Member Info for wookieemonster

That’s a flight I would like to be on :) Fly a lot but don’t own my own plane, My piloting is strictly underwater. But if this share pulls it’s weight sooner than later I’ll chip in for some nice seats in the air!

Must sleep, take it easy

Saying that.. 9/10 jobs I’ve ever been on have had delays and problems , if it’s not the weather it’s the equipment..

Ok mate I get you, agree I think, my mind melted about an hour ago so will revisit clear headed in the morning!

totally agree things will take longer than many like to think but also believe, that we are currently undervalued considerably based on current knowns and haves, in my books certainly.

I didn’t invest here for Nigeria, cuda or the new discovery, invested for Atomic alone! and Atomic has a lot more to give, it’s underperforming and essentially just waiting for that to optimise and produce as i know it can. That for me presents the sp lift I invested for. Cuda, Nigeria and the new wildcard discovery all bonus aspects for me.

Think you might get surprised regarding timeframes. Hope so anyway :)

Ha, sorry, seemed to have accidentally copied and pasted myself, like some sort of wallpaper enthusiast..

Long day, knackered.

Lol Caw caw :)

I’m not 100% what your getting at, or implying. We all know we need production updates, we all know end of year will be low, we assume production rates will increase and will be updated, we are pretty sure we will get an update about CUDA and in regards to the discovery… that you suddenly seem so defensive about, well I’m in two minds, I’ve done extensive survey in the past and “proven” reserves with ultrasound seismic whatever, I’m just the pilot..

But fully expect a further update on the data sooner than later. I’m a subsea guy though and land oil not my history. But I’ve never said a single well will prove it up?? Ever?

Don’t believe drilling will be the only way to definitively prove it up, but of course the proof is always in the pudding! or am I mistaken? Only ask because worked on plenty of fields that have never been drilled.. I’ve helped position rigs on top of discoveries that have never been drilled , so I’m just wondering if when you say the reserves will only be meaningful when drilled if your saying they’ll only know the reserves are there if the drills work?

So although art has claimed this discovery, according to your thinking he’s not actually got any proof of it until drilled?

Sorry is that what your alluding to?

Lol Caw caw :)

I’m not 100% what your getting at, or implying. We all know we need production updates, we all know end of year will be low, we assume production rates will increase and will be updated, we are pretty sure we will get an update about CUDA and in regards to the discovery… that you suddenly seem so defensive about, well I’m in two minds, I’ve done extensive survey in the past and “proven” reserves with ultrasound seismic whatever, I’m just the pilot..

But fully expect a further update on the data sooner than later. I’m a subsea guy though and land oil not my history. But I’ve never said a single well will prove it up?? Ever?

Don’t believe drilling will be the only way to definitively prove it up, but of course the proof is always in the pudding! or am I mistaken? Only ask because worked on plenty of fields that have never been drilled.. I’ve helped position rigs on top of discoveries that have never been drilled , so I’m just wondering if when you say the reserves will only be meaningful when drilled if your saying they’ll only know the reserves are there if the drills work?

So although art has claimed this discovery, according to your thinking he’s not actually got any proof of it until drilled? Sorry is that what your alluding to?

Obviously exploratory wells and development wells must happen but there is plenty of data we can get before that. And we already know we have light crude.

Natz I feel the same, I think many of us feel uneasy which is why we have some preying on that feeling.. I know sometimes I talk of another placing post Decembers but it’s purely based on an assumption based on trading patterns.

It’s very hard to comprehend that we could be worth many multiple pounds ( should be at least £1.50 now ) yet we languish around 35p..

There is a reason for this. Be it forward selling placing or some other negotiations. It’s not simply trading sideways until news. There is something going on, just no one knows what. Maybe it is just trading.. but oh boy , we sure seem very undervalued to be trading around here..

Being main market perhaps it’s just a lack of up to date updates. Main market seems to heavily favour proper accounting over probables and speculation.

What we need is simply official
- production updates
- cuda update
- future outlook
- JV / Takeover

And crucially confirmation on reserves. Not sure we will get a cpr as such as a stand-alone news piece but we should get something alone those lines packaged within a yearly report hopefully.

All the best

Lots of answers to that question.

But I guess, he runs an established team, probably hired an independent at one stage, is a geologist, has more than enough expertise, equipment, contacts to make such a call.

Plus don’t forget, we have been dealing with MF and high pressures. There’s also a video / interview of him talking about it :)

Here is to a good week, less games more play!

I was trained to plan / expect the worse and hope for the best,

So I feel, as stated before it’s entirely probable and possible a placing is / has been forward sold again. But as above, I hope not. It’s a negative view given fuel by consistent selling and what feels like a hold on needed updates. But that doesn’t make it true. It’s equally possible that all the reasons that make you feel like a placing has happened again might also be a takeover happening.. speculation is easy, but that’s all it is, speculation.

So let’s just see what the week brings.

There is much needed to be explained and clarified here on multiple fronts. The apparent lack of it would indicate it’s because something pretty big is happening behind the scenes.

Hope so shaa, it’s been a long time at the gates. 9 working gays to go.

Crazy fomo.…

Wow just look at this fomo

Fear of missing oil…

Zzzzzzzzz

$22m
thinking $12-14m but feel like it won’t be a total steal.

It’s ok, whatever you might say won’t change my position and not really wanting to or feeling the need to play whatever game it is you are playing. It’s a bit boring. Bit like the sp.

Head shake, I think you are being a bit mad. I think they are all possible and in the short term.. being less than a year.

Cuda yes or no, we will find out this year.
Production increase will happen this year
& confirmed discovery or update on it will be this year.

I’m not sure what point you are even trying to argue.

We raised to bud on Cuda - possible
Art announced large discovery - possible
Production forecasted to be 5000bopd by end of last year - possible.

How are any of those impossible?

Rob, it isn’t that we are due a placing, it’s speculation that another is being churned.. very well might not be the case but without any coms from the company people do start to wonder.

Never assume anything imo.

Brel it’s a nice post n all, but let’s be honest, the rampers have called this wrong far more than the derampers..they have called it right for the last year from it not coming back above £1 and the last placing.. they would have saved ppl a fortune had they not been exiled..just saying it as it is.

But yes, it’s annoying.

Some real nonsense posted on both sides here.

Can’t be long now for some news to clear the decks.

Bilf I think you give far far to much credit to posters here. I’m sitting having a coffee and have absolutely no links to the market, traders or mms. Very very not orchestrated. The chat, comes from what the market is doing.. we are not controlling the market!!! If I was we would be above £3 by now!!!!

This is a forum not a splinter cell.