Member Info for scoobyrex

How much does a CPR cost currently geo ?

err, really Geo. The licenses, The EPF and other equipment all of these are assets that can be leveraged for debt. If Block want to go in that direction.

Right a sidetrack into a different section of a low pressure reservoir. That will resolve the dribble.

Looks like the chemicals excuse was complete bull****, low pressure reservoir, rod pump is barely worthwhile. 18 month payback period at current oil prices, Block may not be around that long. JKT1 is another old soviet well sidetrack, that supposedly was a gas rich target. Now its being pitched as an Oil target and no mention of Gas.

3rd time lucky for an old well sidetrack or will this also suffer the issues of the previous 2. Ultimately PH has his thumb up his ass whilst try to roll the dice one last time.

So glad I reduced my position over the last few weeks, clearly by not enough. Normally I would of bought back this morning. I didn't. Now deciding to sell out completely next week or wait for JKT-1 news. PH needs to go clearly his priorities and attention have already shifted elsewhere.

Vox.

BLOE posted the link on twitter this morning.

small sellers, even smaller buyers

ROFL I just realized I mixed up Charlie and Philip Dimmock. Classic

It could explain the lack of communication if they are shacked up in a remote Georgian cabin rubbing oil over each other.

oh dear, I really didn't need that image before trying to go to sleep. Nightmare material

Yes and we are left assuming the chemicals have arrived, assuming flow testing has started and assuming a duration period before results.

Communication sucks and is chalk and cheese compared to 2019. All we can do is hope the outcome is different.

On the 7th October we were told 2 weeks for chemical deliveries to clear drilling muds to enable flow tests of WR-B1.
Oil is coming to the surface but no indicator as to how much.
This Thursday will be 5 weeks since the RNS and still no news, no announcement that chemicals have arrived. No test period start announcement. Nothing except the Mr Guram video.

You would expect something from Block and the BoD looking to improve sentiment and shareholder relations what are they doing ? Are they so scared of the concert group to release any news ? is this well a complete dud and they are dragging out salaries and shares for as long as possible ?

It is approaching my deadline for selling out and cutting losses. The lack of communication and Paul Haywood and Charlie Dimmock disappearing for MONTHS now is unacceptable.

The video isnt on youtube. it is available on vox markets

https://www.**********.co.uk/articles/video-block-energy-operations-manager-provides-an-update-from-wr-b1-well-site-ee28d2a

I am fuming at the lack of comms from the BoD, using the BOC site operations manager as the front for the company.

Maybe, but not with being a replaced with a stooge of the concert party.

Fingers crossed, but would they actually be aware of any flow from WBR ? Would they have people onsite or inspecting for themselves ? Could they be spun stories like PH like in 2019. I hope not. Just struggling to see how they would know more.

expecting news on oil flows from WBR possibly from next week onwards.

Just for fun I think the RNS will land on Wednesday 10th. Let’s get a list going snd see who is closest.

Something to fill the time with

Re-spud
Peeled spud :-)
Simply “re entry”

Appease SCH.

So you think SCH have written off their total investment in Georgia (Circa 100M iirc) and will dump their BLOE shares starting on the 27th, after all it is meaningless to them with such deep coffers.

Or is their a young developing executive that is tasked with restoring value and pride and holding Paul Haywood to account. fantastic development opportunity for someone's career at SCH. It may not be SCH Board level but BLOE will have someone to answer to at SCH.

Ok, but waiting that long will drag the SP even lower, and the sentiment at SCH may change during that period.

Would be better to get the WBR news out and maybe the SPUD or something out about JKT to apease SCH

what would be the benefit to wait that long to either BLOE or SCH ?

Just like at an airport, he announced his departure.