Member Info for ifiknewidberich9

Highlights

50 companies have shown interest in exploring new possible oil, gas and coal deposits.

For decades, security concerns and limited investments have hampered oil and gas exploration efforts in the Asian country.

One estimate states that only about 10 per cent of the country's territory has viable geological data that can be useful for oil and gas exploration.

The country is pushing a multi-pronged strategy to sustain the peace and bolster investments to unlock the investment potential for its energy sector.

Lots of companies but for main Pi regions, the BARMM only had something like 8 bidders across All it's licenses and the 2 we are in for in the Sulu Sea , our jv/consortium THE ONLY BIDDER for both, so unless they want to shoot themselves in the foot from the outset, no contest, 2 licences WILL come our way. 👍

Read one first thing this morning , some place in Northern Ireland had 114 mph winds and it was heading your way, with a UK RED Weather warning in force for Scotland from 10am...... GL M8 , that's some serious winds.

Phillipines onshore and offshore OTHER AREA's matey, Pi going through a big boom, we are not as such Pi, we are the ecently made autonomous Muslim region the BARMM, it's hand being held by the Philippines DOE as it tries to spread it's wings.

Pi , Oil gas and Coal in big demand , as posted a while ago

https://gulfnews.com/special-reports/philippines-boom-time-for-oil-gas-coal-exploration-1.1721054279700#:~:text=Philippines%3A%20Boom%20time%20for%20oil%2C%20gas%2C%20coal%20exploration&text=50%20companies%20have%20shown%20interest,efforts%20in%20the%20Asian%20country.

Get that red dot flashing AP

On that one , both UK companies "unaware" of the results , until came into work that morning, then had to go into the queue with the Nomad for the dual company RNA release over rns..... 13 hours Known to all and Sundry, just shows Mr Market , does not do rumour , external or social media pick ups........ unless it want's to 😉😅

Been in many others in the same situation Filthy, most RNA's have come first over the ASX ANN (announcements) , some have taken an eternity to then be copied and pasted on to the rns news wire.

One eg , released 2am our time in OZ, involved 2 on the London markets PXEN and UOG if I recall correctly, was 3pm our time when they coordinated released the same word for word document.

Was a good day for some of us, Mr Market did not move other than a tad, until the 3pm release, so some very nice top ups in play.........fingers crossed we get a similar result.......GLA

Signature of the LOI enables the Company to progress regulatory approvals for the use of the jack-up rig in Timor-Leste, including the preparation of the required drilling safety case and other campaign specific documentation, in compliance with applicable law in Timor-Leste. The rig is expected to complete its ongoing work in the region before becoming available for Chuditch appraisal drilling in Q2 2025 (April-June)

Which all still fits for AB's timeline and handover May would be nicer than June but as AB previously reported, can not be certain on any handover being on time. GLALTH

AQSE now showing a single trade today , probable sell 658k shares, as said AQSE wakes up, Boil bubbled over, guess we wait for Sunda to be cooking on Gas...........

sadly very few investors these days, many investing for a spike , not the journey, kill the rise that could have been.

pre 2000 , before all the bucket shop wonga's confetti the **** out of everything, this would probably have been sitting

at a £50m-£100m mc already leading into a major size drilling event.

Stats on the REAL Exchange also a guide

Volume

97,925,719

Turnover (on book)

£928.20

When we break, good days usually that Turnover figure on the REAL LSE Moves into the thousands, on the BREAKOUTS, it usually flies into the £25k-£35k range and the AIM/AQSE registering sessions in the multi billions of shares.........

Not seen the volume or the trade size to support that, as said last major event (the seismic rerun results) lots of £75k-£200k trades and a high of £324k, gave it some welly going 0.05p to 0.35p (now about 0.26 mc high)

Not the only serious bid, THE ONLY BIDDER , so no competition, we get it or nobody does, which being the breakaway BARMM regions 1st bid round, would be a DISASTER for them.......

Good markers are the AQSE and 0.12p, last for or five , have come on getting to around that level, then boomed or busted on the news flow that arrived.

Fingers and Toes crossed, i predicted the last one , break 0.17 (mc historic high) and its KABOOM , it did and added another 100% 0.35p, as said that benchmark is now 0.2699p, same again an 0.5p comes into view (Chuditch unlikely on just Philippines known result) GLA

The market gave us f and all value for Chuditch, when in Jan 2020 , we were looking at Shells figures of a drilled discovery , fully mapped license , with more leads and a current standing by SHELL , of over 5 tcf (850mboe and COS 100% on all future wells, many others across the market holding discoveries, with little value.

We even gave one away recently Boil/Sunda had around 30% of Dunrobin in the North Sea , again given bugger all value, it was rated the highest known DISCOVERY left undeveloped in the North Sea at over 220mbo with upside leads.

We shall see, hopefully as said some lift prior to the main event, but would not rely, on anything other than another traders , skimmers and scalpers SPIKE, to add to the dozens of other here this past 4 years.........GLALTH.

You'll know when this baby is breaking out, will move like a hairy bear in the wood, and big trades £75k - £200k, will arrive , then its FTM, record in recent times, an after close , highest price of the day £324k, that was all part of the last major move from 0.05 to 0.35p, that high with dilution is now 0.26p to go BLUE SKY rise...........High is always by MC rare as rocking horse 💩an old sp high.

Nothing to win FC , we (jv consortium) are THE ONLY BIDDER, just had to clear the stages of the process. The rest just waiting for the Ministry to decide when it makes the announcement.

Appeared from releases back in Aug/Sept, wording suggested results would all be announced together, so ours is easy but we still have to wait for the rest.

It now overdue, process was to be concluded by end/late 2024..........should not have to wait much longer for a known result.........GLA

Hoping for some lift (THAT HOLDS) BUT development is years away.........GLALTH.

What volume ? 60m total not even a good single trade these days

Record day 6000m+ with 1500m of that on the secondary AQSE market , dilution since would make it needing over 8000m to beat it by share base percentage....... todays current AQSE Volume 0

(boil/snda) been a very , very , very predictable share over the past few years, AQSE joins in with real volumes and its KAAAAAAAAAABOOOOM

Daily typical AQSE zero to not a lot of AIM daily volume - tumbleweeds

10-15% a nice BLUE day

15-25%+ and it's BLUE SKY breakout time............

Catherine West expressed her delight at the first official visit to Timor-Leste, saying that the United Kingdom and Timor-Leste “are great and long-standing friends” and highlighted that “the United Kingdom has also become home to the largest Timorese community in the diaspora”. She also reiterated the “United Kingdom’s commitment to supporting Timor-Leste in continuing to develop as a stable and prosperous nation”.

During the meeting, various issues related to bilateral cooperation, as well as global politics and geopolitics, climate change and economic development were discussed.

The meeting was attended by the Minister of Foreign Affairs and Cooperation, Bendito dos Santos Freitas, the Minister of Higher Education, Science and Culture, José Honório da Costa Pereira Jerónimo, the Minister of Commerce and Industry, Filipus Nino Pereira and the Ambassador of Timor-Leste to the United Kingdom, João Paulo da Costa Range

Timor-Leste and the United Kingdom Strengthen Cooperation During Catherine West's Visit

Print Fri, Jan 24, 2025, 11:04 AM

On 23 January 2025, Prime Minister Kay Rala Xanana Gusmão received, at the Government Palace, the Under-Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom for the Indo-Pacific, Catherine West, during her first official visit to Timor-Leste, on 23 and 24 January. The meeting reaffirmed the ties of friendship and bilateral cooperation, with emphasis on support for Timor-Leste's full membership of ASEAN and the strengthening of partnerships in key areas for the country's development.

Philippines , our consortium the only bidders, so in the bag, hopefully give a lift BUT , its years away, so do not expect too much at this stage.

As said many times, AB and his Sundagas team set up the TL Industry and still train to this day (since 2016) long before (Boil) Sunda Energy came on the scene 2020. At the hip with the locals, so as again said many times, if anyone was going to get in earlier than Sunrise, it was always going to be AB and Chuditch, which was Sundagas reward and handed over NON TENDER as the SHOWCASE , to launch the first TL license bid round (not Sunrise).

Now a plan/MOU in place , to drill and pipe to production at Natarbora via Bayu...... all now good to go......... 👍