Member Info for Desmond45

Based on DW response this morning and previous correspondence I have now decided our fo partner is SHELL. Heard it here first

He replied to me this morning

Will finish positive here

Maybe Dave should announce that final approvals have been granted, with further details to follow.. to allow the sp to increase from anticipation. Unless the approvals weren’t scheduled within the first 2 weeks of June (unlikely)

Still in Jiddy. Biggest onshore discoveries over at UJO and RBD with 65m prospective zone and only up around 30-40%.. yet we are expecting a 3 bagger from a farm out?

Not sure if there is any bark left in this dog

65m column of hydrocarbons what a monster

Looks like we are farming out 1 well then according to big Erik

- Final approvals AND documentation are both scheduled to occur in June.
- Final documentation of the agreed deal will only commence after the final approval is signed off.
- A document of this size must take AT LEAST 1-2 weeks to document, quality check for errors etc. That would mean the documentation could be scheduled to commence week commencing 17th June or 24th June.
- If final approvals were not granted, this price sensitive information should in theory be announced immediately (as per ASX rules). Meaning approvals must surely have been scheduled in the first 2 weeks of June to allow time for subsequent documentation.
- Generally bad news drops on a Friday. If there is no bad news tomorrow or at a push next friday, then we are in the midst of documenting the agreed deal.
- If FOMOFO is to kick in, it will be next week.

Thursday musings......all IMO..... Good luck 88rs it's about time we all got a break

The bottle of celebratory icewine in my fridge is starting to fester. Been there a very long time now... Let’s be having a ‘value add event’ David!

As long as it’s jam today and not jam tomorrow 3p will do nicely!

Breakout this afternoon ahead of Monday’s big announcement

No dreaded Friday RNS today... phew

Good - Conoco, shell, bp

Bad - Thomas cook, Debenhams, red emperor

Leaky ship here people loading up for farm out

City is just mad because Liverpool won the champs league and his tin pot club didn’t

The market is never wrong... and it’s telling me we might just have a farm out! GL

Looks like a leaky ship. Load up quick!

1p by Friday

Wouldn’t want to be out of this baby over the weekend.