Member Info for brig0d00n

Thought I'd post something...to break this GBP thread (of which, has little or no relevance to TRP....not for a long time anyway!)
Hurrah..., Cameroon COVID travel restrictions etc.. have been lifted. :)
https://www.gov.uk/foreign-travel-advice/cameroon/coronavirus
ATB

Lol..Jimarillo... Get an 'updated' SA licence plan before you comment....lol :)
No offense ATB...;)

Just reading today's posts... Let's all calm down a bit.. :) the NJOM-3 well will go ahead as planned (with or without OilLR - after all they are only bringing $5M to the party)...JA has 'deep pockets' although as he stated 'he would rather 'de-risk' with a JV partner/s onboard....but with his portfolio 'Pegasus etc'.. I'm sure he could most probably fund the Cameroon Operations on his own.!.. So no need to panic..
Moving on...(for those who haven't noticed) right next to the western edge of TRP's (SA) Gamtoos licence...:
TOTAL Begins Drilling of Luiperd-1X Offshore Well in Block 11B/12B..
http://oilnewskenya.com/south-africa-total-begins-drilling-of-luiperd-1x-offshore-well-in-block-11b-12b/
ATB

Lol. The NJOM-3 prospect is probay the easiest of wells to drill in the history of drilling wells.. remember ALL the equipment is in country and primed ready to go..,
For those who haven't DYOR on TRP.
This is the valuation of the Thai license in Cameroon alone (including NJOM-3 well).
Valuation date is 10th March 2020 @ $40/bbl Brent price.
Total for Prospective Resources (low) $193M, (mid) $787M, (high) $1,949M.... Conclude your opinion on how that will reflect on the current SP.

Read this report:
https://www.towerresources.co.uk/wp-content/uploads/2020/03/Summary-Reserves-Resources-Valuation-Report-Tower-Resources-Cameroon-Assets-Effective-Date-10th-March-2020-Publication-date-12th-March-2020-Final.pdf
ATB

Oooft.. 4M buy at 0.60 (16:37 - £24k)....
Looking good :)
ATB

Once the JV deal (finer details are agreed/confirmed, e.g. POO above $40 for the period cited i.e. 4-8 weeks (and on the rise - now at circa $45+) for the Cameroon operations, also with OilR now due to commit within the next couple/few weeks...we will be well on our way on Cameroon alone....! (Not discounting Namibia and South Africa licences..!).
IMO it will be a rollercoaster ride to 1.5 - 2.5p and beyond very soon ;)...
ATB

 I'm intrigued to find out what the value of the 'buy' trade at 15:41 was? (which indeed lifted the SP to 9.52%...) MM's keeping it quiet?.. Not alot of 'free shares' in circulation, so when the 'O&G' deal is confirmed.(in the next/couple of weeks).. IMO, it will be a rollercoaster ride to 1.5 - 2.5p and beyond. ;)... Hold tight 'me hearties'..
ATB

 Welcome aboard123. If it is Humber O&G which is the target for MNRG, (correct me if I'm wrong) this could put us on a similar level to EDR (percentage holding wise) of the prospect - excluding Gold Ridge, (Exxon Romania - if that's still on the table).
Regarding Humber O&G.. this makes interesting reading. https://humberoilandgas.co.uk/
EDR. It has a market capitalisation of £8m, with approximately 328m shares in issue. Over the last year, Egdon Resources share price has been traded in a range of 5.025, hitting a high of 6.625, and a low of 1.6.
ATB

*Namibia

Interesting reading Jim, also noted in the same article you posted is that TOTAL are set to begin their 2020 drilling campaign in SA/Nambia etc..
This following link gives the full extent of TOTAL's - SA, Namibian/African campaigns.
https://www.upstreamonline.com/exploration/total-set-for-busy-2020-africa-wildcat-programme/2-1-703037
ATB

Slight correction on this thread:
Total's Brulpadda discovery is adjacent to the western edge of TRP's Gamtoos licence. Exxon block is to the south & Equinors block to the east of TRP ;)
https://www.towerresources.co.uk/wp-content/uploads/2019/02/P252-Algoa-GamtoosSouthAfricaRegional-ENVOI-Map-Update7-2-19-Press-Version.jpg

Thanks Trev.. ;)
ATB

Thanks, so the favourite is'Blackland Park Exploration'...
Away to do some research.. :)
ATB

Someone's building a big stake... I imagine a TR-1 will be announced soon ;)
ATB..

Does anyone know who the UK O&G company is? Or educated guesses??
I'm guessing Rocco will be itching to release news/RNS...
ATB

Small volumes, but it looks like we are well out of the doldrums, making speedy progress through the 'Roaring Forties' and entering the 'Furious Fifties' soon.. so hang on tight 'me hearties'....;)
ATB
https://youtu.be/Dl25m8TLNVc

Haven't seen a 1 trade for a while, interestingly CFEP moved to 0.52 on the L2 order book ;)
ATB

Are we in NT? ....Was that last 1M trade a 'fill or kill'??
It would be nice to enter the weekend in the 'roaring forties'....
https://youtu.be/wcUk0RDMpNI
RNS Monday morning ;) ???... Have a great weekend folks :)
ATB

I'd say that's a pretty accurate assumption. Plenty time to cut the grass and walk the dog. ;)
ATB

Hi Reggie, agreed GBP are in our patch, but I can't see them doing much anytime soon... fyi, on the Namibian front... it looks like interest is building.
I've taken this from today's ECO RNS: "Namibia
 Eco continues to benefit from a strategically significant acreage position in-country and is progressing its various work programmes offshore Namibia. The company is witnessing an increased interest from multiple IOCs in Namibia.
The Company continues to monitor upcoming drilling activity in the region, which could potentially see up to five exploration wells drilled on behalf of ExxonMobil, Total, Maurel & Prom, Shell and ReconAfrica in the next 12 months, expected to start Q4 2020."
ATB