Member Info for Retireby40

A good synopsis. Is Niko further down the line on the say so of the investor who wanted to make sure T-45 and Dino-2 can maintain bopd? More than likely as why else would they not just crack on ASAP assuming they’d have access to the kit and team.

I’m sure zone 13 hasn’t been worked on given Zaza spoke of its potential in the interviews.

Ha, too true! All good mate and hope you are too.

This was stated on 8 May re T-45 and Dino-2 was within 90 days. The intention is to continue to test the combined flow of Zones 14 and 15 and, within a period of approximately 60 days, perforate and stimulate Zone 9 and produce from all zones together. As previously announced, in addition to these target Zones, a 14.9m pay interval has been confirmed in Zone 13. The Company is also considering the perforation and stimulation of Zone 13 in addition to the original Zone 9, 14 and 15 targets. The market will be updated about the final decision in due course.

. A Bloomberg article suggesting that producers of light sweet crude could indeed increasingly find themselves in the sweetspot as international regulations over consumption of sulphur heavy oils (shipping is a biggy) are clamped down on. Critically almost two thirds of the world's crude production is in 'medium sour' and 'sour' grades and as Zaza loves to emphasise we are flowing the good stuff. This is not one for the future, this is happening now and we are producing now. https://www.bl**mberg.com/view/articles/2018-07-17/sulfur-s-the-overlooked-commodity-that-could-cause-an-oil-shock

Anyone think this has been stimulated as planned and stated in the 8th May RNS? Doesn’t sound like they bothered with zone 13 but they should have done zone 9.

Didn’t hear that. They’re in talks with the investor to go deeper into Niko for Z19, not going back to T/45 or Dino-2.

Zara is doing both today one is being shown tomorrow so he won’t be discussing material things not disclosed to the market today to be rns’d and shown tomorrow. Let’s see what he says but most squids are damp but I think it could be a damp squib! Hopefully Zaza is here talking to interested parties re ud-2 and eldari B.

I’d be keen if it’s on the back of successful results on T-45 and Dino-2 as the share price will be a lot higher. Well it should be. I’d want these wells to continue delivering decent bopd come December and then looking at a sidetrack in 2019 for ud-2 seems sensible. Key to have 3 wells producing decent bopd come 2019 as FRR will have a sustainable business and could go on and develop all those other wells. In the meantime good news on T-45 would be great!

Cheers. Hopefully we get some news on T-45 in the next week as zone 9 should’ve been worked on 2+ weeks ago.

All good. Think it was Niko that zone 9 produced. Not sure though. Hopefully news in the next week or so, much needed. If T-45 is sustaining decent bopd sentiment and hopefully the decline will turn around.

From 8 May RNS - The intention is to continue to test the combined flow of Zones 14 and 15 and, within a period of approximately 60 days, perforate and stimulate Zone 9 and produce from all zones together. As previously announced, in addition to these target Zones, a 14.9m pay interval has been confirmed in Zone 13. The Company is also considering the perforation and stimulation of Zone 13 in addition to the original Zone 9, 14 and 15 targets. The market will be updated about the final decision in due course.

DO you not think they’ve gone for zone 9 as stated and possibly 13? Certainly 9 should have been perforated and stimulated over 2 weeks ago and hopefully 13 too.

One train load of oil will be included in the results. The oil was produced in H1 and sold in H1 (although Payment will be H2 it will be revenue in H1) but anything after June will be H2 so I expect H2 to be a lot better and H1 marginally.

Should be retired by 49 (dead that is!) not retire by 100 or 40 even.

T-45 news next week surely. If positive re a decent cement job etc means they’ve learnt to sustain bopd means we have a business. If not it’ll be drowned rather than excited puppy.

T-39! The new carrot, **** ud-who?! Joke but T-39 wasn’t stimulated so on face (well) value looks tasty as does the formation. Over and out.

Great posts, much appreciated.

Arsenal it’s been 73 days since 8 May RNS so T-45 should’ve bad zone 9 and possibly 13 added a couple of weeks ago. I agree results on T-45 next week, Dino-2 May be a little later.

Thanks for clarifying.