Shell to drill for oil - Namibian Sun [link] public has until 4 August to comment on an environmental report on the intended commencement with deep-water exploration well drilling by Shell Namibia - the company hopes to start its exploration activities for new prospects in 2018 and 2020"
Re: Aim to drill 3 wells in 2 years Is the drill now confirmed ?Expected in q1 2018 was also expected in q34 2017 Feet on the floor
Aim to drill 3 wells in 2 years [link] far we have one well secured in Morocco to be drilled in 1Q18 - Billion Barrel Play opener only months away - meanwhile we're negotiating with potential partners in Namibia where we're already preparing for Drilling Prospect S in Walvis Basin 65% ownership & operator459mmbbls wih a 29% Chance of success1.75 Billion Barrels follow on potential[link] wells two & three most likely to be drilled in Namibia - partnering process is underway. Meanwhile Tullow has managed to farm out 30% of its Namibia Blocks to ONGC -[link] is hotting up with Tullow expected to drill in 2018 Plays right into our HandsOur aim is to drill 3 wells in 2 years - therefore we're negotiating We already had "advanced talks" for our Southern BlocksWe're showing commitment with preperations for Drilling the CentralsNewflow in the pipeline for drill #2 and drill #3 with Drill #1 only months away.and then there's Brazil[link] 775-square kilometre campaign revealed that potential reservoirs may spill to Shell-operated Block BAR-M-252. Early processed products display clear turbidite reservoir geometrics extending from the shallow-water Chariot licences down-dip into the neighbouring block to the north, which has a drilling commitment that will be an important test of the petroleum system in this part of the basin, said Chariot."
Re: Saipem 12000 Now 12p - as I said this becomes dormant over the summer and dormant is no good on the AIM - still you guys know best - keep shooting the messenger
Re: Saipem 12000 CT, you're in danger of getting overly wrapped up in weepy and evostick's constant bickering.Neither have much to offer this, otherwise civil and educated, conversation.Regards, TP
Re: Saipem 12000 Sorry I forgot it was you thought I was conversing with an adult..Anyone else feel there will be no news until Larry and his merry bunch men have had their next free meal or are you all still investing blind ?
Re: Saipem 12000 EEEK none of your predictionas have ever come true whereas all of mine have.
Re: Saipem 12000 Trader you said all kinds of tripe - to be fair your pretty useless at predictions this is a better board for you - birds of a feather and all that.Wheeps I see oil is no where near your 70dpb prediction ; ))
Re: Saipem 12000 I very definitely said this would go up to 20p then fall back and form a good platform for the next push up. I see a platform formed and next will be the push up on news.
Re: Saipem 12000 13p guys and all you get is cold comfort from HQ - I love the stiff upper lip.City trader is 19/18/17/16/15/14/13 still a good platform for the next push..Laugh I almost bought a pint...
Re: Saipem 12000 I see the children are running riot on LSE. Meanwhile int he real world we get ever closer to news whicch will add nicely to the SP.
Re: Saipem 12000 FQ, your bitterness and anger to this company and its directors are getting more profound by the day.It must have really hurt you buying in the pounds when most were selling ...Move on fella, your getting older by the day and your using so much of your clearly diminishing energy on Chariot forums on multiple sites, talking it and it's directors down.
Re: Saipem 12000 It all looks great on paper - so many eggs in that basket - I remember Paul talking about sleepless nights prior to Nimrod wonder if Lazza is the same - the knock on of a duster would hardly affect a major but we are not so insulated.MR
Re: Saipem 12000 Billion Barrels Play Opener - The Rabat Deep Jur. Prospectivity ammounts to 3.85bn bbl JP-1 four-way dip faulted structure of 768mmbbls* in the Jurassic Carbonate Play (free carried drill 1Q18)Follow on potential - Additional 6 Jurassic leads ranging from 208 to 1,041mmbbls: JL-1: 208mmbbls JL-2: 533mmbbls JL-3: 676mmbbls JL-4: 119mmbbls JL-5: 505mmbbls JL-6: 1,041mmbbls total: 3,082mmbbls also we have prospectivity in excess of a billion barrels in our 75% owned neighbouring blocks:[link] CEO Larry Bottomley said: "The RD-1 well scheduled to be drilled in early 2018 on Rabat Deep has the potential to further de-risk the hydrocarbon charge system in the Cretaceous play in Kenitra and Mohammedia, which has prospectivity in excess of a billion barrels in which the company holds 75% equity."Our latest farmouts in Morocco generated US$15m to US$18m in Cash and a 10% Free Carried Drill on the JP-1 768mmbbls prospect. One of those mulitple parties having visited our dataroom who did not win the opportunity to drill with us in Rabat deep (1Q18 free carried well with ENI) might have a look at our Billion Barrel Follow On Potential in Mohammedia & Kenitra directly next to Rabat Deep Drill Location - 1000km² 3D seismic acquisition completed in March 2017 @ minimal costs "capitalizing on the current excellent seismic contract rates" - partnering process is underway!
Re: Saipem 12000 Yep our whooping 10% in that drill is a real draw