Member Info for Hepseal

Yep - The flow figures are not news - they have already been issued under an RNS and as Bobbby says the last reported average daily production figures were in fact 527 boepd.

With regard to investment Indorama have also stated that they are investing 130 million USD in their global "Decarbonization Plan". Although only a portion of that amount will be spent in Georgia it does seem to indicate they could be investing a substantial amount in the Block CCS project.

There are more questions than answers

And the more I find out the less I know

"Success with our CCS initiatives will be truly trans formative for our decarbonization agenda!"

Indorama making all the right noises!

Did you see this bit Bobbby - On your last post if you click on "Plan Detail" Block get a mention on Page 2 under "Aspirational Projects".

Ps - text got muddled up - last sentence referred to CCS project.

Great find Bobbby and thanks for posting.

"Carbon Capture and Sequestration (CCS) projects in Nigeria and Georgia to drive significant emission reductions further."

Your question, which I am sure you did not need to ask - ""Is that Block energy I wonder!!??"" - Has to be!!!

Certainly knocks Geowiz's comment into touch.

Also, I was thinking about Block 12 myself and as you say the outcome will be interesting. not sure if Block would be in a position to go for it alone at this stage but you never know. Even if Block do not get it could there be some spin off in Blocks favor with the new licence holder??

I know people want instant news but I do actually there is quite a lot of momentum behind this project.

Bedex - For the record, as I have said before I do think PH has been somewhat overpaid to date and I categorically do not think he should have a bigger salary at this stage.

However, IMO, PH should be given a lot of credit for building the company, acquiring the Schlumberger Blocks, developing the multi project strategy and securing a partner for the CCS project and I can see no merit whatsoever in changing the CEO at this critical stage.

Correction Bedex, PH does not have "first dabs" on the loan:

"Lending parties associated with management and the Company have agreed to subordinate their position to the two institutional lenders in the Loan Facility in the event of default"

Furthermore, many of the "oodles of shares" that you refer to were allocated in lieu of salary when the share price was much higher so he will have taken a hit like the rest of us.

Stock Maiden - I can locate satellite pictures of all the Project 1 wells together with the Rustavi Azot factory complex on Google Earth in a matter of seconds - can you???

Shame that Max is not speaking - I reckon he could be next year if all comes good!!

Max Richards is the Group Business Development Manager for OPC. Max is also our in-house specialist for Carbon Capture and Storage, playing a key role with OPC’s technical team in all projects involving Energy Transition. He has an MSci in Environmental Geoscience.

Cheerful - I happen to be a similar age to AJW but that is as far as the similarities go.

Anyway, good that you see the potential here.

Bernie - are you saying the figure of 521,428,571 shares as stated in the Audited Results is a mistake (reviewed 16th Dec and issued by RNS 20th Dec)

Included as part of the Audited Results issued on 20th Dec

Found it - Review 16 Dec - 521,428,571

Sandals Halcyon (& Eastwinds) to the North of the island.

Hotel Choclat & Sugar Beach to the South nearer the airport.

Much of Sugar Beach used to be owned by Lord Glenconner / Colin Tennant (Mustique fame) and 20 years ago he had a restaurant (timber shack) on the Beach called "Bang between the Pitons" - I could go on but I better leave it there.

Lothbury- Have you sold some MOS shares to fund your trip??

East Winds it was Mike - and no kids when we were there - Have a good time.

Happy Christmas to all sensible posters who post genuine comments.

St Lucia? - Not EW by any chance, was there in Nov!

I actually seem to have made some money here but not quite sure how it has happened ! - Happy Christmas to all.

Good evening Bobbby - I agree with your first paragraph 100% - I also see the CCS partnership as a 3 way venture, Block, OPC and Rustavi Azot - if all comes good everyone a winner so each partner will be striving to make it happen.

With regard to your question I don't have much technical knowledge but I had assumed that the Workover / Completion is primarily to do with the CCS project. Having re read the RNS I tend to think that is still the case but if the workover does assist oil and gas production I would take that as a bonus.

Bobbby - Tweet indicates a good working relationship with OPC.