oilwatch
- 20 Jun 2007 14:14
dreamcatcher
- 02 Aug 2016 18:05
- 361 of 523
I don't think the world could take two of you. lol
HARRYCAT
- 08 Aug 2016 07:55
- 362 of 523
StockMarketWire.com
Sound Energy has confirmed a significant gas discovery and a potential single gas column at its Tendrara licence, onshore Morocco. As previously announced, the first Tendrara well, TE-6, was drilled to a measured vertical depth of 2,665m, encountered the top of the structure and approximately 28m of net gas pay in the TAGI reservoir.
The company has now completed operations and is delighted to announce that it has on 7 August 2016 achieved a stabilized gas flow rate, post stimulation, of 17.0 MMscf/d (0.5 million scm/d).
"This is significantly above initial expectations and represents a highly commercial rate," Sound Energy said in a statement.
"The Company is also very pleased to report a reservoir bottom hole pressure of 420 bars and that the static pressure recorded in the well correlates, in terms of gas gradient, with all of the wells previously drilled in the licence area."
The combination of these factors together with the fact that none of the historically drilled wells on the licence have identified a gas/water contact, suggests the possibility of a significant gas column within a continuous extended structure.
This structure may include and extend beyond the reservoir identified at TE-2, some 30km to the North East. A further well (the Company's third well - TE-8) will be required at the edge of the potential structure to confirm this and is now being planned for later this year.
The Company, together with Schlumberger, is now preparing for the second well at Tendrara (TE-7, located approximately 1.3km from TE-6) using sub-horizontal drilling techniques which are expected to significantly increase the individual well flow rate in a success case.
This will be followed by an extended well test. The rig-up process at TE-7 is already complete and drilling is expected to commence during August 2016.
TE-6 will be suspended until the results of TE-7 are confirmed.
Bullshare
- 08 Aug 2016 09:39
- 363 of 523
Great announcement, £1 before Xmas?
M
Martini
- 08 Aug 2016 09:48
- 364 of 523
:)
Bullshare
- 08 Aug 2016 11:04
- 365 of 523
Listened to the conf call just held. James is talking value of company up, as he would, and it could be £10 plus per share in due course. Fairly balanced discussion.
kimoldfield
- 08 Aug 2016 11:09
- 366 of 523
Hmm, still got a few but sold the majority way, way too soon. Still a profit is a profit!
Off thread, haven't had time to do an in depth research but CPT looks interesting. I will be looking closer when I have time later this week, by which time it will probably be £50 of course! 😀
kimoldfield
- 08 Aug 2016 11:31
- 367 of 523
Found a bit of time, started a CPT thread! The company shows promise but more research is advisable, sooner rather than later maybe!
Bullshare
- 23 Aug 2016 14:59
- 368 of 523
I'll be here, as am hosting the event :-)
The Shares Investor Evening is coming to Edinburgh on Wednesday 5th October 2016
We would like to invite you to our exclusive Shares Investor Evening in association with Alliance Trust Savings in Edinburgh on Wednesday 5th October 2016. Following the success of our regular investor event in London andour event earlier in tne year in Edinburgh we are coming back!
This free event offers a unique opportunity to hear from company directors about their latest plans and strategy for their firms growth and development. You have the opportunity to ask the questions that matter to you and network with fellow investors over drinks and canapes
Who Should Attend?
The evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.
Date:
Wednesday 5th October 2016
Venue:
Radisson Blu Hotel Edinburgh, 80 High Street, The Royal Mile, Edinburgh, EH11TH
Event Timings:
18.00 | | Registration and coffee |
18.30 | | Presentations • Mark Learmonth, CFO & Director - Caledonia Mining Corporation (CMCL) • Richard Gray, CEO - Scotgold Resources (SGZ) • Neil Ritson, Non-Executive Chairman - Solo Oil (SOLO) • James Parsons, CEO - Sound Energy (SOU) • Dr. George Morris, Chief Operations Officer - Valirx (VAL) |
20.30 | | Drinks reception and canapés |
21.30 | | Close |
Attendance is free, but spaces are limited.
Register now to secure your place!
Caledonia Mining Corporation (CMCL)
 | | Caledonia is an exploration, development and mining company focused on Southern Africa. Caledonia's primary asset is a 49% interest in the Blanket Mine in Zimbabwe which produced over 45,500 ounces of gold in 2013 at a cash cost of US$613/oz.Caledonia has a strong, experienced management team and Board of Directors with diverse expertise in gold production, exploration, mine development, finance and marketing. |
Scotgold Resources (SGZ)
 | | Australian Securities Exchange listed Scotgold Resources Limited (ASX:SGZ) was established in 2007 and listed on the ASX in January 2008. The company’s shares were admitted to trading on the AIM market of the London Stock Exchange (AIM:SGZ) in February 2010. The Company’s principal objective, since 2008, has been the advancement of the Cononish Gold and Silver Project in Scotland’s Grampian Highlands to a production decision and exploration of the highly prospective tenements comprising the Grampian Gold Project with the view of identifying further project opportunities. |
Solo Oil (SOLO)
 | | Introducing Solo Oil - Oil and gas Investment company- Listed on the London AiM Market (SOLO) Objectives To acquire and develop a diverse global portfolio of oil & gas assets Portfolio Non-operated oil & gas assets: - Major stake in the prolific Ruvuma Basin, Tanzania- Interest in Kiliwani North (KNDL), Tanzania- More than 5 tcf of prospective resources identified in Tanzania- Ntorya-1 (Tanzania) discovery flowed 20 mmscfd and 139 bopd- Participation in UK Weald Basin exploration projects, including Horse Hill- Strategic investment in Burj Africa, West Africa- Enhanced Oil Recovery project in Ontario, Canada |
Sound Energy (SOU)
 | | Sound Energy is a well-funded Mediterranean upstream company, listed on AIM, with cost covering production, a cornerstone investor, a strategic partnership with Schlumberger (one of the largest companies in our sector) and an active and potentially transformational drill programme. |
Valirx (VAL)
 | | Valirx Plc is an oncology-focussed Biopharmaceutical Company, developing treatments and diagnostics. Technologies are selected by using rigorous clinical and commercial processes to address unmet market needs. Clinical lead product is VAL201, a peptide for prostate cancer with follow-on indications in ovarian and breast cancers and endometriosis. Product VAL401, is a small molecule reformulation for lung cancers. The Company’s proprietary technology platform, GeneICE, enables selective silencing of rebellious genes’ inappropriate activity. VAL101, the first GeneICE therapeutic, targets and reduces expression of Bcl-2, implicated in about half of cancers. GeneICE extension to neurology and inflammatory diseases will follow. A novel diagnostic, the Nav3 system, detects pre-cancerous, cancerous and metastatic cells in tissue samples even before a tumour forms; indicating potential malignant formation. |
Sponsored by:
Bullshare
- 24 Aug 2016 09:59
- 369 of 523
Bit of a blue day so far!
Martini
- 24 Aug 2016 10:35
- 370 of 523
You could almost day trade this!
Bullshare
- 24 Aug 2016 16:49
- 371 of 523
Ramptastic stock :-)
Bullshare
- 25 Aug 2016 17:02
- 372 of 523
Boom:-)
Martini
- 25 Aug 2016 18:44
- 373 of 523
I have a nose bleed at this level.
kimoldfield
- 25 Aug 2016 18:44
- 374 of 523
I did that! Sold some!!
Bullshare
- 26 Aug 2016 09:31
- 375 of 523
I am now getting very greedy, think it wil be up and down plus a bit sideways for next few weeks ;-) It really could be £1 by Xmas. Fillyaboots!
niggle
- 26 Aug 2016 10:12
- 376 of 523
Been back trading for a few months now - old faces Martini, Bullshare - blasts from the past :)
Martini
- 26 Aug 2016 10:32
- 377 of 523
Welcome back niggle.
Bullshare
- 30 Aug 2016 10:45
- 378 of 523
Welcome Niggle, hope trading going all OK.
mike
Bullshare
- 01 Sep 2016 15:50
- 379 of 523
Getting vertigo up here ;-)
Dil
- 01 Sep 2016 20:22
- 380 of 523
At last the new Tadpole thread :-)