If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
How about a Marathon?
https://x.com/europaoilandgas/status/1787789437650227439?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
Https://x.com/europaoilandgas/status/1784866850607677668?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
Https://x.com/europaoilandgas/status/1779794289423487372?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
Https://energycapitalpower.com/equatorial-guinea-a-major-lng-hotspot-in-west-africa-signs-on-for-iae-2024/
Posted by Tommy241
Posted by Tommy241 on the other board.
Https://www.adomonline.com/invest-in-equatorial-guinea-oil-and-gas-minister-of-mines-and-hydrocarbons-joins-african-energy-week-aew-2024/
“To attract foreign investment in domestic gas opportunities, the Ministry of Mines and Hydrocarbons is in the process of implementing a series of measures to strengthen the business climate for oil and gas companies. Various fiscal amendments are poised to come into force this year, including a reduction of Corporate Income Tax from 35% to 25% – translating into a reduction of 10 points – and the reduction of Dividend Tax from 25% to 10% – a reduction of 15 points. AEW 2024 will showcase upcoming opportunities and competitive investment terms, connecting investors to Equatorial Guinean projects.
Speaking during the 2023 edition of AEW, Minister Ondo said that “We are open for business, we are open to host new investors and we are inviting you to be very pragmatic when you approach Equatorial Guinea,” and ease of doing business in the country has already led to several developments being made.”
Https://x.com/europaoilandgas/status/1767192491738935313?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
From Tommy241 on the other board.
https://www.con-telegraph.ie/2024/03/07/mayo-election-candidate-welcomes-gas-licence-extension/
Thanks Chas,
Posted by Genises on the I3e board.
Short Sellers in Trouble As Physical Oil Market Defies Data
By ZeroHedge - Feb 27, 2024, 11:00 AM CST
While official data indicates an oil glut, the physical oil market is experiencing significant tightness, as evidenced by soaring spreads, contrary to market expectations.
Factors contributing to the physical market's tightness include supply issues in various regions, including vessel diversions, freeze-offs in the US, worker protests in Libya, and logistical constraints in the North Sea.
Despite the physical market's tightening, financial players continue to aggressively sell and short the sector, translating into high short interest in energy stocks and challenging the physical oil market's resilience.
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Something odd is taking place in the oil market. While on one hand "data" dissembled by Biden's Dept of Energy and specifically its statistical arm, the Energy Information Administration, has done everything it could to indicate there is a glut of oil, which is understandable - there is nothing Biden's handlers fear more than an inflationary surge in oil and gasoline prices ahead of the November elections and will do everything in their power to mandate a dataset that has the most adverse impact on oil prices, the physical market is sending just the opposite signal, with spreads showing screaming physical tightness.
Https://www.europaoil.com/wp-content/uploads/2024/02/20240227-LSE-Webinar-1.pdf
No doubt the presentation will be put up on the website shortly for anyone who missed it.
From the end of Jan Tennyson note.
Plenty for EOG to play for.
Today’s extension has vastly improved these chances of a commercial development. Applying an overall (geological plus commercial) chance of success of 20%, we carry a risked valuation for Inishkea West of 4.15p/shr (of a risked Total NAV of 15.83p/shr, including Onshore UK 2P+2C, 1.2p/shr, Cloughton, 2.27p/shr and Equatorial Guinea 5.65p/shr). Each, individually, comfortably in excess of today’s share price of 0.9p/shr*.