Member Info for Madman-Rob

Dear Oilman Louis.

Thank you for your input.

Can I ask you 3 basic questions?

1, Do you think the 151mts of potential gas charged sand on MOU-1, 3 and 4 is likely to show that there is commercial volumes?

2, Do you think a MOU-5 drill and test will add to the value of our asset? If not then your reasons.

3, Do you consider this a good share to hold and why?

BTW, do you think your contestant refering to your oilman Jim's account will help get more or less subscribers?

You appear overly keen on trashing this share.

The general consensus is that this share is about to deliver big time. If you disagree then please tell us your research based finding and reason for you none stop trolling, insults and negativity.

It may not be intentional but your one sided, none stop, sarcastic responses offer nothing in the way of a balance viewpoint and tend to make you look like someone who, may possibly have, an agenda.

3 simple question that will tell me a lot about your motives.

Thank you.

To add to Jimmy's question.

If we were to test MOU-5 it would mean that the drill had been successfully completed.

Therefore to test would mean we already had log results that indicates something worth testing.

So what is the risk other than a small cost over the benefits ?

Just scanned through yesterday's posts

High spot.......Wackies and Keith Oz replies......

Low point MEM strange obsession with one poster and OilMan Jim's, not so secret other account, saying some garbage about the dangers of additional testing to add to the 151 mts of potential gas charged sands we already have....

Powerful people can bring a share price down and it's part and parcel of modern day business. We have witnessed the arrival or multiple trolls paid or just simply looking to sow seeds of doubt. If enough people say placement at 12.50p then people start to get spooked. Especially, if they see multiple drops in price each day.

Never forget your reaserch and why you hold this share. We may drill a MOU-5 well. If we do it is to show, the big companies, that Morrocco gas potential is even bigger that initially thought. If we do another placement if will be to add value. This will be excellent news and will be warmly received by the knowledgeable investor.

On this Sunday morning, stop and think what the likely outcome will be of testing 151 mts of sand and what an extra well will add to the overall potential.

This is going to be massive .......

It's why the troll want to buy in at a lower entrance price.

Enjoy your day ......

Nice to know that OilyFred.....

Did you read that in the Sun ?

Or is it just a figure you plucked out of thin air ?

Yes they will test ...... Unless they don't need to.......volume is key. Read up what Paul has said on testing. If he doesn't need to he won't.

Yes they will have a placement if they want to do another drill ..... it will open up an even larger area to test and/or confirm the size of existing areas.

Yes the directors will get their shares back........not enough headroom.

Al the upcoming events will unlock the potential of Predator........

Bottom line is PG is working hard behind closed doors and the end game.... only they know the best way to move forward......

He will do what is best for the company and the shareholders......

We are heading in the right direction and happy to hold.

All this troll like disruption is simply and agender.

Louis and barnyard .......

I know it's school holiday .....

Are you two for real ?

"With a clear strategy to serve a well defined market, BLOE is best viewed as a longer term hold". I agree with that !

If you look at how much oil was produced over the years, plus the gas that is now in demand, you can see that basically, it's a numbers game V finance restrictions.

Start by raising funds, then use the profit to funds additional projects. We are producing at record levels now.

There will be a mixture of success but the plan is to keep adding enough revenue to expand the business.

I believe that Block Energy are doing that. It quite simple: find the resources and use the revenue to expand......

It's why they say long term hold .

I think it will take a few more drills to reach my personal take of a tipping point of 1000bopd.

We can of course drill a dud but that is less likely to happen now days .We can equally drill a 400 plus well.

It will be interesting to look at my investment after this year's drilling results.

There is very little media marketing so as traders we may not see the movement we desire.

But given enough time the investors will see this as a strong buy.

Time to hit the beach ⛱️

Great find !

Projects I and II will anchor Project III, a longer term venture to appraise and develop the extensive natural gas resources that BLOE’s analysis indicates is present in the Eocene layer under the former SLB Blocks XIF and XIB. Project IV is a farm-out agreement with Georgia’s national oil company for a work programme on areas of the XIB licence not previously covered by the strategy.

The primary focus in recent months has been drilling progress at Project I, which has allowed BLOE to deliver record production with an average rate of 664 boepd. A third Project I well was spudded earlier this summer.

With a clear strategy to serve a well defined market, BLOE is best viewed as a longer term hold. The company has made solid progress over the past few years towards establishing itself as a major player in the Caucasian energy market. BLOE’s share price at the time of writing was 1.2p and its market cap £8.3m.

I fail to understand all this talk about certain individuals and crazy theories.

No individuals is overly important, other than management. Individuals are simple one person with their own agender. It is useful to listen to multiple opinions as that helps with a general feel for a share. The input from certain posters add to our technical understanding that is useful and helpful . If a popular poster says it's the greatest thing since sliced bread then use his view to study the reasons behind his statement. Do not take it at face value.

It makes me smile at some of the post written.

Fear is an emotional reaction when you are heavily invested. But remember if you have done your due diligence and reaserch then you should be confident in this share.

Reasearch is all that matters along with your own personal risk/ reward timing strategy.

The stock market has been around for a long time and professional people know how to mitipulate it to suit their strategy. That's life.

Keep the faith haha !

PG is, very likely, in negotiations with various parties.

He is also looking at the most cost effective way to move forward and make money.

Prospectus/CPR/Testing/MOU-5 will very much depending on what is going on behind closed doors. There are certain things that have to be done first. However there will be a certain flexibility in the timing of events.

The previous RNS's were issued and correct at the time. The potential here is massive and Paul knows what he wants.

Finance and proving up numbers is key.

The order of events will be dictated by how Paul wants to proceed. He is the guy trying to optimise our value.

He will need his share allocation back and we have funding for testing.

Do we have all we need to drill MOU-5 other than funding?

He also has to run the Trinidad and Ireland side. Trinidad will need some moving along soon. Ireland is Ireland and until Ryan looses influence, or is finally backed into a corner, then we won't see change there for a while.

It won't be long now.......

We will see the unfolding of, what many of us believe, including Management, to be one of the biggest gas discovery's in years.

Good fortune peeps .....

Https://twitter.com/BlockEnergyplc/status/1684120683603984385?s=20

Photo of the rig.

Hoping that news will get out and we see some share movement.

On the ground

What happened to our men I the ground 😂

Guess we are all waiting for the passing of time as we anticipate the next RNS, or two, arriving and what information it will gives us. Certainly going to be interesting to see how far PG is progressing with his end games.

I'm retired so having a beer or two in a spainish seafront bar.....

Meanwhile while we wait the share prices tics up .....

Life is good 👍

And ....

Don't forget we have Trinidad and Ireland🙏

Great research and thanks to you eagle eyed guys I was able to plan my strategy. Thanks 🙏

I liked this bit.

"aggressive drilling plan for the remainder of this year and next"

It looks like the other projects are a little bit farther away. Maybe requiring profit from sales to finance.

"which, on success, will allow us to further increase our rate of drilling across Project I, whilst also prioritising the appraisal of the high-impact gas and oil targets across Project III and II respectively."

Block Energy plc's Chief Executive Officer, Paul Haywood, said:

"We're looking forward to the results from our next Project I development well, WR-34Z, which aims to build on the back-to-back drilling success that has already materially improved the Company's cash flow this year. More broadly, we have set out an aggressive drilling plan for the remainder of this year and next, which, on success, will allow us to further increase our rate of drilling across Project I, whilst also prioritising the appraisal of the high-impact gas and oil targets across Project III and II respectively."

Just what I needed after my final top up !

Morning !

I filter them as the content is the same in every post. They add nothing to my research. It's also extremely boring after a while.

They will also never answer questions unless it suits their agender.

It is healthy to question things however if you are only ever able to write negative posts then you are simple someone who offers little in the way of an objected viewpoint.

I understand the need to not filter as they often fill the BB with FUD.

Unblocked you Mr Sarah. I wanted to see if you would jump straight in with your crap...

And you did.....

You spend all day watching block energy share chat.

That is very sad....

You really are a strange person. And we all know your a man.

It's very simple....

Let's watch how the next month unfold!

I will not reply anymore.....

You are not invested so your only reason to be here is?

Got my last lot of shares.....

Holding over 1 mil of them now so really hoping for a return on my investment.

Will that many at an 1.33p average I am crossing my fingers......

Still a very good buy in price ....

But like all things in life a risk....

Time for Block Energy to come good 😂

I see a buy from Sarah.😂

Spud RNS tomorrow?