Member Info for Ezhik

bought a few shares this morning at 4.5, seemed like a good price to pay, shouda hung on a bit. c'est l'aim. Where's this 10 bags that Malcy was on about a couple of weeks ago? Where's the drilling before christmas news, where's the rig coming from? when's it arriving? have we started drilling yet? How are we going to break into that 6"? must be a 'hot tap'. lol. I'G. I'm surrounded by pipelines, vessels, gas compressors, vaporisers, tanks, and stuff. Some pipes take gas away, some bring it in and some are duo directional ( go both ways), can be confusing at times.:)

Well, we can read into it what we want. I read it differently.

Could well be the reason behind the swift recent decline in SP. Someone always knows before the plebs. All speculation is circling around the question of funding, placing, buy-out, so there must be something behind it

I read that sentence as there is a gas pipework infastructure running in various directions to some useful termination point and part of it is a 6" line that runs across the new acreage. in other words two things--a pipework infastructure serving various leases in addition to ZPHR. A section of that infasturcture runs across the Zphr plot.---I'm currently losing mine just now trying to explain how I read the rns. :)

Blimey. I do believe that I now have a tiny profit on the tiny amount I bought at 1p back at the end of March.

The only thing happening at the moment is everyone's investment is disappearing up its jacksy,

niet.

Realistically here doesn't appear to be any slam dunk reason why the govt wouldnt approve it. The transaction is not as though it will create a negative effect on the future of Mozambique or the govt. it is but a small transaction in the wider scheme of things. Maybe thats the reason for the delay-small potatoes, not a priority. Painful for the Sp this last couple of weeks though 20% or so off the price--not good,

Unfair that shareholders and TGR are punished for the inefficiencies of the Govt. Delay is out of the control of TGR.

Frogs could be provided with mini B.A sets to protect against any fugitive gas from the valve stem and also make them wear hearing protection due to the noise of the gas flowing through the pipe. They will have to stop smoking too.

Oi Chain. That's what I asked a couple of days ago lol--if anyone has the geographical locations for 16/2 and the 6" on the new plot and whether a 2 or 4" pipe could be connected in. :) A few km's might be worth it to remain independent and in control of when/if any future maintenance is carried out. Needs planning and a bit of pipe, some glue and something to keep the pipe off the ground-(coupla railway sleepers would do). --Kidding of course but once upon a time etc it would have been OK. It'll all come out in the wash.

Hi Adon. Your comment from last night, is also how I saw it. 1 drill this year, the 36-2 which is one of the '3'. and not an 'extra' well that some a talking about here. This will now extend into the new acreage and satisfy the requirement to drill 1 well on the new acreage this year. They will be lucky to get it all done by christmas unless the rig, crew and equipment is already on standby. It is however a 'big' drill for the company and could alone be equal to the current oil production of Willaston--if it all goes brilliantly. I was a bit off colour yesterday pm and evening and couldnt bring myself to play with the laptop--wasn't being lazy.

Sorry guys, no time today. Just wondering whom has confirmed 3 drills this year? Is in proactive or somewhere?. I read it as one of the 3 planned wells will extend the horizontal to 10k into the new acreage which would technically serve the agreement to drill 1 well on it this year even though the drill pad is not on the new bit. By the time the fed cough up and a 2 mile well is drilled it will be xmas in my estimate. Would be happy to be wrong tho. Any enlightenment most appreciated.

Jumpin jack flash, that's what it's all about. Or is that the okey cokey I'm thinking about?

Evan. I would say that they were working on the acquisition which is a far greater long term benefit than a crypto side show. If 16.2 well test is delayed then it is a pity but not a disaster. I am a little disappointed about the 3 x wells that are not happening this side of christmas, but the prospect of drilling and producing from just 1 new well tied into the existing pipe on the new acreage is compensation. I can see a bit more of an Sp slide over the next few weeks though as once the fed permissions arrive, they need to get the rig mobilised and equipment/mud/casing/bop/ well site etc up and ready.

Micru. In this case you are incorrect. 16.2 was to be put on an extended test, it has been mentioned by the company somewhere, either in interview or rns, i'm not searching for it on the basis that most posters here understand that to be the case. If it had been connected to the crypto facility, the 'production' to which you refer would have been a tiny amount in any case and the whole point of the crypto was to enable further testing and to find a route for the gas as per my post yesterday. It now reads that they are going to run an extended test and the produced oil will be sold. As Island Girl mentions " what about the gas then". All I can now presume is either they will kick the can down the road a bit until they can hook it up to a Dominion pipeline and then start the well test which could stretch onwards into next year before they start, or they are going to vent it or flare it and suffer the detriment to their environmental policy - or--.
Maybe someone here that knows the geography can let us know how far this new acreage is away from 16.2 as there may be viability in running their own 2 or 4" pipeline to it from 16.2. All subject to further bureaucracy, tree hugging permits nimby's and climate change do gooders' permissions.
Well done to whoever it was that identified the requirement for the federal license to drill. i have no idea how long that will take but only after receipt of it will the rig contract be placed--and then there's the drill pipe and casing to sort out. Hopefully drill contractor will have the drill pipe. Mixed bag of news but again, decisions made in the overall long term interests of the company.

Hey guys, thanks all for taking the time to research and post relevant information. Much appreciated.

Maybe my early suspicion of going fishing was not too far off the mark. Better volume and a nice little blue finish.

One thing's for sure--we are a day closer to some news about our future.

Chain. Some folk just don't get it matey. No crypto = no production at all and no well test and no further reservoir data and no additional data for planning the upcoming and future nearby drilling. It doesn't really matter if the cost of 1 coin = the value of 1 coin. The crypto process is an enabling process. Sooner its printing blockchain sequences the better, get rid of the bladdy gas and collect some oil in a bucket to sell at the local bring and buy sale. Providing it is all self funding, the outcome is knowledge and as we all know knowledge is power.

Oohh err. Was that a fishing trip in advance of the crypton factor news or just a selling spree. We will rejoice in the end, and if we are not rejoicing, it's not yet the end lol. Everyone holding their breath at tonight's final at the crucible, for those watching in black and white, the green ball is sitting behind the blue.! i.e. we have no idea what's really going on and just have to suck it up and wait--or bail out! Like most, I want instant gratification and the wait here this year has been torturous at times but the company is in good hands and all will come good which is more than can be said for many other small cap companies that are little more than chancers and upstarts hoping for good luck as opposed to planning and developing good luck. Having said that, it would just be nice to hear whether any of this Crypto gear has actually arrived is being set up.