Member Info for highlandmatt

I was referring to PBs Options. Those numbers are in the RNS.

Up 10%.... some activity?

Mr Happer or Harry Stamper.

417k shares bought, 240k shares sold. Might account for holding the SP back a bit.

'Not necessary to produce anything'? You've changed your tune from demanding testing.

Most sensible folk don't look to buy companies that are overvalued.

Heading back up.

I see the Char BB are getting fed up of The Bold one as well.

The cash is incidental. It's trebling the oil production and the revenue/profit that comes with that.

More likely there is good news on the onshore drill.

Char up 7% so far today. Good news from the drill site?

The shares show as Nil value as they have been delisted so there is no quoted price. You own shares in a private company.

That PTAL acquisition is spectacularly cheap though.

Aminex RNS. Development licence issued. Brings FID and cash to SCIR closer.

Sorry - 'wouldn't release the rig'.

I think if they hadn't achieved what they wanted, they would release the rig. Remember the initial drill - the rig was kept for weeks extra while they tried to resolve the issues. My hunch is that we are now in the stabilisation period - it's flowing, but they can't release a stable number yet.

More assets, more cashflow, less tax to pay.

I'm also talking revenue not free cash flow.

Realized petroleum and natural gas sales of $16,584,000 (Q4 2023 - $20,759,000).

Cascadura field production volumes in the quarter contributed $6,961,000 of net natural gas sales at an average realized price of $2.49 per Mcf and $1,657,000 of net NGL sales at an average realized price of $69.59 per barrel.

- Natural gas production from the Coho-1 well averaged net volumes of 2.8 MMcf/d (460 boe/d) in the quarter and contributed $542,000 of net natural gas sales at an average realized price of $2.16 per Mcf.

- Crude oil production from our legacy fields contributed $7,424,000 of net sales at an average realized price of $69.95.

Crude oil(1) (bbls/d) 1,166

Don't overlook the oil. $7.4m for 1166 bopd. Add a couple of hundred for Coora to get 1366. Add 2700 from Trin = 4000. So over treble current production and therefore income greater than $20m a quarter, $80m a year, for the black stuff.

For gas I have simply doubled Q1 numbers, on the assumption that 2 new wells optimised for gas should at least equal 1.5 wells after 3 months of decline.

Current production 30mmcfd and 1100bopd, income $16m a quarter, $64m per annum. End of Q3, start Q4 it could be 60-70mmcfd and 4,000bopd. That's $35m a quarter, $140m per annum.