Member Info for researchandhold

20% . Not 25%

No . MG will want PM to stay independent and will only approve a JV with supply to refinery secured and using PM as a model environmental operator to put checks on PC

Well well well there’s a surprise Adw - still here sniping at others and always wise after the event.

Speculation as to the progress and timing of works and eager anticipation of news is what all enthusiastic real investors engage in . Its natural !

What isn’t natural is from a supposed fellow investor is being a negative smart ass!

Stas20 - oh how wrong you are ! We’ve got approx $6 mil in bank and H1 flowing and making money each and every hour of the day !

Proquo- best post of the day , if not the week!

Really neat summary of Matd. Cheers

GLA

Master82 - forgive me , but is the top image H1 and bottom one H2? In which case all the dark areas indicate activity. So only dark area in H1 is where transport tankers has been in and since left with load to PC. Whilst H2 could be having workover kit installed to bring bit on line? Is that what this shows? Thanks

Header says all !

Ababa- spot on . He’s only appeared in recent weeks just when multiple RNSs are due to announce the transition from loss making explorer to revenue generating producer .

Coincidence ?

Certainly not !!!

Oh , and the incessant arrogance of his/her posts is a classic narcissitic style

Has anyone noticed that the BB had deteriorated rapidly since the emergence of paid deramper troll Adw.

Tactics include:-

Subtle deramping designed to sow doubt in the mind of Lth’s . Eg nit picking at the wording of RNSs .

Personal abuse of posters etc

At last a bit of PR:-

https://x.com/petro_matad/status/1851949721276817904?s=46

From last RNS....

"...Only item remaining to be agreed is the administration fee to be paid to PetroChina. Whilst PetroChina has advised that it will likely take some time for the agreement to be signed by its HQ. Petro Matad, PetroChina and MRPAM have all agreed to get Block XX production operations started ahead of the operational winter shut down in late November."

Now ask yourself : why is it likely to take some time. to get an admin fee agree?"

Maybe its more than a simple admin fee and more like a JV agreement for several new wells from 2025 onwards!!

Yes TBT the “subtle” derampers return, it's their last chance to get in cheap, assisted by theMM flipping on the " tree shake" bid drop.

* quieter

Nice to see the BB a bit quiter today without the abusive & arrogant derampers we've had over last couple of weeks!!

Mullins58 - think you got the wrong board and meant to post on ALBA

Are:- I rest my case

“ Me thinks he doth protest too much “

😁

Not my figures .

Do not ascribe “ “Rough Calcs17 Jul 2024 14:5“ to myself !

And in any event assuming at H1 runs at 300 / day for 12 months without increase when it flowed naturally in choked at 821 , well I’d say that’s more than conservative !!!!

Oh and …

Ps

Go on , you can have the last word again :- you just can’t resist that .

Oohhh dear Adw , you’re beginning to lose it now !!

Keep banging on if you wish but your faux reasonable questioning slant ain’t fooling anyone and your cover is blown !

Are- you keep saying “….Im not an oiler…”

Then learn to listen and read up on the subject instead of banging on about flows with a deliberate negative spin!!!

Use as your starting point the RNS reporting Heron 1 original test results

RNS :-

“ The zone flowed oil and some associated gas to surface without the need for any artificial lift. This is exceptional for the Tamsag Basin where only a few of the hundreds of wells drilled have had the capability to produce oil to surface on natural flow. The peak production recorded during the test was 821 barrels of oil per day ("bopd").“

Adw - like a broken record !!! Still seaking to bury good informative posts with so call " questions" over and over again!!

Obviously paid to post & run an agenda !!

So here we go, lets re-read that part of the H1 Testing Operational RNS that sets the current flow testing and build up in context:-

"..The zone flowed oil and some associated gas to surface without the need for any artificial lift. This is exceptional for the Tamsag Basin where only a few of the hundreds of wells drilled have had the capability to produce oil to surface on natural flow..."