Member Info for Hepseal

Lothbury, sounds pretty normal to me in the MOS world of business.

MOS loaned Quanta money and then invoiced them for services provided (only problem was Quanta never paid the loan back or the some of the invoices).

MOS invoiced IGS each month for services provided but then IGS also invoiced MOS for services provided.

Anyway, should be plenty of room at he AGM as BB, RB and JB will all be able to use the same chair.

Not exactly White Night, we are no lower this morning than we were yesterday morning at this time!!

Bernie Bassett says:

"Follow company progress not a share price/valuation toffeeman123"

Now Bernie, that sounds like the sort of thing a TR1 holder would say, or the sort of thing roleybirkin would say - HA, HA , got you!!

Good communication from the company, also confirms that they were on site last week setting up just as they said they would be.

The 0.0725 trades are Buys.

Not me - I've been buying!!

Sheephatch, the same RNS stated:

"To date, over 1,600 barrels of oil have been produced through the Schwarzbach facility

since the installation of the rod pump."

Does not really answer your question regarding higher flow rates but does give a bit more insight into what the numbers might have been.

Agree with Ezhik and Blubay - I can not see why anybody is complaining about the start date, they have started more or less when they said they would, which in itself is an achievement, and I actually think the company is keeping us well informed.

" The Company has now commenced sand jetting operations"

The RNS would have been written Friday afternoon so the company started the operations on time.

I was just about to type "nothing has fundamentally changed" and I see Sheephatch has beat me to it.

Also good post below from Ezhik

Just need to be patient - GLA

Amtech - The company I believe you are referring to is now registered in the Isle of Man.

If you check the wording PH said they would be busy in Q1 but he did not say the Quantum Leap would happen in Q1.

IMO a farm out agreement would take months and months to sort out.

Mind you he did produce a Quantum Leap for Antler Global last year so do not under estimate him.

Not withstanding previous hiccups the start date is now IMO 99.9% definite!!

As there have been no announcements of a delay it would seem reasonable to assume that the operations have taken place as planned this week. As someone else has already said we could very well have an RNS next week confirming this to be the case but we may have to wait a little longer for stabilized flow figures - exciting times!!

Plus - "Cory Moruga planning work is being progressed in Trinidad this week to put in place a small operations teams to implement the proposed workover operations after planning is complete and environmental approvals have been received."

Extracts from Business Media Article, 2017:

"On 3rd April 2017, the Georgian State Agency of Oil and Gas announced an open international tender for issuing a general license for oil and gas resource usage on V," etc, etc.

"As BM.GE was told at the Agency, the winning companies have already been revealed. Negotiations with consortium, which includes an engineering company West Gulf Petroleum, Ltd. and Chinese New Star, have been completed for the V block, area", etc,etc

So the Chinese consortium appears to have been around for as long Block.

The Shareholders Information page has now been updated on the company website.

The largest shareholder is now W A Technology Group Ltd with 10.34%

From RNS:

"The Company will undertake industry-standard well stimulation in the fourth week of

January 2024, which is expected to improve production."

"The Company is fully funded to undertake the planned well stimulation in an operation that

will take approximately 1 week."

Whitenight says "" inevitable bad news.""

Anybody who uses the word "inevetable" regarding either good or bad new, is talking nonsense.

That said I am "hopeful" of either GOOD NEWS or VERY GOOD NEWS at the end of the remedial works

Try again, numbers spaced out for clarity:

Significant Shareholder - Number - %

Tulip Oil Holding B.V - 4,256,246,528 - 31.82%

Anavio Capital Partners LLP - 545,454,545 - 5.19%

Global Prime Partners LTD - 455,000,000 - 3.4%

Union Jack Oil PLC - 430,000,000 - 3.22%