Member Info for Jarv55

Hope it comes in for all the lengths here Good Luck All the market could do with a winner.

We look forward to the upcoming planned Hickory-1 flow tests which, if successful, will enable the certification of additional contingent resources in the shallower reservoirs and move another step closer to appraising the discovery. We remain on track for Q1 2024 operations for this exciting project."

NSAI's maiden Independent Contingent Resource Report was completed after its review of an extensive data suite that included seismic data, well logs from Hickory-1 and Icewine-1 and certain data from wells in adjacent acreage including flow test data. NSAI is a leading independent US-based expert petroleum asset evaluation firm with significant and recent experience in providing resource estimates globally, as well as more specifically in Alaska.

NSAI confirmed that the following requirements were met by the Company to achieve a Contingent Resource classification for the BFF reservoir:

· Multiple successful flow tests for the same reservoir in adjacent acreage.

· Clear reservoir continuity was demonstrated through high quality seismic data and correlations across all four wells, Talitha-A, Theta West-1, Hickory-1 and Icewine-1.

· Log data, petrophysical interpretations and reservoir conditions across all four wells demonstrated sufficient similarity to confirm producibility in Project Phoenix.

· All existing data was integrated consistently and coherently which established the existence of a known petroleum accumulation in the BFF reservoir in Project Phoenix.

This assessment confirms a discovery status at Hickory-1 and Icewine-1 for the BFF reservoir in Project Phoenix and further validates 88 Energy's internal assessments of Project Phoenix.

Key anticipated milestones

The Board anticipates the following key milestones for the Chuditch project in 2024:

· Site survey at the proposed Chuditch-2 appraisal well location in the first quarter of 2024

· Completion of drill funding and securing a rig slot in the second quarter of 2024

· Obtaining the required environmental and drilling approvals in the third quarter of 2024

· Well mobilisation, well spud and drilling results in the fourth quarter of 2024

Baron is preparing for operations to drill and flow test the Chuditch-2 appraisal well in late 2024, subject to the availability of a rig, drilling services and the completion of drill finance. In this respect, discussions are underway to secure a rig slot and on 12 February 2024 the Company announced that it had entered into contracts to conduct a site survey at the planned drilling location for the Chuditch-2 appraisal well. Contract Year 3 of the PSC, which commences on 19 June 2024, includes a commitment to drill an appraisal well by 18 June 2025.

The Chuditch-2 appraisal well location represents a significant updip step-out, which is 4.8km from the Chuditch-1 discovery well drilled by Shell in 1998.

Baron's key objectives from the Chuditch-2 appraisal well include:

· prognosing a potential 133 metre gas column, versus a 30 metre column at the original Chuditch-1 location

· validating gas resource estimates

· performing a production flow test (drill stem test) to enable future field development planning

Advanced well planning in relation to the Chuditch-2 appraisal well is underway. Baron is also evaluating potential gas development and export options.

Baron's current activities in relation to advancing the Chuditch project include:

· Discussions with rig owners

· Identifying potential logistical synergies with regional operators

· Progressing the environmental approvals process

· Preparing to conduct a site survey at the proposed Chuditch-2 appraisal well location

· Commencing the procurement process for long lead items

· Updating of the well design and costs

· Recruiting for key posts, including Well Operations, Health, Safety and Environmental and Procurement

· Ongoing discussions with Farm-Out and other potential funding partners, as part of the Farm-Out campaign

Https://x.com/AiMTrades1/status/1769645799296696662?t=RZka7J19gOeV-l-ZoZdJmA&s=35 rig could be the valaris 247

Secret squirrel think we would be better off dumping the the North Sea assets and concetrating on Asia.

Https://x.com/SteveStubbsy1/status/1769369444847935692?s=20

Great post Tradedesk

8 February 2024

Baron Oil Plc

("Baron", or the "Company")

Completion of Farm-Up with TIMOR GAP

Further to the Company's announcements of 24 January 2024 and 1 February 2024, Baron Oil Plc (AIM: BOIL) is pleased to confirm that the Farm-Up Agreement between Baron's wholly owned subsidiary SundaGas Banda Unipessoal, Lda. ("SundaGas") and TIMOR GAP Chuditch Unipessoal Lda ("TIMOR GAP") in relation to the TL-SO-19-16 Production Sharing Contract (the "Chuditch PSC" or the "PSC"), offshore Democratic Republic of Timor-Leste, has completed.

Worth listening to from 16mins in https://youtu.be/c_ugjmpiq50?si=bC9l2Ks0eWLWPOLJ

With regards to Sp Angel do have to agree with him on the warrants side they should not of had warrants, but it does also sound very much like sour grapes and for an ex broker its very unprofessional behaviour. https://www.lse.co.uk/rns/ARCM/change-of-nominated-adviser-fwruelqj9etfqod.html

Bring it home ANDY and #sackTIM

Dr Andrew Butler

Director

Andy has over 27 years of experience in the oil & gas sector and is CEO of SundaGas Pte Ltd (“SGPL”). Previous roles have included VP of business development at Mitra Energy Ltd (now Jadestone Energy Plc) and new ventures manager and a principal consultant geologist at BG Group. He is currently the First Vice President of the South-East Asia Petroleum Exploration Society (SEAPEX) and is a Fellow of the Geological Society and the Society of Petroleum Engineers. He has a Ph.D in Geology from the University of Cambridge and a B.A. in Geology from the University of Oxford.

Oops looks like Santiago went short whats the matter pal no more insider info for you. This is the best news possible for Boil

Andrew Butler owns a lot of shares in Baron Oil, he is passionate about the assets and and works his socks off in Timor Leste he is not alifestyle bod member who wants to keep diluting at low prices. Roll on the Pr kicking off here and of course the other new bod members.

Best news ever today congratulations on the new job Andy Butler now lets get Chuditch on the UK map.

Finch since 2020 so you are all getting a good price today compared to what I paid, can't say I am impressed with the way this has been handled by the bod but at least we are now cashed up for Botswana and mainly we will take out a large seller, just the placing to churn then we should move, easy money for any one buying in now. Lots of news flow due over the month.

I personally think the selling was a lot of Uk traders going short as they knew they were going to place.

Well placees were told 22.5million are being bought for 1.8p lets see what it is when they rns it will take a while to transfer shares and cancel them I expect.

Diamond Geezer the register was checked and if I remember rightly they had 23 million left.

Filthy Butler is very passionate about Chuditch and TL you can see how much he looks comfortable being there.

Bayu is still producing

Good to see this moving back up https://invst.ly/13zp96