Member Info for Maladoni

Yes of course its an educated guess but the logic is sound. What other possibilities are there for the switch from 30? The only one I can reason is they've seen the data for that well from the 3D, but if that's the case then in all probability they've also seen the data from 51. To imply they are drilling blind is well, daft.

Totally agree re RNS/Price, never said any different. I remain positive lets see what the next release gives us.

Why?
1. WR-38Z is commercial
2. Proximity and ease of new infrastructure.
3. Faster cash to accelerate 3D drills (current campaign fully funded).

All said multiple times since the last RNS.

Been reading a bit more on the 3D process. Can’t confess to understand it all but if the resource is in the ground we are on the cusp of exciting time’s. Lots of Wiki pages about it if your interested.

Seasonal facilitations block heads. Have fun and see you all on the greasy side.

I prefer the original Torham. Certainly rings true in this house.

Excuse me while I whip this out.

Direct link please. Don't bother posting anything from August because its not relevent to this well.

At $66. Every little helps.

Black stuff is the cherry on top. There's gas down them holes, looks like they want to moneytise this quickly re the change in the drilling programme. Lots to come.

BYOF.

"hit a sweet spot by accident".

Oh my. The short to meduim term plan was to become a production company not an exploration company. If you're going to come here trying to sort out your position then you're going to have to do miles better than that. You do realise you'll need a new name and have to start again as you have zero credibility here.

VJas if I offended you I apologise but seriously man it was a joke.

VJas, I’m sure this is more to your taste no?

https://youtu.be/y9-xBZxqQi0

I hate that bloody song (Yazz).

My vote goes to Tubthumping.

Enjoy the weekend all.

I've got the Metro Centre tomorrow Christmas shopping with the Mrs, the the works do down the Quayside tomorrow night.

Just remember, balls of steel.
BYOF.

Heps, as you well know anybody here with half a brain is here for the gas.

BYOF

I'm getting a big fat commission on the 20th. I'd love the chance to average down but to be honest I'd be happier if we get a nice RNS on Monday that puts everybody at ease and I miss out (I'd still be winning). Stay positive, they can't feed on that.

I don't personally think they have to announce things such as one off oil sales, it's not make or break data.

They tweet in general about the political / industry landscape in Georgia, in a positive fashion. Its savvy when there's additional licences to be had in the future. There's absolutely no comment suggesting they benefit from this one way.

I remember finally meeting a client after some time (all dialogue was done via telephone) and I registered a frown that crossing his brow. In turn I raised my eyebrows questionably and he said "you paint a picture of the person at the other end of the phone. You're not a fat cigar smoking b*****d at all Mal".

Will, does the orange wig itch, how do you drive to work in those floppy shoes, and do you begrudge the seals stealing your limelight?

Quercusrobor - (hard one that for a dyslexic).

If you read the 16 ops update.

"The relative mix of oil, water and lost drilling fluid produced since production resumed in July has varied significantly, delaying the establishment of a stable production rate and Block's ability to announce associated market updates."

"The well continues to flow strongly, producing a combination of oil, water and gas. From 17 to 23 September production averaged 230 bbls/d of fluid at a choked-back rate comprising an average watercut of 78% (51 bopd) and a gas rate of 130 mcf/d (22 boepd)".

Date of the RNS was 25.09.19.

I therefore think that as soon as they have proven rates that have been signed off then the RNS will follow, time of year is irrelevant.

Absolutely there will be a new process in place. There's no chance there will be a repeat of the Cheshire Cat interviews and ceilings subsequently falling in. We'll get solid facts and be able to review our investment based on those facts.