Another bit of good news, the jigsaw is coming together. So we are now waiting for a 20% WI and now a 11% WI production? Surely this has to go at some point? Or does the market only respond to production levels oh hang on we have had them on our recent CT9 well? Need some more confidence in here and i think ML is going the right way about it saying production, production, production. GL all
Remember we only have a handful of staff on wages. We are trading profitably and growing at a huge rate. A week ago we were told 57% increase in BOPD now an 11.6% in new well that seems to be where they flow at 350bopd so looks to me like another 50% on top of our new BOPD figures will be coming again. Also when we do the 20% wells we will see another 50%. Does a share @ 0.27p get any better. Has got 0.90p written all over this. All IMO of course.
I see Matt is in Mexico...have you heard they are allowing firms in to do seismic checks....is NTOG looking at another hot spot for oil for the future...we're working with the big boys already....The future looks good!
You have a point about costs. Matt is working on a deal where we get oil and gas production for free. The property owners will give us the land. The drillers and land men will donate their time and investors do not use money to invest.
We shall be repaying out of our production at a fair percentage, 4%. But production will far exceed loan costs,
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