Australian (ASX) Stock Market Forum

ADI - Adelphi Energy

Eopiela and the photo

I remain unconvinced! I do not wish you to assume I want an argument. I repeat that the location of the rig in the photo could be unknown and hence unproven. Eopiela could be genuine - we each remain anonymous. The RRC detail is available to everyone. Anyone, including President Bush, could post RRC details. Do we assume a poster is genuine according to name?
What we need is photographic proof. If Eopiela can post another photo, it should include evidence of location, site license and operator. Until then, despite the goodwill of Eopiela, the photo must be assumed as having no extrinsic value.
IMHO I hope Eopiela can revisit and take photo evidence – license and operators notice etc. Hopefully a massive flare over the rig!
I would assume,despite any company wishing for a blackout,if the site is within sight of public access, it is open-house for photos. I would also assume any access road would have posted details of reasons for closure.
 
buzz, no one has to prove anything to anyone here, least of all to you..

your not even an adi investor. correct??

buzz i have photos of various wells flaring, pipelines in the region and i can post them if i care to. but there is no need to, i know where the pipelines are and what size they are and whether they are tied in or not to any major pipeline service... i dont have prove their credentials if i post them just as i dont have prove to my credentials if i say i am an adi investor, or if i am a resident of karnes couty or from vicoria auastralia.. your paranoia is very laughable, next every post on every bb will be needed to be proved to you!! get a grip on yourself buzz..

there are rules on this forum buzz..

(1) You are solely responsible for the accuracy and authenticity of your posts, including any alterations made to posts. Any misleading or deceptive information may result in action being taken against you by ASIC or those acting on such information.

if the resident from texas is in breach of anything there are mods here to deal with it, and also there are various institiutions that have relevant jurisdiction over any conduct on this forum..
 
I agree with you agentm why does he have to prove himself.
buzz who are you?....... buzzbuzz100 never heard of it... can you authenticate that name. lol

why would he want to post here now any way? to many want to be cops here.
 
I post here for the same reason that Australian based Agentm is posting on United Kingdom Advfn. Agentm holds shares in Adi and I hold shares in EME. Agentm posts on our UK website and I post on this Aus website. There are other UK holders of EME shares who appear on this ASF board.
Until recently I only read your ASF board. The Eopiela drill-rig photo gave interest but also uncertainty. The same photo was posted on our United Kingdom Advfn board. The photo implied it was proven and could be trusted.
I see no problem in requesting photographic evidence of details. I care not who posted the photograph. In response I received your suspicion. Now I suspect I have detected a weakness. Agentm will know I have read this ASF forum for some time. He has for some time answered my ASF emails which I posted to his box on this ASF site. EME and Adi are JV in Sugarloaf. I hold thousands of EME shares so I also hope Sugarloaf is a proven resource.
It seems odd that many of you are eager to accept any Eopiela photo credited to Sugarloaf. Perhaps it is an Australian trait never to question detail but here in the UK we expect unequivocal proof before accepting anything in the media. I DID NOT ask for proof of identity. I did ask for proof of location which would at minimum; include at the location photographic evidence of operators license and drilling permit. A simple factor you apparently wish to overlook.
I will tell you that when EME drilled Glantal, we did get a photo of the drilling rig, site, license and operator. One of our regular anonymous posters on Advfn was on holiday in Germany. He took his camera. The quality photo pictured the drilling site with operators name and license. We knew it to be genuine; it was photographed at the drilling site showing all the necessary details posted on the gate. :banghead:

PS ... I do not like Australian lager.
 
I post here for the same reason that Australian based Agentm is posting on United Kingdom Advfn. Agentm holds shares in Adi and I hold shares in EME. Agentm posts on our UK website and I post on this Aus website. There are other UK holders of EME shares who appear on this ASF board.
Until recently I only read your ASF board. The Eopiela drill-rig photo gave interest but also uncertainty. The same photo was posted on our United Kingdom Advfn board. The photo implied it was proven and could be trusted.
I see no problem in requesting photographic evidence of details. I care not who posted the photograph. In response I received your suspicion. Now I suspect I have detected a weakness. Agentm will know I have read this ASF forum for some time. He has for some time answered my ASF emails which I posted to his box on this ASF site. EME and Adi are JV in Sugarloaf. I hold thousands of EME shares so I also hope Sugarloaf is a proven resource.
It seems odd that many of you are eager to accept any Eopiela photo credited to Sugarloaf. Perhaps it is an Australian trait never to question detail but here in the UK we expect unequivocal proof before accepting anything in the media. I DID NOT ask for proof of identity. I did ask for proof of location which would at minimum; include at the location photographic evidence of operators license and drilling permit. A simple factor you apparently wish to overlook.
I will tell you that when EME drilled Glantal, we did get a photo of the drilling rig, site, license and operator. One of our regular anonymous posters on Advfn was on holiday in Germany. He took his camera. The quality photo pictured the drilling site with operators name and license. We knew it to be genuine; it was photographed at the drilling site showing all the necessary details posted on the gate. :banghead:

PS ... I do not like Australian lager.


Buzz if are you trying to win an Aussie popularity contest you are not doing very well.

This guy does not have to prove anything to you or anyone - you can beleive him or not that is your choice.

I would advise you to just leave it now. What is the point of alienating fellow jvp investors???.

chill


Tarzan
 
my view on kowalik is that it will be close to completion of the vertical, i had calculated 500 feet per day, but its likely the last 3000 feet would have slowed the average down, i expect news on that in the coming days myself..

good luck to all holders
 
Buz. I accept your explanation for your request. I also accept the reasons why it is drawing criticism from the loyal band of ADI believers. I suggest this matter has had enough comment for now and ask all parties to the debate to put this in the past, refrain from more disruptive comment and relax and wait for a result.
 
nioka, not one of my contacts in karnes has got any problem with the posts that are coming from eopiela. i can assure you if it was inaccurate there would be no hessitation in them letting me know, there are many locals in karnes who are also investors in adi, and should any misinformation come through i know i would be notified immediately..

now i can say that i am 100% certain of the accuracy of everything eopiela has posted thus far, and i can say the photo and information posted by him is as far as i am concerned completely beyond question..

if any holder is not convinced every well that the jvp is about to complete is not going to be hooked up and put on production after completion, then please email or ring ADI and get the answer there, i have, and nothing being said here by the resident of karnes is not completely accurate to what adi have told me and anyone else that attended the recent roadshow.. all wells are going to be hooked up and put on production,, they certainly have not had that experience in the conocophillips wells, and there is only 1 well that Conocophillips have drilled, in which EME is a JVP, that has been put on any production, thats kunde 3. and if you look at the production rates from the well reported and the RRC figures on production its very hard to say if that well is having long term production testing or is being shut in at times.. the latter seems more likely based on the figures i have seen..

its very important to understand that no one was going to be part of this recent ADI capital raising (including ARQ/AWE) unless the TCEI was going to produce immediately from the completed wells, what other jvp partners have promised their investors in their capital raisings for the future wells that capital was going towards is their issue, just do not listen to the Uk doubters whom are on this thread trying to discredit the absolute truth of what is happening to these block B wells.. So again i stress, its very critical to all to understand that ADI has made certain for its investors that 4 wells in a row will be drilled tested and put on immediate production..

final word... photo 100% genuine imho, pipeline hookup and TCEI surveying oepiela's ranch is 100% genuine imho, and all 4 wells will be hooked up and put on immediate pipeline connection thats 100% going to happen IMHO...

by next week i believe the bid process for indonesia acreages is finished..

anyone who wants to lay a bet that ADI wont have 100% take up of the rights issue please PM me, i need some spare cash to buy more adi.:).
 
Re: Eopiela and the photo

I remain unconvinced! I do not wish you to assume I want an argument. I repeat that the location of the rig in the photo could be unknown and hence unproven. Eopiela could be genuine - we each remain anonymous. The RRC detail is available to everyone. Anyone, including President Bush, could post RRC details. Do we assume a poster is genuine according to name?
What we need is photographic proof. If Eopiela can post another photo, it should include evidence of location, site license and operator. Until then, despite the goodwill of Eopiela, the photo must be assumed as having no extrinsic value.
IMHO I hope Eopiela can revisit and take photo evidence – license and operators notice etc. Hopefully a massive flare over the rig!
I would assume,despite any company wishing for a blackout,if the site is within sight of public access, it is open-house for photos. I would also assume any access road would have posted details of reasons for closure.

Buzz,
You are right to be sceptical. This is starting to stink to high heaven as there is so much obvious collusion. It started with the fabricated posts on the mindat thread & now there is an attempt to repeat it here on the ASF thread which is regrettable.
Be very wary of this contrived exchange of correspondence.

http://www.mindat.org/forum.php?read,17,94321,95883
 
come on guy's let it go.

we dont want this board ending up like yours.

this board is heavily moderated fflintoff, so don't be surprised if your last post gets lifted.

mick
 
second time i have had to use the ignore feature on this site..


View Post Today, 04:49 PM

This message is hidden because fflintoff is on your ignore list.


i have to say eopiela there is no problem with you posting on this thread, and i have seen there are a lot of adi investors who post here who value your input..
 
I'd personally love to see more photo's, eopelia - if you've got more that'd be great!

I'd like to see a photo of the general area to get an idea what the whole place looks like - i've not seen concentrated drilling acreage.
 
these are 2 pictures of kowalik being built that i aquired.

below that is the kowalik well as of a week or so ago..

as far as regional pictures go the country is relatively flat, kowalik is actually on a small ridge so it stands high on the horizon and is noticable..

the region has lots of ranches, i know there are plenty of deer farms in the area, where kowalik is there seems to be more pasture and open fields..
 

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Thanks!

See this is what it's about, seeing what's going on so we can feel connected to the shares we've waited so long to see run.
 
Hi Guys,

All of the chat about whether the wells will be put on production and connected to sales or not, and here is proof that they will, and here is evidence that CoP is not (????) over on Block A, has got me all a bit confused.

So far as I am aware, there are 3 completed wells over at Block A. Kunde 1 (the vertical that EME has NO interest in), Kunde 3 that was reported as linked to the sale line months ago, but which may not be under continuous production, and Baker 1, which was shut in for pressure build up whilst infrastructure was being constructed (EME reported in its 2008 Report and Accounts a couple of months back). The plan for Baker 1 (reported) was to separate the condensates on site and to truck them to sales.

The other two wells are Kunde 2 used for monitoring fracturing - there is no suggestion that it is or is about to be completed, and Baker 2, which is being drilled (the horizontal section).

I don't see any evidence from Block A to support any contention that Kowalik will not be producing for sales and earning revenues as soon as possible after successful completion. However, they will need to do as CoP is doing over at Kunde 3 and if they are going to truck 400 tonnes of condensate a day (Agentm suggested 2,500 barrels of condensate a day) they might need to tarmac the gravel road. So constructing the high pressure gas pipeline link might be only part of the story but that doesn't necessarily mean waiting for 2009 before income flow. It might only take a few weeks if there are no planning consent and environmental impact issues to deal with (such as in Europe).

With luck, the compounding revenue stream will start to finance the accelerating drilling programme from next year. Fingers-crossed that we have seen the last of the capital raisings for Sugarloaf.

I have interests in both companies.
 
esteon, lets get technical on this..

1. i am NOT saying kowalik will produce 2500 bbls, i am saying that correctly completed wells are estimated to produce a minimum of 2500 bbls if they encounter the right formation. but having said that i am as optimistic as anyone in hoping for a successful completion..

2. the stuff about the gravel road and trucks not being able to use them.. utter rubbish (sorry to be blunt but it really is nonsense) there is not a site in texas or even a site locally where a tanker cannot access a gravel road to a pad and haul liquids out, the pads and roads are designed for the use of heavy vehicles and loads.. the frac fluid tanks for instance, massive tankers fully laden with liquids.. have no trouble getting in and out.. and a smaller tanker hauling oil from storage tanks on site anywhere in texas, USA or anywhere on the the planet has not a problem..

why suddenly has kowalik got this unique problem?
 
Hi Agentm,

I did not mean to suggest your figure to be a firm prediction. I was more focussed on what it meant in relation to transportation, not to mention temporary storage and separation facilities.

As to roads etc, this was EME's experience in March 2007 in relation to the Margarita project in Texas:

(RNS 19th March 2007): "AIM quoted Empyrean Energy PLC today advises that the first three wells of the six well shallow drilling program ( < 2,000 metres depth) on Project Margarita, South Texas, USA, have been technical successes, with El Viejito #1 and Dos Dedos #1 being gas discoveries and Milagro #1 being an oil discovery.

However, due to winter rains in the last two weeks, inclusive of 8" of rain in
one day, all sites are currently inaccessible until late next week to resume
completion operations, ie Dos Dedos #1 is still awaiting testing and Milagro #1
connection to a sales line to sell the volatile oil (gas) being produced which
should change to oil in a short time period...."

They might not consider it an issue and may be prepared to weather a week or so. The point that I was trying to make was that the installation of a pipeline is one only of the things they need to do to sell the production as is the case for Baker 1. I wasn't making a big issue of it. There was no suggestion in the EME Report & Accounts that the infrastructure construction for Baker 1 was a major operation.
 
next well for conocophillips

OP # 109333 - BURLINGTON RESOURCES O & G CO LP
Pending Approval , Submitted 08/12/2008 , Filed Online

MARLENE OLSON - Well # 1
02 - LIVE OAK County New Drill
Vertical

listed as a vertical.. having a look!
 
I'd personally love to see more photo's, eopelia - if you've got more that'd be great!

I'd like to see a photo of the general area to get an idea what the whole place looks like - i've not seen concentrated drilling acreage.

Here is another picture, taken from our property, that shows the rig and the land around. The rig is in an overgrown wooded area across FM 2102 from our property.
 

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