Member Info for spike912

What’s the expectations of Heron (generally)?

Looks like seller may have cleared as a lot of big buying today yet price being held
Low free float so expect they will have to let it go at some point

Broker value £36, let’s not forget

Maybe back into 19s today?

Brgm, still waiting you thoughts on choke and stability. Hold my breath any longer may die. Admit it you have no knowledge lol
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SEA7, agree however Paul also said they couldn’t run it on anything other than 1/4 choke which wa smallest to keep the well stable, and that was still
Giving 1000bopd. So why can we now try varying chokes, which, if you take his last comments surely would make the well unstable? And how do we end up with 295 when supposedly the oil wanted to come to the surface under its own pressure and flowed at 1400 for a short time before being shut down

Look, I’m not here to “troll” but the above makes logical sense. There may of course be a very valid reason but as yet no one knows it

Brgm, see your still inept to debate lol, or add facts and logic to your posts, then we have LB adding and thinking the ask at 7.9 is “interesting”.

Jesus save me.

I want this to recover as much as all on here, and yes, I am utterly fecked off with PH and what he has done and his lack of coming out to support the mere PI, but new investors need fact not ramps or trolling.

Questions need answering hence the drop again today which is painful to watch

Hahaha logic? What logic? That’s not logic is a pathetic attempt at an illogical ramp that makes no sense!

“As ive said earlier Block have been caught out with how big the well is, storage needed sorting as did a flaring permit. The well consequently needed to shut in whilst this was resolved. Its cleaning itself up on varying chokes and should come good.”

Logic? Really? Storage and permit has what to do with the flow rates at 295, choke sizes, Wells stability contradiction and water content? Nothing! Varying chokes yet anything other than 1/4 blows the well? Again your logic?

If that’s your logic I feel sorry for you

LB....another one. Shame neither can add any value to the board, just goes to show how uneducated you both are sadly, burying your head wearing rose tinted glasses. We are now under 8p to sell, so looks like the market tends to agree with my logic rather than yours and bgm (surprisingly).

Anyway, enough from me, proved my point. Enjoy the rest of your day

Brgm, you have proved my point. You have side stepped it with “why debate with a fool” because you can not debate as you don’t have the answers nor knowledge yet troll others who actually HAVE logic in their post.

Never mind

LB...enlighten me? Answer my questions with your opinion as your clearly not the most unresearched and thickest here?

@gt. what about the choke? 1/4 choke smallest to keep the well stable at 1000 bopd, anymore choke and we are getting even more oil making the well unstable . Now we ask able to try varying chokes and end up with 295? So why didn’t this make the well unstable?

Where did the 25% water content from given it’s from drilling the well pre test, yet on **** results no mention of water?

Ops update promised 2 weeks ago in PH proactive interview?

I’m not here to argue but at least have a civil debate, which is what we are here for, but as of yet not one person has actually answered or debated the content above

The problem is here, there are too many trolling those with a logical opinion yet they seem unable to debate this with their own logic in a civil manner which I can only assume is due to a lack on knowledge, ability, or understanding

I am more than happy to debate my posts but with many just saying “whatever” it makes me wonder why these people can’t debate, do these people have the knowledge?

I’ve done zero research haha. Have you not read my posts? Quite clearly I have. Maybe you can debate my posts with your opinion brgmg69? What your thoughts on this?

SEA7, where does it say intentionally restricted in the RNS? Varying choke sizes have been tied, yet apparently the smallest one we could use was 1/4 to avoid the well collapsing, so why now use varying chokes?

Testing as 1000 bodp on a 1/4 choke, so, why couldn’t we stick with 1/4 choke, and send to production? Nothing makes sense here from PH.

The 1200 barrels of fluid lost was during drilling and completion, so why wasn’t the water content mentioned during the testing phase? Didn’t suddenly appear imo

I’m not saying I’m correct, and I’m far from an expert in oil, but there are too many contradictions at this stage which is why PH needs to clarify these to settle peoples nerves

He was quick enough on the PR when they needed £12mil!

Not dropped off much lol...really? 1000-1400 down to 295? I see not dropped off much at all, and that’s after nearly 3 weeks production/optimisation and well cleaning.

Doesn’t matter how anyone tarts it up, facts don’t lie.

We have no idea on the 390 m/cf gas, no idea on when/if they will issue further flow rates post clean up, no indication of what these may be, no ops update, so spud date for 38Z.

The market needs answers

Could as easily be a month, two months, end of year. We are in the lap of DW and whoever it maybe

Personally i have tempered my expectations but it is getting rather tedious now lol. It’s been a month now

Can’t DW just drop a little update to let us know it’s all going on in the background! Seems even the market hasn’t got a clue

It was also considered to flow 1000 bodp LB

You can’t blame people for asking questions of PH at present. Not saying I agree or disagree but this is the problem PH now has now

We don’t even know when we can expect the spud date for the next well, ops update or updated 16az rates IF we are having any.

PH needs to come out of hiding and kick start the SP again imo and get some confidence back in Bloe but the longer he hides away the worst it will get

AJW, with respect we don’t know if that’s purely from the well test, or simply water content direct from the well ie mix of crude and oil. This is another item that needs clarity, as there is a big difference between “clean up water” and traditional water cut with the ratio of oil to water. The actual 25% (I don’t believe) has been fully confirmed explicitly in terms of EWT water which will of course reduce from clean up, or if it is simply from the well producing itself

Time will tell, when we have the updates I am sure, but this water cut wasn’t mentioned during initial flows.

PH imo needs to clarify the water cut, the choke/stability issue which contradicted his initial explanation vs actual results (see my post last night) and also if the reduced production has an effect on the ops plan, as many could have potentially invested on the next well producing 1000, but in reality are we now saying it will produce 300 ish, which (rightly or wrongly) may put a few short term investors off

However, let’s all hope Miton are done and we have a few blue days as sitting on an average of 12.90 is hurting!

Good luck all

Everything is speculation bar the details in the RNS

295 bopd with 25% water cut. Gas small fry at the minute

They are the facts, forget the reasons for the “discrepancy”, it no longer matters. What matters is what is in production and that’s all the market cares about

Hopefully PH will take a harsh lesson from this. Choke sizes, stability of well, had to go smaller choke to keep well stable at 1000 bopd. Makes no sense at all. I’m far from an expert but sounds inexperience to me.

You don’t declare to the market your having to have the 1/4 choke and getting 1000 bopd and can’t go any bigger to keep the well stable. You open it up (odd given would by nature become unstable), and end up with 295 and a 25% water

Remember it will, in time also decline

Still holding but I sincerely hope PH comes out from hiding and gives us PIs some serious update as to what has occurred here as it will effect many people’s future investment decisions in Bloe

Don’t feed the rampers ;)