Petro Matad Share Discussion Threads

[cashandcard] 05/9/2019 23:34

Pro,Your 'RKH flash crash' is going to strike ECO tomorrow morning. Cash

[avsome1968] 05/9/2019 23:19

Steady as she goes be interesting day tomorrow do we have a sniff oil not long to wait guys.

[pro_s2009] 05/9/2019 16:48

Uncrossing Trade (UT) was 8.55p so MATD opens in the morning at 8.55p.

Looks like a red start then, MM's might shake it in an attempt to get some stock, I predict a solid strong finish and blue - as news on Heron-1 could be anytime from Monday morning onwards now.

[mpls] 05/9/2019 16:43

The market makers like to be in control.
Yesterday in the last half hour they were not in control.
At one point the bid==offer as buys came in.
Today to prevent a repeat they closed reduced (closed off?) electronic trading.
Still the buys came in but more controlled, people resorted to using the phone.

Will be interesting start tomorrow.

Lesson - if you want in before the weekend do not leav it till late on Friday afternoon.

News next week - could be Monday.

[pro_s2009] 05/9/2019 16:27

Looks ready to finish on a move up again.

[under the radar] 05/9/2019 15:06

Pressure building nicely again. Only a matter of time before they let this go again (before close)

85 mins and counting ...

[tomford8] 05/9/2019 13:07

Petro Matad 2 wells currently drilling

Heron-1

The Heron 1 exploration well in the Tamsag Basin of Block XX spudded with the DQE International 40105 rig on 19 July 2019. Drilling operations continue towards a planned total depth (TD) of 3,050 metres.
 
The well is an appraisal of the T19-46 oil field immediately to the north in Block XIX and is targeting a prospect with 25 MMbo of Mean Prospective Recoverable Resource.
The Company expects to be in a position to announce the results of the drilling and logging of the well during the week commencing 9 September 2019.

Red Deer-1
 
Red Deer-1 exploration well targeting a prospect with 48 MMbo of Mean Prospective Recoverable Resource

In the Asgat Sag Basin of Block XX in eastern Mongolia. The well is being drilled with the Daton Petroleum Engineering and Oilfield Service LLC rig, DXZ1
                             
Spudded on 4 August

Drilled to a total depth (TD) of 2,100 metres. The well is expected to take up to 35 days to complete

Therefore Total Depth reached on Sunday 8th September

Results from the drilling and logging of the well are expected to be completed by mid-September 2019.

In the event of a discovery at Red Deer-1 the Company will bring in a separate rig for testing. A call-off testing contract has been signed which ensures testing operations, if warranted, can commence soon after discovery.

[catchingmice] 05/9/2019 13:05

Who's ramped MATD Have you got the right person ?Best wishes The MICE

[jamie414] 05/9/2019 13:01

Can't be that good if you need to ramp on here ;)

[catchingmice] 05/9/2019 12:59

Made my money in 48hrs no problem for me whatsoever i have good days and some down days but I'm very good at what i do.Just be careful DYOR

[under the radar] 05/9/2019 12:46

They won’t collect any more shares by doing a tree shake again down at this level.

They better try and tempt us by raising the bid and ask considerably!

8.5p - 8.7p at mo

[jamie414] 05/9/2019 11:24

Catching flees resorting to ramping another share to gain back on the short he has been toasted on here tee hee hee What a shame!

[under the radar] 05/9/2019 09:53

Pressure is building ...

Going to pop soon

[pro_s2009] 05/9/2019 08:39

Looks like some day trader shorters are trying it on. If they cannot generate a fall expect them to rush to buy back later.

[2solaris] 05/9/2019 08:14

Are most of those sells actually buys once again?

[under the radar] 05/9/2019 07:43

Clear blue sky ahead as all the traders buy back in on the fear of losing out.

Ultra bullish 😀

[pro_s2009] 05/9/2019 07:12

Interesting morning ahead. Will open blue for sure.

Will there be more strong buying this morning which would be a continuation of what was seen late yesterday ?

Will there be strong buying late in the day to get in before the weekend ?

[catchingmice] 04/9/2019 22:54

Many sells today showing as buys so don't be fooled be careful out there pleaseThe MICE

[catchingmice] 04/9/2019 22:49

Take the money and BUY ECO ATLANTIC the best Oiler aroundECO ATLANTIC BUY BUY BUYRemember where you heard it 1stFrom the MICE but don't take my advicePlease DYOR

[westmoreland lad] 04/9/2019 22:35

Yes indeed Pro_s -- a classical example is PVR. Seven quid down to c 5.5p at
todays close. Heart felt feelings go out to all those who stayed loyal !

[pro_s2009] 04/9/2019 20:48

You can go from hero to zero in one well, and from zero to hero in one well.

All AIM companies are only as good as your last well result.......the higher you are, the lower you fall, the lower you are the higher you can rise......

I hope both MATD and ECO have success, but one thing is for sure, if they do, then MATD will rise the most as it starts from a very low point.

[westmoreland lad] 04/9/2019 20:16

Cash -- Be a great big pile of cream for me if all three came in -- new yacht in BVI first on the list !

[cashandcard] 04/9/2019 20:00

Pro,Let MATD discover something first. ECO is the cream of the crop on AIM for a reason.Cash