Member Info for Jarv55

Was that a sell or a worked buy strange the price has gone up.

Just shows how fast it can move

Https://www.theguardian.com/environment/2023/sep/15/oil-companies-granted-licences-to-store-carbon-under-the-north-sea

Https://www.gov.uk/government/news/hundreds-of-new-north-sea-oil-and-gas-licences-to-boost-british-energy-independence-and-grow-the-economy-31-july-2023

Https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2023/06/AGM-Asset-Update-29-June-2023.pdf

You might want to look at the cash burn before getting too excited here . https://www.lse.co.uk/rns/RCGH/annual-financial-report-qer24p612blky5s.html

Fulmar Peggy won't ever take a bet with you that would mean their true identity would be revealed.

Bring on the value

Stephan Beringer, CEO at Mirriad, said: "We are delighted to welcome Nic to the Company and I look forward to working closely with the aim of driving long-term shareholder value. His combination of senior advisory and company-side experience in the UK and US will be invaluable as we look to execute the important next phase of our strategy with large entertainment corporations, scaling in-content advertising revenue through programmatic sales.

"On behalf of the entire team, I would also like to thank David for his outstanding contributions and commitment to the Company over the last eight years and, following the handover period, he will depart with our best wishes for success in his future endeavours."

What is changing is the need for production to be cleaner for countries to prove they are contributing to net zero that is where the Bayu CCS comes in and we could use Chuditch for that as well. I don't see that T: has many other choices it is their main income.

Howey we already have our Psc in place don't think permission is going to be a problem, we have very good relations with the TL government they are in consultation with us on every step of the way, and i do think it is Andy Butlers aim to employ and train as many as he can from TL.

I was listening to the Orca podcast today I found it very informative mainly that reaching net zero by 2030 will be near on impossible, we will need oil and gas for a long time yet, also any government coming in may not give out new licences in the North Sea but they won't revoke the ones in place and those licences are not just for exploration but for production as well. Orca can't name partners as they are under Nda and Boil won't name their partner for the same reason, a LOI or MOU is basically a handshake for exclusivity until a binding agreement is reached, if you are wondering what this has to do with Boil, Orca have applied for licences in the 33rd round the same as Boil and we should hear about these by the year end. The very interesting part is they have gone for some licences that Shell used to own.

Jed I think you maybe overlooking the fact that they own 75% of the asset. They could easily give away 50% for a free carry.

Interesting part for me was the cost savings mentioned drilling another straight well rather than an un-dip from the original plan, is the drill going to be cheaper or the same, quite impressive graphics on presentation how they have chosen the area to avoid the fault all done with AI.

Now the question for me is who would benefit in the area by sharing costs is it Eni, Santos or a smaller player? In relation to drilling planning, Baron has recruited a Well Operations Manager and scheduled planning workshops with government regulator ANP and joint venture partner TIMOR GAP. Baron is also in discussions with other REGIONAL OPERATORS to identify potential logistical and operational cost-saving synergies, and has submitted first phase documentation to ANP for environmental permits.

Les so its a buy then lol

In all the years I have been in Arcm , we have had some major delays and bumps in the road but don't think I have ever felt so relaxed knowing we are at the end game. Nick is in Zambia along with government officials hopefully we are going to be raising a glass to the management soon, its been a very long wait but it will be worth it. To all the neg heads you have had plenty of ammo to fire at the lengths and lets be honest the company have given you a helping hand but that is all about to change. You have played a very good game but now its our turn.

Good luck to all the genuine longs here, we are on the cusp of something beautiful.

Https://www.nextinsight.net/index.php/story-archive-mainmenu-60/903-2010-/3051-rh-petrogas-the-chairman-is-10th-richest-man-in-malaysia Ab has gone to work for them.

Filthy you are great at research maybe do some digging. AB pivoted to RH Petrogas about 6 weeks before the TL/China tie up is that a pure coincidence?

Pattison Woodside have dragged their heels and quite frankly need a kick up the back side.

Post by J C, [23/03/2023 12:09]

Timor-Leste petro chief surprises with joint-use pipeline plan for Sunrise 

TIMOR-Leste is proposing the Timor Trough-crossing pipeline to send gas from the multi-Tcf, Woodside Energy Group-operated gas field Greater Sunrise to its own shores be opened up to transport other parties’ gas.

J C, [23/03/2023 12:09]

At yesterday's AOG conference Autoridade Nacional do Petróleo e Minerais chief Florentino Soares Ferreira floated "the possibility of opening up for this pipeline, tapping into other fields like Chuditch.. And if Eni discovers Block B, then we can always tap into Block B as well". 

 

The nation is still also trying to entice E&P players to the offshore and onshore blocks it first offered at its 2019 licensing round. While the pandemic threw an entire toolbox worth of spanners into the mix, sources also confided to Energy News scepticism around fiscal conditions and the quality of the data room.

 

Italy's Eni, which holds the shut-in Kitan field, took Block B from the 2019 round. Earlier that same year it drilled an unsuccessful, dual-Jurrassic and Triassic target well.

J C, [23/03/2023 12:10]

Chuditch is operated by Sunda Gas, which estimates a 5 trillion cubic foot resource (2C) and has proposed a floating LNG development concept. 

 

This is seemingly news to Woodside, whose spokesperson simply pointed Energy News to prior statements on plans, with no reference to infrastructure sharing, which could change the scope of any pipe.

Https://investingstrategy.co.uk/stock-tips/prem-avct-kod-all-ggp-hzm-gmet-harl-vast-boil-were-in-the-endgame-now/

We continue to build out our operations, either in support of existing projects or in the pursuit of new opportunities. We are able to do this as the Company has a well-funded balance sheet which more than covers our current activities and commitments. Available cash (excluding monies held as security for the bank guarantee in Timor-Leste) as at 30 June 2023 was £4,619,000 (30 June 2022: £2,365,000; 31 December 2022: £5,807,000).