Member Info for blackgold00

Hmmm, Seance do you know, what ARA next update could be.

RoJo, why are you behaving like such a clown, I thought there was more class to you.

"President’s official announcement signals a major acceleration in Tanzania’s domestic industrial gas demand — "

Yes, and we can expect to alot more of this kind of high profile exposure from the Government of Tanzania as the election in October draws nearer

Plus Tanzania's offshore gas is many years yet before coming ashore.

You're working hard this morning rojo . eh ?

"GET IT NOW ? TARGET MISSED."

What do you want a bloody miracle rojo, lol, theres Living accommodation to sort out, thousands of 14 inc pipes to fabricate, mobilisation of plant machinery. Yes it's started alright and no doubt you'll start to see the physical laying of the pipeline soon enough on satellite.

"Thank-you prosciutto for that refreshing assessment."

RoJo, it's way past time for your character change, we could all help with suggestions of a new name.

Look I mean you're even putting of Crusty, I've not seen him for a few days now. Yes a new rojo would be much appreciated thanks 🙂

"– And ARA wants Aminex onboard long-term, for valuation alignment and international access."

This is very relevant to our perceived value of Aminex Ntorya asset, of course whatever value, (market cap) the market put on Aminex, APT is valued X3, not much at the moment then. Yes a big re-rate is on the cards

Two of them both together slithering out from under their stones 😀

"L you speculate away to your hearts content BG, "

Typical crusty, lol yes speculate, its the name of the game, providing its with factual info RNS s etc

 "pipeline tender"

Yes THE TPDC new before who would build the pipeline.

"(TPDC) launched a restrictive tender for the procurement of an engineering, procurement and construction "

"as the most convenient, cost effective option "

Yes, I really don't know how much a saving a rig share would be, ( apart from transportation and maybe a longer contract?) The thing is m&p rig is in China, considerably further than pos mentioned country of the mid East.

From April AR,

so the drilling contract has been under review for over 3 months now and it looks like the tender is ready to be issued ?

"Drilling contract options are presently under review for the subsequent drilling of Chikumbi-1 ("CH-1") and the workover of Ntorya-1 ("NT-1").

It looks like from this the drilling rig / Company is already known and ready to receive the tender strategy which will be the CH1 well design targets etc.

We know APT has kept contact with the rig owners.

Yes I think once pura grants permission APT are about to push the button.

"Once APT receives approval from PURA, it will immediately issue the rig tender and tenders for other necessary services, expecting to do so no later than mid-August 2025."

Considering the wording of last op update, ("PURA requested this strategy to expedite the tendering process") and the uncertainty with the availability of the M&P rig, then I can't see sharing as a serious option especially if the aim is to drill CH-1 before pipeline completion?

"· Earlier this week, APT presented a tender strategy to the Petroleum Upstream Regulatory Authority (PURA) for contracting a rig to drill the Chikumbi-1 well and perform a workover on the Ntorya-1 well, along with all related services. PURA requested this strategy to expedite the tendering process. Once APT receives approval from PURA, it will immediately issue the rig tender and tenders for other necessary services, expecting to do so no later than mid-August 2025."

The 3 well programme planned by M%P are due to start end of year Nov Dec ?? So with 3 wells to drill there must be alot of uncertainty regarding timing, drilling complications etc and when that rig will be available for ARA to drill the CH-1 well, which would probably take 3 months for drilling and testing ?

PURA partcipate inspection of drilling rig ahead of major gas project | The Guardian https://share.google/aaGCs264jue9IgyS9

"According to PURA, the rig—capable of drilling to depths of up to 8,000 metres—will be used to drill three wells named MS-2, MB-5, and Kasa-1x. These wells are anticipated to boost the country’s natural gas output by more than 30 million standard cubic feet per day (MMSCFD),"

"CH1 to be drilled BEFORE pipeline completion" 

StockCheque, we got further confirmation from others at the meeting, that, that was actually said by board members ?

"PURA requested this strategy to expedite the tendering process. Once APT receives approval from PURA, it will immediately issue the rig tender "

Well, I wonder how expedite PURA will be in getting back to ARA with there approval, anytime now I guess. 😀

Sorry that was from the 3d seismic update results, Feb of last year

https://www.lse.co.uk/rns/AEX/ruvuma-seismic-update-onc65upi3b8jp5q.html