Member Info for Jarv55

Aimhigherstill you are obvioulsy in the wrong telegram groups

https://www.linkedin.com/feed/update/urn:li:activity:7161751115561193473?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7161751115561193473%29

Filthy the updated flier they put out suggests to me they have not found a partner yet that is what is concerning me. The way it traded is also a worry.

Sundays are a great day to do research.

Ralladw2 this is a long way off being sold lots needs to be done before that can happen. They need a route to market first, the environmental studies done, then they need to raise for the drill either through a JV or a placing or both.

Filthy last time we traded like this we got a placing remember the spike to 3.5 and then the big dump then they placed.

It is strange they never mention Chuditch its like its a dirty word to use in press releases.

BTC is flying

WIll be interesting to see the drilling plans when they come out for Zambia and expect something on Botswana as well. have a feeling the mms are short here.

Https://x.com/Jarvy55/status/1755907203377025378?s=20

Thanks to the seller managed to pick up some cheapies, less than two months to go to start the drilling campaign. Kolbolds huge find makes this even more of a good bet.

Any improvement in flow rates and this will be going higher works both ways.

Not a smart move trying to get a new Ceo in while we are trying to preserve cash imho

Management changes

Following the retirement of James Nieuwenhuys as CEO, the Company has established an Operations Committee, led by Christian Schaffalitzky, which oversees the day-to-day project development activities of the Company, alongside the proposed sale process on which the full Board is engaged. Eurasia does not intend to make any further management appointments at this stage.

New flyer with Timor gaps extra 15% on it https://online31.ezdataroom.com/edr/zebra/projects/Timor-leste-Chuditch/20240124_Timor-Leste_Chuditch-A4_Teaser_latest.pdf

Good that we are getting the $1mill but now they need to let us know how they will fund the drill.

Still need the environmentals completed and a route to market.

Must be coming in the news zone now.

Why they don't put an rns out saying we don't know of any reason for the fall.

Is the seller clear yet or is this just another rinse and repeat by the bigger traders?

There are not any shorts open on Spreadex or IG

Https://staging.buckmanjetdrilling.com/sand-jetting/

"While the SCHB-2(2.) well encountered excellent oil-bearing reservoirs with thickness and properties in excess of pre-drill prognosis, drilling fluids that invaded the reservoir near the well bore during operations are currently impeding production. The retrieval of the downhole pressure data will inform our understanding of the impact that the drilling fluid invasion has had on productivity.

"The Company has moved quickly to implement remedial actions required to improve the productive potential of the well. Sand jetting is a proven technology commonly used in the US which aims to provide deeper perforations than that achievable using the conventional perforation technique used on this well.

"We remain fully focused on establishing optimal production from the SCHB-2(2.) well as quickly as possible through the rod pump and ultimately the installation of the ESP. Despite these operating challenges, the exceptional technical results of the SCHB-2(2.) well have materially increased the potential reserves of the Erfelden field and provided confidence on the productivity potential from this and future wells.

"We look forward to the results of this operation and providing an update on the work-over programme in due course."

Anyone know of any other producers who have increased their production through sand jetting?