Member Info for SenatorPrime

Btw, the Trading Update due next Wed may shed more light on the nature of the fund raise etc

Alex1978, good insight on another factor feeding into what's happening. Re: the US/ISRAEL/IRAN ceasefire, it doesn't look promising atm.

Operational Update RNS immanent therefore & covering the start of activities, observed via Satellite imagery, for GOBI, Heron etc.

Farm Outs on Block XX AND Block 7?

Totally plausable and i expect, greater urgency with China looking to secure additional, strategically advantageous supply lines and already knowingnthe potential farm In partner will likely be an operator already active in the region, on the China side - Parties will be looking at a potential Multi-billion bbl asset (to be confirmed via seismics etc) but consistent with other geological indicators etc.)

My own view is that it's GOBI that's being factored into the BLOCK XX Farm out agreement - It's potentially 150% the size of Heron & with already CONFIRMED HYDROCARBONS, needing further evaluation via the immanent Well Testing, to prove commerciality.

Buck mentioned (I believe it was in connection with a potential Buy Out offer for Heron), that any such buyout would need to be for the full Block XX, due to the way the PSC is structured. I would imagine the Farm Out may be similar and for thw whole of Block XX inc Gobi.

Bear in mind Petro Matad ALREADY have a Farm Out Proposal on the table & the current 'closing in of the deal ', is about securing the very best deal for the Company & it's Shareholders. The current geo-political supply situation / elevated oil prices only strengthens that position.

Looks like a few more new posters (and resident 'flip-floppers') lining up their own entries - good sign ;)

Also, appreciate the Email feedback provided by Investor33 & Proquo in their 19:11 & 19:42 posts respectively and consistent with the Farm Out process moving to completion, as indicated in the Feb RNS.

- FARM OUT firm proposal already received, discussions 'NEARING COMPLETION' (Feb RNS), strong backdrop with current strategic supply uncertainties, elevated prices & multiple parties involved.

- BLOCK XX ACTIVITY Springthaw already set in, Weather conditions indicate start of Drilling Season, Satellite Imagery confirm activity at Heron & GOBI, the latter Gobi, has confirmed hydrocarbon presence already & Well test lookiong at commercial confirmation, with better porosioty / geology than Heron 1.

- REVENUES increased over recent period, due to significantly elevated oil prices & near term activity at GOBI already paid for.

Objective assessment would suggest a very good position for current shareholders & insight into why certain others are looking to effect positions in with ongoing BB 'spamming' activity.

Hope that provides some degree of objectivity for genuine investors & underpinned a risk/reward profile anchored with a Zero Debt, 100% owned asset of circa $150M-$300M 'in ground' asset value (no other company arm/asset included) against the current circa $28M mkt cap.

Think the Header pretty much (objectively) sums up where we're at & beyond the agenda driven spamming by any 'flip-flopper' etc. We can look at those 2 key points and why current shareholders can reasonably expect some very positive updates coming through.

Btw, Abzzba, hoping for. aquick recovery for you.

TBT - Thanks for that insight re: first hand experience of being in Iran

And Trump / Rubio know that Abzzba. Something else is afoot.

"Trump said the US has received a 10-point proposal from Iran, which he called a “workable basis on which to negotiate”.

“Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two-week period will allow the Agreement to be finalised and consummated,” he said on his social media platform Truth Social."

I find that assessment of 'almost all points of past contention agreed' as remarkable, given the respective Plans put forward.

Doesn't sound right!

The fundamental premis is sound fogthemogg, so will still stick to that price trajectory.

We had the boost today, off the US-Iran ceasefire i expect and a belief in a renewal of a Russia-Ukraine peace initiative. However, looking at the respective US 15 Point Plan & Regime 10 Point Plan, I can't see any basis for an agreement, hece see the ceasefire as a strategic pause to free up the global oil bottleneck created by the Hormuz blockade. Also a certain amount of restocking and stratergic deployment of a new frigate/carrier - I posted as much on the MATD forum.

Feerexpo look like they have a Trading Statement out next Wednesday 15th April, which should likely elaborate on the funding initiative etc. Today could very well have been a Dead Cat Bounce.

TBT re: post 16:26 - you may very well be right and i do expect a resumption of hostilities tbh

Another possibility is that the new Govt, composed of Regime members but more liberal in their approach, actaully working with the US to effect a forward strategy, bringing together the more radical & liberal aspects of the populace. That would explain the 10 Point Plan being fed to the populace as a 'Win' but the actual agreement, being vastly different and already broadly constructed with the US.

Just speculation but the current form US 15 Point Plan & Regime 10 Point Plan are fundamentally at odds, so not sure how Trump can suggest there's compatability in the respective demands.

Time will tell but oil prices still expected to be elevated for some time going forward & moving into a very exciting time for Petro matad and its Shareholders.

Can't see those terms being accepted tbh, hence my view that the current ceasefire provides an opportunity for an easing of the Straits bottleneck / defensive re-armaament for regional allies. Let's see

what demands are in iran’s 10-point plan? (from the guardian)

"according to state media, iran will only accept the war’s conclusion once details are finalised in line with a 10-point peace plan reportedly submitted to the white house via ****stani intermediaries.

the iranian foreign minister, abbas araghchi, said safe passage through the strait would be allowed under iranian military management."

the list of 10 points, published by iranianstate media, include a number of conditions the us has rejected in the past. the plan requires:

the lifting of all primary and secondary sanctions on iran.

continued iranian control over the strait of hormuz.

us military withdrawal from the middle east.

an end to attacks on iran and its allies.

the release of frozen iranian assets.

a un security council resolution making any deal binding.

in the version released in farsi, iran also included the phrase “acceptance of enrichment” for its nuclear program. but for reasons that remain unclear, that phrase was missing in english versions shared by iranian diplomats to journalists.

the iranian foreign minister, abbas araghchi, said safe passage through the strait would be allowed under iranian military management."

https://www.theguardian.com/world/2026/apr/08/iran-10-point-plan-ceasefire-donald-trump-us

"Rollover involves closing a soon-to-expire position and opening a new position with a later expiration date".

It's called a rollover - an (almost) simultaneous Buy & Sell for the same person, effected by the broker.

Hamm- "P.s. Doc, you are wrong. I am not trading never been."

Remarkable but expected bare faced lie from a blatant reprobate. Atb

"I hope I’m wrong but I don’t think the war is over."

Agreed and my thoughts are viewingn the respective US 15 Point & Iran Regime 10 Point Plans - poles apart and even the current ceasefire hands over a lot of control to the IRGC, as highlighted in Investor's post.

I viewed this as a strategic pause, for several logistical reasons: Free up the Straits bottleneck for a while and take off the immediate strain on global markets, possible resupply of armaments & defensive systems around Israel and local allies etc. I expect we may yet see Trump's infrastructure demolition yet.

"That’s where countries like Mongolia come into play. A stable environment, growing infrastructure, and increasing strategic relevance make projects there significantly more attractive in times like these."

That and also the accelerated shift towards Renewables, due to said Geo-political supply uncertainties, plays very conveniently into Petro Matad's interests. It's not only about the 5,000-9,000bopd from Heron but the poptential 7,500-13,500bopd from a commercial Well Test at GOBI (next few weeks) & the potentyial BILLIONS bbls thought to be in Block 7 and for which a seperate Farm Out process (early stage) is active.

Zero Debt / 100% owned & a huge disconnect to the proven 'in ground', in a fast evolving supply landscape.

Header sums it up & consistent with Satellite imagery & Weather conditions

Re: Hamm the Spamm aka' Mr. Flip Flop' - Well know BB Spamming btactics and universally abhorred by both bulls & bears. Joke poster.