Member Info for comeonvog

rossannan agreed about the fiscal Regime .

"We remain optimistic about the prospects for imminent, and necessary, reform of T&T's fiscal regime, specifically SPT which significantly discourages investment and stifles activity in the sector. This is, in our view, essential if Trinidad is to attract the necessary investment to maximise the value of its world class hydrocarbon deposits within the Net Zero time frame. We continue to work with the MEEI and wider Government with the goal of delivering a positive outcome. "
But with Trinity being one of T&T's top five crude oil producers you would hope they could finally start to put some real pressure on the government.

My comments are mainly about how long this has taken to get to this stage.
"We believe that this is an inflection point for the Company with the imminent resumption of drilling" Let us hope this is true.

Obsolete yes , but i wont hold my breath. Still i think we are slowly getting some clarity and personally i look forward to the next year invested in HBR.

Time to take some profit perhaps.

Happy days .

As i said , BOD comatized , inept , out of depth. life style management with no real drive.

me to , buying at this price is another gift when we know the last well flowed at 9,550 bopd. September we start to see the real benefit. IMO

Now's the time to buy then.

Still think worth 20p+

Just shows the strength of the west to affect markets,slow growth encourage output squeeze on price.

hydraides Give it a rest , you sold so relax and let us do the stressing. Picked up a few more at 317p

Only till September, then news on a dividend .

Incredible company , what an update.

Q2 2022 was a strong operational period for the Company, having unconstrained production for the majority of the quarter. Production was supported with strong oil rates from wells 8H, 9H, and 10H, each flowing between 3,000 and 4,000 bopd with well 11H commencing production on June 30, 2022 at an initial four-day average of 9,550 bopd. Well 11H was drilled and completed for an estimated $13.8 million, which was on budget, and with total depth of approximately 4,300 meters, inclusive of the 1,125 meter horizontal section.

· Well 11H was put on production June 30, 2022, and has averaged approximately 9,550 bopd over its first four producing days with an estimated payout in early August 2022;

jk400 Thks for sharing and i look forward to the "Break out year" even if we are now trading below 4p.

NM i would hope he understands that and we will get some corporate news soon. I know i am mostly positive when i post but lets be honest we are in a better shape now than the last two years, our production is going up and we are receiving more $ for our sales. I cant see any big spend for this year so we should show some retained earnings or pay down of the debt . I would also like to see some buybacks at some stage or the company sold for 3p+.

We go North next week, NP.

SK if 365p /380p was good for buy backs this is a gift.

Bought 331.4p now that was a steal.

Well i am buying here, 137p

This is so true, shale killed us and the market wanted cheep oil for growth . Now is our time.

downbutnotout...we always lose i thought that was the name of the game.