Member Info for Sausageonstick

How long have I been saying that ECR can do what they keep talking about at BM (in terms of shifting huge amounts of dirt) as they don't have the right licence, now they state

"Once all the results are available, ECR intends to submit a mining lease application in the fourth quarter of 2025, as the next step towards production at Blue Mountain and cashflow generation."

On 29th October SYN stated

"The rig up of the Aakash XIV 50T work over rig at the Cambay C-64 wellsite is almost complete and operations to install the sucker rod pump in the C-64 well will commence imminently."

On the 4th November SYN wrote

"The work over of the Cambay C-64 well has been completed and the sucker rod pump ("SRP") is operational. The well is still cleaning up with the brine "kill fluid" being removed. The clean up will last a few days before the production potential of the well can be assessed."

On the 10th November SYN stated

"The work over of the Cambay C-64 well has been completed and the sucker rod pump ("SRP") is operational. The well has been cleared of the brine "kill" fluid and has produced an average of 23 bopd over the last 3 days."

So 29th SRP installation imminent, 4th November it is installed and operational but kill fluid being removed, by the 10th Nov it has been running for at least 3 days.

So 10th November

"The Aakash work over rig was mobilized to the C-72 well; the workover has been completed and an SRP has been installed. The well is being cleared of brine "kill" fluid and stable production levels will be announced in due course."

So going on previous timescales, 6 days after the 10th Nov we should get a RNS about bopd C72 is producing. So 16th Nov we should hear about C72 production.

C74 results by the end of the month??

.....happen?

Looks like they are only working over three wells , in the last RNS

..... before the mine reopen rns lands.

Does seem strange that the market is just not interested in yesterdays RNS. There would have been a time when the price would have risen here with the news of a new well being drilled. Just goes to show what Sleepy Rolly has achieved.

Says something when the market completely ignores the update

Is C-54 connected to the Indian gas network? So if the new well flows gas can they get it into the gas network fairly easily ($$$$$$)

Looks like some nice progress

Another month's salary from SYN funds being deposited into Sleepy Rolly's bank account.

I agree Gordon, Apparently Cambay is worth a fortune, SYN were being carried for $20m but then they go and sell it all, in my opinion, cheaply. WHY???

Https://twitter.com/Synergiaenergy/status/1983084648990212597

Presuming Roland and Briana get paid on the last working day of the month, then another chunk of money is being paid out this week.

Anyone know what progress Roland has made this month to earn his handsome crust?

20th October

"The Aakash XIV 50T work over rig has now arrived at the Cambay C-64 wellsite and after the rig up operations have been completed (3-4 days), the installation of a sucker rod pump in the C-64 well will commence."

So the sucker pump rod should be getting installed from next week? How long does it take to install a sucker rod pump?

Wolf, I agree, I think just as soon as Selan spends their $20m and thus satisfy the deal criteria, they will want total ownership asap to stop the need to pay SYN anymore revenue.

Ok, so if Selan do actually spend $20m on drilling and new well, they are going to own it all so that a benefit to them.

I still don't know what SYN are getting for Selan spending $20m. That's my frustration for the first 50%. If Selan sell gas do SYN get income? How are we benefiting from Selan spending $20m on a gas field they will own in approx 18 months.

I have a feeling that Selan will spend the $20m (to get the gas field prepared and ready) but will mysteriously not find commercial flow rates of gas until after the deal is done. Just my thoughts but there is no motivation for Selan to find and sell gas if it has to give half the revenue to SYN.

Gordon, I'd like to give Sleepy Rolly the benefit of the doubt, but I can't get away from the fact that he just f.up and that's why he refuses to do an interview when Zak Mir asked him around the time that the 2nd 50% was proposed to be sold off.

If Roland thinks this is a great deal, why is he not singing from the roof tops. Why is it that I and others are emailing him with fairly fundamental questions and get nothing back. It's pay day (again) for Roland and Briana soon, what has been achieved? (Yes I know SELAN have delivered a rig, but what has Roland delivered/ achieved?)

The deal is over such a timescale, with the final money a year after GoI approval, so does Sleepy Rolly and Briana just sit there taking a years worth of money while we wait a year for the deal to close?

I was meaning if you want an answer to your question. Roland has the support of the large investors so I agree the rest of us are left to just wait for sleepy Rolly to wake up and smell the coffee. My view is a the second 50% is bad deal and I have no idea what we are getting for the first 50%, but it feels like the sq. root of F.A.

SSCCSS,

Email Roland and ask him.

Is c64 connected straight into the Indian gas network?