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Anyway, not that i can speak from experience but i heard lady boys are only interested in consuming two things, one is money
not these days buddy, a wopmen now thinks if she cant drink like a man she aint equal lol
oilex in terms of joa have first refusal anyway. if gspc attempted cheap bull to a buddy, oilex can have at same price first. if gspc got bull extortionate value ? what would that do to our sp.
they put all up for sale, whilst oilex did not have the money they did make a bid and it was declined
LMAO. but what happened next , you were then in its car in the bloody garage lol.
Bet it told you she never had or never could lie to you? second thoughts lol, that would have meant it was a women lol
We somehow got a gas sales contract with a company that chose to remain anonymous lol that cant take all we can supply in a country in dier need and so on so on . Who and why an anonymous gas sales contractor? Total orchestration to keep it for the boys inmho
oilex are a producer of gas,,,,,,,and oil. most lucrative stuff is shut in at mo. theres lots there that peeps are not aware of.
77h was a proof of concept multi frac well. it outstripped all demand. it has never been properly tested ( its all bullshit against asset value inmho) 77 and 73 which was drilled and tested years ago and then shut in for many years (then connected along with 77 to low pressure pipeline. Just to give you an idea 73 the minno of the two supplies local demand on its own.
I also will never distract from the fact watts and bhandari want control of this and have forever been part of it and the sp
one successful full productive multi frac well, you are looking at ten times my cheap as chips, but wo would want to sell for that with the trillions of potential extract.
Yes retour, and the main fact is that oilex have renewed both licences etc, They are the operator and agreements exist by law, so both cambay and bhandut are lucrative assets if were ever sold.
A sale of both I would estimate at around 33 million on the cheapest as chips side. look at mcap
Whilst cambay has huge potential and a huge value above M/cap. Facts not blind ramps.
One other asset that not all peeps are aware of and that has been up for sale and discussions with interested parties throughout 2018 have been taking place is bhandut. Oex owns 40% (again value higher than mcap) and gspc the remainder, oilex is operator of this too. A sale imminent would sky this sp.
BHANDUT FIELD, GUJARAT, INDIA
(Oilex: Operator and 40% interest)
Oilex holds a 40% equity interest in the Bhandut Field, with GSPC holding the remaining PI. Previous drilling in the Bhandut Field intersected a number of hydrocarbon zones, some of which produced historically and are now shut-in.
On 4 April 2018, the Company announced that it had received notice that the MoPNG had approved the proposal for the grant of a ten-year extension to the Bhandut PSC.
The field is currently on care and maintenance, however, the field has ongoing production and exploration potential, coupled with existing production facilities. During the quarter Oilex received no payments from GSPC towards outstanding cash calls for Bhandut.
They deposited with court is the main point, but no debt has been transferred to oex. Oex were not in dispute with court to recoupd debt as they have been in that dispute for a long time and failed to get resolution. They are now requesting 100% transfer due to default of such a lengthy period and Gspc breaking terms of JOA and oex exercising their right on such default.
Again no debt or cash has been paid to oex. Gspc were ordered by court to deposit cash and guarantee to court, not oex.
They were also ordered that they must if desire arbitration commence arbitration by 1st December. which they have now invoked
Gordon, Oilex have requested that under the terms of joa that 100% of cambay be transferred to them.
The reasons are that Gspc did not pay as requested in the JOA and continued to default.
The debt has not been paid to oilex, Gspc have simply complied with court order thus far and presented a bankers guarantee to court, for court to deal with, which I guess depends on the outcome.
The issue is that GSPC defaulted and under such default oilex have requested their rights of 100% ownership, Gspc are somehow contesting default hence arbitration to avoid transfer of 100%
However, no debt has been paid and its possible a deal could be done.
Also dont forget about bhandut.
Anyone see thyae CODE 1? no one made mention
one wonders what support is, and why it wasn't supported at .57,,,.47,,,,.37, lol when experts said it would be 1p now'
Wat a load of contrived robbing sh,,,,,,,,,te
but read the rn's again and tell the lot, also ask align why we are not 1p sp lol
As much as it is a dream for me to see sp at 3p, Gspc will have so mush sh*t to throw at us within what bhandari di, charged them from IHL, other deals etc, and whilst bhandari is mates with lots of them too, this is why I say dyor from history. Cambay and bhandut too are mega assets. I'll list why for the 10000th time if you want, but theyn are required cheap as chips making all those involved with the assets, from directors, mm's and brokers, financers, and major shareholders rich.
NOW THEN, who paid them all, ????????????????? from rights, financing, spikes and drops, lieing bull
etc etc
Spud again with all due respect. Oex went to court to transfer to them the holding (55%) of Gspc for reasons of breaking JOA, non payment, non compliance of agreement etc. Oex did not request arbitration, they requested court order on grounds of JOA
Gspc disputed and have done for two years to my knowledge, so the court ordered what it did (more bull) and that Gspc must commence arbitration prior to 01/12 /2018 if want to dispute breaking of JOA (in simple terms) and they have.
the only way you ever get anything for free in this game is if you are fortunate enough to hit a lucky low and slice when influential get it doubled...…… never miss that free ride if ever you get the chance. what else would you ever get for free, don't be greedy, especially in this carp
shouldn't it be 1p (when gspc paid request to court lol) and heading to 3p on expectation of outcome.
Align> money makers too
sorry forgot to paste
https://www.dnaindia.com/business/report-saddled-with-rs-13000-cr-debt-gujarat-state-petroleum-corporation-wants-loans-restructured-2620963