Member Info for drillingcrew

Next news then...

"Zink Ranch has a total of 50 historic wells and 18 active wells.

·     The Attis team have been in the field over the past week assessing the near-term requirements for optimisation.  

·     Initial topside field production enhancement techniques will be applied during April. "

18 active wells producing conservatively 10 bopd each (average) would make Mayan a very profitable company !

Next couple of weeks may well see this break even company make a serious profit?

See a few commentators expect a run to 0.30 in coming days.

So has the line in the sand been finally been drawn?

Should have sat at the front of the class!

If Zack's target price is close and achieved makes Mayans 1 million shares and 1 million warrants somewhat significant (probably worth more than our current mcap).
Interesting times ahead.

If Mayan announce tomorrow (or this week) that they ARE retrieving and selling oil from their recent work overs and that represents a breakeven point (50-60 bopd) and therefore NOT haemouriging cash.....
......will that be enough rerate the share price here and if so to what level?
Last week's 41% uplift (although very welcome) still leaves this share locked in the bottom drawer for a many investors...
What's the real news we need to put Mayan back on the radar for the right reason?
Waiting with cautious interest and a tad of optimism!

Is this company our elected operator?

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.upstreamdb.com/texas/operators/attis-operating-inc/036637&ved=2ahUKEwj3i9qJhcrhAhVoTxUIHb1DBzAQFjAEegQIBRAB&usg=AOvVaw1_3qL3KZa8uarLVo4Q03iU

If this is up-to-date it says out of the 93 wells it only involved with 2 wells that produce oil and the rest are has gas ......can't see our wells?

Any comments?

comes first :

Great Britain leaving the EU or an update date from this company ? !!!

I am ready for the update anybody else? !!!

Hey Stuy....

"if the Company don’t get on with it, the ducks are probably going to die with old age as apposed to being knocked down!"

Haha! I been in this company for so long I can't even ruffle my feathers!!!

But not quite dead yet so will squat on my nest till CW gives me a real reason to fly!

Good luck to all the LTH......

Helpful
"Better to do 50 bopd across 3/4 wells than just 1 well"

Stuy1
"Tbh, I think there’s a fair journey to go with Mayan to get your 3p ave now. Imo, I can see 1.2p-1.5p by year end,. Assuming the company change and start to deliver"

I for one would take 1.5p by year end .

Let's see if 'over deliver' is in CW vocabulary and soon.

Helpful - everything is crossed !!!

$64.24 Is only of interest when you attach it to a multipyer ....

Perhaps Charlie can be a decent fellow and tell us what it Is?

So potentially a big week for the 'New Mayan' ?

Maybe they will announce circa 60 bopd which would be a good start but for me that should be accompanied by a healthy CPR on the assets - that news would make me feel a little more loved and turn the radar on for other investors.

Would be interested to see how it costs $720,000 a year to break even - thought they had slimmed right down on staffing and other overheads as previously RNS 'ed ?

Surely the cost of electricity cannot be a major cost in running 3 phase water pumps?

Anyway if they announce 60 bopd and are breaking even that must be a positive and might even nudge shareprice in the right direction .....as it's a very long time since Mayan got any oil out of the ground?

Given that Helpful seems to have his finger on the button and knows more than most let's hope he is correct in his assumptions.....

Any announcement that Mayan is breaking even has to go hand in hand with a proposal that gives the company sustainable profitability - if they can't do that it just promotes this share from the bottom drawer to the next drawer up!

We live in hope still!

some movement here today ahead of expected news - someone just paid the full ask 4m worth.

they sold Block - continuing its upward surge today.....

Let see similar trend from Petroteq soon.

Results from our own efforts next week?

No news is Petroteq news.

"Under promise and over deliver"

That will be a first for Mayan!

Until we get an update all we can do is live in hope - not a great way to invest in anything but given the last couple of years of broken promises maybe it's our turn for the tide go change?

Judgement on investing in Block looks like it was a good one (up today circa 80%) shame that CW sold them - let's hope Gonzalez got it right with Petroteq (and that we will still own them)when they are a lot more valuable !

News is definitely overdue on the 2 work overs.....and given today's date don't really want to see one today!!!