Member Info for ftsemajorgeneral

Seems like the trolls playing games, trying to bury poitive posts.

Petro China early Mongolian wells are coming to end of life, no doubt H1 potential of 800 plus bbl/d is a big talking point around PC board table, might they buy MATAD out, they have done similar before, PC paid 93 million for SOCO Mongolian interests

https://www.rigzone.com/news/oil_gas/a/21473/soco_sells_mongolian_assets_to_petrochina_subsidiary/

Way i see it we have two bites of cherry, if we can raise cash and develop Heron we make lots of cash, if we cannot raise cash we can sell Heron to PC for 100 million plus, go our own way and drill new blocks and develop GOBI, win win.

NandL, your welcome, the games afoot, not sure about a good day but an excellent 2025 assured but lots of maneuvering going on just now, re the trolls that turned up just prior to MATAD becoming a producer, all part and parcel of the bigger game.

Petro China early Mongolian wells are coming to end of life, no doubt H1 potential of 800 plus bbl/d is a big talking point around PC board table, might they buy MATAD out, they have done similar before, PC paid 93 million for SOCO Mongolian interests

https://www.rigzone.com/news/oil_gas/a/21473/soco_sells_mongolian_assets_to_petrochina_subsidiary/

Way i see it we have two bites of cherry, if we can raise cash and develop Heron we make lots of cash, if we cannot raise cash we can sell Heron to PC for 100 million plus, go our own way and drill new blocks and develop GOBI, win win.

Way i see it we have two bites of cherry, if we can raise cash and develop Heron we make lots of cash, if we cannot raise cash we can sell Heron to PC for 100 million plus, go our own way and drill new blocks and develop GOBI, win win.

Petro China early Mongolian wells are coming to end of life, no doubt H1 potential of 800 plus bbl/d is a big talking point around PC board table, might they buy MATAD out, they have done similar before, PC paid 93 million for SOCO Mongolian interests

https://www.rigzone.com/news/oil_gas/a/21473/soco_sells_mongolian_assets_to_petrochina_subsidiary/

Espen, your behaviour is not normal, may i respectfully suggest you seek help.

Think this Epson fellow has lost the plot, demented comes to mind.

Badprophet, having completed my DD on this company i decided to invest, might i suggest you and a few others take another look at the positives vs the negatives of this company, very healthy profit to be made from these levels.

Crazy that non invested trolls like Espen are allowed to post what they want.

Espen, Gusto, Adw etc etc day in day out negativity responsible for scaring gullible investors out of their hard earned cash, the gullible have lost fortunes by listening to these morons.

I am most certainly in, nothing but upside from here in the 1 to 2 year look ahead. Seems to be lots of dross being posted (Espen35 character) , always a good sign.

Investors, i would be wary of gregpeck7 posts as he is doing the rounds on numerous boards of companies he does not even hold shares in posting crap.

Investors, i would be wary of gregpeck7 posts as he is doing the rounds on numerous boards of companies he does not even hold shares in posting crap.

just when we thought we were recovering

ranger, i tried a google search for "ranger104uk", it never ceases to amaze me how many people use the same screen names across multiple platforms, i do hope those around you were over 18 ?, folks try the search yourself but remember you got to be over 18 to visit rangers sites.

Agreed, full marks to LSE, video quality superb, the content from ECHO a bit boring and as usual not informative over whats already known. Interesting there are not many on here lauding ECHOs part.
As for 1001 & 1004 by year end i would not hold my breath, latest RNS stated fracking by year end, no doubt 4 weeks or so of testing after that and i could well imagine more if 1001 is a producer so Feb seems favorite at the earliest for 1001 results, that is assuming it does get fracked at the end of the year, ECHO do have a propensity for changing timescales.

stix40, it was never my intention to be a lth however as i mention below i am not heavily invested so no great impact on me, i do believe ECHO will come good but that horizon seems further away than it did a few months ago, rants over.

I would agree the wider market is also down, but not 40% over 3 months, only one reason for this, and as for those calling me a deramper i am not, i am invested here, thankfully not heavily and i am only saying what the majority of PIs are probably thinking, our CEO told us initially testing of the first wells would be 1 - 2 weeks, that went to 2 - 3 weeks then 3 - 4 weeks, our CEO told us EMS would be tested well before November, yesterdays RNS tells us we are now looking at the end of the year (maybe), our CEO needs to realize that PIs invest based on the timescales she gives, we understand there can be delays but another 2.5 months seems an obscene amount of time, PIs get burnt when those timescales are not met, can you tell me what will prop this share up until the end of the year ?, certainly not the workovers.
As for those that ask why i invested i did not hear you saying do not invest a few months back when new investors like myself propelled the SP to 19p plus.
I am also kinda sick fed up with our CEO telling us she cannot tell us pertinent facts which she seems quite willing to broadcast at private meetings, might make one wonder if the small PIs are being squeezed out in favor of our new CFOs corporate buddies, at least that would be an explanation of ECHOs inaction when it comes to monetizing their assets..

CEO MacAulay fiddles in Antibes as PIs burn

Not sure i would buy right now, wait till December these shares will be considerably cheaper given ECHOs inability to capitalize on EMS & ELM. That off course assumes the date is not pushed back again, seem to remember being told EMS would be tested well before November, we might see that 5p yet.

Doubt either ELM or the WOs will provide much of an uplift to the SP and by the sound of it ECHO are in no hurry to frack either ELM or EMS as per below extract from today's RNS.
(Company expects to return to EMS-1001 and to co-ordinate that activity with the planned stimulation of the ELM-1004 ANTICIPATED to commence by year end)

I understand design & planning is required to get the best results from EMS but do wonder just how long they need for design & planning given they already have had months to look at this.