Member Info for cperkin

Laughable I think you mean.

Does make you wonder what being a member of the Chartered Accountants of Australia & New Zealand actually means, is it like one of those fake Indian university degrees you read about or just simply an AU/NZ joke shop brand?

3D over the drill site should be about processed by now I would have thought and not forgetting that one of the ARA team founded the seismic interpretation software company VoxelVision which was sold to Schlumberger, so they know what they are doing.

Hi steve, indeed the HE1 shares are worth around $800,000 at todays price, the complete seismic was only around $2 million with probably half of that already paid leaving a balance of around $1 million + there is another $3 million available from prolific, etc etc

It's just nonsense and thus the search for the lost plot continues.

Hi Si, 100% agree AEX now +37% today SCIR - 2.79% (false UT trade impact) but no meaningful movement.

Drill it!

AEX picking up some chatter and following on Twitter now, was over 3p the day the farmout was announced, farmout now completed 3D in progress and a huge drill coming up.

3D results over CH1 should be about due?

Fine damofarl, if you are not interested in what's being reported in country and when, (why now?) feel free to ignore or use the filter.

Have fun

BOOM? ;0)

Looking leaky?

Each to their own damofarl, I would suggest the article is far more interesting and relevant than your own post m8.

Hey ho.

I am pretty sure that's what they said in the webinar steve. Agree the big asset is of course Ruvuma, that's where all the money is, although it's good to see the rise @ HE1 making SCIRS shares worth over Half a million £ (might come in handy)

Morning steve, I think they said end of Q1 2022 for the first quarterly update so not expecting anything else myself since they gave an update on numbers in the shareholders meeting in December.

I think there are better returns on the drill myself. We have waited 4.5 years for this "Back to back" drill, what's another 6 months or so in the grand scheme.
2018 AEX Ntorya 3 now named CH1
https://youtu.be/bhw8DHGvA_w?t=19

According to Wentworth’s interim results report for 2021, the company’s revenues for the first half of the year up to June 30 went up by 40 percent to a best-ever $11.7 million due to record levels of production at the Mnazi Bay gas field in Ruvuma region.
https://www.theeastafrican.co.ke/tea/business/uk-gas-producer-posts-record-earnings-buoyed-by-tanzania-plant-3684982

Thanks to Smudger63 on the AEX board.

The work programme as part of the agreed 2 year extension licence with the Government includes, 3D, drill CH1 and negotiate a Gas sales agreement.
Any delays are in the hands of the new operator, the Zubair Corp in the form of ARA. I expect they will deliver as per their plan since all the Government approvals are in place.

Drill it!

HUGE drill, Massive, Multi TCF, yes Trillions of cubic feet and gas prices in Tanzania are up over 7% due to the increase in US CPI. Great time to get a massive drill in that has the potential upside of being the first ever oil find in Tanzania.

Drill it!

A huge drill, two geological targets, an appraisal of the multi TCF discover + an additional 1TCF and or oil in the deeper Jurassic.

Roll on the spud, been a long wait for this back to back drill!

GLA

Sell the asset or fund the drill, all the rest is bull Dan & funding is usually around 3 months prior to a partial cash call before Spud, so around April just like you and Neil funded NT2, 3 months before spud.

Whiffs round here...

Sell or Drill, I must admit I would prefer to see the drill now.

Who knows Frank? We shareholders have no visibility beyond them saying they are in negotiations with multiple parties. It was WENS sudden move in Nov to employ AB who drilled NT2 as their Chief Operating Officer of the Company when they don't have any operations that really set my radar of.

Afternoon steve, well the first half of the 3D will have cost around $1 million and we have no idea what they are paying Gneiss for a retainer? I would have preferred to see a no win no fee with a slightly higher end fee on completion as there seems to be no timescale incentive in the current arrangement?