.

Going long on FOGL now......will be patient right through the summer....at this stage...preferable than BOR for that....gives me more time.....

Looks like the next wave of deramping is to bullshit about "gas shows only".

LOL -

At the moment the flat spot looks like : gas above oil....rather than gas above water.....very promising for the rest of the campaign and this would encourage rig owners to allow a move to the falklands for future wells,,,,

Sea

Seabed

Seal

Gas

Flat Spot

Oil



:)

11 million volume so far today. The most ever in BOR's history.



.

OIL !

Where's the news ?.....

The rumour is that they found

Gas on top of oil but thin oil pay - which is why all the initial naysayers were saying non-market pleasing news is coming last week.

However, they run a sidetrack to find thicker net pay and they did just that Sunday/Monday - and so not only do we have gas net pay but also oil net pay and not a thin slice, its substantial


Thats the rumours - enjoy them.

IMO, NAG, DYOR !

Hats off to you Prosels if you are right !.....so the gas could be exploited at the same time oil is recovered.....if this is true : good news for future drilling around that area....

Should see upwards movement from 2pm to 2:30pm

The shorters will have to close their positions they opened this morning and all those that sold hoping to buy lower will have to buy back in as they will "not want to be out of this overnight" - just in case 7am RNS tomorrow morning.

To me if they have moveable oil in any shape or form : that's good news for all....

92.6p Glad I held my nerve this morning. Happy to hold for now.

I made this earlier to show FOGL follow on wells that would be derisked by success of the 4 wells (2 BOR and 2 FOGL) planned this year.




You can see that success at Darwin unlocks a lot of potential barrels into play for FOGL.

This is going to make the city newsheadlines if the outcome is good !.

IF?

Picking up again.....topped up this morning.....can't buy any more......might not come right.....but boy ! it's looking promising...

The way this is going it will break through the pound barrier again....

No stopping this.....knocking on the pound now....

I think that this well whatever the outcome is going to derisk (I think that's the term used) the following wells.....

Incredible stuff here.....any rumours from the grapevine anybody ?.....