Member Info for buzzthomas

Chesh answer this most important question. Where are the Lab results that were sent for testing !?

HE1, lab sample results please !!!

HE1 must make it very clear in the next RNS what happened to samples sent to lab. This is crucial IMO.

Lab report please Lorna

· Downhole fluid samples have been obtained from three separate well test intervals, in the Basement and across the fault zones, all were analysed at surface in an onsite pressure-volume-temperature ("PVT") laboratory and indicated the presence of elevated helium

· Duplicate samples collected from all three well test intervals will be sent to a second laboratory for analysis

Link to where you state the info is provided whereby the samples were not sent for analysis please

So you don't care if the results showed sweet FA !? The fact HE1 haven't provided the results is very problematic regarless of the upcoming EWT IMO

Someone has made a very valid and important note regarding the lab report. I think it is fairly obvious why it hasn't been published.

(92% liquids)

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Very nice

The Transaction encompasses the acquisition of the entire offshore shallow water business of ExxonMobil in Nigeria, which is an established, high-quality operation with a highly skilled local operating team and a track record of safe operations, producing 95 kboepd (W.I.) in 2020

(92% liquids)

Transformational impact

· The Transaction will create one of the largest independent energy companies on both the Nigerian and London Stock Exchanges, and bolster Seplat Energy's ability to drive increased growth, profitability and overall stakeholder prosperity

· Based on 2020 pro forma working interest volumes for Seplat Energy and MPNU, the transaction delivers:

o 186% increase in production from 51 kboepd to 146 kboepd

o 170% increase in 2P liquids reserves, from 241 MMbbl to 650 MMbbl

o 14% increase in 2P gas reserves from 1,501 Bscf to 1,712 Bscf, plus significant undeveloped gas potential of 2,910 Bscf (JV: 7,275 Bscf)

o 89% increase in total 2P reserves from 499 MMboe to 945 MMboe[1]

o Includes offshore fields with dedicated, MPNU-operated export routes offering enhanced security and reliability

So foriegn investors have to pay tax on their dividend entitlement. Is this usual as its the first foriegn dividend I have recieved.

I don't think intituitions will be happy with only a 5 year priod. IMO

Got dividend today 0.042p /share

Exchange rate $1 = 1.41

That can't be correct surely.

Anybody know if it's due to Nigeria tax deducted for UK ISA holders ?

"The land access granted is valid for five years."

WTF ???

RKH can't afford to pay FIG anything until Sealion is in production regardless of the OM payment. You can't have a situation where we pay a tax we don't even owe only to find Sealion doesn't get approval and RKH go bust due to lack if cash.

I've read all the comments but I'm not sure I really understand why RKH requested FIG approval. The OM award has nothing to do with FIG regardless of the tax position. You could argue the other way that RKH niw have skin in the game to say we will only pay tax if RKH Navitas get the green light on Sealion.

Trek, cheers. I still cant see the currency exchange rate into GBP RNS

Can somebody explain to me the dividend policy here. I can't see any currency conversion RNS for UK £p

Do dividends gate paid in £p to nominee accounts ?

Anybody been anle to find out the reason for their resignation ?

Price bottomed out at end of share warrant period.