Beacon Energy Share Discussion Threads

[neo26] 23/8/2023 14:28

What?? Its hasnt tested at 3000bopd

[apotheki] 23/8/2023 14:26

"But even more encouragingly, this positive result de-risks the 2C contingent resources of 2.4mmbbls assigned to the adjacent Schwarzbach South segment — which is the next company target at the Erfelden field.

Beacon is now focusing on completing the well for production, and an update could come literally at any time. This well was the company-maker, but what the market is missing is that the rest of Erfelden is now a far more prospective resource."

[robwalsh25] 23/8/2023 14:26

3000 bopd!!’

[neo26] 23/8/2023 14:23

U need to calm down..

[apotheki] 23/8/2023 14:20

CEO Larry Bottomley — who has enjoyed senior stints at Perenco, Hunt Oil, Triton, Chariot, and FTSE 100 oil major BP — enthused that the new well has been ‘safely, effectively and successfully drilled and logged…the well has encountered oil bearing reservoir in the Meletta and PBS sandstones, both shallower than predicted with the PBS being a thicker interval with more sand and of better quality than pre-drill estimates. These results imply significant upside to the reserve range assigned to the Stockstadt Mitte segment in the CPR.’

Unlike the previous RNS, the CEO was prepared to announce that electrical wireline logging analysis shows that the well ‘has the capacity to materially increase the Company’s production and revenue…this is a very important step in the Company’s aspiration to build a self-funding platform for growth.’

[bmwman3] 23/8/2023 14:17

My expectation is your a troll

[neo26] 23/8/2023 14:15

What is company forecasting?

[apotheki] 23/8/2023 14:15

"But even more encouragingly, this positive result de-risks the 2C contingent resources of 2.4mmbbls assigned to the adjacent Schwarzbach South segment — which is the next company target at the Erfelden field.

Beacon is now focusing on completing the well for production, and an update could come literally at any time. This well was the company-maker, but what the market is missing is that the rest of Erfelden is now a far more prospective resource."

[apotheki] 23/8/2023 14:11

None of us know the answer but 500bopd would be considered to be an excellent result. If it ends up being much higher for example 1,000bopd or more....well you would have to say that would be truly amazing!

[johnjames876] 23/8/2023 14:11

A crazy scenario You cannot stop the selling

[bmwman3] 23/8/2023 14:10

Topped up lovely

[johnjames876] 23/8/2023 14:10

The mms have played people like a fiddle here

[johnjames876] 23/8/2023 14:10

There is so much stock available

[johnjames876] 23/8/2023 14:10

Selling is going out of control now you can buy 50m shares at 0.205

[neo26] 23/8/2023 14:10

Why?U expection 5000bopd?

[johnjames876] 23/8/2023 14:07

Where are ramper

[neo26] 23/8/2023 14:04

I think this will flow around 200bopd

[bmwman3] 23/8/2023 13:39

Top up timm

[bmwman3] 23/8/2023 13:38

Fill yer boots

[bmwman3] 23/8/2023 13:37

Top up opportunity