88 Energy Share Discussion Threads

[investor_2] 03/7/2018 10:29

Or maybe its to match ASX?

[warranty] 03/7/2018 09:46

I think the slight rise in price is just an attempt by MMS to get shares off the books prior to another, possibly final, heavy fall. Good luck to anyone still buying but accept the odds are stacked against and you'll probably lose everything, just like Tangier, when it also promised so much.

[francis55] 03/7/2018 07:47

And a 20% spread on the share price The MMs want out too.

[francis55] 03/7/2018 07:46

Do yourself a favour and go elsewhere. This is the AIM market where companies can get away with murder. More ramping and failure to follow.

[ken chung] 03/7/2018 07:12

Anyone care to pay 1p for shares that are worth less than 0.25p. It's just a lifestyle company now. Look out for the next rinse and repeat share issue followed by drilling failure.

[ken chung] 03/7/2018 06:50

0.5p target price this week.Worthless water.

[hpcg] 02/7/2018 22:34

Ride Dalce - Yep, and it's nonsense. Fracturing of vertical wells has been going on for 80 odd years and it, directional drilling, horizontal drilling and fracturing of laterals are not an exploration tool they are a production enhancement tool. Hydrocarbons will just about always flow even from a tight reservoir, they just won't flow economically. Indeed if they don't flow then a frac will also be useless, except maybe for an extremely cemented reservoir that needs an acid wash to flow.

The mention of microseismic was yet more misdirection to seduce the innocent. It still little used across the industry and pretty experimental. It can be used to build a detailed fault map as slippages are the source of the signals recorded, but fractures, not really. It has mainly been used in anger on fields with permanent monitoring arrays, but there are attempts to promote the equivalent of nodes into onshore situations. The relevant states in the lower 50 managed to develop their shale without using it at all.

[ride daice] 02/7/2018 20:27

hpcg,

Not sure what your reading skills are like but it's in the RNS...

"It is considered likely that the fractures created have not maximised contact with the reservoir and that a multi-stage stimulation in a horizontal well is required to achieve the reservoir connectivity necessary to deliver higher flow rates."

You can always go away and study this stuff if you like ?

[hpcg] 02/7/2018 20:14

so ... how is drilling a hole into it not full communication with the reservoir? The volume of fluids pumped down necessarily means a large excursion into the pay zones. Nothing came out, that is a fatal blow to all but the deluded.

[ride daice] 02/7/2018 19:41

wolansm,

Of that I have no doubt. The shorters are selling this as a fatal blow when it is merely a stumble along the journey. A worse outcome would have been full communication with the reservoir and a low flow rate or a high GOR. That would have most likely signalled game over pending a technological breakthrough or demand for gas.

A setback...But we'll go again :-)

[ken chung] 02/7/2018 17:43

Could fall below 0.5p tomorrow.

[wolansm] 02/7/2018 16:30

Mr Dalce they will come back to icewine2......

[gann72] 02/7/2018 16:02

Didn't fall as far as I thought..... just another buying opportunity

[ride daice] 02/7/2018 15:11

I think you'll find that a barrel of Evian would cost you more than a barrel of Brent. But let's not let facts get in the way of a good deramp.

[kobanaman] 02/7/2018 14:42

As valuable as evian bottled water

[theaviator] 02/7/2018 10:58

Hi Stonefold, Hope you are well. What are your views longer term re December spud?

[dianecarberry] 02/7/2018 10:52

"Billion barrel oil prize"


Can someone change the thread title to "billion barrel water prize" please.

[squire007] 02/7/2018 10:46

Time to buy if you ask me ... ;-)

[spooks4] 02/7/2018 10:31

APf

demonstrates his ignorance with unproven comments because he has no proof. M

Money in the bank, more to come from 3 farm outs and some agreement to clear the debt etc

[rossowheels] 02/7/2018 10:29

Trolls are out in force today!

[xow98] 02/7/2018 10:27

By whom Diane?

[dianecarberry] 02/7/2018 10:08

BUST soon I am told.

[regandharry5] 02/7/2018 09:48

Last one out, turn out the lights.

[jammytass] 02/7/2018 09:34

You got laugh at the globe mugs
They traveled far and wide for there £1 club meetings

Sub 1p