|Tue 08:14||tradesense||FlawlessKicks 7,068 postsTpauPeople can say what they want about me but at least I have had the initiative to contact Clive and ask him about the pressure and this is the reply I have got back. I don't really care if people buy on this news or not. I have and I know for a fact that pressure will be good and so flow rates should also be good here. It is so funny that people are so quick to... read more...|
|Tue 10:38||rayrac||How the heck did MXP, or Max, rack up debts of $83m and only have contingent resources of 9.5m blls of oil?
The mind boggles, but just look at who owns 51% of the capital!
They've probably and possibly, been/being, screwed.
I wouldn't equate one with the other. Get total oil column ratified and the volume confirmed. That should do the deed for RXP! read more...|
|Tue 08:21||tpau||I can understand people being wary of rampers etc. and yes blogs are also suspect regarding motive. As I say I try to get peoples views who know more about the oil industry than me. I tend to listen to those guys like Hidden Depths and Stotters on LSE. Onceabroker on LGO knows his stuff. Most say this IS a punt however the risk has gone lower and lower since the core sampling which has proved... read more...|
|27 Oct 2014||ngms27||Noooooooo that's not what he's saying at all.
They need to clean up first which is being done in small stints as they have to burn the oil. They will do a proper test once clean up is completed read more...|
|26 Oct 2014||tpau||Email to Flawless on LSE from Clive Carver
Thank you for your email.
The pressures in the well is high. As a result when preparing the well for testing oil flowed to surface without stimulation.
The oil was of good quality but until the clean up work on the well is complete we do not want prolonged periods when the oil flows, not least because we are required to... read more...|