Walaweii..back to 0.8 region ka?

r u sure ahh? how to take off? not much volume queuing to buy...

I thought speakup says sell on news.. sigh..;(

should buy more or sell?

wa tunggu punya tunggu bila la ini instacom mau 'meletop'

ya ya.. see u all tomorrow..wa mau pi massat dulu..

I guess am oso wanna wish bye2 to ivan coz am stupidly queuing at 27

ramai nya que to buy at 27?

saw a lot of selling after resume but price still stable at 28?

aiyaaa...run or stay ni? pening lorr..

wowo..comcorp sudah jatuhhh

shoot..wat happened?

oil found but the volume might be small thus marginal for development. Most drilling nowadays comes with logging while drilling tech..can get result faster. Calculating volume just a matter of putting numbers into a spreadsheet.

or possibly there is little discovered volume only? that's why need to strategize wisely..?

any news dude?

why dropping like ICON trend waa? ...SPAC shudnt be like tis?

I've seen a glance of the new field candidates data...quite encouraging...am ready to que... ;)

who's t dentist?

tumpang lalu...icon up a bit...i sold all...plan to camping here... spare me some space pls...gg

focuz bro, I read and not only that, I also did some thinking...do u know how many active/producing well now in Roku and what is the prod rate today? I doubt if it is producing 200 bopd and I even doubt if Suma can ramp up the prod without doing nothing...(they r doing some workovers and new sidetrack drilling? > what are the result?)

many ppls in this forum just twisting facts to become a fairy tale...i suppose it's their 'job' after all...


focuz Posted by ngengat77 > Jul 22, 2014 11:43 AM | Report Abuse

ramp up Raku prod fr 200 to 6000-8000?? like open tap water mehh??? zzzzz
==================================================
@ngengat: Wan to teach u also susah leh bcoz u nvr read. This end year 2K-4K is on track...Sumatec better than Puncak & Syabas turn on water for Selangor, if u dun knw yet...This one time I show u onli. Read OK!

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The Star Business News, entitled “Sumatec details funding for new Kazakh assets” dated 18 July 2014.

Reported : “Dalton said upon completion of the purchase of the two assets, Sumatec intended to ramp up production and in three years’ time he reckoned Sumatec, with all its other oil and gas assets, would be able to produce about 3,500 barrels of oil per day.”

Correction : Dalton said upon completion of the purchase of the two assets, Sumatec intended to ramp up production and in four years’ time he reckoned Sumatec, with all its other oil and gas assets, would be able to produce about 25,000 barrels of oil per day.

ramp up Raku prod fr 200 to 6000-8000?? like open tap water mehh??? zzzzz

prob going in back 0.39

luckily i already exit at 0.43...

@fifijalal : westport case maybe different bro, as long as the port is running then it's ok...for Icon, having lot of vessels doesnt mean anything if cannot secure contract! until today no news... :(

with B% dropped from 68% down to 66% how will the train break 0.43 before end today? or simply change the target to tomorrow perhaps?

@focuz: yeah..idiot me...its true...

@focuz: lucky is not on my side when i decided to spin the wheel of Icon...though I really like the sounds of the joke..'kena con'...at tat time, Suma not much 'shine over me' aura...I over looked...hehehe...

@focuz : am an engineer...cannot run away from analytical...numbers vs. numbers...all must equal and acceptably reasonable before making conclusion...or else am a dead loser...

@Stonenut : when i say, am trapped with Icon...tat's mean I cant set my cut-lost or else am really a dumb in shit...the sum is more than duit raya bro... if small, I just sell all and dump everything here in Suma..

@akuree : i did some research based on some of the materials given by hhakim yesterday. Based on the reserve data, I feel like something is fishy espcially when nobody can't acurately answer how much is current production is. Ideally the well productions shud reflect how much is the actual reserve!

@fifijalal : I dah 'kena con' by Icon...now trap no where to go...dont want to repeat the same mistake...I know Suma got potential since it's an E&P player but how good is it? Good in 'goreng' share holder doesnt mean a good investor...

@Ayam Tua : Sang Jero mantra almost sounds like Infinite acting during a well test...the tungguuuuu 'uuu'...can be translated into forever...I prefer to hold a pan while cooking Ayam Tua masak kicap...at least I know I can sure eat it during buka puasa nanti...ekekekeke...

Ayam Tua...am try to imagine 'ayam pencen' masak kicap right now...full with taste & flavor, but hard to eat...no like lorrr...;)

and can anyone tell me what is the current production? i read fr somewhere yesterday only 150 bopd? Can today 150 bopd increase to 2000 bopd in a blink before end 2014? come on, i need a stronger evidence before I decided to take the full ride....

Goreng goreng...habis semua jadi bilis goreng...hiris bawang, tuang kicap...sedap makan panas2...hehehh...am reserving myself until sumatec can really prove tat they can achieve 2000 bopd before end 2014 from Rakushechnoye Field...and tat's a small O&G player...bullsh*t...

Goreng goreng...habis semua jadi bilis goreng...hiris bawang, tuang kicap...sedap makan panas2...hehehh...am reserving myself until sumatec can really prove tat they can achieve 2000 bopd before end 2014 from Rakushechnoye Field...and tat's a small O&G player...bullsh*t...

luckily i didnt spent all my honey into tis 'i kena con'...managed to gained some from susumatek...damage control, damage control...

speakup...in another word, we the poor supporter got back stabbed by our trusted 'i kena con' owner ka? is tat true?

acyk...yes, i agree with you. U got a point there. To achieve 2000 bopd via workover of 12 plus drilling 3 sidetrack wells within 2014 is quite a high 'dream'...the first workover well already took about 1 month...the remaining 11 wells? and the 3 sidetrack wells?

something is not clear about the actual Rakushechnoye field performance...

thanks tuan...good info, but i wonder about the low 1P reserves (5.2 mmstb) for the oil and also surprising low RF (25%) for the gas/cond (technically). I guess need more effort to improve the gas/cond recovery in future.

hhakim...do you know what is the remaining UR in Rakushechnoye field? tq..

looks like no more momentum ka?