Member Info for vanguard

Looking at our slice of 126m barrels and $3.5 a barrel in the ground price, you are looking at about 80p a share, I would love to hear some of the more educated estimates though, ideally in a dream scenario you would want a bidding war

Bought my first RMP shares at 36p back in the Puntland days so more than know the history. This is as good an opportunity that RMP will get to make something of the company. I don't intend being here in 2 months time as other opportunities are on the cards. I hope you make a bit on your journey

I give in, just do a bit more research please 88e are the operator, all the RNS releases come to RMP via them.

Never, not the same company, brilliant, and 88e are responsible for the RNS releases, not RMP. Believe it or not adults can make their own decisions, that's AIM risk v rewards. Apart from that we could be in Puntland.....not

What similarities are there apart from we are drilling for oil, miles apart I'm afraid

Island girl, think you are Right, didn't think we would dip our toes in something as promising as winx

Not many of us interested in these slight fluctuations in price at all, 4.35p the day we started drilling to 4p 11 days later. The fun and games haven`t started yet. I remember the Puntland days, 30p+ on no news at all. I know AIM was a lot different then and money was a lot easier to make ( and lose I guess), but hopefully patience will be rewarded again 2nd time round

Red Emperor Resources NL



ALASKA OPERATIONS UPDATE:

DRILLING OF PRIMARY TARGET INTERVAL COMMENCES

The Board of Red Emperor Resources NL (ASX/AIM: RMP) ("RMP", "Red Emperor" or the "Company"), is pleased to provide an operational update with respect to the drilling of the Winx-1 exploration well ("Winx-1"), located on the Western Blocks, North Slope of Alaska.



Highlights

•??????Drilling of interval containing primary Nanushuk targets (at c. 4,500ft) commenced on 25 February 2019 (AK time): current depth approximately 2,640ft



Red Emperor is pleased to announce that 88 Energy Limited (ASX/AIM: 88E), in its capacity as consortium operator, has advised that Winx-1 had been drilled to approximately 2,500ft on 20 February 2019 (AK time), with surface casing run and cemented successfully. The State supervised inspection of the Blow Out Preventer system was also completed on 24 February 2019. Drilling has now commenced in the intermediate section of the well, where the primary Nanushuk targets will be intersected.



Logging while drilling tools on the bottom hole assembly, combined with mud gas ratios and cuttings analysis, will provide initial insight into any potential hydrocarbon bearing intervals encountered during the drilling of the intermediate section. Additional data and analysis, including from wireline logging and potentially production testing will be required to provide more definitive results.







[NB: http://www.rns-pdf.londonstockexchange.com/rns/1153R_1-2019-2-26.pdf]

Figure 1: Winx-1 base case drilling and testing schedule

(Abbreviations: MDKB - Measured Depth (below Kelly Brushing), TD - Target depth, CBL - Cement Bond Log, CSG - Casing, DST - Drill stem test and P&A - plugged and abandoned)

DM2000,

the potential pay day is the Nanushuk formation 2-3 days later, keep everything crossed.

Yes, very quiet indeed. If drilling re-commenced today, think we are looking at Thursday to intersect SeaBee.

The 3d seismic amplitudes look good at every potential oil bearing level, I stand by what I said earlier the Nanushuk play is the one, anything else is a bonus.

Our best bet is Nanushuk, sweeter oil at that level, Torok is at the muddier thicker more contaminated level of the play

The U.S. Geological Survey estimated mean undiscovered, technically recoverable resources of 8.7 billion barrels of oil and 25 trillion cubic feet of natural gas (associated and nonassociated) in conventional accumulations in the Cretaceous Nanushuk and Torok Formations in the National Petroleum Reserve in Alaska, adjacent State and Native lands, and State waters. The estimated undiscovered oil resources in the Nanushuk and Torok Formations are significantly higher than previous estimates, owing primarily to recent, larger than anticipated oil discoveries.

Good to see some graphics like that, keeps us entertained doesn't it, I suspect we aren't that far ahead though, im thinking next Monday or Tuesday, but who knows

Where should the drill bit be now, 1500 ft or so ? so next week hopefully first oil shows

Thanks to Whittington on 88e

http://midnightsunak.com/2019/02/14/resource-development-update-whats-going-on-with-willow-pikka-and-winx/

Botswana Diamonds SP moving along

So, while we are in that AIM spud lull, lets just say we hit what we are hoping to hit and Mr Bandy decides to up stick and move on, what could he potentially achieve per share if somebody showed interest and he decided to sell the company on ?

Top photo Jonny, straight from the coal face

Degsy, absolutely nothing, just filling it a bit of history while we are treading water, in fact a lot of people are under water with their averages from 2012