Member Info for wiltshireman

Thanks TAC but horizontal wells come expensive and are not necessarily straighforward. Often turn into a cashburn situation. My understanding is that this have been a complete change of tack from vertical to horizontal and whilst well proven this does mean a whole new ball game from the original intention. I would support getting in deeper if we up our share. Reabold aren't too flush with cash and don't really know anything much about the operator Rathlin. Once completed the well has to be proven up and if good then a major would be interested ini today's climate but its still a long way to go. If its all as good as they say it is. Thw link with offshore Hewett gas field (produced for many years) is pretty reasonable but personally I feel this change of plan requires more finance than is comfortable from the point of view of Reabold, Victory or no Victory and those negotiations will take time and now the pressure is on to get on with WN. Interestingi times ahead but by no means , as always in expro, a forgone conclusion. We have to hope that Wressle continues to be the cash generator it is proving to be now.

TAC - does this mean a placing for Reabold? Or a loan by us from our rapidly increasing Wressle cash pile in exchange for a bigger share? With interest rates slated to increase further perhaps a similar deal to that done with Europa. Either way its gonna be a long and expensive operation and money has to come from somewhere.

Give up TAC just accept these clowns are what they are. It's their abusive dialogue that gets to me. Rarely if ever a good word to say about anybody or anything. Why? I don't know and neither do they. I think they must be a bit funny in the head but in this day and age they are allowed to continue their nonsensical
rants in the name of free speech. I only come in here to see sensible discussions and opinions but all we get is foul diatribes against the company, other BB commenters and board members. Why? Have they such empty lives that they have to fill them with bile and unpleasantness on here? Short answer is YES

Mrs your knowledge of these operations is obviously breathtaking. Horizontal drilling has gone in for many many years, less here than in the US tell me where you get your skill sets to enable you to make such a crass statement?

Smyth - haven't you noticed supply chain delays. Spivvy behaviour, chuckle brothers? Maybe Smyth is a spivvy trader! This board is as bad as UJO please go and play silly games elsewhere.

Aimcasino thanks for you comments. Can't be arsked to post similar because there are so many vociferous tirols on here who seem to enjoy destroying reputations. I wish they would just go and pleasure themselves elsewhere, preferably Russia

NoOK - Good for you at least you have sold out and done what you believe is the right decision. Wish more would so I can buy even more .

You could say that about ANY small AIM expro outfit but the location is critical. I should think it was said of Wressle many times by our host of keyboard experts but they it got there in the end . It would have been said of Algy Cluff at the outset of North Sea oil developments if there had been BBs to allow such key keyboard experts to spout any bile and poison they wished at that time. For those younger on this board if you haven't heard of this guy who kicked off the North Sea look him up.

Pers how on earth could you possibly compare offshore falklands with onshore Teeside the fundamental problem of exporting gas and oil to a hostile nation offshore in a hostile weather environment thousands of miles away from markets? It was a non-starter from the start. WN isn't and won't be. The problems will be solved given time mark my words Oil and Gas Expro is never easy never has been never will be and it can all change at any time.

Are running loose again - what a change when they lose a few quid

with any luck those who denigrated DB and his management team got out and are desperately trying to get back in. Oh ye of little faith. Hopefully I can now look forward to following this board without having to read all the petty arguing and bad mouthing that went on in the past, but then oilies are a bit renowned. . So that is until the SP slides back again we should be free of the sort of pernicious abuse on this board for the time being and read all the 'multi-bagger' type hype that will no doubt be the coming theme. .

Tell me pers where on earth do you find these independent technical experts at W Newton you must really have fantastic sources to draw such conclusions. Especially when such an old hand as DB may have been well and truly taken in. Stuff and nonsense especially when 'facts' are not facts till the well produces as often our illustrious leader DB is very fond of telling us and anyone who says they know different is telling porkies. You don 't know I don't know, nobody on here knows least of all you so why come up with such speculative statements?

Likewise Henry out of Atyrau in the development days of Kashagan. Refreshing to hear. I always think back to the development of Wytch Farm which is still in production after all these years. In the middle of environmentally sensitive area, some of the most expensive real estate worldwide, and under the millionaires playground of Poole harbour yet in over 50 years of production, till now the largest onshore field, has never caused a problem. Like you I am comfortable with everything seen and read in UJOs early development and see no good reason why it shouldn't continue that way to the mid-tier aspirations of DB. Patience is all that is needed now that cashflow is no longer the primary concern that so bedevils all Expro minnows. Those days will very soon be long gone.

EOG Yeah but bet you'll put it somewhere else where you'll lose it. Done it myself many times

But unpleasantness is so easy behind a keyboard I believe such people are called trolls. Most wouldn't say booh to a goose let alone converse with anyone in the real world outside where people live and work

Bile and vitriol is mainly when the ujo share drops - all is sweetness and I told you so when sp rises

Bit sweeping idiots is only relative - if people want to gamble their money we can hardly class them as idiots especially if they take a good profit out of their 'idiocies'

Agree with comments Darien alot to learn for some on AIM sweetness and light on here last week the blame game now on here for the rest of this week

MMS are always the good whipping boys on AIM. Yet another myth

Rubbish comments about this report miracles take longer than a couple of reports. Travelling is always better than arriving for some but we are still travelling and haven't scratched the ujo sp potential