RE: copl30 Jan 2023 20:06
Great posts illusion/HH,
Things are now coming together, and production seems to be rising.
Stas, I also recall that video, where at the end he spoke of a "London Investor", who had asked if a JV was included in our future strategy....
His 'AGM' reply was quite firm, that going it alone was his preferred option. Once the field starts to ramp up and more wells brought online we can self fund the expansion and retain 85% profits. (I agreed with that strategy)
We have 6/7 recompletions underway. 1st one seems like good news, 2nd one should be nearly finished and moving onto 3rd, and then 1 per week.
All unhedged production till mid year 2023. Lots of extra cash into the business just when we need it most...
Can the sly old fox get those two approved Fed Deep horizontals spudded as per the dates on the application.
Nice to see some positivity back here..
GLA