Andalas Energy And Power Share Discussion Threads

[90005nelson] 17/8/2019 11:30

AOGL will come on board after work over agreement and option taken.

[domple] 16/8/2019 16:39

Excellent Tiger, let's go blow up something!

[therealtonythetiger] 16/8/2019 16:31

Domps we now have enough money to buy some dynamite.. :-)

[domple] 16/8/2019 14:56

so that'll be a buy recommendation then.....

[therealtonythetiger] 16/8/2019 09:34

RNS..

Andalas Energy & Pwr
Operations Update
RNS Number : 3152J
Andalas Energy And Power PLC
16 August 2019

16 August 2019

Andalas Energy and Power Plc

('Andalas' or the 'Company')

Operations Update

Andalas Energy and Power Plc, the AIM traded upstream oil and gas company (AIM: ADL), is pleased to announce an operations update on the Betun Selo KSO.

· BTN14: the well is now producing 30 bopd (up from 4.5 bopd immediately after completion of the workover on 7 August 2019). The well is performing ahead of expectations.
· BTN01: The workover encountered a 11-metre column of scale which necessitated a mechanical clean out of the well and acidization of the wellbore and perforations similar to the work carried out on BTN14. The rig is currently re-instating the well with the larger pump and will restart production from this well in the coming days.
· BTN03: On full re-instatment of the BTN01 pump the rig will move to BTN03 location where it will be upgraded in preparation for the workover which is expected to commence by the fourth week of August subject to securing the necessary explosive permits from the Government and Pertamina.

[therealtonythetiger] 12/8/2019 16:55

Tun
Ive seen it soooo many times over the years, he is so desperate to be proven right..
When they post mindless questions to score points then end the post with a LOL or ROFL you know they are losing the plot.. When ARCM drops to low 3s watch him flap even more it will be a delight to watch..

[tunley] 12/8/2019 16:17

Tony

It couldn't happen to a happier more optimistic bloke could it!
Cheers
37H

[tunley] 11/8/2019 08:57

Oh dear SK2 - drinking that early?
GLUG GLUG GLUG

[therealtonythetiger] 09/8/2019 10:59

The Link now works..
Betun Selo KSO Operations Update..
hxxp://www.andalasenergy.co.uk/2019/08/07/adl-audio-presentation-august-2019/

[sweet karolina2] 08/8/2019 17:25

ADL share price scores a new all time low today, they really need to hurry up and boost that 4.5 BOPD to nearer the hoped for 20 BOPD ROFL.

[therealtonythetiger] 07/8/2019 09:12

Operations update and Company presentation..
Andalas Energy and Power Plc, the AIM traded upstream oil and gas and energy company (AIM: ADL), is pleased to announce that a new corporate presentation and associated video cast with an operations update on the recent Betun Selo KSO will shortly be available for all shareholders on the Company's website.

Please visit: hxxp://www.andalasenergy.co.uk/media-centre/

The video cast discusses the recent activity on Betun, service work on well BTN14 and the upcoming work on wells BTN01 and BTN03:

To address challenges such as leaks in the production strings, the tubing has been replaced in three wells (BTN01, 04 and 14). As a result, there has been an increase in the barrels of oil lifted and so under the operating services and option agreement ("Services Agreement") announced on 21 June 2019 , this small increment to production means the first income for the Company.

The workover of BTN14 has completed. At re-start the well is now producing 450 barrels of total fluids per day including 4.5 bopd, representing a slightly better figure than the Company would have expected at this stage. The well is performing in line with expectations and given the workover has increased the total bfpd, the Company is hopeful of oil production at the well increasing back up to its January production rate of approximately 20 bopd. The workover encountered a larger than expected amount of scale which necessitaed a mechanical clean out of the well, acidization of the wellbore and perforations which extended the workover beyond the originally expected timetable.

The workover rig has moved to BTN01 to replace the existing pump with a larger pump and is expected to move to BTN03 by the third week of August subject to securing the necessary explosive permits from the Government and Pertamina which have been delayed due to the imposition of a new procedure.

[therealtonythetiger] 30/7/2019 14:45

hxxp://www.andalasenergy.co.uk/contacts/

[dr samsam] 30/7/2019 14:27

What happened to their alleged "news-flow"???

[tunley] 28/7/2019 10:15

It does make you wonder why he bothers...

[domple] 16/7/2019 12:02

Anthill mob on their way too...

[domple] 16/7/2019 10:00

The bruschini rats are in.....winner winner!

[therealtonythetiger] 12/7/2019 16:05

hxxp://www.andalasenergy.co.uk/2019/07/12/start-of-btn-14-well-service-to-set-srp-deeper-in-the-well/
RNS next Monday/Tuesday

[chesycustard] 12/7/2019 13:33

Rig on site, Co update on twitter