The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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http://www.sagarejo.gov.ge/ge/garemoze-zemokmedebis-shepasebis-angarishI
National Oil and Gas Agency of a Announcement PREAMBLE inform you that the oil and gas resources, XI-B license block (Sagarejo and Gardabani regions) "shlumberzhe Rustaveli Company Limited (Branch) Georgia" has been ordered by a consultant company AM Consulting Ltd. prepares an “Environmental Impact Assessment Report” (EIA) for the Oil and Gas Collection Point - Bride AGD 4 , which contains an analysis of the potential environmental impact as a result of oil and gas operations . In accordance with the rules established by the legislation of Georgia, the EIA report is available to any member of the public.
..........
The reports are about an EIA for a collection point - Bridge AGD4 copied from BLOE BB
So just to be clear Schlumberger are building z gas and oil commotion point in the block next door to block12. Hmm
they are more excited about it on the bloe board
Thanks Seis ..
Is there any implication in this for us (FRR) that they have been awarded the block next to us? Is this on the 99 percent we gave up or across from that? A new area to be worked?
Bugsy, if it helps, here's the translation for the single page word document on google drive. Gas collection point??
The other 147 pages might take a bit longer:-) Looks like there's some useful info and pics in that document so might be worth persevering with. My online translator can only do 500 characters at a time.
LEPL State Oil and Gas Agency
Gan Tskhadeba
Please be informed that on the XI-B license block of oil and gas resources (Sagarejo and Gardabani districts) \"Schlumberger Rustaveli Company Limited (branch)
by the order of a consultant, the company\" AM Consulting \"is preparing and Gas collection point - Bride AJG 4 \"Environmental Impact Assessment Report\" (EIA), which contains analysis of potential environmental impacts as a result of oil and gas operations. EIA in accordance with the rules established by the legislation of Georgia, the EIA report is available to any member of the public. The electronic version of the document is available on the Facebook page of the State Oil and Gas Agency (State Agency of Oil and Gas) and on the official website of the Sagarejo Municipality (www.sagarejo.gov.ge). In the case of the Agency (Tbilisi, Sanapiro St. ?2) and Sagarejo Municipality Hall (D. Agmashenebeli St.
The public has the right to submit comments and comments on the EIA report to the Agency within 40 working days of the publication of the EIA report (in writing; electronically, if it allows the author and sender to be reliably identified).
Schlum have dabbled a fair bit in being an operator by sharing risk in Jvs as apposed to just being the service company. Higher risk but two bites of the cherry if they hit
Maybe took the block to build a huge gas distribution centre future proofing block 12 ;-)
Evening Aurora1,
That's a very good point!
Bezzy
Just glad to see the biggest global service company in oil and gas happy to go back in before elections.
CHeers Aurora, Dint suppose you could translate them 147 pages of Georgian text on the link for us :-)
Might explain why they jumped in next to us,
IF Anyone has FB, check out state agency oil gas page, Schlumberger just been awarded the block next next to us.. Snuggling in quite nicely ..
Can’t post link on this phone..