Member Info for maestro1

Helpful Best to ignore him. What motive does he have to post daily?

All that effort from one troll, why? Life is too short?

South This will not goto 2p....

SuperR Idien needs to get jv across the line, should he go for placing i feel the mkt will punish rose. In the past he has said he will not do a placing. He should have said we are looking to get best funding option. Q3 is coming to an end... Lets see..

Dont think so, we are going to invest to take charge in the project.

RRR has cash to do so.

worth remember to get to TD they said it will take 40 days, we are half way through that.The well will be completed within 64 days.

Too many day traders and t traders here, the more that bail prior to the result the better..

How much will it cost to get the cobalt asset in production?

i'd say by the 20th sept we will be in the mengo.

There appears to be a seller, once overhang cleared we can move quick.

fjones40

lol

Belisce The vanji has recently been talked about but the 3 horizons are likely to be drillied. 55MMbo at the djeno that alone will be transformational for aaog. I think Vanji is not important at the moment.

Belisce The djeno will be drilled but the lower vanji may not if djeno is successful. They will have over 55mmbo to play with at djeno. Imho

What we do know the djeno horizon is hydrocarbon bearing, its explorarion as it hasnt been drilled in our acreage but zone is producing in nearby fields. Our seismic data is showing the djeno horizon is showing a charge, now this can be fizzy water or hydrocarbons. With companies finding oil in this zone, aaog will be crazy not drilling it. On average all wells drilled in djeno horizon produce near 5000bopd per well.

If djeno comes in i dont think its wise to go down to vangi. If djeno is a duster they will go down to vanji. Imho

drilling 10 wells upto mengo horizon will cost c $40m, our share will be $22.4m of the drill cost.

The rewards is between 6000bopd-9000bopd Gross. MKT cap only 19m...

Mengo and R1/r2 are sure bets.

Companies around us have successful extracted oil from the mengo sands recently with new technology, the hydrocarbons were found in our acreage too. Even if djeno dont come the future is bright for aaog.

put it this way if the r1/r2 and mengo comes in, this 19m mkt cap will look cheap.

By sunday they may breached the r1/r2 zone.

Woody You just never know with Rose. Lol

https://www.rigzone.com/news/oil_gas/a/29046/delta_petroleum_acquires_utah_acreage/

SuperR Resist selling your stock at break even price, imho permit and jv will be signed within 4 months. 10P+, South kicking himself... Imho, dyor