Member Info for maestro1

I like the fact the ceo is prepared to take wage in shares, this is very good sign.

Mud

The c22 well produced 700bopd in soviet era, the c37 has already been drilled deeper what will another 15m do, will the pressure increase only 15m down?

The upper cretaceous if they dont find oil so will they drill deeper in 2nd well?

It dont make sense why did socar miss the additional 15m in 2008?

why dont they sidetrack this well?

the plan is to drill 15m-20m and then test the middle eocene, my question how will drilling further 20m increase the production, the well was producing at the middle eocene at 5bopd with a pump..

Someone is loading up, 750k, 600k, and 3x 200k.

Bodes well...

Adt

They are probably half way through the testing as we speak. This will be a remarkable accomplishment being cash flow positive, many small oil companies never get their...

That is very good potential from one well.

Did they say how long to get to td once drillled, cant see nothing on presentation.

That is a lot of wells, isnt it?

The one they are currently planning on drilling deeper have company given estimate production rate?

Thanks in advance.

James

Yes, well 38 not well 30. :)

There was a picture of it on twitter, showing releasing the gas pressure for drilling preparations. Very confident on that one also.

They had $2.6m end of dec 18, they hired rig on a fix 6 month contract.

They say it costs c. $1.2m to drill a sidetrack well, i think they are ok to drill the well 30 side track also.

Well 16a will be put into production quickly as the infrastructure and storage capacity is in place. 325bopd is material amount and then add over 60bopd currently being produced from Norio. So over $4.5m FCF to drill multiple sidetracks and workovers.

900bopd is attainable by end of june, well 30 will be drilled by then...

MKT cap is really cheap if you compare it to it peers.

How did they come with the base case production of 325bopd come about? This was before drilling and now the driling has exceeded expectation, so flow rates should be higher..

https://www.rigzone.com/news/oil_gas/a/6353/canargo_places_georgian_well_on_production/

What shambles, the ramp team has been appointed. Sefton and James.

Aaog, wdc and now rose.

Rose is on its final legs, usa is filled with rigs, dont know why they using that excuse, no money no rig...

Positive statesment from PH.

James it wont be sunday will it?

Accs should be signed off hopefully 2morrow..

I await the flow rates from Brockham.

they wont release interims on friday unless all this newsflow and interviews last few weeks have been huff and puff to increase sp.

They have said multiple times they are fully funded for phase 1, so 3 horizontal wells and the 6 remaining workover wells.

I think in flow testing has begun they will know whether its decent by now.

imho

Jacksdad

1000bopd, Brockham ANGS own 65%, so net 650bopd. They haven't got this yet so i believe current mkt cap high compared to its peers.

imho

jacksdad

20p will give a mkt cap of near 100m, what are the expected production levels and reserves.

I think you are being a tad unrealistic.

what is the expected increase in production from Brockham?