.

As you can see, follow the arrows - Loligo filled we hope via upwards migration. So if the bottom target is fully sealed, it could lead to the top 4 being dry.

Three Bears is right at the bottom. Fingers crossed Three Bears comes in.





Its why the company were desperate to drill Loligo Deep and not Loligo Shallow - any shallow well would have missed of the Triggs and Three Bears and could have missed the important bottom area.

So if Three Bears has an excellent seal - it could easily mean the upper targets were dry.

Fingers crossed for that anyway :)

Three Bears is P50 of 1.5 billion recoverable barrels............. but this all could be a duster yet - its HIGH RISK - BE CAREFUL !!!

there he goes again.....50/50 on buys and sells, nothing spectacular.,.

We don't know if the upper levels were dry or not ....but we do know that there was something big on the seismic survey : water..gas..or oil...faites vos jeux...

quite so ...... as before, likely to be bear squeeze with sp faling away again in due course ....... suckers game

To me ...if the sp breaks through the 75p proper...then a leak of some kind is doing the rounds...

water perhaps

prostate.,.

Bear necessities....tuttutututut.....bear necessities....reminds me of the jungle book....

Daddy bear hopes there's oil...so does Mummy bear....Baby bear doesn't know what it is...

He must of bought a few more just in case they hit oil hence the ramp now,he swings more ways than my pit ponys tale

more seriously ..... DES remains unchanged and RKH slightly down, so i stick by my guess of bear squeeze

I hope that we are not going to get : I told you so ....from some in the event : Loligo is a duster....

BEAR cynic...........THREE BEARS ???

:)

A THREE BEARS SQUEEZE ?? ;)


Certainly the shorts have been squeezed out today, but what the end result is nobody knows. I have a long position and happy with it. Lets see - still likely bad news, but good news could boom this.

RF - there will be pages and pages of "I told you so" "Pro is a ramper" and all that crap if its a duster.

If its an oil strike they will all be quiet and say I should not gloat - but if its a duster they will gloat for weeks...........

Sad really, but there are some sad people posting.

BOR & ARG are both up cynic. How does that fit into your logic?

i'm a muppet! ...meant to look at BOR (not up greatly = 2p) and never bother with ARG which i have always thought of as a joke company ..... if RKH was up significantly (or even at all), for a commercial find by FOGL will assuredly have a knock-on effect, then would be more inclined to believe other than bear squeeze

No critism intended, just didn't know if you had discounted them or other logic prevailed! As for ARG being a joke, I am happy for the joke to be up 10% at one point today! ;o)

Day traders selling now at the end.

Lets see what 7am brings. A duster would be tomorrow morning, following open hole logging - which for sure will be complete by now, or very soon. Open hole logs will tell you duster or not.

Nothing tomorrow at 7am and things start to look very much more positive - eg they are doing perhaps fluid sampling runs to get samples of........... something.

eh?????????? ..... very curious logic ...... sp more likely to tell the story, but end of day still looks like bear squeeze and nothing more