Member Info for Sundaysun

Of course the team had confident about t8 t9..why else drill there.The confidence attached to t10 comes with ,not only the experience of the past two drills but comes post the t10 spud.They will have much more additional technical data now,and let's face it..they know..the mood music is there.

I really do not want to see buybacks..In theory they make sense but the reality is that they are a blunt tool that simply dont deliver a higher valuation.For those who have been here a while,they will have had the experience.Whatever money might be used for buybacks should be given to shareholders .I think many of us would then buy into the market and reduce the free float.In any event ,I want to see the low valuation addressed.

Mike ,thanks for your calculations. I hope they are wrong of course ,as this would mean a good few PIs who bought in at the top would never recover. I’m a little more optimistic and see £1 as a low but still with a good result at t10..I really hope all make a decent return atb

Mike ,thanks for your calculations. I hope they are wrong of course ,as this would mean a good few PIs who bought in at the top would never recover. I’m a little more optimistic and see £1 as a low but still with a good result at t10..I really hope all make a decent return atb

There are a number of posters who talk about an LE of £3/5. I cant for the life of me get to that with my back of fag packet calculations.I would be pleased to have a rationale for such a figure.Im not looking for a fight here..I would love to be wrong but in my best case outcome I can only get to £1.80 /£2.

I wonder if t8 is the total write off we have come to expect.I know there was talk about a possible stimulation there..? Thoughts on that ? I will include the question in my next mail to JP.

It maybe an irrelevant factor to SjLs new business but I am curious as yo the reason the year end results are some three weeks earlier this year..?

Many thanks for your posts soundingoff,always helpful.Most O&G co,s suffer delays but SOU seem to have taken the gold medal for it in the past two years.I feel this time we are at the start of the end game with t10 looking like it's going to deliver.Like many ,I'm well under water so a little average down was the strategy I took.Gone are the days of"many multiples",though some still talk about it.My expectations are lower £1.20 will be a good result for me...although I've no idea what we will go for.gla

I’ve just topped up a little..I swore I wouldn’t again but I like the mood music so much since the Balls meeeting. I must say also ,there seems a bit of zip in JPs step..not only his face to face meetings but in the email replies I’ve had from him. That’s my reading.

Once stimulated we can expect between 2 to 4 times the unstimulated result.

My expectation is that we will be told the results on unstimulated ,but there is no explicit undertaking to do so and never has been.

Amazed at how prompt JP is.So ...."It is not possible to provide advice on what we expect to announce OR WHEN...However ,our announcements will be driven by price sensitive information during the operation.I expect the whole operation to be complete by end of April at latest."He thanks me for my question .

I have emailed JP ..should have done it in the first place ..such polite gentlemen as always here.

Wtf..We wont have unstimulated flow test results ? Why not ? If we have to wait for the stimulated flow results ,we are talking 6wks ?

I and all of the .luxe buyers I know,all three of us, have paid for two years..I imagine many doing the same..atb

I'm surprised at the lack of SP energy today..I feel a great deal happier this weekend than I did last.

Around £5bn for Sound...I will eat my new shoes if we get that.£1.50 would be great...cant see much more but happy to be wrong.SP crap today..odd.

I feel like yesterday marked a turning point and that t10 is looking an almost done deal.As far as LE price.Its guess work until we know how much we have but I'm happy with a £1 more than today's price.Im a bit surprised we havnt had a lift in the price today..but bloody AIM again.

Excellent update on HH.New Portland HH2 drill coming up..35000b of oil from HH this far...great stuff.

Excellent update on HH.New Portland HH2 drill coming up..35000b of oil from HH this far...great stuff.