Member Info for Sundayroast

On a side note I've just counted up all the major share holdings.
It comes to a whopping 53%
When this does start to move it could more very fast.
With so much potential with future projects people wont be wanting to sell

Love a de-ramper
What else ya got Goewiz !? Bring it on ha ha

Lets fight him with facts :)
So n the RNS 7th April the company states:
WR-38Z had commenced production but excluding WR-16aZ (as the well is currently suspended), was 573 boepd. This rate of production generates sufficient revenue, at current oil and gas prices, to cover over 95% of operating and administration costs and therefore preserve almost all of the Company's existing cash for new wells and facilities.
You can see that the company overheads are very low.

WR-16aZ should be back on line soon, this will make the company profitable again.

At this point we had $6.8 mil in the bank which will more than cover the 2 new wells this year both 600bopd

By year end we could be over 2000bopd

Another 4 wells to be drilled next year

Dnd I haven't traded for a while but a few I've bought over the years and not held. I would be rolling in it! SQZ 10p TXP 14p and ARB 4.5p
I really belive BLOE could be the next one. I'm definitely going for the long hold on this.
Debt free, cash in the back, already producing, low MC, aggressive but cheap drilling campaign. Whats not to like. I think we will see double digits easy if these next 2 drills are successful. If they drill all 4 next year and good news there. I can see a 10 bag here

I'm hoping for more than 4p :)

This and SENX are 2 oil shares that are way undervalued with the current price of oil.
Both due a re-rate.

I can see 6p over the next couple of months with some decent news flow.

Ticking up again, this is definitely re-rating. No sudden spikes

Seems like the volume has dropped a little. News soon though which should start the journey

Does anyone know what the COS on these wells are?

I think we will see steady rises here over the coming weeks/months.
Today was just the start.
RNS maybe logged for tomorrow causing sudden spike.
Spud news is imminent

iky, have a read through the company presentation.
Hoping to be close to 2000bodp once the 2 new wells are spud (pg6)
Due to spud another 4 wells next year (pg14)
https://www.blockenergy.co.uk/wp-content/uploads/2020/12/block_energy_corporate_presentation_apr_21.pdf

Thar she Bloe's! Been waiting to say that for weeks! ha

It was about time we saw some increase. People taking positions before spud.

Sounds positive!
Just a waiting game with this one.

Some decent volume. Such a low MC with so many project I can really see this one bagging.
Under the radar currently.

I think they will be looking for partners.
We already know they have an existing partnership with big pharma.
They might be looking to expand on this.

62! Wow. I thought my portfolio was big with around 15 ha ha

Very bullish interview. Nows the time to load up. See very very good things here. Tempted to move some money around and invest more here

Slowly ticking up :)