Member Info for Casper786

Matd is not just Exploration company....

It has 200mmbo DISCOVERY in its p/f ( HERON )

Whilst this discovery at HERON is developed.......we have Gobi Bear Exploration to look fwd to ( 300mmbo )...

It is also very very possible we will have TWO more Blocks added to our p/f by yr end...at latest early nxt yr....

Then you have other projects ( renewables, battery storage, green hydrogen etc )

Cash in bank on top of my head something like $13m-$15m

Whats not to like.....

5p = m/c £75m

10p = £150m

15p = £225m

20p = £300m

🔵Heron1 Production commences end of q3

initially this well flowed at 841BOPD 44 API

🔵Heron2 to drill end of q3..in Production by end of q4

🔵Heron3 was planned for this year now happening early nxt yr

🔵GOBI BEAR 300mmbo TRANSFORMATIONAL drill starts end of q3

Today some might be saying

" damn it, i missed out buying under 3p "

To that all i am going to say...

Soon if you are not careful, you might end up missing BUYING under 4p..

We are expecting too much of a NEWSFLOW near term for this not to reach NEW HEIGHTS

Delayed BUY at 17:07 of £41.5k @ 3.10p (highest of day)

Good strong FINISH into close...especially on volumes front...

Same again tomorrow please..

Bye Bye 3p......Get Ready 4p.....thereafter it will be 5p's turn

Remember this is just the START

♥️ ♥️ ♥️ ♥️ ♥️

What 3p...

Now that we have broken this 3p barrier...lets hope we stay above it...

NEXT...

We attack 4p...

HAPPY DAYS!!!!

3p ...going...going...GONE!!!!!!

Cybertron

See below page 10

https://www.petromatadgroup.com/wp-content/uploads/2024/07/Corporate-Presentation-10_07_24-Petro-Matad.pdf

"Estimated mean in-place oil resource of 307 MMbo"

We r not there yet but almost approaching £1m exchanging hands..being held by placees..UP by 10%

I can not wait till the days when £5m £10m r exchanging hands.. f GOBI BEAR DRILL comes in then £20m-£30m even higher will be seen on daily basis..

THEM WILL BE THE DAYS!!!

All most there..

Both legs over 3p soon....VERY VERY SOON!!!!

Trick is to GET IN be4

Production starts at Heron1 by end of q3.....dont worry if you miss that....then try to get in be4 Production starts at Heron2 q4...if you happen to even miss that.....then try to get in be4 DRILL results from GOBI BEAR 300mmob q4...

You will get plenty of chances....BUT ... BUYING under 3p would have long gone....

3p m/c=£45m

4p=£60m

5p=£75m

6p=£90m

7p=£105m

8p=£120m

9p=£135m

10p=£150m

11p=£165m

12p=£180m

13p=£195m

14p=£210m

15p=£225m

20p=£300m

This £300m could be blown out of WINDOW if GOBI BEAR 300mmbo drill comes in..

Lots of folks are getting EXCITED re- #matd (rightly so)

Some will ride it till Heron1 production (end q3) previously this has flowed at 841Bopd

Others will ride it till commencement of Heron2 drill completed by end q3

Heron2 production starts in q4

Heron1+Heron2

Flow rates can be anything between

300Bopd-1000Bopd each

Lets say they Flow at 500Bopd each=1000Bopd

1000Bopd x $75 = $75k/day = $2.25M/mth=

$27m/yr

Heron3 should be drilled and into production by q1 2025

Give it 6mths+ rev=approx $40m/yr

It is just my opinion..i feel real game changer 4 us is not the production at Heron1/Heron2 which will indeed help us get closer to £150M+ m/c with ease

BUT

Real GAME CHANGER / TRANSFORMATIONAL imo for us will be 300mmbo GOBI BEAR1 Drill which starts lateq3/earlyq4

WATCH her GO... once supply from placees stop...

soon ... VERY VERY SOON!!!!

HAPPY DAYS!!!

Ansu

and

Watermelõn

🍉

reposted your post

Excellent update from #matd re-work programme 2024/2025.Couldn't have asked4more.

Loads happening in next 6/12 mths.

Lots of NEWSFLOW to look forward to.

GET IN EARLY these current prices wont hold forever

REVENUES to be generated shortly from Heron-1

HAPPY DAYS 🚀🚀🚀

Multi-bagger in the making...looks like tide has turned finally..

In for a trade...even though i think this has LEGS to motor on to make few BAGS for some in coming mths...as possible BIDDING war starts..

GLA

In about 3 wks time we will get them improved ( fingers crossed ) production figures...

Operations/sidetrack due to commence tomorrow...14 day program...thereafter PRODUCTION starts..

300Bopd - 900Bopd = 300K - 1.5M euros per month...

Key is get this SCHB2 Sidetrack flowing with improved flow rates ( 300bopd )...then add EP which could take us to around 900Bopd...

Once we get going with SCHB2...it wont be long for us to start working towards SCHB3 / SCHB4...remember aim is to get to around 4000Bopd from Erfelden alone in next couple or so yrs...

HAPPY DAYS!!!

CrustyPete ...spreadex clients came through the back door ( placing, mates rate )....glad to see them on last legs ..they are under 3% now...from around 6%+..

MadEnglish ...on 26th of april....spreadex had 2.98% left ( under 3% )...now they will be gone with out any further TR1's unless they ADD and cross above 3% which i doubt...

Spreadex has taken the mick here...glad to see/know they are on their last legs now...

Once they are out this should rocket towards and beyond 0.10 in quick succession

GLA

Still on track to get 900bopd in April...

Next rns should state flow rates before ESP and after reinstallation of rod pump...250bopd hopefully...