FRR Stream Log

Today's SP. There was a sell of 6.8 million shares. 0.04% of the company. Anyone who thinks that is a massive sell is a fool or a shorter.

Average_Dave, I think you have misinterpreted the RNS. It states ' The intention is to continue to test the combined flow of Zones 14 and 15 and within a period of approximately 60 days, perforate and mechanically stimulate Zone 9 and produce from all target zones together. ' I take that to mean, assuming their punctuation is correct, that within 60 days of the start of testing zones 14 and 15, they will then add zone 9 in. There is no timeframe for the conclusion of the testing of the 3 zones together. The only timeframe I have heard was in the first podcast where Zaza talked about testing the 3 wells for 3-4 weeks. That was 2 weeks ago, so I think a more realistic timeframe is another 1-2 weeks.

Posted on FB. Dear xxxx Thank you for your enquiry. We understand your frustration and feedback has been passed onto the management team. Zaza will be doing a couple of broadcast interviews tomorrow morning, which will be released tomorrow afternoon and Thursday morning. We hope that these interviews will address the questions put forward by investors and it will be a good opportunity for Zaza to explain the current situation. Hope this helps. Kind regards, Oil And Gas Yellow Jersey Oil & Gas

Re: What if.... Zaza just enjoys buying shares that would be worthless....eyes roll emoji

Getting desperate Jakxxxt oil will soon be >1000 bopd .....lovely jubbly!

Damp Seaweed re Jacks**t and confirmation bias, have you had an irony bypass op Seaweed! lol

JakS**t - Please announce yourself at the meeting.

JakNife ---Frr will be employing the same technology that has been deployed in so many US oil fields to make previously dormant oil flow. IMO they are not involved for the oil it's the gas that really will be the game changer for FRR. Can smell those shorts burning from here!!!

Great post Symore and duknweve, Funky Gibbon Sounds to me that you may be suffering from water on the brain in your desperate attempts to short this stock!

the work on the well is being done by Uniserve (using no doubt a lot of the credits shareholders here took a beating over in dilution in 2016!). They have not said who is doing the testing/perforation but we know Weatherford are their current favoured specialist service provider and they designed the tests for UD2 in 2015/16 so for me Weatherford would be the most likely (go on bugsy get searching for any Weatherford Georgia links!). I'm not sure they will move the plug lower especially if they have started perforating - someone who works in the industry would be better placed to comment as I tend to apply common sense and risk assessment when I look at things like this. We know they have to be very careful with these wells UD1 which was 10m away seemed to have severe problems controlling the well and while the first 2000m of the soviet wells tends to be Ok the lower you go the more trouble they had drilling and cementing. They have been careful to cover both the deeper Gareji and Oligocene formations ("extended testing of three target gas bearing intervals of Oligocene-aged, Lower Miocene-aged and Middle Miocene-aged reservoirs, located between 2620m - 3320m"). So I would be surprised if they went beyond the 700m section they have available to test in 15m runs and went lower as I suspect they will learn enough from this large section already without the risk, cost and complications of retrieving the plugs on a well they have just perforated and which we hope is already building up multi zone flows. All it would do is introduce more delays in monetising. If they want to do that they could shift over to V18 or v10 which seems to be the plan in 2018 anyway. Also that depth is also where in Dino the comingling on the oil became problematic due to pressure differentials and that may be a factor here as well.