A White-Knight is 6 yrs overdue. But Clarky won't give into it...

A White-Knight is 6 yrs overdue.
But Clarky won't give into it in my opinion, for this Directorship (chosen career??), is bread and butter value.

Who's knocking, who's closing the door?
Is there any noise or action at the door at all?
At this point, it is someone who is not happy with the flow rates and not a White-Knight, unfortunately.
Building value has been the key 'mission' for the last 8yrs.
And every time they fail new Reserve Report is issued.

HCRABOC,

Can you please discover what the figures were from P & N Petroleum and/or what happened there around 2007? The reason i ask is because i was informed tha they were sacked and replaced.
Whatever went on may offer the forum a wider field of view - while this thing is under the microscope...
And discovering that info might bring better understanding of the fluctuating levels of Gas and Water (mainly water is the concern) for the reserve from 2yr to 3yr periods...right back to about 2004 would be handy.

I have the opinion that if it continually changes, then it is subject to drainage or leakage into a neighbouring field. We are left guessing again.

It would be nice to be on the front end of decisions, not the back end, forever playing catchup for decisions that have already been made and failed/been abandoned.

Water & Clarke. The problem could be the continuity factor that remains to this day - the Clarke factor has been there right from the start. Who was responsible for 'full steam ahead' approach that caused the wells to become 'Hydrated'? And who insisted in 2008 that 20million cubic feet would be assured by Christmas?

I think someone also blew the holy hell out of the holes with Nitro Glycerine once and made an irrecoverable mess of laden areas...

These are fundamental issues that make a re-float pointless, unless they are remedied. Yes, i say remedy the Clarke Factor as it has been there from the beginning and problems have followed this boats Captain from the start.


I so wish you guys could get something back from this mess but i do not think he can deliver it, for he never has to date.