Australian (ASX) Stock Market Forum

ADI - Adelphi Energy

selling?? you'd have to be mad!!! ha ha ha. you are a funny chap agentm. only a couple of hundred feet in with multiple gas shows already... even if hossten is dry the speculation should take ADI over a dollar in the next few days. im looking forward to the closing rally on this one! everyone will want to hold for the weekend!

It was one of your initial posts that got me interested on this one agentm. :)
 
Guys n Gals .... I gotta say - it's a real nice feeling to be in on this one. Even for my measly amount. Let the band play and the beer flow!
:band :bier:

Obviously theres a long way to go for ADI and all of us investors - but there's no denying - it's looking pretty damn fine now and collectively - we've done well. Thanks to all who've generously shared info, ideas and enthusiasm to all and sundry!!


The power of ASF is awesome.
yeehah...:pimp:

-dukey
 
although i hate having to celebrate,, i feel the urge to buy another fine shiraz and chill out and enjoy the evening..


my call this week is that we can expect everything that texas crude has promised to be delivered..

couchy said 15 years in the making.. imagine having this one on ice for 15 years and then it becomes what it is today
 
With the exception of 5ft ( 18320ft - 18315ft ) they have a continuous aggregate shows section of 149ft over this first 48 hours period.
 
interesting post on HC i thought people might like to read. note yesterdays announcement (friday 10th) said they were drilling ahead at 18476 feet with more gas indications between 18320 and 18445 feet..... : :)




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Seems like Charles Couch is posting again. From the Empyrean thread :-
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Safiande - 10 Nov'06 - 18:06 - 17416 of 17437


I ´ve checked out this post which originated from "represent" on the iii thread & I believe that it is 100% genuine. 8ft per hour is about 180ft per day allowing for a spot of down time so the depth of 18636ft seems to be bang up to date i.e. early morning 10 Nov ( TX ). It means further gas shows to at least 18580ft so the gas sections seem to be fairly continuous over the first 72 hours of drilling - Shows on 9 Nov until 18,445 feet.
Also might mean that Couch feels less gagged as the news is filtering into the public domain.
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bigloz - 10 Nov'06 - 15:22 - 17295 of 17404


found this on iii


I RECIEVED THIS FROM COUCH OIL:

Drilling ahead at 18636’ – 8 FPH – 15.1 ppg MW – 210U BGG

GAS SUMMARY

METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529

i HOPE THIS HELPS
 
My cheeks are sore from the massive grin that ive had since thursday. :D

Are there any experts out there who can convert the numbers above (God-bless Couch) into laymans? What are the units? This Sugar baby is looking sweet...I love it.

Good-luck adn dont sell to cheap this is going to be worth a fortune.


Conman

PS Just in terms of couch's authenticity...would he really be making these sorts of announcemetns. I thought his tongue would have been surgically removed by AUT ect about 3weeks ago?
 
conman said:
My cheeks are sore from the massive grin that ive had since thursday. :D

Are there any experts out there who can convert the numbers above (God-bless Couch) into laymans? What are the units? This Sugar baby is looking sweet...I love it.

Good-luck adn dont sell to cheap this is going to be worth a fortune.


Conman

PS Just in terms of couch's authenticity...would he really be making these sorts of announcemetns. I thought his tongue would have been surgically removed by AUT ect about 3weeks ago?

The new couch quotes do seem real - will do a bit more digging into it over the weekend. What a Feeling!!!!! EME finally awakened in UK starting to move fast as well. I expect some press attention this weekend - Like possibly the largest O&G find in the Onshore USA for 20 years - Dream on guys - it is happening. cheers
 
tarzanhey said:
The new couch quotes do seem real - will do a bit more digging into it over the weekend. What a Feeling!!!!! EME finally awakened in UK starting to move fast as well. I expect some press attention this weekend - Like possibly the largest O&G find in the Onshore USA for 20 years - Dream on guys - it is happening. cheers
------------------------------
Tarzanhey,
Can you confirm the C1 Methane figure of 60360 units? If so we are millionaires!
:eek:
 
Hi Fflintoff, I'm thinking it might be a typo because if you look at the figures on the right which I suspect are the depth of hole at the time, it seems to be missing a digit. That may or maynot be part of the C1 reading. Hope I'm wrong

METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529
 
:confused:

Re: Couch numbers?

To calculate Hydrostatic pressure using couch numbers =
18636ft deep x 15.1 pounds per gallon x 0.052 = 14632 psi

Do we have any experts here to check my calculations.

My understanding is that blow out preventers shut in earlier then that?

Not sure if I am stabing in the dark or we may have some very high pressures down the hole? Hope this thing is not going to blow.
 
Re: Couch numbers

The readings that couch is giving seem consistant with other deep gas wells
Methane 94%
Ethane 5%
Propane 0.01%
So if the readings are 60360 units against 40 units background :D
My concern is the high MW required. 15ppg is cement slurry.
 
kevro said:
Hi Fflintoff, I'm thinking it might be a typo because if you look at the figures on the right which I suspect are the depth of hole at the time, it seems to be missing a digit. That may or maynot be part of the C1 reading. Hope I'm wrong


METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529
------------------------------
kev,
Ignore the RL result earlier. AAAAAAAAAAAAAAAARGHHHHHHHHHHHHH!
On topic the depth is a typo but the C1 figure could be correct. From the Empyrean board.

"There isn't an anomaly in the readings they are well within the range of the previous logs. That's not gas units it looks more like the ppm similar to the Austin chalks. I don't know how reliable that information is or the source, but it would fit into the previous readings from the secondary targets, some of which went off the chart i.e. in excess of 100k ppm. We'll soon see on monday how accurate that is if there is an announcement of significant further gas shows. Its possible for sandstone to maintain porosity as high as 16% but I've no idea where that figure is coming from. If we get at least a further 70ft i.e. 200-300ft and any mention of good porosity or pressure and we can start to smile quite broadly. A massive find here and EME has room to travel and travel fast even at a 6% wi. If we are heading in the direction of p10 we can all celebrate to sitting on a potential milti tcf target. £1 would only be for starters. Flow potential of 500boepd net to EME and we'll be on fire. Not without risk until flow tested, but the more units of gas and gas shows the better at this stage, we're still tarvelling rosy at this time. If couchy is verified again on monday from Oz partners we should look forward to a good week, obscene profits and a bit of the old vertical."
 
couchy report is difficult to understand.

i look at it and read it all different ways and get all sorts of wierd figures from it.. i cant make sense of it..

its sometimes hard to focus on why i invested in adi.. i did it for the secondries,, and thats where i keep my ultimate faith in so far.. but the hosston sands are creating a great deal of conjecture and excitement..

monday will tell us if the news and rumours are credible, and despite the unmistakable significance of the gas shows in the primary, its still early days.. if couchys gas shows put this well in the P30 range then time will soon tell us, but many factors still have to come into play..

will the price fly on speculation or remain solid as it has on the more known facts...


monday will deliver answers even if no further announcement are made..

i hope for the best like everyone, but i urge caution on the couchy announcement,, i have not seen it posted in its entirety, and i have not heard anywhere where it came from or was it genuine..

these posts are some from Uk i have noticed



UPDATE---having encountered very little resistance at the 2 upper areas of interest, it was thought necessary to move on on to the lower primary area of interest which to my delight was showing clear signs of condensate, this area was first reached at 00:00AM on saturday 11/11/06 having aproached from a number of angles over a 4 hour period it was decided to remove all tackle and allow levels to increase back to there original state before comencing any further penetrative options. Confirmed as a gusher @ 00:45 also after the curry gas levels increased dramatically, and a burn off flare was deemed necessary. no semi permeable membrane was used due to the partners foresight in taking necessary precautions. Needless to say this is just the first of what looks likely to be many productive sessions, the partner as now left moving ahead at an increased 9ft per hour so is likely to be at target just in time to start the return journey by Monday 8AM

Jackohelp,
Orignal was posted on here by "Represent " at 15.12 yesterday afternoon.

DRILLING UPDATE
represent
15 12 Fri
I RECIEVED THIS FROM COUCH OIL:

Drilling ahead at 18636’ – 8 FPH – 15.1 ppg MW – 210U BGG

GAS SUMMARY

METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529

i HOPE THIS HELPS.



looking forward to monday in any case!!

cheers
 
Agentm said:
couchy report is difficult to understand.

i look at it and read it all different ways and get all sorts of wierd figures from it.. i cant make sense of it..

its sometimes hard to focus on why i invested in adi.. i did it for the secondries,, and thats where i keep my ultimate faith in so far.. but the hosston sands are creating a great deal of conjecture and excitement..

monday will tell us if the news and rumours are credible, and despite the unmistakable significance of the gas shows in the primary, its still early days.. if couchys gas shows put this well in the P30 range then time will soon tell us, but many factors still have to come into play..

will the price fly on speculation or remain solid as it has on the more known facts...


monday will deliver answers even if no further announcement are made..

i hope for the best like everyone, but i urge caution on the couchy announcement,, i have not seen it posted in its entirety, and i have not heard anywhere where it came from or was it genuine..

these posts are some from Uk i have noticed



UPDATE---having encountered very little resistance at the 2 upper areas of interest, it was thought necessary to move on on to the lower primary area of interest which to my delight was showing clear signs of condensate, this area was first reached at 00:00AM on saturday 11/11/06 having aproached from a number of angles over a 4 hour period it was decided to remove all tackle and allow levels to increase back to there original state before comencing any further penetrative options. Confirmed as a gusher @ 00:45 also after the curry gas levels increased dramatically, and a burn off flare was deemed necessary. no semi permeable membrane was used due to the partners foresight in taking necessary precautions. Needless to say this is just the first of what looks likely to be many productive sessions, the partner as now left moving ahead at an increased 9ft per hour so is likely to be at target just in time to start the return journey by Monday 8AM

Jackohelp,
Orignal was posted on here by "Represent " at 15.12 yesterday afternoon.

DRILLING UPDATE
represent
15 12 Fri
I RECIEVED THIS FROM COUCH OIL:

Drilling ahead at 18636’ – 8 FPH – 15.1 ppg MW – 210U BGG

GAS SUMMARY

METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529

i HOPE THIS HELPS.



looking forward to monday in any case!!

cheers

sorry to dissapoint you guys but the blue part is a joke about one of the BB contributors having a curry and then having sex with his girlfriend.
 
Morning Agent M, just wondering about the term gusher used before. At what level is something termed a gusher. Trying to stop my mind running ahead by clarifying terminology.
 
tarzanhey said:
sorry to dissapoint you guys but the blue part is a joke about one of the BB contributors having a curry and then having sex with his girlfriend.

One sniff of gas and the EME thread in UK is awash with scum - trying to short the stock down with total crap.

I posted this - Hope you find it amusing.lol

its funny isnt it when things are looking up how all the cockroaches come out of their holes to try to eat the crumbs.

that reminds me where is my bug spray?

Oh yes here it is - SUGARLOAF BUG SPRAY - THE PROSPECT BRAND - funny it smells just like gas - why I believe it is,lets have a quick look at the contents on the tin.

Methane 94%
Ethane 5%
Propane 0.01%

use with extreme caution may burn your shorts
oh good it really is GAS.

In that case where is my lighter, i am sure it was here somewhere.

Oh yes here it is.

Come here you little cockroaches have a little spray of this nice SUGARloaf Gas, thats it thats it just a little more - and flame on !!!!!

Oh dear you are burning you short little bugs. Now get out of our ****in kitchen!!! lol

With Love and deepest sympathy to all you shorters from Tarzan
 
its the gas summary that i find confusing..

i understand the second post,, thats what i am pointing out,, people can post anything..

my interest is the couch gas summary.. is it a joke or not?

if there is truth behind it i want to see the complete summary..

i maintain the same view on the secondaries, and see no change in the primary other than its drilling away and coming up with good numbers..

cheers
 
sorry kevro,,

i posted things that are both alleged as true and alleged as great night with a girlfriend!!

there is a lot of hype flooding through... and a lot of conjecture..

assuming is one thing,, but seeing is believing.. i want to see where these numbers came from..

my interest is in the couch numbers.. i am trying to understand its source..

can anyone shed any light on it..??


all couch material i have seen came from couch.. where is the complete report? was it part of a summary to investors??

cheers
 
kevro said:
Hi Fflintoff, I'm thinking it might be a typo because if you look at the figures on the right which I suspect are the depth of hole at the time, it seems to be missing a digit. That may or maynot be part of the C1 reading. Hope I'm wrong

METHANE (c-1) 60360 @ 1829
ETHANE (C-2) 3203 @ 18580
PROPANE (C-3) 396 @ 18529

Soemthings up with that first line... a digit is missing from the depth and not sure if those gas readings are ppm or units. If it were 60,360 units then that is 600% which isn't possible. If it's 60,360ppm then that is 60% which is great. That line may be incorrect in whole though, so we're wasting our time guessing.

3203 units = 32.03% or 3202ppm = 3.2%. So far I've seen both reported so take your pick, but from a preliminary drill rig perspective they're more likely to report in ppm
 
i value you input over everyones maverick

i think it cant be what it says,, its insane..

time will tell..

stick to the stock on the secondaries,, and watch for the source of new information.. there are motives behind posts in some cases..

GDN had a director hyping the stock. what chance did the mug investor have??

be careful on what is being posted..

cheers
 
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