Member Info for Hepseal

Ceri - A week or so ago I asked a very simple straightforward question of another poster and Toffee jumped in out of nowhere calling my post bizarre and accused me of "shorting" - need I say more, it was his post that was bizarre.

Option 1 - BOD know there are big things coming
Option 2 - BOD want us to think there are big things coming!!

Chesh - correct version:
Firstly, like you I am no oiler, (and you ain't dumb), but I agree with you.
The A-80 service rig being used on the Project 2 deepening's, cost $100k a time, last well producing approx 45 bopd.
The GOGL rig being used on the more expensive Project 1 side tracks (or new wells), min cost $1.5M a time, last well producing approx 240 bopd

Chesh:
Firstly, like you I am no oiler, (and you ain't dumb), but I agree with you.
The A-80 service rig being used on the Project 2 deepening's, cost $100k a time, last well producing approx 45 bopd.
The GOGL rig being used on the more expensive Project 2 side tracks (or new wells), min cost $1.5M a time, last well producing approx 240 bopd

That makes sense, I had wondered where the A-80 rig came from.
I think you will find though that they hire from Georgian Oil & Gas Ltd, not the state GOGC.

Chesh
"is it the same rig that drilled WR-B01Za and will drill KRT 45 .........? :)"

No, I don't think so - I believe the rig, etc that they use for the main drilling operation is hired from Georgian Oil and Gas Ltd.

Yes Justice, I agree with you.
(By the way Toffee, I think you will find Antony's friends call him Ant and not Tony)

Dr Ken Seymour was a NED but is now the Chief Operating Officer ("COO"), since 10 January 2023.

He has over 40 years of industry experience as a drilling engineer, drilling superintendent, drilling manager, asset manager, director and adviser.

So hopefully he knows what is coming!!

So, lets get this straight Toffee, you rang Tony in the early hours of the morning and he was very helpful, but you are not going to be helpful and tell us what he said are you, let me guess, why is that??
And you call my posts bizarre!!

Toffeeman
I will start again.
You said earlier "JD at no stage mentioned Alive Events Agency-"
No, but he gave enough cryptic clues that was who he was talking about.
He has since given another cryptic clue:
"look to speak to Antony"
Obviously you don't get it, but why talk in riddles anyway????

Toffeeman - Just for you.
You said

Toffee

Nothing bizarre about my post at all.
What JD said was "Alive Entertainment are part of another company" and then gave cryptic clues as to the identity of the company.
I merely asked why he thought that "Alive Entertainment" and "Alive Events Agency" (identified from his cryptic clues) were in some way connected.

JD - So either you don't have any evidence to back up what you said or you are choosing to be unhelpful - Seems very little point in you posting on this board at all with that attitude.

JD - You are suggesting that Alive Entertainment is connected with Alive Events Agency based in Melbourne - What evidence do you have to back that up??

Shed.
Project 1 only relates to the Krtsanisi Anticline area of West Rustavi as detailed in the 2022 CPR.
WR16az and WR38z are further east.
Although JKT-01z is in the Krtsanisi Anticline area it was drilled prior to the 2022 CPR and the inception of Project 1.
Hence, WRB01-St was the 1st Project 1 well and KRT-45_ST will be the second.

Hope that makes sense.

But when we get some new news this is set to go up fortunately

Assuming nothing has changed we do have the following snippet from the RNS in February:
"Meanwhile, the Company is reviewing the data gathered during drilling and testing WR-B01Za to optimise the KRT-45_ST drilling programme, the second Project I development well."
We also have the tweet from David Burton saying there is going to be a TMS interview, so perhaps more news is imminent.

Shed / Bobby
Firstly, let me say that I did share Sheds slight disappointment at the figures this morning (due to more shut ins), and possibly the market did as well, BUT as Bobby says all the signs are that Q2 will be a record production quarter for Block so far and with more to come.
Lets not forget Blocks statement this morning:
"with the results of WR-B01Za leading to record group production levels being realised outside this reporting period"
backed up by last weeks decision to terminate the Share sacrifice scheme.

""with the results of WR-B01Za leading to record group production levels being realised outside this reporting period.""

We know what he is doing, the question is, why is he doing it??