Columbus Energy Resources Share Discussion Threads

[arrynillson] 03/5/2018 11:33

HPotter - quite so and also an absolutely brilliant finesse of ignorant 12bn - now he has to try a bit of research to respond or is seen as board buffoon!

[holly day] 03/5/2018 10:42

Well Rossannan, as they say, every little helps! IMO, everything done to date has been value accretive. But agree that a bigger deal will be the main catalyst.... transformational!

[holly day] 03/5/2018 10:11

'keep it privileged' is exactly how one should handle this. But equally, based on internal confidence in the technology/methodology, you'd want to get the 'smaller' deals wrapped up before the cat is let out of the bag! I do believe the smaller deals can be had at bargain prices from companies that don't see them as their core business....the 'potential' deal rns is exactly that.

[hpotter] 03/5/2018 09:30

In the recent LK presentation he said the cost of drilling a deep SWP well would be £2-4 million.

[arrynillson] 03/5/2018 09:17

12bn - doing the time-warp dance again with information he regurgitates every time drilling SWP is mentioned - I've mentioned that we have a new team on the job and they have analysed the material, including the ARKeX and they have decided to approach drilling in a different way, as explained in media and rns, which 12bn doesn't bother watching/ reading.

It's quite a dilemma - to be guided by the Mr #nocredibility - of this board, 12bn, or the experienced team of LK!

[ccr1958] 03/5/2018 09:10

This moves on very low volume nowadays!

[12bn] 03/5/2018 08:56

h van der h3 May '18 - 08:36 - 4395 of 4395
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one drill on swp could be the catalyst.... pure speculation i know but what is and isn't on offer to the company we have no way of knowing. Farm-in's or Farm-out's or what ever deal Tony Hawk-ins can conjure up... he wants that special method kept under wraps for some future gain, and not just in current fields,//////// I see that the uninformed newbies are showing their ignorance again. One drill on SWP will not show much as it will be a shallow drill,as a deep drill to the Herrera sandstone at 12000 ft is unaffordable. There will not be a deep drill until 2019 at the earliest and that will only happen if cerp get a partner with deep pockets. There is a source reservoir imo in the Cedros Peninsular,the 800 lb gorilla as David Lenigas called it BUT to drill that deep could cost $15m-$20m. It has only been tried once,back in the 80s I think and that attempt was abandoned when the drill broke.

[h van der h] 03/5/2018 08:36

one drill on swp could be the catalyst.... pure speculation i know but what is and isn't on offer to the company we have no way of knowing. Farm-in's or Farm-out's or what ever deal Tony Hawk-ins can conjure up... he wants that special method kept under wraps for some future gain, and not just in current fields,

[garnhiem80] 02/5/2018 23:44

The whole process is a learning curve that can be Carried over to the potential South American target(s). The oil basins are similar.. I believe!

[h van der h] 02/5/2018 22:23

Plenty of room for expansion if worthwhile fields come available so long as no big conditional drilling is attached to the license, compared to the 11 licences and 9 of neighbouring companies in t&t we still have room for more, it’s a sure way of increasing production and spinning that money wheel faster to create the funds for new drilling if he is intent on not farming out swp..

[h van der h] 02/5/2018 19:45

the question about the well stimulation process was possibly an indication “I wanna keep it slightly privileged to what we do, we want to grow in the country and we believe we can use that technology on other fields” he then went on to briefly describe process without giving too much away, and talked as if they in part are using bonnase and possibly Icacos to further prove the method is a success... is the intention to take on more fields that require re-activation within T&T ???

[h van der h] 02/5/2018 19:30

“Water in now is means oil out in 6 months time...for clever investor he asks the question how much water have you injected because then he knows in 6 months time how much oil is going to come out” followed by knowing grin😏 the increased 1000 bopd is IMO for the other pilots targeting myaro level which he indicated is easier to inject water, presumably needing less injection pressure..or just more permeable

[arrynillson] 02/5/2018 17:38

12bn - after years of trolling and sneering at investors on this board he tells us he is really very sensitive and finds the personal touch somewhat overwhelming - aaaaaaaaaahhhhhhhh!!!!

[12bn] 02/5/2018 17:03

Not really Northpole2,I prefer not to read his posts as the silly child tends to get personal. He is best filtered,imo. :)

[arrynillson] 02/5/2018 16:28

Northpole2 - many thanks!

[sadworm] 02/5/2018 16:23

I can't quite believe what LK said about what you put in is what you get out, with reference to the w/f. If that is right we are talking about an extra 1000 b/d in 6 months time and I believe that was in addition to the existing water being pumped in. Surely it cant be that easy - there must be leakages. Any petroleum engineers here?

But if he is right then things are looking up. Tiny top up yesterday, 30k shares but my breakeven is still too high (17p!!).

[northpole2] 02/5/2018 16:09

He's not talking to thin air, unless you are the thin air 12bn. Mmmm... quite an apt description of you come to think of it. I can see his posts which are quite illuminating. Shame you can't.

[arrynillson] 02/5/2018 15:34

12bn - although my posts are ostensibly directed at you I'm aware that you claim not to read them but this may not be apparent to casual observers who may believe you just can't come up with a suitable response!

It hardly takes any time to respond to your tosh as your material is so poorly researched my coach and horses have no difficulty choosing from the multiple pathways you present!

BTW I don't believe it when you say you don't peek - you've been caught out in the past SOooooooo often!

No need to keep posting that you have me filtered - even if it's true you don't peek why would someone become a troll and not read the responses?

Keep it up 12bn I find your trolling useful for slipping in my own agenda!

[12bn] 02/5/2018 15:05

arrynillson2 May '18 - 14:20 - 946 of 946 (Filtered) ///// arry,I never respond to you for a reason,I don't read your posts,I have you filtered. You will keep posting on my threads and I presume that your posts are replies to mine (though they may not be,I wouldn't know) but I suggest that you are wasting your time. Do have a nice time talking to thin air. :)

[arrynillson] 02/5/2018 14:20

12bn - you like to cut-n-paste from edge in - I'm surprised you haven't selected his last one on KOD where he speculated your withdrawal of support 12bn would probably trigger something close to a threefold rise in SP!

[12bn] 02/5/2018 13:40

Wow,cerp have buyers and sellers,what quality info on jcgswims rampers only thread!////ccr19582 May '18 - 11:00 - 4385 of 4386
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Morning chaps, few buyers coming in !
ccr19582 May '18 - 11:16 - 4386 of 4386
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In the measure of fairness , a few sellers 🙃