Post by
frankman on Nov 21, 2022 7:14pm
Guess what? Rig is now being moved 3rd well location.
Back on the grid for a minute, some new info from Art. When AT-3 well was completed and handed over to production, rig was being moved to third well location. Since rig is being danced around the platform, I would expect news real soon and Art will update us on times to completion of the 3rd well. We should have at least three wells producing by Christmas. Also fyi the rig is being resupplyed constantly by two ships going back and forth to the onshore storage facilities. The accelerated cheap warrants expired today at 5pm and will now be cancelled so expect less selling pressure going forward with the high liquidity (volume). Notice these shares being absorbed easily? I still think we can get to the fourth well by Christmas. We are currently at 10mm cf/day of nat gas production, the hottest market (pun intended). I still think we could hit 15 mm cf/d by year end. Add that to our Cendere oil production revenue which would put us at about $5 mill per month revenue.
Comment by
Chefboy69 on Nov 21, 2022 7:19pm
oh wow news from the rigs??? wow aren't we special... Material news being posted on a stock board... ohh boy the regulators would love this....LMAO
Comment by
WhiteAmur on Nov 21, 2022 8:31pm
GDD TCF Thanks for the great information. Hope to see more information in the future, and see that 4 well being started before the 12/31/22. Hold Fast