Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
milnrowmug - Tbf he has shared some good info on the ground previously, here earlier today he has mentioned 5 oil tanks at NW.
https://twitter.com/Spears07/status/1281527527283085312
Courtesy of Stuart from Twitter:
https://twitter.com/Spears07/status/1281530318730801152
https://twitter.com/Spears07/status/1281529406440308737
Courtesy of Stuart from Twitter:
https://twitter.com/Spears07/status/1281530318730801152
https://twitter.com/Spears07/status/1281529406440308737
Last year article but shows why RBD invested heavily in WN.
Stephen Williams of Reabold said drillers had only expected to discover gas at the West Newton site. He said: “When we went into the drilling we had expected it all to be gas. “We had previously said there could be significant liquid components but that we did not know what this was. “Analysis has now shown this is essentially an oil field with a gas cap and that's important for us because the valuation of oil is typically significantly higher than gas and is easier to develop with less surface equipment required and less capex to get started."
https://www.express.co.uk/news/uk/1171490/oil-news-uk-discovery-hull-West-Newton-Reabold-Resources-Union-Jack-Oil-Rathlin-Energy
BH - Nice summary here, might be out by few days here and there but nicely summed up imo.
https://twitter.com/Spears07/status/1279065425989578752
The DJ Basin is a world-class, liquids-rich resource play with over 4,000 horizontal wells drilled to date. There is significant infrastructure in place with available capacity and ready access to service providers and contractors. The Group's management team, together with that of our operating partner, has significant experience delivering production from horizontal development in close proximity to the McCoy project. The McCoy project is a low-risk development opportunity and the Board believes that it would complement and balance the Paradox project in the Group's portfolio. Although commodity prices in the spring of 2020 did not support the development of the McCoy project as originally envisaged, rapidly falling capex costs combined with a stabilised oil price will prove beneficial to the development of the project. We believe Great Western Petroleum, the operator of the project, will elect to move forward with drilling in the coming months, and the Group will likely seek to maximise its participation in the project if the economics are supportive and appropriate funding can be secured.
In addition, the Board believes the current market turmoil should deliver multiple attractive investment opportunities within our area of focus, and we are working with both industry and financial partners to identify high value targets which might be added to our portfolio.
I had originally date of Sept, so no issue's there.
Actually, i had latter part of July of when lockdown will be easing, so getting a bit earlier, can't complain with that.
Just buy on dips and will be rewarded within a 3 months period.
The range is between 3.7 to 4p, so good opportunity to add imo
Jonesrichard - Looking at Ujo, it did take some time.
https://www.share-talk.com/union-jack-oil-plc-lonujo-wressle-planning-appeal/#gs.90sdwi
However, as Rudey mentioned SS can get a quicker turnaround by going direct.
Let's see on the next update.