Member Info for CODEFRED

The Company anticipates that production rates from future development wells may be significantly higher.

Extra 50m barrels of OIL in Eldari B , and then there is the ever increasing Gas flows

Coggy ZONE 19

Little tick up

Onwards and UPWARDS

Here we go again !!!!

Of out rise from 0.006 , stifled then let loose

Coggy, Zone 19 that's easy to drill, onshore, prolific, gushing oil & gas and doesn't need stimulation, you mean that one, the one where the gas is increasing as we speak, that one, the one with pipelines running through it, you mean that one ?

Either a buy or transfer to keep us floating here, time will tell

Just watched again the podcast with the cap on that Eldari A is in process of being farmed out. Interesting

Bladey, Good idea

Expecting a positive week, good sentiment and sp heading north !

Looks like sausage fingers has been on the lash all afternoon !

And it's just speculation, could Eldari A be in JV talks ?

Commy good luck with whatever you decide

Commy your post right there shows you up, embarrassing really

Ste, if you think where we have come over the last 12 months with YA in itself is an amazing achievement !

As announced on 7 June 2018, in accordance with the agreement entered into with YA II PN, Ltd ("YA"), the Company redeemed 241 Series A convertible, preferred, redeemable shares in the Company held by YA ("Series A shares") for the cash amount of US$265,000 (the "Redemption"). Following the Redemption, YA holds the total of 2,650 Series A shares.

On 4 July 2018, Extended Well Testing ("EWT") commenced at T-39 well, by perforation of 21m interval of Zone 19, situated between 2970m and 3000m. After a well clean out, the well started to flow light ( 41.5 API), sweet crude oil together with wet gas and, under natural flow, achieved following production rates: 529 bbls/d of oil and 600,000 scf/d of gas using an 8/64" chock size, 347 bbls/d of oil and 425,000 scf/d of gas using an 7/64" chock size and 250 bbls/d of oil and 350,000 scf/d of gas through 6/64" chock, demonstrating excellent well deliverability. The Company anticipates that production rates from future development wells may be significantly higher.

There are not Tsbs, the info is in RNS's