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Thanks for another exercitus based insight ;0).....So people have taken this to mean the words exactly, for me this is more about the action. Clearly the words mean a passing point of no return, which this appears to be. However, these were the words used by Julius Caesar when crossing the Rubicon river with his army which led to the Roman civil war and the eventual rise of the imperial era of Rome. Caesar was subsequently victorious and his actions were never punished !!
That's just my take which I'm sure the trolls will rubbish but its amazing where info appears from in this game and ive seen it many times over the years.
real busy day today but will be looking into this more later !!!!
Now that is interesting!!!
Wait till the news drops, these things will be impossible to get hold of :0)
Buy buy buy ..... keep them coming. We will be sinking beers at the 25p party before we know it.....No Crusty's allowed ;0)
Just get the feeling the big news could be on it's way anyday now. Theres so much evidence of background activity its unreal. JB cant just say I'm In negotiations to farm down/ sell or bring in a multinational oil comapny in a JV. Recent contact tells me "they are working very hard to deliver a success" !!!
Curious, theres no way JB is sat round waiting for ISA proceeds to come in.....are you having a laugh.
He knows the fastest route to making money is either farm down, sell or get the Djeno oil out of ground ASAP. When we sent DS packing it was because no more funding was required in the words of JB.
Worst case scenario he would have done a small placements weeks/months ago to get that rig onsite !!!!
Also explains JB's reluctance to book a rig. As I've said many times hes a very organised man and getting a $25m RBL in place before you've even booked a rig is odd to say the least. Hes had a huge amount of time to book the rig and like the RBL he would have done it a long time before it was required........if it was required !!!
They still have 3D seismic to carry out this year as far as I'm aware .
JB will have to box clever as these boys dont mess around but its clear the area surrounding Tilapia is a hotbed of activity
I've been suspicious for a while now something bigger than just 103c is going on, something connected more to the project than the individual well !@@!
Hey Irish, thanks for pointing out my awful geographical gaffe, if only DS were still around, he was the only person who could make me look good ;0)
Not only that Skittish, I bet they were very VERY interested to see weve flowed the Djeno on our block without any artificial stimulation or lifting equipment. Not only that but it clearly flows at high pressures :0)
That's now the most definitive proof they have that there will be an active hydrocarbon system in the centre of their acreage. We also need to remember all their leads surround our block and I guarantee they will come across our boundary and possibly even pinch out there (just my opinion). They were looking to do some seismic this year across their site, damn sure they would like to buy our acreage first !!
I guess I depends if new age are looking to sell !!!
Ours being the missing portion but possinly the most important one :0)....imho
Ps. Did you realise our recently departed DS used to be instrumental in financial M & A for Lukoil. I'm a big believer that business moves in circles. I realise DS is no longer around but he may have put us in the frame before he left. We could find ourselves in the middle of a land grab between Russia and China !!
Dont you worry yourself Crusty, I have plenty more where they came from but this SP is only just gathering momentum so I would hate to peak early. I'm currently gathering more fascinating facts to WOW shareholders with ;-)
Its lovely to have you around by the way, this BB was actually beginning to become a bit too happy with the rising SP. I will be expecting you to bring some reality to the situation ;0)
The whole point about the Vandji is theres possible blue sky potential of 15-20,000 bopd but that's what it is. We dont need the Vandji as 5,000 bopd from Djeno is more than blue sky enough for us. However, our seismics suggests the Vandji contains oil and I wouldn't bet against it being a awesome discovery, plus the added reserves would be huge for little old AAOG even if the flow rates were not mega !!!!
Skittish, just to add to your post I was told by management that very little exploration had been done on the Vandji reservoir across the whole of Congo, that's why both our BOD and the Congolese government were very interested to drill into the Vandji on our site. Not only that but the seismics carried out on our block have been very accurate and in some places to within 25cm, those seismics had strong evidence of hydrocarbons across all of our reservoirs which has again be proven accurate. Most interestingly however, was those same seismics also had strong evidence to show Vandji was also packed full of oil. Theyve been right on all 5-6 reservoirs so far so youd be a fool to bet against them now imho :-)
Sardy, have you never seen Gremlins the movie, dont put Crusty near any water or bright lights you'll regret it as he can turn mighty grumpy ;0)
I remember seeing him at a certain AGM when it rained on the way in, he pulverised the BOD that day !!!!
Well Sardy. When you can really dance, people just know by the way you walk :-)
Equally, there are many new papers out there to support my theory, the point being there is a real chance the Vandji will produce +15,000-20,000 bopd . Even if you look at the simple flow progression from what we already know of our area. R zones produce circa 100-300bopd ..... Mengo 500-1500bopd ...... Djeno 5,000-8000 bopd...... can you guess the deeper Vandji zone bopd now HH ;-)
Clearly I'm just having some fun