Mosman Oil And Gas Share Discussion Threads

[244dk] 21/3/2021 07:06

The facts, as you say, are all in the rns' I referred to which included details of seismic already done. As I said, and within rns, a plan to drill in 145 had been formulated to be done in August of last year. The rns was specific (4/4/18) that the first well in ep145 would be drilled by 21/8/20 and a second well would be drilled by 21/8/21. Obviously we were mislead. Maybe a bit like galaxie1 would be drilled by the end of 2020 or that there would be "at least" one drill in each quarter of 2021.

I don't make things up, I leave all that BS to the happy clappy gang who are all too willing to shout from the rooftops about any hint of positivity, until it doesn't materialise.

Anyway, have a great day ya'll ;-)

[ford fairlane] 21/3/2021 02:37

DK


reading and facts are not your strong point are they?
or is it simply that your hatred of Mosman is so strong you can not see anything other than blind rage

all this rubbish about drilling 145. One can not drill until one does the gravity or seismic.
otherwise you are sticking a pin orick into the salt.

Does that make any sense to you?

as for timing, how could have mosman paid for the drilling at 145?

it is (I guess) a few million dollars of costs, with a high chance of fail without the seismic.

what they are doing is logical and normal exploration used across the world. You may not understand the industry but surely even you can understand normal oil and gas exploration?

You always quick to criticise, ignore the facts, and have a go at anyone who supports Mosman. The BOD must love you. hahaha do you ever contact them?
do you ever read what is said, or simply pull a couple of lines from here and there are requote them out of context?

being positive not ramping, IN fact I do not ever suggest people buy shares in any coy.

you sir need help.

[stockhunters] 20/3/2021 22:04

spary and fair will ramp this as they always do

[bulgarian] 20/3/2021 22:00

The Tooth Fairy?

[spary1] 20/3/2021 21:47

Ah Bulgarian signing I with the stockhunter ID

Stockhunter, nobody expected them to place for OZ so wind your neck in, and that certainly wasn’t what you were implying to!

Now the interesting think is they easily got £1.5m and let’s face it that wasn’t exactly what you call much of a discount, shares haven’t been flipped so wonder who has taken them ?

[stockhunters] 20/3/2021 21:30

what does this mean? so the still do not have enough to drill?

[stockhunters] 20/3/2021 21:28

fair and spary an apology please

[spary1] 20/3/2021 20:08

Bully boy, why are you trolling me and my shares ? Something missing in your life ?

[bulgarian] 20/3/2021 14:05

False Hairline,

Offie was it? Very unusual to hear that term used 'across the pond' (cough).

I think you meant liquor store son. Posting at 4am Texan time earlier.

That's commendable.

I'd check the mirror, I think you have got your syrup on back to front.

[244dk] 20/3/2021 12:34

Just a case of wait and see then.

[spary1] 20/3/2021 12:14

244dk, they were looking for a JV for Seismic and drilling beforehand, maybe a potential JV partner wanted to much of a stake ?

Doing the seismic ourselves and proving up will give more leverage for a JV for a drill? Worked for central/Santos where central retained a 30% interest on Dukas 1.

[244dk] 20/3/2021 12:00

So when it says in the RNS that mosman is to retain 100% ownership in 145, they're still looking for a JV?
To be fair they've been looking for a JV fo over 3years and haven't found a willing partner. Odd really when it's such a huge asset.

Read the rns's

14/2/20 (placing)
22/11/19
24/7/19
29/5/18
4/4/18 (principal work programme to drill one well in ep145 by 21/8/20 and a second by 21/8/21)

I guess more seismic interpretation won't hurt even though so much, according to previous rns's, has already been done. So much so that a plan to drill by August of last year had already been formulated. I may not fully understand exploration but I'm sure you'll put me right.

[ford fairlane] 20/3/2021 11:24

dk

it is so said you do not understand the exploration business.

it is about leverage and reducing risk, more information means bigger JV.

I do not think for one minute that Mosman will be a Helium producer in 145. It may end up as a smaller partner in a large deal at best.

That is the game.

as for drilling 145, do you have a feel for the costs and risks involved? we are talking millios

[ford fairlane] 20/3/2021 11:24

dk

it is so said you do not understand the exploration business.

it is about leverage and reducing risk, more information means bigger JV.

I do not think for one minute that Mosman will be a Helium producer in 145. It may end up as a smaller partner in a large deal at best.

That is the game.

as for drilling 145, do you have a feel for the costs and risks involved? we are talking millios

[spary1] 20/3/2021 10:51

244dk, there is a good reason for targets being missed and it’s a called covid as we all know !

It says in the RNS we don’t have enough to for a drill but surely a JV will look way more attractive if we have all the data proving up?

As for USA we had an update on that yesterday but will be happy once issues are sorted, hopefully.

[244dk] 20/3/2021 10:19

Personally I see it as a bit of a smokescreen to take the eye away from the american oil and gas saga. If you really think that JB et al can get Australian asset up and running, then good luck to you. They've already missed targets they set themselves to drill ep145 by august last year. They also can't afford to go it alone.

[spary1] 20/3/2021 09:00

You might aswell talk to the wall Ford Fairlane.

What Bulgarian fails to point out is what % Australia could produce and that shortage and when supplies could run out are 2 very different things, but considering he has no shares I wonder why he posts here ?

All very strange, anyone for an early G&T or a can of special brew 😂


Ps isn’t helium worth 12 times that of standard hydrocarbons