Member Info for rhertig

In past articles they have said much the same. You can't see yesterdays articles unless you subscribe. Google is your friend.

When I hit 500,000 shares I swore I would buy no more. Now I have 1.2 million. At least I don't have to wait for 2.5 bags to break even anymore. 5.8 pence to even.

Yankee running to catch the train. Mumbles "dang brits are leaving again". Heck with the train I have my rocket ship tickets. My tarot cards say there is oil waiting in the Devonian.

This reader is laughing out loud with the reporter. Although it may be two different things we find funny.

So A5 was 120 meters of pay off the top of my head. As we got to A8 it was in the 50's meters we thought they must be at the edge. So with the additional 90 meters that's not the edge. I think this goes into the additional property we bought and it's bigger that 52 sq Km thoughts? My memory is bad but I think that was the discussion a few years back.

Another news flow item that may come out of nowhere. They new shallow structure they drilled. Then had water problems. Said they were working on it. Then standard RADIO silence. It is most likely sitting idle. With more cash they might try to fix the well or even drill a horizontal leg. That would be nice. Another MJF structure.
There are a dozen such areas on our land to drill. That's why I can't figure out them always looking for more. I guess we are a cattle company as the grass is always greener on the other property.
I need 5.8 pence to get to even hopefully that happens soon so I can start making big money in 2022.

Pound party? Heck it would be life changing if we hit the 17 pence that happened last time A5 flowed. Fifty pence party in Florida. No need to bring beer I have plenty here.

Somm I would definitely love the boooom part. Any other small oil company finding 90 meters would have doubled today. One interval flowing in this and then we might finally catch a rocket ship. This is huge if we bring in a major partner. They will pay on the math not the current stock price. Last offer was 17 pence.

Another interesting part of that news release was the water flood. That would be nice to stabilize production and increase the recovery factor.

Not counting the new CPR that was in the process and then never spoken of again.

If they find another oil column in the Devonian thats major news without a flow test.

At $19 the MJF wells were supposed to pay out in less than a year.

Planning to add more when the market opens in the US. It is insane that this didn't jump 30% or more today. In 2023 we will be throwing off more cash than our current EV. This is nuts.

Will we call the son elevengiz?

KK it's good to see someone excited on here for a change. It was a depressing 18 months.

CC delve away. Lets ratchet up the conversation.

Well I haven't felt good about my investment here for a while. It's starting to feel like a real company again. :)

Drilling at A8. We are finally going to know if there is a deeper oil field. This could be twice as large as the current deep zones. Yes we still haven't cracked the deeps. However the majors will start looking at us hard. Better to get a big partner by far with that under our belts.

Scott I have a smaller position on PTL than TXP. But still excited. The well just drilled will pay for itself in three weeks 8000 plus BOD. There are some free lottery tickets also as they have some elephant leads on their leases. They are going to farm them. It was supposed to be done but Covid kicked the can down the road.

CC very true. On the bright side it looks like someone is buying today.