Member Info for Buffin

Https://x.com/CorcelPlc/status/1965309198490579101

O The first phase of the Company's technical work programme has successfully been completed, with multiple new seismic attribute supported anomalies identified

o Material aggregate resource potential from two primary prospects, comprising a best estimate (Pmean) of ~380 million barrels oil recoverable, and an upside (P10) case of ~980 million barrels oil recoverable

o Shallow water and reservoir depths of these primary prospects underpin relatively low development costs, and thus commerciality at even modest discovery volumes

o Considerable additional exploration potential, including possible slope turbidite and low stand fan play exposure in the north-east of the block

o The planned farmout process for AREA OFF-3 has commenced. ... The Company will be seeking initial offers by year-end, with a view to selecting a suitable partner(s) during the first quarter of 2026.

In addition to the 1,250km2 of 3D seismic data already reprocessed, mapped and interpreted by the Company, an additional 2,000 km2 of reprocessed 3D seismic data is available for licensing and further analysis, covering the north-eastern segment of the block adjacent to the Brazilian maritime border - regional 2D coverage indicates possible slope turbidite and low stand fan play exposure in this north-eastern segment of the block (a similar play system to that which has yielded many of the recent, major discoveries on the Namibian margin of the South Atlantic basin).

11:13:56 7.90 115,000 9,085 - doubtless reported late. There was only one MM on the offer at 8, with the rest at 8.5 or 9. Nothing to see here.

graham:

accept or ignore😇

it's long been my belief

that very much of guercif comprises a gas cap

sitting above a heck of an oilfield

whilst it's not ****geneous

paul is in exactly the correct postcode

it's why i say that shareholders will never see another

Yes, the AGM presentation suggests independent CPRs for Temaris and DEWA in first half of Q3 this year.

Tincan: But PG talks in the RNS of maintaining momentum!

It's still just PEEL on the offer.

PEEL still have shares to sell.

Yes yes yes. But when will he get something out of the ground?

Ad remember PG said earlier this month that "We anticipate first gas sales by the end of 2026 subject to all the usual caveats of regulatory approval and technical due diligence". (RNS 1/7)

ChartaRex, re 3D. You're right about OFF-1, but "over in AREA OFF-3 there is much work going on after early results indicate much to be encouraged about in the reprocessed 3-D seismic data and when a technical update is out a farm-out process will follow, probably later this year", Malcy summarises.

And lo PEEL have leapfrogged them (if you can leapfrog downwards). It's almost as if PEEL had shares to sell. But this doesn't latter in the bigger scheme of things.

WINS are now cheaper than PEEL. So perhaps I was wrong. Interesting to watch, though.

Plenty being bought at 6.6. And Peel are the only ones on 6.6. Ring any bells with anyone...?

It was a titchy placing, 20m shares with over 600m already in issue. And we would have had to issue shares to pay CEG on the T&T completion anyway.

PRD have announced a small placing. They say:

"Completion of the transaction to acquire Challenger Energy Group's business interests and operations in Trinidad is expected to occur shortly. The Company is electing to settle the balance of the Consideration due at Completion in cash rather than through the issue of shares at a time when we are focussed on our strategically important operations in Morocco."

Good

3 on 6, 1 on 5.9.

Https://x.com/SeascapeEnergy/status/1944653088201322852

... a snapshot of where the business is and why it's just getting started ...

"Challenger remains a leader in the Bucket List and for very good reasons, today’s update shows that all is going according to plan in Uruguay. As Eytan Uliel states, in AREA OFF-1 they are on track to commence 3D seismic acquisition in Q4 and hence forward an exciting drilling programme.

"Over in AREA OFF-3 there is much work going on after early results indicate much to be encouraged about in the reprocessed 3-D seismic data and when a technical update is out a farm-out process will follow, probably later this year. There is much to be excited about and with my TP as strong as ever at 50p this is a great opportunity to load up for the longer term. "

Goupplease: "slow is the perception"?

What basis do you have for this comment? Whose perception? Just yours? And Briggsy's? Or have you been ringing round high roller contacts? What did you expect them to be doing faster?