Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
This week hopefully Rocky!
I think we will be at the business end of the drill now for sure!
Thanks for sharing Piscator!
Worth a punt at 0.75 but it's going to 0. What a fool.
Well done chesh! Drill must be a bit deeper today!
Https://youtu.be/FtRzDpZoFgw
This is to remind everyone what a blockbuster looks like. For your info Greybadger.
Nobody seems to have any idea how big Block is going to be. Any new tweets of the drill PH? :-)
Also worth noting is the April average production rate was reported as 620 boepd and yet in the Q2 update we had a 3 month average of 664 which would suggest we ended the quarter with a slightly higher production rate which bodes well for Q3. Let's hope we get a cracking success on this well then the 1k boepd initial target must be in reach! Looking forward to more Twitter updates this week!
Drilling progressing under a nice blue sky. Hope there's plenty of black gold down below ;-)
Thanks bits! Hopefully a spud RNS this week. Onwards and upwards, let's increase production over 1000boepd asap!!
Thanks bitsas, one way or another we know the spud is extremely close now! A nice solid 300boepd+ would work a treat.
That sounds great to me Hepseal. And at some point the sidetrack on Pat E 1 well will get the juices flowing:-)
Time to load up before next spud!! 3x new wells this year. Last one possibility multi lateral technology. 1.5k boepd by year end anyone?
Yes, oil price back over $80 chesh.
The SP lied when 88e was valued at 400m with wait for it ........ Sweet FA revenue. Just a pipe dream. Block just produced another sweet 500bopd + today..... Nice with a rising oil price.
We had news last week Sarah that our oil revenue alone is $1 million a month. Did you not know? Strange for someone who follows the company so closely every day!
I can Hepseal and I'm sure many others do too. We are in the best position we have ever been in as a company. I was pleasantly surprised by this mornings production update as I was expecting slightly under 600boepd average. I know you were thinking 600. So the positive news this morning shows a very steady and consistent production in my opinion . So the next well is just about ready to spud and let's hope we can get 300boepd+ from this next well and we will be pushing the magic 1k with 2 further wells this year. With a bit of luck 1.5k could be achieved by year end. In the meantime we all wait for the sidetrack on the Pat E 1 well which will be an absolute game changer for us. Onwards and upwards with the SP at some point but rest easy that Block energy is finally delivering on the long term plan.
Pizza and chips cooking here Rocky!
Madman, when they offer me 30p in 18months time they can have mine. Not before the 1TCF of gas and she'd loads of oil are proved up further!
And peeps were paying 2.39p last October BEFORE we had a successful WR-B1az result and record production! The only way is up that's for sure!
150k shares bought and 110k sold and we turn red? Roll on the spud to end these bullsh*t games