Member Info for billy101203

I revise my target 6p

As we are told;
Oil up
Production up (more to be confirmed)
Todays RNS showing new money from II backing sp
New deal
at least another 2 wells to be drilled
Sentiment changing (took 11 years)

P.s no other reasons apart from greed!

Just had a look. Wow full hammer on that one.!

But funny!

I'm afraid news can be death knell to sp sometimes.

I can't see why we dont start to see a sustainable rise in sp underpinned by production and proven asset.

Also we will need to do another raffle and raise a few mil. So with production and assets and maybe a drill schedule. We should have a few brookers ready to help CEO create demand as they know how to.

3p soon

Increased production with more to come
New deal on Twitter
Cashflow positive (still alot of mouths to feed)
Reduce costs
New PR team
Placing done (for now)

Could see big rise in SP if we can get $2m to $3m raised for future development. Cut farm ins out take 100% of each well.

Happy days

Told 3p

roll up roll up

I'll my best!

3p here we come

Funny!!! but true

I didn't want to mention that as it would have diverted todays good news (confirmation) on production.
I did ask back in December of what producition has been restarted etc.

However we have 103bopd net. So will see what shutin wells come back online. Still require and would be helpful if can get a list of producing wells, shut wells, decommissioned wells and plan for furture wells.

3p soon

Is written in American not English. Could have made it a whole lot simple to read. Its now left more questions the answers.
I think CEO needs to understand the difference between Gross and Net.

103bopd as of today.

Positive RNS.

I read it as 103bopd.

Good post.

It leaves me no other option to help!

10p buy the end of March once new drilling campaign starts!!!!

Oink oink

After placing, or whilst its happening they will have to let this out the blocks and correct it self.

Am I reading this correct, we have 2 battery tanks.

"Construction of the tank battery has been completed, including two storage tanks of 400 barrels each, giving us 800 barrels capacity for the well. (An additional two tanks, each of 400 barrels capacity have also been brought on site for use in the next development well)."

Lets keep the tone down a bit. Interesting as it is and funny.

Would be nice to see a RNS giving full breakdown of working assets generating revenue.
Also can't help thing we only put 2 battery tanks in for 100bod. They will need empting every week. Good problem if you have it.

Good positive delayed RNS.

Can someone comfirm how many Battery Tanks we have for said well. Is it 2,4 or 6?

I feel we might get a correction RNS.

2 only have 2, the other 2 are for another well. Try reading RNS 1st

"Construction of the tank battery has been completed, including two storage tanks of 400 barrels each, giving us 800 barrels capacity for the well. (An additional two tanks, each of 400 barrels capacity have also been brought on site for use in the next development well)"

If the flows were higher we would have used 1000/2000 barrel storage tanks depending on how much space we had on pad.

Steel

If don't have ambition of a 4 to 6 well drilling program its just going to be groundhog day and we are going to be bouncing along the bottom and before you know it and we will be Billionaires again. You know what happens when we are billionaires.
Theres noting to look forward to. Go back 8 years where we had a 3 to 4 wells planned and the sentiment was good just our geologist was or akin to theory not practical ability when using his knowledge that people paid £250 to listern to.

Anyway last 2 posters must jnow somethin the talking about volumes. I hope they mention there are more sells than buys like 9 to 1.

Yes!

Or guess who will run back and tell him!

Steel, the thing is we need to raise money. If you have a good asset nows the time whilst theres money out there cash in and get investors in whilst sp is low and there is potential on oil. Hence why I keep calling for production figures. Let the market place know 1st well was a success circa 20-30 bopd say (only say this figure as we dont have tanks large enough for more for a 30 day clean out). Prove the asset then the next wells will draw in the investment as investors/partners will be on a sure thing.

4 to 6 wells this year should be the target at least.

Don't get excited its the last of placing shares that are going through coupled with a seller cashing in a few million shares making a 100% profit since the days of .3. Its so the system doesn't get spooked too much and drops sp.

After this is done its all down to the 29th. Theres either going to be a push to create a market or we will drift back to .3.

We need news (managed expections!) to shift SP either direction. As we need to raise a couple of million at least this year to commit to a sustained drilling program without sharing the spoils. This would be on top of any revenue from production thats been restarted ( if any) and current new and old production.

All the above would have to be done to start a new drilling campaign starting in April at the earliest.

I bet CEO it wetting himself as he reads this.