Member Info for Maladoni

A hornswoggle...

""The economic impact of this transaction is also significant, whereby in our single well base case production scenario (325 bopd) well netbacks increase by over 40% on completion of the transaction, to around US$41 per bbl at US$60 Brent."

Geo - 1,000 would give you $14,965,000 minus tax, looks like production is factored in if I read that correctly.

However I doubt that figure would be sustainable for long if possible. 325 was the initial target per well, $4,863,625. Obviously excludes gas which if factored in the 325 will bring the total down, or if not will bring the total up.

I emailed Justin to ask him if the rumours of them getting some work done on the ceiling from an outfit up North where true or not. He said he couldn't confirm or deny if PH had been heard to say "beam me up scotty".

:/

I'm dreaming of a dividend. Can't wait for the day when the get the cheque off.

You khan help yourself Rob.

and of course, to boldly bloe where no man blown before.

Here all day.

A cannae give her anymore Jim, she's ganna bloe.

Bill, there's more holes in that post than a tramps socks. Nice try but I ain't biting.

They mostly come at night, mostly.

I'v looked at Schlumberger recently released Q3 results, they are doing better than I was lead to believe thought it was all doom and gloom, pretty flat overall. Plenty of mention of Russia but little Georgia doesn't get a look in.

(whilst we idle)

Starring.....

Mr Brown - Madmanrob
Mr Blonde - SEA7
Mr Orange - Cautious 11
Mr White - AJamesW
Mr Pink - Jet Jock (will he tip when loaded)
Nice Guy Eddie - Bigboffer
Mr Blue - Hepseal (somebody had to be him

Remember kids its just for fun. Jokers to the left of me clowns to the right, stuck in the middle with you!

Markets down across the board.

Tony has called it right. More will bail on no news. However I'd prefer the story of the RNS to be here it is without doubt, we are fully confident etc. Then we'll rerate accordingly and have a new base till the next news.

Aye thanks AJ, been doing some reading, all seems fairly basic stuff and the most de-risked element of the process.

I would imagine each stage of the drilling process eats up staff resource. Not too sure what ground preparation entails though so I'm prolly not the best to comment.

Block currently plans to follow well 38 with a sidetrack of the most westerly well on the field, well 30. This well lies within the P10 area, or the maximum part of the Middle Eocene reservoir which the independent auditor, Gustavson, considers to be productive Accordingly, on this basis the well is likely to be the highest risk / highest reward of the campaign. Aside from its Middle Eocene oil potential, well 30 is also prospective for Lower Eocene gas, having tested at rates of c.0.9 mmscf/d in the late 1980s. Block, therefore, intends to deepen this well to appraise the gas potential, before sidetracking a horizontal section through the primary Middle Eocene reservoir. The third sidetrack is likely to be undertaken at well 3.

You'd assume therefore its gone West.

Next to no beer money sales, everybody wants in.

Have a good weekend all, sleep well and strap ya sels in for the rollercoaster next week.

BYOF.

You can go on their website Rough and see reports of payments to foreign governments and download the PDF. Rustaveli is fully itemised.

Q. Is 4.90p not mid 4s
mid1
/m?d/
adjective
of or in the middle part or position of a range.

A. No

GYOF

All the best Nige.