ADI - Adelphi Energy

[tarzanhey]

great news tarz

i will map it and post it a little later, but the program of drilling looks great to me..

i expect an update tomorrow on kowalik, and it would be an opportunity for the jvp to announce officially these wells to all their shareholders..

Would be a great time to announce them I agree - however I think they may await the approval - Busy times ahead!

 

[Agentm]

wisteria is now 4 days in..

Kowalik must be drilling horizontal

next permit from TCEI is Reckling 1H

 

[Hatchy]

Isn't it interesting how people who blow their own trumpet seem to always choose nicknames that when you add "off" to the end it makes sense.....

Buzz Buzz like the bee.

"I'm very wealthy already" - well good for you buzz buzz - now have some positive input or .... off

 

[Agentm]

put them on ignore hatchy.. just click on their user name and then add them to your ignore list.. adi has plenty of things happening and thats where the discussions should be on the forum..

wisteria - potential company maker
sugarkane - potential company maker
indonesia
yemen - “Botten said Oil Search would refocus on the organic growth program for its remaining MENA assets (i.e. Block 3 and 7), and each licence there has substantial upside potential, prompting further evaluation and de-risking.”

 

[Hatchy]

Thanks Agent,
I didn't know about that ignore function, clicking on their name didn't bring it up, but through the CP I was able to work it out.

I would like to hear if yemen is just going to sit in the wings until late next year when the current wells have been done with, or will they try to tackle it also at the same time.

I can see ADI has a fair bit on it's plate, but it's not an operator on any of the current prospects is it?

Just have to patiently wait.

Hatchy

 

[Agentm]

Thanks Agent,
I didn't know about that ignore function, clicking on their name didn't bring it up, but through the CP I was able to work it out.

I would like to hear if yemen is just going to sit in the wings until late next year when the current wells have been done with, or will they try to tackle it also at the same time.

I can see ADI has a fair bit on it's plate, but it's not an operator on any of the current prospects is it?

Just have to patiently wait.

Hatchy

ADI is not operator in texas but they have their people on the ground there and all the shareholders interests are closely watched.. cant speak for the other jvp's but i do believe both ADI and AUT are doing a lot of work there to make sure things happen smoothly


yemen has a little while to go, the 3d's are to be reporocessed, and oilsearch is the operator there, they have a lot of experience in the M.E. so imho adi would not be as effective there as an operator as oilsearch is.. remember that oilsearch divested most of their leases except a few, and bloc k 7 is one of them.. theres a lot of upside in there imho.. wait a while for the 3d's


indonesia i believe will be ADI's first operation where they will be the operator if the bidding goes well.. so something to look forward to there..

wisteria is in the timor sea, and no one would expect anyone other than coogee to be operator there.. they have the expertise, the planning and the right stuff to complete the work they are doing, very impressive outfit..

 

[estseon]

That's very interesting (about ADI having people on the ground).

I doubt that EME has anyone to send out there (to Texas) although Tom Kelly and Frank Brophy quite possibly pay visits. Even the new FD is non exec.

 

[sam76]

Mate, that's pretty childish posting up pm's like that.

Doesn't give any support to your argument.

Keep PM's to PM's please.

 

[mick z]

i don't understand what your trying to achieve here buzz..... why would you want to post a private email ? that is between you and agentm its only making you look worse, now no one will trust YOU including your uk friends.

no wonder the Texans wont post here any more, that's two for two now buzz.

lighten up buzz.

 

[buzzbuzz100]

Emails from Agentm

I make it quite clear that those emails came unsolicited. I question who is the child.
If members wish to state their viewpoint, why do so in a menacing manner?

 

[tomcat]

3 more permits were submitted by Texas Crude for Karnes last night:

Rudolph
Gonzalez
Albert Esse Heirs

add this Weston and Recklin and there is definately something afoot in Texas.

Looking forward to seeing Agents map now.

Its all happening!! Some very interesting wells coming up!!

 

[estseon]

tomcat

over on Block A there is a new application for Kunde 4 (submitted 19th) as well. That is a total of 6 within a week. What is happening?

 

[Agentm]

tomcat

over on Block A there is a new application for Kunde 4 (submitted 19th) as well. That is a total of 6 within a week. What is happening?

the number of permits in block A would indicate 12 months of drilling with one rig imho, if you managed to complete each one in 60 days, which we have not seen on any well in the sugarkane thus far.. i think the possibility of two or more rigs for TCEI in the near term is more than likely.. look forward to any announcements on that front from the jvp..

there is now no doubt that TCEI is embarking on an extensive exploration program into the acreages.. remember the minimum TCEI expects is 2500 bopd on wells completed into regions with natural fractures..

 

[red rats]

Buzz,

all this is not helping. I very much value agentm's input on the ADVFN EME BB. It would be a real shame if bad blood were to spoil this relationship.

Emails should never be posted on a BB unless both parties agree, c'mon mate you know this.

Ratty

 

[Agentm]

the 3 permits TCEI put through are on the map i will post here..

interestingly they are quite long completions , gonzales 1h is listed for over 6000 feet and the Albert Esse Heirs 1h is listed for a 7083 foot horizontal..

wisteria is now at 1670 meters

 

[Gspot]

And with all this action, the sp drops 13% today, though on small vol. Would love to know the reasons for getting out now.

 

[Hatchy]

I agree, there's very few reasons for getting out now - other than people just needing the cash. They might have bought in at 32c and are just taking a profit today to cover some other venture. Who knows, it's not related to prospects though - you'd see far higher volumes.

 

[solomon]

I was just reading the AUT progress report and encountered something that I either missed in the ADi report or wasn't in the ADI report

The Kennedy #1H well .... The Operator is currently installing a production facility and the well will be tied to a nearby gas transmission line.

Was anyone else aware of this?

I know Kennedy was producing small amounts of gas, but perhaps this well is more positive than anyone is letting on.

 

[Agentm]

I was just reading the AUT progress report and encountered something that I either missed in the ADi report or wasn't in the ADI report

The Kennedy #1H well .... The Operator is currently installing a production facility and the well will be tied to a nearby gas transmission line.

Was anyone else aware of this?

I know Kennedy was producing small amounts of gas, but perhaps this well is more positive than anyone is letting on.

the production facility was put in to basically separate the condensate from the gas.. it means only gas is being fed into the pipeline and the condensate is being trucked away from the site..

essentially ADI is a producer, but the well is producing at very marginal rates. the upside is that there is a return in revenue for the wells completion right now. Althouhg there is no plan to frac the well immeidately throughout the entire horizontal completion, the well is not optimally completed for chalks production, it was never intended to cement the casing in kennedy, but circumstances during the drilling obviously required this to be done..

kennedy 1h demonstrates the chalks formation in our acreages are able to produce, which is why there is a sudden intense drilling exploration program in place by TCEI.. the next wells will be completed optimally, with open hole completions and slotted liners to get maximum connectivity to the overpressurised formation.. if you read the EME report on baker 1 and how complicated the completion is there.. once that well is cleaned up i am sure the marginal rates so far reported will be upgraded to staggering rates of production..

kowalik is now on a lot of peoples radars... any indications there of formation wanting to flow will bring a lot of immeidate reaction to the buy side on adi imho..

 

[solomon]

kowalik is now on a lot of peoples radars... any indications there of formation wanting to flow will bring a lot of immeidate reaction to the buy side on adi imho..

I hope it is on people's radars AgentM because it wasn't on their buy list's today. But I guess I can't complain because I topped up today and if Kowliak or Wisteria turn out well (excuse the pun) then today was a great day for me.

Best of luck to all holders.