Member Info for Cautious11

Could you be good enough to answer a couple of questions I posted for you yesterday morning re the liner Thankyou

Check your facts next time If you knew there was a stage 2 payment you knew also about the july Rns

Oneandonly. I was under the impression that the Rns on 15th July stated that they now control 100% interest in west ravia and this superseded previous agreements

The specialist that you say are on site re water ingress. If they put a solid liner down to stop the ingress in part of the slotted line that’s allowing in water, is this done while the well is producing if not how long do you think it could take
I don’t think an Rns is held back because it makes a difference it’s august. A good Rns with today’s digital media would soon get around

I hope your right. But the Rns said 295bopd from testing. Why put testing instead of production.
PH stated these Rns get checked 5-6 time by competent persons so shouldn’t be any discrepancies,
In March Rns they stated they were aiming for 325 bopd then in April it changed to 325bbl/d
There either incompetent or cute

Bigboffer. You continually crack on about well 16 produced at testing 3-4 times more than expected and once again ya wrong. The March Rns stated they were hoping for 325 bopd
In April they hit 1100 bbl/d notice the difference. Bopd or bbl/d, ya moan about Mike 31 deramping don’t go the other way. Produce facts
Ajw. Yes they said that since production started they have averaged 295bopd since testing started.
I put it to you that initial testing was far higher than that so the average overall has gone down,
Note they didn’t give us the average from when they resumed production. Which is a bit naughty
And before bigboffer gets on his soap box No I’m not a deramper just trying to get facts and learning. I’m in deep here so wanting this to very successful

Thankyou. I just wasn’t sure why Ajw said this was key, I thought getting Bago up and running is probably more important

Ajw. Bear with me on this one. Currently the gas is flared and the oil is being transported to leased storage. Is the water currently being separated on site or were the storage is or separated later beyond storage. I don’t think we have been told how long the leased storage is for. It could be continuous.
Why is it key for us to have the separate storage area! Is this holding anything up.

I think all looks good. Be nice to see a Rns to update us all on progress, in the recent Interviews not one presenter enquired about the gas testing or Bago, all pre arranged questions.
Also still no question and answers on Bloc’s website as promised by PH a few weeks ago.

Papillon, Bago was mentioned in Hepseals original response by Justin saying everything is in line to flow after Bago have signed the contract

Agree. In April in an Rns Bago were going to sign the contract shortly, 4 months down the line and still no news apart from someone else had given PH a better deal. Then Hepseals response from Justin stating there shouldn’t be a break in production until the gas is sorted but it’s Hepseal who mentions Bago not Justin

Nicodem. I don’t know if legislation is 60days. It’s something that’s been mentioned on this board on numerous occasions Have we ever seen this officially anywhere. Looking back on Ajw posts I think in July he mentioned 60 days and reapplying, or is it just while testing is in progress. Either way it looks like it isn’t an issue now

That’s ok then Hepseal. he agreed they were ok upto December, I said to him I thought it was 60 days for gas flaring and he said we’ll just keep reapplying. He may have got that bit wrong, it’s information he has had from site Either way I still think it was important enough to be in a Rns

Papillon the gas flaring has been my worry for a while now, I was thinking a 60 day limit and then shutting the well again, I spoke to Justin Thurs morning querying this after Hepseal had recieved a response from him stating they will keep reapplying until December when Bago will be sorted
He confirmed to me this was correct, I was not too pleased with him, it seemed a bit blasé, I said did he not think this should be in a Rns but he said he didn’t think so.
The only thing I could think off was the Georgian government want this to succeed and given them some leeway

Billtucker your another one who doesn’t read the posts properly, just puts down what suits your own agenda. Ajames could well be back next week, let’s wait and see. You work well in tandem with Mike 31 another knob who’s filtered along with you now. It’s when you make things up you lose all credibility

Malodoni. Just so you know I didn’t report AjamesW. He was away for a month and has somebody already stated he could have forgot his password and set up another account while away which got deleted, his other account is still open and not been used since 24th July on any board

Simon if Amati took an extra 27 million shares equating to £3million then the others I suppose could be under the threshold

bigboffer they never had 1000bopd it was 1100 bbld reduced choke down to 700 bbld, that’s what started the confusion

Bear. . It does happen. A company I was in 18 months ago (servision)said they wanted to be a mid tier company and got iis money at a 50% premium and went bust.
The fact that 12 iis are involved gives a lot more confidence. All I’m asking for is more communication like April May and June

bigboffer I don’t disagree, but the Rns in July said they had restarted production but the 295 bopd was an average from the the start of testing not from production time. You can surely understand the uncertainty on here after PH couldnt keep away from the media possibly over hyping the situation but credit due got 12million in the process at 11p a share, but at the time left too many unanswered questions