Member Info for CODEFRED

Please could you provide an explanation to the continuous cancellation of trades, thanks

Cheers Cannyscot

Have fun

Have a good holiday Pyro

Just a Greek island !

Yes Jabond but back fresher and more confident than ever ! Tremendous value creation, MASSIVE, geology unlocked, debt sorted, markets aligned.....

Building up to Ops update next week......IMO......

It really is MASSIVE ! And ready for lift off ...

JO's , II'S

Great news on sorting debt ! Wells producing, cash generating, amazing ROI on well test, further comingulation, testing gas, aligned to EU, JO's starting to back us, onwards and upwards please Sir !

Had to read twice though !

Going on IMO... Speed of accumulation increasing although they do keep testing the floor IMO... Someone serious at play here !

Absolutely not LL

You also have to ask yourself, if Frr wells duds why would Exxon. Repsol and Chinese all come sniffing around all of a sudden (within a 1 month period) after out first well stimulations on GAS & OIL. ..

Lord I think each well will provide an amazing ROI and one that a Major would want to be a part of, on shore and unbelievable infrastructure on doorstep. With a liberated market aligned with EU Energy Community.

Fire, sp a mystery but will sort itself out over next 4 wks IMO....

oil production from the Taribani field will increase

it is anticipated that oil production from the Taribani field will increase as we develop the wells, test further zones and move towards production during remainder of 2018.

With current successful drilling operations and encouraging early well testing results, as per our previous announcements, it is anticipated that oil production from the Taribani field will increase as we develop the wells, test further zones and move towards production during remainder of 2018. This will assist in building a strong revenue stream for the Company. We will update the market in due course regarding new well drilling and testing program for 2019."

Well Niko-1 Funding On 24 May 2018, the Company entered into an agreement with an unrelated institutional investor to secure funding for the planed operations at Niko-1 well. Pursuant to the agreement, the investor will provide up to $3 million investment, to be disbursed in two equal tranches by 1 September 2018 and by 15 October 2018, respectively, in order to fund the Niko-1 well work program to be commenced in November 2018. In consideration for this financing, the investor will receive share in the production from the Niko-1 well in the following proportion: 60% of the well production from the completion of the work program until recovery of its investment, and 30% of the well production thereafter.