Member Info for Hepseal

Geowiz - Why do you keep asking the same questions, you obviously don't read any of my replys, or you choose to ignore them!!

The Block Base Production comprises the combined flows from WR38Z / 11b / Norio etc
The flow rates this year (excluding WR16aZ) have been as follows:
16th Feb - current at that date = approx 690 boed (i.e. 940 -250)
Feb / March - 2 months average 573 boed
7th April - current at that date = 555 boed
Feb / March / April / May - 4 months average = 526 boed
2nd June - ?? (my guess is approx 500 boed comprising 350 bopd and 150 boed gas)

From PH interview:
Next quarterly update back end of June moving into July alongside all being well spudding of our next well.
(may not be 100% word for word but about 90% correct)

PH speaking from Georgia:
Quarterly update at end on June so assume RNS will be at beginning of July.
Next quaterly oil sale in one or two months time.
Said that new well to be drilled will be the first to benefit from 3D seismic and improved Technical Resorces and therefore Block have moved from "Low cost working" to a "Silver Plated work progrmme".

How about if we settle for $150!!

Hi RT / Oil - If I remember correctly I think ME did say something like best day ever re the plarform when he did his last interview. As the Accounting year end is 30 June I have a hunch we will get a RNS trading update at the beginning of July for the period up to the 30 June and this would then include a full months trading with the upgraded Streams platform / increased price point - only a guess. Of course, as City has said, there may be other news before then.

Yep.
Earlier tweet - photo of team (including PH) at 2 day session.
Latest tweet - photo of crane lifting what I assume is the drilling rig substructure.

Block Energy tweet No 3 today:
"We have now safely set and cemented the 20” conductor pipe at the wellsite for WR-BA. Also, the cellar construction is complete and the drilling rig lower substructure has been spotted in place."

We recently completed a 2 day – “Drill The Well on Paper” session in Tbilisi last week with our main #BLOE contractors, drilling rig team and technical consultants.

This is in final preparation for the drilling of our WR-BA well.

Block Energy tweet:
WTI #Oil Hits $70 for First Time Since 2018 as Market Tightens #BLOE

The Block Base Production comprises the combined flows from WR38Z / 11b / Norio etc
The flow rates this year (excluding WR16aZ) have been as follows:
16th Feb - current at that date = approx 690 boed (i.e. 940 -250)
Feb / March - average 573 boed
7th April - current at that date = 555 boed
Feb / March / April / May - 4 months average = 526 boed
2nd June - ?? (my guess is approx 500 boed)

Yep MP - I am thinking on similar lines re flow figures re WR16aZ.
It did of course flow temporarily at approx 250 boed at the beginning of February when they reopened it but I am guessing they may have then encountered the same old problems hence why they brought forward the intervention works that were initially planned for the end of the year.

April 7th RNS - WR38 + Legacy Wells were producing 555 boed
Corporate Presentation - WR16aZ target = 200 boed
RNS + Presentation - WR-BA target = 600 boed

Looking forward to next operations update re Legacy Wells, WR38 and WR16aZ.

Hi RT - Trading update is always possible but Accounting year end is 30 June so I have a hunch we may have to wait until the beginning of July for a trading update. This would give a chance to report on the take up of the first months trading with the upgraded Streams platform / increased price point plus of course a bit more time for China to get bedded in.

Sea7 - You are repeating yourself!! - I know why, it has happened to me.
There was a past discussion on here about posts disappearing/reappearing and I think it was Scooby who gave a technical explanation as to why it happens.

Extract from latest blog:
"Streams has reached a new milestone this week. On 24th May 2021, the new and updated version of our content curation tool was released. The new features that allow for publishing content directly to social media channels, additional insights into trending content, and an improved user interface have all been developed to help you save time and have a bigger impact with your content marketing."

Evans - I am very happy with my "methodology" thankyou and the statement that I made.
You are absolutly correct, I do not know how many 'middle option' customers there are and that is why I did not state a number but I have made a stab at the numbers for my own personal use and you of course are entitled to do the same.
Likewise, I never said the take up was 2/3 rds, I said "IF". IMO 2/3rds seems reasonable but I am sure that you will have your own opinion and I would assume that as you seem incapable of any positive thoughts your figure will be a lot lower than mine.
All the best.

Sorry - previous post should have read revenue from these customers will have "trebled."

The previous price for the middle option was £30 per month.
The new price for the "Advanced" middle option is £150 per month.
If two thirds of the existing middle option customers carry on as "Advanced" option customers then the revenue from these customers will have doubled.
Hope that makes sense!!

Afrim - someone did say that but they were wrong.
From RNS 26th June, 2019:
"audited final results for the year ending 31 December 2020 to be announced by 30 June 2021 (with the same timetable in subsequent periods)"

Good solid upgrade to platform and pricing structure with the promise of more to come.