Member Info for Maladoni

Where's your mid 4's Will? Drawing attention to you ineptitude, really.

BYOF.

The likes of SSE have moved to holding companies in Switzerland as in their law the government has to give fair shareholder value. Bonkers Franco, hopefully it won't happen but stranger things have happened.

There may not be any open goals but there is a fully funded 5 well drill campaign, a gas contract, a 3D survey and a bloody massive black Friday discount on Brylcream.

BYOF

Did someone tell the Dinosaurs that climate change was on its way?

They asked the Ostrich King but he had his head in the sand. But seriously Still it does mention high impact event during this period. Whilst most where wiped out, the crocs manged to survive because they are bottom feeders as well as flesh eaters. I learned loads to be honest which I'll have forgotten this time tomorrow :)

2/3rds of the planet was under water during the Cretaceous period. Well you live and learn.

(Klytus, I'm bored).

If the share price rises 3% per day for the next 100 days then its 107.88 then we'll all of left.

GYOF.

I can hear lots of worms farting. I hope that doesn't impact the 3D Will.

GYOF.

Been looking at swellable packers. Big variation from $200 to $9,000 a piece. No idea what numbers are required, but that will add to the incremental cost of each well but even at the top end one is more than paid for in one day @ 225 BOPD.

Bill, the book build came after April. The current programme is fully funded. They only additional costs I can see are new staff. Happy to be corrected.

Sea, doing some very crude math, I reckon recent the recent hiring of the 4 horsemen will add between 9-25 bopd to the break even but it's pure speculation on my part. You can also spin it the other way and say if well integrity is right from the off and life expectancy is extended then their ROI is almost immediate.

Short Term
Well 38 Sidetrack results
Well 30 Spud
3D Seismic Results

Mid Term
Well 31 & 03 Spud

Long Term
Bespoke producers from sidetracks as highlighted in the 3D.
29aZ remedial
New wells with inc horizontal sections @ Norio and potentially Satskhenisi (latter POO dependant).

I was asked why I had confidence. That's why. Nothing is certain, but this fits my risk/reward strategy perfectly.

Bedex, I read it all. There's a multitude of agenda's being spun. Some are miserably transparent like that post below, some are subtle and cleverly worked. I really couldn't care less. I'm a big boy with my own risk/reward. If every CEO had to leave after making a mistake I'd be head of Gaz Prom by now.

They try to vary their writing styles but their patterns are like a fingerprint. Whatever.

Can't be flatter than Arsenal's back four.

I certainly hope so Bobby. The signing of the gas contract has had little influence on the price in the short term but as this is a long term investment for them hopefully its indicative of whats not only in the ground, but also the ability to extract it.

So round down to six months.

12000 x 60 = $720,000
28 x 60 x 30 x 6 = $302,400

Total from both sites excluding gas $1m x 2 = $2m p.a. minus costs etc.

So at 5p per share and £21m MCAP there probably still is a little bit of sentiment built into the current share price. Will be interesting to see how it rerates on news.

Points go to Mish Funny Fanny.

Here's another apt AIM film quote....

"Once you enter this door, there's no going back".

(helps if you put a Scottish twang on it).

Star Wars.

Welcome back to purgatory Gary, hope you had a good trip.