Member Info for abzzba

Back to the company, do not let these TROLLs hijack the board.

The facts remain the same, the company is in a great position with news due on the farm out.

1: Block XX has billions of dollars of oil. (recoverable 60,000,000+ barrels)

2: H1 averaged 161 bopd in 2025 and still producing strongly, Gazelle which our resident trolls said was a dud is still producing and contributing to our bank balance, Gobi & H2 delayed until this year, hot wax wash at H1 likely increase production by around 20%.

3: Mongolian ministers pushing for the refinery to be completed 2026/2027.

4: Mongolian oil production dropping, they need block XX developed ASAP, Mongol production 14k bopd, refinery needs 30k bopd.

5: Once supplying the refinery via the pipeline we cut out middle man handling/transportation costs and get circa $12 more for every barrel of oil.

6: Farm in proposal received after due dilligence field visit, almost certainly by Indian explorer, no doubt PC interested as well as the recently signed MOU demonstrates.

7: Oil sales agreement nearing completion, 900k lump sum not far off plus payment in full for invoices.

8: No debt !!!.

Very typical behaviour by derampers to disrupt the board by introducing NAZIs to the conversation.

Last RNS:.

Block XX production

Heron-1 continues to produce in line with the Company's forecasts and averaged 161 barrels of oil per day (bopd) through 2025 which was ahead of the Company's initial expectations.

Gazelle, you may remember many said it was a DUD but it continues to produce oil, not sure where the Nazis come into the equation.

I33, I would have to agree, why would those that think this is a lost cause spend so much time on this board, seems crazy.

Think we can expect another RNS shortly, interesting year ahead.

Proquo, agreed, the 0.8 raise was a gift.

I33 you are correct in what you say, but also factor in if we go it alone we keep ALL profits, no sharing.

Also lets not forget we may be on the verge of the US hitting Iran, oil price increase would follow, $100 bbl would help greatly in adding cash.

https://oilprice.com/Latest-Energy-News/World-News/100-Oil-Price-Forecasts-Resurface-Amid-US-Iran-Standoff.html

Farm out or no farm out this will take of, it will just take a bit longer if we go it ourselves.

Cash in on a few Sunsteppe projects will see us with enough cash for several new wells and various low cost remedial works to increase production at already producing wells.

Chinese New Year will not affect anything here, the oilfield never sleeps.

Shadow525, the problem with the likes of stockmad and others is they fail to see the future potential here but more importantly they use the past as their guide to how the company will perform in the future, basically they lack forward vision.

"let me enlighten you. production was 200 last year it's 290 this year. we have spent more than what we have made. ", oil wells normally take a year or two to pay back the costs but the good thing is they will be producing for circa 25 years.

The gods are on our side.

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Manx, you may not be to far off with your guesstimate, certainly multiples of where we are now.

Yesterdays RNS.

Farm-out

Discussions with one potential farm-in partner for Block XX are nearing completion and we are pushing to complete negotiations in short order. In parallel we are continuing discussions with other potentially interested farm-in partners for Block XX and for Block VII.

Be assured once a formal offer is made things will dramatically heat up here, the formal offer will force the hand of those sitting on the sideline.

Hamm, no shareholder can say MB has failed, neither covid nor an unhelpful governor was MBs fault, Petro China holding off signing the sales agreement and witholding 30% revenues was not MBs fault, exactly where do you think MB has failed.

Proquo, agreed.

Kr, i re-stated what the last RNS said as of Feb 11th, Gazelle was brought online at 200 bopd, i have never suggested it was producing more, get your facts right.

Tell me are you still suggesting all MATAD investors are inbreed.

Brent @ $71.22

Kr, can you give time and date where i said we were producing more oil !!!!