RE: Only 8 weeks left29 Oct 2020 11:42
Kels I wouldn't throw stones and then whine when I got some back!
Some positives :
We look forward to receiving regulatory approval from
the Comité Consultatif des Hydrocarbures of the Republic of Tunisia in respect of the transfer of ownership for
both acquisitions within the next 60 days.
We are confident that we shall be successful in obtaining
a new 25-year license. In the event our Offer is accepted, the Company will look to deploy its 1,200hp drilling
rig in the Republic of the Congo in order to begin drilling activities in well TLP-103C.
We are very excited about our countercyclical acquisition campaign in Africa in the current low oil price
environment, especially the highly prospective development production potential of the Tilapia oilfield and
the material daily production revenue to be obtained from completion of our acquisitions in Tunisia. Indeed,
we are hopeful to conclude further acquisitions of a similar kind in due course.
Still life in this old dog? We will have to wait and see.
Patience is a virtue.
I await Kels insults forthwith.
GL.