Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Translation of Tanzania Parliament document.
B.2.2 OIL AND GAS EXPLORATION AND DEVELOPMENT PROJECTS IN BLOCKS THROUGH PSA
Ruvuma Nursery (Ntorya)
112. Honorable Speaker, this project involves the development of natural gas discovered in the Ntorya area in the Ruvuma block.
Until March, 2024, the works carried out include completing the interpretation of the 3D system seismic information collected in an area of 334.9 square kilometers and continuing with the preparation of repairs and well tests for the Ntorya 1 and Ntorya 2 wells .
In addition, the Contractor is continuing with the purchase of the Chikumbi-1 well boring plant.
Likewise, the Cabinet has approved the issuance of a license for the development of this Block where the procedures for the issuance of the license to TPDC on behalf of the investor (ARA Petroleum Company) are being completed.
113. Honorable Speaker, preparations for the construction of the Ntorya gas pipeline to the Madimba gas processing plant are ongoing where the Environmental and Social Impact Assessment (ESIA) has been completed and the Engineering and Construction Lead Consultant is completing the engineering feasibility study to facilitate the tender of pipeline construction to be announced.
141. Honorable Speaker, the inspection and management of oil and natural gas exploration activities has continued to take place in blocks of Tanga, Namba 1, 2 & 4, Nyuni, Ruvuma, Ruvu and Kiliwani North. In addition, in the Eyasi-Wembere area, the processing of the data taken from the 2D system has been completed and the procedures for finding a contractor to translate the data are ongoing.
In the Ruvuma Block, the work of interpreting the seismic data taken in an area of 334 square kilometers has been completed and preparations have begun for the development of the discovered natural gas
including the repair of Ntorya-1 and Ntorya 2 wells that will be used to produce natural gas and drilling of the Chikumbi-1 exploration well.
Attachment no. 9 is a map showing the state of exploration, development and production of oil and natural gas in the country.
https://www.parliament.go.tz/uploads/budgetspeeches/1713966417-Hotuba_ya_Bajeti_ya_Wizara_ya_Nishati_kwa_Mwaka_wa_Fedha_2024_2025.pdf
Sites in the Domain .go.tz are all Tanzania Government official websites. The below is a news item on the Tanzania Ministry Of Energy website. nishati.go.tz translates to energy.go.tz. The information must be correct, as they would not publish false statements on an official Government website.
It states: "Katika Sekta ndogo ya Gesi Asilia amesema kuwa, usimamizi madhubuti unaendelea ambapo chini ya Serikali ya Awamu ua Sita, imetolewa leseni ya uchimbaji wa Gesi asilia katika kisima cha Ntorya mkoani Mtwara huku leseni ya mwisho ikiwa imetolewa mwaka 2006."
Which in English states: "In the Natural Gas sub-sector, he said that strict management continues where under the Seventh Phase Government, a license has been issued for the extraction of natural gas in the Ntorya well in Mtwara region while the last license was issued in 2006."
https://www.nishati.go.tz/news/dkt-biteko-afungua-rasmi-maonesho-ya-wiki-ya-nishati-2024
Al,
"The Government will want full exposure in media of this"
I would have thought so, yes, huge gas field soon to come online, they will sell it to the public as "Low cost Gas for everyone for decades" I suspect.
Ignore the serial ramper, posting the same STG pumping on loads of boards, has no interest in this stock at all.
https://www.lse.co.uk/profiles/janet2007/
Crusty, Aminex plc finished up over 9% I believe.
Welcome Black Rock. Our wonderful lth Gaslady was earlier trying to identify a poster from his 'amercanist way of spelling.
In your case, I sense you have a touch of the Proscuitto about you ! Bound to be wrong I feel but are you an HTGT sort or otherwise I wonder ?
No longer up that 8% unfortunately - however any rise is a good rise ;0) Slow and steady does the trick.
Pretty good day for AEX now up 8 percent and good day for STG as well...worth a look too .....hoping for both to see massive gains in the coming weeks
On the market...must be dusting off the red carpet somewhere in Tanzania for the big reveal.The Government will want full exposure in media of this
OK, then shut your mouth
Mark Twain presumably had this forum in mind when he said"it is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt"
But Rojo we have never attended the AGM together - suspicious eh? Would we have had to wear the same name tag....?
Yes RoJo, I've just checked it, I must admit I thought you've been from about 2017. I'll have to put it down to age
The Sultan is amongst us 😁
Your tiny minds are going to be blown when you see my name tag at the AGM “Gas Tanzania Lady”
Phew! Thank goodness for that Rojo. I wonder how long I can keep the secret that I am, in fact, MrMoi ;0)
BG you'll probably find that Crusty and I have been around for approximately the same time
With your reference to Crusty I suggest you are easily misled or deliberately trying to mislead. I saw that joking post myself. There's only one Crusty
Oh dear!
We've been rumbled Crusty.
We did well though, nobody suspected (until now):-)
Yarmy - An apidistra perhaps? That is an extremely boring plant.... They are quite cheap to purchase though and without a long lead time ;0)
Yes, Crusty has been Crusty, for such a long time, many years. Whereas rojo ?
I am Rojo? Really?! Well I just hope that some people's opinions and interpretation of the evidence for their own investments is a little more reliable than their reading of "people".... it is of course total and absolute nonsense as is indeed their understanding of AEX and its prospects ;0
How have you come to get it so wrong moi ?
A handful of people on this board has annoyed me immensely. I abhor bullies and people ganging up like they’re at school. Pathetic.
I think that Mr mrmoi, has been struck with madness