Member Info for maestro1

SBB1

We know the risk of investing in wild cat wells, im prepared to take the risk as the reward can be massive, but if they dont drill this year then its late april 2019 as Winter is really rough in Mongolia.

Will the well be set up before mid oct?

Lets forget about them hitting oil for a second, im looking at the drilling window.

Do they have time?
Winter is approaching, drilling to TD will take 25-30 days, mobilisation and setting rig up needs to be dont prior to mid oct, is this possible considering the rig is still at Snow Leopard?

Now that TLW is finished drilling the well does the rig come to char?:

Gooner

they have 65% of the acreage, so they have enough to pay their share?

dsrt

Proactive gets paid by companies, the interviewer asked no decent questions whatsoever.

Idien does waffle sometime, why didnt he talk about the funding, q4 is here. Permits are imminent i agree..

the usual we dont want to limit dilution for shareholders and jv is what we are looking for wasnt there this time.

Poor interview by the interviewer, didnt ask the right questions. Funding??? Hows that going?? It does look like a placing for certain now...

Triumph First post, what was your previous alias here? Btw, nothing is certain..

thanks Marmited

what starving the Iranian population?

why has it fallen today?

Wont be surprised if the company that took over fidelity is interested in ourasset, just south of us fidelity increased production from 100bopd to 3500bopd in 18 months, they used 3d data to find curvature fracks where they found most success.

Rose have found over 50 drilling targets just in this small part of the acreage.

fund

thats the concern, winter is fast approaching it will be very difficult to drill. WH will likely be delayed IMHO

Unrisked Prospective (Recoverable) Hydrocarbon Resources on a Best Case (P50 equivalent) of:

· 966.37 MMBO (966 million barrels of oil) and

· 1,888.46 BCFG (1.88 trillion cubic feet of gas).

these are large amounts, yet mkt cap 3.5m, come on rose

SuperR Just few days prior to releasing cpr they employ cantor as joint broker, then they issue rns stating interviews idien did and another rns stating cantor as target price of 9p a share, this to me was desperation to increase sp. It didnt happen, just get on with it. Gets the funds and we can get some interest here. Funding and permits keeping this back... All imho

Lets get the first 3 wells drilled before we look at that ambitious prediction. They have been talking to funders for a long time, Cantor and Rose need to make up their mind... Cantor is on board to raise fund via placing imho. They wouldnt have needed cantor if they were talking to potential jv. Idien thinks mkt is stupid, he should be honest to mkt. Thats all i ask for...

SuperR The team that managed to increase fidelity production from 100bopd to 3500bopd in 18 months, that was with 8 wells. So 60boepd per well is low.. Rose need to improve from pass mistake.

Massive amount of potential and mkt cap only 3.5m. I see this over 10p very soon..

Iamrich They plan to drill horizontal well and management believe each well will produced upto 900k boe througout its life. Well payback less than a year. Dsrt Gvu-29 permit its due its been almost 11 weeks since submitted.

I hope idien gives us a decent update this coming week, i emailed him a couple a weeks ago and got an "out of office" response saying away on business.

If hes doing business we need to know.