Member Info for VerbierDave

Sujood - For what its worth I think you are about right, once all the testing equipment is in place due to the fact that they already started testing before it was suspended I think this should be fairly quick with initial flow indications after a couple of weeks. My guess is we will start seeing equipment arriving in the second half of November. Just a guess of course.

Being realistic if we make 5.5p today I will be a very happy chap

821 Bopd without stimulations

Duster - read - The testing operations on Heron-1 are expected to be completed during October.

It's now the 23rd of Oct so I think that constitutes the end of the month as we certainly aren't at the beginning are we?? stop being a kn**b

The DQE Testing Rig #1 has been mobilised from Block XIX to the Heron-1 location and rigged up, and testing operations have now commenced. If required, reservoir stimulation equipment is in Block XIX and is readily available. The testing operations on Heron-1 are expected to be completed during October.

Duster read the RNS's and you will see.

What we don't want is it rushed an have the effect that NEN had where they released early results of 100 bopd and trashed the SP for then a week later after clean up to release news that the final results were almost 300% more than the initial result, I'd rather wait for the final result for full effect on good news.

We were told in the RNS that results would hopefully be out by the end of the month so that still gives minimum of a week.

Into the end of the week as I think the EWT results will come Monday morning, it wouldn't surprise me if we finish the week above 3p

into the weekend before the RBD meeting next week as there could be news that starts to flow from WN shortly after and then Wressel meeting on the 5th. Fingers crossed I'm correct.

Tymers - You're a classic buffoon calling someone out as a village idiot yet you don't even proofread your own posts.

"I'm not debating with the village idiot as such bit you well bit I'll be waiting in the wings for the inevitable dip next week. Glh"

Rules:
Guess should not exceed a range of 100boed gap max to keep it tight and fair (so please amend your guess)
Flow rate applies to Heron only

VerbierDave 275 - 375
List 210-230
Top0 150-200
HotShot69 175-225
TrekMadone 220-320
Duster hater 800-1000
Mike31 300-400
Donkee 200-250
Proselenes 100-200
SuperRoty 200
Alexios 150bopd without stimulation
"If required, reservoir stimulation equipment is in Block XIX and is readily available"-not sure they will make it on time this year before winter season kicks in.

Please help to update guys

The bounce has already started 3.10 v 3.25 - as I mentioned earlier I expect this to finish the day around 3.4 now the risk of Gazelle is gone people will be buying in cheap for the near time result of Heron.

My guess would be that we will loose about 25% today but I also think that MB isn't stupid and will wait until the dust has settled (mind the pun) then Heron news will come out early next week, you may even find that there is big buying from people that were sat on the sidelines not wanting the risk of the Gazelle drill results at the same time as the EWT results.

It makes me wonder if they have been waiting to release any news on Heron knowing already the news on Gazelle wasn't great so they have a chance that the SP isn't completely devastated. It's not the result I wanted today but holding for the EWT results.

I'm sorry to bring this up but how old are you Duster? You write like a 12 year old with your lol's and ha ha ha all the time.

People should know that there are several stages to EWT and it would all depend on many different aspects as to how long it will take, I haven't been following the information released that closely of late but it would depend on if they had already run and cemented production tube then obviously the need to shoot the different sections and test them, then it depends on how long they want to test for to get a steady flow or if they are going to put on a choke and test at different chokes or if they are going to use different stimulation methods then clean up / swabbing etc etc etc each well is different so you just don't know how long it's going to take .

My only question is now is will I get chance to top up on Thursday before we get the results from the flow test......

Not by a long shot, their acreage is huge with many potential targets such a velociraptor.

I think the end of next week when you think they would have to do the following and we know they only started the cement works Monday:

- cement the production casing then wait 24-48hrs
- wireline check the integrity on the production casing cement
- Perforate the casing (possibly in 4 locations)
- Acid wash potentially a couple of times
- clean up

And then I personally would prefer minimum of 5 days flow to get an initial flow rate. So for me I think probably middle of next week as they would want to do this very carefully and make sure it's a success. Just my opinion but I do think we will get new 12 month highs today as people get in before the weekend with FOMO kicks in.

I have a feeling that if we don't get an RNS with flow rates by Friday morning then Friday could be a very strong finish to the week due to FOMO.