Member Info for abzzba

Credit where credit due, the trolls are working hard again, new ones arriving daily.

Yep, despite the nemerous trolls old and new we are still headed for 5p by June, lots of news due, lots of troll lies that will be proved wrong with that news, one by one their lies and half truths are being shown to be wrong.

1.4 billion shares in issue, not a great deal for a small oiler with no debt.

Guess i could settle for 36p, (at a push).

We seem to have attracted a couple of new halfwits, no doubt chums of adw, why, easy, they dont have a clue what they are speaking about either.

Interesting read.

https://en.mininginsight.mn/index.php?newsid=376

The beauty of sharing the TAMSAG basin with PC is that PC have been drilling and producing their half since 2005 and are well aware of its capabilities, production and geology, no reason for us to drill more wells if we are sure we are selling up, makes sense to up H1 production as its cash in bank for very little outlay.

Fitting H1 sand screen very easy, straight forward and inexpensive (250k max) task, once done its a case of open the choke to higher and higher production rates while monitoring for sand, each incremental increase being held for several days before increasing to the next higher rate.

HAPPY DAYS.

Mongolia Refinery making Rapid Progress | Megha Engineering

https://www.youtube.com/watch?v=OoYghXM-NaI

Matador, todate we should have around 38,000 barrels of oil in storage, based on January figure stated in RNS plus daily production of 200 bopd.

Agreed between H1,H2, Gazelle and Gobi Bear all lower cost options to add to our daily production things are looking good at the moment especially now the sales agreement is signed

Must admit it makes me chukle listening to numpties with ZERO oilfield experience waffle absolute rubbish, enter stockmad, adw, furry etc etc

Heron field recoverable oil, 60 million barrels of oil, weight approximately 8.1 billion kilograms (8.1 million metric tons).

Gobi Bear 1 is the joker in the pack, read the RNS, 35m reservoir quality sandstones, ok the oil has migrated away from these sand stones, but its still there, hence checking the drill cuttings, Gobi could well be the game changer.

H2, case of wait see what remedials are required, would be great if its the low cost (sub 100k) re-perforation mentioned by MB in the LSE interview (9m 23s)

Forgot Gazelle, that seems nailed on as a producer, another 350 bopd from Gazelle.

Nice to see oil price ticking up again, all good.

Post sand screen H1, i will plump for 550 bopd, yes its a guess, it could be anything between 400 & 1000 bopd,

NEGs out today, thumping away on the keyboard while the sun shines,

Could H1 over achieve, yes it could, the well test gave us 821 bopd while unstimulated, prior to completing the well last year it was stimulated so more than 821 bopd is certainly attainable, once the sand screen is fitted its a balancing act, production vs sand, we got to find that point where we achieve best production.

Imagine if H1 OVER performs, 1000 bopd rather than the 500 expected post sand screen,