Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
As we speak, the Eroton office in Victoria Island, Lagos has been sealed by the Federal Inland Revenue Service over non-remittance of taxes to the government running into tens of millions of dollars. Eroton is currently bogged down by numerous court actions including winding up litigations against the company by several parties, not to mention allegations of fraud and gross financial mismanagement. It is in the best interest of the nation that the asset has been taken over by NNPCL to facilitate the seamless restoration of operations on OML 18,” the source stated.
this why ther no bargin. this why there no oil in eli asko ship.
Although there had been issues with the NCTL pipeline, Eroton is said to owe both Shell and Aiteo over $80m in outstanding levies and all the barge operators it had hired to evacuate the crude.
this what calasjunkie and blackswan and me and lots of othur posters bin warnin about. this what the rampurs bin tryin to hide.
The source confirmed that it was discovered that the NNPC had previously commissioned a forensic audit into Eroton’s handling of OML 18 which revealed a multitude of issues including non-payment of oil royalties, mismanagement of funds, insider dealings, using JV funds for personal debt servicing, non-remittance of taxes, technical incompetence, loss of value to Joint Venture partners and zero lifting of oil since July 2021.
hopein my shortin order will execute automatic on munday mornin. so sorry for holders who lisuned to samalaric rampur team
https://punchng.com/nnpcl-takes-over-oml-18-as-efcc-investigates-eroton/
NNPCL takes over OML 18 as EFCC investigates Eroton,
The management of the Nigerian National Petroleum Company Limited has taken over the operatorship of the Oil Mining License (OML) 18 following months of inactivity caused by a multitude of issues thought to include the diversion of funds, governance infractions, and indebtedness to JV partners.
Other reasons given for the takeover were Eroton’s inability to meet contractual obligations, inability to meet work programmes, inability to deliver on its committed Field Development plan, prolonged debt to the Federal Government, and closure of office premises by the FIRS for over a year, among others.
mr blackswan here is tickurty tok vidio of eli asko from june for you look see https://www.tiktok.com/@arayuwa_01/video/7108338522003688710
samalaric gone very quieut whils the red lion doin botum plumitin agen. be bizze bee shorting away
stephen the stuff in the ground is wurld class asset but gettin it to market infrustructure is the worst in world. no point in wurld class asset if you cant sell it.
wat the red lion is becum is world class shorturs delite. an the marlet nows it includin malky rampers and all the pundits playin with yer munney. not one ovur inflated pundit valuashun got any where near rite over the years. £1, very funny.
sam i see why you mus be wel donked of aftur crowin at byin at 37p in 2021. so you holdin on to bigger loss than yer besty mate sle fake guru alaric. dont listun to them tipsturs here. histury prove them ronger than rong.
do yer own resurch and not listun to desprut long term holdurs with loosin pusishuns who say they dun so caled researched and have sincerely held views. they lost and years an years of despurut ramping postins prove it.
FTSE heading for new all times high. the red lion still goin red.
so alarik buy most of his share 6 year ago at 29 pennies. today they worth 28pennies. he call that a great investmunt lol while tellin everyone aim market is dangurus but rewardin. lol
while the red lion goes reddur today FTSE reach record high
no wundur 360800 not happy with alarik and his well researched and sincerely held views.
afa spot on there sam
nother 2 welheds blown up.
Nigerian indigenous oil and gas company, Eroton Exploration and Production Company, has confirmed a well-head fire incident that occurred at the Akaso field of the Cawthrone Channel operational area of its OML 18 Asset in Degema Local Government Area of River State on January 20, 2023.
https://www.thisdaylive.com/index.php/2023/01/24/eroton-confirms-well-head-fire-incident-at-oml-18-asset-suspects-sabotage/
no needin for anee cordinatud manipulashun with the red lion. just wait for the over promis never to be delivered. works every time. lo, 10 years of over promis no delivery so it dead cert its gunna happun agen and agen and agen.
thankin you mr fannins for yet unother grete christmius bonus for all the regulur shorturs.
the red lion. shorturs delite. never fails for the pashunt tradur.
quids in. yo ho ho.
hey samalarik. save you do guessin why don you read deklars finanse report posted by mr callusjunkie it say there aint bin much oil pruducshun so yer answer is there aint bin much oil bein barged eh. lol
The first nine months of the year have presented numerous challenges for the Company. Almost all of them can be
traced back to the lack of stable and sustainable production volumes of crude oil from the Oza Oil Field.
https://www.decklarresources.com/investors/financial-reports/ it a bad report full of excuse why they not performin well. very very far from ovur optumistic rampur reports that get posted by the mega rampur here.
malky must not bin readin this report. lol
zac philips report19 Dec 2018 16:36
mr alaric yes that is an old report. yes since then we have had news of barryroe farm in and drilling on oml18 and share buy back. i thinik you will find an upto date report on the value of this company after all this good news right under your own very nose on this page. even with all this good news the company is worth less than it was since that old report was written. value today is less than yesterday and less than the day before. it is 23.4p and falling every single day for months. can you explain that to me please as no one belives it worth £1.20 or even 50p or it would be heading upwards not downwards. i am sure you have a very very good explanation for me. thank you.
a propur Christmas stufin 27 Dec 2021 11:13
The new share series are expected to return up to US$40mln over three years. They are designed to provide a cash return to existing shareholders, replacing what may have been paid out had outstanding loan note repayments been recouped. San Leon is to waive final outstanding loan note repayments – of around US$99mln – in exchange for a larger equity interest in the Midwestern vehicle.
bluril your opinion fri 9.17 v my opinion if you dont mind me havin one. i think they the same but i fill in between lines.
40millions dola of share mite get isue that replace 99millions dola loan owed monies that wus goin be shared with ordinury sharholdur. no garantee leagal jam tomorow words as usual. now mean the red lion save big time 60millions on payout to genuin sharehold and use it towards buy midwesturn deal. we buy cumpuny that cant afford pay it det notes. the red lion get 3 year to give measly small 40 in dividund insted of share of big 99millions. always good trik to drop bad news rns on friday or jus before long holiday.
remembur guff and asumpshuns from bull s last two year alway sayin wait for the never coming big 99millions loan note repaymunts shareout soon we all be rich but it wuz Afantusy. like i gess it not goin happen . nother great right gess predicshun frum Afaliure.
enjoy holiday. great for do yer own resurch time.
Afamiliurpostur
samalarik. propuganda you say. you shore now all about that don you just. you worst lawman in the wurld. hope you not charge much fur yur incompitunt law advise.
you need try hardur to scare away legal right of free speach, it just make you look ignurunt fool
pro
yes mr hxul you mite be rite when you say Presumably if/when SLE gains traction they will simply take it private ?
and it look like they wood be goin get it very very cheap aftur gettin mug investurs to finance it all.
only 34pennies an bein walked down slow but shore evury day.