Member Info for cperkin

Agreed Bluf, the good news is that all the current operators are getting paid on time and have been for some time. Check out the latest WEN financial report.

I guess the question is, when will the gas pipeline be signed and what is the lead time for completion of both the oil and gas pipelines. Secondly what would be the lead time to develop and bring all panned wells for Ruvuma online?

Surely simultaneous development of both is required to feed Uganda with gas?

"Moreover the head of state assured Ugandans that Tanzania will not hesitate to sell them natural gas & the gas pipeline could be could be constructed alongside the oil pipeline."

https://www.dailynews.co.tz/news/2020-09-145f5effda6f736.aspx

"Moreover the head of state assured Ugandans that Tanzania will not hesitate to sell them natural gas & the gas pipeline could be could be constructed alongside the oil pipeline."

https://www.dailynews.co.tz/news/2020-09-145f5effda6f736.aspx

1BCF per day demand according to the TPDC. The current Ruvuma 8 well development wold only supply 14% of that total with all 8 wells.

"Moreover the head of state assured Ugandans that Tanzania will not hesitate to sell them natural gas & the gas pipeline could be could be constructed alongside the oil pipeline."

https://www.dailynews.co.tz/news/2020-09-145f5effda6f736.aspx

Surprised we have not had a speeding ticket....

Think that might be AEX patients BG :0)

Is another extension not looming?

Who knows, but if they are going to build that export gas pipeline then they are going to need a shed load of gas in around the time frame that it will take to drill and connect all 8 Ruvuma wells, so they better get cracking if the Uganda deal is on.

If only BG ;)

Morning GS, indeed the gas pipeline is where all the volume will be & significantly more than Tanzanian domestic needs. Up to 1BCF per day according to the TPDC. Not sure how much of that is Uganda's share V Kenya's?

https://twitter.com/abdulsamadz/status/1304779550744891393

His Excellency President
@KagutaMuseveni
presiding over the signing of the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (#EACOP) project between the government and Total. Witnessed by
@Total
CEO
@PPouyanne

#MUSEVENIMAGUFULIWAKUTANA We will soon return to talk about gas, Uganda needs gas as there is little there, we thank the President
@MagufuliJP
for his offer to allow a gas pipeline to pass through the pipeline. That is the brotherhood - President Museveni

https://twitter.com/TZMsemajiMkuu/status/1305101054602817537

#MUSEVENIMAGUFULIWAKUTANA We will soon return to talk about gas, Uganda needs gas as there is little there, we thank the President
@MagufuliJP
for his offer to allow a gas pipeline to pass through the pipeline. That is the brotherhood - President Museveni

https://twitter.com/TZMsemajiMkuu/status/1305101054602817537

#MUSEVENIMAGUFULIWAKUTANA We will soon return to talk about gas, Uganda needs gas as there is little there, we thank the President
@MagufuliJP
for his offer to allow a gas pipeline to pass through the pipeline. That is the brotherhood - President Museveni

https://twitter.com/TZMsemajiMkuu/status/1305101054602817537

His Excellency President
@KagutaMuseveni
presiding over the signing of the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (#EACOP) project between the government and Total. Witnessed by
@Total
CEO
@PPouyanne
https://twitter.com/abdulsamadz/status/1304779550744891393

https://twitter.com/abdulsamadz/status/1304779550744891393

His Excellency President
@KagutaMuseveni
presiding over the signing of the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (#EACOP) project between the government and Total. Witnessed by
@Total
CEO
@PPouyanne

Hi Paul, all resolutions passed would be my guess, unless they come up with something significant by the 11a.m. BST on 25 September.

Yep, honest delivery is everything. Just take a look at the poor HUR holders today and an all to common small cap story.

52 Week Low 0.375

Who knows Crusty? I imagine that some of the large shareholders would rather dilute and drill C1 rather than see the asset sold for a song like at @ AEX and we all thought $40 mill for 50% was exactly that. Why sell the asset at cost or loss, might as well see it through the next drill post AEX/Zubair FO.

See he is doing a sterling Job at NUOG and his move into waste...