Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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He was talking about production going up as a major player.
Production is rising quickly even IF the new find has an issue.
Doesn't stop more drilling if results show a massive find.
Lok struggling to understand your logic
"at a certain level of production, the debt becomes irrelevant and the value of the company jumps.
The problem is that that holds true for setbacks too, and the Dakota well is actually quite important for that reason."
Even without the new find our production is set to soar?And more drills planned in area.
Angus you are a desperate person I feel so sorry you. I bet you are down to your last bit of money, You really can pick them.
Actually, I'm usually downbeat and i try to be realistic and not avoid negatives but, yes, I think it could double, if not tomorrow with omicron at our heels, then at least faster than expected.
I've given my reasoning before, and others have said something similar: at a certain level of production, the debt becomes irrelevant and the value of the company jumps.
The problem is that that holds true for setbacks too, and the Dakota well is actually quite important for that reason.
He must be the recipient of this weeks
Arty e-mail m8
IF, the right RNA message arrives without being diluted by something else , that may or may
not happen, a 100% rise is possible BUT after what we have witnessed this past year
DON'T hold your breath.
;))
How can you say COPL will double tomorrow Angus even COPL stalwarts do not think that will happen
It could double tomorrow if the cementing is successful and it's a gusher.
It could also tank heavily if it's abandoned. It's not just the money or production, though those are important. Copl badly needs to show that it can do something right after a rocky start to its new journey.
This could double tomorrow buy now before you miss the boat
More press today , Nigeria again being slapped on the back , as being able to lead African
prosperity via industrialisation , within the African Free Trade Agreement
Dwelling on the opportunities that could be realised by the Nigerian oil and gas industry within
the confines of the AfCFTA agreement, he stated that the African oil and gas landscape provides
huge opportunities for cross-border infrastructure to unlock development of stranded assets
stranded assets , must be talking about our PPL , lol
https://guardian.ng/business-services/oil-industry-critical-to-afcfta-agenda-says-ncdmb/
and Noob already have one from the Python days under the name
Mr Limbbim fatang fatang ole biscuitbarrel
:))
No real need for Arty to go to Nigeria, the operator is Essar and we have our local
partner , he of the massive title and billionaire KK to sit at the table on behalf of
our ShoreCan interests.
A meeting held earlier today by NNPC, with the local independents including Shoreline
another director representing them, perhaps KK in a nearby room , thrashing out the
details for renewal under the PPL option vice old opl license (part of new PIA law)
Timing of IPPG meeting with NNPC , fits with our , RNA message - the end of November
today is the day , we should find out something soon, be it just another extension , or a
real update after 2 years of limbo (Art in rna's have applied at least 3 times with no reply)
:))
A rolling monthly extension for some reason?
Time in Lagos 13h20
Arthur in Lagos ?
Why extend the Essar - COPL agreement only until November 30th?
Emmanuel Addeh
Although the country’s overall local content in the oil and gas industry still stands at about 43 per cent,
Nigerians now occupy up to 86 per cent of top management positions of all the companies operating in
the sector, a report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has indicated.
is KK the leader of the gang , with his fancy long new titles lol
:))
Extract from yesterdays , thisdaylive
Gilbert Ekugbe
Russian investors have announced plans to invest in Nigeria’s agriculture and oil and gas sectors
in the coming years.
According to the Nigerian ambassador to Russia, Prof Abdullahi Shehu, these investors are also
seeking to support Nigeria in addressing its high level of insecurity
Shehu stated that this at the Nigeria-Russia Business Forum it jointly organised with the Lagos
Chamber of Commerce and Industry (LCCI) in Lagos.
He stated that the trade volume between Nigeria and Russia has increased from $300 million to
$600 million in three years.
here come the reds and we are not talking sp
:))
A five degrees of separation thing, our neighbour in Wyoming Exxon, have just completed an
exit of assets in Nigeria to Seplat, reasoning given
Exxon has been exiting investments worth billions of dollars in oil and gas fields in Europe, Asia
and Africa as the U.S. energy major focuses on a handful of mega projects at home and abroad
in other ExxonMobil news
ExxonMobil plans to expand carbon capture and storage (CCS) at its La Barge, Wyoming facility, which
has already captured more CO2 than any other facility in the world.
The expansion project will capture up to 1 MM metric tons of CO2, in addition to the 6-7 MM metric tons
already captured at La Barge each year.
Neighbour , planning to beef up its Wyoming operations and carbon capture in the state
:))
Perhaps , in another office of the same building, sorting our opl/PPL , it is the end of the month
after all (sedar rna - jv agreement extended until the end of November lol)
:))
Hopefully he is busy elsewhere HFB
Here we go cool
KK did not make this one himself , meeting of Nigerian National Petroleum Company (NNPC) Limited
and a delegation of the Independent Petroleum Producers Group (IPPG) attendees included
Dr. Ladi Bada, Shoreline Natural Resource
https://orientalnewsng.com/nnpc-and-independent-oil-producers-engage-on-industry-reforms/