The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
PCL on the ASX
they have farmed out their portion to woodside petroleum and retain around 20% and have a MC209M
but they are in the orange basin discoveries have already been made there
https://hotcopper.com.au/asx/pcl/
I emailed JMK and asked what was going on with the RTO and here is the reply
Good afternoon.
A draft prospectus has been delivered to FCA. They should review it and give comments when they are ready. However it is never easy dealing with regulators.
When the FCA are happy the prospectus will be released. This will outline the business going forward, valuations, timetable, etc. There will be an accompanying RNS at the same time.
I cannot give you the information until the RNS , etc is issued for obvious reasons. I have all my fingers and toes crossed that it will be this month.
88e 101mc ffs flow rates of 70 bopd
TRP MC2.7M
Highlights
· Flow testing of the Upper SFS (USFS) reservoir confirms light oil discovery at Hickory-1.
· USFS flow rates achieved from low volume frac over small 20ft vertical interval are in line with expectations and results observed from other reservoirs on adjacent acreage.
· USFS test produced at a peak gauge flow rate of over 70 barrels of oil per day (bopd) of light oil. Multiple oil samples recovered, measuring ~40-degree API oil gravity.
DISH are waiting on FCA approval
Excellent new SPANGEL 6th Dec 2023 research note:
hTTps://www.towerresources.co.uk/wp-content/uploads/2023/12/TRP-2023-12-06-Initiation-Report.pdf
This Tiny AIM Stock Will Make MILLIONS In 2024:
https://www.youtube.com/watch?v=AKOkMdXWLjM
10 Oil and Gas Companies to follow in 2024:
hTTps://total-market-solutions.com/2023/12/10-oil-and-gas-companies-to-follow-in-2024/
New video 21/12/23
David Mirzai, Head of Energy Research, SP Angel on Tower Resources:
https://www.youtube.com/watch?v=LGJPfX7_8Fw