Member Info for blissful

Not long to wait now, looks as though Red Deer will come in first by a few days but who knows?

No one is manipulating the sp, the last two sells were after the market closed so maybe there was no other market makers to take the order except the one on the lowest bid. Or maybe they lowered the bid just for after hours sells.

I am inclined to think that any good news will be reported quite quickly as we have had so many negative I suspect the company will feel anything positive should be relayed to us straightaway. I am half expecting something next Tuesday, Wednesday or Thursday from Red Deer - or even Heron1.
I also have a green light for Monday 2nd September through to Thursday 5th.

That included the delay!

There could possibly be some news next week but the week after that looks a good bet for something more substantial. Here's a post from Pro on ADVFN.
My estimates now :

Red Deer-1 well will be into Secondary target during week commencing 19th August.

Red Deer-1 well will be into Primary target during week commencing 26th August.

Red Deer-1 well results and RNS week commencing 2nd Sept.

Heron-1 well into Primary target week commencing 9th Sept.

Heron-1 well results and RNS week commencing 16th Sept.
*Chinese drill operator experienced with PetroChina in area said could drill Heron1 in 3 weeks*

Crikey, you can even see the storage tanks at the PetroChina facility.

Here's link from ADVFN board to the drill site. And if you look a bit further north, at about 1 o'clock you can see the land is peppered with many PetroChina wells.

https://www.google.co.uk/maps/place/46%C2%B049'36.1%22N+116%C2%B009'19.8%22E/@46.826698,116.1533113,637m/data=!3m2!1e3!4b1!4m5!3m4!1s0x0:0x0!8m2!3d46.8266944!4d116.1555

They are buys, the spread is unreliable. You can buy at about 7.27 to 7.30, sell about 7.10 to 7.15.

Gary1960. Schoolboy tit-for-tat is unhelpful. I have no idea what is going on at the BLOE thread but if someone is saying you don't like I hope no one is so childish as to retaliate on this board, this is the MATD board. If people do not like a poster, filter him/her but for goodness sake don't go and annoy completely innocent bystanders. If someone burgled your house, would you go and burgle someone in retaliation?
That said, good luck whatever share you are invested in, that is the game we are all playing.

ColonelDrake. Here's some good weekend reading regarding the fool chris oil, The Accidental Oil Tycoon.

https://www.dailymail.co.uk/news/article-3079298/The-accidental-oil-tycoon-B-B-owner-faces-multi-million-pound-bill-trader-son-accidentally-buys-half-oil-firm-Belize-City-watchdog-says-buy-rest.html

I found this on ADVFN board.

che7win16 Aug '19 - 10:38 - 10670 of 10690
We have to remember that this stock listed at 55p, pre-funding.
The dilution has been excessive - but shareholders have been in at the bottom rung, as significant funding usually takes place before listing.
The directors have also been diluted along the way, being the majority shareholders.

It has been painful for long term shareholders, but at the same time, we have 100% ownership of the oil fields (unheard of) and 100% upside at the drilling stage. The greatest gains are at this point, where prospective resources can become contingent.
Those joining the party - I'm jealous - you miss the painful 2 year wait long term shareholders have had.

Along the journey, we acquired the Liberator West Licence which was a real game changer.
We also discovered the Serenity prospect which doubled the upside potential.
We have right now a fully funded 3 well drill campaign and senior debt funding for production after that (next year).
We have also attracted major investment partners such as BP Oil International Limited (3rd June 2019 announcement).
Baker Hughes, a GE Company was willing to take shares rather than cash payment for the Equipment and Service Contract (2nd July 2019).

Upside remains exponential - if we discover 500m barrels, 200m extractable, that's significant upside.
At $8 per barrel (due to us beside existing infrastructure and front loaded return on capital employed), 200m barrels is worth £1.3bn.
That is worth over £8 per share.
If we only discover oil in Liberator, 100m barrels worth 650m, well over £3-£4 per share.

With upside like this, and very high COS, I'm surprised we aren't much, much higher at this stage.
I'm hoping for a JOG like jump - and all before end of this year!

DYOR.

From ADVFN board.

Pro_S200915 Aug '19 - 03:00 - 2807 of 2832

My estimates now :

Red Deer-1 well will be into Secondary target during week commencing 19th August.

Red Deer-1 well will be into Primary target during week commencing 26th August.

Red Deer-1 well results and RNS week commencing 2nd Sept.

Heron-1 well into Primary target week commencing 9th Sept.

Heron-1 well results and RNS week commencing 16th Sept.

Gazelle-1 spud October.

There are multiple targets at Red Deer and it has been calculated that we should be at the first on around 19th August. This doesn't mean there will necessarily be an RNS but if there are oil shows we may see a flux of buys as the crew could leak the news to friends etc.

It's very old news Obelix!

Over 16 million traded today! Many stocks taking a battering so it's a great day for our RNS. As the market picks itself up this will move higher, two drills on the go (in stereo), one at over 75% Cos, the other 50% so I expect punters to move to the safety of Petro Matad where a strike could be a company maker.
I hope all the conspiracy theorists are enjoying eating humble pie.
I have a big whoosh here on the cards by close Friday in readiness for news on Monday which is likely to be another terrific day.
Could Red Deer be about to squeak with oil? To benefit you need to be in at this giveaway price or it will rain money but you will miss out. Happy days all.

Or in this case, writes!
Petro Matad
It looks like the impasse has been broken at Heron-1 for MATD and that Central and Provincial Governments are ‘resolving their issues and have given verbal approval for the company to resume operations on Heron-1 whilst necessary paperwork is completed’.

Operationally, preparations are being made to drill the 8 1/2 inch section as soon as possible. Standby costs so far are +/- $150,000 which is a pain but the company remain confident that both Heron and Gazelle should be completed before the end of the drilling season. The shares have rallied by 33% which is good but will only go better when some or all of these three wells come in.
https://www.malcysblog.com/2019/08/oil-price-petro-matad-iog-touchstone-zenith-and-finally/

I thought that 2nd RNS was to tell us that oil shows had been found at Red Deer. Another few days for that though. Anyone not in here still has time to buy some as this is sooooooooooooo cheap at the moment, it should be over 10p.

Number 1 riser today.

Great RNS, I knew it would be either today or yesterday! Watch this take off!

https://twitter.com/shafaq39