Member Info for cperkin

And this one of course.

https://www.youtube.com/watch?v=FZTlMhMw6L4&feature=youtu.be

Worth a watch if you missed it

https://www.brrmedia.co.uk/broadcasts/5d9c5b6ef8cc7162f3b034e4/scirocco-energy-acquisition

I believe the same trrime, Production in the North sea, 2C conversion with further drilling and workovers + Ruvuma licence and a potential CH-1 Spud before year end and somewhere that helium-1 IPO.

Lots of forward activity post listing and lots of drilling.

Totally agree trrime, still begs the question at what price will the OO be and what are the BOD negotiating the price with the institutional investors at?

We will just have to wait and see.

Sorry are you saying the BOD have no control at all of the placing price trrime?

I did post that last week as that was what the BOD told me on the conference call when I asked them the question what if the licence drops whilst suspended?

How baked in if it does drop remains to be seen.

100% agree Crusty and was always my big fear that the licence would land whilst suspended and like you I think it is highly likely that will be the case.
On the other hand though anyone wanting a piece of the action now has to go to AEX and at least my holding there continues to grow in profit.

Thx, Ariel is still in the running as the day is not yet done :)

Aren't we all trrime! With the share suspended there is nothing we can do either way anyway here, so keeping an eye more on my AEX holding with regards to the licence. More positive noises from the Government over the weekend so I still think we could well see the fireworks this week.

Fingers crossed!

All quiet on the Eastern front. Whose next up on the list Frank?

The day is yet young and the week even younger.

Till we see the admission document and price and thus the shares in issue we just simply have little Clue. We do know that we have £22 million of existing assets + €40 million NPV10 of new producing assets and a further €60 million NPV10 2C assets.

We closed at £15 mill cap and should open at multiples.

The appraisal licence will be amazing to have in the bag! I wonder when we will see the 25 year development licence?

Yep, very exciting time Frank, the new BOD have already transformed the company with production and more to follow and the huge Ruvuma asset may well about to be unlocked at the same time with the appraisal licence, I wonder then how long before the 25 year development licence?

Looks like SOLO/Scirocco have hit the timing just right here for the Netherlands North sea production increase.

https://oilprice.com/Energy/Natural-Gas/Europes-Gas-Demand-Soars-As-Dutch-Giant-Folds.html

Good morning steve. it will be a major boost if that licence comes next week, all eyes on the AEX sp and I quite agree the mcap will be significantly higher.

Long dog walk this morning followed by a bit of gardening and a Brexit lunch :)

Have a good one!

Well Caddy I am sure you will be delighted that post EGM vote the company will have been producing 1,750boepd since the first of Jan 2019, the larger 2,100 boepd target is something to look forward to next year.

I rest my case.

It's exactly what long term holders have been waiting for steve, Everything the new BOD have delivered and it is significant has always been upside over and above Ruvuma for me and they have delivered beyond my expectations of 500 to 1000 boepd production with their over 2000 boepd target 2020.

15 million market cap suspension - laughable!

Might as well bring it all on at once joeltg99 ,thinking of which if the licence gets issued then I assume the PSA terms are concluded and KN-1 remediation and any back payments owed for gas produced also come into play along with the CH-1 drill?