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Funny this board lol breakout breakout!! Oh no, back down again. Hoping for some news this week :)
interview, he seemed a lot more composed than yesterday’s. Much more detailed and gave a great outline of the company’s ops. Still holding strong and I definitely won’t be letting go of my shares
I see it only as positive, once all the extended testing is complete we are going to have a serious bbpd figure!
https://twitter.com/blockenergyplc/status/1019910428296654849?s=21
An update on Block 12 in Georgia from Frontera this morning where the T-39 well has been side-tracked into the Eldari B formation. The well delivered 132m of total net pay in zones 9, 14, 15 and 19 which is a good sign and one the EWT confirmed. The EWT delivered between 250-529 b/d of 41.5° API and 350-600,000 scf/d of wet gas demonstrating ‘excellent well deliverability’ and that production rates from future development wells may be ‘significantly higher’. There is also much more potential as the Eldari B formation goes deeper as found at Niko-1 in the Miocene and of course the CPR has 3.2 TCF of recoverable gas in the Gareji formation below the Eldari. News from Ud-2 is mixed, the well flowed dry natural gas but poor casing cement (the well was drilled in 1981) prevented a frac job being done so only 150/- scf/d was flowed. The company are talking about ‘considering the option of a side-track’ something that they surely must consider seriously. The EWT’s on T-45 and Dino-2 continue and particularly in the former, where I visited early in the year, I am hoping for good news. I am confident that despite the relatively slow pace of activities that the outcome the very high CPR numbers and be good news for shareholders.
Obviously huge potential seen by investors with the amount of buy trades
960 bbls/d of light oil
Can see the gas been put to one side now..at least till full oil flow gas been established. The oil rates are exceptional, let’s plug in and get selling
Think my money js going to be locked up with frr for a considerably longer period. The oil flow rates are great, possibly the market was waiting for gas and this could be a bad day
Agreed
Been strange all week.. something going on..or mm’s losing the plot lol
https://twitter.com/fronterares/status/1017289483476140034?s=21
Chevron now lol there’s a big bloody list now
Haha best sit tight then lol
I hope his 5th birthday is This year
Silly question Kempey... BUY BUY BUY
There’s been 5 now over the last week, sometimes it does work. Maybe a multiple of RNS been stocked up...ready to blow the market away ;) or...we can always dream. Fingers crossed for some good news
I think that’s 4 1 share trades gone through since last Monday now.
My last top up gone in now, the current SP is mental!!! News can’t be far off now