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Quite hilarious ..
I state an opinion based on fact , the fact is SDX currently have the rig and have just spudded , some 2 weeks later then planned, That will will take circa 10-16 days , it is 1700 mtrs to TD. After this, rig rigs down, then moves to work on Chariots campaign. The rig will have to rig up and pass chariot’s acceptance audit, as a new operator.. They have advised 2 deeper wells each well taking up to 24 days doused by them , although I think it will be quicker then that. Only after that will it be moved to our MOU 5 well…
So I questioned one of the ramping crew how he thought we would be drilling mid April ? No more no less. I advised my window was circa 26may to 5june , which I stand by. This forum is a really dangerous place where only ramping is tolerated….
SDX wells are all targeting far smaller gas reservoirs….i think they have 5 wells flowing in Morocco at combined production of about 6mmcfd per day.
I believe we are expecting a minimum 5-6 mmcfd flow rate from each our first 2 wells.
Mark Reid, fecked them up, ex char CFO, even more arrogant than Bottomley and to boot a hyped up jock with little man syndrome..completely useless , its funny to see the same old faces going from aim company to aim company milking them , they get found out after about 3-4 years and move on to another sucker for another half a mill earnings,and bonuses …..no idea how JMW has managed to stay in situ for so long , it either his old etonian school ties or he has pictures of Pouralis !
2024 Anchois East well to
evaluate 383 Bcf upside
volumes in main field, with
direct read through to
1.4 Tcf Total resources+
Development concept
allows further exploration
tie-backs and a total of
2.1 Tcf Total resources++
That OCTG in todays feed is not the same as what AP and PR Raillard were standing next to 2 months ago in the company update. They were standing next to 4-1/2 production tubing, the Twitter/X feed today looks like 7 “ casing/ liner.. I see a cement unit and what looks like a logging shack being unloaded., also looks like some testing spread there as well in the yard.. would love to have a live feed.
Where have i done that. ? I clarified i own 3 stocks on Morocco , PRD, CHAR and SOU
Trouble is you only want to hear ramping.. that’s fine . However I will post how i see it on all the stocks I hold with out you telling what i can and cannot do .
Sorry to disappoint but imo there will be no operations during April.
Sand jet spread not due into morocco earliest mid April, along with CT unit late April. As advised by our CEO, customs clearance, mob, rig up, acceptance checks will take very minimum of 2-3 weeks imo.
Chariot should be announcing mobilisation the rig to 1st of their Loukos wells next week in a 2 well deep drill programme including testing, that will take 50-60 days combined.
IMO we commence SJ ops mid May at the earliest and get the SV 101 very late May. lets see.
The only opinion you need when investing is your own , if your basing investment decisions of by other opinions, more times than not , good bye to all or most of your capital. if your opinion is firm based on what you read and believe from the people you only want to read and believe, thats fine … I never asked you to listen to my opinion. I hold stock here and i hope to make money , however I do not ramp here and what I am seeing , the hyper-ramping via a proxy all ad verbatim like some guru type demi god , is one of the most bizarre things I have witnessed on a share forum.
The CEO said himself in the PI Interview, that the sandjet spread would not arrive into Morocco until mid April, like any african country i would assume customs clearance for temporary import equipment will take the normal 2-4 weeks ..the spread then has to be mobilised, rigged up and audited, say another 10 days , we cannot well test until the well is flowing. We cannot flow the well unless the sand jetting pumping clears out the debris. Do you see timelines different ?
Rigless testing is not expected to commence until mid to late May at the earliest . The specialised perforating equipment will only arrive in morooco mid to late april and that is still not 100% confirmed. Rigless testing will only happen if we can get the wellbore problems sorted out and connectivity to flowing HC`s with the sandjet pumping spread. No idea when MOU 5 will be drilled, think we are still waiting the permits.