It’s been a tough few months for holders of Matra stock the feisty little oiler is as most know struggling to stop the water influx on A12. The Admin email has been flooded and the topic that stands out is the current situation with A12. Most think that is it, A12 200 BOPD! Matra have not given up on solving the water problem, far from it the company are known to be collecting data whilst actively investigating a solution to the problem our sources expect that they will once again attempt to locate and isolate it. Hind is on site in Orenburg. Current thinking varies as to where the water is coming from last week it was being considered that the 2008 drill into the OWC MAY have BEEN responsible the drill into the OWC wasn’t plugged/cemented until 2010 (this was my favoured theory).  But on further investigation by the company … read more

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There’ll be an important update on the way shortly. PH is as we speak on site.

 

Viva!

 

Daniel… read more

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There’ll be an update on Oilex shortly. “Shortly” as in the next 24 hours.

Daniel… read more

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Amur Minerals;

Announces today that the Annual General Meeting of the Company will be held on Monday 15 August 2011 commencing at 9 a.m. (Mountain Daylight Time, 16:00 London BST) at the offices of Pioneer Management LLC, 100 Fillmore Street, 5th Floor, Denver, CO 80206. A copy of the resolutions to be considered at the Annual General Meeting will be posted to Shareholders today.  Details of the resolutions for consideration can be downloaded from the Company website.

Bluebird Energy;

Informed the market that a poor response had been received Bluebird had been hoping to raise up to £558,168 by way of an open offer at 1 pence per share, however at the closing date for applications only £210,698 of stock had been subscribed bought.

Coastal Energy;

Announced that the Songkhla H-01 exploration had struck 32 feet of net pay with 20 percent porosity in the Oligocene interval. A drill stem … read more

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I’ve had a lot of complaints that the new lighter theme used has been causing problems when visitors have clicked on the Links, Widgets and Ads featured on the Blog. The Ad revenue has certainly borne this out. Completely down to a few pence. So after some wizardry with a new theme it should hopefully now be sorted out.

I’ve now redesigned the site and it appears that all features are now displayed correctly. If any of the features on the Blog don’t come up instantly then it may be a browser problem with the visitor. A quick hit of the refresh button should sort it out.

Many thanks for the input always appreciated at this end. Keep it coming we can’t always answer directly due to the volume of emails received but we do try to read as many as possible and reply whenever time allows.

Cheers

Daniel… read more

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