PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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What a coward resigning the day before he was sacked by us holders.
Have done my vote
Yes to 1st resolution and no to the rest
As we need a new team to come along and show real direction.
I have been in touch with HL and they are forwarding my vote.
Ed will not have my vote to stay in
HEY ED WAKE UP!
HEY ED WAKE UP!
As announced on 24 December 2020, Tarba informed its shareholders that final regulatory approval in the form of both Ministerial and Regional authorities sign-off has been received for the transfer of El Romeral to Tarba and that the acquisition could proceed to completion. At the time of the announcement, completion was expected on 31 January 2021. Tarba has now informed its shareholders that, due to slower than anticipated progress made during the period immediately following the festive period, the Acquisition is now expected to complete on 28 February 2021.
HEY ED WAKE UP!
Warrego quarterly update
Tesorillo
During the quarter, Warrego’s UK team continued to work with various government agencies to progress drilling approvals and permitting. There are no financial or drilling commitments attached to the permit.
Subject to further COVID-19 related delays, Warrego anticipates that the open regulatory approvals will be obtained in the first half of 2021 and permitting can then also be approved in 2021. Once approvals and permits are received, Warrego and its Joint Venture partner will finalise the work program.
Warrego is looking at a number of strategic options to unlock shareholder value from both this highly prospective asset, which is close to excellent infrastructure and markets and El Romeral
El Romeral
Acquisition update
El Romeral is an integrated gas production and power station operation located immediately east of Seville in southern Spain. El Romeral provides Warrego with a low-cost entry into Spain’s energy market and a platform to develop localised Operating expertise under the supervision of Warrego’s UK team. During the quarter, national Government approval for transfer was received and completion of the transaction is now only subject to formal approval from the Andalucian Regional Administration which is expected to be gazetted shortly. Completion of the transaction is now anticipated to occur on 28 February 2021.
Operations
The El Romeral power station has been run at a minimum level during the pandemic in order to protect employees. Whilst there can be no committed work program until the acquisition completes, the medium term target is to increase gas production and, in turn, electricity generation at the power plant towards its nameplate capacity via the drilling of new wells targeting already identified development locations / prospects.
Tarba will also carry out a review of the existing wells to evaluation the potential to undertake workovers to enhance recovery rates
On completion of the El Romeral acquisition, Warrego will recognise 2C Contingent Resources of 5 BCF gross and a Best Estimate of Unrisked Prospective Resources of 90 BCF gross
.....shhhhhhhhh if you are looking in here. (Whisper) YOU ARE LOOKING IN THE WRONG PLACE.
PXEN is the other board for PXEN discussion not this one. This is the one where ED sleeps for 23 hours a day ... I hope you haven’t woken him?
(Oh no sorry he’s asleep there too... he’s hibernating till April when he will wake, and arrange an appearance on Proactive or the like to defer everything for another twelve months)
https://www.bloomberg.com/news/articles/2021-01-13/bitcoin-blackouts-and-smog-are-exacerbating-iran-s-virus-woes
"Cities across Iran have been cloaked in thick layers of toxic smog and darkened by blackouts, as the alleged use of low-quality fuel and power-sucking cryptocurrency mining deepen the country’s hardships.
Power plants have been forced to switch to burning low-grade fuel oils to generate electricity because high levels of domestic consumption have led to natural-gas shortages, the semi-official Iranian Students’ News Agency reported. Oil Minister Bijan Namdar Zanganeh denied earlier this week that any of Iran’s power stations are using fuel oil to generate electricity."
Ed Ed the donkeys dead, it died last night with a pin in its head.
ED get out of bed and give us our Christmas gift
HELLOW! ED WHERE ARE YOU
Looks like winter is on us and Ed has gone into hibernation.
While he is sleeping I will keep toping up.
After all tease years wed are near the paper work needed in Italy now.
Aha!
Some investors can see value here would love to now what I have give up getting money back here with 50% down
Chat over on (PXEN)
Still buying going on. (even if nobody is posting!)
This is like waiting to get through to the decorators so they can come round and give you a quote to do a job in a few weeks time before you can then watch the paint dry.
UOG advises 'the operator has now indicated that they anticipate final approval to be granted in October 2020.
We now estimate that production will come on stream in 2021. The planned facilities will have the capacity to deal with c. 2Bcf per annum. (c. 875 boepd).'
Another blue day
Any upwards momentum is good !
Only 600
Only 600% to go and I'll be even...
Only 200% to go to get back even, tomorrow will be good thanks
Somethings brewing.