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Jakota515

All still seems quiet.Hopefully some action soon


Peto2810

Quiet...only momentarily. Market is focussed on Jewell right now. What we do know is that management know how to get things done. Keep well cheers Paul :)


Jakota515

Thanks Paul.I’ve been a holder for close to a year and yes I’m impressed with the management


Peto2810

Excellent mate. 🤞 Very soon will be impressed with the patches of turf and what lies below that will be proven reserves. It's a marathon not a sprint 😃 Keep well cheers Paul :)


Markma1989

A year holder. So much gains bro.


Markma1989

When will jewel make their first sale ?


Peto2810

Very difficult to answer that question, however the most recent announcement has indicated that a cut of oil and gas has been retrieved early in the flowback process. This is very positive, I cannot of the top of my head remember the size of production storage tank onsite and how many BUT assuming they maybe on thier way to 1300 boe per day being ~65% oil then the tanks will begin to fill even before flowback has been completed. The meaning of this is that it is possible to at times see sales before the IP24 rate!!! Remember the IP24 is the peak rate before the beginning of the decline curve which depending on the week performance may still not be a while to the IP24 announcement. The next big factor will be to IP90 that will give an indication of the decline curve going forward. Sorry for the long winded reply but yes completely possible sales very soon on the way and before IP24 😀 Keep well cheers Paul 😀


TheProfessional0001

I agree with Paul. I would expected to see first sales in the next two weeks. If we start seeing the flows we are expecting those tanks will be fill pretty quickly.