ITC 0.00% 8.2¢ impress energy limited

gonna do a tui, page-7

  1. 559 Posts.
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    Slampoil,
    a good post and I agree with you.
    However.... and I should also have replied to Tui.
    Maybe I am a bit thick and not up with the play but...
    Can someone ,you or Tui or anyone in a reasonable manner explain to me Why the following Fact's occurred last year.
    1. Snatcher oil production was delayed repeatedly.
    2. The pump that Vpe put on Snatcher 3 was inferior and from day one was not going to be up to delivering a flow on pump as would be expected. That was confirmed to me from a good source . Impress was not aware until after the fact. A subsequent Vpe ann confirmed the pump was not up to the job.
    3. Despite "JK's Good oil statement" some info was with held from the market last year for some time.
    4. Fact..JK and Vpe had made many statements early last year of Growler 2000bopd but chokes and production from the field was held in check. The water cut did not increase to any extent yet the flow testing over a extended time did not result in any explaination or increase.. Fact.
    Vpe gained Roma 20% with a swap and cash based on the then production of the field and what other criteria I do not no..
    So either Vpe should get the Wally of the year for management... or You tell me what other reasonable conclusion you should make ..
    I look forward to more informed people than me to explain what is a reasonable conclusion of the facts. Thanks 247
    All that is fact and you can not moderate or shoot me in the foot for factual statements.
 
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