Member Info for somm

Looks like the train is leaving............

KK,

Nothing wrong with a bit of pessimism makes the good news that bit more uplifting.

I'm pretty upbeat with the A8's 4 intervals with another 60m likely drilled from the last RNS who knows may be another oil column....or two?

Will we see a £1B/ £2B market cap in the coming years?

KK,

As I said a while ago the 153 Well should hit TD/ testing last week with news out W/C 18th, which is still very probable.

However, looking how the flow rate was up and down on the 154 Well with an initial flow test of 5 days I thik they will test the 153 Well into the weekend and report flow rates sometime next week confirming a steadier flow rate. They will no doubt have started testing 7/8 days ago by fracking 150m+ and then flow testing so next week I'd guess.

Everything else aside for the mo - the export license is going to see a major revenue uplift from the existing 4 wells waiting to be brought back online, but the biggie is if A3B flows and as I said I wouldn't be surpirsed if it did with $100m sale.

I wonder how the new Operator will fair with drilling it - will they decide to drill it horizontally?

A8 Deep Well should be hovering 5,100m today with 200m to go - will they get to TD and drill into the Mississippi and see the share price burn?

Whoop Whoop!

KK, yes day speak not velly well.

22K shares re last of the rig sellers shares? KK could you please tell them to stop with this nonesense as I've give up. ;- )

Getting excited now though with 153 news due and A8 to boot soon enough.

I suppose we'll be seing the last of the sensible chat/ humour on here as the new investors mob will be here this/next week to blast the LTH. lol

At least we'll have C.C. to put them straight and Diver's humour to scare them off. ; - )

Obviously they're referring to the A8 Deep Wells 4 intervals - wish it was four new well?

Let's hope when they frack the four intervals together (90m+) they all flow commercially together (4k+) with no blockages, should be simple enough to do right!

C.C. with a dozen major operational events taking place between now and Spring Im pretty sure you'll be bouncing around by then on your new Po-Go Stick. ;- )

Yep, we should see a spike with 153 and A8 with four intervals and hopefully bigger intervals deeper down - wonder how deep they can get, should be around 5,150m by weeks end?

Just manged to get another 147k at .0407 - was asking .0420 so happy with that buy.

C.C.

ALL the caveats you mention are in the RNS and thus far all sidetracks/ Horizontel Wells have been drilled as stated. The point is they have said the could drill before year end givingthem 4 months to prepare the 802 Deep Well before winter sets in - 4 months mate.

We'll have to agree to disagree re rig seller - wait for spike and 19 * million sells thereafter.

BTW a spud is a potato ask King Edward.

C.C.

You do realise they're driling the 802 Deep Well all the way through winter, dont you?

Rig seller hasn't sold one share mate. imo.

Don't forget me overtaking him broooooommmmmm!

If we can get to around 11/11/21 without A8 news then we'll have a good shot at hitting 5,300m TD, no news is good news.

With 4 intervals thus far to test and no doubt other oil columns (thicker) further down it will only take one to flow at those depths and lift off.

A5 Well being the second bite of the cherry later this year and 801 Deep Well next Spring.

I'm not bothered about the 153 Well coming in next week at 700 bopd - that'll just be bread and butter oil. lol!

2022 looks like the year to really see lift off into high double digits. imo.

....I reckon we'll see a RNS - re new financing agreement/ debt pushed back this year as the debt gap should be covered soon enough at $80 bucks pboo.

Who knows may be a mention of rig funding to boot?

K.K .

Whats the biggest buy trade you're being quoted?

No pressure mate.

https://www.youtube.com/watch?v=ypVLdPZRumo

C.C.

And why not?

And if that were to be the case (that they'd already drilled into the top of the Primary Targets dome) then not only could there be a nearon 1,000m gross oil column, but we could have discovered a new Tengiz stretching 58km!

But surely the drill bit wouldn't be going at 9m pd through massively fractured oil column?

Ohhh the thought!

Something to note is if the Devonian Well is successful (which has been from 4,500m) they will have a better understanding of what mud weight to use on the A5 Well between 3,850m and 4,500m having already drilled down from 4,650m to around the 5,300m mark earlier in the month. The A5 Well is planned to be sidetracked from 3,850m to 4,500m this month, if they have new pipeing, and hopefully the same mud weight used on the A8 Well around 4,500m helps the oil to flow unhindered on the very promising A5 Well.

Potentially another 3k/4k bopd come January to add to the pot one hopes for.

Let's face it us LTH lost 95% of our dosh due to Perserverence duster/ share consolidation and from consolidation we're down 60+% to boot.

I need the share price to hit 35p just to break even.

If only Perserverence had hit the motherload!

£22k punt now worth £1k ah well.....

The big question is will they be able to drill into the top of the lower Devonian's Primery Target(s)?

Can they squeeze another 100m - 150m drilling to get to 5,150m/ 5,200m?

Currently at 5,046m.

At least a couple of more oil bearing intervals would be nice to boot..........

I don't think the market likes the dodgy A8 Well commentary - will continue drilling for now : - (

I'm hoping if the Primary Target starts at 5100m (200m gross oil column) we can pierce the top part of it and test it from thereabouts.

Market wants wants to know whats at the bottom of the Well.

Not a poxy 90 meters plus from four intervals. lol!

4p now.

Should I or shouldn't I hmmm........