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Well hopefully my last post has sorted out so call...

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WhiteNoise

6,650 Posts.

27/11/14

12:45

Post #: 14364002
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Originally posted by CH4 ↑

WN. Wrong again on so many accounts. You are claiming that you are an oil and gas explorer. You also claim that you have read all the announcements, however you compare US shale well decline rates to likely decline rates on SEH PSC's (lol) You are so confused that you claim that each SEH well is going to cost $5mill each (um only if they only drill horizontal wells from now on). You were confused as to whether SEH was TGS, CBM or shale not too long ago. You claim 4 pilot production efforts when this is only the 2nd one.

You have one fact correct, there has been no decline rates released to the ASX via announcement.

You continually insist on proof from other posters to substantiate their posts/opinions etc however you often don't do it yourself. I'm still waiting for the proof regarding the 3 previously failed pilot plants that you keep talking about. Maybe you don't respond to the requests for this info because it doesn't exist? You also neglect to respond to requests for reasons why you consider the need to downramp this stock on a daily basis, and regardless of what the moderators say, continual negative posts based purely on a hunch that decline rates are going to be high, SEH's current pilot production program will fail and that SEH's wells are not going to be profitable, would constitute downramping in nearly every reasonable person's opinion.

WN, it would be much appreciated if you would consider the possible consequences of your hunches and misinformation (referring to previous accusations of failed pilot programs!).
Nobody here is claiming that declination rates for SEH wells have been released via ASX announcements and I'm not convinced that they will be overly relevant due to the vastness of the PSC's (3000km2) and roughly 20 pay zones that they are likely to derive gas from.

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Well hopefully my last post has sorted out so call misinformation.

SEH Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
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