Member Info for Isthisawinner

July output update within 9 days, hopefully this week...gla

Be it here or Mast, which we own over 60 %...gla

Got ya...

It's your bottom line in your 8.53 comment, you should have put $.80 instead of $1.20

Are you not mistaken ????
$1.20 = £1.01 ÷ 5 = .20

1600 bpd @ $30 net = 1.5 mill approx per month, at $40 net, we are looking at 2 million....and do on.
Art said himself we were around 1600 bpd and rising plus he also said we would see our costs come down..gla

You were saying ????

Somebody is getting panicked and it's not me, the tide is turning I see a very blue horizon..gla

We should have July's output figures next week, quite positive, I'm guessing.
Early September we should have an update on Art's recent meetings with the UK banks.
Then September's output, positive again

Remember, they are not gathering all these shares for the sake of it...gla

Come on CoplHodler.....you do print truth, but you also forget to print other truth,
20th April.... no Cuda, no Ryder Scott report
17th August.....we own Cuda, Rydrr Scott confirms discovery

Gla...

Guessing it's to meet the bankers for discussions, he said there would be an update in September.

Go back in your cages..

We just need to get production up and then will get noticed...
Continental paid this when the price of oil was on its a..e, and there production was 9000 pd. At 4500 pd we would be in the same price range given that the price of oil has doubled since then.

https://www.ogj.com/general-interest/companies/article/14198791/continental-enters-wyoming-powder-river-basin-sets-2021-capex-at-14-billion

Longfield, it's all on paper ( having said that, Ryder Scott wasn't happy to even put in on paper ), nobody will pay big money for us until they see a track record, as it is, Art, with all his expertise, is struggling . If Art can sort out the wax issue, stabilise the pressure and get the output up, followed by positive drills later this year/ early next, then we will become takeover target for the likes of Continental with their resources to drill multiple wells at a time.

Can't see a takeover just yet, maybe this time next year. We need to be producing at least a lot more first.

Q2 wasn't an output to be proud of, but what are the guesses for August's update. Hoping we have at least three de-waxed wells at full output and the blowout well back online, but not a clue how much to expect. Hopefully Art has the knowledge now and he can control the wax issues, if so, we should see increases month on month. Remember the well in the latest presentation, it was doing 40 pd and just stopped and that was completely waxed, these wells could start producing figures in the hundreds pd .....wouldn't that be nice, my call is 6000 to 9000 monthly increase...gla

We bought Atomic and Cuda for approx $80 mill, one, when the price of oil was falling through the floor and the other from bankruptcy. Ok, we had issues, but we've paid for them through painful diluting, but on the other hand, we had our discovery, which (you couldn't make it up) actually caused our sp to fall even more.
Now we stand here, owing about $40 mill, we owe bonds of about £20 mill and have a mk of around £36 mill, which doesn’t account for any cash we have......
What I'm basically saying is somebody's taking the p..s
Come on Art ffs, enough with the mates rates, get the oil out and let's get on with it...gla

Sooo many new posters just popped in lately and all reading from the same hyme book....does make you wonder...gla

Pm not pd

Started of around 830 pd, now doing about 550 pd...gla