Member Info for Ohmetoe

2 x plants initially upon completion of tests.

What makes me think this is happening is PQE were using the first initial million to upgrade plant with MSAR all paid for by tomco lol

'Petroteq 500 bopd '

Beg to differ !!

Torreaguas,
You misunderstand , its not a 500 bopd plant , that is for testing purposes.

Its unlocking the oil in Utah that has been the issue for years , PQE have achieved this early this year .

The use of MSAR in Utah is massive as the oil in place is billions of barrels literally billions .

If this trial is successful then this could be huge for QFI

I hold shares in both QFI and PQE ,
Most shareholders of PQE are expecting news very soon maybe this week so hopefully clear up where QFI are coming into play.

From my understanding most are expecting this to work which opens up a huge amount of recoverable oil where MSAR will be frequently used .

Downside plants would have to be built , which as always takes time

The trial at PQE plant at asphalt ridge is underway by looks of thing's, Valkor are currently on site and the plant has been commissioned just before cv19 hit .
Qfi tech will be an add to the plant to produce bunker fuel as we know, the work is appears to be already happening and by looks of it has been going on for a couple weeks.

Valkor website already states it is working at asphalt ridge .

2x 10000 bopd plants on Tomco lease using MSAR and then PQE approx 3000 bopd and rising at asphalt ridge .

Managed to get 1.8 in the end and it shows as sell

2.20 I'm getting not sure what is going on and 1.8 sell

Im getting over 2 p on HL

The real picture is combining QFI and PQE know how to produce lots of bunker fuel at premium rate.I am waiting for 2 p entry not for trading reasons but because i believe what is goung on at Asphalt ridge between the companies is going to be massive , want to maximize gains

Brent up !

Odds on it drops before opening tomorrow!!

SS to be replaced by Coco the clown ?

Well placed a buy in at 2 p now so see where it lands , couldn't get less than 2.5 p on Friday

Hopefully a more positive week after last couple of non events

'I assume you’re in the anti brigade,'

You assume wrong , been invested here for a long time now along with other oil stocks.

This has been run by incompetent bumbling idiot who has overpaid himself and again tried to mask his **** ups onlynthis time it back fired.
Will the water ingress be solved ?
Placing coming to raise for this .

'The HH-2z well is currently shut in for a long duration pressure build up test to re-assess its connected oil volume.'

This from the RNS after the claim of dry oil which was from March .

UKOG do NOT have dry oil

'Hopefully we get some good news in the very near future :-)'

August to September time is when this will really shake if Valkor can get Petroteqs plant running to speed and producing bunker fuel with QFI

SS is delivering, just over 300 barrels of water and oil a day .

If I was in a pub i would call it a shandy !!

Gets paid over 700 k for that all whilst getting PI's to goover up the DSF shares

I have stated before that i am here long as believe in the company will come through and a new CEO is pointing us i the right direction.
My concern is the price of poo is very much stuck at $42 range floating a bit up or a bit down. I will be alot happier when this pushes towards $50 maybe planes flying will help.

If this sticks around low 40s then i may take my profit

Apologies for spelling my excuse is tablet playing up ;)

No strictly true Petroteq can go back to produsing WTI oil using cot which they can now do.

This effectively brings alot more money into the game with Bunker fuel as it gives a much more profitable return.

Valkor are working on the as we speak and we will sll find out by end August roughly where this goes .

This benefits mist parties however I expect Tom to dilute a fair whack