Member Info for abzzba

TBT, i am 100% sure he does have multiple accounts on LSE, but if it gets rid of his disruptive behaviour on here its got to be a bonus so ANYONE ON HERE VOICING OPINIONS ON OTHER BOARDS FOR NO OTHER REASON THAN BUGGING ESPEN PLEASE STOP !!!!!!!

Tomorrow will be H1s 100th day of production at circa 200 bbl/d = 20,000 barrels of oil in storage ready to be sold.

20, 000 x $43 (after costs) = $860,000.

RNS re Sales agreement expected February.

Production currently choked back to 200 bbl/d.

(Keep in mind 14th November RNS states H1 production potential as “maximum deliverability

estimated to be similar to or greater than 821 bopd”)

2857mal, well said. Good luck with your investment, few short months to wait until the new drilling season.

Sad to say i have no doubt the multiple ids will be back tomorrow.

Investors need to wake up to GOBI potential, obviously we need to wait see how the team interpret the well and drilling logs however with 34 m of reservoir quality sandstone (H1 has 18m) it really could be huge, twice the production of H1. Fingers crossed for GOBI.

See Oct 7th RNS.

For any newbies. Here is the list of genuine investors who believe in MATAD and are happy to point out the positives and likely outcome.

TenBagTag

Margaritas

investor33

Velocoraptor

ManxKippers

ftsemajorgeneral

roxy2020

abzzba

Proquo

WiseOwlSpeak

300 posts and no one knows anything, NOT quite true, we know the NEGS are idiots and getting more desperate every day, reverting to doubling costs and halving revenues, etc etc etc, just the usual deramping bull shxt.

Gord_1, you waffle more crap than Adw

Investors need to wake up to GOBI potential, obviously we need to wait see how the team interpret the well and drilling logs however with 34 m of reservoir quality sandstone it really could be huge, twice the production of H1. Fingers crossed for GOBI.

See Oct 7th RNS.

Investors need to wake up to GOBI potential, obviously we need to wait see how the team interpret the well and drilling logs however with 34 m of reservoir quality sandstone it really could be huge, twice the production of H1. Fingers crossed for GOBI.

See Oct 7th RNS.

Https://www.google.com/search?client=firefox-b-d&q=matad+share+price

Gord doubles our actual yearly costs from 3 million upto 6 million, do you think he is deramping, cup cake.

WOS, if we can fund H3 that would be ideal and probably enough for this year, drilling 1.5 million and if we well test and complete = 2.5 million on top.

Invester, when you say excess gas, if you mean the high gas pressure spikes encountered in early production days these could well have subsided as we have been taking 200 bbl/d of oil out daily, realistically there would also be water come to surface as well so lets say we have been taking 300 bbl/d of fluid (water & oil), as this is displaced it leaves a void for the gas to flow into so the pressure spikes in the wellbore decrease, if they havent then fitting higher rated wellhead is the answer. There was no mention of the excess wellbore pressure in the last RNS so hoping it has subsided to the point the current fitted wellhead can cope with the pressures.

However, if you mean what do we do with the excess gas MB mentioned gas powered generator and no doubt compressor, gas from the well used to power these so saves diesel costs.

I doubt there is enough gas to be commercial, normally excess non usable gas is flared off.

Almost as good and satisfying in 6 months i will be following the negs around reminding them of all their wasted hours/days/weeks and months deramping MATAD.

Spring not far off, H1 sandscreen fitted (cheap straight forward fix) then the choke can be opened, will we get 800 bbl/d, or will they choke it back to 600 bbl/d, case of wait see.

Read the accounts, MB salary 250k, not really a lot for CEO of and E&P company, agreed he may also get a bonus some years, but salary is 250k.

Espen, hardly my problem if you cannot see the near future positives, you appear stuck in the past, quoting 30p sp from 2017.

Espen, you cannot be that dim, how many on here have ever bought at 30p, i have a very low average, most probably averaged around 4 or 5p, last time MATAD was 30 p was a brief perion in February 2017, a very brief period.

ManxK, agreed, fact is the NEGS seem to be fixated on a placing, coz it suits them in their effort to scare the gullible, their time is now short with another RNS any day

Doc, i would agree, the derampers are in their final throw, cannot get enough negativity on the board before the RNS drops, each day it gets closer.

2025, the year MATAD takes of and reverses its downward trend.

5p by June.