Longford Energy Inc V.LFD

Keys Facts we know so far

[EOIM]

- from Jeribe reservoir map, management used polygons to show the closure of the Jeribe Reservoir. What that implies is that the oil has not migrated out and so is still there! So the likelihood of hitting the pay dirt is simply high!

- we also do know that the oil is permeable with high porosity and low viscousity resulting in 40 API. In fact, among the best quality oil in KRG!

- we do also know from historical information published by the world petroleum congress that well C7 hit oil with high pressure of up to 3702 PSI. That is a lot of pressure!

-We also know that the apprisal well C8 drilled outside the reservoir limit came out wet because it was drilled outside the reservoir channel flank. This is a useful information & lesson. So management will be placing next hole there!

- We do know that the second appriasal well C9 was drilled over a period of 10 years at various depth! It encountered the full jeribe oil show and went deeper and tested oil/gas on deeper cretaceous. Due to technical challenges, the well was abandoned and the jeriibe was not tested, however, the fact that they encountered the oil shows at Jeribe was good. 

- We do know that Saddan Hussein wanted to develop Chia. It was in the plan and due to problems he had with Kurds, it was not implemented.

- We also do know that our parner GENEL has been 100% successful in all the blocks they staked in KRG. Maybe due to insiders knowledge of the area. They are our partners in KRG and we do know that they claimed openly on their website that Chia is commercial, proven by Well C7.

- We also do know that LFD management has designed current well to be a producing well that will start generating CASH! They MUST know what they they are doing to have such an ambitious plan.

- We finally do know that drilling will start in Q2 to prove all these theories!

Wealthy people  like SOROS are wealthy because they take calculated risk with huge upside! I am in LFD because I can see the game he is playing and why he is playing it. - To make TONS of money!!!!!!!!!!

[EOIM]

- We have a Production Sharing Contract that Iraq PM confirmed is legal. So LFD can start booking reserves of 50 million barrels (P50) to 3 billion barrels (P10) once we start derisking the asset.- from Jeribe reservoir map, management used polygons to show the closure of the Jeribe Reservoir. What that implies is that the oil has not migrated out and so is still there! So the likelihood of

[good40]

You said you are a geologist,  yet you say " the oil is permeable ".  If that's not proof that he is a liar,  then nothing is.

[Baxter4]

Good40You have proven you are truly an idiot. Yet thet doen't seem to stop you from posting crap. Why do you expect better from others?

[HHdoc]

Lets be realistic, a lot of these statements are just that and we do not know if they are correct or not? Here are my statements.Great news that Baghdad apparently will recognize the kurd pscs. Booking reserves is another matter. So little hard data exists on the old wells so at present these are prospective resources. No reserves can be booked by SEC rules until proper test and well results

[good40]

Wow... not the kind of stuff that you regularly find on these bullboards.  Refreshing to see critical discussionrather than EOIM,  taxdemicco and Maysteeler hype.

[EOIM]

No matter what Good40 and his gangs say, unless they are fools!,  I am sure they would agree that it is better and more comforting for LFD shareholders to hear from Iraqi PM that they would honor the Kurdish Profit Sharing Contract! The alternative would be bad! Now, we hear from the horses mouth that we are in business and can commercialize any discovery made and start generating

[digits]

Yes, a REALISTIC post. Among other things it touches on the inherently difficult drilling conditions that exist in this region. Something that the terrible trifecta here have NEVER touched on. As a matter of FACT they have never touched on anything of the negative nature here at all. Hmmm ... why is that? Hardly an objective group are they? Again ... why is that? Well ... anyone with a bit of

[good40]

Yes he is in this for money... but one thing is troubling.  The company has had problems with capital shortages and this is why they were forced into that awful royalty deal at 40%.  That kind of liability is their biggest problem going forward, if there is a forward.Soros has money... I'm sure he investigates before investing... why didn't the company go to Soros for the money

[Baxter4]

Previously LFD had 20% of the property and a 10% royalty, meaning they got 18% of the revenue stream. They now have 40% and have to pay a 40% royalty, so they now get 24% of the revenue stream. In other words, for no extra up front payment the increased their revenue by 33%. Downside is they have to pay double all drilling and development expenses, in a field with a known shallow oil pool that

[coquitlam]

the investment in LFD is just great potential or bet. Day by day important elements are falling in the place, and we are close to good run at least imho. Negative posters are repeating same song that there is great possibility that drilling will fail and share value will drop. If investors spend only few hours to do basic research of available data on internet and they understand how junior

[good40]

He has previously said that he is a geologist which is obviously not true.  He has recently said that he sold3.1 million shares,  on a day where that was impossible.Why would you sell 3.1 million shares and then repurchase at a higher price ?He is a promoter,   but he is not honest coquitlam.  If that doesn't matter to you,  then fine,  but I will never cheer

[EOIM]

coquitlam, I am glad that you mademoney in ELC. I made tons of cash. In fact more than $2 million in that bet. I started promoting ELC when it was $1.18 cents and there were bashers like GOOD40 who were posting rubbish. I persisted my posts and today ELC has an offer at $7.45 cents. I made a lot of money in that play that meets the eye!!For LFD, I see 1000% more than ELC.  This is one junior

[justdoitagain]

his from the man who predicts 90% failure rate for Iraq and then hides under the mantle of saying he is only looking out for other's interests.

[digits]

There are inherently difficult drillingconditions that exist in this region just ask the owners of WZR. Something that the terribletrifecta here have NEVER touched on. As a matter of FACT they have nevertouched on anything of the negative nature here at all. Hmmm ... why isthat? Hardly an objective group are they? Again ... why isthat? Well ... anyone with a bit of grey matter betwixt their ears

[Kurd30]

Hi digits,Now that you told us about the "terrible trifecta", what other reasons bring you to lfd board?  Are you invested, potential future investor or are you also here to save the terrible souls who have bought shares?  There absolutely is risk involved here and anyone that claims otherwise is not fooling anyone.  However, I also believe that there is major upside and I