Member Info for Argylerich

Not really Palm, without the CPR and the cash from Williston I'd expect only preliminary discussions.
I would expect an announcement pdq though if they expect to be pumping through it by year end.

Thanks duffs and Adon, and yes Evan, it would be material to the company value so it would have to be an RNS.

Lol Evan ya beat me to it!

V111JAS totally agree re the strange negatives, as you say, it looks like some are trying to extend the drop which is beyond brave.
Re the infrastructure "which we are doing right now" (8.28 in the interview) I would think they would have to RNS an appointed contractor but either way their build target is by the end of year when the 3 other wells will have been drilled.
I wonder if progress can be monitored by satellite?

As Whistler rightly picks up:
"16-2 ready to flow,just infrastructure to complete.
Next 3 Wells can be connected straight away as infrastructure will already be in place."
So by the end of the year there will be 3 wells flowing from the Paradox and possibly the exploration well too.
With 16-2 production tests running smooth at 1083 boepd (and potential for over 2k), similar wells will result in at least 3k boepd cashflow added to Williston.
That's more than the current M-cap annualised.

Looks to be staying high again today.
In the previous 5 working days over 124m shares changed hands. If we get another busy day today, that's virtually 10% of the company.
IMHO good re-basing for the coming news flow.

Malcy saying on twitter that the interview's been done and will be "out soon". Hopefully quicker than the CPR release;-)

Many times this share has been referred to as 'off the radar' on these boards when after the last few days we can clearly see it wasn't. There are plenty of mumbo-jumbo conspiracy theories being touted about the price correction but as I read it there are 3 main reasons.
1) We were fully loaded with short term punters looking for a quick rise from the much hyped and long overdue CPR.
2) The 5p Turner Pope investors. I'm not surprised they'll be cashing in ANY profit let alone up to 60%. I think I've witnessed 7-8 TP fundraises and this is the first I've seen bag a profit.
3) The long term rise from 0.55p. Anyone would surely be mad not to top slice with that level of profit.

Overall, I can only see this as a typical market over-reaction. No need for hype and we await the next set of news. If they stick with monthly production/cash flow from Williston then we should be in for a notable increase in revenues announced on or after the 1st week in May.

IG out of cheap stock, quoting 5.87 now, bouncing time?

There's no way that a large crypto operation will invest $100,000s in setting up an operation in the middle of the desert without a CPR in place to satisfy their bankers (yes they do have to operate in real $ too). The same goes for any pipeline connections.
Only now can they move to finalise any deals.

It was only from Williston if I remember the interview correctly. The period involved was before the Russian invasion of Ukraine bar a few days, so the real market rises have yet to reach the coffers.
I believe Paradox production is either on hold or limited pending decisions on hook ups/pipelines etc etc

what you talking about?

https://www.malcysblog.com/2022/04/oil-price-diversified-energy-chariot-egdon-union-jack-and-finally/

MEM on the 'non-news' front old chap, I think you're gonna be wrong.

There many news items 'in the pipeline'.

Gas pipeline connections/crypto on site, rig mobilisations and IMHO I think we're going to be seeing monthly cash flow/non-op numbers for the next few months.

Molotov, what was their prospective well target? 50 plus?

So a $2m drill cost per well and a $22m proven return?

3 more wells this year.

The foot is definitely being applied to the accelerator.

https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-fda-authorizes-first-covid-19-diagnostic-test-using-breath-samples

Volume accelerating nicely, and we don't even have the CPR yet...

The title of this thread is a tad misleading as Zephyr won't be "getting into Bitcoin mining".

It's a simple case of who best to sell the gas to.

A crypto company with a turnkey operation who can set up rapidly on site, or build that connecting length of pipeline to the gas grid.

Maybe both as there seems to be enough gas and demand is growing.

3 different times, never suspended :-)

Muggins the board is still waiting for an update as to what division of the failed Modern Water you used to work for?

You know, that company that spunked £100m of investors money, had five fundraises etc