Member Info for Maladoni

Thanks ADT. Fairly bullish but in line with previous forecasts ("Accordingly, by the time the CPR is updated around the turn of the year (factoring in drilling results, including 16aZ, as well as the comprehensive 3D seismic programme), Block may have line of sight to production in excess of 10 kboepd (gross))". Suggests to me that that the issues with a single well isn't a major game changer.

If Red Deer is a gusher then fair play to all MATD holders they've been through the mill. I feel sorry for LTH in President this week, Argentina's a mare.

I like a balanced view but I actually activated the filter for the first time today. Somethings clearly amiss.

Made me lol lezzils. Trench humour. Wasn't in this for long but for sure GL to all long termers, hope it turns itself around.

For sure. My motives for asking are pretty selfish Tony, trying to organise Chez Maladoni finances*

* reiterating to the misses all cards are maxed.

Ah rigthteo my bad. So are service and workover rigs different then AJ?

So now the drill is in place what's the rough timescales on the initial flow rates?

Meh. I'd say the vast majority, the vast majority pay no attention to the ramping noise. Likewise, most will listen to an open mind to valid questions and issues raised. What put peoples backs up is the self congratulatory nature of some posts and subtle snideness that engineered to provoke. That does not give balance no matter how you dress it up.

If you look at the projections for Y1, Y2 & Y3 then this was always mid to long term. I have a target price as I'm sure many others do, they'll be a few re-rates along the road. As to those taking pleasure in the misfortune of others, meh, I feel kinda sad for them but hey life is as mad as a box of frogs.

There's a fair amount of investor ignorance here, myself included. Thinking about the panic around the book build, water in production, bopd vs bbl etc etc. But I also think those staged interviews have not added the clarity needed. It'll be interesting to see what kind of job they do with the Q&A. So what are we left with, one potentially over shouted but still profitable well, knowledge gained, two more low cost historic wells and one new well per quarter to follow. 3,000 to 5,000 still has to be the target, why else build the storage to facilitate that. Then there's the gas and the 3D. So for sure mistakes have been made, that's business but the potential is still there.

and... dodged.

Will this be swerved like the apology?

What about Stokes shot quercusrobor? Unreal.

Make that 67, lets not take that away from the lads.

One things for sure it won't be 66 all out ffs.

It's in the budget for 350. If it has to stay at around this level to preserve integrity then so be it. I'm sure confirmation will come as soon as the optimal rate is known. Still 2 more wells plus 3 new spuds and the 3D to come along with the gas so much ado about something.

He's got a special page all to himself god help us.

Georgian gas market get deregulated end of this year.

"The retail gas market in Georgia is highly concentrated. In 2016, the market share of the two largest distributors and suppliers – SOCAR Georgia Gas and KazTransGas Tbilisi – equalled to 84% of total annual gas supplies to final customers. Long-term contractual relationship and, in SOCAR’s case, also corporate interdependence between incumbent importers and suppliers practically intercept the entire gas supply chain in the country and undermine the possible emergence of competition."

You can see why BAGO are very keen to get a deal done and the infrastructure put in place.

Also...

Arianna Huffington
Warren Buffet
Steve Jobs
Sir James Dyson
Christina Wallace

There's a pretty long list of Entrepreneurs Who Failed First. Noise, its just noise.

The organised de-pump is just around the corner.

Probably Sieveco. But very amusing fella, made me LOL.

Pleased you had a nice holibobs AJ.

Maybe Bill, but then they're idiots for not researching it properly. Sentiment is a powerful thing, pretty sure the more risk adverse cut corners because they don't want to miss out. Anyhoo as ever ignore the noise North and South and trust your judgement over the longer term.