Search found 197 matches

by Proselenes
October 19th, 2019, 12:41 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019
Replies: 101
Views: 6889

Re: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019

This was the scoping economics for Blocks IV, V and XX done some time ago (oil was 90US$ then). As can be seen, the company expects flow rates of between 100bopd to 200bopd per production well on any of the blocks. Link below, click on it to open the pic. https://i.ibb.co/VxSf5bx/Annotation-2019-10-...
by Proselenes
October 19th, 2019, 12:14 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019
Replies: 101
Views: 6889

Re: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019

Gazelle is not over yet......they have the money to do a sidetrack or drill in another location at Gazelle. Thats because Block V drill has been put on the back burner. The question now for me is : Is Gazelle-1 on the edge of the pinch out and so its a material discovery which may be commercial (whi...
by Proselenes
October 17th, 2019, 4:15 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: 88 Energy - Ultra High Impact Drilling Q1 2020
Replies: 7
Views: 366

Re: 88 Energy - Ultra High Impact Drilling Q1 2020

Good to listen again to this September 2019 interview with the MD :


https://audioboom.com/posts/7373130-dav ... -questions


.
by Proselenes
October 17th, 2019, 4:06 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: 88 Energy - Ultra High Impact Drilling Q1 2020
Replies: 7
Views: 366

Re: 88 Energy - Ultra High Impact Drilling Q1 2020

https://www.alaskajournal.com/2019-09-18/guest-commentary-many-reasons-optimism-about-future-north-slope-oil ...........London-based newcomer Premier Oil, in partnership with Australian independent 88 Energy and Texas independent Burgundy Xploration, plans to drill this winter to further evaluate a ...
by Proselenes
October 17th, 2019, 3:49 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: 88 Energy - Ultra High Impact Drilling Q1 2020
Replies: 7
Views: 366

Re: 88 Energy - Ultra High Impact Drilling Q1 2020

Going to be a lot of churn as the recent placing shares at 0.7p are sold at 5% to 15% profits.....but once that overhang is clear the upside is staggering. 480 MMBO net potential to 88E from Charlie-1. 480 MMBO x 4$ in the ground sale value is 1.92 Billion dollars. 1.92 Billion dollars divided by 6....
by Proselenes
October 11th, 2019, 12:06 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019
Replies: 101
Views: 6889

Re: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019

20% rise...wonder if there is a leak. If there is any leak it will not be Gazelle. Gazelle will undergo the same process as Heron........there will be news on oil shows or not and that the well has to be tested........ with the same testing rig currently at Heron. Therefore, as with Heron, any decla...
by Proselenes
October 10th, 2019, 1:55 pm
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019
Replies: 101
Views: 6889

Re: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019

Just a reminder what is at stake here with Heron-1. Size estimate on Pmean pre drill is 25 MMBO. Worth 18p a share, and would be 9p a share post any 50% farm out to PetroChina where PetroChina then pay for the development wells. MATD have 3 pumps in stock, so if the well flows they can simply put a ...
by Proselenes
October 8th, 2019, 9:17 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Jersey Oil and Gas - North Sea Oil
Replies: 42
Views: 3526

Re: Jersey Oil and Gas - North Sea Oil

Following the CPR and todays other news Arden increase target price to 600p

Flash note in the link below:

https://ufile.io/5cl8blvj

.
by Proselenes
September 26th, 2019, 10:28 pm
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Jersey Oil and Gas - North Sea Oil
Replies: 42
Views: 3526

Re: Jersey Oil and Gas - North Sea Oil

Arden update on JOG after the interims.

https://ufile.io/eknqqzlh

.
by Proselenes
September 26th, 2019, 10:21 am
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Jersey Oil and Gas - North Sea Oil
Replies: 42
Views: 3526

Re: Jersey Oil and Gas - North Sea Oil

https://www.malcysblog.com/2019/09/jog-reabold-gulfsands/ Jersey Oil & Gas JOG interims this morning which show no surprises but the CEO makes a number of key points ahead of the upcoming Capital Markets Day. Cash is at £15.5m at period end and whilst there a number of modest calls on the balanc...
by Proselenes
September 19th, 2019, 12:50 pm
Forum: Oil & Gas & Energy (Sector & Companies)
Topic: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019
Replies: 101
Views: 6889

Re: Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019

Yes, understand that.

I take the view that if its good news then it does not matter if they know before us..........hopefully Heron-1 is going to flow and beat expectations of 200bopd after fracture stimulation.

Go to advanced search