Member Info for Adieuk32

Some large trades went through the book earlier, maybe more Shorts closing.

Either way, JSE is due on-stream anytime now, adding over 30k BOPD.

Gl all

30P is about to break, then a big gap up to 60p

JSE NEWS will help it on it's way.

GL ALL

Just had confirmation from IR, as soon as JSE is all hooked up and flowing, they will release this news in RNS.

As this is imminent, could drop anytime.

Gl all

Put that in your pipe you shorter scum.

$77 was the resistence/support, as predicted, but judged by the shorter scum to be incorrect.

Go fook yourself, 30p is coming.

Gl all

Poo marching on the way up to $80

Current price $78.44, should have a good start to next week.

Gl all

So there was no resistance at $77???

Watch it fly up to $80.

Where’s my grandma, got to teach her how to suck some eggs lol. 😀 😀

Gl all

Says the 2 day member.

Lol.

Gl all

2nd go at it failed, 3rd time should see it push through the resistance.

Gl all

If it brakes $77 should see a nice push to $80

Could go tonight.

Gl all

Https://energycapitalpower.com/ghana-oil-and-gas-outlook-2023-2027/

The Jubilee South East field, situated in Ghana’s Cape Three Points concession area, is expected to average 37,000 bpd by the end of 2023, and is operated by oil and gas exploration company Tullow Oil (38.98%), deepwater exploration and production company Kosmos Energy (38.61%); the GNPC (19.69%); and South Africa’s National Oil Company (NOC) PetroSA (2.72%).

Meanwhile, the potential discovery of significant oil and gas deposits within the Ntomme Far West Development have resulted in the implementation of a pre-feasibility analysis of the field, with the drilling of a proposed well poised to commence this year.

India's ONGC Videsh Ltd (OVL) is waiting for clarity on the equity structure of a block in the Lokichar basin in Kenya from Tullow Oil before bidding

It’s a case of how much of the pie they want to buy.

Key word is “Number of interested parties”.

BIDDING WAR FOR OUR BLOCKS

“The prospective partners remain engaged and detailed farm-out discussions continue with a number of companies,” a Tullow spokesperson said by email. The company remains focused on securing a partnership this year.

GL ALL

ONGC Videsh Reconsiders Plan to Buy Stake in Kenya Oil Project

https://www.bloomberg.com/news/articles/2023-07-04/ongc-videsh-reconsiders-plan-to-buy-stake-in-kenya-oil-project-ljoi0d5b

They can have the lot for $2 Billion, just covers our exploration costs to date.

Gl all

RNS Expected tomorrow on update of Ghana Gas Agreement & TEN Revised Development Plan.

Any good news on this, then 30p will be passed before opening up.

Gl all

IR have already said that under market regulations,,news on these catalyst events would warrant an RNS.

Gl all

All due to be announced very soon.

6 month Gas agreement ends tomorrow, so. Expect News on Monday

Gl all

Welcome to the club Rahul.

Just the other directors to go now.

Good confidence boost.

Gl all

This could pave the way for more institutional investors to buy in.

Gl all

https://www.tullowoil.com/investors/corporate-bond-and-credit-rating/

Says it all really, further director buys going through, I wonder how many Rahul is buying ;) ;)

Gl all

Jubilee South East Development, is due to come on line next week, adding circa. 30K BOPD GROSS (Around an extra 12K BOPD Net to Tullow) This has been ongoing for over a year, and will tie in all the new wells previously been drilled to around 110K BOPD from Jubile alone, adding significant cash flows for H2 2023.

Also we have Ghana Gas agreement due to be signed from 1st July 2023, adding resources and balance sheet incremental amounts, due to long term contract agreement.

Kenya FID is due to be passed to the government for approval, any time soon.

Just a few catalyst events on the cards this next quarter.

GL ALL