Member Info for djm1

once again you talk unmitigated ****e. Fund raise..get a grip.

C11, i have asked the question and asked if any of Blocks production is being auctioned on the 30th of September and if so how many barrels. I don't expect a response, i normally don't get one.

AJW Norio and Satskaneshi were hoped to be producing 250 after the work over programme and were used as the" keeping the lights on income stream " at 60bopd, however they appeared to have halved to 26bopd 9last production RNS)after the work over rig and nothing was ever mentioned again. No explanation was offered by the company why the target was missed by so much, the attention was on 16az and PHs smug Brylcreem adverts. You offered an explanation at the time that the workover rig was moved to 16az, and that wells decline, but its still an example of the shifty behaviour from Block that is damaging sentiment here. Without that the derampers would have not have the leeway to work their spin. Do you have any contact with the company? GLA

An Oil sale would make a good RNS. thanks for the work.

C11, the point is that they have intimated that many of these issues were a mere formality away and that goes for the spudding of 38az, but time and again no action, they cant keep on in this vain as frankly no one believes a word they say anymore. It must be made clear to them or else they will carry on. Even now were only at the beginning of what's meant to be a company making programme and we don't even trust what they RNS. That's the one concrete fact that they have achieved.

It is a very poor state of affairs that we are having these arguments on here at all. We have dissected every word ascribed to every Block employee and i'm sure it won't be long before were analysing what the cleaner said on the bus home. But its been a while since the last Nomad was sacked, a new PR team was employed and a Q and A was promised along with an operations plan to outline what the 12million fund raise was for (which deimated share price despite PH promising no fund raise was needed)and nothing has been said. Its a fact that without good communications there is no trust and the share price won't reach its potential (assuming the drill bit works out ok) until the company comes clean and addresses this issue. I think Pis need to put pressure on the company to address this issue. An email to the company expressing dissatisfaction is a better use of time than sniping at each other on here. Just my thoughts.

I am a assuming that if 16az stops producing commercially then it would have to be RNSd? Last we heard was two weeks after the 295bopd RNS when Phillip Dimmock said they were bringing it on slowly and that it was increasing. I know some here believe that the 295bopd average figure in the RNS may have been calculated using the initial flow rates that PH announced, i.e. up to 1200 brrls a day in order to slyly bump the number up to 295bopd: we don't know. I find it hard to believe that after PHs performances which have been roundly slated and deservedly so, that another company officer would come out and then lie in an interview. But that's just me and i may be wrong. The lack of news is frustrating in the extreme, i just wonder if with all the plates being spun by Block that they are stretched with the personnel they have to get things done. They don't live in a bubble so they must be aware, things must be coming to a head. GLA LTHs.

Maladoni.. thanks where was that stated?

AJW do you really believe they will get to another well after 38 by December? I'm beginning to think not. The company simply does not do what it says it will.

I have no faith that the company will give any information it does not have to.

thanks

AJW, can i ask how you know what Block are still waiting for in terms of machinery for well 38?

Thanks

So a set of un audited interims are due by the 30th of September, does the fact they are un audited mean we are in a closed period...? Thanks TF and AJW

Simon T they were talking about "Reputation" not bopd when talking about making up lost ground.

Cautious, you can be sure Malcy asked about flow rates, whilst what was said specifically wasn't printed Malcy clearly feels its in line with what has been said and RNSd already, anything else would mean PH deliberately misleading him. So between the RNS and the interviews the company is maintaining that circa 295 bopd is being produced, and stored. Malcy also quotes a net back figure of $35.00 per barrel..... i.e. there may be an agreed sales deal, which Dimmock talked about being in negotiations for in the interview.

Simon T the figure of 295 was from the RNS, not a "quote"

Simon T i'm not, he said its increasing, go and have a look for yourself. Cautious11 the RNS stated 295bopd, after that Phillip Dimmock did an interview confirmed and said categorically it was increasing. PH has just done another interview confirming the well is flowing, they have confirmed 295 bopd and being ramped up cautiously.

Telling Lies.... two company officers have gone on record in the public domain ( one repeatedly) and as recently as a few days ago, on forums widely visible in their chosen profession, to maintain that the performance of 16az is increasing from 295bopd. That's the nub of it. PH was naive for sure. But Phillip Dimmock?

maybe because the rate isn't finished climbing. I got the distinct impression that Phillip Dimmock is not the kind of man who gives a fig as to what anyone else thinks. He said it was increasing.. he would not have come out and lied publicly like that. Not for anything. An entire career ****ed away like that? My spidy senses tell me that. Frustratingly slow ...inch by inch even yes and hang the doubters would be my assessment. it's called being a gentleman and having some honour. Look at that interview and judge yourself would that man lie on a public forum?

Simon T As I understand it the well will prudently ramped up whilst enjoying excellent net backs of some $35 pb at $65 Brent and whilst achieving production rates such as were found on the exceptional test is unlikely, time will tell on the correct rate. Last RNS 295bopd.