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And thereafter Zenith formed Zenith Congo,- that makes no sense, Highlander47
Can you explain that other than that the government in Congo wanted the licence out of the hands of anything that were directly connected with the name AAOG?
Minister of Hydrocarbons in Congo, in a letter dated 4th June refused to transfer the AAOG(C) licence to Zenith. As you ay not often herd of but Zenith is a unique case, in a class all of its own.
Who exactly is Highlander47,
Certainly seems a lot of bad blood and dirty laundry being aired.
I was not impressed in the story of unpaid staff in Azerbaijan whether accurate or not, reminded me of the film War Dogs when they failed to pay worker in some former eastern bloc country for repackaging ammunition if my memory serves me rightly. Just look how that bought them down through means of revenge.
In this case it is reputation, anyone after revenge can just simply bring that up and the SP tanks.
The pressure is on Zen I hope they pull it off.
Unsure Mud I know he's got a ton of options but you'll have to check their A.Reports for the cash part of his remuneration.
Out of interest what was the UOGs CEOs renumeration including bonuses if he received for 2019?
UOG's 2019 no's..
Financial Results for 2019
As expected at this stage in the company's history with no cash flow from operations during 2019, the company made a loss for the year. This loss of $2,139,075 comprises administrative expenditure in support of the company's activities, exploration costs written off (principally the Colter well), and costs associated with new ventures and evaluating acquisition opportunities. The costs of our AIM listing, the Egypt acquisition including a Reverse Takeover process as well as the corporate expenses associated with being a listed company, were also included. etc etc
Same process as ZEN's going through is all.
No they weren't they were surviving on placings and prospects. They were suspended for some time when they bought into egypt and many investors wrote them off.
Right now they're producing 3k boepd not bopd but you were close at least.
Also - the point is that at this point in time Zenith are producing oil in Tunisia. That could change if the govt refuse to approve the license but at the moment the fact is that they are.
As for Zenithscam and all the people of Norway that you claim to represent - of course oil is being produced in Tunisia. If you read the RNS from 11th June https://www.lse.co.uk/rns/ZEN/payment-to-kufpec-for-sidi-el-kilani-5fe6b8njqsyasli.html then you will see that it says: "It is expected that the production revenue generated since the date of signing of the SPA will be sufficient to fully satisfy the second and final Consideration payment to be made by the Company to the Seller for the Tunisian Acquisition by October 2020."
This makes it very clear that oil is being produced now and this oil will belogn to Zenith once the deal completes.
It also says: "Completion of the Tunisian Acquisition remains conditional on approval being granted by the Comité Consultatif des Hydrocarbures of the Republic of Tunisia in respect of the transfer of the Seller's right, title and interest in and under the Tunisian Acquisition to Zenith Netherlands."
So yes, absolutely if the Tunisian government reject Zenith's ownership then they will no longer be producing oil and they will have to divest themselves of the asset. But this really isn't very likely. I can almost never remember a transfer of ownership like this being rejected. If you can , feel free to point me in the right direction.
This is absolutely hilarious.
So far on these boards I have been accused of being:
1) David Seftton - former director of AAOG (that was by a poster called Papa9911)
2) Jonathan Tidswell - former director of Angus Energy (by a poster called Rastuss)
3) Ippolito Cattaneo – the son of Andrea Cattaneo (by Fiah on here and now also by the first time poster ZenithScam)
I am none of these people. But I do my research and I look into what is happening. If you want to debate with me then I am delighted to do this, but please do not expect that I will just let you say nonsense that I disagree with just because it is you. If I think that you are lying I will call you a liar – just as I have done with Highlander on numerous occasions.
The real problem is you troll thats all and zen are in the same position as UOG was in with their egyptian purchases last year and if you spent as much time researching as you do creating new accts you'd know this.
yes right new poster you're not one of our trolls with a new handle you're actually talking for all of Norway.
Zeniths success at Tunisia with its steady and hopefully soon to be growing production seems to have really peeved a few of our trolls. They been nonstop knocking since news turned so positive there.
Right, so you have no idea who Steve Lamet is yet...
1. He is the person who sent you the copy of the Africa Intelligence article you posted here this morning - the one with the bit that you forgot to delete labelled: "Copy exclusively for Steve LAMET - Subscriber # AA042782"
2. When you google the name Steve Lamet it transpires that from 2013 until 2019 he was International Operations Manager at SMP (Société de Maintenance Pétroliére) - the company that provided the rig to AAOG for their drill in Tilapia in 2018.
3. In your own "STATEMENT FROM PROPOSED DIRECTOR NOMINEE ALEXANDER MACDONALD" letter to AAOG shareholders that can be seen here: http://www.alignresearch.co.uk/anglo-african-oil-gas/aaog-statement-from-proposed-director-nominee-alexander-macdonald/ you say "By the end of March 2017 we had assembled a small but highly qualified internationally recognised technical team... By August we had completed the tendering process, which included about 200 line items including the rig. For the record we rejected the SMP rig..." This would be a rig that you would have had to negotiate with Steve Lamet for since he was international operations manager.
You Highlander are a serial liar.
MG. I will now make it my business to expose who you are, then let matters take their course.
I have no idea who Steve Lamet is and you have not provided one shred of proof - that is because there is none.
Blah blah blah Highlander it is lie after lie with you. Why not address things publicly here. You have been exposed as a serial liar time and again on these boards.
Are you still laughably claiming that: “I have no idea who Steve Lamet is.”?
Oh dear MG more conspiracy theories and they are just that.
I repeat my offer.
I don't have an issue with the truth, however you clearly do.
I welcome the day when you are man enough to come out from behind your ridiculious nom de guerre and key board and have an open face to face conversation with me. This will never happen because you know that you will be exposed for the fraud that you are, also you are not man enough.
It gets even better…
The mysterious Steve Lamet (who Alex denies that he knows, but somehow appears to have forwarded him the Africa Intelligence article) shows up in a google search as working for Caroil: https://www.google.com/search?q=%22Steve+LAMET%22&rlz=1C1CHBF_en-GBGB781GB781&oq=%22steve+lamet%22&aqs=chrome.0.69i59j0.6785j0j7&sourceid=chrome&ie=UTF-8
When you look at Steve’s profile on Caroil, https://www.caroil.fr/people his biog says that he was at SMP (Société de Maintenance Pétroliére) holding a wide variety of key roles in multiple countries including International Operations Manager.
If you then recall back to the AAOG days you may remember that SMP were the drilling company that drilled (or attempted to drill) TLP-103C for AAOG in the Republic of Congo. They made a complete mess of it and the matter ended up in a legal argument: https://www.proactiveinvestors.co.uk/companies/news/223897/anglo-african-oil--gas-gives-details-of-dispute-with-rig-contractor-223897.html
So we now have a direct link between Alex and the people who drilled the failed well in the Congo. As I recall, Alex claimed in the open letter to shareholders that formed part of his failed AAOG bid that he had rejected the SMP rig. Yet, here we are all these years later with the person behind the SMP rig being such close friends with Highlander that he is sending him his personal copy of the Africa Intelligence email in order that Alex can post it on this board.
Highlander claimed earlier today in a post at 09.18 that “I have no idea who Steve Lamet is.”
Having investigated the links between Steve Lannet and AAOG and having Highlander in his own words admitted that he looked at the SMP rig (which would have meant talking to Steve Lamet) I find this very difficult to believe.
Alex, you are lying again. You have been caught out again. You really made a schoolboy error by leaving Steve’s name on the document you published. It has once again exposed you as a serial liar.