Member Info for taximan57

Thank you for the update Igor, I cant believe the tests have not started yet, that is shocking and should have been updated to all not just an email to an individual. So much for following the timetable figure on the RNS.

I wouldn't call 24 hrs significant, and we are already behind imo if we follow the timescale suggested. No news is not good news imo. All it takes is a wee update so how hard can that be?

Below is from the LinkedIn post a week ago, the last line is a joke.

🛢️Exciting news from the Hickory-1 discovery well! Pre-flow test operations are in full swing, currently focused on testing the Blowout Preventer before kicking off flow tests. We’re targeting the Upper SFS and SMD-B formations, holding a mean, unrisked, multi-hundred-million-barrel oil resource.

Stay tuned for updates as we progress towards unlocking this significant potential!

RPJ, the timeline rns says 5 days (up to 7 as subject to change) but expected to start flow test on day 5. This was back on 27th Feb which was 10 days ago.

They started the BOP test 7 days ago so assuming all went well they should have started the flow test at least 2 days ago, so why no update? Flow test expected to be 10 days, to include clean up, so they should have the first result next Saturday.

If you believe the timeline then they are out already, but if you believe silence is golden then a week on Saturday should be the latest for an update, unless they want to wait until the 2nd test result when we can add a further 10 days.

I agree Musk15, but surely silence is what's killing momentum. I have waited 3 yrs so happy to wait another3 weeks but if things are going to plan they should tell us,

Positive end in US, maybe lead to same here tomorrow.

Already behind schedule, they said the rig would mobilise on weekend 17th but it didn't go until the following week. Then they said pre tests had started, which would take 4-5 days, but it's been over a week. Now it looks like the flow test hasn't even started based on photographs.

With all the equipment there it looks like we have all been invited to the party but birthday boy didn't appear.

As a long term holder I am disappointed with the lack of updates, which is historic, but I'm sure the company said they would improve after the last AGM. Another year of wishful thinking nearly over.

Disappointing if true, but consistent with management lack of news.

Icewine was also misinterpreted as it drilled through one of the targets but was ignored in error by the company

Down in the UK, down in the US, we need an update on pre tests and confirmation that Flow Tests have started from the company.

I believe it was in British Companies only and may be in addition to previous allowance

Gam2 the rig has been in position for a week, the pre flow tests should have been completed 2 days ago and the flow test started, however no mention of this from the company. They should at least confirm successful pre tests.

I think the lack of RNS is why there is a drop today. The least the company could do is let us know that the pre tests were successful. Silence is a killer.

Replied with a positive MM :)

Finished up in US, lets hope the same happens in AUS

At the car dealer looking for a 3 wheeler

If it doesn't it would suggest there was an issue with the BOP or string and plug removal, and we don't want that.

Mobilisation nothing to do with pre tests, which according to LindedIn post started 4-5 days ago, so flow test wouldn't start until about now. Not a slanging match, just stating from posts.

More likely before Aus opens

4 days of pre tests before flow, so flow test wouldn't be starting until today, or yesterday, and then 10 days to complete before result, then start on 2nd flow test so another 10 days minimum. A bit premature Baits.