Member Info for EarlofAim

****that's 700% rise needed****

re rerate coming soon!!

3000bopd = 1,095,000 barrels of oil per year.

At an average oil price of say c. US$100/barrel, that would equate to a sale value of c. US$109.5M. p.a

re rerate coming soon!!

3000bopd = 1,095,000 barrels of oil per year.

At an average oil price of say c. US$100/barrel, that would equate to a sale value of c. US$109.5M. p.a

investSmart
what's happening in the Norway forums about Zen

https://twitter.com/SamAlyemen13/status/1592367937037688834?t=JCRRYJtQ3ki3zdpep5pEaQ&s=19

from twitter

Maeen Abdulmalik Saeed is a Yemeni politician who has been the prime minister of Yemen since 15 October 2018. He previously served as the minister of public works in Bin Dagher's cabinet. Wikipedia
Born: 1976 (age 46 years), Taizz, Yemen
Office: Prime Minister of Yemen since 2018

Mannan
when you asked me on UKOG I did say it's looking good for the next RNS.
it's doing well without the rns
:)

look at ZEN
zenith Energy rns dated 14 November 2022

Check Zenith LinkedIn post Mostly like by OMV employees in Yemen
3000 bopd we are talking now.
Govt approved OMV stake sale in September
https://twitter.com/ConnieDeWitt16/status/1567190317040046080?t=LK4vYyRmTQoRbR4hoWdUtw&s=19

https://twitter.com/SamAlyemen13/status/1592367937037688834?t=JvaKXGEUs8D6JkOsl1pG-w&s=19

About Yemen

· Yemen is located on the southern end of the Arabian Peninsula, sharing a border with Saudi Arabia and Oman.

· The country has significant oil and natural gas resources sufficient for both domestic demand and international exports, however, it is not currently a major hydrocarbon producer relative to several other Middle Eastern countries.

· Yemen sits on proved hydrocarbon reserves of c. 3 billion barrels of crude oil and 17 trillion cubic feet of gas (US Energy Information Administration). Its main crude export grade is light sweet Masila, with an API gravity of 34.10.

· Until 2009, Yemen reinjected most of its gas production to aid in oil recovery, but has since become an LNG exporter, with the government aiming to increase the use of natural gas in many sectors, including in electricity generation.

-ENDS-

14 November 2022

November 14, 2022

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Opening of Representative Office in Yemen

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets in Africa and Europe, is delighted to announce that it has opened a representative office in the city of Aden, located in the Republic of Yemen.

Andrea Cattaneo, Chief Executive of Zenith, commented:

"We are very pleased to have opened a representative office in Yemen. The team and I have had the opportunity to visit Aden and to have fruitful interactions with the country's local authorities.

Yemen is a country endowed with very significant oil and gas reserves, having attracted sizeable investment from many leading international oil and gas companies in the recent past.

Positive political developments achieved during 2022 have given hope of long-term stability being successfully maintained and set the conditions for renewed foreign investment in the local economy, including the oil and gas industry.

We see great potential for Zenith's establishment in Yemen and look forward with enthusiasm to updating the market on our future progress

Yemen is the poorest Country in the Middle East,

look at how countries like Qatar, Saudi Arabia, United Arab Emirates oil and gas made them rich and modern.

Yemen is the poorest Country in the Middle East,

look at how countries like QARA, Saudi Arabia, United Arab Emirates oil and gas made them rich and modern.

clue is Finance is Approved!

just needs formalising,
Rns gave a massive heads up.
GLA and Dyor before its too late

21 November 2022

Tower Resources plc

("Tower" or the "Company")

Cameroon Financing Update



Tower Resources plc (AIM: TRP.L), the Africa-focused energy company, is pleased to provide an update on its financing activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon.



Cameroon Financing:



Tower is pleased to announce that its subsidiary, Tower Resources Cameroon S.A ("TRCSA"), has been notified by BGFI Bank Group ("BGFI"), the largest bank group in Central Africa, that the medium term loan of approximately US$7 million for which TRCSA and BGFI agreed a term sheet at the end of June 2022 (the "Loan"), has been approved by the credit committee of the Cameroon bank. Further approval is still required at the BGFI group level and discussions are now turning to the details of the structure and documentation, as well as a potential modest enlargement of the facility

wow
this is insane buys.

Davy50
just chill young man, Lol

there is no game, trust me, it's about getting to buy bargains share and wait for the moment.

hi Mannan

I've not followed UKOG last few weeks, however I have Turkey news should give sp a uplift.

as for TRP yesterday Rns did say Loan is Approved, I reckon it's just formalities being done.

Davy50
could you explain the trades printed, I mean look at the value, who on earth trades with 50p £1 90p etc......
I mean IG minimum trade is £100,
you must know that.

hi Davy50

it's nice to see you on here, Honestly I reckon Loan has been approved and TRP Tower Resources only doing the formalities.
what's your thoughts Davy50?