Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Interoil tell us the production decrease is due to strikes, Echo tells us different, so who is lying , why are echo board so obviously against increasing production, remember the 30 intervention wells due by last year end, what happened to them, remember the 3 wells that were brought back to production with no work, what happened to them.
Interpol production report for March,
https://www.interoil.no/?page_id=13&year=2023&PressReleaseID=2975225
Interoil production report for February. See link below.
https://www.interoil.no/?page_id=13&year=2023&PressReleaseID=2951399
Tend to agree, get the turbulence from these 4 billion shares out of the way, increase production and we will be be a 50 million mcp company at 1p per share.
No point looking back here on a daily basis, come back in 12 or 16 months.
Thanks for the concern but i can assure you the great covid con never affected me, or anyone i know, all very strange.
You may remember i previously stated i expected some "turbulence" in the sp, i also stated i doubt we will see anything worthwhile until 2024.
To wind up i sent a rather curt e mail to MH last week reminding him of the workovers, fund raises and the 30 intervention wells we were promised would be brought into production before year end 2022.
Will keep looking back from time to time but have other more interesting prospects at this time, still think 2024 will see a rebound of epic proportions.
Joe, the second link mentions Interoil becoming the operator, i know they applied for that in 2020, i assume this means they will take over from Selva Maria which i think will be good news, good to have an operator that has money in the venture rather than Selva, hopefully we see a transformation with Interoil at the sharp end.
Interoil our junior partner have just released January production figures plus other news, see links below.
https://www.interoil.no/?page_id=13&year=2023&PressReleaseID=2930501
https://www.interoil.no/?page_id=13&year=2023&PressReleaseID=2930503
personally i think the market is waiting for the elusive increased production and once we start getting regular increased production updates this will turn around.
Been too many false starts and promises not met, lets hope the million (700k net echo) is used to get these interventions producing.