Member Info for Mogger

Croft,

Your wish..

https://youtu.be/cNIYKwjHKkk?si=shHe2fgBlVrUstjn

Mogger

All,

Minutes from the March EXCO meeting

There is a lot of information in the document but some highlights

"HE The Governor commented that having Alison Flower, FCDO/DESNZ

Senior Energy Adviser visiting to sit alongside the FIG team is a welcome

and critical element in giving FCDO sight of FIG’s oil work and enabling

reassurance to UK Ministers. She stated that the more preparatory work

that can be done, the better and she was pleased on the level of FIG/UKG

cooperation.

The Attorney General advised that some of the report submissions will a

sequencing issues with some items coming before others. The Acting

Chief Executive stated that it would be worth noting that the stability

agreement is key to the financing and would probably be a report that the

FCDO are most concerned about. She advised that work is ongoing

internally and back with Navitas to try and get it to a position where

officers are reasonably comfortable with it, so that Members can be

briefed. The key principles have already been agreed by ExCo, but it is the

detail that they are working through now."

Lots of other information regarding licence fee payments and helicopter transfer infrastructure

https://assembly.gov.fk/executive-council/papers?task=download.send&id=4544&catid=664&m=0

Mogger

Gus thanks for the reply.

You seemed confused as you wrote the complete opposite on the 10th.

Any other news from HB that you are willing to share? I'm sure all shareholders here would be keen to know your insights. I've not heard this phrase "competitive tension" in commercial negotiations before. Are there multiple companies in discussion with BOR now then?

Mogger

Gus,

Are you not able to answer my question?

Are BOR seeking the back costs. You seem confused or do you have new information that you are willing to share?

Mogger

Ralph,

Where are you getting those numbers from.

Just a quick search shows you are completely wrong

Claimants

https://www.bbc.com/news/articles/cdx5pw8pwg5o

Sexual assault

https://www.ons.gov.uk/aboutus/transparencyandgovernance/freedomofinformationfoi/sexualviolenceintheukbyethnicity

Mogger

Gus,

On the 10th August you wrote the following

"Costs for the campaign and everything else was around 300 million dollars, this loss is being carried and is over twice our market cap. The board want that back"

And today you wrote

"The board though are NOT expecting any back costs, those days are gone"

Which one is correct? Have you had a chat with Harry and Bruce since the 10th?

Mogger

All,

" Oil Readiness project is progressing well with some positive developments. The

Offshore Petroleum (Safety and Environment) Bill 2025 was subjected to external

review with positive results; the Oil Petroleum (Application of Laws) Bill 2025 is

progressing well; Exco approved the Offsetting Policy for offshore hydrocarbons

industry which will lead to the drafting of the Offshore Petroleum Environmental

Impact Offsetting Trust Bill to give effect to that policy. A list of major anticipated

Offshore Minerals legislation is contained in the Legislation Programme under Mineral

Resources. When ready, the legislation will most likely be processed as a package.

https://assembly.gov.fk/executive-council/papers?task=download.send&id=4537&catid=679&m=0

Mogger

Divi,

Maths isn't one of your strengths is it?

Mogger

All,

A comprehensive report into the public meeting last week.

Unfortunately there was nothing mentioned about the letter that Buzzthomas sent a couple of years ago.

https://fitv.co.fk/falklands-in-focus/falklands-in-focus-week-754/

Mogger

Buzz/Latics/Harry/Nina,

Time for you to start posting with a new username. You've lost all credibility with the current one you're using.

At least Cheese, Godders and Garbled have the intelligence to do that.

Mogger

Alma,

Great prose.

Mogger

Chess,

You've been wrong with every one of your opinions and thoughts regarding this share. I see you are still wanting to show everyone how ignorant you are.

You really are as funny as Ken.

Mogger

Gus,

It's a shame you won't read the following then. These are direct quotes. No added words to alter the context

". Furthermore, confirming a rig contract in 2025 will

set-up Borders for a 2026 appraisal well on Darwin East and/or an exploration well on

Darwin West, with an optional deepening to the 140mmbbl Stokes prospect."

"Houlihan Lokey engaged to

farm-out on a successful efforts basis."

There's other good news in the paper too. Perhaps you should read it calmly and without prejudice rather than misquoting parts of it.

Always happy to share information when I find it. As soon as I see the EIS/EIA for the proposed drilling campaign next year I'll post it here.

Mogger

Rookie,

Not at all.

There is some really good news information in the research paper that Gus has mentioned. It is well worth a download.

It states that a rig will be contracted in the next 5 months and will start drilling next year. The paper also names the investment bank that has been signed to help with the farm out. That name hasn't been released in any RNS.

However, one of the quotes stated by Gus is not accurate. He's added words to make it sound more than it is.

I hope BOR do as the research paper suggests. I also wish that people don't make things up in order to snare others.

When Gus gets found out he just resorts to potty mouth insults. It's quite telling.

Mogger

Gus

QED.

If you are going to quote you cant just add the words "farm out" to make it sound better.

Why get so abusive when someone points out that you aren't telling the truth?

Mogger

Gus,

Where in the report does it say:-

" We anticipate a farm out deal being concluded by year end 2025". Its not what is written on page 7

I told you that you were making things up.

Mogger

Gus,

You share with the invested doughnut?

Ok.

So where have you pulled those quotes from? Or are you making things up again? They certainly aren't more recent than the Final results.

More private chats with Harry?

If any of the questions are too difficult to answer, let me know and I'll ask some easier ones.

Mogger

Gus,

Where are those quotes from?

The most recent that I have seen are from the annual report which are considerably less optimistic.

"In addition to this, as at the date of approval of the financial statements, the Group's financial advisor is currently seeking potential farm-out partners. Discussions are ongoing but not yet at an advanced stage."

https://www.lse.co.uk/rns/BOR/final-results-7un1ce2ymr7lzvm.html

Mogger

All,

The forward plan for August will discuss...

"This paper will (1) provide an update on the progress of developing the

detailed policy for financial requirements for offshore

decommissioning and (2) seek an ExCo decision on the proposed

financial arrangements for decommissioning of phase 1 and 2 of the

Northern Development Area of the Sea Lion field."

https://assembly.gov.fk/jdownloads/Executive%20Council/Executive%20Council%20Forward%20Plans/2025%20Forward%20Plans/08%20EXCO%20Forward%20Plan%20August%202025.pdf

Mogger

All,

Some might also remember that Murphy Oil were involved in the 1998 drilling campaign around the Falkland Islands

Mogger