Member Info for Andy1022

Post cropped the rest of my reply

To take this into account roughly 0.3–0.5 new wells per year (or 1 new well every 2–3 years) are required to maintain flat production. That's not many Conman.

In practice: PetroTal targets 8–16 new wells over the next few years (2026–2028) to grow production (e.g., to 20,000–25,000 bopd peak in 3P case) rather than just replace decline.

So, no. Your "we're all going to die" bleatings are just that. Bleatings.

This is a solid exploration and production O&G Company, well run, well financed, with an excellent existing production cash generative daily, P1/P2 profile and drilling schedule in a "relatively" (for Sud America) stable political/fiscal country.

Conman

depends on well type and age. Production at Bretagne has a field average decline curve of 35-40%, but then is a world field beater of around 8-15% after 3 yrs.

PTALS's well design, steered horizontal step-out and cutting edge completion technology (Autonomous Inflow Control Devices -AICDs) in horizontal sections to restrict water inflow, maximize oil production, and control coning from strong aquifer support which is reflected in the very good mid to late well life production curves. (

Conman

depends on well type and age. Production at Bretagne has a field average decline curve of 35-40%, but then is a world field beater of around 8-15% after 3 yrs.

PTALS's well design, steered horizontal step-out and cutting edge completion technology (Autonomous Inflow Control Devices -AICDs) in horizontal sections to restrict water inflow, maximize oil production, and control coning from strong aquifer support which is reflected in the very good mid to late well life production curves. (

Conman - apt handle

read the news. Workovers completed in Q3 and 4 2025 successfully and production from these shut-in wells has been re-established.

2026 is when the drilling rig arrives for the 26-28 development drilling campaign starts. One knows the difference one presumes?

And if you believe all that claptrap I have a bridge to sell you in Arizona.

go edumacate yersel

https://strategic-culture.su/news/2026/01/08/how-trumps-oily-dreams-may-collapse-in-a-venezuelan-dark-pit/

Hazel says hello to Lvov. It go boom boom.

as with most "renewable" fairy tales, i did a quick back of the *** packet calculation of the scale and cost of upscaling to 80-100% solar to "replace" historical hydrocarbon or nuclear sourced power for production.

based on 2024/25 pellet output, total required energy is approx 1k/1.5k gwh (i.e. 1-1.5twh) (1,496 gwh - 6.8 × 10^6 tonnes × 220 kwh/tonne = 1.496 × 10^9 kwh (or 1,496 gigawatt-hours)

output of the trial solar is 5mw (1.2% of required power/y) - using a conservative $1.0 million per mw for installed solar, gives us 2 scenarios for upscale:

1bb$ - low ball

1.5bb$ med/realistic ball

and an additional 25-30km2 of land/installation.....

as i said. renewables are fairydust and unicorn farts when it comes to heavy industrial processes.

Nice try scooby...

Rachel Reeves does not hold a PhD in economics. She earned a Bachelor of Arts in Philosophy, Politics, and Economics (PPE) from the University of Oxford and a Master of Science in Economics from the London School of Economics.

While she has worked as an economist at the Bank of England and has a background in economics, there is no indication in the provided sources that she holds a PhD in the subject

Did anyone notice the after-hours uncrossing buy for £6MM??

I'm sure we'll see your successful hedge report after you make your millions . Apt handle BTW.

“This isn’t about (Russian) pride or imperial ambition. It’s about (Russian) survival.”

“The West built what military strategists call a fortress belt across Ukraine, a sophisticated network of NATO grade fortifications, command centers, intelligence hubs, and weapons depots that stretch from Kharkiv to Odessa.

“These aren’t just defensive positions. They were designed as launch platforms for offensive operations deep into Russian territory. Moscow watched this infrastructure being assembled for years, even as Western diplomats promised NATO expansion was off the table. Now, Russia faces an existential calculation: sign a ceasefire that leaves this fortress intact or eliminate the threat permanently.

” From Moscow’s perspective, any peace deal that preserves Ukraine’s offensive capabilities simply gives the West time to rearm, regroup, and restart the conflict on more favorable terms.

“They’ve seen this movie before in Minsk (1), Minsk 2, and every other broken agreement over the past decade. That’s why Russia’s actual war aims have nothing to do with the fantasies you hear in mainstream coverage. They’re methodically destroying the infrastructure that made Ukraine a forward operating base against them.”

“Until that mission is complete, peace talks are just theatre.”

"One of the many factors that led Putin to give the go-ahead to the SMO. Also an example of the gap between how the Russians see this war and how we in the West see it. While most in the West believed the Russians should not have started the SMO at all, the debate in Russia was often about why it had not been started earlier."

Roxi Darling ,

go invest in some bird mincers and leave us adults to talk.....

Horsheet

Keep coping.

makin***

keep coping

The Russians. LOL

Goldie needs to stop snorting the porridge

Horsesheet

link pleass

The trades were executed at approx 10% price premium which would indicate a sell, off books, by institutional investor/s wishing not to spook the market

expect a 10-15% fall on Monday along with an RNS.....dirty, cheating barstewards

my view is that someone has access to Govt info on EPL decision on Thursday.

Several major (+1MM) OTC trades showed up after hours but went through midday.....

trades from ~11:10 to 16:35 GMT (midday to close), with a focus on the multimillion blocks - Total OTC volume: 7,730,653 shares (~£17.15M value) — that's ~2.5% of Ithaca's float, definitely "naughty" size for a low-volume day, especially with Goldman's downgrade fresh in the air (Sell at 180p, citing sector headwinds).

either someone has inside knowledge and is outing before Monday or someone is reducing below the 3% TR-1 threshold.....