Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
For those whom may have difficulties in opening the link from alexeliassons post .
Nigeria could sign off on Exxon oil asset sale to Seplat within weeks, NUPRC says
By Camillus Eboh and Isaac Anyaogu
May 2, 20241:58 PM GMT+1Updated an hour ago
ABUJA/LAGOS, May 2 (Reuters) - ExxonMobil's Nigerian petroleum assets sale to Nigeria's Seplat could be approved in less than two weeks, the country's oil regulator told Reuters on Thursday.
The $1.28 billion sale in Africa's largest oil exporter has awaited regulator approval since 2022.
Gbenga Komolafe, chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), told Reuters the parties involved would be invited to a meeting on Friday.
"Subject to the outcome of the meeting, consent...could be given in less than two weeks from the date of the meeting," he said.
NUPRC would give the companies two mutually exclusive options that, if accepted, would permit approval of the deal, he said.
He did not spell out what these options were but said the law requires money to be set aside for decommissioning, host community development and environmental remediation.
"As a commission, we don't want our nation to carry unwarranted financial burdens arising from the operations of the assets over time by the divesting entities."
A spokesperson for Seplat declined to comment. An Exxon spokesperson did not immediately comment.
Observers say approving the deal would bring much needed investment into Nigeria's petroleum sector. While it is pending, there is little incentive to put money into the assets, which means production will gradually decline.
Former Nigerian president Muhammadu Buhari initially consented to the transaction, but withdrew that consent days later after the oil regulator refused to sign off on it.
President Bola Tinubu, who took office last year, has made attracting investment a key priority.
tom111,
the london stock exchange closes at 12:30 on friday 22 december and will re-open at 08:00 on wednesday 27 december.
as the old saying goes in the construction game : friday is known as p.o.e.t's day:
****ed off early tomorrows saturday.
have good xmas everyone and look forward to reading your comments next year.
SeaTank8300 : You open your previous comment (10:59) with "Sorry for the long posts".
There's definitely no need to apologise, your in depth and realistic opinions are more than welcome and I'm sure this is echoed by the majority of members on this BB
You half wit WG of course I know that BP,bubblepoint and push2 are the same person just like you and HITS are.
Just to correct you once again
"It's a very well known fact on here and the poster admits it themself."
Oh dear the word 'them' is plural it should have read the poster admits it 'himself '
You must try harder you muppet
Well well WG818, you state "Even a child can tell HITS and myself aren’t the same person"
Really!
What I find interesting about one of your recent posts(01/07@15:28),why do you respond with the names BP/push,
So let us take a glance at some of your other posts replying to the this person where you only use a single name/ID
07/07 @15:45:BP
07/07 @13:35:BP
07/07 @11:37:BP
07/07 @13:35:BP
03/07 @11:22:BP
15/06 @11:22:BP
01/06 @08:55 You actually use the word Bubble, but who is bush that you mention in your closing paragraph.
Oh dear You must improve your spelling!
But there again I should of realised when you kept mentioning someone called Sidtrack on February 26th
But my interest is that the name(s) BP/P2 is /has been noticed by myself and used by
Guess who ? Yep HITS, you must of got confused with which ID you were using at the time of your post on the 01/07 @15:28.
You must learn to try and concentrate harder when posting with a duel ID !!
Muppet
HITS /WG818
This my reply to you from your message :12/06/2023 :22:19.
"Reading... it's really not that difficult. Perhaps try it?"
You're showing a ? mark,"but perhaps try it" is not a question so why show ?
As for reading, you need to educate yourself (HITS/WG818)
You're slipping,maybe try getting an early night!
HITS/WG818"
at least now the hugely over-egged flights of wild fancy only come from one or two outliers on this BB, rather than from the ANGS executive board itself - and that is without doubt a very good thing indeed".
Whilst you continue to post negativity.Oh by the way you forgot to end your message with a !? or do you tend to save that for when your posting under the ID WG818.
IvRoche
Historical dates for the previous 3years for the Final results of the Years ending 31st December.
Final Results for year ending 2021 : RNS 0254M: 19/05/2022.
Final Results for year ending 2020 : RNS 5019Z: 24/05/2021.
Final Results for year ending 2019 : RNS 5502N: 21/05/2020.
Hence the final results for the year ending December 31st 2022 are overdue/late.
So now who is talking out of their proverbial
Recent dividends paid or declared by Central Asia Metals:
Ex-div date Payment date Amount
Final 27/04/2023 23/05/2023 10.00p
Unfortunately you've missed out, I always tend to purchase shares to get the benfit of the divi at least 2 working/trading days before the ex -div date.
Received mine this morning (my broker is HargreavesLansdown)
Whilst watching the preparations for today,I just wondered if Ruth and her greenies had anything planned to try and distrupt what will be a spectacular event.
There again maybe (and hopefully not) as they're stuck for Ideas
GSTK
Copland "Hows about we forget about Push2 and concentrate on the anticipated output readings."
That will never happen as long as we've got the four muppets(HITS -WG818 -Pb00-mr008) still posting here.
HITS: You're Wrong (again) : Singhie(22/03) asked for members to forecast the opening price,(which was 1.5p) NOT the close of business price on the first trading day in May.
So you weren't bang on!!
Number of RNS's from 03/01/2023 :34 in total
Number published 12:00 noon to pm :22
Number published @7:00am : 6
Number published from 08:00hrs to 12 noon : 6
Enough said
Q/A : We will make an announcement by RNS on Tuesday 2 May on the status of the connection"
NB No time defined
Enough said again
Give up Pooh you're just a muppet