Member Info for peronifund

Anyone remember when this hit 20p + ???

Im in for a small top up shortly ashamed to say I traded RRR (cant believe its still listed ) for a chunk of profit !

Been NT for a while now

FF the people who have just bought multiples of 250k's don't think so - I bet they know more than you and me !!!

FF its highly unlikely tbf - however for those who believe there is a JV coming , it has to drop at some time !!!

As much as its been muted over the last several months ....... if JV dropped now it would be very very funny ---- in a Kevin keegan style , I'd Love it , I'd love it (for our non uk friends , google it )

Well, its dropped 50% from what were very low levels in a week. Lets see a bounce now -

Wonder who's been buying today - "stale " medium holders like myself , LTH , both averaging , fresh blood bottom feeding.... all in all taking advantage of historic lows

Good volume today, so hopefully the overhang clearing - should bounce

3rd well - lets say it adds 250 bopd per day (going on line producing end of May ) on top of 1330 bopd . Plus other increases - Production for June should be in region of 1750 bopd - gettin there I'd say

Fast - the current workovers are increasing production alone . GGS has been proven to work . You are correct, however it has to , but you are making it sound a gamble - its not IMHO

Three conversions of BFSU flowing wells to pumping-flowing wells have been completed;

o Production from the first converted well in the program is up 110% from pre-conversion levels. The well was converted in mid-April, with stable production averaging 190 Bbl./d in the month of May, up from an average of 90 Bbl./d flowing excluding downtime periods pre-conversion.

o The second well is producing oil above pre-conversion levels but is not yet stable. Paraffin treatment schedules are being evaluated which are intended to bring stability along with enhanced production levels.

§ Both of the first two wells in the program experienced significant downtime in flowing configuration from Q3-2022 to Q2-2023 due to paraffin plugging. The conversions accompanied with scheduled paraffin treatment programs are intended to maximize production from these wells and eliminate production interruptions.

o Conversion operations on the third well were completed just days ago, with the well returning to production on May 31.

· Oil production is increasing from the well conversions and the resumption of the Company's production optimization program after weather-related disruptions in Q1-2023.

o April 2023 average gross production: 1,170 Bbl./d

o May 2023 average gross production:1,330 Bbl./d

200 mill MC yes please , 15 bags would be lovely !!

MC less than 14 million ! WOW .......

I feel now would be a good time to announce the JV . But what price a full T/o Risk vs reward is heavily stacked on the reward side at these prices .

Balls to it , just bought 100k more shares .

Its conversions and the extra shares to pay for them , simples - operationally , nothing has changed.

Bob - exactly what is it you want ? There's been 2 updates in past 3 weeks

Next RNS will be another bond conversion IMHO im afraid . It HAS to bounce at some stage IMHO , but when

DRCed - what do you expect to hear , last update tells you everything you need to know....... SP decimated by bondholders and issuances of shares to cover . oil has not gone away

Taking a breather - quite a few chunky delayed trades showing (buys)