Mayan Energy Share Discussion Threads

[113mike] 26/4/2018 07:29

Excellent news...this is all shaping up very nicely indeed!

[fairenough11] 26/4/2018 07:28

Gas Discovery at Stockdale.Well done Eddie.

[cudmore] 26/4/2018 07:23

Should see some big interest here today after that RNS

[brasso3] 26/4/2018 07:17

Good timing! :)

[brasso3] 25/4/2018 18:45

I bought back in this week at 0.74p. I think this is due a run through 1p now. Lots of news flow and WTI strength should see that through.

[23580] 25/4/2018 18:23

It's been a long time coming but I think the wait on Petroteq will be worth it. I'm pretty impressed with the facility they are building in Utah.

[113mike] 25/4/2018 16:09

FYI. ...Just rec'd this alert in my email in box(I signed up on their website a little while ago to receive company updates)Inc. ("Petroteq" or the "Company") (TSXV: PQE; OTC: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to update investors on the progress at the plant.With the hiring of its new CEO, David Sealock, Petroteq Energy has increased its focus on the final engineering, procurement and construction processes to prepare for the immediate commissioning and start-up procedures for the commercial operations of Phase 2 - 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. While the Company reported in early March that all systems at the plant were operational, the Company's plan is for the final stages of engineering and construction to integrate all of the operating functions to work in simultaneous progression to achieve commercial production in May.Since March 26, 2018, the Company:Is completing the final stages of the construction activities on the Project with operations personnel focused on critical path items;Is completing the local downstream market contracts for the Asphalt Ridge heavy oil production;Is continuing to investigate and pursue business development opportunities for the Company's technology, to demonstrate the technology's favorable extraction processes; and  Is broadening its working relationships with leaseholders and government agencies supporting the development of Utah Oil Sands."Petroteq has taken major strides in developing technology to transform Utah's oil-rich resources to energy," stated David Sealock. "We expect the Phase 2 - 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility to demonstrate the multi-decade production commercial viability of the Company's patented and unique technology. As the team finalizes our construction work packages and implements a five-stage commissioning and startup process, we are on target to transfer the facility to production operations in May."

[eye2] 24/4/2018 20:33

3.5 mill .8 buy

[eye2] 24/4/2018 10:00

It's going to have another go here hard to buy AGAIN. Wanting full for 10k €

[spawny100] 24/4/2018 08:24

Sooner MYN gets us some production figures sooner it can rerate thanks to soaring oil price. Come on Eddie!

[keya5000] 23/4/2018 09:23

You say progress is 'slow' but in reality maybe expectations are just set too high.

Look at the likes of NTOG that are bringing US production onboard via new drills or MSMN that are working over wells like us.

Not in the same league in capability, capacity or operational speed.

If we have the eight or nine wells tied in and producing alongside AR by end May we have had an amazing raft of operational success.

[highly geared] 22/4/2018 17:54

Mike, we need confirmation of the Forrest Hills 4 well tie in and flow rates, confirmed rates for the first lot ( confirming no significant declines), what new leases they’ve managed to acquire + an asphalt update.

Progress is steady but very slow, need a bit more impetus to get the market to believe...

[113mike] 20/4/2018 19:38

Could do with some pos+ weekend press?

[113mike] 20/4/2018 19:37

#MYN understand they are targeting 1000 bpd by end of 2018. https://t.co/pupqcDj9BB

[113mike] 20/4/2018 19:18

#MYN Today's news very good. Proof that Mayan can enhance prod'n at Stockdale through work over. Still 4 wells to tie in at Forest Hills subject to approvals. All prod'n at high margins (wells make money @ $30 now WTI @ $68). Good news flow to come. Mkt seems to have missed this.#MYN Today's news very good. Proof that Mayan can enhance prod'n at Stockdale through work over. Still 4 wells to tie in at Forest Hills subject to approvals. All prod'n at high margins (wells make money @ $30 now WTI @ $68). Good news flow to come. Mkt seems to have missed this

[113mike] 20/4/2018 10:21

muted reaction so far to the RNS. imho this is undervalued and so under the radar!As soon as we get demonstrated outputs, confirmed overall sales and revenue data we should start to see the rerate. No ramp intended but it's looking very promising.GLA!

[inv] 20/4/2018 08:28

no stock available as everyone wants this. should hit £1 later

[on target] 20/4/2018 08:14

And still no total production figures or longer term flow rates. How far are MYN towards their 300 bopd target, anyone have any idea? For all we know all the other wells may have quickly depleted back down to a dribble again.

[eye2] 20/4/2018 08:09

can not buy didly

[highly geared] 20/4/2018 08:09

This should be 2p now for fair value. Delivery has been slow but EG is clearly delivering. A great story developing underpinned by WTI prices $15 above expectations leading to profit leverage.

[1bonanza] 20/4/2018 08:08

Yes, looking very solid indeed. GLA

[spawny100] 20/4/2018 08:07

Big volume day coming could be the day we finally hold the gains. Great news.

[fairenough11] 20/4/2018 07:57

Align Research
‏

@AlignResearch
2m2 minutes ago
More
Complete validation of the workover process at Stockdale by Mayan Energy #MYN this morm - … we contine to remain v positive and reiterate our Conviction Buy stance

[grannyboy] 20/4/2018 07:50

Eddie's sounding VERY confident about the outcome from morris#1 well, his excitement is almost jumping off the page to slap you round the face....;))