Member Info for somm

the oil wasn't sold for $83m it was sold for around $66m the difference was to pay off the balance of the $32m license charge. they were getting $33 pb net profit, even wh ireland had the reserves valued at over $8 per barrel.

saw a company get $8 bucks a barrel the other day, which seems the going rate nowadays for p1/p2 barrels.

they have capacity for 5k bopd for the shallows and expected this last year on a 10 year plateau so cc's maturing fields is a red herring, more like they've **** kee up the reservoir by drilling into the wc, twice, 142 fir example was flowing 1,400 bopd, what will 806/155 add?

they've spent over $66m developing the shallows so haven't profited much of anything.

if the deeps are sold at the same price for say 300m barrels that's 16p.

anyway news next week, hopefully.

I told you at the time there wasn't a cat in hells chance they'd complete the well in 4 months (end of March) and here we are nearly 6 months on and still no where near TD.

You're very happy they sold 40m barrels of 1P/ 2P Reserves at $1.60 pb because you know no better.

The deal sucks.

They were drilling at a snails pace because they were short of dough?

And they've more dough now so they can drill faster, lol.

I've heard it all now, chuckle.

But how have you come up with 3,300m?

Stating they are over 3,300m and hoping they are two different things, last week you said they were at 3,000m?

I'm not saying they aren't, but to put your finger in the air guess in real time they were averaging 10m per day for the first 1,250m by your calcs they've been drilling at nearer 30m per day?

May be that other thick trader with a sore aarrzzz who states on X and other BB's that the 155 and A5 wells were both being flow tested over a month ago can help you, errr no he can't co's he's denser than their drilling mud. : -O

Thank you for the compliment.

You said the 803 Deep Well is over 3,300m now, care to explain how you got that current depth? Chuckle, careful the wind doesn't rip your finger off HWKSFA.

Sorry the 803 Deep Wells depth at over 3,300m?

SmartyP1,

I know you sold millions of shares recently after pumping CASP, not to buy a KIA though was it, and then bought them back the last couple of weeks to get your holding back over 10m again, perhaps that was also weird trading at the time too, you're not at it again are you?

How do you get the 155 wells depth over 3,300m? meters per day please from last RNS.

Rhertig,

The 155 Shallow Well was at 1,000m 2 months ago and will be nearing TD 2,500m.

The shallows sale has not been confirmed and won't go through until the due diligence has been done (deadline 8 August) which is a while away, it then has to go through the Ministry of Energy to sign off and then the dosh has to be sent, all this will take months and isn't a dead cert so they won't stop drilling the 155/806 until the sale goes through, but both wells are near/ have TD'd so why stop drilling.

Next RNS will confirm TD's.

Belles,

I don't care I don't know him.

Strange though you haven't denied being Coffeecups, why is that I wonder?

*******,

are you stupid?

you are obviously not a full pan of chips pal, poland/ krakow, the only thing cracked around here pal is you, because i really don't have a scooby doo what you are going on about.

i'm a printer lol!!!!!!

you though are definitely coffeecups admit it, where is he today? has he been banned and his alter ego (you) has taken over his posting, very strange he's not on here today but you are giving it this flawless fella, and making shiitt e up as you go along just like him?

your problem is you're as paranoid as your other half so you must be one of the same, right?

come admit you've been caught out coffeecups or should i say belles?

Belleend,

You are Coffecups arn't you, only he goes on about this Flawless fella and now you, a very strange coincidence? probably not hey muggins.

FYI.

I bought/sold out in 2019 around 8.70p -12.95p pal so made a profit as I have mentioned several times and bought back in in 2021.

Are you allowed two accounts here?

Just to add,

CASP have 5 rigs.

The G70 rig is onsite at the A7 Deep Well.

The G40 rig is onsite at the A5 Deep Well.

The other G40 rig is currently drilling the 803 Deep Well.

When the other two rigs have finished drilling the 806/155 Shallow Wells they will be freed up to drill WS shallow wells - most likely - or move to B8/ 801/A6 wells?

The 803 rig will be freed up in the next few months to boot along with the A5 rig to drill the A6/801 Deep Wells?

There is a very good chance all 6 wells I've mentioned with be flow tested this year.

Hopefully some will flow.

Gritster/ Belles stop living in the past.........2H drilling may prove to be a game changer.

Belles aka Clueless2, you're an idiot and best you sell the few shares you have left and move on.

Gritster,

802-3 Deep wells should both be tested this year.

The two B8 deep wells have been drilled and waiting to be tested once license renewed (shortly).

The A5 Deep Well shouldn't take much more than a month to complete the 400m sidetrack - rig was onsite two months ago so should be far off spudding followed by the A7 Deep Well which take about 4-5 month to it TD after the A5 Deep Well have completed.

That's 6 deep wells with 801/ A6 to boot - you may have to take your socks off year end. ;- )

DM, yep all good.

Watch Star Trak Discovery S5 E10 the other day (no more seasons being made apparently) it has to be the longest never ending episode of all never ending episodes anywhere, it just didn't want to end.

BTW. There's 68m people in the UK.

Where's DM and the other two traders CC/SP1 today, have they been beamed up to planet reality?

Next Op's Update is due any day now, which should be about the 155 Shallow Well hitting TD along with the 806 Shallow Well.

We'll probably get a separate RNS re B8 license renewed and same with a Specialist onboard this/ next month?

803 Deep Well TD August?

A5 Deep Well - has it spud yet?

There's no doubt in my mind we will flow test at least 6 deep wells this year with WS to boot.

Clueless Mug,

I see you're still obsessed with this Flawless fella, did he dump you like your ex southern comfort did 😆

Clueless Mug,

Yep I'm an expert ask your other half.

Don't forget $83m coming in August.....not - wake up Clueless and smell the coffee.

Clueless Mug, pull the other one.

Remember a barge is pulled by a tug boat not a rubber duck.

Leave him alone, you know he has difficulty differentiating between a tug and a barge-pole. :- 0