Member Info for willec

Finally, Perservance will be paid off and clean slate to focus on proper drilling in Trinidad focusing on production wells which we should have done earlier this year. In 2 or 3 years it will soon a proper value for CEG showing how Trinidad is where the company will be made. Forget wildcat drills like Perserevance.

Trinidad production leading to good growth in the next 5 years +.

Already on the cusp of becoming profitable in Trinidad and to be profitable early next year. Onwards and upwards.

Why is everyone so negative and have been for years on here.

Clear the debt by end of 2021
Production in Trinidad
Drilling more in production know fields next year

Promising future ahead

This year has seen us fall on the back of P1 legacy debts that will be paid of in the next few months.

Zag

Month to date -40%
6.months -80%
1 year -98%

This numbers are all down to 'bl@@dy' P1 that is know dead. Focus on the production in Trinidad - this will see the positive growth in the company.

By next year Trinidad will be generating cash flow incomew and drilling more production wells, so getting tid pf P1 is the best thing and a good way forward to a highly successful profitable business in the ne3xt five years once debt free at the end of the year.

Serious, Linton78 FO you are obviuslyu not invested. Why do the trolls hang around. The company has moved on from the days of Bahamas and the President of the Bahamas is more keen on the future of the country due to rising sea levels.

Production in Trinidad is the way forward - Eytan and CEG have moved on even if you trolls haven't Bahamas is no long the main play. The main play is Trinidad.

Good news he has moved on from the Bahamas and going to focus on producing fields which is what we needed and if the creditors know we are producing at a profit I am sure things will work out.

Forget the Bahamas, problems there with rising sea level etc, focus on Trinidad thiis is where the business lies now.

This is a good statement:

'2022 can be a year of focussing on production growth and free cashflow'

https://www.proactiveinvestors.com/companies/news/907872/challenger-energy-seeks-debt-free-financial-footing-907872.html

READ THE TITLE

'drilling production wells in known production fields ...........to become profitable.' He has a plan and we are producing oil everyday to sell

https://www.youtube.com/watch?v=NY_6F9SjEdc

Patience troll, he said debt free by end of year

I mainly do not post on this board anymore because you lot talk a load of CR@P and just troll anbd it is just wrong and pathetic. Why not just focus on shares you hold instead of all the trash you post hear. I read the last few months of utter CR@P and it still continues can't believe sad idiots hate companies so much.

Eytan knows more than all of you lots of type this trash.

Trinidad have not been producing for 10 years and we are 'on the cruspt' on being self sufficient in Trinidad - which woud be excellent news

What a joke, higher oil prices = more profit you fool

This time next year all will have turned around, debt free, producing oil fields in Trinidad as currently. Good terms and rising oil price.

The problem with all of you trolls you only think about the next few weeks. Think a few years instead. We are selling oil and the oil price is increasing which will benefit us as when as well comes to negotations with creditors.

Why would they sell a producing field. Too sell Persevance would be a better bet as this is a lot of luck up there.

What I liked about what he said was focusing on Trinidad and production which was why I invested in the first place when Columbus Energy plc. It was always going to be a 5 - 10yrs project and not even 5 years yet before this became interesting. I do wish Tony Hawkins was still involved.

Focusing now on drilling production wells to become profitable, inside of airy fairy Preservance

also oil continues to trade above $80pb and set to increase which can only benefit us.

Eytan stated debt to be cleared by end of 2021. By which time Trinidad should be near self sufficient profitbility and he is to focus on production rather than air brain schemes like Perservance.

Remember we are selling oil daily - would be nice to see the a/cs this next year as should be a lot better than now.

He has only been CEO 6 months, cut overheads increase production see what the next 12 months hold.

AND FOR THOSE SAYING LIQULDATION some advice instead of trolling sell up and move on.