Member Info for AParky

I looked at who held pizzaro a while back which of course led me to TCL, at the time I thought mmmmm takeover maybe in the future I think I posted my thoughts at the time. They are looking to get into oil production big time.

Good result from the first well if it comes off and looks like he has called a min of 500 bpd not without it's problems but not down to us

Yes hopefully Brasso3 and then test results to follow, nice steady uptrend at the moment.

Off the radar, I don't think we are on the same planet Agamemnon

Hi dirichi the wells are only expected to take overall production to over 1000 bpd not 1000 from the 3 wells in the pesto guardian concession. Anything around 2-300 from each well would be nice, under expect over achieve. One or two could even fail, yikes I hope not

Engineering Services So far, Petro AP has 11 blocks with operation rights and exploration rights in the world, which cover a total area of 14499.53 km². In 2020, we plan to be a multinational oil company with an annual output of 0.5—1 million tons of oil equivalent. The required technical services are as follows: geophysical prospecting, drilling, well logging, oil and gas field surface engineering, oil and gas transportation, etc. Petro AP welcomes oil and gas investment companies from every nation to offer block or block bidding information. Meanwhile, with the hope of seeking and discovering every cooperative model with domestic and overseas oil or oil service corporations as well as developing jointly, Petro AP stays open-minded and active. We believe in this way, our ultimate goal will be obtained. Looks like they mean business. A quick look and I hope this is correct 7.14 barrels of oil equivalent = 1 ton

Brasso3 I think max output expected is down to around 4500 bpd. Agree Andes Energia drilled with their partner around 90 wells last year some only producing 90 bpd but collectively many thousands. An average rate of between 200-300 per well would be nice

Max2 PL is aiming for a sustainable flow rate well above 1000 bpd with these three wells and then a follow on program next year. Depending on the success rate of the first three wells will I would imagine dictate the way forward.

Good find Brasso3, this explains where the rig is sloping off to in between wells 2 and 3. Maybe a farm in partner for the future. The question is are we going to build a war chest next year to have a go at MDT

Hi baz, I found a list of expected prices for the gas for Sound and it was similar to $7.5 we would achieve

Maybe wide of the mark with this assumption, I was watching Malcolm GW going through his bucket list today and was very interested when he made a comment about Sound energy's gas find being worth £1 per share for each trillion cubic ft of gas proven. A company with roughly the same amount of shares in issue and looking like they will achieve similar prices for their gas. Makes MDT look very tantalising, 2.3 Tcf and 6.7 Tcf including Matoras.

An interesting story http://bismarcktribune.com/bakken/breakout/can-argentina-responsibly-develop-its-massive-shale-oil-and-gas/article_9cc874f6-63bc-11e5-bcfe-83e4c36d89ee.html

An interesting read http://bismarcktribune.com/bakken/breakout/can-argentina-responsibly-develop-its-massive-shale-oil-and-gas/article_9cc874f6-63bc-11e5-bcfe-83e4c36d89ee.html

Thanks Brasso3 all looks promising and fairly confident with that storage tank getting sited. Rns next week on re-entry.

Finally, there is also a 5% gross overriding royalty on Pirity block, held by Weins and Klassen. Does that help baz from page 11/38

it could be that PL is just reinvesting the profits he makes from the loans he has with co.

Topped up today, only another 10 k shares, was dithering for a while sat waiting like Northernmagic but PL worked his magic on me again.

Hi and welcome NM, a little confusing bought in a while ago and now looking for a lower entry level. Not on many radars so it could slip back a touch ( hope not ) after the excitement of the PL buy dies down. But then again with drilling starting before the end of the month who knows we could be into double digits as Randyrangard says.

Make it possible

PL has his sights set firmly on the MDT play, be it one two or three years down the line,possible after production is ramped up to a level that will make it