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Ann: Drilling of Zapato-1 exploration well commenced, page-56

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Dogpigtiger

1,937 Posts.

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23/05/22

21:24

Post #: 61576022
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Originally posted by The Mechanic: ↑

Hopefully this will be another massive oil find with light crude oil with a bit of luck, this time they will be prepared for the massive pressures. If this is another oil discovery nothing will hold MAY back.
Should have the Independent Resources Assessments for Alameda and Marti from the Alameda-1 discoveries well before we reach total depth, should be any day now. Its been about a month since it was announced in their last quarterly that "an update of the predrill resource assessment for the Alameda and Marti intervals will be released from the independent reserves certifier once it becomes available". Last time it took about 6 weeks to calculate from when the logging results and net hydrocarbon pay were released. The Alameda and Marti net hydrocarbon pay results were released on the 7/4/22, that is now also about 6 weeks.

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If we get billions of barrels in both Marti and alameda, production plans that include production in late 2022, and
flow test zapato with some luck, producing from it in September, all this to be announced in June and or July, one word , massive

MAY Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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