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Upthecoast
Not quite sure how I was ramping
Basically proven almost 100% accurate on the average price they have received c$59 and all I did was take the median PoO from Low & High each month
I also used the 100popd within their RNS’
Not quite sure how that is a “ramp”, it was reasonable estimates
Even better, net reserves up 27%
Increased debt facility so no dilution
In my opinion I think what I said was reasonable and suggests NTOG is undervalued
Try 35p for me but not bitter I actually had give up here but u never can say never
Only need this to get to 32p to break even. D'oh
Well when it's back to 5p i can take a tiny bit of profit, deep joy if it hits 1p
1p+ incoming i suspect sooner than most think. real gamechanger today
Told you, nothing to be said here until news.
This news means Cypress No 2 well is covered, news soon I expect. News soon on the Permian Basin Farm In workovers. Then there was the prospective farm ins on more Pine Mills acreage. Then the possibility of an aggressive workover and reconnection programme on the non-producing wells. Lastly, Tunisia!!
Boy, are going to need a lie down soon!
DYOR
Unhelpful .. you had enough onthe RRR board now???
Back to pumping on here you foop
And were still NT Only
Steely old boy, you need to go and sort out a cup of tea and a bit of a sit down. The carer will help if you ask.
More news coming...
xx
They may well be proven reserves , BUT for those who have only been here 5 minutes and have no knowledge of the FACT that we have heard all this years ago with other projects and proven reserves, which Lofgran still didn’t get out of the ground!!!!!!
Stretch looks to be the new resident pumper already. His wacky 200/300 % predictions and 2p tomorrow forecast lmfao
He’ll be gone by the end of the week
Steely old boy, did you or did you not say no oil? The facility was renewed on the basis current production and reserves.
Why not take your bias, lies and losses and do one?
xx
These are PROVEN reserves.
'Probable or Possible reserves have not been included in this assessment. The Company's producing asset Caballos Creek in South Texas has not been included in the Reserves or Senior Facility but is intended to be added in the future.'
Most I mean, 1p today, 2p tomorrow huge news
This is a different fish now, very low market cap, we are at a depressed price, wait for POO to recover further.
Ost of the oil for all oil majors is in the ground what's your point steel titan
UNHELPFUL
The reserves are just numbers.
We’ve had all this previously over the years and until he has it out of the ground it means fook all
Hey Expert, wanna update us on your no oil estimates?
Tunisia or Cypress II next?
I am still here, No gas yet, but will have as soon as the Tunisia is up and running, share price is pushing up. xx
As usual you are either uninformed or lying.
Try reading the last production update and the reserves report.
xx
DYOR
They haven’t got any oil either !!!!’
Don't like factual information do you? Anyway, another one for you to cry into your tea over......
https://www.bloomberg.com/news/articles/2021-09-27/commodity-giant-trafigura-paints-bullish-outlook-for-oil-and-gas
Do the revenue figures on that one. Pity NTOG hasn't got any gas....
DYOR
Jog on back to RRR you c. o. c.k
The lifting cost on the Cypress well has $10 or less because there is no water or was no water to dispose of. That may or may not have remained the same: hopefully, it is the same.
On the rest it is between $16 and $20 a barrel lifting costs. The biggest cost on these wells is the electricity and after that water disposal. The well configuration affects how electricity is used: more electricity for an electric downhole pump and less for a pump and rods.
DYOR
You will find a lot of losers on this board Nick, and you will find they tend to repeat themselves whenever they post. Wait and see what comes from them next.