Member Info for deltalo

Ros, only if you agree to compensate any investors who lose out on a sell of 0.30 in the coming months. Agreed.

We're using the same well pad as Columbus did on their discovery over a year ago, this time we're drilling slightly down dipped to tap into a larger more richer reservoir that'll bring in higher volume and pressures.
I really think that new onlookers don't realise the oil gas already been discovered and almost guaranteed high revenue returns.
We're on to a massive winner here I must say and I feel sorry for the 0.31 seller's as they've been robbed by the MMs and the deramper's.
Hope they take note.
Sunday start's the new beginning. Don't miss it.

Yeah a

Last minute chance for shorters or potless nobodies to deramp and slander the company before the Saffron 2 appraisal well begin's on Sunday, many were saying it wouldn't happen, now they're on about the funding, I new it'll all go ahead as planned and the rig and equipment is on site and ready to spud. I'll be copying your post today as in a month's time I want to see you all here.
Copy this, Saffron2 appraisal well will be a game changer for the company without doubt.

This will soon move back up and seller's will be left behind.
All begins next week.
Buy and hold.

The sp should go up, the 1.9b now 1.2b shares are already priced in at 0.35 as announced in the beginning, it's not the usual placing as the shares are still only available in the open-offer at the same price 0.35.
The company has thought this through this time and done the right thing.
Saffron2 begin's Sunday, don't miss out. "Game changer" atb.

Nice one Starchild.

Great result from us private investors, 3m to complete the Saffron 2 appraisal well including delivering and we've raised 4m so far, that's dam good considering the sp was below 0.35 for most of last week. Saffron#2 can now begin as planned on Sunday. All good news from this day on I do believe. We already have 13m available cash and 14m if needed so bring on the drilling.

It's been two weeks since the rig and equipment had been mobilised and making an its way to the Saffron 2 field, I'll be assembled by no I expect and ready to spud on Sunday, it's happening and it'll be a game changer for the company and us shareholders.
Next week will be very interesting.

Don't you understand, the licence is Bpc's right, it's not a request to renew it as its already given, it's just a formality. The licence will be given without doubt.
Did you listen to the latest proactive London interview with Eytan Uliel ?
Here it is again if you've missed it.....
......
https://www.proactiveinvestors.co.uk/companies/news/948701/bahamas-petroleum-co-plc-shareholder-qa-948701.html

Linton, you get that for free every morning when you look in the mirror.
Enjoy the news flow about to come.

Great result today, Saffron 2 appraisal well begins in 6 days.

Should get an RNS shortly, hopefully all passed so we can get on with the Saffron 2 drilling.

Last trading day before the EGM, then it's all systems go for the drilling of Saffron#2 appraisal well on the 23rd,
I think 200-300bopd is a reserved estimate imo, I expect it could be higher.
We're using the same well pad as Columbus used but slightly downdip to encounter a thicker and larger reservoir, if successful it paves the way for a full field development starting with 5-9 wells by year end and up to 30 well's in total.
It's all about to begin.

Starchild, that's what I was thinking, just shows how confident Dr Riley is in the future of the new company to be interested in joining the company.
Also he'll attract large investors/stakeholders to be part of the financial support of the company.
Great job Eytan.

Is very impressive don't you think Starchild,
His experience and connections will be invaluable to the company,
Just goes to show the potential scale and the potential value of this new company going forward is very exciting.
It's all coming together nicely I must say...
https://massygroup.com/leadership-profile/robert-riley/

Zag, what a joke you really are, your short is about to hammered starting from today, this will keep moving up now so wake up, as you'll be the only shorter here soon.

Chris, you don't own a single share as if you did you would vote in favour of all resolution's like 99 percent of shareholders have, you have no voting rights, all resolution's will be passed, no doubt about it.

Excellent news this morning, two great rns's.
Welcome Mr Riley, former CEO in BP in Trinidad and Tobago.
Rig being assembled at the Saffron#2 site.
Highlights:

-- Mr. Robert Riley, the former Chairman and Chief Executive Officer of BP in Trinidad and Tobago , has agreed to join the Board of the Company as a Non-Executive Director, effective subject to customary new director due diligence, consistent with the Company's forward business strategy of seeking to grow production and cashflow primarily from assets in Trinidad and Tobago

-- M obilisation of the drilling rig to the Saffron-2 wellsite has been completed, all elements of the rig are currently being assembled at site, and spud of the well remains on track for 23 May 2021

All about to begin here, rig on the way with other equipment ready to drill the appraisal well on the Saffron 2 field on the 23rd may. ......
.....
Rig mobilisation to the field will commence on 9th May 2021, targeting commencement of Saffron-2 drilling on or around 23 May 2021

-- All equipment (including various re-usable items from Perseverance-1) have been mobilised to Trinidad, along with necessary contractor personnel

-- Design of the Saffron-2 well includes a production completion, allowing for immediate oil production and sales on a successful well, with anticipated rates of 200 - 300 bopd, which it is estimated would provide more than US$1.8 million per annum of cashflow to the Company. Based on these pre-drill estimates, Saffron-2 would have a payback of 12-18 months and an ROI of in in excess of 200 per cent.

-- Following a successful Saffron-2 well, a further five to nine production wells are currently planned to be drilled in H2 2021 as part of an overall field development of up to 30 wells

-- These further five to nine wells are projected to deliver average daily production of up to 1,000 - 1,500 bopd, which it is estimated would provide US$8 million - $12 million of annual cashflows going forward (based on a US$60 / bbl oil price)