Member Info for wallact

in case anyone missed it here is a link from the Eco RNS.
https://www.ecooilandgas.com/projects/guyana/

Mentions of the many TCF of gas for partners that fully develop the block.

Bought in yesterday.

incase anyone missed it.

https://www.ecooilandgas.com/projects/guyana/

Also mentions many TCF of Gas for the future owners.

Stuck my toe in the water with TLW this morning. Looking positive. IMO

It was good of Repsol to release initial oil quality with the results. I guess that was some of the reason for the time on station.

Looking fwd to the op plan.

Bought in this morning, could only manage low 59s. But happy to be invested.

IJWT

In my very humble opinion the heavy oil issue with Jethro is No issue!
Exxon chose not to appraise the market in regard to Hammerhead until March and Eco followed, it was only the (lemon's) at TLW that broke ranks. Just business IMO but I guess you can say they have paid for it, albeit massive potential there now (TLW) .

And back to the point yes its fairly basic refining or blending maybe near source. Will all become clear in the early new year.

For the Gas and again IMO this will be the "darling" fossil fuel till 2050.

This in the papers.

https://www.kaieteurnewsonline.com/2019/12/30/exxonmobil-keeps-guyana-in-dark-over-massive-gas-finds/

Interesting for long term for Guyana. IMO Namibia too.

Ps noted the the new power plant in Guyana will run on fuel oil (diesel) maybe not in the future?

there was a PON-1 type noncompliance for Repsol reported recently. Mud spill on Carapa.

reviewing some old research and came across this.

https://mar-petroleumexplorationconsultant.com/20-guiana-suriname-basin-linkedin-posts-october-2019/

I guess its getting closer to the results of Carapa-1 play; If they are significant upper/lower cretaceous finds of light Oil then IMO this should be good for us.

My hope in the new year operational plan is a nice juicy Cretaceous drill along with a Jethro development/appraisal.

Lets hope the first Three hey.

this.
https://www.kaieteurnewsonline.com/2019/12/11/guyana-agrees-to-give-exxon-final-say-in-selling-price-as-stabroek-block-crude-gets-monthly-re-evaluation/

Interesting generally and Tullow mentioned.
If Carapa tests are positive this will be significant to our sp IMO.
When I invested in the early days it was all about Cretaceous.

action by Tullow; Needed to happen some day. Agree with bod on their move.

this.
https://www.kaieteurnewsonline.com/2019/12/03/exxonmobil-targets-us10b-from-stabroek-block-by-2025/

Generally positive for us IMO. Mentions the "S" word.

ps and the "H" word.

I enjoyed the run from the 17p days; For me this is a second chance to enjoy the ride and potential profit. IMO up from here.

Reality for me is; Why they will not give the details of the Oil quality? IMHO I would think reasonable analysis is available!

So as said before and to be somewhat of a pragmatist, I am putting my hopes to a future drilling 2020.

Maybe Carapa might have an impact?

Rightly a conservative RNS. We are talking about the first Two targets! Think there are some more available. Sure it is possible not to drill in 2020 but that the bet you take.

Sorry must have mixed it up. Thought it may have been deleted.

You know Gangster. haha

I called it that "tong-in -cheek". It has been removed I understand. A>>>F post 5972

I would guess Gill would take any opportunity to update on positive news to restore some shareholder value. The Supa-post yesterday (since removed) seemed to have significant info that could have been seen as potential RNS type-news.
Anyway as Gill says its only the beginning.