Member Info for blackgold00

"10 common dolphins" yes lovely, been going out quite a bit on my mates boat this summer off of Plymouth lots of mackerel and pollock no Bass though, and thornback ray. and yes seen loads of porpoises, its been a fantastic time. Berry Head, did you walk down to the quarry and old jetty, good fishing down there.

and not surfers but suffers : ), i know i put a smile on your face RoJo

thwev = the

well what do you expect, it needs time to digest and half thwev time i think it surfers with constipation. lol

poor old Rojo, i think you might have missed a few things like license extention granting of 3D seismic : )

yes agree.

Kiliwani North and Nyuni
H/Y
"The Company continues to explore the opportunity through remedial work to restart production from our Kiliwani North well. We, therefore, continue to see value in Kiliwani North through a low-cost remedial work programme. However, no work can progress on Kiliwani North until resolution is reached on the Kiliwani North receivables. The Company continues to hold robust discussions with the Tanzania Petroleum Development Corporation ("TPDC") in seeking resolution of the outstanding payments for past gas sales from the Kiliwani North development licence. Both parties are aligned in the acknowledgement that these matters need to be resolved satisfactorily for the benefit of the local gas industry and to enable Tanzania to secure further investment and upstream gas development."

yes Max let them go, when you have the likes of HE1 now with a market Cap of £50m and AEX now at £26m just about tells you all you need to know about stock Markets rationale when valuing stocks. lol : )

yes all good, i think i can go back to bed now and get to sleep : )

yes, i think ARA/APT are defiantly on the ball. onwards and upwards from here.

yes Ufufuo, agree, now the money is being spent and the Ntorya 3D seismic commences , the market will now take the project seriously and begin to revalue the assets, and for starters Ntorya with a (mean risked recoverable gas resource of 1,990 Bcf)

i wonder how much the lumpsum contract was for, and when that lumpsum has to be paid?

"has been able to take advantage of favourable market conditions securing a lumpsum contract considerably below the joint venture's expected budget for the activity"

AGS
http://www.ag-services.org/

working nights this week, but just came down stairs after waking up, and fantastic news.

the other thing is, its difficult to put a value on SCIR 25% prier to the 3D and CH-1, or indeed befor the ("Conclusion of negotiations of the Gas Terms for the Ruvuma PSA") which could make all the difference to values oneway or another.

yes agree vike, maybe a %, but would that suit SCIR, im unsure which way this will go.

H/Y my brackets

"The Nyuni Area is proximate to the Kiliwani North licence and consequently in an area of existing gas infrastructure. (We see this as another opportunity to reduce risk by pursuing a consolidation with another operator in country or a farm-in partner to assist in the further development upon Completion of the Farm-Out.)"

well yes maybe, "Funding agreed with ARA Petroleum LLC for US$1.7 million to assist with working capital requirements of the Group" or maybe, it could be taken as, IF, there are merger talks going on, then that financial support would let any potential merging partner know, that Aminex with its very valuable assets are not in a desperate negotiating situation.

what about a merger between AEX and WEN ?

and with Wentworth's Gross 2P Reserves of 90.8 Bcf or approx. 30 Bcf net. its not doing any work to add to future growth sitting where it is.

would the best deal be with AEX or SCIR, which ever it might be, i think the time is approaching when we will find out.

Wentworth Financial Results
"Strong financial position with $21.0 million cash in hand at 2 September 2021 (2 September 2020: $16.7 million) with zero debt"

well yes, would be nice Max, though i guess, not being the operator, we reliant on ARA/APT to transmit news if and when.