Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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"As previously announced, the term of the Trinity Inniss Incremental Production Service Contract ("IPSC") was extended to allow for the implementation of the CO2 Pilot Project.
The Company's interest in the Trinity Inniss field benefits from an agreement with Predator Oil and Gas plc ("Predator"), whereby Predator will help plan and fund the CO2 EOR Pilot Project (the "CO2 pilot project"). As part of the agreement with Predator, the Company and Predator share 50:50 in any incremental oil production (after Predator recovers its costs associated with the project). Additionally, Predator has the right (until 30 September 2020) to purchase the Company's interest in the Trinity Inniss field for US$4.2m. "
is LLL on about this (could be in the bag) IPSC.....................?
All the best (thanks LLL, new investors will like this ;()
At this rate PRD could be stumping up sooner than later and some good news RE the SPT. That tunnel light appears to be getting brighter by the day.
Mow the grass............... Magoo........!
oh he does.............. :)
All the best (like a Cricket wicket :()
You should use the 'Filters' tab to get rid of unwanted de-rampers etc.
He is becoming very forgetful lately.
Its no coincidence that CERP & PRD are having a good week :)
CANT BELONG NOW..........
CERPS most exciting opportunity is its onshore position in Trinidad’s South West Peninsula (SWP). The SWP is close to, and geologically part of, the East Venezuelan Basin. This is the largest hydrocarbon basin in the world. Koot says the opportunity to access the Basin’s offshore-scale potential from an onshore location drew him to Columbus:
‘Trinidad has been producing for a long time. However, the SWP has not. This is because landowners rather than the state own its mineral rights. Oil companies have overlooked these resources .