Member Info for jc_123

Also from memory, the drill is supposed to target 3 stacked layers of the reservoir I think. So although the first layer is close to the surface, it will end up being much deeper due to lower sections of the reservoir. It all has to be tested also. In other words it will probably take longer than we think.

The most recent timing inidication I can find from Genel is last years year end report saying 12-16 months from a year ago. Hopefully we’ll get an update on 26th

Don't forget the JV partner is CPC. You'd have thought the Taiwanese national oil company won't let timescales slip the way Genel normally does. We haven't had any indication of delays and as far back as August last year, the timescale for a drill was mid 2024.

http://somalilandstandard.com/taiwanese-oil-firm-to-drill-somalilands-first-oil-well-in-mid-2024/

The 2023 full year report said “ Genel continues to target a spud date in the next 12-16 months, acknowledging the challenges of operating in such a frontier area with limited existing infrastructure.” They might be getting close to spudding…

Can people not reply anymore to this troll. That’s what he wants you to do. Please just report his posts as disruptive as he is dragging the tone of this board down.

I’ll just check…

Definitely won’t be dreading any future webinars now 😉

When you read his resume compared to you know who, you do have to wonder why we didn’t do this earlier 🤣

you've got to break eggs to make an omlette. they've gone. we've now got a secure platform to build from. a great asset and a talented and visible ceo. hopefully no more **** placings. instead, plenty of great comms and a steady rise up.

In AB, we now have a CEO who is also the face of the company. This makes such a difference...

First thing AB needs to do is sort out comms and appoint a new PR firm

FFS Santiago what is your point? One minute you’re talking about 20 bags, the next minute you’re talking about another placing. Are you bipolar?

What is it about this board that attracts fruitcakes? First Stockinvestor 199, then Fish and now Santiago 🤦‍♂️

Wrong forum

Are you on crack? How many decimal points have you missed out? Or is this after some horrendous consolidation?

Https://au.finance.yahoo.com/news/increase-aid-call-made-nations-163000056.html

If this is true, no wonder TL can't seem to get and funding over the line. I was hoping that signing up to the WTO might provide the sort of investor protection required and remove the final hurdles for attracting investment...

On a more serious note, now that TL are signed up to the WTO, could a funding announcement for their LNG plant be in the pipeline? (excuse the pun 🤣)

Wild speculation here, but Gusmao is no spring chicken and smokes like a chimney. Average life expectancy in TL is 68, Gusmao is 77 years old. If he kicked the bucket, could a GS u-turn happen??

vt - if your theory about betano is correct, can you explain to a simpleton like me how it would work in practice please? are you saying gas could literally be pumped from chuditch to the power station at bettano? if so, what processing would the gas require and would the power station use all the gas or would there be a surplus and if so what would happen to that? i’m assuming if this all works, then the gas doesn’t need to be liquefied, so the capex for getting it up and running would be a fraction of building an lng plant either on land or floating? or am i taking complete ****e? 😂