Gas sales Agreement25 Jan 2024 21:05
Alot ot talk on here, how Rahul has added the Gas revenue to the year-end figures.
There's only one explanation, in order for this to happen, a long term agreement must be about to happen, as Rahul has stated this is the only way they can book the reserves and production data into the accounts.
IMHO prior to the 6 March results, we will have the Gas sales Agreement, TEN FDP Plan and an update on the Arbritration hearing along with the FPSO on TEN Lease.
The RIG is secured until next year, so either it's going to be released early, or it will re-start the TEN Field Development Plan Drilling campaign.
Looking at the late BUY trades, i'd say the next few weeks are going to be interesting.....
Gl all