Rocketing this morning on a superb upgrade !...

The problem is that the RNS doesn't contain the info which the market is waiting for, so it's possible that the sp will settle back again.

One to monitor as much as possible this share....

You had seen both RNS releases from yesterday had you, Harrycat?

Ah, maybe not. Checking now.

Yep, nothing there I haven't already seen.
SDCM have increased their holding......BB1 ready to flow test....what more is there?

i know nothing of these matters, but the key para to me looked like .....

The flow test programme is specifically designed to gather further supportive evidence that the Kimmeridge contains a continuous oil deposit, with mobile light oil and which can flow to surface at commercial rates and in commercial volumes.

that is to say, as i read it, that a true flow rate and other important details have not yet been established

Precisely.

Ready for rig-less flow testing. That's what I was waiting to know for sure.

Yes, but might be a while yet and data will have to be verified by an independent agency.

the brave will continue to hold all they have
the prudent may deem it wise to bank at least some profit at least for now

You can have just a short term flow test...but (I'm no expert but because it's onland and right in the middle of a lovely area : the regulations concerning the flows are perhaps much stricter and also the fact they don't want to establish a flow that lasts just one day and peters out afterwards...(reminds me of Hardman resources off Mauritania...they established 75000 barrels per day...and then when production started : it went down to 13000)....that sort of thing...

cynic ..i bank profit but buy back later at lower price so gathering more shares

lets face it if french billionaire wants in must be a good thing

332 - can't remotely disagree with that approach ..... i think there is no hurry and would not be surprised if stale bulls are forced out in the near future, especially if with s/b

Suddenly its getting ready to move up.

Volume way down from last week though.

Harry there is a mention in todays Sunday Mail regarding the French connection.

Well, the Weald Basin does stretch as far as northern France. I've been retired from the industry for a good while now but this was being talked about years ago. A lot of "ifs", "buts" and "maybes" with this whole scenario but very interesting, nonetheless, especially geologically.

Thanks mitzy.

http://www.dailymail.co.uk/money/markets/article-4763920/French-billionaires-buy-Gatwick-Gusher-oil-firm.html

Do the french know how to drill for oil? instead of trying to nick ours when dont they drill a few holes west of calais?