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Think EOG have done a good job in raising profile and opportunity of Inishkea - Irish climate protestors shouting about it last week, Irish politicians talking about it at this conference - all positive signs. Just need the Irish Gov to stop talking about their dire indigenous energy situation and start taking up the obvious options to start tackling the problem. If they ever get serious about it then imo we have to be in the mix.
Https://twitter.com/europaoilandgas/status/1678316647356964865?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
Link to recent i3E presentation, a little bit about Serenity included.
From about 33mins in.
https://youtu.be/veXUCB95VS8
Bit higher I thought 3.25/3.50 I thought but let's see
CPR and Wressle development plan should see this at 2.5p with patience.
Imv I3e are going to offload Serenity onto us for shares once our sp is up.
Serif,I think it's waiting news now and quite alot by looks if things
There is also the gas to wire engine to come - had forgotten about this! Mark Abbot email today showing on UJO Twitter confirming that “we are well advanced with the procurement of a suitable gas to wire engine at Wressle.” That could potentially provide a near term significant boost to production, as gas volumes seem to be the main constraint.
Quiet awaiting news .....
egdon have taken far too long to install c65s and have been dragging their feet on the long promised gas-engine and 600m pipeline, the heyco takeover should be a huge boost for further development at wressle, *****tone and broughton north, let's hope heyco/pp dont drag their feet too!
It looks from the RNS at
https://uk.advfn.com/stock-market/london/egdon-resources-EDR/share-news/Egdon-Resources-PLC-Results-of-General-and-Court-M/91487839
that the number of eligible shareholders voting in favour was only just over 75%. So, if only n that basis, it was quite close run .
Egdon deal voted through this morning (about 95% in favour), so now we can get on with taking Wressle into the next phase.
HTTps://www.thetimes.co.uk/article/litigation-funds-line-up-take-on-state-barryroe-ireland-bzzsfl68g
hTTps://www.businesspost.ie/analysis-opinion/daniel-murray-it-was-only-a-matter-of-time-before-ireland-was-sued-over-energy-treaty/
Swizz on the BEY board has kindly uploaded article.
Issued by Lansdowne yesterday. Details of their litigation.
https://www.investegate.co.uk/announcement/rns/lansdowne-oil-gas--logp/annual-results-and-notice-of-agm/7606417
Maybe next week we find out why William Ahlefeldt topped up
Bobby ,many thanks for link ,any day now
Thanks bobbybee, reading thru the comments section, all 21 posted here are very positive & pro-permission.
Our fellow shareholders might well leave a comment there too :-)
Posted by Tommy241 a couple of days ago.
Https://apps.northlincs.gov.uk/application/pa-2023-1101
Should be an interesting week or two. Egdon vote on Monday which should seal the deal and confirm the underlying current value put on Wressle with its 2.6p read through to EOG - then all eyes turn to the new CPR presumably an upgrade on resources and perhaps new reservoirs to consider - swiftly followed (well they’ve had plenty of time to prepare!)) by planning application for 1-2 new Wressle wells targeted for end of year.
From Lansdowne this morning.
Initiation of Arbitration Process under the Energy Charter Treaty ("ECT")
Further to the Company's announcement of 22 May 2023 that the Company was formalising the engagement with external legal counsel to pursue legal proceedings for the purpose of protecting its investment in the Barryroe Project, Lansdowne is pleased to announce that its legal advisors, Ashurst LLP, have submitted a letter to Ireland giving notice pursuant to Article 26(2)(c) of the Energy Charter Treaty, requiring Ireland to participate in discussions with a view to settling the dispute within three months of the date of such notice . Receipt of this letter has been acknowledged.
Further updates will be made as appropriate, along with more information on the claims sought by Lansdowne in this matter.
So maybe next week ?
Serif,I'll join you in an accumulatior there
Presumably in some final draft form which the JV partners can then approve and sign off for publication after the vote on 3rd July. The important part of their getting this preview is that it should enable them to finalise decisions about drilling sequence and so get the planning request in pronto.
If we go by the last Europa presentation that the CPR would be handed over to the partners in two weeks!
Another month for the public to see it.
IMHO
Going down to the top up zone...
He has had the opportunity to buy nearer a penny, if he was averaging..