Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Good to finally get confirmation that we're over 100kbopd at Jubilee from a reputable source.
"Energy minister Matthew Opoku Prempeh told S&P Global Commodity Insights on the sidelines of an energy conference in Accra, the country's capital.
Currently, Prempeh said, Ghana is producing some 130,000 b/d of crude, most of it from the Tullow Oil-operated Jubilee field, which is pumping over 100,000 b/d after a successful 2023 infill drilling campaign. Tullow's TEN and Eni's Sankofa fields, in which Vitol is a stakeholder, make up the remainder. Almost all of Ghana's sweet crude is exported, primarily to China and the Americas, according to S&P Global Commodities at Sea data."
Https://x.com/TullowOilplc/status/1781290839970390279
If you look at photo 1 on slide "Partnering with host nations" that photo was taken in Kenya. Is that a clue that Kenya is imminent?
This is where the photo comes from:
https://x.com/GvnLomorukai/status/1681298356503543808
I know how you all love my obscure Twitter links ;-), so here's an interesting one and they don't come as more obscure than this ....
Dr. Dan Ojowa @danojowa2027
Emperor, Chairman, President & CEO at THE OJOWA EMPIRE
Posted yesterday ....
https://x.com/danojowa2027/status/1780283595044646945
"Petrojowa is exploring how to be involved in Turkana (Kenya), Mozambique, Uganda and South Sudan oil and gas development and production!"
Posted on 5th of April
https://x.com/danojowa2027/status/1776138089607401953
"Petrojowa Group is legally incorporated as Petro Ojowa Group LTD. Petrojowa deals in Exploration, Development, Production, Refining, Distribution and Marketing of Crude Oil, Natural Gas and Petroleum Products. Our journey begins officially."
There is very little info on this guy when you Google him, however there is one TikTok where he says he's running for Kenyan president in 2027. Not many views on it though.
https://www.tiktok.com/@danojowa/video/7325708710817352965
Also no info on Petro Ojowa Group LTD when you Google it. So is this legit and this is the start of a new company in Kenya in which all the relevant government ministers will have stake in order to get their gravy from the oil in Turkana or is he just as insane and deluded as JMAX aka NSVPatel/Stalinvest/etc.
Leaning strongly towards the latter.....
Been a little while since I've done one of these calculations as they've been a little depressing until recently :-)
52 Week High 39.94p
52 Week Low 21.84p
Current share price 36.58p
Shorts have lost 45.32% of potential profit since the year low
Longs have lost 8.41% of potential profit since the year high
Just filter the fool and his aliases and don't take the bait. Trust me you'll feel a lot better for it and he'll soon lose his hard on if everyone ignores him.
However this seems to suggest we'll have a pipeline in 24 months...
https://x.com/LyobaSteve/status/1779588793181339801
Recovery
@LyobaSteve
Oil&Gas , Geothermal, Institute of Ideas, Entrepreneur, The substitute for energy is poverty - it really is that simple.
"Turkana -Lamu crude pipeline coming up in 24 months. KPC financing building of 19’ pipe to Kipevu oil terminal (KOT) to optimise KPRL tankage hospitality. Work ongoing behind the scenes."
Not sure what this is all about, as besides Supercooper I just see a sea of green. Did chuckle to myself as assume it must be insulting or saying how wrong I get it, which can only mean they're rattled (ok they as it's only one with multiple accounts). I mean who in their right mind shorted this recently in the twenties .....
Oh and it is nice to know that a lot of this recent increase is being funded by Pictet buying back shares, so a big thank you to them. We've seen multiple times now that a 0.2% reduction in a short causes a 5% spike on the day they buy back. Just hope they haven't closed completely before the Kenya RNS drops, as imagine what will happen when they're forced to close 1.5% in an uncontrolled manner in a hurry. GLA
Question for you Stumpy .... in the past you've made predictions that have been pretty accurate based on your charts. Have you done a chart lately and is it following the pattern or is it going against the trend. I'm starting to think we may be on the brink of hearing a very positive development with the way the share price is going, especially if this is against the trend i.e. not in the charts.
Https://x.com/EPRA_Ke/status/1778318745968025814
Published 14th December 2023
Read Page 34 .... 5.1 Upstream Sector
https://www.epra.go.ke/energy-petroleum-statistics-report-for-the-financial-year-ended-30th-june-2023/
Published yesterday
Read Page 33 .... 6.1 Upstream Sector
https://www.epra.go.ke/bi-annual-energy-petroleum-statistics-report-financial-year-2023-2024/
When comparing the 2 reports the one released yesterday gives a lot less detail, however seems to indicate that the FDP will be approved. Not sure if it's just my rose tinted glasses though, however I'm really starting to think we'll get a positive outcome.
LeeRex I've been sniffing away and there is surprisingly little news out there, especially in Kenya. It's either because it's been Ramadan and Easter or it's because all the site visits are done, palms greesed and now the EPRA consultants are busy writing up their reports ready for the 30th June deadline. I've really got a good feeling that we'll get some good news by the deadline..... obviously as the sea of green will no doubt point out, I've been saying that for a few years now. Still, we live in hope ..... a lot more hope then we were 27p not so long ago.
Andoman99 .... what do you mean questionable ..... I'll have you know they're from very reputable sources .... just like this one?
https://twitter.com/Yetouu/status/1777720754294919474?t=BFvnwq-T9uCQig7wLM1eWw&s=19