Member Info for Dicko80

The farm in partner will be operator not TRP , that's obviously a good thing 😀

I haven't mentioned Cameroon my post was Namibia

If we update the market with volumetrics and get a partner for 3d and 1 well commitment its clearly good that rig Is available from summer 24 !

James

Thank you for the kind words

Availability of a rig is good news especially in one of our licence areas as rig availability as we know has been very tight, hopefully it's a sign of the market being abit more open which for us is a good thing..

So my post was for awareness

Now do us all a favour and fcuk off

Thanks

Https://www.offshore-energy.biz/with-shell-opting-out-of-last-extension-option-in-namibia-rig-available-for-hire-in-summer/

December 12, 2023, by Melisa Cavcic

Offshore drilling contractor Northern Ocean is on the lookout for further assignments for a semi-submersible rig, which is expected to finish its work with Shell in the summer next year, as the oil major chose not to prolong the rig’s current job off Namibia.

Thanks kever

Worth noting the initial target 0.24p is just for securing the rig and a 68% WI without dilution for 15mmbbls appraisal well , contingent resources, further sp target of .80p for Ph1 production

The Appraisal well is also drilling through other potential oil reservoirs which there is P50 prospective resources of additional 25mmbbls , so this would be another 17mmbbls to TRP in the success case , this isn't included in the sp targets which would double the targets

Also 15mmbbls is only a very small percentage of the companies potential, the report indicates over 2.1 billion bbls , although this is conservative, 15mmbbls is about 0.7% potential of the overall resource so purely on the contingent 15mmbbls potential 28bags from here for just .7% of the overall portfolio

We await updated volumetrics for Namibia which I believe will be much much bigger potential than the 1 billion SP Angel allow in their prospective resources

Rig contract unlocks the potential

Buy and hold for 2 years

Fill or killorders only

There is clauses in place they can't just sell, they are restricted

Please refer to Jan 23 RNS forinfo

I did tell theeeeeeeeee this morning

Big buys coming in !!

Steve as Kever has stated several

WTF are you saying ?

English please

Ticking back up , did tell you this morning Steve she was ready to move north

Move on James , all the best

She's ready to move back up

As I typed! 10m buy at .0261p

Paying over

Good entry or top up

STRONG BUY

They want you pay over the offer for 10m

Spoke with the company, nothings changed

if it had they'd updated the market

STRONG BUY

Https://youtu.be/tCckFVp8dbI?si=wa_Zg1Yb7HQYgkYh

Ignore the non holders , soon get bored

30 bags from here just for njomi

30bags

Without anything else

Buy and tuck away for

njomi 2024

Namibia 2025

SA 2026

Our unrisked Njonji Phase 1 valuation is 0.57p/sh net to a 68% WI, which rises to 0.83p/sh based

on a 25mb development at the SP Angel LT $90/bbl Brent oil price forecast.

Just ph1 for njomi 0.83p !!

0.83p !!

Add in Cameroon other plays,Namibia and SA billion bbls potential

What price then !?

Mkt cap £2.4m

Strong buy

Working overtime today Gord, I see your first post was Friday, how many shares do you own in TRP ?