Member Info for blackgold00

MD248, but Ntorya gas is not designated for LNG

agree as a sweetener, and maybe sign up as Operator of Nyuni and finance the 3D work-program ?

yes, but ARA will be the operator, so that then begs the question, why have they just hired a (Chief Operating Officer) if they still aim to be a non operating company ?

Appointment of Chief Operating Officer

Wentworth (AIM: WEN), the independent, Tanzania-focused natural gas production company, is pleased to announce the appointment of Mr Aaron LeBlanc as Chief Operating Officer of the Company, with immediate effect.

what is WEN waiting for i wonder? if they are interested in SCIR 25% of Ntorya, then mayby they are waiting on the initial 3D seismic results, before concluding an agreement ??

Thanks to CP
https://www.londonstockexchange.com/news-article/WEN/operational-update-and-2022-production-guidance/15302038

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"The Company continues to explore and evaluate growth opportunities both within the Mnazi Bay licence and the greater geographical region to support increasing in-country demand for natural gas"

Tuesday Blues then ?

"The acquisition will consist of approximately 338 km² of 3D seismic data focusing on the area of primary interest. AGS will mobilise, weather permitting, and focus on the proposed location for the Chikumbi-1 well ("CH-1") to acquire as much data as possible before the start of the rainy season with the programme re-commencing after that with no additional cost to the JV partners."

yes, "once the CH-1 location is finalized" so we should get confirmation that the current CH-1 drill site will be drilled.

2,681,137 @ 0.88, and they got it as Unknown* ?

i'm saying that because they have planed to combine the 3D work-program over Nyuni and the KNDL.

"Need to see some progress/plan for Kiliwani now the tax dispute is resolved?"

yes agree, though i have a sneaky feeling that the (Kiliwani north development license) is going to be part of the farm-out package that they are attempting to negotiate, the farm-out of both NYUNI and KNDL.

its been about a month now since the 3D operations started and its looking like the weather at Mtwara is still holding up. lets hope good progress is being made

https://www.metoffice.gov.uk/weather/forecast/kyhtdk4pj#?date=2022-01-12

sorry to hear that frank, but who is Simon/BD ?

not in that direction though.

slow and steady is fine by me, can't take to much excitement these days.

"I guess buying that amount of shares wouldn't be possible."

good point POC

at lest there's only 3 of them now

yes no doubt the information gained from the seismic and the CH-1 drill ie (the potential size, flow-rates etc), will then be better understood and enable the ·" Conclusion of negotiations of the Gas Terms for the Ruvuma PSA." to be agreed which according to the terms of the 2 year extension should be concluded .

welcome back Crusty, hope you enjoyed your break

and then the get together for the big party : )