Member Info for cperkin

Just spread play edgar, the Bid and the Ask is the same as close yesterday.

Morning steve, hope all is well. No idea if he is still involved at all, I think trrime might still be in contact with NR? As per usual we are all waiting on the Tanz Gov to sign a document which was dependent on AEX paying the CGT bill, which they have paid.

Good to see the farmout complete and the $20 million for 25%, I assume anyone in the data room would be waiting for this condition to complete as it means the project is 75% funded to production?

Can't knock his drill bit success or his Geological interpretation of seismic. Ntorya may well never have been discovered if Neil had not suggested drilling deeper based on his seismic interpretation.

Any deal(s) involving AEX would have to be beneficial to the Zubairs. Still current model worked well for them so far, 70% PI funded Exploration followed by an asset buy out post exploration and appraisal risks and costs.

Could rinse & repeat?

Lets see if this Bod do a better Job Joe, they have a lot more to work with, with about 11 times gross as much gas as last time they opened the data room.

Wonder when this energy minister is going to close out the farmout, the Gov must have received and cashed the $2.2 million CGT from Aminex by now?

Nor can I.

$100 million is only around double what they spent on exploration and G&A during the log waits for the Tanzanian Gov to decide what it is they were/are doing.

Would be a poor deal for any other than those who recently joined the fray.

https://www.lse.co.uk/ShareChart.asp?chart=technical&sharechart=SOLO&share=Solo-Oil

Started to close the gap, still huge and a long way to go to 1.545p to complete.

They are good at conceding it seems Crusty and a lot depends on if they see their share or part of the $7.6 million the TPDC owe for gas already sold.

The carry to production (post farmout) is the ticket here, something that solo sadly lacks, at least for now.

+6.52% attacking that gap at last?

This is just the Oil pipeline at the moment DAL, waiting on more news on the gas export pipeline.

#GoodNews The only one statement that was insighted; among this period when all companies are cutting CAPEX
@Total
Decided that the only project that it will invest in, is the $3.5 billion 1445km Crude Oil Pipeline Construction project in Tanzania.
It’s a great milestone

https://twitter.com/tzbranding/status/1269160446562631680

Well done anyone that is making a profit, regardless of a few % after fees. Farmout completion followed by a spud date is the Goose.

Been a bl00dy long wait for this drill!

Evening steve, garden sure did, going to get more the next few days by the looks of it.

As long as the PR company were not referring to the ARA when they said they were preparing to update the market! Some decent trades on AEX and looking a little "Perky"

Have a great weekend.

2,969,394 … Expensive?

@15:01:33 @full 1p ask, hence the late rise.

Wouldn't want to be out of this over the weekend.....whoops too late. Garden enjoyed the rain today and the tomatoes are going mad.

Not a bad day at all.

lol, think they still have one of those rust buckets at NT-2 pad....not that anyone in their right mid would use it for C1

"The continent as a whole dropped to 61 rigs, from 103 rigs in April, down 41%. In March, the continent had 123 rigs in work."

Guess they must be going cheap?

https://www.energyvoice.com/oilandgas/africa/244001/african-rig-count-plummets-while-middle-east-holds-up/

Signature please!