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I Have a Dream, a song to sing
To help my COPL, with anything
If you see the wonder, of THE NEW DISCOVERY
You can take the future, even if you can't work it out
I believe in Am
Something good in everything I see
I believe in AM
When I know the time is right for me
I'll cash in, I Have a Dream
I'll will buy a yatch and sail away, I Have a Dream
lol
looking at original forecast at time of Atomic acquistion forecast was 3000bbl on average calendar daily rate, increasing to 5000bbl for at least 7yrs and this wiyhout the discovery which is a game changer and a half. Hence, gas flood sorted and well delinated it will happen sooner than later. dyor
jiddy123, i agree in that the debt by CUDA will taken as a deposit so leaving a nte figure. If 20m tat is fantastic to accquire a field on an incline production. Happy days soon. Valuation shoud be far above £+
Tiburn, keep on posting learning and agreeing with you. Not posting watching from sidelines, got average down thanks to who ever or what ever got the sp to go down.
Say if our % currently without CUDA we wuld be able to offset by the hedge on the butane, so way I see it is once CUDAaccquition signed and delivered, we have all CUDA % at current prices.
regarding the gas flooding and the profilic reaction to it I see as good news and each site will be tested for its reaction and what we will havee is the solutions for the any eventuality i.e. pressure etc. I know where gas flooding as hasn't produced results because these were near enough depleted reservoir and they were trying to get the oil to flow but the inverse is true here in that production will on the incline rather than decline, cant wait till this starts showing up in the production results.
hopefully some more soon if resistance crosses 17.5.
GA
Back to the sidelines ;)