The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
You are right Acker, as soon as they pushed the 2030 deadline back to 2035 the oil barrons where rubbing there hands together.
Unfortunately the oil shares will fly again before the EV's lining the already mega rich pockets.
GLA Wontongue
You are right Acker, as soon as they pushed the 2030 deadline back to 2035 the oil barrons where rubbing there hands together.
Unfortunately the oil shares will fly again before the EV's lining the already mega rich pockets.
GLA Wontongue
The Company expects to provide a further update on the reservoir clean-up operation in the SCHB-2(2.) well after establishing a stabilised and sustained flowrate from the rod pump.
Be patient, these things take time
GLA Wontongue
once a whiff of news starts spreading that's when the fun starts, that is also when ****e white changes to his alter ego cheering all on from the sidelines like the little girl he is.
fancy logging in here everyday spouting crap to all invested to make ten pence a post.... laughable duster
gla wontongue (not long now)
While the delay to fully understanding the production potential of this well is frustrating, the sub-surface results far exceed our pre-acquisition and pre-drilling expectation and we therefore remain pleased with the overall results of the SCHB2(2.) well and look forward to providing an update in due course."
Nothing changes, Hold and wait.
This is Germany not Africa.....
The Germans know they need homegrown reserves instead of importing, this will only gather pace from here once the big boys want to invest with us.
Remember fully funded, production next week, significant upside in reserve and revenue going forward, flow rates arriving any minute, 2 more wells with identified reserves coming soon......
I could go on and on and have not found any negatives to date.
Future is bright the future is oily black.
GLA Wontongue
For those who cant see link.
Successful drilling
We are happy to announce that we have been successfully and safely drilling our well in Schwarzbach (South-Hesse) down to 2,255 meters MD and 1,713 meters vertical depth. The first measurements and tests have been executed and we proudly can announce that we have encountered good quality oil bearing reservoirs.
Further tests will be executed within the next days and completion of the well is planned to be finalized during the next two weeks. Accordingly production of crude oil is expected to start second week of September.
Thanks a lot to the whole Rhein Petroleum Team which has contributed to this success with great committment.
Blubay.
I think they are refering to the linkdin post here.
https://www.linkedin.com/in/peter-appel-3038803/recent-activity/all/