Member Info for cperkin

Clearly you do not know the difference between the extension licence and the 25 year development licence Frank...no surprise there though.

Quite right the proof is in the pudding, however you note the difference in the Aminex wording from

"A reasonable expectation of the licence being delivered" to todays update

"The Company has been ASSURED by relevant government authorities that the extension is forthcoming "

Glad to see they have updated the Q&A, I expect the extension licence will not be far behind myself as it's the only thing preventing the Omani's from getting their hands on 50% of the asset for a little $35 Million +$5 Million.

V19

Come along PITW (by the way how is the house deposit coming on?) It is good news and provides confidence on both the licence and KN-1 remediation, the two most important near term news events.

Excellent news, cant argue with that.

http://aminex-plc.com/FAQ.aspx

What is the latest on a licence extension on Mtwara?
The Company has been assured by relevant government authorities that the extension is forthcoming and will update the markets once formalised.

Are additional approvals needed for remedial work on Kiliwani?
Aminex is currently funded and does not need further approval for the ongoing remedial work over Kiliwani (which includes well maintenance, fluid lifting and perforation) and it remains in the best interest of all parties to produce gas as quickly as possible.

http://aminex-plc.com/FAQ.aspx

What is the latest on a licence extension on Mtwara?
The Company has been assured by relevant government authorities that the extension is forthcoming and will update the markets once formalised.

Are additional approvals needed for remedial work on Kiliwani?
Aminex is currently funded and does not need further approval for the ongoing remedial work over Kiliwani (which includes well maintenance, fluid lifting and perforation) and it remains in the best interest of all parties to produce gas as quickly as possible.

On a nice juicy contract landing or even a few $10's million smaller ones will do + News on Nomad.

GL

Quite agree they need to update the Market early Q-1. I don't see them drilling till Q-2 at the earliest post IPO myeself. One of the co-founders who was at the Shareholders meeting. said the IPO would be Q-1

In the meantime, licence for Ntorya please!

V19

Hi PITW

Anything is possible in the world of Aim, but there again, when SOLO are converting them to cash at every opportunity to fund the primary asset development whats in it for SOLO?

haha, yep all about the licence and sitting on a desk I would guess.....Wonder when the next meeting is in Tanzania of all the interested parties? Nice to see the other producers talking about gas production enhancements to try to meet the growing demand, bodes well I would say.

GL & V19

Not confirmed yet if the Gov will pay or the JV steve. As for production I would say next year pending licence approvals of course.

"Well we won't be doing anything to bridge that gap in 2019 that's for sure"

Well not sure I would say that, KN-1 could very well be back in production soon and could contribute up to 30MMscf/d

I agree they would be very hard pushed to lay a 33Km pipe, drill C-1 and recomplete NT-1 & 2 this year, although not impossible if both licences are delivered quickly.

Certainly seems t be getting closer to the demand V supply Crunch point and I would not want to a minister telling the Bulldozer that they have run out of gas for electricity and Industry because he did not sig a licence in time.

Orca predict shortfall in supply V demand in 2019

WEN predict a shortfall in supply V demand 2019

AEX predict a shortfall in supply V demand 2019

Only going one way it seems.

http://eqtecplc.com/investors/aim-rule-26/share-capital-information/

As of 30th Oct, almost 80% of the shares are locked up, leaving only 20% to trade

I notice that a huge amount of the shares in issue are in the hands of major investors, leaving around 40% or less in free float.

Well 2 different opinions, guess if the licence is issued before Statoil, Shell etc to the JV then we will have a better idea of which theory is correct.

Maybe although I think it's more likely that the Gov wanted to see last weeks shareholder vote accepted imo. WEN have a capacity of around 100MMscf/d and currently are running at 92.5 MMscf/d hence why the gov have initiated a contract with Orca to supply a further 35 MMscf/d as confirmed this week.

Bodes well for both the licence and KN-1 remediation imo, gas demand is clearly growing.

Many thanks BD, must say I am enjoying the warm up act today, looking forward to the main event soon.

Took a bite yesterday, just need to see one of those MOU's converted to a confirmed contract please.

GL

So along with the increase of 35 MMscf/d. from Orca this week, WEN have published their results with a December figure of 92.5 MMscf/d close to their top end capacity (without compresion or reducing inlet pressure)

Licence please

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=WEN&ArticleCode=ufrvs4g1&ArticleHeadline=Wentworth_Resources_Plc__Commercial_Operational_Update_and_2019_Production_Guidance

So along with the increase of 35 MMscf/d. from Orca this week, WEN have published their results with a December figure of 92.5 MMscf/d close to their top end capacity (without compresion or reducing inlet pressure)

Licence please.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=WEN&ArticleCode=ufrvs4g1&ArticleHeadline=Wentworth_Resources_Plc__Commercial_Operational_Update_and_2019_Production_Guidance