RE: Presentation????08 Aug 2022 19:40
I screen shot most of the presentation up to 5pm and then had to jump on another call... I'm crazily busy at the moment. I'm happy to send out the important well plan data if the presentation isn't uploaded.
I haven't read any posts from here today apart from a couple a minute ago. But what I would say is that I really like the detail Art went into regarding the drilling plan. I am very familiar with P1-3 C... etc. But I am sure others are not. Another positive i took from the detail plan was the extent of the drilling and the heat map of supply. It is very clear that the RS report is very cautious. (Only naturally as they have 3rd party indemnity to think of)... Art said the COPL forward strategy disagrees with the lower volumes that RS have suggested by, I think about 120m barrels... They have there own ideas on the volumes which for me is fair enough. Pressure issues in hand and the production rates are on the increase. Circa November for drilling the Horizontals... Ok a month later but who cares!!
This is going to be big... so it takes a few months extra.
Oh one other thing. Art was clear, and I think most people will concur here... There will be niggles, issues, minor and major problems... What I like is the way he confidently said the team are there to resolve them and move onto the next one... We are drilling for oil. Not knitting a pink cardigan in front of the fire in a cottage in Dorset.... there will and are risks to be dealt with....
Right I need to pack.
Stay sane everyone. Don't let the parasites get under your skin! xxx