Member Info for Mullins58

Https://www.bbc.co.uk/news/articles/cwylepd79d5o

Https://www.bbc.co.uk/news/articles/cp3wxgje5pwo

107.30

Cost of Drilling Heron

53.54

No takeover or JV talks have taken place.

Https://www.petromatadgroup.com/wp-content/uploads/2024/07/Corporate-Presentation-10_07_24-Petro-Matad.pdf

Https://www.youtube.com/embed/5gQv3uwTPXk

Latest Video

https://www.youtube.com/watch?v=zPx2-QcAQbc

Latest Video

https://www.youtube.com/watch?v=zPx2-QcAQbc

Nice , now on to the next argument.

Nice video. Atb

Good Luck

https://www.investopedia.com/articles/basics/11/common-multiples-used-in-oil-and-gas-valuation.asp

Ash , agree. ATB

Https://www.lse.co.uk/media/GROC/greenroc-now-on-the-eu-radar-after-presentation-on-amitsoq-at-the-greenland-business-mission-ceqvnkk9ejtk6hm.html

Filtered

2.80 / 18.8m

Https://x.com/Petro_Matad?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

2.73 / 11.1m

The Company is working closely with Trafigura Trading (Europe) Sarl ("Trafigura") on its existing hedging commitments, including the impact of previously crystalised hedges, and has the required flexibility under its financing facility with Trafigura to manage these commitments ahead of the installation of the booster compressor and the expiry of the legacy hedges.

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Richard Herbert, CEO, commented: "Angus is pleased with the production from Saltfleetby during the third quarter which extends our track record of safe, reliable production. Even with the planned maintenance shutdown in July, revenues were up on stronger gas prices. Engineering work is proceeding to plan for the installation of the third compressor (the booster compressor) in late 2024-early 2025 which is expected to raise production levels and increase ultimate recovery from the field. We are also very satisfied with the performance of the Brockham Field which has now delivered 13 tanker loads of crude oil to the market since production was restarted in late May this year."

Https://www.londonstockexchange.com/news-article/ANGS/q3-2024-production-and-operations-update/16700948

Mike Buck, CEO of Petro Matad, said:

"The last few weeks have seen a lot of activity and some significant progress. We are extremely grateful to the recently appointed Ministers of Mining and Construction for their support in reclassifying oil production well pads to avoid the unnecessary burden of construction permitting regulations that were not designed for works of this kind. Our focus continues to be getting Heron-1 on stream as soon as possible and hopefully Heron-2 can also be brought onstream during the 2024 operational season.

The Gobi Bear-1 result is a teaser but if oil is present in these well-developed reservoirs at such easily and cheaply drillable depth that could be a very significant result for the Company. As such, suspending the well allows us to gather data to refine our understanding and determine how best to get a definitive answer."