Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Possibly a double edged sword Exxon and Equinor pulling out of South Africa, where they were also partnered with Impact in the east adjacent to the TRP blocks. This means Exxon and Equinor are fully out of South Africa and Impact are left holding the fort in the shared licences. Due to seismic results, the blocks are not priority........bigger fish to fry in other words
Which may place Namibia in a prime position
ExxonMobil and Equinor set to exit South Africa
https://www.upstreamonline.com/exploration/exxonmobil-and-equinor-set-to-exit-south-africa/2-1-863671
ReconAfrica set for multi-well campaign after raising funds
https://www.upstreamonline.com/exploration/reconafrica-set-for-multi-well-campaign-after-raising-funds/2-1-864000
Yes I saw that,
H can you PM me on Advf. need your email addi
Impact signs deal to become major shareholder in Africa Energy
Impact Energy moves to shore up its stake in South Africa's Outeniqua basin ahead of results from a three-well campaign on Total-operated Block 11B/12B off Cape Town
https://www.upstreamonline.com/exploration/impact-signs-deal-to-become-major-shareholder-in-africa-energy/2-1-862611
Both companies are effectively controlled by Lundin
https://www.africaenergycorp.com/news-releases/africa-energy-increases-exposure-to-block-11b-12b-122592/
Welwitschia Deep is in PEL94 as per the rns below, very little overlaps TRP
https://www.globalpetroleum.com.au/uploads/files/reports/20-04-07-gbp-namibia-3d-rns---final-1586239348.pdf
Peter Hill, Global Petroleum’s CEO, commented: “Finalising this data for equity deal with our partner, NAMCOR,
is a major step forward for Global, enabling us both to conserve cash and to advance our exploration programme
for PEL0094 very significantly.
"Perrystalsis aka Geowiz aka Africa observer aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP" ........Trying to take your shares
Everything he or she spouts .........is absolute garbage lol
I do like Azimuths new website, click on the companies assets and web pages of their associated companies
Azilat have two licences in Brazil partnered with Exxon
Azinor have seven licences in the UK N/Sea......partners include Apache and Cairn.....January 2019 a discovery
https://www.petroleum-economist.com/articles/politics-economics/europe-eurasia/2019/azinor-catalyst-hits-again-at-agar-plantain
March 2019 there was offer rumours and or IPO
https://www.reuters.com/article/seacrest-azinor-sale/private-equity-seacrest-in-talks-to-sell-nsea-oil-firm-azinor-sources-idUSL8N21E4Z5
May 2019 Announce 3 well N/sea campaign
https://www.energyvoice.com/oilandgas/north-sea/198477/azinor-catalyst-commits-to-drilling-two-north-sea-prospects-in-2020/
In addition there are the Irish assets and the Southern Africa assets
https://azimuthexploration.com/
It is obvious since early 2019 the group have been looking at different options for funding going forward, a solution that includes re-focusing the African portfolio is a RTO of GBP
Apart from OKEA, if the Azimuth assets were under the same listing and the company announced an eight to twelve well drilling campaign that would make for some valuation ;-))
The PEL94 equity/data swap with Namcor puts a value on the 7% equity at around £7m/13c per barrel. The current M/cap is under £3m. The read across, GBP have a further 78% interest in the licence and 85% interest in the adjacent flagship licence PEL29.....fair value on a per barrel basis would be around £30m. The other significant draw, is of course the LSE listing
Someone needs to have a word at Heathrow, they will be doing swab tests at £150 a pop and will take 24hrs to result
https://www.theguardian.com/travel/2020/aug/19/heathrow-rapid-covid-test-centre-could-replace-quarantine
It beggars belief how we are so close to Avacta bringing their LFT to market, that the likes of BAA are not in the loop
Perry aka see the list below.........you really are making an a*se of yourself, with your bile and personal attack on me. It is incredibly sad that anyone has to resort this level of bullying to make a living. But whatever floats your boat, you just crack on..... fool lol
"Geowiz aka Africa observer aka Perrystalsis aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP" ........Trying to take your shares
Everything he or she spouts .........is absolute garbage lol
AO, 63 posts since 2012, 46 of them on GBP all in the last 30 days...........then there is all the other ID's below
"Geowiz aka Africa observer aka Perrystalsis aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP" ........Trying to take your shares
Everything he or she spouts .........is absolute garbage lol
"Geowiz aka Africa observer aka Perrystalsis aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP" ........Trying to take your shares
Everything he or she spouts .........is absolute garbage lol
Even more garbage..............."You couldn't possibly have accumulated more than a few £k at prices below 1p. What are you chasing? A 30% gain on a £2k investment? Pathetic."
£2 grand investment lol
"Geowiz aka Africa observer aka Perrystalsis aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP" ........Trying to take your shares
Everything he or she spouts .........is absolute garbage lol
More lies from Africa OB "There have been no recent farm ins - in fact, Tullow and Exxon have actually gone in the opposite direction and departed."
Exxon have recently moved into four new blocks 1710, 1810, 1711 and 1811 (licence PEL95, 89 and 86), previously into blocks 2112B,2212A (licence PEL82) and block 2212B (PEL44)
Tullow extended blocks 2012B, 2112B, 2113B (licence 37) and recent new block 2813B (licence 90)