Member Info for SenatorPrime

That wasn't for you Gadgie :)

Looks like someone's desperate to get back in, after jumpingnthe gun on the premature US-IRAN Peace deal - Not a comfortable place to be in, with major company trnasformational news due on FARM OUT and countdown on GOBI (as well as all the Renewable developments etc) - Perhaps we can talk about past issues to distract from that ;)

Enjoy the day all - Petro Matad very strongly positioned indeed!

Re: GOBI - lined up to commence cas part of paid work program, which should attract major investor interest (checkable etc)

GOBI Overview:

- HIGH IMPACT CATALYST targeting a resource 150% larger than Heron.

-NOT WILDCAT DRILLING; the October 2024 RNS already confirmed presence of migrated oil.

- UPCOMING FLOW TEST designeded to confirm commerciality.

- GOBI's SHALLOWER DEPTH historically correlates with superior permeability in the Tamsag Basin—the probability of a commercial flow rate exceeding 200–400 bopd remains exceptionally high apparently (caveat: not an oil Engineer).

Currently c.$30M USD Mkt Cap, so the market's fundamentally mis-pricing a lab-proven discovery that could drive a rerating toward the 22p–35p Net Asset Value (of Block XX only and excluding any Block 7 or Renewables component of the business).

Assessing a FORWARD Investment (as opposed to constant crying about the past with Land access delays etc) - The Oppotunity here is obvious to most, sensible & objective analysis.

Investment Fundamentals & Checkable via official sources:

- FARM OUT discussions being concluded (as per official RNS), to majorly upscale Production

- GOBI Well Testing (paid for), with Hydrocarbon presence already detected & resource estimates (if commercial) 150% bigger than Heron

- ASSET VALUE (in ground) of Heron alone, (many) multiples of current Mkt Cap

- ZERO DEBT/ 100% OWNED / Already producing enough to cover general operating expenses off just H1 & Gazelle 1, with many, many more wells anticipated off Farm Out deal linked to forward development rollout

- RENEWABLES $Billions moving into the sector with Petro Matad JV (SunSteppe) at the heart of it & its CEO the Govt Special Advisor on Renewables,

Back to the actual INVESTMENT POSITION GOING FORWARD and away from the Hamm & Master double act - YAWN!

As expected tbh - The positions of both the US & IRAN are poles apart on fundamental issues, hence i saw the current (and previous) hopes for a Peace Deal, just strategic positioning to effect an end game. Shortsighted by those trading on the hopes of a 'lasting' Peace Deal, as we've seen with some posters here & the aggressive buying on any intraday price dip.

I think that will eventually be the further destruction of key infrastructure with possibly taking out the Kharg terminal, albeit that has even wider implications on global supply / pricers, hence will see how that plays out. Iran also committed to having official jurisdiction of The Straits going forward, which the US certainly wont allow.

Globally - 'Oil Supply Shock Worsens amid Plunging Petroleum Inventories'

https://oilprice.com/Energy/Energy-General/Oil-Supply-Shock-Worsens-amid-Plunging-Petroleum-Inventories.html

Btw - as before, reporting Hamm's posts if he attempts to 'SPAM' the BB as usual - one of those caught out by trying to trade the supposed Peace Deal ;)

Re: FARM OUT - may be worth pointing out the firm Proposal already received, forming the basis of current discussions.

Re: GOBI - "The potential for oil pay being present in the well has been enhanced by the identification of migrated oil ..... A successful oil test at Gobi Bear-1 would be a significant result as the structure has substantial resource potential."

Ditto Teabag!

It's worth noting Hydrocarbon presence has ALREADY been detected, so Gobi isn't strictly 'Exploration' anymore - The Well Test is about proving commercalaisation and given the excellent rock geology.

- FARM OUT discussions being concluded (as per official RNS), to majorly upscale Production

- GOBI Well Testing (paid for), with Hydrocarbon presence already detected & resource estimates (if commercial) 150% bigger than Heron

- ASSET VALUE (in ground) of Heron alone, (many) multiples of current Mkt Cap

- ZERO DEBT/ 100% OWNED / Already producing enough to cover general operating expenses off just H1 & Gazelle 1, with many, many more wells anticipated off Farm Out deal linked to forward development rollout

- RENEWABLES $Billions moving into the sector with Petro Matad JV (SunSteppe) at the heart of it

Remarkable how the kn*bs want to discuss everything but the actual checkable Investment points!

And Cash pouring into MATD coffers from ongoing Production Revenue, in the meantime!

Also bear in mind, the Farm Out deal will. be looking at a significant Cash lump sum, beyond operational expenditure to develop the Block, to cover past capex by the company!

As Buck stated, should be a major transformational point for MATD & the catalyst to completely re-rate the SP

FARM OUT talks looking to 'conclude' - From Proposal already received from Farmee - Elevated Oil prices & lobal Supply prioritisation away from Middle veast dependency - Farmee parties known to include Chinese & Indian.

Think Petro Matad are in a VERY good position!

'Oil Prices Edge Higher as Iran Deal Doubts Resurface'

"Oil prices edged higher in early Asian trade on Thursday, rebounding from the previous session’s steep selloff, as investors reassessed the chances of a near-term U.S.-Iran peace agreement and weighed continuing disruptions to Middle East energy flows."

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Edge-Higher-as-Iran-Deal-Doubts-Resurface.html

"Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gulf and reach refiners worldwide " - EXACTLY!

Demand side will also look at alternative supply lines, with the Arab - Hormuz Straits supply route issues, highlighting future potential problems - especially as Iran now seem intent on continued control going forward & beyond conflict resolution.

In the meantime, whilst juvenile 'BB games' persist, the grown ups here can focus on the Key Investment Points:

- FARM OUT to majorly upscale production imminent

- REVENUE continuing to bolster coffers, capitalising on elevated oil prices

- GOBI, GAZELLE, HERON Well works (all paid)

- A rapidly evolving Global Strategic Supply environment, directly beneffitting Petro Matad - and with China & India part of the Farm Out negotiation process

Any peace deal comes down to this - Will Iran hand over their Nuclear material stockpile?

All indications thus far are an emphatic NO - That's why i see this as just another way of playing for time for both sides & given even more US assets have been brought into the region.

I expect Kharg Island / Infrastructure targets will be hit eventually & Trump will be playing the narrative that he was 'forced' into it, by Iran's intransigence on key, 'Red Line' issues.

Busy this morning Climbing Wooster! Lol

You may be better finding an alternative investment, as opposed to looking for your re-entry - just a suggestion, since you're so 'scared' ;)

Glad people are admitting we have a healthy cash base from the continued incoming Revenue - I wouldn't want to be trying to juggle here, when a 'transformational' Farm Out is due any day - Just to help more objective analysis, let's look at what we have currently and beyond the clumsy deramping attempts:

- FARM OUT discussions being concluded (as per official RNS), to majorly upscale Production

- GOBI Well Testing (paid for), with Hydrocarbon presence already detected & resource estimates (if commercial) 150% bigger than Heron

- ASSET VALUE (in ground) of Heron alone, (many) multiples of current Mkt Cap

- ZERO DEBT/ 100% OWNED / Already producing enough to cover general operating expenses off just H1 & Gazelle 1, with many, many more wells anticipated off Farm Out deal linked to forward development rollout

- RENEWABLES $Billions moving into the sector with Petro Matad JV (SunSteppe) at the heart of it & its CEO the Govt Special Advisor on Renewables, so perfectly positioned ex she negotiated the EU $2Billion investment & the ACWA $10 Billion, with the first Hybrid Project build ready this Q2/Q3OVERVIEW

LOL - yesterdays drops across oil stocks, including the big Main Market listed ones, unsurprising given the rhetoric around the US -Iran negotiations and corresponding oil price move. Neither is the obvious, 'trading agenda posting', which i think is a hugely risky proposition, given the nature of the news due pretty much any day - as the CEO Buck mentioned, the major catalyst for a very significant SP re-rate.

To the Headlines:

- Oil price currently circa $98bbl but still very significantly above pre-conflict levels & the $70bbl that returns Petro Matad its $40Net Payback. Even with resolution, prices are expected to stay significantly elevated above pre-conflict levels, due to infrastructure damage, emergency reserves needing rebuilding etc

- Herre's the reason why i believe the current talk of a deal is basically an attempt to extend the Economic damage the Iranian Regime will sustain, the 30 day 'resolution period' quite convenient. It's to do with the 'RED LINES' Trump has continually stated, which the Regime have consistently denied.

`The potential deal: The one-page memo would declare an end to the war and trigger a 30-day period for resolving sticking points including nuclear issues, unfreezing of Iranian assets and security in the Strait of Hormuz, one source told CNN. Trump told PBS News any potential deal would include Tehran SHIPPING IT'S HIGHLY ENRICHED URANIUM TO THE US and pledging not to operate its underground facilities.

' Iran war live: Trump threatens ‘much higher level’ attacks if no deal'

https://www.aljazeera.com/news/liveblog/2026/5/6/iran-war-live-trump-says-hormuz-operation-paused-amid-us-tehran-talks

As i said, I'll believe it when i see it but NO indication on nuclear issue resolution etc. Careful with trading this when huge news due here any day now.

Have a good evening all

BP.down almost 4%, which is huge for a one day move on it - all do the talk around a peace deal between US & Iran. Lets see but looks like both nparties are still worlds apart on some very fundamental issues and as we saw last time.

Fundamentals on MATD as strong as ever, as we approach a transformational point for a significant re-rate and continued price appreciation off major forward production - revenue upscaling.