Member Info for jazbo

Mike Buck, CEO of Petro Matad, said:

"The slow pace of the completion of the regulatory process that will allow us to commence the Heron development is extremely frustrating. WHILST WE ARE PUSHING HARD WITH ALL AGENCIES"

Perhaps the company emails to Agencies are just being ignored !

"Proceeds of the Placing will be used for further technical work in relation to PEL 94, as previously communicated to the market, as well as providing general working capital."

ie Company speak for keeping the CEO well paid !

"We are very pleased to enter the next phase of PEL 94 with the prospectivity intact and the flexibility which a two-year term gives to us and our partners." per CEO.

Why would anyone want to partner them when they could take the whole package for peanuts?

"6,314,115 ordinary shares of US$0.10 each (the "New Ordinary Shares") to be admitted to trading on AIM.

The New Ordinary Shares will be issued from time to time in order to satisfy the grant of awards under the Serica Energy plc 2017 Long Term Incentive Plan."

Another 1.6% of the company given away as LTIP.

I have Lousie filtered. But per Jimmy's post, is he allowed by LSE to post links to such a site

"CASH to Boil , for projects new, as in the North Sea "

by the time Boil see any cash any new NS projects will have been banned !

Jay Cheatham, CEO of Pantheon Resources, said: .... "Having now secured the desired acreage, Pantheon now intends to increase the profile of its project geology without fear of competition and to assist in attracting potential farm-in partners. This process commenced last week where AHS/Baker Hughes presented a case study using the Theta West volatiles analysis to the Society of Petroleum Engineers (SPE) Western Regional Meeting in Anchorage.

final sentence of quick summary -

"When combined with other data like 3D seismic the RVS data enables an immense appreciation of the world class asset that the multiple continuous accumulations in the Brookian Campanian Section of GBP's acreage represents"

It almost covers the Empyrean one-off cyber fraud loss of $2.0 million

The Company has sufficient working capital to continue operations to the end of 2023, however as previously reported, intends to complete either a farmout and/or other funding arrangement in the first half of 2023 to have sufficient resources for the 2023/24 drilling and testing campaign, the additional acreage purchases and ongoing working capital. The Company's data room is anticipated to open shortly to formally commence the process of seeking an appropriate farmout partner.

Global Petroleum Limited (AIM: GBP) is pleased to announce the appointment of CMC Markets as Joint Broker to the Company with immediate effect.

seems strange that one year ago that the sp was 145p and since then we have not plugged and abandoned any wells as a result of a failure to find hydrocarbons

JppJ - What a pointless posting history you have !
Another for the filter box.

Redhammy -- I think Mikey Admin died a year or two ago. and I think the Texas Oil man is serving 5 years for tax fraud.

Baxi44 - not forgetting back in 2019-
the Company
Reached an agreement with eSeis (experts in seismic geophysics), granting them a 1% overriding
royalty interest (ORRI) on all of Pantheon’s Alaskan acreage (excluding Greater Alkaid) in return for
forgoing consulting fees of c.$2.7m. The Directors see this act as a great endorsement of the potential
of the project given eSeis’ expertise in geophysics and in Alaska

"Sp improving, now up 6.9%. I wonder how long it might

be until we get the stbilised flow rate? Any one have any idea how long these things take?"

Hopefully just in time for the next webinar

"they will rns flow data if its sufficient to underpin a fund raise"
Sittingbush are the shorters keeping the sp low and waiting to get out on a low sp fund raise?
If flow rates are successful, with a possible farm in soon, could the company defer fund raising and borrow against the Alkaid 2 oil sales income thus making it harder for shorters?
Apologies if questions appear somewhat naive

like this WHI quote -
We would definitely sleep better at night being long
Pantheon and accepting the inherent uncertainty of early stage appraisal projects than
having a short position on the name. Pantheon Resources undeniably has some of the best
early stage appraisal assets to emerge out of North America in recent decades. Should
Pantheon’s results continue to be encouraging, as we expect, short sellers may need to hang
onto their hats and get out their cheque books.

Reread the RNS (or just read the RNS) Badselling !!!

British American Tobacco expects to complete the sale of its Russian business to a local partner this year, the FTSE 100 group told investors Thursday.
I wonder if they will have as much of a problem recovering the sale proceeds as AMC appear to be having ?

All these green box posts must mean someone is panicking !
Not too long to wait !