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https://www.cnbc.com/amp/2018/09/21/oil-industry-needs-to-invest-11-trillion-to-meet-demand-opec.html

Valued at 4.8p a barrel :)

I reckon that was the bottom. Let's see if I was right.

Fox Oil worth in the ground £1.15 a share Should that come in. I reckon market will give us 12 - 15p a share on a strike! All to play for people!

We only need time here people. Do you have time ? Can you hold until end of October. ...

Over next week or 2 this will rise because of the beast. Size of the prize is massive.nearly 500 million barrels. I remember when pmo hit Mexico there share was 250 million barrels and mkt cap went up 100m. We are targetin doube that 250 million barrels. So we should see at least 200m then we are onshore. Which adds even more value. Still going for +40p added to share price on a strike on wild horse.

Admin@petromatadgroup.com

Just phoned the Mongolia number. Spoke to reception who couldn't answer any questions. She told me to email admin@petromatadgroup.com for any questions. Who wants to contact them and tell them pr is crap. And they should create a twitter account to keep us updated with photos of the drill rig. Plot photos trucks or anything else that might be of interest to us holders.....

Thanks Sm123. For clearing that up.

Thanks for the reply Sm123. Was it Rkh or pmo that drilled sea lion ?

As sm123 has pointed out we are debt free, so if we hit the mother load we can get funding or a big placing to go it alone like Hur did. Or we can give a % away to a partner who will pay all costs. Let's remember we can keep a bigger % . Does anyone know percentage normally given to partners for confirmed oil finds....

Who wouldn't want to be in for Wild Horse? Targting 480 million barrels of oil, it's a real beast. As stated many times the oil in the ground value is 7$/£5.36 a barrel. Cos of the sheer size and onshore. Thats nearly 2.6 billion pounds worth, which is £3.89 a share. I think the market will add 40p to the share price at the time of the strike. Some on here have mentioned £1a share if it comes in. Time will tell. Life changing money if it comes in people. We still have 4 fully funded drills next year to fall back on!

Yep a 25 day drill, with 5 days added just in case. Let's call it 30 days. Results to be known around 5th November is my guess

How many bags to be made here if wild horse hits the 480 million barrels. Hmm 12p 18p 24p 30p 36p 42p or 48p. Anything up to 7 bags on a strike. The biggest drill on aim this year. Maybe the biggest drill on aim ever .... Really is simple invest 6k and get back up to 48k if it comes in. Larger stake Invest 60k and get back up to 480k. Loving those odds Now who has the ball's. ..... Downside is very little from this price,as it will rise up to spud and during spud because of the sheer size! Fox with its 200 million barrels and red deer, gazelle and antelope to come next year. Exciting times for all involved. Good luck all even the barking dogs what are here for same reason as I am :)

Another day closer to end of October. We can wait for the rerate

Will let you know Hallowed.

Im thinking to call them up on Monday, anyone ever called them up ?

They will be very keen to get cracking on wild horse now. As they have 70 days until 30th November. 30 day drill time. 7 day Set rig up 5 days to move the rig and equipment 280 miles. If wild horse comes in your talking a 5 or 6 bagger peeps.

Take another 300,000.

As stated in Rns work has started on site of w horse. All those on the side lines need to think about this. Could see a Rns next week stating trucks all ready moving the rig etc.