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http://www.findingpetroleum.com/event/Finding-Oil-and-Gas-in-West-Africa/5ef90.aspx Maybe there should be a follow up conference entitled ... "" Now that we've found oil and gas how the hell do we monetise it if the authorities are playing silly beggars manana""
well very well done them ! Was it really worth the ink to write the note!!
CHRIS It isnt a quick fix - but if and when a LNG plant is indeed built then there is a monetising option for the gas at Bomono Etinde Matanda and Logbaba. - Huge. VOG and Bowl may seem like competitors, but they both have the problem that in country sales of gas have a limit. The real pot of gold can be derived by proving up enough gas to help brig about an LNG plant fro LNG exports. As a VOG holder I believe it is in the best interests of both companies to cooperate and prove the quantum of NG to justify the proposed LNG plant. Both companies could make that pot of gold at the end of the rainbow as and when and if it is built. In the meantime Bomono gas sales for Bowleven will ensure the cash assets of Bowleven are not diminished. I think there is every hope of large returns for Bowleven - I accept not tomorrow. Mel
We certainly need something from them, the silence is deafening
Im sure COC know what they are doing and good old Kev will be kept until they no longer require him.....the sooner the better...
we need clarity from them, it wouldnt be the first time a paper has printed FAKE NEWS
Bear in mind the 12 months has not been triggered yet from what I read so could be longer
we thought!
the same all over when at the top, failure is awarded. our society is all wrong
No doubt with a golden handshake.
Surely he will be put on garden leave or made completely impotent?
Mr Hart will remain in the position he has held since 2006 and will report to the four-strong board.
Bugger me ~ 12 months notice !!!
They are still employed..... http://www.heraldscotland.com/business/15158933.Investors_vote_for_shake_up_at_oil_firm/
You miss the point smart arse, not your point about vog rather your condescending " good luck with your new board" you know and I know exactly what you meant, that's why I asked you to bugger off
Bordersman, I am completely out now matey, had enough and as you say there will be many twists and turns still t come with this company now, and its no for me, I originally invested in a company who was a exploration company with great expectations and CEO who was a spin master, and yes I was completely sucked in Sapele and the as he said we have the Tiger by the tale and great results, its just a shame we had a lying over exaggerating CEO called Hart who just happened not to mention the sand where not right for gas re injection then carried on drilling knowing this and it had to be that type of reservoir for it to be viable, and just to top it we don't even have the rights for the Sapele field anymore. So thanks for your friendly advice, bit I am out and will not be back, just wanted Hart to have some type of apology to all the investors who he sucked in and backed him all the way through this nightmare investment, I hope there is such a thing as Karma. well at least he has now had a taste of it. Rot
Or thanks to the fact we are going to P1 reserves and ensure we can supply a 3rd power stn for 20 years ? What say you ! Booking reserves is quite tantamount to mcap don't you think ? Atvb
Gunner - Yet VOG's share price was languishing at 35p just over a month back. Now almost double that. :-) Thanks to KH perhaps?!
Truth hurts Jadee but that's the bottom line matey Bonomo wasn't a duster but only good enough to portion a deal so be happy you can Monotise it ...ps ...I'm no smart ass just a realist x
Unlikely very unlikely we don't sure up and also in 1958 elf ..looking for oil by the way would have been very incorrect in their findings ! But hey it's only elf lol Also we are not hanging our coats on Bonomo we have Matanda which is massive but imho I have every faith Vog will come good ! The tail of matanda is very possibly linked to logbaba but dyor and good vgla
We are very happy with our new board now bugger off whence you came, we don't like smart arses on here
And what if VOG does not find what it is looking for? :-)
Matanda
Is a very small piece in the Vog puzzle ! If Vog who are drilling currently find what they are looking for then I suspect they will pull out ! Never look a gift horse in the mouth eh ! All you guys moaning about the deal ? Could be Vog drop it like a stone ? 7 scuffs equates to very little when you take Maranda into consideration ...Vog are hoping for 100 plus scuffs on these new drills ! Apart from being land locked where does that leave Bonomo in the bigger picture ? Some of you guys should pipe down and realise it's land locked and tiny in reality ...the deal Vog gave you was the best you will get ! Aimho and at the end of the day if COC sell or put up for sale it's still likely to have to go through Vog pipe atvb and good luck with your new BOD who want to rapidly monetise and sell your assets for a quick profit ! Aimho and dyor