Member Info for bobbbyrash

Thanks Avi8r for your detailed post as always. Project 3 has to be of serious interest to someone due to the significant size and supposedly low development costs. Maybe not the biggest gas project in the world but definitely big enough 👌 let's see what this week brings. Edale capital have increased their stake so in my view news must be around the corner!

Scroll down to the SAKARYA gas field development where it shows the 'major' investments in the Black Sea. That says gas production upto 40MMcf per day. Our project 3 is supposed to produce 20MMcf after the appraisal work then upto 200MMcf....

In my eyes project 3 is massive so when are we going to get confirmation of farmout and who is it going to be?? Surely our near 3TCF onshore, close to major pipelines is as good as any of the projects shown here?? Look at the companies involved 🤔

The clock is ticking ⏳

4th International Congress and Exhibition Turkey & Black Sea Oil and Gas https://share.google/UE8hppys97w54aFjy

Philip Dimmock speaking this year 👍

The way I'm looking at it now is that if one of the "largest and lowest cost" CCS projects in Europe is not worth 50 million pounds (5p share price) then what is the point of all these studies and pilot test? Discard the oil and gas completely. If the CCS turns out to be valued at 100m (10p) 150m (15p) or 200m (20p) then happy days are coming. The oil and gas is just a bonus as far as I'm concerned.

TotalEnergies Commits $167M To Advance Offshore CCS Research In Brazil https://share.google/35pqM8h104RMDeAqp

So Total are spending 167m on CCS research when they could buy all of Block Energy for 167m with a 'ready to go ' massive onshore CCS project (awaiting confirmation I know) and we will throw in nearly 3TCF of gas and all the oil for free 👍🤔

We've never had all these OTC traded before 🤔

Https://rustavi2.ge/en/news/333244

What's good for Georgia is good for Block 👍

Https://www.euronews.com/green/2025/11/26/this-north-sea-oil-field-is-being-repurposed-to-store-millions-of-tonnes-of-co2-beneath-th

I'm hoping to hear that the CO2 injected in August has successfully mineralised before the year end. Once that is proven then the commercial agreements will be signed. 4 month timescale leads us to Christmas 🎄. The clock is definitely ticking on proving up "one of the largest and lowest cost" CCS projects in Europe. The signs so far are looking good 👌

Not much has been mentioned about the 'new venture strategy' which PH has included in the last few RNS's . There is quite obviously something being worked on and probably something will be announced very soon! "Diversification" was the word used so no idea what this could be 🤔

From the recent RNS.....

"Proceeds strengthen the balance sheet at a time of active commercial negotiations on asset farm-outs and continued progress of the Company's new venture strategy".

I think on HL you have to send a secure message from your account instructing them of your voting intentions.

PH are you reading this? Has somebody emailed the company? It's time to deliver. No more BS.

OPC Supports Block Energy in Landmark CO₂ Injection Project https://share.google/NZt6dhXkFySIDsk2a

Won't be long now.....

Very important last paragraph :-

"As Block Energy and Indorama prepare for the results of the Monitoring, Measurement, and Verification (MMV) phase and plan for expanded CO₂ injection in 2025, OPC remains committed and intimately involved to supporting their continued success".

Did they mean 2025 there or 2026?? In any case they are planning more injection 👍

Https://rustavi2.ge/en/news/332166

The investment just keeps coming!

The clock is ticking on the confirmation of a project potentially worth a billion dollars and more 😎 The wise are buying, the bashers are going to be crying in their cornflakes 😂 Massive storage, massive partners, massive strategic value, massive demand for what we are offering, massive in every word, 💪💪👍

Reflecting on the milestone, OPC’s Group Business Development Manager and Head of CCUS studies Max Richards, commented:

“It’s been incredibly rewarding to see this project reach this milestone. I am very proud to have developed this project and concept from the ground up with Prof. Eric Oelkers. I personally have been intimately involved as the manager on this project, dealing with the intersection of technical and operational aspects, as well as assessing commercialisation routes for carbon dioxide removal. OPC’s role has been central, from planning through execution and monitoring and, it’s exciting to watch CO₂ injection become a reality.

On a personal level, this project connects back to my academic research, making it especially meaningful to see science translated into action. I have to thank the hard work of Guram and his operational team on the ground, and Simon Bary, Block’s Project Manager along with the wider Block team who supported our initial mineralisation assessment. We can’t wait to see this project succeed.”

New pressure method captures 99% of CO2 for just $26 per ton https://share.google/8ZoKfVJhhfUe5HgOB

I forgot the link 😄

Excellent explanation as ever Avi8r! Thanks 👍

Meanwhile CCS technology is progressing, all good news for our massive CCS project!!

Btw the recent posts by OPC and Max Richards praising the progress so far on the pilot injection and stating that they are looking forward to continuing to work with Block on the next stages indicates that all is going well and we are close to news. There is no way they would put out those statements on LinkedIn and their own website if the weekly data they are receiving from the pilot wasn't as expected! Like I've said many times, in my view the CCS alone is a company maker. Forgot the oil and nearly 3TCF of gas! 150m tonnes storage on the low level at a value to block of just $2 a tonne (extremely low estimate) sees us being valued well north of 20p for starters (at the absolute minimum) Now we have a rounded up number of shares in issue it's pretty easy to do the sums. 20p = £200m market cap, 30p = £300m and so on. That's enough for now though 🤔

I've got a strong feeling that things are going to get very interesting before the end of the year!!

Exactly my thoughts Awax.

Just for you Tony. OPC official website 👍

OPC Supports Block Energy in Landmark CO₂ Injection Project https://share.google/93JkWIUWnwwhio42T

I know you are interested 😉

Https://www.linkedin.com/posts/opc-global_carboncapture-ccs-energytransition-activity-7391774271083290624-DR-m?utm_source=share&utm_medium=member_android&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4

Just for you Tony 😂 I know you missed it when I posted it last week 😉