Member Info for Hepseal

STradernew - I trust you are aware that Block Energy have cash in the bank and Bago will be purchasing West Rustavi gas at a fixed price of US$5.24 per MCF ($185/1,000m3) as soon as the infrastructure is completed.
Perhaps you would care to share your "amazing prospects" with all of us on this board.

"Enterprises will continue to work and they are likely to have their own protocol so as ‘not to fully stop the economy."

DYOR & draw your own conclusions.

Cattle farming = more gas!!

So it is you then Bill, I wont say welcome back, and thanks for the put down, much appreciated.

Hi Sea7 - yes, most definitely a pre-prepared script and a little bit wooden but at the end the day I guess it is the content that matters most.

Sea7 - I do not know the answer to your question but the PH comment re hit the ground running may have related to the acquisition.

As of today Georgia is in partial lock down however one of the statements from the government re the lock down is as follows:

"Enterprises will continue to work and they are likely to have their own protocol so as ‘not to fully stop the economy."

Draw your own conclusions but PH did reiterate in his video slides last week that Bago still hope to have completed the pipeline infrastructure by June and that the gas will monetised in Q2.

GLA

As long term posters are aware there has been a previous poster on this board called Bill Tucker who also posted as MakaveliBT and BTMakaveli.

Most of you will also know that the above was reported for making vile comments about other posters on this board and after being reported disappeared - I suspect he was banned.

Someone Machiavellian is assumed to be sneaky, cunning, and lacking a moral code.

I have a strong suspicion that Makaveliwill is the same person, or if not is winding everybody up - be careful!!

New poster MakaveliWill;

Is this Bill Tucker or someone pretending to be Bill Tucker??

Whoever you are, the new acquisition is a POSITIVE.

Hi comek2

"London Stock Exchange" not "London South East".

08:55:20 30-Mar-2020 2.50 GBX 2,850,000 71,250.00 Off-book XOFF
08:55:20 30-Mar-2020 2.50 GBX 2,500,000 62,500.00 Cancelled CANC XOFF
08:55:20 30-Mar-2020 2.50 GBX 2,500,000 62,500.00 Off-book XOFF

Ezhik - Looking at the LSE site the second 2.5M trade appears to be a cancellation of the first, however the 2.85M trade appears to be a Buy.

Sorry - Slide 6 should read Slide 5.

With reference to SLIDE 3, PH video last week:

Annotation on map suggests that Gas Early Production Facility ( EPF) will be located adjacent to WR16aZ - seems to make sense.

With reference to SLIDE 6, PH video last week:

EPF plant currently on route to West Rustavi from Canada.

BAGO pipeline to connect the EPF to Georgia's gas distribution network planned for completion in June.

Extracts from RNS 27 Jan, 2020:

"The EPF will initially collect gas from wells WR-38Z, WR-16aZ and WR-51Z, and will serve future wells drilled across the Field."

Malcy - "Block look like they have done a cracking deal in Georgia with the fleeing Schlumberger."

Jaytee - Not only that but by inference he pointed us in the direction of Schlumberger

Fuse7 - "So the Doc was correct."

My very first thoughts - I always thought he was on to something - hardly anybody else took him on.

Fuse7 - "

V111JAS - pleased that you were able to average down - would not be at all surprised if we have an Operations Update RNS on Monday morning covering WR51Z, WR16aZ and progress on the gas infrastructure and processing plant. If not Monday it surely can not be that far away.

Who the bloody hell is Jason??

Ezhik - Mrs Hepseal tells me that current bid on ebay for 16 paracetamol is £8.50!!!!!!!!!!!!!!!!!