Falkland O&G Share Discussion Threads

[belisce6] 22/6/2014 18:09

am into fogl, so will read their work... obviously if RKH/PMO are trying to shaft fogl in the unitisation talks, they are going to be using arguments such as the deposits being satellites that dont belong to everyone and whatnot... i dont care about that... all i care about is the 3D seismic results about to be announced and the upcoming drilling.. :-))

[chrisoil twitter] 22/6/2014 10:07

Considering PMO are is charge its rkh drill first READ rkh rns.

[belisce6] 20/6/2014 20:15

efagie... not according to the fogl presentation...
i am into fogl... not sure wot u are into ? nor where u are getting ur facts from...

[efagie] 20/6/2014 14:04

belisce.

"reading the recent fogl presentation, they estimate that within their 40% tenement that it holds 30% of Sea Lion..."

thats wrong. the cpr gives near 14mb of sealion in pl04.

"which would mean about 12% of Sea Lion to fogl so far..."

which means thats wrong too..

"fogl believes that it might end up with 40% (previously stated as 50%) of Sea Lion in its 40% tenement... however for that one, the Zebedee well needs to be succesful..."

zebedee mentioned in the above statement. IT is not sealion, but part of the slmc (sealion main complex) and where fogl is wrong and misleading, by saying its sealion and not the slmc. ie: mainly the satellites..

[efagie] 20/6/2014 12:54

belisce.

as said earlier "edit: i was wrong regards the further drop to 1.6% though..." a mistake on my part for which i'm sorry. think i'd done the 60% farmout twice.

[ghostofahangman] 20/6/2014 12:39

Zebedee..., Best stick to the Magic Roundabout B6

[belisce6] 20/6/2014 12:36

how did u come up with 1.6% then 4% when it is already estimated at 12%... nothing to do with Zebedee...

[efagie] 20/6/2014 11:56

and there's the mix. how does zebedee get called sealion?

[imperial3] 20/6/2014 11:35

Robpuguk.

Thanks.

[robpuguk] 20/6/2014 10:14

imperial3, it'll likely be Zebedee as the first drill for RKH/PMO/FOGL

[belisce6] 19/6/2014 21:21

reading the recent fogl presentation, they estimate that within their 40% tenement that it holds 30% of Sea Lion...

which would mean about 12% of Sea Lion to fogl so far...

fogl believes that it might end up with 40% (previously stated as 50%) of Sea Lion in its 40% tenement... however for that one, the Zebedee well needs to be succesful...

[john09] 19/6/2014 18:33

I'm lost too. Lol

[efagie] 19/6/2014 18:05

belisce.
having checked to see if right, i can only ask for you to point to the error, or give your view to it.
the cpr gives 10% of sealion within block pl04b, but! the drill was done due to the farmout of 52.5% being added to the 7.5% rkh had. so now, 60% to rkh. which leaves 40% of the 10% of sealion going to des now fogl, ie; 4% of the oils.

edit: i was wrong regards the further drop to 1.6% though...

[belisce6] 19/6/2014 15:51

efagie... i have no idea what u are talking about...

[imperial3] 19/6/2014 15:49

In their proposed drilling programme,which is the first one?

[efagie] 19/6/2014 15:17

should have added, rkh give mention to the possibility of up to 10% of sealion in plo4. but not as yet been proved up.

[efagie] 19/6/2014 15:10

belisce. the 4% is to the current numbers given. arealy its more, but the oil producing sand depths are low. don't forget! thats just sealion, and NOT to be mixed with the SLMC. which if memory serves is current at some 15%, i think.
which is more to phase 2. and will likely increase with the next lot of drilling.

[belisce6] 19/6/2014 13:46

efagie... i donot believe that only 4% of Sea Lion sits in fogl tenements, as u have indicated... thats y i asked if u could check ur numbers etc... it had nothing to do with fogl having 40% interest in the tenement...

[efagie] 17/6/2014 12:03

thats 40%+ giant. going from memory, its 40% to plo4. i think its 100% for plo5, can't remember if rkh had the 7.5% of that. plo3, is still to 7.5% rkh/pmo, with some 37.5% denholm. the rest fogl.

[efagie] 17/6/2014 11:59

in what way belisce?


edit; thats to: "efagie... are u able to look up ur figures, cos i think that u are way out..."

[efagie] 17/6/2014 11:57

i agree belisce. the trouble is, it suggests 40% of sealion, which is wrong..

[giant steps] 17/6/2014 11:57

Slide 3
Only explorer operating in both the North & South Basins
Material interest (40%+) in all licences

[belisce6] 17/6/2014 11:54

efagie... are u able to look up ur figures, cos i think that u are way out...

[efagie] 17/6/2014 11:52

sorry, just for accuracy. that 4% of sealion, and due to the farmout now 40% of that 4%. some 1.6%, i think.... lol.