Member Info for maestro1

Sbb1 You are right there with regards to fundraiser. This is exploration and everyone knows this, if its a duster you move onto the next one. With the prize on reward i wouldn't want to risk being out. Lets makes one thing clear, in this 6 well drilling program i can see matd finding oil. The fox prospect looks attractive prospect so does Sl and WH.

Chislehurst

the guidance is 8000beopd and that will happen by year end, currently producing 3500bopd.

SDX say from SD they will produce minimum 50mmcfd that is equivalent to 8000 boepd, so 55% is 4400boepd, add that together with current production that is 8000boepd.

SD drilling campaign has been successful, hopeful soon the gas found 4 wells will be in production soon, dont forget the Rabul finds with has added some handy oil.

Dont forget Morocco, big money to be made over there...

Likely next month for trading update? We have news on sd3x due and flow rates at sd4x. Few development in meseda also.

On 17th may 18, PW said they are undervalued and should be valued close to $400m, well that will give us sp of £1.50. Maybe sdx can start moving to that level now..

Sdx have had successful drilling campaign in 2018. Sd3x is the final development well is South Disouq, hopefully by the middle of next week sd3x will reach td. Sdx have already drawn up plans for 2019, drilling in Egypt and Morocco. Finally targeting oil in SD. Interesting times at Sdx.

https://www.marinetraffic.com/en/ais/details/ships/shipid:732448/mmsi:566445000/imo:9593684/vessel:KOTA_BAKAT

Bladderman

I dont mind whatsoever, its just the mm's the way they play it. I hold more, i purchased 9.19p awhile ago also.

im convinced that the sp will double by spud, its an producing asset with a mkt cap of only £15m. Just too cheap at present.

10.4p was mine, really p me off i couldnt buy any so i put fill and kill at best price. Not many stock around, the price is ready to blow. We have to remember the vessel will load up other items so will not move staright away. I believe mid aug good chance of spud. Current price looking cheap.

Nice...

Buc

I was annoyed at the second placing but now the company have no excuses, actions speak larger than words.

I just cannot walk away from MATD, the potential is just too huge for a company valued at 10p a share. Mongolia landlocked between 3 hydrocarbon producers, China, Russia and Kazakhstan. Do we believe the rocks are totally different in the middle of all 3 countries where matd is situated. I DONT THINK SO....

No farm in will happen but we have funding to drill 6 wells, so the company has excellent potential. Looking forward to the presentation tomorrow, most of it will be repeat but at least the company is going forward.

Cant believe how quickly Fundy flips.

Conference call tomorrow, lets see how many investors actually tune in?

I think spud will happen this week, as Buck will look silly tomorrow if there is another delay.

Interesting times at matd, 1 st target of Snow Leopard within 14 days of spud.

BRING IT ON!!

Buck

Horizons and Zones, same same. :-)

Next few weeks interesting at MATD.

Buck Two horizons being targeted at the snow leopard, the first one should be breached within 2 weeks after spud and the second imho within 40 days of spud. First horizon 20MMbo target and the second horizon is 70MMbo. Next week spud. Interesting times....

David490 So by the end of this month...

Thanks Mp ans Mikey They are targeting 2 horizons on this well in snow leopard, 20MMbo the first and 70MMbo the second. I wonder what depth is the first target we might see some fireworks early.

Mister P With that matd can drill 6-7 high potential wells. Expecting spud to happen the coming week. Mkt cap for this really needsnto be over 100m now.

Does someone know why it will take upto 70 days to drill only 3350 Metres. Does that make sense? This TD should be drilled by 30 days. Imho

I was going to mention bpc, they trying to get partner and will lose large share of acreage. Unlike onshore where cost are cheap an offshore well can cost in excess of £20m. So even if the asset is great you have to get it right from the beginning. I think matd the best oil exploration stock to invest in at the moment in aim, rewards will be great. Imho

Thr last update stated the rig was 35% installed onsite. It will happen next week now. Imho