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ADT1
Posted in: BLOE
Posts: 1,458
All the boxes getting ticked on this investment - bring on production result NEXT week
Tomorrow or Friday
Oil field faults along the whole section the bopd should be Interesting
.
They pulled something like that out last year when testig if oil was there
I have a sneaky feeling from the last RNS and all the interviews that the bopd result is going outperform to and blow the doors off ..........
Interim report out will be out this week coming
In the interview Haywood mentioned 600bcf unrisked contingent for block and is valued at $1.2 billion dollars
Upper and Middle Eecone oil Block 11b just immediately continuous just north of 16b was producing 70,000 bopd Bring on the results !
Great interview - rapid payback
Should see sp pick up from the 4p ipo level of last June next week as we get near the game changing production results from over 500m
Current programme targeting 900bopd at 57.69 is $18.95m income
Current brent oil price 67.69 Less 10 is 57.69 Current oil production 60bopd is $1.26m If 16a produces the target 325bopd that is $6.84m Together that would be $8.1m in income Then onto WR 38 which is similar to 16a and further Norio.
Oil shows from the top within 2000m and along the 500m Middle Eocene - results will be huge for block
Block Energy confirms significant oil and gas shows as West Rustavi sidetrack drilling completes. The new sidetrack well aims to deliver production of 325 bopd, which would be very significant for Block's growing business in Georgia. https://www.proactiveinvestors.co.uk/companies/news/216824/block-energy-confirms-significant-oil-and-gas-shows-as-west-rustavi-sidetrack-drilling-completes-216824.html
Plenty of investor communication and interviews. Well written RNS’s as well
Very good podcast . Significant oil shows all along the sidetrack . Free cash flow here we come
Bring on rustavi 325 bopd
Big prints poping up - more significant buyers or the same one in the background before west rustavi game changer news ?
Thats confidence 8,300,000
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