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Re: Fill to Spill Analysis (Puntland)
Sun Apr 08, 2012 5:04 pm

Thanks for all your comments. I am not here to ramp or de-ramp. I am not sitting on a rig or in Africa. I cannot disclose what I do but I have reviewed lots of wells and development programs in the profession I work in. Some have hit, some u can saying they don't know what they are doing.

Lets go back again to march 7 announcement. They explicitly said WORKING (emphasis here) hc system. They could have just said hc shows which can mean motor oil on sand. Why would they say working? This technically would mean that enough fracturing and pressure has allowed hc to accumulate. They r lucky that the seal at 1600m was intact. Hence no migration to surfacewhich mean commercial oil. Otherwise how can it move.

There r two scenarios here:
1) the 400 m has extended into the qishn formation (which was reported being at that depth on the 19th) and hence nothing new to report as they mentioned. Further drilling can confirm a longer column. This has happened before like with gkp so it is not out of the ordinary.

2) nothing to report can mean the qishn formation is empty and hence all the oil is in that 400m. I speculate that there is nothing more down there unless there is another non fractured formation at the 3400 level. As I said most wells in Yemen are between 5000 and 7500 feet. The same is the new well discovered in Kenya.

Hence mike if Kenya and shabeel have the same pay geology, I don't think a 10km would be significant. I would be more worried about jka where they have surface seeps as they might have a harder time finding the intact reservoir.

I was invested in a company called vast exploration. Shallow seeps, komentan shows, etc... 900 m column. But guess what not commercial in the bottom where the 900 was. No cap above that. It seems that the fractured cap is deeper and now they need to drill another well with NIKO. Drill site was wrong.

I think and just speculating, 400m is a full pay. A first test should pump over 25000 barrel if good pressure. Those saying billions they probably run the scenario I explained earlier.

40% probably of success is there now for a reason. Working hc system not just hc shows.

U re free to copy and paste

Cannot see gibby yet. lol

Gibby has been flying around for the last few days. I cannot believe that you haven't noticed his name so be it not on this RRL. Which Money am do you have? If that sounds sense as I am so so surprised that you have not given him a few quips!!!!

Only joshing, bit worried non of his kerchingggggggggggggggggs here though. lol
A big one for rmp lol

Must have missed that one DC he is probably too busy down at the Peckan High Street stopping muggers etc. haha!! or dealing with the trotters. No offence Gibby - Hope you were not the swimmer who got arrested at the boat race!!!

Lol 3m, my team oxford were in the lead till that --------- swimmer got in the way. lol

Only just....glad my team Cambridge won.....

Lol rf, Cambridge 30 miles away but cheer on Oxford. In the lead we were, would of pulled out by 10 lengths lol.

RGRYY down 7%

Very low volume on AOI, HORN & RGRYY.

http://www.bloomberg.com/quote/RGRYY:US

Hope the markets are better this week than the weather here today (rain, rain and more dam rain) surprised I didn't hit the G & T's in depression. Good news is I think the furry b......s have gone shhhhhhhh don't speak too soon. Hope you have all had a better day weather wise.

Weather was not much different to yours 3m, friday being grey being the best day.
Today grey drizzle all day. Can only get better. Good job your furry sh-ts have gone.
Just want some news from rrl and not any news only good. lol

Petroleum Corporation (HRN)

Exchange: TSX Venture Exchange

$1.690 Apr 9, 2012, 1:30 PM EDT Change: 0.00 (0.00%)

http://dissidentnation.com/key-dharoor-elder-beldaje-farah-beldaje-abdullahi-passed-away/

These posts are worth a read -

http://www.worldstocks.co.uk/forum/viewtopic.php?f=3&t=303

CLOSED


HORN PETROLEUM CORPORATION
HRN 1.48 -12.43%




1.48
-0.21 (-12.43%)

Big drop for horn at the end of trading ?

Thanks to

TheRealJRL 2

from ii


All other markets are closed, foreign investors is still on leave which means that very few shares could cause a significant drop in sp. This will then spread to australia and on to England just because everybody got scared that someone in Toronto knows something bad. But no news is out, the Lundins are trying their best to make sure everyone involved are tight lipped.

How many investors lost their shares this morning ?
Im just thinking of Rockhopper!!
Lets hope these are games before a big announcement.

Dam Dam and more Dam I am sick of conjouring up pretty pictures of this dam share. What happened to Rockhopper then DC?

Driven down hard before its oil discovery then booooooom. Only trying to keep you happy 3m, lol. The whole market is not a pretty sight. Just averaged down in XEL.