Member Info for e43

Yes, all painfully slow,costing Nigeria a huge amount in lost revenue due to natural well decline and no fresh drilling

Results OK,3c gross div to be paid end Aug.

ANOH ,first gas end of this Q3

Mobil/Exxon acquisition getting closer

The 2 big catalysts tantalisingly close.But not quite ....yet

Brent back to $77.70 ,all my oilers are down on this sudden fall,also possible industrial action by Nigerian oil workers being reported on Oilprice.com in Support of national minimum wage.

One way or another the terms are going to be broadly favourable to Sepl, the challenge once we have operational control is to get drilling to raise production back to close to where it was in 2022,which at current oil price,will be transformational for Sepl over a couple of years.

13.50 ,was a delayed trade so would have happened earlier when price was moving up fast.V pleasing day.

Yes v pleasing news,with ANOH gas project also close to completion Sepl future is exciting.

Yes ,looking forward to reinvesting the dividends,nothing certain in life but of any of the shares I hold,Seplat has the greatest chance of giving a livable income plus capital growth.

Ie,who has first refusal on the assets put up for sale.

Agree SeplW,that's why the wait very frustrating .

Although I note in Guyana, Exxon is trying to stop Chevron' s takeover of Hess using the same argument that the Nigerian state oil company used to stop our deal.

That's why the signing is dragging out,too many envious/jealous/greedy types wanting the 'fat' envelope before they let the prize fall to Seplat.

I'm also with ii and have just gone ahead and voted no a second time,not sure what the 'Patel' plan is above confusing investors into not voting, only takes a minute to vote NO.

Pleasing close,news has to be close,Nigeria still needs Exxon for deep water investments going forward, so surely enough pressure can be exerted on the vested interests of the state oil company to sign off the Seplat acquisition.

Hard to know Trek,not quiet sure how the Nigerian listed and London listed shares interact regarding settlement etc.

Anyway that's the largest buy I can remember here.Surely the Exxon deal has to complete this month,hopefully not to many extra 'Christmas Party Funds' being requested in return for signatures.

We all hoping ST ,just a v long corner!

That's why I'm expecting Rio or another major to make a move before EEE take the project much further.

Great Post,Rio will be watching v closely, a successful Pitfield could well cost them $100m per year in their own Titanium operations, I would be v surprised if they will take that risk,much better to buy Pitfield for $200-500million ish and develop it to fit in with their existing operations.

Sepl shareprice very strengthening on the back of comments by Nigerian Oil Minister the Exxon-Seplat deal 99% finalised.

478 000 NO Vote

Also worth re-reading the 11-7-2023 RNS ,ie Pitfield being the likely source of Sheffield Recources mineral sands deposits to the west of Pitfield and their composition.

470,000 no