Member Info for jazbo

PEL94
Not long to wait -

"Expressions of Interest: by 28 February 2022"
"Bid Deadline: 31 March 2022"

Presumably PVE Consultants will be better placed than Stellar were as a result of the recent successful drilling offshore Namibia. Perhaps this is now or never for GBP to achieve something for its long suffering shareholders.

There has been a fair bit of information shared on estimated cost of North Eigg drilling in summer '22. What are the likely cost implications of the Bruce and Keith Well Intervention Campaigns, and would this affect production whilst in operation.
"Plans are also in place for a well intervention campaign to take place in 2022 to improve the production potential of several Bruce and Keith wells during subsequent years"

II doing their bit to spread the lurrrve.
"the immediate situation suggests growth continuing above 146p should make an attempt at an initial 166p with secondary, if exceeded, calculating at 180p. The visuals imply the 180p level should prove capable of some hesitation, thanks to this representing a series of highs back in 2016."
"we can even risk proposing a third target level should 180p be exceeded. Such an event works out with the potential of 220p, a new all-time high since the share was initially listed back in 2006."

Looks like the FOME effect on the sp in the last hour.
Just hope the RNS next week is a justification of the optimism shown by the BoD and the information they have managed to reveal to date.

Thanks Iceberg for your useful post.

Oiler87 - on the other board their weather expert says that ships are sheltering and things are on hold for a week.

Just remember the confidence shown by eSeis (in the 2019 RNS)-
"eSeis will undertake the work for a heavily discounted rate (which management estimate to be a saving of $1.5 - $2m to the company) in exchange for a 1% overriding royalty interest. Such a performance-based remuneration structure achieves the dual objective of aligning eSeis' interest with that of Pantheon shareholders and of preserving cash resources. It is important to note the Alaskan leases are state government leases which carry a significantly lower royalty burden than most leases in the Lower 48 States of the USA. This deal would increase the lease royalty rates to c.17.6% across the project area with e-Seis. By way of comparison, the royalty burden on Pantheon's East Texas leases averages 25%."

Pantheon Resources (LON:PANR) had its price objective raised by equities researchers at Canaccord Genuity Group from GBX 200 ($2.71) to GBX 220 ($2.99) in a research note issued to investors on Tuesday

no excess cash back from II yet.
poor !

Muckle your comment opens up all sorts of response to Dickupham!
Nevertheless -

The UK oil and gas industry will pay about £3bn in extra corporation tax because of the global rise in gas prices – without any need for a windfall tax, the sector’s leading trade body has calculated.

that was disposed of and PANR have no interest in that area

Has this RNS really sunk in yet with investors ?
"we believe the result is transformational for the Company."

Adonis Pouroulis, Acting CEO of Chariot, commented:

"I am delighted to announce that Chariot, as well as conducting a successful appraisal well operation, has made a significant gas discovery at the Anchois-2 well which materially exceeds our expectations. We continue to conduct further analysis on the data collected from the well, but as it stands, we believe the result is transformational for the Company.

1. Prepack then construct Ice Road and Ice Drillpad to Talitha A then
continue construction to Theta West #1 location 12/15/2021 1/16/2022

2. Move Rig to Talitha A and Rig Up 1/4/2022 1/15/2022

3. Rig Moved to Theta West #1 Coil Unit Moved In at Talitha A 1/15/2022 1/16/2022

4. Theta West #1 well spudded 1/18/2022 1/18/2022

5. Theta West #1 well drilled, cased, tested, and suspended 1/18/2022 4/15/2022

6. Rig downTheta West and move out 4/15/2022 4/30/2022

7. Clean-Up both sites (Winter) 4/28/2022 4/30/2022

8. Clean-Up both site (Summer Stick Picking) – 2 days in Jun or Jul 6/30/2022 7/3/2022

There is enormous resource density in the company’s acreage, Cheatham said.

“To date, we have 16 or 17 billion barrels of oil in place without counting all of the reservoirs,” he said. “We think close to 2 billion barrels recoverable.”

I can't understand apathy here. We could still have LB in charge doing nothing !

Deal for 10GW Project Nour green hydrogen scheme could be wrapped up by March next year

"Global Petroleum Limited (AIM: GBP) announces that it has appointed an advisor, PVE Consultants, to assist in the farmout of its Licence PEL 0094, offshore Namibia."

Can they do better than Stellar ?

Size of sp drop has been sharp and steep.

Kiosk Kate was brought in to do a deal, or so I thought !