Member Info for abzzba

The reason for no signature/signed sales agreement yet could be as simple as they know a deal is about to be struck and the oil in storage will be part of that deal, who knows.

But for sure PC want and need the Heron field as do Mongolia.

Stockmaid says "If H1 doesn't improve from the 200bopd " , this is such a stupid statement it verges on unbelievable, fitting a sand screen is a very simple and straightforward task, not even an expensive job and is carried out virtually every day on wells around the world.

Would love to know exactly what research stockmad has done.

RNS at the time stated PC were charging a "negligible" cost for storing the oil so nowt to worry about on that score, unless some NEGs want to make something of it which would not surprise me.

Hamm, agreed, nothing at all strange about genuine investors being upbeat about the shares they invested in, but very strange these bashers devote so much time trashing a share they are not invested in, even more so when you see LSE accounts that are just days old pop up and nothing but negaive posts about MATAD, obvious to anyone there are dirty games being played.

The one and only truthful thing Adw has ever posted was when he admited he new absolutely nothing about oilfield operations yet he is here every day telling anyone that will listen that MATAD is doomed, strange, how many posts this morning so far from the great deceiver ?.

As usual Adw deceiving and manipulating figures

Adw, please tell us about PC wells drilled since 2021, how many were a success how many were dry, please tell us average daily production since 2021, bopd or tonnage ?, without full details you cannot.

Adw is quoting figures from a link I put up several months ago, see link below. However as usual he is twisting the facts, firstly the link covers the period 1995 (when PSC awarded to SOCO) thru to 2021 only, PC bought SOCO out in 2005, between 1995 and 2005 SOCO drilled (without 3D seismic) around 20 wells, in 2005 when SOCO sold out to PC they had only one producing well which was producing around 350 bopd.

From the figures stated in this link it is not possible to make anything but an educated guess of PCs success to-date as we do not have detailed figures, only totals for wells drilled between 1995 and 2021, we do not have figures for the last 4 or 5 years.

TAMSAG Basin is shared between PC and MATAD (Heron field), each have just over 200 sq/km.

Mongolia daily oil production graph half way down the page at the link below.

https://mongoliainc.com/key-commodities/oil/

Another day closer....but only 11 hours until 7.00 am tomorrow ??.

Better set the alarm tonight ??

And their still setting up fake accounts, MsWos who worked easter weekend only joined/set up their LSE account a week ago / 17th April. Desperate !!

Hamm, Agreed, the bashers arrived October, 5 months ago, they been going hammer and tongs every day including weekends and holidays, but does seem like their getting a bit more desperate with every passing day.

And i still forcast 5p by June and nearer 12p by year end.

"I just tried asking ChatGPT ", excellent example of the idiot level, so many that cannot think for themselves and they all appear to be NEGs !!, think that tells us something about them.

Thornogson, incase you had not noticed MsWos is a 2nd multi ID account, no doubt a take on the previous MrsWOS (now banned) who was here posting for a few months, makes a complete mockery of the Admin and controls on LSE.

Stockmaid off on a rant again, do wish they would go rant on ORACLE if thats where they are invested.

Question is when the red dot lands what will H1s new daily production be, 400/500/600+ bopd, case of wait see.

I would hope the sand screen has already been installed at H1 and we are in the increasing production while monitoring sand stage, basically production rates will be increased and held while the sand production is monitored, its a balancing act to find the highest production rate while keeping the sand within acceptable limits, this will have been a reasonably inexpensive fix for H1 with costs circa 250k max.

Roll on the red dot.

Dumb asx MrsWOS thinks we are producing gas, great example of the idiocy of these stockbashers, dim as shxt

Excellent example of MrsWOS knowledge about MATAD, its oil we are selling, not gas, complete idiot.