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Petro Matad: a 15 well money pumping machine.
And all the rest is just a big fat juicy bonus.
Thorno 15 wells are planned . That's paperwork submitted to the lical government.
Ojay: βRoxy2020: Well said. I would wish that - at least some of the posters on this BB take your recommendation seriously.β
Thatβs why you started on me the other week? Hypocrite.
24 months. 6 wells on Heron. Each averaging 500 barrels per day, $40 profit is $120,000 profit per day or $40 million a year.
Of course it might be 10-20 wells?
They're looking to acquire new bloods adjacent to already producing fields too so more oil?
Renewable plans should be up and running by then with some idea of the scope of their aspirations.
15-30p with only a minimal Heron Field development?
Thornogson: One of the few posters on this BB who not only have their head screwed on right but also see clearly what is relevant. Thank you for being on board.
Hi Thornogson, great post. been holding for a few years now, and looking to average down. What's your opinion on where this could be in say 12-24months?
thanks
Matt
Roxy2020: Well said. I would wish that - at least some of the posters on this BB take your recommendation seriously.
Too true Roxy.
It was the same waiting for the Special Certification sign off.
All information on the subject said that it would happen and it did, albeit taking longer than most would have wanted.
All sorts of nonsense filled the board every day until it did however.
Then it started again but now talking about the loose ends and formalities that need sorting out before they can get to work on Heron. It still all just noise and it'll still happen, one day.
When it does our Market Cap will be considerably higher than today and likely rise considerably higher still as the field is more fully developed and other Petro Matad plans come to fruition.
I've been in and out of Petro Matad for many years on a speculative basis.
This time I'm in and holding/building as much as I can whilst I can.
It's all mapped out and will happen. I don't know when and I don't know if they'll need more funds to get them there but I'm happy to hold until the above plays out.
These sort of opportunities don't come around too often.
This constant bickering and drivel isn't going to affect anything but your frustration and energy.
Calm down and stay on this ride if you genuinely believe this will head north sooner or later or quit and get a good night's sleep knowing full well you don't need to wake up if there is a RNS before trading starts
Same as yesterday's finish!!!! π
Yes, hows the analysis of beacon energy doing hoot hoot? π€«
The 5 massive trades have shifted the sp WHERE?
Thank you wise owl
Cnpc.com
Mr Master
Sinopec Corporation is partner in Petrodar consortium which include CNPC (China National Petroleum Company).
CNPC is 90% owner of Petro China who sister company is DQE. DQE is contractor who look to partner with Petro Matad for Mult Well drill program to develop Block XX π.
Maybe other ones on BB focus more on investment then gossip ;)
If you cannot understand my holding. My holding period I look to hold MATD is 18-24 month for full development into major Energy Company and triple digit SP.
Up to you if you want to BUY under 4p now or not or if you want to spend all day in GOSSIP with each other.
Be happy but not Kim Kardashian ππ¦
B/p: Nice try. Don't change the subject.
A little something for reading pleasure. GLA https://www.mongolianminingjournal.com/a/73033
Who cares I filtered Fair Analyst and Wise Owl been filtered for last 4 weeks . Spouting the same nauseating narrative .
Horsers and Landicamans: Clearly,Owl had another pseudonym in the past, and it may have been Fair Analyst. Owl also participates on the Synairgen, Beacon Energy and Touchst BBs. Do we know when Fair Analyst departed from this board and what other BBβs he posted on?
Ojay - you're not an (ex) schoolmaster by any chance are you?
This is interesting. DQE is part of Sinopec? Iam certain it is.
L. Bayarmandal, head of the Mineral Oil Department, received and met the executives of China's "Sinopec" group.
B/p: Calling names doesn't help - particularly not you.
BP. Because he was Fair Analyst in a previous incarnation
WOS - so why had you no BB presence before Jan 23, what caused you to raise your ugly head at that particular time?
Mr Landicaamans my investment period for this is 18-24 month.
Spend more time to read properly & less to attack because of anger issue.
Be happy π