Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Yep Hepseal, hopefully the run of positive news will start at 7am tomorrow morning. Should be a busy few months of activity now till year end.
Totally agree grower, once the gas from Pat E 1 sidetrack starts flowing we will be up around 20p + we should have quite handsome production numbers by then from the current drill program. Hopefully a busy afternoon now expecting an RNS on Monday morning!
Looking forward to a bumper day here. Must be positive news now next week! Bring on 1k boepd for starters . 2 more drills coming up and we've not even started on the gas yet ! Finally our time is coming ...
RNS tomorrow folks??
The completion of drilling was RNS'd at end of August. So we must have been testing for at least 2 weeks minimum by now. All looking good at the moment. I'll go for Thursday RNS too with results although I would also be happy to see the red dot tomorrow morning at 7! Anything above 250 will really set us up nicely for the next phase!
I'm going for Monday morning too!
Let's see what next week brings boffer. This could finally be the turning point.
Welcome back boffer. Just in time for results!
Where's our mate Rustavi when you need him :-))
Brent just popped over $92. Nice time to release news on increased production!!
I was thinking the same Thordon! Sounds good to me ;-)
Come on Bloe! Time for a good flow rate so we can get on with appraising and developing project 3 and that 1TCF of gas ... And of course continuing with proj 1 phase 1 development and the 200m barrels opportunity in project 2. So much going on for a 10m market cap company!!! Time for a sp re-rate me thinks! Onwards and upwards.
There's Sarah selling out her 1 share :-)
What day are we thinking for test results? I'm going for Thursday next week. With a bit of luck the whole month of September is going to add nicely to the Q3 production figures.
Come on Bloe! Time to get this share price moving north. Let's get this party started.... Onwards and upwards for all us patient LTH's!!!
Yes we have farmed out 50% of project 4 but they are working on a larger farm out.
"GOGL is involved in advanced detailed farm-out discussions with national and major oil companies around a farm-in to the Dido Lilo and South Samgori Areas.
Commenting, Paul Haywood, Block Energy CEO said:
"This farm-out enables Block to combine and progress advanced exploration opportunities (800 MMBOE) with a capable and well-qualified operator, at de minimis cost, whilst allowing it to continue to focus on its core production and appraisal-led three Project strategy. This high-impact exploration opportunity also compliments the existing portfolio with very substantial upside which continues to attract the attention of major oil companies across the region.
GOGL have committed to a significant work programme that supports this exploration opportunity. The commitment to acquire and reprocess existing seismic on XIB will also complement our work within Projects I, II and Project III. The Company looks forward to working with GOGL, in the Didi Lilo and South Samgori Areas, as well as on a larger farm-out strategy led by GOGL."
That's exactly how I see it Hepseal. One more sidetrack and then the new well with multi lateral technology.
The rig might already be moving on to the next well location. Looking forward to the test results now. With a bit of luck we might be knocking on the door of 1k boepd with this well. We'll soon find out!
Totally agree spudsoil. According to the last interview and recent RNS then we will have 2 more drills before year end. So hopefully not waiting 7 months ;-)
Come on madman, get promoting bloe over on prd!