Member Info for Jarv55

2) Wild Horse-1 (Block IV)
- Spud Sep 2018, "results late Oct, early Nov".
- Targeting 480 MMBO.
- Named by Wood Mackenzie as in top 20 exploration wells worldwide to watch in 2018.

3) Block XX
- Near field Gazelle prospect targeting 13MMbo & rapid commercialization.
- Spud late Sep 2018, complete Oct 2018 (3 weeks).

- New Red Deer prospect, 48MMbo in a basin analogous to nearby producing basins in Mongolia + northern China, within easy reach of existing infrastructure.
- Spud late Oct 2019, complete Nov 2018 (3 weeks).

4) Fox-1 (Block V)
- Spud early Q2 2019.
- Mean prospective resource 200 MMBO. High-quality 3D seismic late 2017.

5) Fully funded
- Oversubscribed placing in Jun 2018 provided final tranche of funding for all six wells above and management participated in placing.

- Country already produces 21,000 BOPD (2017) from fields close to Chinese border, including from Blocks XIX + XXI adjacent to Petro Matad’s Block XX. Very attractive fiscal terms).

Preentation 26/3/2018:
https://www.youtube.com/watch?v=oL9rbvLAjn4

Interview 30/1/2018:
https://www.youtube.com/watch?v=P8MW-E2A90g

Slide 26: First Well 2018: Snow Leopard Prospect, Block V
http://www.petromatadgroup.com/wp-content/uploads/2018/06/Company-presentation-June-2018-final.pdf.

From the advfn thread
Fully funded six well high impact drilling program in Mongolia, total prospective resources targeted 850 MMBO, ranging from near field E&A to basin opener potential:

1) Snow Leopard-1 well (Block V)
- Spudded 19 Jul 2018, 70 days max to complete, "results end Aug, early September".

a) 90 mmbo recoverable from two main target depths (20 mmbo + 70 mmbo) ("Snow Leopard has 2 main target sections with c.90MMbo recoverable potential [mid case])"; plus

b) There could be oil in the shallow turbidite deposits opening up an extra 200+ mmbo play even before they hit the deeper levels. ("If shallow turbidite concept is proven then a large (200+ MMbo) combination trap play opens").

c) Additionally, there are "3 or more additional stacked pay zones identified as potential upside."

There are also 13 or 14 prospects/leads of up to 500 - 600 mmbo recoverable within 35 km of Snow Leopard 1 on their acreage. ("Success de-risks 14 prospects/leads with resource potential of c.500MMbo").

Based on the techs think you will see a nice uplift Monday

Could be filling an order

Sea of blue has been oversold would think a few shorters are buying back

https://invst.ly/8crip looks good

Bought a few like the chart here nice gap to fill at 12p

They did exactly the same thing yesterday with the price and then it closed strong now is anyone going to want to be out over the weekend?

Marin they can't place with out share holder approval price is going to have be a lot higher to get a fund raising away

Nice shake yawn

We are hitting resistance at the 50ma clear that and we are on our way to 1.50 on the weekly the rsi is still low and the macd has only just crossed plenty more left in the tank. 100ma sitting at 1.75 and the 200ma sitting at 2.30
https://invst.ly/8cp3h

https://invst.ly/8co-8

well done on the profits but this far from toppy

strong start today

OBone It is a shame that you think most traders would laugh or mock you, would be pretty low of them to do so and I am sure most of us have been in that position at some point it is how we learn.

Sorry to hear about your losses Flavour best of luck to you, take some time out come back fresh in September plenty of opportunities out there to make your cash back.

Lovely finish Wave three has commenced through 1.20 tomorrow then onto 1.50

Align are a bit thick you can't promote Alba and then slate Jay in the same area. They have an agenda.

hmmm rumours everywhere https://twitter.com/londonborn3/status/1030092313660452864