Member Info for Mals1960

email sent, it didn't like the gap in Antony Maris's email and Philip Wolfe's bounced back no DNS.

Good work all concerned with this,
Kind regards
Alan

Are the shares still trading?

Email sent

The ex Bondholders must be sad today, they so nearly had all our investments. Thank goodness that CA were aligned with the rest of us last year.

Is there anyway that the Bond holders could be identified after they are paid out? Someone tried to snatch a lot of my money a year ago and I'd love to know who was colluding with the BoD at that time.

Sent today at 11:32. Thank you for your continued work Sense.

Now that Lincoln has been relinquished could Hur re-licence the field if the O&GA agree to them re-opening the plugged well and connect to the AM?

Do the Chinese either own or control the majority of the Mongolian rigs and crews? Given that Petro China are under the control of the toxic Chinese Communist Party and their underhand policies should Matad resist getting involved with them on the Raptor exploration and limit any JV to Heron only?

I think that you can donate odd shares to charity

I wonder where the SP would be today if the old BoD hadn't tried to gift the Company to the Bond holders last year.

The news was in the 11th of Sept 2020 RNS,

" Pressure gauges in the suspended 205/26b-14 Lincoln well exhibit a 20 psi pressure decline, most likely as a result of production from the Lancaster field, 8 km distant. This important observation demonstrates good regional reservoir connectivity and that the Brynhild fault zone between Lancaster and Lincoln probably does not seal. Retrieval of additional pressure data following the recent scheduled Lancaster maintenance shut-in will be required to prove conclusively that Lancaster is the cause of the depletion."

No updates though.

That's a shame, I wonder if well 6 has been benefiting from Lincoln pressure leaking through the fault between fields. I also wonder if oil flows too?

Does Hurricane still have real time data on the pressure fall at Lincoln or would they have lost the ability with the well plugging?

Wow currently there is a Spread of 13.48% which seems a bit chunky, any ideas?

Wouldn't it make sense to reduce the rate of production until February? this would obviously help Hurricanes profit or at least obtain the same profit for less oil. A minor rest for well 6 can't hurt either.

What's the maximum load that the Aoka Mizu can hold and the total the off load tankers can receive? Can we keep production running until February to get the higher price?

A well regarded Rockhopper board member is moving to a new company. Hurricane?

I disagree. If we were still stuck with the old BoD then yes but the new hires have been brought in to get things moving. they need a few months to plan and organise plus everything around a FWP that the old BoD initially promised needs re validating.

We do still need a plan to deal with the bubble point either extract the gas, water injection or a new well in a pressurized area. I believe that in Vietnam the wells received water injection to extend their lives for a few years. my concern is that with the pressure even in the Lincoln field falling in line with well 6 and 7 then how will they know which areas of the Lancaster field retain high pressure? they can't just drill another well into a gas producing low pressure zone.

Assuming we pay off the Bonds successfully in the next few months, what would the priority be in the FWP projects as money becomes available/

1, Gas connection to the main pipelines.
2, Well 8
3, Water injection
4, Halifax