Member Info for SenatorPrime

Hamm - "As long as MATD doesn’t do another fund raise and waits for a farm-out deal, we should be okay"

Only real operational commitment is the GOBI well test, for which I believe we have funds set aside. In the meantime the 2026 DSales Agreement RNS "imminent" & the premium priced cash lump sum incoming for that. Also note, the reference to Block XX operating costs etc.

I think we're very good indeed!

As i stated earlier, that's my view . Will leave it up there before getting back to the main thread & for anyone to supply their own thoughts.

Also of note, increased interest not only in Block XX but also the block VII Farm Out.

Any objective, non aligned observer can see what's happening here i'm sure & in the current strategic supply environment.

Petro China about to pay a lot more for the Oil in storage by the looks of things - RNS on that due any day with the 2026 Sales Agreement "imminent" (not my words).

In parallel & addressing the constant criticisms re: alternative routes to market -" In parallel, Petro Matad approached Chinese oil traders to set up an independent route to market in case the delay continued. Interest was shown and this remains an option, but with PetroChina's approval now expected, the tried and trusted export operation remains our strong preference."

Looks like it may kick off again in the US-IRAN conflict

Live Update: 'Iran war live: US strikes Iranian site; Kuwait targeted by missiles, drones'

https://www.aljazeera.com/news/liveblog/2026/5/28/iran-war-live-israel-orders-mass-forced-displacement-for-all-south-lebanon

Oil prices starting to rise again

In Summary:

Main Block XX Production continuing & stabilised with an RNS expected literally any day now on agreed 2026 Sales Agreement.

Farm Out main counterparty hasn't 'left the building'as the nonsense posters were trying to push - Indeed, their serious intent demonstrated with further seismics they're acquiring & notably, the increased interest from other parties - My OWN view is that the Counterparty may be acquiring further seismics, to make a BUYOUT OFFER! (imho)

Very much confirming a very solid platform for sustained, productive growth, fed by Block XX production / Farm Out conclusion

Near term operational focus: GOBI well testing to be confirmed on operator scheduling

Overview abridged version:

- RNS 2026 Sales Agreement "Imminent"

- Farm Out discussion main Counterparty still well & truely on BUT increased interest from other parties*

- New State of the art 3D Seismics for Block XX (hopefully no more squealing from Master & co re: well sites)

- Heron 1 & Gazelle Stable Production / H2 specialist drilling viewed

- Block XX operating expenses held at low level

- Renewables: 200MW a few further steps needed / New Project portfolio gathering pace

Since MB is staying, perhaps we can see the back of you Master-Snake!

Why don't you?

Atb

Your 400K BUY just showed up Doc - shame after all that trash beforehand!

"Well I've had a little punt." - As I've said, certain people playing nthe BB to effect their own Re-entries.

No surprise which ones!

Have a good vevening all genuine shareholders. Should be a very good update!

I'm sure MATD will be better served without your nonsense Climbing Wooster - Goodbye & Good Riddance!

Header ;)

"Do people really think they will be announcing all this good news tomorrow??"

It'll be the details - Ex. The update on the farm Out, Start of GOBI well testing, Update on Renewable 'project ready' & imnvestors lined up for that etc

I suspect certain posters are looking at quick last minute Re-entries!

Keep up the pretense Climbing Wooster, lol

"These green bogeys are everywhere today gotta be Teabagtess, wos, or iron maiden" - usual Climbing Wooster nonsense.

All here knows he's reading all the posrs, lol

Plenty ofvevidence provided on why mit will be ONGC Videsh Ltd - Perhaps you'd like to provide an 'iintelligent', reasoned rebuttal

FARM OUT Parties?

Krok - "There is a zero chance it will be ONGC or any other major or NOC"

Would you like to explain why?

Keep it company related Climbing Wooster - then you can focus on whats actually relevant & not be obsessed with your ramping/no ramping nonsense ;)

Keep up!

Farm Out RNS /Operational Update tomorrow, should be huge and the start of a transformational period for both the Company & 'genuine' Shareholders.