Member Info for itsawrap

...that's the unwritten strategy, i.e., the A B C of a lifestyle company

Persimmone says - "In this sector patience is key. Immediate profits aren’t the goal; delivering long-term value through developed and producing assets is. "

Reabold says - Reabold’s strategy is to invest in existing undeveloped gas discoveries with significant resources and near-term production potential, which have considerable valuation uplift potential and a clear monetisation plan. Proceeds from monetisation events are balanced between shareholder returns and re-investment into new and existing projects.

...although persimmone's pov appears to contradict RBD's stated strategy, I have to admit, his pov seems to be a more accurate reflection of what they actually do. Colle Santo is the only project that fits RBD's version and may actually deliver, all the other projects are rainbow & unicorn projects.

...in which case persimmone will buy another 1% : )

..if we get a good result at Taylor and a good result at Kedd, the sp should perk up significantly, follow that with a good result from Moccasin and we could be back to 20p in Q2

Ricardo the November data for Andrews will be out in about a week.

Wressle forecast for 2025 by GC is 200 bpd across the year - so far it has been producing significantly above GC's yearly forecasts. In EOG's video last month, they stated that Wressle was at 250 bpd (371 bpd in Sept and 310 bpd in Oct)

Hopefully Keddington will pick up slack!

RNS 26.09.24

On the basis of the HoA, LNEnergy and Gunvor intend to negotiate a fully-termed LNG sale and purchase agreement over the next three months. During such time, LNEnergy will exclusively discuss the sale and purchase of LNG from ColleSanto with Gunvor, whilst concurrently focusing its efforts on obtaining the required permits to construct and operate the LNG production facility.

LNenergy SRL 15.11.24

The national EIA commission will give its opinion on the project by the end of the year.

...no news from either company - treating shareholders with contempt as usual

...Option expires 01.02.25

Cash balance at 31 July 2024: £1.5 million

...any idea as to our current cash position?

Yeehaa, the resident clown is back!

No update from LNenergy SRL and no update from RBD re the Gunvor negotiation...meanwhile just over 3 weeks until the option expires. I'm hopeful that CS will get the permit but will a new option be for more than the current $11m exercise price?

I think that's the 3rd or 4th time you have told me that you have me filtered (on rbd and ujo)

...yet you keep reading my posts...you should do stand-up

Unfortunately timeliness and transparency are not in Bramhill's playbook

26.11.24 RNS “We look forward to informing shareholders and the broader market on progress at Taylor following

its completion.”

I am confident that the significant increase in drilling, appraisal and development activity now planned in the

pursuit of growth from our balanced UK and USA portfolios has the potential for significant value creation for

shareholders. We believe our heightened activity and the expected additional news-flow generated, combined with

effective investor engagement on both sides of the Atlantic, will continue to attract the ongoing support of our existing

shareholders and the attention of new investors, broadening the appeal of the Company to a wider audience. May 2024

"effective investor engagement" ???

Kawasaki, Moccasin's permit to drill was issued on 30.12.24 - here is the permit

Https://public.occ.ok.gov/WebLink/Docview.aspx?id=17375622%20&cr=1

...not exactly the "back-to-back" drill with Taylor that Bramhill stated repeatedly

Https://public.occ.ok.gov/WebLink/Docview.aspx?id=17375622%20&cr=1

details of the permit should anyone be interested

List updated - Moccasin was granted approval to drill on 30.12.24

we're still waiting for you to explain what "strong progress" was made in 2024?

you've been ramping the **** off rbd and now you're here, you're full of it mate. anyone who doesn't agree with you is accused of being a shorter, or conspiring with tw, or not a shareholder, grow up...

"...which show strong progress and responsible financial management"

Really? so what "strong progress" was made in in 2024?

If a placing was oversubscribed I have no doubt that Bramhill would grab every last penny

Hydras, Bramhill seems quite gullible for "an oilman with over 40 years experience". For years he has swallowed all the unrealistic timelines and action-plans from Egdon, Reabold, Rathlin...and now Reach, hook, line and sinker. Just look at all the crazy ramping he has included in the RNSs (and Interims) for our US assets...I bet Reach can't believe their luck to have landed a whale with such deep pockets

From the tradingeconomics site

European natural gas futures climbed to €51 per megawatt-hour, the highest since October 2023, before easing to €50 as the region faces freezing temperatures without a key supply route. Russian gas flows via Ukraine stopped on New Year’s Day after a transit deal expired, leaving no replacement and raising concerns about faster storage withdrawals. With inventories already depleting at the fastest pace since 2021, sub-zero temperatures in parts of Europe could drive up heating demand. While Europe has enough gas for this winter, refilling reserves next season could be costly. Greater reliance on LNG, including pricey imports for landlocked nations, adds pressure, especially as Asia’s summer demand intensifies.