Member Info for Danielm89

Stored c02 can be used as a oil/gas well propellant or to covert to hydrogen

Could be very lucrative as a side show, especially if used as part of the hydrogen plans Azerbaijan have

Https://x.com/theunsophistic2/status/2069401561718010111?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

#BLOE thread

Will be a monster h2 into 2027

Https://x.com/theunsophistic2/status/2069401561718010111?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Giz some engagement please 🙏

Let’s ignore the 3 drills fully funded by JVs in 2027 for one minute with a combined future potential of over 90,000 boepd at a total freeride of over $240m when Gabon is taken up

CARBON CAPTURE

This is the near term catalyst, the asset has now passed the pilot stage with Indorama. The next steps are now to fully form the commercial JV with a third partner now at the table, publish the FID (final investment decision) and get the EU to fund part of it through a grant

#BLOE CCSU is the largest C02 store in Europe and if it extends to the whole basin will be the biggest in the entire world by a large margin 8.8 gigatonnes, no singular CCSU project is even close to 1 gigatonne let alone 8 😂 for perspective

Azerbaijan has teamed up with Georgia to build a hydrogen pipeline to the EU, which will pass directly through Blocks licence areas and along the CCSU project

Eyes on could be an absolute game changer and #AIM first

Looks good T over 1b volume

PREM hiring a plant production manager leakedddd

Great volume

Holding well, ccsu can fill the void until sanning framework agreed

Ccsu updates over the next few weeks

3rd partner mou

Definitive JV with indorama

Did

Easy hold

Looking good guys, the rot is over

Potentially an Offtaker or a build specialist

Either would be a super major

3 times a third partner has been mentioned

Wonder why 🤔

What are they bringing to the table that indorama can’t do? Must be a juicy one

This month or next we’ll find out

All tied up in definitive agreements I’m afraid

Much better volume

Ccsu the near term

#BLOE a genuine 10 bag plus opportunity

Backtest and placing done, entering a news rich company changing period

Carbon Capture: already credited as Europes largest and an asset of “significance” by Georgia, it’s been piloted with success

Next steps: FID, JV formalisation with Indorama & a new secret partner

2-6 weeks

Sanning framework: secured a downstream Chinese major with deep pockets to fund and explore oil/gas assets, cheque already written for $75m with other BLOE assets put infront of them

Next steps: formalise JV and workstreams for project 3

H2 2026

Project 3: known resource that can deliver 83,000 boepd more than most mid/large cap oil companies on lse. Funding package agreed via Sanning framework ($75m 49%/51% split no cost to BLOE)

Next steps: JV formalisation, boots on the ground/Block already have their own rigs and crew

1-5 months

Gabon: a proven asset via Shell that produces 3000+ bopd per well, 3 well programme 9000 bopd+, $70m to get into production 1 year payback. Presented to Sanning and Aspect (Blocks USA major partner on project 4) 75% ownership. Cash generation to fund the 3 discovery assets in Gabon

Next steps: volumetric data revision, JV mou

1-3 months

Other items:

Project 1 finance/JV to ramp up to 2000 bopd on an already producing asset. Could be wrapped up with ccsu

H2 2026

Project 4 seismic from USA JV Aspect, $95m workstreams

1-4 weeks

Project 2 500m barrel JV mou

1-3 months

£12m cap £6m+ cash with cash generating assets

#BLOE a genuine 10 bag plus opportunity

Backtest and placing done, entering a news rich company changing period

Carbon Capture: already credited as Europes largest and an asset of “significance” by Georgia, it’s been piloted with success

Next steps: FID, JV formalisation with Indorama & a new secret partner

2-6 weeks

Sanning framework: secured a downstream Chinese major with deep pockets to fund and explore oil/gas assets, cheque already written for $75m with other BLOE assets put infront of them

Next steps: formalise JV and workstreams for project 3

H2 2026

Project 3: known resource that can deliver 83,000 boepd more than most mid/large cap oil companies on lse. Funding package agreed via Sanning framework ($75m 49%/51% split no cost to BLOE)

Next steps: JV formalisation, boots on the ground/Block already have their own rigs and crew

1-5 months

Gabon: a proven asset via Shell that produces 3000+ bopd per well, 3 well programme 9000 bopd+, $70m to get into production 1 year payback. Presented to Sanning and Aspect (Blocks USA major partner on project 4) 75% ownership. Cash generation to fund the 3 discovery assets in Gabon

Next steps: volumetric data revision, JV mou

1-3 months

Other items:

Project 1 finance/JV to ramp up to 2000 bopd on an already producing asset. Could be wrapped up with ccsu

H2 2026

Project 4 seismic from USA JV Aspect, $95m workstreams

1-4 weeks

Project 2 500m barrel JV mou

1-3 months

£12m cap £6m+ cash with cash generating assets

#BLOE a genuine 10 bag plus opportunity

Backtest and placing done, entering a news rich company changing period

Carbon Capture: already credited as Europes largest and an asset of “significance” by Georgia, it’s been piloted with success

Next steps: FID, JV formalisation with Indorama & a new secret partner

2-6 weeks

Sanning framework: secured a downstream Chinese major with deep pockets to fund and explore oil/gas assets, cheque already written for $75m with other BLOE assets put infront of them

Next steps: formalise JV and workstreams for project 3

H2 2026

Project 3: known resource that can deliver 83,000 boepd more than most mid/large cap oil companies on lse. Funding package agreed via Sanning framework ($75m 49%/51% split no cost to BLOE)

Next steps: JV formalisation, boots on the ground/Block already have their own rigs and crew

1-5 months

Gabon: a proven asset via Shell that produces 3000+ bopd per well, 3 well programme 9000 bopd+, $70m to get into production 1 year payback. Presented to Sanning and Aspect (Blocks USA major partner on project 4) 75% ownership. Cash generation to fund the 3 discovery assets in Gabon

Next steps: volumetric data revision, JV mou

1-3 months

Other items:

Project 1 finance/JV to ramp up to 2000 bopd on an already producing asset. Could be wrapped up with ccsu

H2 2026

Project 4 seismic from USA JV Aspect, $95m workstreams

1-4 weeks

Project 2 500m barrel JV mou

1-3 months

£12m cap £6m+ cash with cash generating assets

Bouncing slightly l, think the mms found the bottom of the barrel

Ccsu update any day could be a banger

RBD want west newton, im sure Eog would be interested in wressle

Next week for prospectus and unlocking the £50m funding?

Https://www.yahoo.com/news/politics/articles/u-house-approves-utah-backed-181411830.html