Should be at TD or very close by now. So a bit of news short term.
T-39 TD
Ud2 flow testing after large scale frac for 6 weeks on Saturday!!
I think we need a funding RNS.
BUT this 3 well campaign is funded so we don't need any more funds until q4 where 2 more wells might be planned. The finances might well be very different by then.
A stupid question?
All these posts about meetings with the US/EU etc
Are they even aware of FRR?
I know the answer is yes but do they care or have they too become disolutioned like lth?
RE: Here come the cancelled trades23 May 2018 15:06
Unbelievable!! Someone call the police!
I'm fairly sure if I go back to hargreaves and Lansdowne and ask to cancel all my trades as I don't like the SP they'd be less than helpful
makes no sense
:'(
what's possibly bad about the news in the public domain?????????????
is it what's not in the public domain?
I think we'll get gifts for the queens birthday celebrates, little bit later than Christmas but who cares
Stranger things have happened !
If it's good/great why aren't they planning to revisit more of the old wells?
I presume it's because funds are tight and focus firmly on oil.
But gas is serious money and what
big week this week! Or next or maybe the one after!
The potential here is mental even without the gas the oil wells can be drilled for just under 3 million and pay for themselves in a year. These are old wells being worked over and there are hundreds of them! Financing should sort itself out once they start rolling over the wells one after another.
The two wells on test are producing a combined 570 barrels a day even at say $58 a barrel (That's minus the $12 cost) that's $33060 a day
That's on 2 zones of a possible 4 from 2 wells
I really cannot understand why the market cap is so low and what the feck is going on!
It must be mistrust of the board as they've done nothing wrong over the past 5 months from what I can see.
The company is performing superbly well and I'm sure zaza is delighted but the SP needs to catch up.
@yellow jersey give us a flare pic from ud2 we love a flare:)