Member Info for cperkin

Correct Frank, it was reported in the full year, report, last weeks half year report and elsewhere. Helium-1 IPO October 2019

https://twitter.com/solooilgas/status/1178622207070744576

https://www.energyvoice.com/oilandgas/208668/solo-plans-european-reorientation/

The European gas and energy infrastructure space provides an abundant hunting ground for Solo to acquire the right assets to establish itself as a significant production and development company with a business model focused on opportunities that embrace the energy transition market, bringing returns to shareholders,” the company’s new COO Doug Rycroft told Energy Voice. “The new board and senior management are actively progressing opportunities within this space and we are confident of soon securing the company’s maiden material production acquisition.”

Might have a small impact Frank, there are much larger holders than me, just look at the BOD for example, over 8% of the shares + the likes of NR. It will be TR-1 time if any of them sell, not that I expect they will till they see full value from Ruvuma and beyond.

Next drill is a cracker, far bigger than anything ever before here.

Not selling a single one of mine Frank, holding out for the full Quad delivery myself. I will let you know when I sell.

Certainly looks that way Crusty, question is do you believe the new CEO is playing with a straighter bat?

Fully agree ref the US$7.61 million for previous gas sales. Lets see how much of it gets unlocked and when, after all the additional cash would be a nice bonus for the JV partners.

Morning Fell, some very positive statements, also this one on KN-1 and monies owed. Solo are owed their 8% odd, so the cash would come in handy.

"Recent changes have provided us with some encouragement that progress can at last be made with respect to resolving the outstanding receivables of US$7.61 million for previous gas sales from KNDL and related interest. "

Some very bullish statement, looking very positive at long last!

AEX CEO seems a lot more bullish.

"We are encouraged that the delays the Company has experienced over the past eighteen months in being able to pursue our operations programme in Tanzania appear to be finally coming to an end and there is now firm evidence of a gradual unlocking of the approvals processes in country. "

Excellent news!

GL

Diplomat | Ag. Chairman of Tanzania Oil & Gas-ATOGS

https://twitter.com/abdulsamadz/status/1178380266588528640

Lets see what the Gov deliver the next few days at the O&G conference.

Diplomat | Ag. Chairman of Tanzania Oil & Gas-ATOGS

https://twitter.com/abdulsamadz/status/1178380266588528640

Net current assets = £22 million. Current cap = £14 million. All depends on what is delivered between now and year end, IPO, Licence, deal, spud or none.

Can't deny the filter is useful.

Morning steve and happy weekend! The first deal they complete should give us an idea of what the Bod are about. It says in the report that out of 20 something screened, 5 made it to final stages, 2 have dropped out and 3 are left. Anywhere from 500 to 1000 boepd would be excellent to see. We have been waiting since the strategy announcement end March so I hope they are close now.

Late reported again & both at 2.2p

Could land anywhere from Fjones up, depends if we get the quad, H-1 + Producing asset deal +Licence +spud before Christmas

No not seen anything new matherdj, still if the C-1 Jurassic comes in oily then maybe they won't need the oil pipeline from Uganda ;0)

http://tanzaniapetroleum.com/2019/09/27/uganda-push-ahead-the-east-african-crude-oil-pipelineeacop-project/

Oil at C-1 would be a nice bonus.

http://tanzaniapetroleum.com/2019/09/27/uganda-push-ahead-the-east-african-crude-oil-pipelineeacop-project/

Helium-1 IPO due October as per todays communication.
Extension licence and farmout could well land and complete October
3 deals in final stages, 1 could land October

Short term and medium term looks interesting at last, need that Licence in October to stand a chance of spudding C-1 this year.