Replies to post #6454 on Azure Holding Group Corp (AZRH)

[fink]

"You're about to get smoked."
I like that.


I hope they hit the Iranian rail system if they shut down the strait of Hormuz. That will kill oil exports to China and India. Russia fills that void. No wonder Putin is sitting this one out.

[threewheeler]

keep up the fact based replies makes u look like the professional and idiot look even stupider

[pepeoil]

Here bruh, it shows LOC, not surety bond. And here is your liability…..

You don’t have to put up cash and a bond. lol. Bonds are 5 to 10% …. If your credit sux, you may have to put up the entire amount of the bond in cash with a bond company. Again, a New York City slicker doesn’t know how thing work

P5 Compliance Flags
* TNR 91.114: Mail Hold Flag:
No No


Organization Detail Information
Operator Number: 886198
Operator Name: VISION OIL AND GAS LLC
Organization Status: Active-Ext
Organization Type: LIMITED LIAB COMPANY
Renewal Month: MAY
Location Address: 1303 CALLE DEL NORTE SUITE 900 LAREDO TX 78041
Mailing Address: 1303 CALLE DEL NORTE SUITE 900 LAREDO TX 78041
Organization Phone No.: [phone]
Emergency Phone No.: [phone]
Filing Fee Amount Paid: $1,812.50
Initial P-5 Filed Date: 05/23/2011
Last P-5 Filed Date: 06/16/2025
Gatherer Code:
Activity/Specialty Code(s): Well Operator-Gas,Well Operator-Oil , Pipeline Operators
Expiration Date: 05/01/2026
P5 Inactive Date:

Financial Assurance Information
Option: OPTION 2 (BLANKET FINANCIAL ASSURANCE)
Amount: $250,000.00
Type: LETTER OF CREDIT

Operator: VISION OIL AND GAS LLC

Operator Information
Operator Name: VISION OIL AND GAS LLC Renewal Date: 05/2025 Percent Complete: %
Operator No.: 886198 Total Cost: $2,000,000 (actual total $7,043,979.00, cap used) 5-year-inactive wells: 39
Operator Status: ACTIVE (ACTIVE-EXT) Wells Meeting P5 Renewal Requirements: 10

[pepeoil]

I can tell that you are clueless regarding operating oil and gas wells. “Repack the crushed cement and top it off”?????? Bwahaa. That is almost as funny as you “unplugging “ a well. lol. Your whole plugging estimates are so far off that it is ludicrous. The bank debt is verified in the merger agreement. Lol. Tell us how much the electricity costs per month, how about insurance, pumper fees, chemicals . Your $65,000 in not enough to cover operating expenses bruh! Quit bullchitting. The new your city slicker is clueless.

[pepeoil]

Hey Joshy, a quick review shows that cement is not circulated to the surface of the ground on the wells. If that is the case, a new gau letter will need to be filed so that the proper plugging procedure can be figured. However, the wells will have to be loaded and circulated with drilling mud, the junk casing will have to be removed or squeezed. With an active water flood, this can get very expensive, quick with rotten pipe from the salt water and H2s. This means the casing will have to be perforated for a squeeze or shot off to remove the junk casing. If casing removal is required, casing jacks will have to be rented. Once this is done, probably 4 15 or 20 sack cement plugs will have to be set. One the well is properly plugged, the casing will need to be cut off 4 feet below the ground and a cap welded on. Then the electrical lines will have to be removed. After any salvage, you are lucky to get away with $30 to $40 grand to properly plug a well. Your cost are laughable as your $450,000 Devonian tests. The experienced west Texas oil guy on Facebook chewed you up and spit you out regarding your bullchit project integrity. Lol But, that is what New York City slickers do, they bullchit the uneducated. lol.