Member Info for MarcelKrell

Clown:

"****************It will get refinanced****************** at the expense of SP growt."

Wake up, you claim EVERYTHING...

You shorting weasel:

2 Oct 2025 13:18

"It will get refinanced at the expense of SP growt. As for the debt getting repaid you seem to be forgetting about the interest on this huge sum."

You are making a FOOL of yourself... on Sunday

You shorting weasel:

2 Oct 2025 13:18

""It will get refinanced at the expense of SP growt. As for the debt getting repaid you seem to be forgetting about the interest on this huge sum.

Dude:

"Financed but at what cost........."

Clown, I already mentioned that. Learn how to READ.

By the way, your reaction to my post was within a few seconds... that tells me you have a narrative to defend. Lol.

That is my point of a realistic scenario: they WILL be financed at the shareholders expense... UNTIL KENYA's guaranteed payout comes along...

Ahaaaaaaaaaaaaaaaaa... said the Clown.

"Financed but at what cost........."

Clown, I already mentioned that. Learn how to READ.

By the way, your reaction to my post was within a few seconds... that tells me you have a narrative to defend. Lol.

That is my point of a realistic scenario: they WILL be financed at the shareholders expense... UNTIL KENYA's guaranteed payout comes along...

Ahaaaaaaaaaaaaaaaaa... said the Clown.

Clown, it's sunday. You have a narrative to defend. We understand.

Look at your own posts, Clown. You yourself claimed very recently that Tullow will get financed!

Look it up, Clown.

In laymen terms... for the Clown to understand, people in Kenya are in this very mode:

https://www.youtube.com/watch?v=IpwSXWq1wwU

The sooner the Kenyans get their money, the sooner Tullow get's it's money.

Nothing will be stalled again... nothing. That is the current mindset within Kenya.

"The new owners need to recoup all of their expenses, circa $3.5B, before TLW get a single penny."

The Clown needs to learn how to comprehensively r e a d... the income is **GUARANTEED**... you are in damage-control mode, understandably for a kindergarten-level Tullow shorter...

" According to the leaders said the project would open up Turkana to more infrastructure investments and improve livelihoods for ***residents who have long awaited tangible benefits*** from the oil discovery."

https://www.kenyans.co.ke/news/115852-kenya-auction-10-oil-exploration-blocks-worth-billions-first-licensing-round-six-years

Things will go faster than you think/hope... lol.

Faster than you think... but that is besides the point.

Kenya wants, now that Tullow is sort of out of the way (like Anton and I said, amongst others) those petro dollars $$$$$$$ FAST.

Lenders are well aware of this guaranteed future income for Tullow. It's in their own interest to milk this guaranteed Cow for years to come, instead of blow everyting up. This has been said here before.

Just assume for a second that Tullow did **NOT** have those Kenya rights... Tullow would have been less attractive for sure, for lenders also.

It is a GUARANTEED INCOME now. No if', ands or buts...

Kenya currently is in the SHOW ME THE MONEY-mode after all those lost years. Things will go fast... as in F A S T.

"I was the only one on here who said TLW would be ousted. Your 30% back-in rights are years away even if TLW survive."

The Clown is again actively in damage-control mode... on Sunday.

Those rights (1/3th of the pie) are valuable, and will make Tullow more valuable, even lenders knows that. Lol.

Not so long ago you, the aha Clown, said that Tullow oil will continue to operate but without shareholders value because of the lending conditions... remember?

Well... at a certain point those extremely valuable rigths can be monatized, by Tullow.

And a lender is in the business of lending money... otherwise they don't make money...

Ahaaaaaaaaaaaa, said the Clown...

"Who said that the Kenya project would go ahead but without TLW :)"

Anton said it... I said it... after that everything went very quick, because Kenya had what it wanted.

"Yes, the "back-in right" is valuable because it gives Tullow Oil a no-cost 30% participation in future development of its former Kenyan assets, which could be lucrative if development moves forward."

Well, guess what... development moves forward... no sjit, lol.

Nov. 7

Govt to Launch Lokichar Oil Project in Turkana Early Next Year - CS Wandayi

"Energy Cabinet Secretary Opiyo Wandayi confirmed that the government had approved the project, which is expected to begin between January and February 2026."

" I have officially approved the development of the field plan for the Lokichar Oil Project."

"The South Lokichar Basin holds about 560 million barrels of recoverable oil." (Up to 4 BILLION barrels if current economic and technical conditions change)

https://www.kenyans.co.ke/news/117790-govt-launch-lokichar-oil-project-turkana-early-next-year-cs-wandayi

Aha said the Clown

Aha said the Clown

" Marcelkrell, you've alot to answer for :) "

Indeed, I triggered the Evil Clown again...

But a sad individual he is... a basement character.

Ah, there your are jmix. Lol.

Xxxnjr: "Fearmongering" ? LOL

Jmax, you are a Clown.

What a bummer:

Kenya delayed the Turkana oil FDP (Field Development Plan) again until December 31, 2025, to allow Gulf Energy to review the plan after taking over from Tullow Oil. This new deadline gives the new owner, Gulf Energy, time to scrutinize and potentially amend the plan before it can be approved for commercial production.

The FDP is a crucial step before the government can issue licenses for full-scale production. This delay could push the start of commercial oil production beyond 2026.

But what will happen with the share price when the FDP is approved... ?

7 ? Said the clown... ;p

HA, said the Clown, just a reminder:

"No-cost" back-in right: The 30% participation in future development phases can be exercised without any initial cost, providing a way to benefit from potential future success without upfront investment."

Future upside: The back-in right offers a stake in future development phases, generating significant returns without the risk of initial investment.

Does this still apply:

"Kenya aims to begin commercial crude oil production and exports by 2026, according to Cabinet Secretary for Energy and Petroleum, Opiyo Wandayi, who made the announcement on Monday. The move comes as companies finalize asset sales and development plans for the country’s onshore oil resources in the South Lokichar Basin. This marks a renewed push to tap into Kenya’s long-untouched petroleum potential."

That would be a bummer if this still applies, right?

https://www.youtube.com/watch?v=Oz9KUcpb-hA