Member Info for Zebediah16

Imaging processing software possibly

well there are two storylines here aren't there. Play it down, or take it to its logical conclusion.
The Saudis want to play it down, but without the satellite photos, most would have believed it was a some random tribe lobbing missiles

4 missiles 4 targets! Even the US cant do that - one missile always goes out of control. Maybe the Iranians have very good quality control

whoever punched holes in those tanks is very clever. the symmetry and accuracy is very impressive

Last December Iran threatened that if they weren't allowed to export oil nobody else will. At that time it was dismissed as bluster. Something has changed, maybe sanctions are hitting them hard and its back is against the wall. Maybe Bolton left, the last of teh US hardliners gone, so Trump ends up not knowing what to do. so whats next - a tanker ??

Saudi Arabia has to respond otherwise its going to look helpless

https://www.cnbc.com/2018/12/04/iranian-president-hassan-rouhani-threatens-to-close-strait-of-hormuz.html

See RNS 19 March 2019. The company has an established business relationship with this bank, so they have done a previous appraisal of its credit worthiness . The loan disbursal will be in stages, but there should be no hitch along the way. What the loan is secured on is not said but there must be some collateral. But PIs always know they are the last in the queue ...


"The Company is pleased to announce that it has now reached an agreement with Kazakh bank, JSC “Bank CenterCredit” (BCC), and as a first step has entered into an unsecured loan agreement for a sum of KZT 350m (approximately USD 950,000) to Altyn’s subsidiary company “Altyn MM LLP” that owns and operates the processing plant at the Sekisovskoye gold deposit.
The Company is in advanced talks with BCC for the provision of a larger amount of funding. Shareholders will be updated as negotiations progress. "

So whats expected on C37 ?
Middle Eocene: 500-700 bopd
UC : still under investigation, unable to conjecture

C30
Middle Eocene: Should be better results that C37 according to AC
UC: Also unknown

If ZEN achieves 600 bopd, thats doubling daily production. Should be an achievable target by eoy at the minimum - thats 150 bopd from each of these two wells, which we all think is a worst case scenario ;-)

Poo....

https://www.wsj.com/articles/drone-strikes-spark-fires-at-saudi-oil-facilities-11568443375?mod=e2tw

Saudi Arabia Shuts Down About Half Its Oil Output After Drone Strikes
Shutdown amounts to a loss of some five million barrels a day, roughly 5% of the world’s daily production of crude

the funding is very good. No bank loans at 6% with that amount unless the business plan is very good. If you read the funding RNS's they believe they deserve non dilutive funding

there is a hierarchy of funding after all , all in proportion to risk : placing , convertiblle loans etc..., then business loans at 8% then lower ....

"we could still be contract drillers for someone else? "

you mean C37, C30 was all a practice run :-)

afrim: yeah reso was and is Gollum

pump and dump need to refine their technique and search for semantic meaning in posts , not just keyword count. Not really possible to automate

Free speech can only go so far. gkb47 asked a question and received a reasonable reply, and should have recognised it as such. Transport of hazardous substances etc is controlled by established protocols. The electrolyte will receive an appropriate classification and procedures as to its handling. Please read the relevant HSE guidance. Its secondary problem and relatively minor at that.

"The Carriage of Dangerous Goods and Use of Transportable Pressure Equipment Regulations 2009 (CDG Regs) and the European agreement (“Accord européen relatif au transport international des marchandises dangereuses par route”, known as ADR) which together regulate the carriage of dangerous goods by road are highly prescriptive. "

https://www.hse.gov.uk/cdg/manual/classification.htm

What does this have to do with white men unable to recognise the threat of 9/11, I dont know. As Clint Eastwood once said " A man has got to know his limitations". With apologies to the gendered use of "man", he was of his time after all

reso is No 9 !!

"It is rather interesting that there has been no negative media stories in the Slovenian press since JB took control. I wonder if some deal is being struck with Government along the lines of a 'no stimulation' policy."

Yes JB has read the "Art of the Deal", and he is American after all , natural born dealmakers. Colin was too stiff and irritated the Slovenians . Its as easy as that. Actually there is some mileage there, but I dont how much

Before ramping, its important to get the country right :-)

But I wouldn't want to out of this over the weekend

sankeys : cant see them doing another workover well this year, other than these two. Drilling ZEN 01 should take around 6 months , maybe more according to the ZEN pace. :). If ZEN01 starts in January then its June for results

Only other source of news should be the truck workover rig taking over, hopefully at a much faster pace But it doesnt have a top drive .....

AGEOS thanks
Ezhik, its just the storage and processing facilities are 10-15 kms away. I was look for a buffer tank ./ overflow tank next to C37 . Do you mean to say the output from the well is fed directly into the pipeline ? Is it at a fairly constant pressure

yup lets be realistic - there are no holding tanks or visible pipework around C37 . Its about 10 km from their storage tanks so it will have to be removed by tanker truck

This is from the annual report published in July 2019, but the year ends March 31

"The Company plans to start its drilling programme by deepening two existing wells in the Jafarli Field and drilling one new well in the Muradkhanli Filed by the close of 2019. "

I guess they are months behind this target. Its good thing that the big rig is only doing two workovers (C37,C30) becasue its taking as much time (or even more) to setup as drill.

According this plan, it should move to drilling ZEN01 after C30. OF course its 3-4 months behind schedule with the top drive afterthought , but thats all in the past now

So hopefully the uprated A100 will complete the rest of the C workovers . I think there are 5-6 left

thats not how it works . You have to pay to have a top of the page ad banner like that. LSE has to have its sources of revenue - running share chats alone wont do

having said that its certainly more targeted than advertising on Google ads :lol: