Arrow Exploration Share Discussion Threads

[pjackson2] 11/4/2024 14:11

That link doesn’t work for me.
Can anyone enlighten me on what was said or implied. Thanks.

[chessman2] 11/4/2024 13:47

I find it difficult to accept that Malcy would stick his neck out like that without good info so I'm expecting the share price to rise steadily in the expectation of a new holder and perhaps future owner coming aboard.

[eaglehaslanded] 11/4/2024 13:15

If there is any truth to it I hope Parex is the buyer.

[pastybap] 11/4/2024 11:30

Strange tweet. Wonder if he has been fed certain information by management.

[otemple3] 11/4/2024 11:03

https://twitter.com/mgrahamwood/status/1778361666628944213?t=y3Ugt48jBbtQwtFsH5zi5Q&s=19

[dunns_river_falls] 11/4/2024 09:44

50k seller has put a dampener on the price rise. Hopefully done soon. Margin must be superb at POO $90. Lets get that production back online and the horizontal drill going! Next 6 months could be company defining.

[pastybap] 10/4/2024 20:39

Fair enough. I guess at the time my gut also told me a temporary drop was imminent as short termists focussed on production and ignored reserves. Timing markets has never been one of my strengths though! Ps. I also wasnt too keen on the inconsistency between MAs presentations and the RNS.

[eaglehaslanded] 10/4/2024 19:30

Brent up a dollar to above $90

[eaglehaslanded] 10/4/2024 19:25

RRYes we might only get to 6000 boed, with that in mind I asked Joe about polymer flood. It enhances recovery and counters decline. If anyone here is familiar with it please comment. Hemisphere energy uses it to great advantage and results:Thanks Joe Regarding polymer flood, can this be used in Axl wells? Is this being considered?

[rockyride] 10/4/2024 19:10

It was clearly going to drop so I sold some and am just buying back cheaper. I did not like the headline production drop due to the water issues but now I understand it all better I am a bit more relaxed. Having said that, I still don't like one story to the cameras and another story in RNS. But now I've raised it, I'm assured by Henry that we will see far more balanced camera performances moving forward and our CEO sticking to the real set of numbers.

[pastybap] 10/4/2024 18:09

What in your opinion has changed, since you sold half last week?

[fireplace22] 10/4/2024 16:03

Disillusioned TXP sellers diving in here for a few maybe?

[rockyride] 10/4/2024 15:48

Big shout out to Halifax dealing room. 2 x full ISA allowances Bed & ISA and only cost 328 shares for both of them including spreads and fees. FAULTLESS. Spud of HZ1 soon and on production not too far off. Been buying back and Canada looking perky!

[royalalbert] 10/4/2024 13:33

Everyone waiting for May and the HZ wells.

[rockyride] 09/4/2024 19:34

Strange why a few trades yesterday along with a few trades late last week and 2 trades today of 95,283 and 95,119 not showing yet.

[here and there] 09/4/2024 17:00

Nope, happily watching them make money, waiting for the next RNS. Two old /less productive wells being converted to water injector/disposal wells, production held back to be re-instated, latest drilling results, some guidlines on operations etc. Nothing much to talk about until then.

[eaglehaslanded] 09/4/2024 16:23

Has everyone sold? Not much happening here lately. Anyone have questions for Joe? I'd be happy to ask him.

[drago] 08/4/2024 20:11

Pity there wasn't Bitcoin in the water

[mrscruff] 06/4/2024 23:08

Not that many oil companies do this, but there is often nickel in these waters than can be harvested and sold.

[the_gold_mine] 06/4/2024 17:09

I can't see the water handling facilities costing much money, the pumped medium is fresh water with some trace crude, from memory the crude is without H2S ("sweet"). Based on my experience in industry that points to carbon steel being the likely material choice for pipework/pumps/valves etc. And carbon steel is cheap as it gets in terms of materials selection.

Its a different story offshore where you are dealing with salty water and you have to start looking at super duplex which is where the cost goes up.

Additionally the size of the pumps is very small, as an example the RCE facilities can handle 10,000 barrels of fluid per day (if memory serves me correctly) which translates to about 67 m3/hr. Again for offshore pumps you are looking at pump sizes of > 1,000m3/hr which are big units, if I was to estimate about a 67m3/hr pump I would estimate each pump fitted into a footprint of <2m by 1m and cost less than £50k, although this could vary up or down depending on specification used and mechanical seal type.

From my estimate of the pump cost (which would be the "big expense" items) you can work out that piping and valves and so on would be much less.

I'm not sure how these small onshore wells work but it wouldn't surprise me if the pumps was on long term rental anyway, but I'd be surprised if the cost of upgrading the produced water systems was worth getting excited about, it would be as much the disruption to operations to get the stuff installed that would cause the annoyance as the expense of buying and installing the parts.

AIMHO/DYOR

[lexion] 05/4/2024 12:32

Also added more - can we please get an HZ spud RNS next week - the game changers are now v close ?

[eaglehaslanded] 05/4/2024 12:19

It seems it has bottomed out, up today in London

[taurusthebear] 05/4/2024 11:26

Don't wees come in threes?

[here and there] 05/4/2024 08:27

Added a few this morning, looks like the bed wetting is over.