Member Info for GozoMike

1800 miles apart so total rubbish

If its a sucessful well as you suggest, it must by definition be 100%

Between 15 and 19th October, date to be confirmed by Sarah Dees. Provide your own transport and accomodation. No location for presentation as yet but suspect it will be the Atlas Terminus Hotel like last time , just outside the train station.

Run by Stefano Maddedu

I thought we were financed by Wonga. CrudeTrader could benefit from doing just a bit of research. Still , makes a change to the usual garbage concerning day to day share price movements.

It highlights the quality of his posts from the prevailing drivel from rampers and derampers. I much prefer researchers to cheerleaders. Each to their own.

JP confirmed a site visit will take place. Sarah Dees will arrange when dates have been confirmed. By email yesterday.

Hot and sweaty here at the moment, climbing to 32 C this week. Next rain September

Transaction Conditions Completion of the Transaction is subject to a number of conditions, including but not limited to, completion of satisfactory due diligence, the execution of the Definitive Agreement, completion of the Name Change, completion of the Consolidation, completion of the Split and approval of the Transaction by the TSXV and the board of directors and shareholders of each of PetroMaroc and Wolverine (if and as applicable). There are no guarantees that the Transaction will be completed as proposed or at all. A subsequent news release will include further details on the terms of the Transaction. About Wolverine Wolverine, a privately-held, Alberta-incorporated company, is an industry leading service provider in the Western Canada providing a wide range of services including: oil field rentals, heavy equipment rentals, construction and trucking services, and oil field tools. Led by a seasoned management team, Wolverine has executed eight accretive acquisitions of owner operated companies over the past five years, growing into one of the most dedicated and diverse product offering companies in Western Canada, with over 70 years of operational history. Wolverine has eight offices and facilities in Alberta and British Columbia. Unaudited revenues of Wolverine for the year ended March 31, 2018 were in excess of $40 million and unaudited EBITDA was approximately $13 million. Dennis Sharp, Chairman and Chief Executive Officer of PetroMaroc stated, “PetroMaroc has a unique opportunity to merge with an industry leading service provider, who has demonstrated best in class financial performance, operational growth and management during the economic downturn in Western Canada. As economic conditions continue to improve in Western Canada, each of Wolverine's divisions is strongly positioned for significant growth and execution of near term opportunities”. Jesse Douglas, President and Chief Executive Officer of Wolverine, stated, “Wolverine’s business model of consolidating owner operated companies, driving synergies and superior operational performance is a strong fit for PetroMaroc shareholders. Wolverine is excited to announce its transition to a publicly traded company”.

PetroMaroc Corporation plc announces Letter of Intent to merge with an industry leading Western Canadian services group, Wolverine Energy and Infrastructure Inc. TORONTO, Canada, June 12, 2018. PetroMaroc Corporation plc (TSXV: PMA) ("PetroMaroc") is pleased to announce it has entered into a letter of intent (the ”LOI”), dated June 1, 2018, to combine with Wolverine Energy and Infrastructure Inc. (“Wolverine”). Pursuant to the LOI, it is proposed that PetroMaroc and Wolverine will enter into a definitive agreement (the "Definitive Agreement") in respect of a business combination (the "Transaction"), which is anticipated to constitute a Reverse Takeover and a Change of Business (as those terms are defined in the policies of the TSX Venture Exchange) (the "TSXV"). On completion of the Transaction (the "Transaction Closing"), the Resulting Issuer is expected to carry on with the development of Wolverine's business. For the purposes of this press release, the term "Resulting Issuer" means PetroMaroc following completion of the Transaction. The Resulting Issuer expects to be a reporting issuer listed on the TSXV as a Tier 1 Industrial Issuer. The final structure of the Transaction has not yet been determined and will be structured subject to advice from the parties' respective business, legal and tax advisors. Prior to the Transaction Closing, Wolverine will complete a forward split of its securities (the "Split"), resulting in the current Wolverine shareholders holding approximately 60,000,000 Wolverine Shares after the Split. On or immediately prior to the Transaction Closing, it is anticipated that: (i) PetroMaroc will effect a name change (the "Name Change") to "Wolverine Energy and Infrastructure Inc." or such other name as may be determined by the board of directors of the Resulting Issuer; (ii) PetroMaroc will effect a consolidation (the "Consolidation") all of the issued and outstanding shares of PetroMaroc ("PetroMaroc Shares") on an approximate 1:16 basis; (iii) Wolverine will complete the Split. Following the completion of the Transaction, it is contemplated that the PetroMaroc shareholders will hold approximately 14% of the issued and outstanding shares of the Resulting Issuer on a non-diluted basis. The Transaction is not a "Non-Arm's Length Transaction" under the TSXV Policies and no Insiders (as that term is defined in the policies of the TSXV) of either PetroMaroc or Wolverine own securities in the other. Wolverine and PetroMaroc anticipate signing the Definitive Agreement on or before June 29, 2018. The closing date of the Transaction will be subject to obtaining shareholder and regulatory approvals.

Thanks for that, just needs a coat of paint and away we go.

Exploration, correct me if I am wrong, but you state the train system goes as far as Tendrara. In my experience, it only went as far as Oujda. This must be a new line surely as Oujda was definitely end of the line when I visited Tendara 2 years ago. It was 4 hours drive from Oujda to Tendrara and I did not see a rail line let alone a station.

The final stage of a 40 billion dollar international gas pipeline is under review by Italian Environment Ministry, (good luck with that then) known as the Southern Gas Corridor. It will take gas from Asia to Western Europe in the Trans Adriatic Pipeline on the final 3500 km journey and cost 4.5 billion dollar for the last leg alone. The contractors are BP, Italys SNAM and Spains Enagas. The pipeline will take 10 BCM of gas to Italy from Shah Deniz

The Maghreb pipeline has a capacity of 12 BCM per year and that is 2 x 22 inch pipes under the Med. One of the builders was Saipem

Capacity is 1.16 bcf per day

In case you missed this.earlier on amidst all the earlier excitement I am posting this again. Email reply - Dear Mike Thanks for your e-mail. A news release is prepared and will be issued in due course (we await clearance from TSX-V). Kind regards Martin Arch. CFO Petromaroc

Had an email back from Martin Arch CFO of Petromaroc Dear Mike, Thank you for your email. A news release is prepared We await clearance from TSXV. Kind regards Martin Arch

Ends 14th June, so not long to wait.

Is anyone able to quantify OCPs gas requirements. From my own research it would seem to.be minimal. The sulphacid process is exothermic with waste heat being reused. A new plant turns heat back to electrocity. They also use renewables to a large degree aiming for energy self sufficiency. ADNOC are the world experts at Sulphur production from sour gas, which would be useful at Sodi. But why would they want to spoil their own exports from Abu Dhabi.

Trading suspended, VANCOUVER, June 4, 2018 /CNW/ - The following issues have been halted by IIROC: Company: PetroMaroc Corporation plc TSX-Venture Symbol: PMA Reason: At the Request of the Company Pending News Halt Time (ET): 8:25 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions