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re lottery tickets,the Chinese have a fist full of them now.
My bird in the bush is not Avalon but the undrilled Barryroe Upper Jurassic which tie into both Kinsale and Helvick shales.Heres the introduction to a speech by Boldy back in 2014
http://geoscience.wales/2014/09/talk-at-the-gallery-the-north-celtic-sea-basin-a-resurgent-proven-hydrocarbon-province/
Sure is a slow boat from China...
Healthy debate ensures as many angles of thinking whether right or wrong are covered.A PUBLICLY declared financial investment from management,after twenty years and still "negotiating"would be a huge boost for shareholders.
Welcome back So be,tomorrows another day!
Longwait,given the amount of shares management publicly bought, you could start with them!
The long silence from sobeit sugests he may have gone to the happy oilslick in the sky.
Wheres Oilbell?
www.antaisce.org and scroll down to latest news.
Time is money.....
Small piece in Sunday Business Post;
Kildare chamber of )commerce's Alan shine met Fianna Fail TDs Dara Calleary and Frank O'Rourke late last year to ensure that the proposed climate emergency measures bill does not become legislative a lobbying register filing shows.
The move being inspired by it's November business breakfast guest speaker who was none other than Tony O'Reilly Jr the chief executive of Providence Resources which is seeking to drill off Cork/Kerry.
We've met our match Mamms?
Bit of a tree hugger myself,and would argue that solar power should be incentivised,not as a solution but more of a damper to whats happening in the world.Meanwhile big oil is ruthless https://globalnews.ca/video/4656737/b-c-researcher-pinpoints-who-is-funding-campaigns-against-oil
Or diviner at work.
Green herring....
Yep,I like the fact that company is being proactive about this situation but Napoleons lucky generals springs to mind...
Feck it, reapply for the Kish licence as well!!!
This was their tactic in 2013 for Dublin Bay drill.
Junior has got a very good living out of this company but has certainly not delivered shareholder value.I feel more assured with Pageant calling the shots than him.I think he mentioned expĺoring elsewhere bfore T5 cancelled their fundraise and that,they say,was because of dip in oil prices.
With Bronx on this one guys,Barryroe is big enough with huge exploration target upside in the underlying upper jurassic.
T5 Oil & Gas, an Africa-focused exploration company founded by a group of Tullow Oil veterans, has postponed plans for a Dublin and London stock market flotation and is considering a back-up option of selling a stake in itself to a strategic investor in the wake of a slump in oil prices in recent weeks.
The Irish Times has learned that the company, led by executive chairman Pat Plunkett, who chaired Tullow Oil between 2000 and 2011, has been holding talks in recent months with firms that could privately take a stake in T5. Another alternative could see T5 merge with another business.
These discussions had been going on even as the company advanced plans to raise $45 million (€39.7 million) through an initial public offering (IPO), which was originally earmarked for August but had been pushed out. Davy and London-based financial firms Shore Capital and Hannam & Partners have been advising T5.
Representatives for the firm declined to comment.
The price of Brent crude oil – which had surged more than 40 per cent over the first nine months of 2018 to four-year highs – has fallen back by 22 per cent since early October to trade at about $67.30 on Wednesday.
Mounting concerns
While some analysts were speculating as recently as a month ago about the return of $100 oil, the commodity’s price has since been hit by record supply from Saudi Arabia, Russia and mounting concerns over the global economy.
The Paris-based International Energy Agency, which advises governments and companies on energy trends, said in its latest monthly market report, published on Wednesday, that the level of crude output from the world’s three biggest oil producers was causing global supply to significantly outstrip demand.
The Organization of the Petroleum Exporting Countries (OPEC) and its partners were reported by Reuters on Wednesday to be discussing a proposal to cut oil output to shore up prices.
T5 is looking to raise funds for a drilling programme in Gabon in west Africa, where it agreed last year to acquire a 45 per cent interest in a producing asset in a potentially transformational deal.
Potential investors
The so-called Owali Asset, made up of seven shallow-water oil fields, is producing 400 barrels of oil a day, the company told potential investors earlier this year.
Industry sources said that T5 would be expected to participate in an offshore oil and glass exploration licensing round launched by Gabon last week. Oil companies exploring offshore of the African country include Petronas, Noble Energy, ENI, Total and Shell.