Member Info for Sidneysideline

Cheers Fred…

I’m sure I should know this…. Do we have reserve teams which allow 7days a week drilling? 24/7 operators

Super… LOL!

I too thought that post was well constructed and a true reflection Illusion… thanks.
Let’s stand back and consider the JV for a moment.
Even the smallest ‘large company’ in the region would be a tremendous bonus for COPL. Little ole COPL who let’s face it had pretty much feck all 12-18months ago.
Since my rant on Sunday, which was a phenomenal, aggregated lack of sleep, I’ve been trying to sit in the Ironside, HH, Paul etc camp… I’ve reread the bond info and looked again at the various presentations.
Maybe we should be 2-3 months ahead of where we are. Let’s even say 6 months. That would be assuming everything ran like clock work… every duck was lined up. Every deal ran to schedule. Every weather forecast was about average for the time of year…
My experience tells me that life and business is not always like that. **** happens. Knock on cumulative small issues suddenly mean, let’s say a months delay.
Now starting from scratch with a fresh sheet of paper. Ignoring what might have happened. Ignoring the bond and the possibility of a better finance deal… What have we on the table and what does the next 6months look like. I’ll let each investor think about that.
I was asked this morning what info was presented in todays RNS which was new and positive. I’d say not a huge amount… Except:
A JV partner is in the final throws… legal arrangements to wind up…
New drilling has been approved and is imminent…

For me I like the out look and despite desperately trying to see the negatives they’re just not there.

Eazy... I've chased Ironside up on Telegram.... Maybe he missed the question you asked at 09.19. Let's all wait for the answer. Hands up if you think he's going to answer...

Jem… VAST are not in the same league. Terrible effort.

Thanks Art and the team for pushing on and creating value for all. Incidentally when he refers to the cold I was surprised to see that the night time temp tonight / tomorrow is -26 & -30…
Re finance, JV and drilling to commence early jan2023…
Have a great break everyone. I’ve seen enough
Happy days
Xxx

Trujerk... What a terrible effort. I was expecting someone to post along those lines... You fella get the turkey of the day award!!!
Well done all and thanks for sharing

Evening all.
Apologies for the 2024 date error last Friday… absolutely meant 2023…

Well it’s been an interesting few weeks. Let’s see how quickly the Glencore engine can move us forward… I would imagine it’s been a tough gig for AT getting this far. 2024 for a game changing step forward.

Completely agree Wookie.

Trujack... Wind it in fella.. Same boring nonsense every day... 'Come on Art' - ffs boring.

Well done eazy….

RBM Thanks for sharing…
Personally I don’t want Art thinking about RNS’ing everything… I’m happy to sit and wait… wells will come on line and production volume will increase. After all that’s what this is all about.
The clowns on here recently need to improve their narrative… poor show so far.
Anyway enjoy the week.

Zoo… seriously… Donkey!

waal… thanks for sharing the link… I particularly like the following point… ‘Increases include new monies for emissions reduction projects and the impact of inflation’.
The numbers. Both in profits and investments are huge… Chevron free cash flow of $34bn is nuts. Biden is desperate for oil majors to increase production…
Anyway let’s see how the week unfolds.

Trad... LSE need to introduce a bull**** button for posters like you...

Re funding the drill.... That was my first thought earlier... You wouldn't commit unless the funding was secured. The bed wetters are now worried about where the money is coming from... Come on Iron I was expecting the 'placing' call to be made by now. Let's be av'ing ya...

Thanks for sharing Tiburn.

Simmo - I’ve never bought into the concept of leaks and info ‘getting out’ prior to deals being done. These are commercially sensitive multimillion pound deals and not a 10p Wham Bar purchase (I know… where did that come from… tuck shop 35years ago). NDA’s are legally binding and professionally honoured.
My guess is it’s taking a while to find the right pen…
Enjoy the weekend folks.