Member Info for Marmited

NAMPOA??

And then we have the CEO of Frontier at the E&P Summit 2019...

“Global Petroleum confirming as an Exhibitor for the Africa E&P Summit highlights the value proposition that our event offers to independent E&P companies. The exhibition space we offer is highly impactful for companies looking to build on existing partnerships and share information on their blocks and acreage. You can visit them at Stand E15.”

— Gayle Meikle, CEO, Frontier

Namcor???

I'm writing Italy off for now until the Government sort themselves out.

The new structure? Well... I can't help but go back to last year and the granted permission for a share increase to a total of 25% which we all know to date has come to nothing. Africa Energy were guessed as the most likley but as Perry points out correctly, nothing has come to pass, but whilst we still cannot rule Africa Energy out imo, what about Namcor? What about the due 25% licence reduction on PEL 29 that was waivered? Are the two linked?

NAMPOA

Mark Stearnes - Vice Chair NAMPOA
Venture Manager, Namibia, Galp

Uaapi Utjavari – Chair NAMPOA
Vice President Exploration of Azinam

Maria Mbudhi – Treasurer NAMPOA
Chief Executive Officer Antila / Consultant in the Namibian upstream petroleum industry
Country Administrator for Serica Energy

Also, Paul Howlett???... AZIMUTH/Seacrest/Azinam..

Director/consultant
Company NameEnergy Explorers Limited
Dates EmployedDec 2007 – Present
Employment Duration11 yrs 7 mos
LocationLondon, United Kingdom
Consulting on new business and exploration projects, mainly using geological skills, for E&P companies both public and private, investment vehicles and consulting companies. Currently working as Exploration Manager for Global Petroleum Ltd, a publically-listed (ASX & AIM) exploration company with acreage offshore Namibia and applications offshore Italy. Contracts range in duration from a few years to a couple of weeks and have included work for Third Energy, Nautical Petroleum, 7 Capital, Wilton Petroleum, PA Resources, Falkland Oil and Gas, Azonto Petroleum, Salamander Energy and Azimuth.

That presentation from Namcor at the Namibian O&G Conference in April..

Page 6 - Strategy

Taking up interest in listed exploration companies..???

I've only seen them take a stake in the blocks?

The NAMPOA management team is elected by other industry operators..

I think Perry just had a post deleted.. Clearly has an agenda on this little company valued around cash held, I like it, particulary as drilling season approaches. Still waiting for something of substance to be said rather than emotion.. hey ho..

Perry.. As the historian Thomas Fuller said, the darkest hour is just before the dawn.. Get those drill bits turning!!

I did not know GBP had become a member of NAMPOA. Uaapi Utjavari, Azinam’s Vice President of Exploration for Africa was elected as the new Chairperson of NAMPOA in June 2017..

So talking about sand channels, thief zones, majors taking further licences, up coming drills, previous drills, presentations which are factual and then comparing with what GBP have and is simply ramping in your view? I'll give you an example of my endless optomism, I have made it perfectly clear I dont think ECO's Osprey will come good due to its trap, the risk that the sand channel it sits in has a shale channel which has cut into it at some historical point which went on to be confirmed by the Cormorant drill and now a major risk as seen by Africa Energy.. yet its adjacent to our licence, is that ramping? Daniel McKeown, co founder of Azinam states the value of their acreage will increase if Exxon for example discovers oil in PEL 44 as its adjacent to them. Shouldnt I be jumping all over Osprey with hysteria? Enliten me with your knowledge as so far all I here is judgement by a share price movement based on extremely low volume.

I dont have a problem with salaries, seems to be a new fashion lately with aim shares to criticise those receiving one? The funny thing about your comment is that 2 members of the board who own nearly half the company in shares they hold stand to lose the most.

Ha! Ramping? That's what traders do, funny, traders also de ramp too. Investors however research, share, question, inform, believe, hope.. I know what those you accuse are (incl myself) which are you?

I'm not going to rule that out put it that way.

Today's RNS fits in with the RNS dated 9th Jan / NHS. It does not however answer the big question of finances. Until we know WHY Val terminated the agreement and what the ongoing funding requirement will be replaced with, this is going no where. Meat on the bones desperately required.

Repsol left the licence 4 years ago which it entered 7 years ago.. Hardly recent farm in activity?

Exxon/Galp is quite an important drill for us as it's located in the same sand channel as Cormorant and our read across so looking forward to that one.

Yeah, you did, but it's still relevant as it was only in May. Repsol?? That seems the logical answer and also my first thoughts but why on earth do that with the list of big names currently there? Just find it a bit strange?

Also, I'm curious as to what Gil was saying here and the reason to put certain companies on the map yet miss out others? (I understand the mid caps and Majors look good!) I find it quite striking how GBP and TRP are the only two tiddlers shown without an additional company invested or farmed into. Why not The producer Oranto for example?

Me neither.. also, the recent farm in activity? Repsol?? That was 2012..?

A small snippet in an article about Maersk Drilling. In other regions, we’re excited about West Africa and Brazil which is seeing higher activity levels.” https://www.energyvoice.com/oilandgas/200629/1bn-to-be-saved-by-collaborating-maersk-drilling-boss-says/

Actually, not sure about Oranto.. it's a big vague.

What do you think J?

On top of there recent 4 licences, swallow up GBP and TRP and combine that with PEL 82 they would pretty much have the Walvis basin with 2 exceptions, Oranto which has no Aptian/Albian prospects and PEL's 30 & 37 which has the sand channel cutting into it and no doubt causing lateral migration distance risk as per Africa Energy's new found risk.

http://namibiaoilandgasconference.com/wp-content/uploads/2019/03/Lic_Map_31102018-1.pdf

It wil be interesting to hear what Pam Darwin has to say when she speaks and if that includes the 4 new Namibian blocks.

Pam Darwin
Vice President - Africa , ExxonMobil

Pam Darwin currently serves as Vice President, Sub-Saharan Africa, Exploration and New Ventures for ExxonMobil based in Houston, Texas.

Also...

Day One

09:15 am
Panel Discussion: New Drilling Activities, High-Potential Discoveries, New Ventures Launched: How the African Upstream Industry is Making a Comeback, and Why Now is the Time to Take Notice

Noooo!, you've more than me again Investor!

Prospects 5 & 6 are a mystery.. I'm not sure if the recent Cormorant well proving the play combined with the success in Brupadda has altered the COS in the region? Point 2 on the summary page "Prospectivity of the area has improved as more 3D seismic and well data has become available" and point 3 "Proven Aptian – Albian and Cenomanian – Turonian deep water clastic systems are currently the key plays in both basins focusing on stratigraphic and structural traps"

Prospect W? another mystery? I thought it would only get drilled following success on prospect S. Char who have 65% / operator do not have intensions to drill again here but are keeping hold of the licence..