RE: RE: Frustrated...23 May 2018 20:40
Good post that Ojay. Also inspired me to listen to Mike Buck's Oil Conference presentation from mid March for the first time in well over a month. I find the whole 2018 exploration project mouthwatering. Given it has seen some timeline modification and juggling with a second tender etc. Nevertheless, to think we're only valued at �60M (with an NPV10 of $480M on 50mmbls recoverable) and that mobilisation to the first basin opener prospect (90mmbls) has already started!! The wheels are turning.
Mike Buck, stated..."The Petro Matad team is very pleased to have started mobilisation to drill the first well, Snow Leopard 1, in our western acreage.'' That was 10 days ago already. Things take time but can see that the LTH's know that drilling this prospect is all going ahead and in fact the wheels of this 'sleeping giant' are def turning. As you say it's feet up time. Mind, the RNS signal is really going to shake things up :) Could have farm in news on FOX too!