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Thanks KP4 - Your find promted me to investigate further... Below gives a clear methodology and reason why Natural Fractures can't always be seen in the geology and the dangers of them whilst drilling.
https://geology.utah.gov/map-pub/survey-notes/utahs-emerging-northern-paradox-basin-unconventional-oil-play/
The Auctus note states The State 36-2 LNW-CC well in the Paradox basin encountered a significant influx of natural gas and condensate from the Cane Creekreservoir.
CONDENSATE - https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/condensate/
Google is a dangerous tool and can be misread... Please don't shoot me down... Its Curry night!!
Out most of day so only odd glimpse on mobile.... Great to see this now firmly into the 7's....
More news next week hopefully and a clear vision as to where we are headed.
Have a great weekend all... Fab views over to the the Southern Lakes from Fleetwood today.
I sent a thoughtful message to the Bod and Team this morning and as you say Kenny the drilling of 36-2 must of been very challenging and probably still is.... I wasn't expecting a reply to my message but received the following:-
Many thanks for your message which I will pass on to Colin.
The sentiment in your message is really appreciated and we continue to do everything we can to keep the well stable and our operations safe.
Best,
Chris Eadie
(CFO)
Good luck all - I think we are in safe hands.
Apoligies about the cut and paste but this just needs to be communicated again and again:-
' the result is we now have confirmed hydrocarbon presence, significant reservoir over-pressure and the presence of a highly permeable natural fracture network at this location - all very encouraging signs for an economic and productive well.'
Well, Well, Well - to all the Bed Wetter CH has done it again.
Whilst sending the great news he has simply told the BW's that he has more important things to think about than being a few days late. Thank goodness everyone is safe and all under control.
Now let them get on with it.... it now needs careful consideration as to what to do next so it isn't goingto be soon. But we do know its a GUSHER.
Well done CH and Team
Chart looks good over last 6 months with th SP continuing on its steady rise. Long May it continue. Lots of structure to get in place over next six months - then sp should really take off as resource figures show dramatic increase.
https://forums.moneysavingexpert.com/discussion/5519532/matched-bargain-service-for-delisted-shares
Further to my previous post on Lionsgold (now TALLY)..... IWEB transferred my Lionsgold shares from my ISA into my standard share dealing account on delisting.
Lionsgold then changed its name to TALLY..... IWEB subsequently made the name change in my account and the shares are still held on my account but not showing any value.
I am presuming the same will happen to my DEV shares and possible name change.
I have been reading up on Matched share brokers and the below link highlights some of the pitfalls.
GLA
Hope this helps
I have just received this Corporate Action on my IWEB ISA Share account - Think I will hold off doing anything until further news from DEV
DEV CLEVER HOLDINGS PLC - Important Information
Proposed Cancellation of Listing on the London Stock Exchange (LSE).
Important Information & Other Key Dates:
Dev Clever Holdings Plc (DCH) is proposing to cancel its listing on the Official List, and the admission of its Ordinary shares to trading on the London Stock Exchange's (LSE) Main Market for listed securities.
Subsequently, the Cancellation is expected to become effective on 18th January 2023.
You should be aware that if you have not sold or otherwise transferred your shares prior to the Cancellation of Listing, you will not be able to sell or otherwise deal in them on the LSE after that time.
If the Cancellation becomes effective, the DCH shares will no longer be listed on a Recognised Exchange and will no longer qualify to be held within an ISA product. Should you hold these shares within an ISA, we will transfer your DCH shares to your Share Dealing Account once the Cancellation becomes effective. If you do not have a Share Dealing Account, we will arrange to open one for you.
The Directors intend to create and maintain a matched bargain settlement facility details of which are yet to be announced. Once the matched bargain facility has been arranged, details will be made available to shareholders on the Company's website at www.devcleverholdingsplc.com/
Regrettably we are unable to facilitate trades using the Company's matched bargain facility. Should you wish to use the Company's facility following the delisting, please refer to the DCH website or contact DCH for further information on the process.
Please be aware that you may be required to transfer your shares to a Broker that participates in Matched Bargain facilities.
Should you wish to withdraw your shares onto a certificate, please contact our call centre so that we can arrange for this to be done. If you wish to transfer your shares you will need to establish an arrangement with an alternative broker who will then arrange the transfer. Please note that normal charges will apply.
If you wish to transfer your shares you will need to establish an arrangement with an alternative broker who will then arrange the transfer.
Should you retain your holding of DCH, we will notify you on receipt of any further information from the Company.
Should you wish to find more information about the Cancellation, please visit the DCH website, www.devcleverholdingsplc.com/
barnard, I would say Yes! however Tally is really struggling to raise the money to re IPO even though it is a currency directly linked to GOLD.
The most difficult thing to take over the last four years have been the false promises....But! will it have a happy ending.... Fingers crossed.
Further to this the company (Tally) issues its own RNS's via the shareholder section of the company website and regularly holds live company Q and A session online. (The company is the pits and have led shareholders a miserable time.....it remains to be seen if they IPO in Q2 2023) and I can get something back.
Note - The CEO of Tally also promised a shareholder Bargain Basement solution - we still await that!!
I was unlucky enough to be invested in Lionsgold (Tally).... When delisted the shares moved from my ISA into Standard Share account.
The company is still de-listed, however the shares are still showing in my Standard Account as TALLY after four years.
(Hopefully they will re-list this year).