Aminex plans to continue the development of the Ntorya discovery in a drive towards near term production in the Ruvuma PSA while maximising value in Kiliwani North Development. ARA Petroleum looks forward to its involvement in the ongoing work programmes and adding technical and commercial value as the Cornerstone investor,” said ARA Petroleum in a web post. Outlining its longer-term growth strategy, the company added: “In the medium- to long-term, ARA plans to have 50 per cent of its portfolio in Oman and 50 per cent international while maintaining its commitment to being a significant employer of technical experts in Oman, with significant growth in both business segments expected in the near-term.” http://goo.gl/kqc12g
Still remaining as a consultant for the company. Re RNS, Well planning and design for the Ntorya-2 and Ntorya-3 wells are being conducted by Norwell Engineering Ltd and operationally the Company remains on track to spud Ntorya-2 during the Q4 2016. As we approach the end of August this leaves us 4-5 weeks away from Q4 hopefully we will see some good news in the coming weeks , patients all LTH We seem to have all the negative news out the way a long time ago, can only see positives from here on GLA MrF
Good luck to him and we should all wish him the best and thank him for his contribution and help in progressing AEX. If he wants to sell up (assuming he has that is) as well then he may have his own personal reasons which some may or may not understand. As we get closer to spud date confirmation and well pad finalisation and flow rate news things will get interesting. And of course the big commercial production date, that is big news. Gla and enjoy the long weekend all. I am exhausted as had a house party and was at Lords today to watch the mighty England win! Great performance. Peace and love to all. Enjoy the long weekend all.
So, many of us this week have been speculating as to why PT made a sudden decision to move his family. Seems odd for a COO to leave just as operations are finally gearing up. I don't have any proven answers, but coinciding announcements this week may provide further insight.
Prior to Canyon, he founded and was CEO for San Leon Energy until 2011. How many shares do you think one gathers as CEO and founder? I don't know much about SLE, but I do know that after a very long suspension of trading, it recommenced THIS WEEK, trading up 80% after a massive equity raise.
i won't rush to conclusions (such as perhaps he just can't be arsed to work anymore with so much in the bank), but the timing seems a bit rich.
And CP, what reason was given for why he left SLE? To spend time with family.
Of course a bank holiday, how can I forget, Ahh oh yes I am in Belarus! shall be hitting the UK soon again. So much excitement, 10p party can't wait forget the rules just go and we all have a great time! I traveled around 35000miles this year and not even finished so what is a few more thousand miles for a party, as most years I shall be attending the Stoneyridge party in the South Island for New Year again on the South islands in NZ, why not a 10p cheese party to see you lot. It would be my pleasure to attend, away from the cold East of Europe! That of course if you invited CPH1
As it is a bank holiday in Blighty and people will have time on their hands,it may be the time to reflect on the 10p party as I am convinced it is not far away. Forward planning is required because. Some of us will have to travel to the event,plane tickets to be booked,I don't know the average speed of Webmoors yacht but it must be taken into consideration.TipTop will have to find his wallet,not an easy task by all accounts. Crusty,after hurting his knee is slow on his bike so may need a few over night stops to get there,Gaslady will have to be sobered up,and PJ will need time to sign contracts with the BBC for the film rights to the event.Also some will need to get time off school. Perhaps an event coordinator based in the UK could be elected and a location could be voted on.What is the rule on 10p,must it just hit it or stay there for a set time?
Gosh,so much to do,perhaps it would make life easier if we never hit 10p,what do you reckon???????
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