Member Info for abzzba

Thornogson, might i suggest logic and fact are wasted on Adw, he has his agenda and it relates to trashing MATAD no matter what evidence or fact there is to the contrary.

UK Investor magazine MATAD top 20 pick, see link below.

https://ukinvestormagazine.co.uk/top-20-stock-picks-for-2025/

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Progressive report stating sp expected to be 12p, see link below. Can understand why analysts predicting good year for MATAD.

https://www.petromatadgroup.com/wp-content/uploads/2024/12/MATD-20241218-On-the-way-up-in-2025.pdf

Adw, YOU LIE !!

Adw, your most recent and biggest lie of late was yesterday when you said you did not wish cancer on TenBag, will that do for starters ?.

Gusto lies:::::

No income: over 19,000 barrels of oil in storage, valued around 1.3 million.

no cash: 2.5 million in bank at year end.

H2 duster: absolute lie, tested at 30 bbl/d, can be bettered with remedial work.

gobi duster: not quite true, data says oil, under review.

H1 complications: typical oil well pressure spikes, easily contained, awaiting update.

Over valued carp: we do not deal in fish/carp, total lie.

Adw, if you had any clue what you were talking about readers might take you seriously, as it is you are just another clown speaking through his ass, and thats being kind to you.

Adw, you say "H2 might be fixable", its not broken, its a pretty normal well, over 50% of wells drilled need some sort of remedial work to get them to their very best deliverability, fact is winter beat us hence H2 being suspended until Spring.

If anyone knows DQE rig model or even has good photos of the rig sure i can find out if it has horizontal drilling capacity.

Also remember the investor presentation in July, MB mentioned winterizing a rig so we can drill through winter, that may be an option this coming winter.

Can DQE rig drill horizontol well ?, probably yes but probably not a 1000 / 1500 m horizontal, would not envisage a problem with 200 to 400 m horizontal well, all to do with the torque the rig can deliver.

Brief intro to horizontal drilling below.

https://www.investopedia.com/terms/h/horizontalwell.asp

MBs words, H2 marginal commercial during winter months @ 30 bbl/d, so commercial in summer months at 30 bbl/d, probably due to the expense of keeping the oil heated / low viscous so it pumps easier.

Horozontal well 6, 7 even 10 times more productive as it extends along the reservoir allowing better collection of oil, agreed horozontal well more expensive to drill but the payback is huge, well worth the additional costs.

Kinda funny listening to the desperate trolls, sure they have all their negatives ready to cut and paste on here, same thing every day.

$80 , good time to get the go ahead on sales,

Roxy, my thoughts exactly.

Delay in the RNS is simply tidying the loose ends plus the fact there is quite a bit news to come, sales agreement, H1 production update, funding etc etc.

Could say BUMPER RNS.

Progressive report which states 12p share price was based on Brent price of $65 bbl, Brent trading at $77.92 bbl today, can only be good news.

H1 been in production for 78 days, every possibility the high pressure gas spikes that restricted production have or are subduing meaning the choke can be opened up to increase production, win win situation.

Trolls out again wasting their sad little lives, you would think they would learn.

Ftsemajor, i tend to agree that H1 could well be producing 350+ bbl/d now, next RNS should confirm this.

Stockmaid saying last throw of dice, Progressive report saying 12p, UK Investor magazine has MATAD in top 20, MATAD gone from explorer to producer, let sanity resume.

Trolls out again today in another feeble attempt to trash MATAD, another wasted day in their sad lives.

Heading says Congratulations All, i will guess that means RNS tomorrow,

Starting to think Espen, Gusto, Adw, Doc, Stock maid are all the same person, just multiple IDs, sitting there in a dark room thumping away at the keyboard. real sad sick people.

Stockmaid, agree 100% especially when you look at GBP CEO OMAR, shocking behavious, some might say criminal.