Member Info for blackgold00

not much longer Seawolf

yes I kind of agree Crusty, though all the wells drilled so far Likondi, NT-1/2 have spud end of Dec beginning of Jan,

my brakets
http://admin.aminex-plc.com/uploadfiles/aminex_ra2018.pdf

"While awaiting the Mtwara Licence extension to be granted, Aminex has progressed the drilling programme for Chikumbi-1 and has designed and received early environmental approvals for a 3D seismic programme over the Ntorya development. The Company also ran a competitive tender for a drilling rig and selected Sakson drilling to drill Chikumbi-1. ( The Company is well-placed to commence preparation activities for a Chikumbi Dilling campaign to delineate the Ntorya gas field and to test the deeper Jurassic Chikumbi prospect.)"

CH-1 spud before year out, anyone ?

yes very positive, "as we, first, seek to complete the Ruvuma Farm-Out transaction and then progress development of the Ruvuma project as soon as possible."

climbing again?

this link is what I should have posted, it shows the link he posted, he has since tried to hide it by deleting tiptop from the end of it, but it you click on his link, it will magickly reappear on the Bloomberg site.

https://uk.advfn.com/cmn/fbb/thread.php3?id=20855735&from=64789#firstpost

how about getting tiptop to give me a post on ADVFN explaining how Bunbooster2 could come to have his user name (tiptop) at the end of a Bloomberg link. that for Bun had posted on ADVFN, as Bun has never been able to explained it. lol

blackgold00 - 25 Jul 2017 - 11:13:20 - 64809 of 65839

interesting username their Bun, at the end of that link

BunBooster2 25 Jul '17 - 11:57 - 64808 of 64809 0 0

Dollars - Https://www.bloomberg.com/news/articles/2017-07-24/acacia-gets-190-billion-tax-bill-it-would-take-centuries-to-pay?Username=tiptop

is that a fact Crusty, then give us the evidence/proof of your claim

tiptop has been over ADVFN earlier today in his bunny disguise

another push up

2p-2.5p on licence/Farm Out news, 3p-4p-5p on Chikumbi-1 spud/drill, the CH-1 Ntorya appraisal cretaceous target, if results are as hoped, 5p-7p, the Jurassic exploration target, and if that target comes in, then who knows ?????

woo woo

i hope everyone is onboard with their shiny gold tickets

and hopefully from here on the spikes will get higher : )

yes agree Max, but I sense and I think the market is now sensing, that after such a long wearisome PSA review that the end is in sight.

rofl, ?

buck, who's pumping and dumping

bucklerfern "it is highly likely the terms of any new agreement will be less in our favour than previous. A point not really engaged in by the members here."

Dr. David Mestres Ridge (Swala CEO) said: “Whilst we do not expect any significant or material changes to the PSA as a result of this review, "

https://swalaoilandgas.com/documents/Swala-declares-Force-Majeure-under-the-Kilosa-Kilombero-PSA.pdf

Swala Oil & Gas (Tanzania) plc (“Swala” or “the Company”) advises that the Kilosa-Kilombero JointVenturehasdeclared ForceMajeureundertheKilosa-KilomberoProductionSharingAgreement(“PSA”).In 2018 the Joint Venture resolved the issues of permitting that had prevented access to, and drilling operations in, the Kilosa-Kilombero area. In late 2018 the Joint Venture commenced the tendering process to select drilling contractors and teams.

InJanuary 2019 it selected a drilling team and started planning the 2019 drilling campaign. On the 30th January 2019 it was advised by the Ministry of Energy (MOE) that all mattersrelating to the licence extensionwouldbe notified to the Operator once the government hadconcluded a review of existing PSAs.

Licence extensions are now automatic under the 2015 Petroleum Act (“the Act”) and do not require separate confirmation. The process of reviewing the existing PSAs, which are themselves grandfathered underthe Act, is unclear. Until that process has been concluded, the Joint Venture does not have the basis to ascertain what impact –if any –it may have on the timing and approach to not only the exploration drilling but to any subsequent development that may follow a successful exploration campaign.

Dr. David Mestres Ridge (Swala CEO) said: “Whilst we do not expect any significant or material changes to the PSA as a result of this review, the overall impact is to delay investments until the process is resolved. Until such time, the PSA will remain in Force Majeure whilst the Joint Venture maintains a readiness to re-commence its drilling commitments once all issues are resolved.”

yes agree cperkin, anyway the past is the past, its where we are now that counts, and i'm now beginning to wonder, given all that we know, the PSA license review, the assets, CH-1, and the current share price, are we not looking at a golden opportunity, one of those rare occasions that you might count on one hand

just a wee thing, but I think also indicates that Aminex are expecting news sooner this time round, and that is the fact, that the time before, (back in March) the long stop date was extended for 4 months, where as this time round its been extended for just 3 Months.