ADI - Adelphi Energy

[mpls]

i ask you mpls, are you certain the well is not completed and that the nabors 775 rig is not drilling the baker 1 well?

I never said the well was not complete, only that on 4 October they drilling ahead at 7,555 feet.



i think the fact there is no news will be negative, not positive on the jvp's as the three zones prospectiveness can be questioned if a rig moves off and no horizontal is drilled and no explanation is given..

Hmmmmmmmm, negative on three zones



i think they got shows in all three zones, i think the will test the zone 1 and then later return the nabors 775 rig to make a horizontal out of kunde 2, and i think they will go into zone 3 with that well.

Hmmmmmmmm, you are now positve on three zones as you state testing

 

[Father Ted]

agentm,

sorry I just missed your last post, but I don't follow what you are saying.

quote agentm..."i think the fact there is no news will be negative, not positive on the jvp's as the three zones prospectiveness can be questioned if a rig moves off and no horizontal is drilled and no explanation is given.."

Are you talking about kunde #2? - because it was never going to be a horizontal from the permit!

quote agentm..." i think they got shows in all three zones, i think the will test the zone 1 and then later return the nabors 775 rig to make a horizontal out of kunde 2, and i think they will go into zone 3 with that well.."

It's entirely possible that after they have done all the development testing, that, as they have three zones, they may end up with a horizontal well in each zone, but I think that's a long way off yet.

father ted

 

[fflintoff]

Considering how much weight agentm ´s posts carry ( rightly or wrongly ) it is not surprising that he has stirred up a hornet ´s nest. Perhaps it might be better sometimes to keep certain thoughts re dry wells very very private as it plays into the hands of the UK numpties such as Robin, cahbunny, one2many etc in particular. Maybe a retraction & an apology for such thoughtlessness will suffice?

 

[mpls]

Good Point Father Ted!

It was only on 16th Oct, that the permit for Kunde#2 was revised to remove the restriction not to produce concurrently from the same reservoir as the Kunde #3 well.

So if the rig was moved off on the 15th why would on 16th Oct they revise the permit so they could produce from Zone 3.

Certainly not because they found no shows!

 

[Father Ted]

agentm

Facts - that's the key here.

As I have said before, there are things we know - and things we don't know - and things we think we know.

I assume that all that is being said under the 'I think' banner, are just things that we 'think we know'

.... and the nabors operators have systems which allow you to log in on the net and see exactly where you are with the well..

would the 'you' be an 'us' or a 'them'?

If an 'us' please let on how.

father ted

 

[Lucky_Country]

Everyone is entitiled too there own assumptions on the drilling campaign but hopefully by now no one is going too change what there thoughts are at this point in time ie. selling out with news just around the corner based on 1 post which is only a persons own point of view.
We have waited this long if you are not prepared for the gamble then you should not have invested in the first place.
Lastly GOOD LUCK TOO ALL HOLDERS !

 

[fflintoff]

Everyone is entitiled too there own assumptions on the drilling campaign but hopefully by now no one is going too change what there thoughts are at this point in time ie. selling out with news just around the corner based on 1 post which is only a persons own point of view.
We have waited this long if you are not prepared for the gamble then you should not have invested in the first place.
Lastly GOOD LUCK TOO ALL HOLDERS !

I fully agree with your opinion that everybody is entitled to their own view even if it is irresponsible ………..”i feel the "no news" and the conclusion "there is no news to report" must point to the the fact that all three austin chalks zones were dry,”
However it is strongly believed by some on the UK threads that certain high profile posters on ASF & HC are attempting to manipulate the EME price & have an agenda there. Hence the EME investors have deep reservations about the conflicting & inconsistent views that are sometimes expressed.

 

[Lucky_Country]

Does ASF and HC have a real influnce over the EME share price I am not so sure on that one but rule nothing out.
Personally I feel those in the know already know and have got there holding.
Thursday over after the weekly update nothing overly exciting in it over 4.5 million shares in ADI were traded in the day very rare you see over 100,000 traded lately then lo and behold the following day we have the Annual report with comments like "company maker" thrown in there.
The point being we average punters take all points of view and weigh them up and decide what is right for our own investments personally I dont know whats happening within the companies but I like how ADI management conduct themselves and run their buissness hopefully we all benefit from our prospective companies pity some know more than others and we are not all on a level playing field.
People like yourselves obviously know the oil and gas industry very well and all of your info is kindly regarded

 

[Agentm]

i saw 4 mill shares traded last week.. in one day.. so i investigated..

the uk boys are snowballed and are completely certain the kunde well is still drilling, and are blind to the reality of the operations there, eme has deliberately done this and its a great trading envelope ther for holders in the share, the knowledge they sit on and are not releasing is astounding, yet their sp drops day in day out. so obviously as far as the management is concerned they are not worried about the share price, nor are they remotely concerned about not releasing any data on wells that are completed. I asked a simple question after making a few hints all week that the usual suspects have been throwing the eme shareholders off the game, the debate on who's forum is the best was of no interest, the moment i asked how kunde 2 was, i got slammed!! i dont understand why its such a touvchy issue, its a very simple question, is it fair to assume that a completed well with no reporting is perhaps negative news??

i wont live in a world of fantasy, if the uk forum wants to believe the kunde 2 well has a rig on it and is drilling then so be it..

as far as i am concerned the lack of any reporting on whats down there can be very negative, once a rig has moved off and is drilling another well. particularily if no reporting is done, surely you cant hold back price sensitive news on a pubically listed company? and i am absolutely sure there is some taking advantage of it in light of whats happening down on the kunde sites! as they are not doing things operationally which indicates anything negative, its the lack of reporting in light of what is happening operationally thats obviously going to make the insiders a good fortune.. does anyone know what sort of volumes eme has done lets say in the last 2 weeks compared to the average?

as far as Sl1 goes, and the frac, we will be updated shortly, as with kennedy 1H, i know that ADI wil report and not hold back too much news.


good luck to all holders..

 

[Agentm]

JOINT ASX/MEDIA ANNOUNCEMENT
Monday, 22 October 2007

Anzon and ARC announce merger discussions

The Boards of Anzon Australia Limited (“Anzon”) (ASX:AZA) and ARC Energy Limited (“ARC”) (ASX:ARQ) today announced that they are currently negotiating the final terms of a proposed merger of the companies (“Merger”) and have requested a trading halt in the shares of both of the Companies for a period of 2 days while negotiations are finalised.

The proposed Merger remains subject to the agreement of final outstanding terms and execution of a merger implementation deed. An agreement to proceed with the Merger will conclude Anzon’s strategic review process announced on 17 September, 2007. Anzon received a number of proposals and has elected to pursue the Merger with ARC on an exclusive basis.

About Anzon

Anzon is an upstream oil and gas company listed on the ASX on 15 December 2004, to acquire, explore, develop and commercialise oil and gas fields in Australasia. Anzon’s principal asset is a 40% interest in the Basker, Manta and Gummy Fields of which Anzon is also the operator. Anzon has built an enviable record of declaring a profit in each full year since listing. The key to this performance has been the rapid development of the Basker Manta oil fields by Anzon’s technical team of staff and contractors. Merging the BMG Project with a more balanced portfolio of assets has been a stated goal of Anzon.

About ARC
ARC is one of Australia’s pre-eminent mid-tier energy companies, owning and operating oil and gas interests in the Perth, Canning and Bass Basins and internationally. ARC has an aggressive onshore and offshore exploration and development drilling program. It has a successful track record of the early adoption of innovative technical and commercial practices and project and corporate delivery.


interesting indeed

 

[dont jump]

You can see the volume on EME, slightly up against the last week or so in September but nothing vast.

Go to www.Ft.com > put uk:eme in quotes, hit go and select analytical charting.

The link was too long to post.

 

[Father Ted]

i saw 4 mill shares traded last week.. in one day.. so i investigated..

the uk boys are snowballed and are completely certain the kunde well is still drilling, and are blind to the reality of the operations there, eme has deliberately done this and its a great trading envelope ther for holders in the share, the knowledge they sit on and are not releasing is astounding, yet their sp drops day in day out. so obviously as far as the management is concerned they are not worried about the share price, nor are they remotely concerned about not releasing any data on wells that are completed. I asked a simple question after making a few hints all week that the usual suspects have been throwing the eme shareholders off the game, the debate on who's forum is the best was of no interest, the moment i asked how kunde 2 was, i got slammed!! i dont understand why its such a touvchy issue, its a very simple question, is it fair to assume that a completed well with no reporting is perhaps negative news??

i wont live in a world of fantasy, if the uk forum wants to believe the kunde 2 well has a rig on it and is drilling then so be it..

as far as i am concerned the lack of any reporting on whats down there can be very negative, once a rig has moved off and is drilling another well. particularily if no reporting is done, surely you cant hold back price sensitive news on a pubically listed company? and i am absolutely sure there is some taking advantage of it in light of whats happening down on the kunde sites! as they are not doing things operationally which indicates anything negative, its the lack of reporting in light of what is happening operationally thats obviously going to make the insiders a good fortune.. does anyone know what sort of volumes eme has done lets say in the last 2 weeks compared to the average?

as far as Sl1 goes, and the frac, we will be updated shortly, as with kennedy 1H, i know that ADI wil report and not hold back too much news.


good luck to all holders..

Agentm

With respect, I think you are in part to blame for the reaction. It is very difficult for people to blindly accept a statement that the rig has moved on, simple on your say so. You do not indicate how you know, and frequently add to the uncertainty by including 'I think'.

An 'I know, because..." may go down better.

As you aware, it's very difficult sorting fact from fiction with sugarloaf, and if we say 'I think..', then can only taken as an opinion at best.

Do you have any positive evidence that the rig has moved on? - if so what is it?

father ted

 

[Agentm]

father ted..

i am over it now..

if you think the kunde well is still drilling and was never completed then so be it. my research tells me baker 1 well is being drilled by the nabors 775 rig. my research tells me the nabors 775 rig has also drilled the kunde 2 well. you dont have to believe it father, its your choice. i am not asking you to believe it, all eme holders have made it clear they dont want comment on kunde 2, so its a dead issue to me, why continue to drag it on, if you trust eme management to be updating you correctly then so be it.. and invest accordingly..

unclefox posted on hotcopper that a bird told him an announcement is due tomorrow.. i believe that, not because i need proof, i trust the source!!

lets say i think those who are in the bigger picture, like ones buying 4.5 mill shares in one day, see the bigger picture. that picture is the kunde 3 well and kennedy 1H well. IMHO you dont buy 4.5 mill shares on a guess, you have to have a fair degree of certainty.. it doesnt happen in AUT nor in EKA nor from what i have seen in eme, but in ADI i see massive share tranfers, and the ones accumulating have brillinat credentials.

somehow in the scheme of things the 4.5 mill share purchase is going to be looked at one day as a massive mistake or an extremely wise decision.

lets see what the jvps throw at us next, the frac has gone off and there would be some idea of what to do next, and the kennedy 1h well is drilling away into the sugarkane.. the fact that they are not reporting (including the lack of updates on the mumbojumbo wells) tells me they are not allowed to say anything. which makes what unclefox said very interesting indeed..

 

[fflintoff]

The majority of last week ´s buy/sell orders were pre arranged. Simply moving some stock around for financial / tax reasons. No big deal & nothing to get excited about as the trades were not as a result of any fundamental news in the sugarloaf programme unfortunately.

 

[Father Ted]

father ted..

my research tells me baker 1 well is being drilled by the nabors 775 rig. my research tells me the nabors 775 rig has also drilled the kunde 2 well.

Agentm,

Oh dear! I'm sorry to say that you really don't understand why people are having a problem with some of your posts.

ft

 

[Agentm]

Agentm,

Oh dear! I'm sorry to say that you really don't understand why people are having a problem with some of your posts.

ft

ok father, as i said before, i am over the kunde 2 well, you can believe what you like, kunde 3 was reported as spudding a month after it was commenced! and you believe the reports coming from eme, i dont happen to. you can rely on your eme reports and i will rely on my research!

 

[fflintoff]

“unclefox posted on hotcopper that a bird told him an announcement is due tomorrow.. i believe that, not because i need proof, i trust the source!!” Yesterday, 09:21 PM

https://www.aussiestockforums.com/forums/showpost.php?p=215100&postcount=2574

So no news whatsoever as expected.by the rest of us!

 

[Agentm]

“unclefox posted on hotcopper that a bird told him an announcement is due tomorrow.. i believe that, not because i need proof, i trust the source!!” Yesterday, 09:21 PM

https://www.aussiestockforums.com/forums/showpost.php?p=215100&postcount=2574

So no news whatsoever as expected.by the rest of us!

Posted By:unclefox24Views:42Post #:2217124 (Start of thread)Sentiment:BuyIP:124.149.xxx.xxxVoluntary Disclosure:Stock HeldNo I admit I got it wrong, however buyers building up late in the day so I would expect a spike late this afternoon.

There are plenty of punters getting on , as its very very close.




there you go.. he got it wrong..

and btw, if he posted a bird told him the same thing right now,, i would trust him again.

oddly enough your not on HC going nuts at unclefox, your just here gloating on a comment i made and usual unable to see tongue in cheek remarks due to your extremely narrow vision..

give yourself a rest flintoff.. theres no need to save the world on a humorous remark uncle fox has been beating up all day on HC,, we all have had some fun with it..

 

[maverick11]

I see there are a few new faces around here...

Hopefully tomorrow we will get some news on some of their projects, and more importantly, kennedy 1H. I know a lot of smart money have moved in on ADI... sitting and waiting. Have a feeling this one is waiting to explode on the back of some decent news. Would be good to see this one finally trading in a higher channel, that's for sure. Only issue is, the operators are clearly controlling the show and not releasing any solid info. I have been wondering and this is just my opinion that when the cat is released, they will simply offer the JVP a cheque. Could be very interesting times ahead.

 

[Agentm]

I see there are a few new faces around here...

Hopefully tomorrow we will get some news on some of their projects, and more importantly, kennedy 1H. I know a lot of smart money have moved in on ADI... sitting and waiting. Have a feeling this one is waiting to explode on the back of some decent news. Would be good to see this one finally trading in a higher channel, that's for sure. Only issue is, the operators are clearly controlling the show and not releasing any solid info. I have been wondering and this is just my opinion that when the cat is released, they will simply offer the JVP a cheque. Could be very interesting times ahead.

at last, someone understands!!

long time no see mav.. but nice return!!

absolutely agree 100% with what your saying, i have seen that theory out there in the email circles, amoungst some very astute investors and observers, and i believe the idea has some credibilty. I have discussed it with adi a few times myself and had mixed responses..

absolutely 100% bang on the money, thanks for a brilliant return!