Member Info for komakino

NDjamena, le 10 clecembre 2021
Ref.30/AG/EEPCl/DP/CN/2021.
Lc Comae dc Negociations Representant les Employes National. d'ESSO - Tchad A !Attention de Monsieur le Premier MiMstre de la Transition Et pour renscroble Gouvernement de Transition de la Republique du Tchad
Objet: Lettre d'engagement.
Monsieur lc Premier Ministre de la Transition, Excellence, il nous parait indique de prendre rhonneur de venir respectueusement aupres de votre haute autorite vous presenter nos regrets et nos excuses, A vous-memes et a travers vous rensemble du Gouvernement de Transition, pour rensemble des manquement de langages ct autres inadvertances que le manque d'experience a pu nous faire accuser pendant toute la procedure de reclamations qui nous a conduit au point oit nous sommes rendus ce jour. En outrc, nous prenons rengagement, lorsque le lock-out actuel aura ete 'eve et que nous aurons A reprendre le service, de le faire en ne mettant aucunement en danger les infrastructures pevolieres, que nous considerons d'abord comme etant .s biens industrials de la Republique du Tchad, notre pays. Nous vous prions de bien vouloir agree, Monsieur le Premier Ministre de Transition, rassurance de notre haute consideration.

Pour le Comite de negociations La rte.parole
Dekoundou
An.liattc. I. Ministere de la Ponction Publique de Travail ct de la Concertation Sociale 2. Comite interne ministerielle charge de negocier le solde de tout compte de republique du Tchad relatif . vente des actifs dExxon mobil Savannah Energy

translated by google as

NDjamena, December 10, 2021
Ref. 30 / AG / EEPCl / DP / CN / 2021.
Lc Comae dc Negociations Representing the National Employees. of ESSO - Chad To the attention of the First MiMster of the Transition And for the recognition of the Transitional Government of the Republic of Chad
Subject: Letter of commitment.
Mr Prime Minister of the Transition, Excellency, it seems to us to take the honor of coming respectfully to your high authority to present to you our regrets and our apologies, to you and through you as a whole of the Transitional Government, for all of the lack of language and other inadvertencies that the lack of experience may have made us accuse during the entire complaints procedure which has brought us to the point where we have reached today. In addition, we make a new commitment, when the current lockout has been lifted and we will have to resume service, to do so without endangering the pest infrastructure, which we first consider to be property. industrials of the Republic of Chad, our country. We ask you to agree, Mr. Prime Minister of the Transition, reassurance of our high consideration.

For the Negotiations Committee La rte.parole
Dekoundou
An.liattc. I. Ministry of Public Labor Force and Social Dialogue 2. Ministerial internal committee responsible for negotiating the balance of any relative Chadian republic account. sale of the assets of Exxon mobil Savannah Energy

Lol, it takes a special kind of fool to spell etc incorrectly :-)

Nothing on social media yet but will post if I see anything

IZ

If you want a laugh then look at IG's posting history and the last posted ramps for VAST, CIZ, NZI, POLX, SAE, NTOG, URU. Not doing too well for sure!

For the 7 Seven transaction, the shares were suspended from the 8th June 2017 to 22nd December 2017, so over 6 months without any notification of an extension. At least this time SAVE have stated their intention to complete by the 17th Dec, so have provided more information than last time. I agree that it is most likely with the regulators to decide how long they allow them to remain suspended, but at the moment they seem happy to allow them to go over the 6 month period, as they did last time.

Also worth noting a new company was set up on 12th November 2021, Savannah Energy UK Ltd

Nature of business
64209 - Activities of other holding companies not elsewhere classified

That's true GB, though it works both ways, as you only have to look at the number of AIM companies that have large chunks of their value wiped out after a bad RNS, so being long can be equally destructive. Obviously if you are shorting you run the risk that the amount you have to spend to buy back the shares can be greater than the original amount 'invested' but if you factor that into your risk profile then shorting can be quite lucrative, particularly on AIM stocks, notwithstanding any ethical issues that may arise. I'm 100% long on this share for a significant amount, so not particularly taking my own advice on risk profiles here :-)

Editorial from Le Pays 2/12/2021

Laxity? Inability? Unconsciousness? The attitude of the government since the beginning of the conflict between ExxonMobil and its Chadian employees raises questions. It has been two months since hundreds of fathers were unilaterally put out of work by an employer who refuses to pay them their rights and fills with arrogance, the lure in court to claim the payment of an amount of 31 billion CFA francs as damages for the damage suffered. The case is pending at the moment because of the clerks' strike. Meanwhile, the American major refuses the arbitration procedure of the Court of Appeal after the finding of non-conciliation established by the labor inspector of the city of N'Djamena.
How can a self-respecting state let a company mistreat its nationals on its own territory? Compliance with the judicial procedure cannot justify such silence, especially when, after dismissing local staff, the company goes looking for foreign labour with its nose and beard if not with the complicity of the authorities. The same government remains motus and mouth sewn when two tanks filled with crude ignite in Miandoum causing damage that is easily imagined on the environment.
The government's attitude raises fears that it will let the American major go when the time comes without it fulfilling its environmental and fiscal-customs obligations. Knowing that Savannah Energy, which must buy the assets, does not have the same scale as ExxonMobil, it is to be feared that a market of dupes in the end, fear specialists.
For ExxonMobil, which was able to exploit the oil of the Doba Basin at the cost of tough political battles unblocked by a moral guarantee from the World Bank, to manage to leave Chad, it must be clean. Not only vis-à-vis its employees who claim in addition to social rights, part of their salaries paid in the form of retirement savings, but also the Chadian State whose soil it must restore, settle tax and customs issues.
While these topics are not even mentioned, ExxonMobil drags its employees and the public into a diversionary maneuver that will save it time and perhaps allies who will pass the pill as at every rendezvous with history.
The transitional military council, which is committed to ensuring the continuity of the state, must seriously address the situation of these compatriots whose salaries feed hundreds or even thousands of mouths. His credibility and honour are at stake.

http://www.lepaystchad.com/19918/

Translation of Press Release

N'ojamena. December 02, 2021
Press release
Corn '. of Negotiations Representing National Employees of ESSO - Chad.
National and international opinion
Corn. of negoo years represented by employees of ESSO - Chad would like to inform the national and international opinion that day 2 December 2021, an extraordinary general assembly was held in the large multimedia room of the cefod.
The employees took turns to discuss the points listed below: - The rehabilitation of the four sanctioned colleagues - the guarantee of employment of at least five years with retention of the assets of the current company collective agreement , 20 memorandums of understanding, as well as working conditions - The full retirement savings payment for all employees as agreed in the negotiation report of September 26, 2021, - the good separation prirne - The lifting of the lockout and the resumption of work with payment of wages cut during the period of the lockout. - The annulment of legal action against the Esso staff negotiation committee emerges from this General Assembly as a resolution, which the interministerial committee has full mandate to negotiate on behalf of national Esso employees. The General Assembly by acclamation adopted this resolution.

IZ.

Not to forget that, since we have been suspended, we have successful drilled and completed the Uquo-11 gas production well, increased Gross 2P reserves by 27% in Nigeria as well as commencing first gas sales to FIPL up to a maximum daily nominated quantity of 35 MMscfpd, which all needs adding into the mix when we recommence trading.

noix, I might have misinterpreted your response to Snaffleman's post, but pretty sure it was directed at dusterinmong.

Original French:
EN CONSEQUENCE. Vu les dispositions des articles 443 et suivants du code du travail ; - Disons qu'il n'y a pas lieu a ouverture d'une procedure d'arbitrage en respoce; disons noire ordonnance executoire sur minute; - ordonnons la notification de la presente ordonnance aux parties en con flit. Fail en noire cabinet sts an Palais de Justice de N'djamena les jour. mois et an que dessus. Et apres lecture Jaffe. avons sign&

Google Translation
CONSEQUENTLY. Considering the provisions of articles 443 and following of the labor code; - Let us say that there is no need to open an arbitration procedure in respect; let us say our ordinance enforceable on the minute; - order the notification of this order to the parties to the dispute. Fail in black cabinet sts in the courthouse of N'djamena during the day. month and year as above. And after reading Jaffe. have signed &

Poster's comment:
Après 54 jours d'attente à la cour d'appel de Ndjamena, au vu du refus de Esso de l'arbitrage, le président de la dite cour vient de se prononcer pour la no arbitrage.
After 54 days of waiting at the Ndjamena Court of Appeal, in view of Esso's refusal of arbitration, the president of the said court has just ruled for no arbitration.

Thanks very much noix, greatly appreciated. I saw a similar post earlier along the same lines. Seems there is still a big difference between the 2 camps and the strikers feeling quite antagonistic towards the Esso management. I agree with TrustILie regarding this dispute, in that it won't make any difference to Savannah's position. Next court date is the 9th for this particular dispute but the main driver of this to me is the arbitration of the Chad leadership that Soder posted a few days ago.

You can also find it via linkedin if you search for Bianta Evelyne who is a corrosion technician at Exxon Chad

Lol, sounds like you've been there before Mr. B ;-)

Hmmm, link won't post

If you add the text below after www . facebook . com address

/watch/?extid=NS-UNK-UNK-UNK-AN_GK0T-GK1C&v=468405508038680

A complaint has just been brought by the employer against the employees for being absent from the post. Defense lawyer MOUNE KOUDANBE finds that Esso seeks to divert opinions on the real debate.

Facebook post is in French (I think) so maybe noix can summarise the content if possible

https://www.facebook.com/watch/?extid=NS-UNK-UNK-UNK-AN_GK0T-GK1C&v=468405508038680

In crisis with his employees since he decided to sell his assets to an English company, the American major opens a new front with his employees in the long legal battle before his departure from Chad. The oil company has so far operated the Doba oil basin.

With our correspondent in Ndjamena, Madjiasra Nako

ExxonMobil employees who have been unemployed for more than a month arrived in large numbers on Thursday at the Ndjamena High Court. The day before, their delegates had received a summons following a complaint from their employer. The latter deplores having lost more than 30 billion CFA francs because of the strikes against the capital change project.

This complaint is a diversionary maneuver, denounces Me Mouné Koudangbé, the lawyer of the employees who points to the bad faith of the management of ExxonMobil: "Exxon blames the double penalty on its employees, because today, not only these people do not work, they are "unemployed" because the effects of their contract are suspended by the "lock-out" that was triggered - you see, this month that has passed, the employees have not received their salary! They have no wages or jobs. (But) in addition, they are prosecuted to pay thirty billion CFA francs. We find that it is still an aberration. »

ExxonMobil's lawyers contacted did not wish to react at this time. The parties are summoned on 9 December for the continuation of the procedure.

https://www.rfi.fr/fr/afrique/20211126-tchad-exxonmobil-porte-plainte-contre-ses-employ%C3%A9s-nationaux