Member Info for ADT1

Big buyer imo on this best oil in 50 years news

Paul Haywood not in it to build a current 15m cap company this company is going for mid tier 100m plus

Big background buyer

Second well is targeting the same

Today and tomorrow imo

Coming to start before the next well

News will bring proper investors who only back profitable co’s - watch this space

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Bloe from this level

Bloe

This will need updating now, lot happened since - SP 9p-46p Target Price In addition to the 2P reserves, upside potential of GBP 0.46 from the relatively low-risk (75% chance of success) contingent resources from the Company’s West Rustavi and Norio projects, Block Energy represents an excellent potential investment with compelling upside across its three assets. http://www.blockenergy.co.uk/wp-content/uploads/2018/12/block_energy_initiation_report_5_dec_18.pdf

100 bopd is co break even - free cash flow from 1,000 bopd

The field contains an estimated 38 MMbbls of gross contingent resources ('2C') of oil which, consequent to results at 16a, the Company hopes to mature to 2P reserves. In addition, it holds legacy gas discoveries supporting a gross contingent ('2C') resource of 608 BCF (Source: CPR).

Current performance, complemented by the Company's increased working interest in the licence, looks set to deliver great value to our shareholders.

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Game changer well

Up pops another

the herd will be here soon with the oil and no doubt next week someone who’s cousin knows a driller in west rustavi saying they have hit the mother load of oil . LOL

Another poped up - background buyer...

Weekend out of the way then - Eyes peeled for results or for a sniff of whats flowing out of that well - target 325 bopd