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https://twitter.com/Fadec92/status/1583029415402823680?s=20&t=LBkcGXLznUuXAbUligmJIQ
TomCo Energy Plc.
Looking ready to move up higher now.
Broken though Resistance. Momentum indicators looking good also.
Petrel calls for Reform of Iraqi Oil Contracts
27th September 2022 in Iraq Oil & Gas News, Politics
By John Lee.
Petrel Resources has said that Iraq's Ministry of Oil should negotiate Production Sharing Agreements to replace the existing service contracts, as, "this would better align the interests of the parties, and create more wealth, value-added in downstream industries like refined products and petrochemicals, infrastructure and employment for Iraq."
In its unaudited interim statement for the six months ended 30 June 2022, the company mentions that an updated development proposal for the Merjan oil field has been submitted to the Ministry, but adds that it "requires an operating Iraqi Government in order to proceed".
It adds that its Iraqi Director, Riadh Ani, has resigned in order to enter public service.
More here.
The company claims to have an interest in Iraq's Block 6 in the Western Desert, subject to ratification.
(Source: Petrel Resources)
Share
hxxps://www.iraq-businessnews.com/2022/09/27/petrel-calls-for-reform-of-iraqi-oil-contracts/
Zac on Tomco today ;)
https://www.v*o*x*m*a*r*k*e*t*s*.co.uk/articles/-9c23a4a
"And today, we're going to present an introduction to heavy oil operation and these operations are being proposed by two companies. They're actually performing a joint venture called Greenfield Energy, the two companies are Valkor and Valkor's subsidiary Heavy Sweet Oil LLC and Tomco and Tomco's subsidiary AC Oil LLC ..."
https://www.youtube.com/watch?v=Y_pDL2e1VB4
2 minutes into the clip, great find rmart ;)
Forget every time ! remove the *s
Things looking very positive ;)
https://www.v*o*x*m*a*r*k*e*t*s.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-august-19-e217c0a
Things looking very positive ;)
https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-august-19-e217c0a
All looking good for Quadrise ;)
https://uk.advfn.com/stock-market/london/quadrise-fuels-QFI/share-news/Quadrise-Fuels-International-PLC-Issue-of-Share-Op/88753281
Has to be said the drone footage of the first RPC unit at the Vernal Utah site is worth a watch ;)
https://vivakor.com/video-images/
Proactive investor interview - Quadrise agreements and updates
c10.40 Utah progress - assays and core samples being analysed, better than previous and no red flags.
On track for commercial agreement Q4 ;)
All good
https://twitter.com/QFIPLC/status/1552587538820468736?s=20&t=jQS5YK2RRTfez0I05hjgzA
Quadrise Fuels International PLC
@QFIPLC
·
We have signed a Framework Agreement with MSC Shipmanagement. Trials will use both bioMSAR™ and MSAR® on one or more commercial container vessels, as essential precursor steps to the intended commercial supply of these fuels to MSC’s global fleet.
#QFI #Shipping
@MSCCargo
https://www.londonstockexchange.com/news-article/QFI/framework-agreement-with-msc-shipmanagement/15557654
The Iraqi Oil Minister from Paris: We are continuing to implement the "Total" contracts
2022-07-14 16:55
Shafaq News/ Today, Tuesday, the Iraqi Minister of Oil confirmed that the implementation of the group of oil contracts concluded by the ministry with the French Total is proceeding.
This came during his meeting with the CEO of the French Total Energy, Patrick Pouyanne, in the French capital, Paris, according to a statement received by Shafak News Agency.
Oil Minister Ihsan Abdul-Jabbar Ismail said, according to the statement, that "this meeting came to follow up the technical and administrative progress of the four contracts within the agreement, including following up on the Artawi field gas investment contract after signing the design contract for the Artawi Central Complex between South Gas Company and KBR in cooperation with Total".
Ismail pointed to "discussing the sea water transfer project for its importance in sustaining and increasing the production of oil fields in southern Iraq, as well as researching the development of the Artawi field and the mechanisms for implementing an investment project (1000) megawatts of solar energy."
For his part, CEO of the French Total Energy Company, Patrick Pouyanne, affirmed standing by Iraq to achieve its development goals in developing the energy and oil sector, stressing that Iraq is one of the most promising countries in attracting global investments to implement projects in this framework, and that Total is committed to partnering with the Iraqi government for its keenness. To deal with us transparently, and to achieve the principles of mutual trust in a way that serves the common interests.
It is noteworthy that the Ministry of Oil has concluded a set of contracts with Total, which is the largest in the history of the local oil industry in terms of the volume of investments that are monitored by the international company and the Ministry of Oil.
https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%85%D9%86-%D8%A8%D8%A7%D8%B1%D9%8A%D8%B3-%D9%85%D8%A7%D8%B6%D9%88%D9%86-%D8%A8%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D8%B9%D9%82%D9%88%D8%AF-%D8%AA%D9%88%D8%AA%D8%A7%D9%84
If you look on the Vivakor website you can see their Utah in operations and pics in the media sections.
hxxps://vivakor.com/utah/
hxxps://vivakor.com/video-images/
As you can see the first Vivakor plant is very much up and running and ramping up to full production. They are also due to set up and start production on three more RPC units this year so definitely all systems go there with 3 percent oil, 50 percent sand and costs for providing the oil shale going in the kitty ;)
Petrel to submit proposals to Incoming Iraqi Administration
29th June 2022 in Iraq Oil & Gas News
By John Lee.
Petrel Resources has said its Iraqi business is being "re-galvanised" (sic), with data bases being updated, and updated proposals submitted to the incoming administration.
In its audited results for the year ended 31st December 2021, the company said it is strengthening its Iraqi team, and has invested heavily in the training and development of its Iraqi staff.
It adds that its Iraqi Director, Riadh Ani, has maintained strong relationships with Ministry of Oil officials, being "highly regarded as the son of one of the most successful drillers in history: his father Mahmoud Ahmed had run Iraq's North Oil Company, and also the State Iraqi Drilling Company."
The company claims to have an interest in Iraq's Block 6 in the Western Desert,
subject to ratification.
(Source: Petrel Resources)
hxxps://www.iraq-businessnews.com/2022/06/29/petrel-to-submit-proposals-to-incoming-iraqi-administration/
Think you are wide of the mark there, sorry. More likely that finance is related to the drilling permits and once we receive them, then the ball can start rolling on multiple fronts.