Member Info for WiseOwlSpeak

*Definition of what 3 Phase Seperator is was not in interview - that is online quote.

So - It looks like we have

- SANDSCREEN

OR

- 3 PHASE SEPERATOR

OR

- SANDSCREEN & 3 PHASE SEPERATOR

Now maybe stop Nonsense FUD by ones not invested!

I am not Oil Engineer but we get impression from Company Heron 1 is 'inexpensive fix'.

If we listen to latest (Mid-March) AGM summary from Engineering Manager - this is what he actually say.

To prevent Sand production downhill Well rates were restricted to under 250 bbls a day (5:15 min) -

*Avg production at year end 228bbls a day - avg Water cut 4% and decreasing all the time (6:30 min).

"At Heron 1 additional additional production data is supplemented with eco meter downhoke fluid readings will be used to determine what intervention strategies such as the INSTALLATION OF SAND SCREENS and/or Installation of a THREE PHASE SEPERATOR are technically and commercially merited. (10:25 min).

* "A 3 phase Seperator is a crucial piece of equipment used in the Oil and Gas industry to seperate gas, oil and water from production fluids" - Cost of 3 Phase O&G field production Seperator $20k-30k (some cheaper) on Alibaba (I did see one for $100k also).

So - look like only difference from original SAND SCREEN operation is (MAYBE) installation of 3 PHASE SEPERATOR which is quite 'inexpensive' also.

All sound very promising to me!

StockMaiden & co definitely sounding Desperate! - Countdown to MAY RNS! ⬆️

Mr Climbingrooster - NONE of points I make are under debate sir.

They are FACT supported by Company own words and with NO nearctermnrevenue to cover Multiple Project Costs.

How long will £300k last over multiple projects + Salaries? Will next Placing be at premium or Discount do you think?

Anyone buying ATM is complete gambler when EVERYTHING point to downward price spiral!!

*If you want to talk about Karma maybe you should look at your own sillly posting on MATD (before you did BUY in).

Will leave it there & let you discover for self with next Discounted Placing - which will be Inevitable!

Sound like some people DESPERATE to get ENTRIES before UPCOMING RNS UPDATE!!

Zzzzzzzz!

RNS will be some time IN MAY - What day we do not know.

Happy to wait!

Unless Mr Spam Maiden would like me to post of course & with £300k fast running out! ;)

RNS timeframe is ANY time in MAY - Tuesday ref is 'Earliest!

RNS Tuesday then as earliest for Monday market close!

I will leave posting there - Very simple & do not have to say / post anything else.

Lifestyle Company for Management benefit only!

PLACING is inevitable - This is Official company financing strategy in 'black & white' (if people read Company Reports).

Question ALL holders should ASK -

Do they think Placing will be at;

- Premium to today's price?

- Same as today's price?

-Discount to today's price?

I think Answer is Obvious - as pattern is fit Repeat Placing - Discounted ➡️ SP spiral Down!

This is not very difficult to understand & maybe guide people action with there Investment!

* I think above is FAIR & ACCURATE!

GL

BLUE mr Thornagasson - yiu are correct!

Whatever price do intra-day, over few day etc - We see good Consolidation phase before what look like building to next major push.

Lot of smaller trader 'shake out' happen which is good for next push & leading into Major Operetional update with 6 Month Revenue Cash injection also coming in.

Good to have Alreay build up my holding - Now COUNTDOWN to RNS!

But pointless discussing with SPAM Maiden really - he have no real interest to be sensible.

See post 10:51!

Carry on now Mr SPAM! ;)

Potential for 'SPECIAL DIVIDEND' for Renewable project 'flip' mention by CEO Mr Mike Buck himself - Maybe think about main shareholder Petrovis ROI and Mr Buck own holding ;)

They have 6 Months PRODUCTION CASH INJECTION coming in this Month!

Access to c $1.5M Petrovis Soft Loan

Low-Opex environment with only real priority 'Inexpensive fix' to boost H1 Productiin rate to bring in even more monthly revenue.

In Meantime - RNS Operational Update this Month

Partnership Deal discussion with 3 Parties

Exciting Renewable Development update (as part of RNS).

Of course - people can listen to Spam Maiden Instead! ;)

RNS on its WAY!

As someone mention earlier -

"WE'VE GOT OIL, an INCOMR STREAM, NO DEBT and a PLAN!"

*Will also add the Govt behind us, Major Players like RIO TINTO, CHINA STATE, ARAB INVESTMENT FUNDS involved etc!

Buy or not - think this is very different from most AIM rubbish so happy to put my cash into Investment!

Should be good Production CASH INJECTION incoming this month Mr Abzzba!!

*Surprise me when people do not read RNSs for themselfs.

Look like 6 Month Production will be at Avg Daqing price during those Months of Production.

Let us see!

"Petro Matad's invoices for the production of Herinn1 for the period 24th Oct 2024 to 31st March have been submitted and under the agreement, will be processed for PAYMENT during the month of MAY"

"Payment will be made during the last week of the month" for regular Oil Production"

*Payment based on the AVG price of Daqing Crude Oil for the MONTH OF PRODUCTION

It help to read OFFICIAL RNS ( 28th April 2025) but you welcome to believe anonymous (non-holder) poster (lol).

Back to INVESTMENT discussion!

Company (ie real Engineers / Geologists with all data) sound very confident of H1 PRODUCTION INCREASE thru 'inexoensive simple' fix!

Look forward to Update RNS!