Member Info for wallact

A realistic possibility could be circa billion shares in issue @ 0.9p by end of year. I really am confident H-1 will go into production (as said); However listening to other board colleagues, will that be enough?

R1 Tend to agree with you. Realistic H-1 circa 40bopd, short to medium term finance issues! Looks expensive @3p IMHO

Kill fill! Lets see how the day pans out should be interesting. No point in selling for long to medium term investors. IMO

Shame but not a total surprise. Will pick some up in the dip (if low enough); Think H-1 will go to production in a modest way IMHO. And lets hope it can pay the MATD wage bill plus some more. All to play for.

So was the circa 20% rise last week due to operational or market speculation? It could be news this week maybe.

For what its worth I think Heron-1 will go into production; If I remember correctly CEO once said anything above 38 was commercially viable! So all to play for. Not saying the production will be that low BTW. GLA

I find it interesting that Eco as partner remains independent for the CPR update; I know one could say its industry standard and the partners would share such information anyway. Guess my point is Total SA probably have the clearer picture with their kit hence have a advantage over outside suitors.

So will the sale/deal go through before the next drilling campaign? My guess it will remain a "in house" deal IMHO but could be wrong.

Thats why I am still in this it could take off anytime. And as said before the lack of colour on the QP deal adds further spice.

Am looking at taking the next modest profit slice at 300p; but I have got 500-1000p in mind for Guyana inc sale. Have a good day.

Something has changed? Or lodged?
Could do with some luck for once. GLA

Significant discount now. Are we in the waiting room. What a game.

Interesting; Thats the order of news CEO predicted.

Another DD then.

More political news. (Dom Gaskin)

https://www.kaieteurnewsonline.com/2019/10/09/exxonmobil-other-oil-companies-will-heavily-influence-election-result-gaskin/

Not sure if this stuff is influencing the SP.
Interesting times.

Think regulation will catch up with the shale boys in the next decade. Especially in the P- basin.

Morning extrader,

My view is a solid demand for Oil&Gas in decades to come, edging toward natural gas in the later.

Taking the North sea/baku and Prudhoe Bay for examples we see the business model move from Super major to low cost operator to de-commissioning; And one can note the de-commissioning is in its relative infancy.
I have noted some aggressive production on new wells resulting in damage and reduced life; However this is mainly due to financial demands on small companies.

Guyana seems to me to be a "Jewel" and with the Players (so far) looks like a very good long term play; With maybe a micro-political risk.

ATB

Yes Dimvestor in full agreement; Just not sure if surface / down hole work can take place in winter? Probably not?

https://www.kaieteurnewsonline.com/2019/10/08/guyanas-oil-could-be-finished-in-less-than-40-years-tt-geologist/

Well below D/D and placing price; And all to play for; The cyclic nature of Eco continues but the prize remains the same!!

I69; Yes my point was they wouldn't bother with the testing unless it had a fair COS to commercial.
On another note; If the funds for testing possibly Two wells to bring to production mean no other expo drilling this year, I guess we would all take that.

With the current Madtd fundamentals I wouldn't think they would be prepared to incure costs from testing H-1 unless the chance of commercial quantity could be realised. IMHO

Morning; Thought might add this morning. Feels good. Think maybe start of news season. IMO

Time to sit on hands! IMO

So the UT targets in Orinduik are smelling nice these days; Joe/Malone! All to plan.