Member Info for bobbbyrash

Black and decker drill with a tungsten tip drill bit ;-) nice and steady does it BLOE!

Let's hope our first well is a solid result and the rest will follow in due course.. my 30p target will then be in sight. Have a good weekend all and best wishes to our drilling team over in Georgia!

https://www.aljazeera.com/economy/2021/6/22/bb-big-oil-chiefs-say-crude-prices-could-climb-to-100-a-barrel

The drill bit and the price of oil will do the talking!

I wouldn't be at all surprised if we finished red.

So am I right with my basic calculations for the next 2 wells, assuming 1000bopd from BA and BB x $70 = $70k USD per day $500k a week, $2 million a month and $24m a year? Excluding our current break even production. Interesting 6 months ahead I'd say! Bring on the spud BLOE!

Good stuff!

The 2.75 and above are buys ,

I'm not sure how many barrels 88e were producing for their recent £400m valuation.

Let's get next year's drilling campaign out the way and prove up shed loads of oil and gas and I'll be happy with a 40p offer for the company.

About time we started moving. I was falling asleep with boredom. Let the fun begin next week I say!!

There is no doubt in my mind this is a 10 bagger + in the making. It is all falling into place. Just need these upcoming 2 wells to be a success and there will be no holding us back!

$73.50 on mine MP. But hey I'm happy over $70 and I'm sure Block is too. Although the market don't seem too happy at the high oil price.

Bull**** comes to mind

Maybe Bloes share price will soon follow. It beggars belief that we are still sub 3p. Onwards and upwards soon surely.

Are you basing your 6-8p on 2 successful wells producing a combined 1000bopd+ or one success and one dud? Or just improved flow from 16 excluding the 2 new wells? I thought the report below gave an 11p value on the wells excluding current 3p sp. That makes 14p excluding the possibly higher oil price come year end, excluding the validation of the companies work plan and excluding the potential of the next 4 massive drills next year. I think you are setting your sights too low personally. IMO. What gives 88e a £150 million valuation now? Any ideas coz I'm not sure!

I would prefer the news to be on 16az flowing at a respectable amount and back in production after remediation. The spud is just around the corner in any case!

I think we'll be 10p after WR-BA if flows as expected!

Not from me they won't MP

Did you mean 4p MP? 3p in the rear view mirror!

We have been suppressed for way too long. She going back where she belongs!