Firering Strategic Minerals: From explorer to producer. Watch the video here.
Hi.
Frick a doodle doo. I'd like to propose an amnesty where nobody posts for a week to regain their senses. I love the fact that Dr Seuss is involved, his snergelly hoses have frequently been promoted but we are going into a bottomless pit with Plato Wilde and Einstein. Let's at least agree for a rational disussion on Enquest tomorrow morning?!?!?!?!?
GLAXXXXXXXXXXXX
Hi,
For anyone interested:
https://www.dropbox.com/s/hzlqx3le5sivex8/Enquest%20Production%20Data%20updated%2011.09.21.pdf?dl=0
GEAD not included anywhere in Enquest data but last graph is GEAD OGA actuals Jan - Jun for all three fields and the prediction of a deluded mind ongoing.
GLAXXX
Hi
This is an interesting insight into Private Equity and M&A activity in North Sea alongside ESG pressures.
https://pemedianetwork.com/petroleum-economist/articles/corporate-finance/2021/north-sea-buyers-wanted
Late life specialists required . . .
GLAXXX
Hi,
Any thoughts on rise today and presentation this evening.
Not sure the "piece of string analogy" is confidence boosting but understand why reticent to give a timeline. Genuine and likeable presentation althogh CFO probably ****hed for giving up his evening and saying nowt,
GLAXXX
Hi,
It's relevamt because Pilot has a stash of Heavy oil and they are looking for development partners. Nothing very new in presentation this evening. FPSO is blue above plimsoll line:
https://www.dropbox.com/s/44i7xzpr931svbo/Orcadian%20FPSO.bmp?dl=0
But discourse was very much about new build FPSO.
I did notice their chief of Geo Science is ex Enquest. We have heavy oil expertise if not polymer flood. Reckon they're chatting.
Look at me knowing all sorts of stuff!
GLAXXX
Hi
Currently $545 .50 a tonne in Singapore which is something akin to $84 a barrel minus any costs incurred to get it there, if any??
Not ramping just giving a happy place option.
GLAXXX and an extra X for those that need it.
Hi,
"If we had some bacon we could have bacon and eggs if we had some eggs." Just a thought provoker on pointlessness.
I appreciate people can make a chunk of money and lose a chunk of money over any period of time. Why not use this forum to investigate and inform rather than pontificate about your own investment dilemmas.
I'm not sure getting angry, frustrated, sad or for that matter ramping/deramping (grrrr)has any benefit for one's mental health.
Also, everybody should be nice to everybody else unless they are a bottom feeding scum sucking troll.
Also, I am vegetarian so would decline the bacon (even the veggie **** that pretends to be bacon)
GLAXXX
Hi 10101010102277700,
Thanks for input by the way. . . .
Also, in defence of the increased cost per barrel, a late night thought, but nobody expected a pandemic of the length we are having either. That caused an immediate increase in operational costs (Brexit aside) and also ongoing inflationary costs as **** became more expensive and difficult to get hold of and increasingly so.
Putting it on the table.
GLAXXX
Romaron.
Thanks for the idea, we'll start promoting that.
January "Going Down in the Gateau" Special "A rich and elaborate performance, probably one with cream in it." Might need to install some more refrigeration if relocating to Malaysia. Will speak to Petrofac.
GLAXXX
Hi,
Also:
Costs go up as oil price rises as fuelling costs increase,
and
Costs go up when you have a 56,000 tonne pleasure cruiser warm stacked at Nigg for $40k a day. Struggling to break even on the bar to be honest. Negotiated one of those waterfalling profit share deals with Swinney which brings nothing to the table, wasn't worth mentioning in HY report. Might get a boost with our January special and I don't mean after Christmas!!
GLAXXX
Hi,
Yes, survey complete and data analysed in Q1 2021.
Was very thorough even if did go off piste occasionally:
https://www.dropbox.com/s/nfer1xyl5ajwf7c/Ramform%20Vanguard.jpg?dl=0
That was for real. Couldn't believe it as it unravelled before me.
GLAXXX
Pelle,
FY number included GE
I have my estimate H1 45815 based on OGA a little below reported figures , but see earlier post
I have about 51k H2
That gives about 48.5 FY
Plus 2.5k from GE
51k Total production year end.
Unhappy to adjust downwards?
GLAXXX
Hi,
I am 51k boepd FY21 including three months of GE giving 2.5kboepd for the year.
In testing these figures just now there was a small (500boepd) discrepancy between Kraken H1 reported figures and OGA H1 totals, the former being higher, which they shouldnt be. I then recalled that OGA figures are mid month to mid month so last two weeks of December in OGA and last two weeks of June out of OGA. This could indicate significant Kraken improvements last two week of June . . .and beyond?
GLAXXX
Hi,
Operations related - not project but relevant when deal is done.
https://news.writecaliber.com/economy-middle-east-cnooc-invites-alternative-strategies-for-buzzard-scott-and-golden-eagle-epc-deal/
Keep em peeled,
GLAXXX
Dear Mr January 2,
Having reviewed your Tesco Aisle 9 performance courtesy of Tesco security footage we are pleased to offer you a six month contract on Enquest Producer as a cabaret character dancer. Twice nightly sessions in the Swinney Lounge and late night extras in the Hannon Hold at your discretion
Should you accept we look forward to meeting you at Nigg harbour in due course.
You will need to provide right to work documentation and proof of Enquest share ownership as standard. Your wife has already signed off on all the other paperwork
GLAXXX
Hi Mriggy,
I was one of the party that asked the EP question.
I have spent a while trying to see who needs a secondhand FPSO and the value therewith. I posted this before:
"I don't know much but it seems to me that these FSPO's are bespoke to project so would be due mods to suit location wherever they go. I think that is a couple of years away, with a relocate to Singapore and sail back likely. Orcadian have a bare bone Aframaxx built into budget but also mention of partners etc. Distant but an available option?
From memory 40 million aframaxx shell and then vend in any benefits of EP set up that works for site and adaptions for a hold wash as mentioned in presentation etc."
Someone clever said that EP wouldn't be a suitable conversion for Orcadian.
Someone also may know better but scrap value is probably higher than ever but I was intrigued by the fact AB stated that they haven't sold despite offers and using EP as leverage for a buy in. That suits the modus operandi.
I'll keep scanning.
If it drags out we may have a new saleable act to help pay for the warm stack as on Tesco aisle 7 tomorrow January has his audition as a final desperate attempt at the bigtime. Stay away from frozen foods is my advice. Hope it goes well!!
GLAXXX