Member Info for myoung

80 FY25 Backlog of orders as at 1 May

105+ contracted orders by End of FY25

47+ FY25 Orders contracted to date

18-22m FY25 revenue guidance

I noticed this as well.

Nice to see the Moroccan ministry of energy transition and sustainable developments post on LinkedIn showing the short term domestic production slide.

Perhaps one day the market might wake up and realise the value.

“Short term (2024-2026)

Domestic production: construction of pipelines to connect the Tendrara and Anchois production projects to the Gazoduc Maghreb Europe pipeline ("GME")”

https://www.linkedin.com/posts/ministry-of-energy-transition-and-sustainable-development-kingdom-of-morocco_mtedd-ugcPost-7202394676123840514-wXkt?utm_source=share&utm_medium=member_ios

Agreed

Exactly. 28th March. Fair few days ago.

It’s coming to Chariot first.

Jimmy Lea confirmed this.

The rig is with SDX currently.

Didn’t the consultation period close today? Would there not be an announcement today?

Wow. That’s a big trade! Someone is confident.

A Couple of weeks I would have thought. SDX wells are shallow.

TO CONFIRM VIA JIMMY LEA...

SDX HAVE THE RIG CURRENTLY... CHARIOT HAVE IT NEXT.

SDX PUT OUT A SPUD RNS THIS MORNING.

Poor compared to royal helium with 3-6mcf IMO.

What are you talking about Plow? FID is guaranteed. It’s either at 105mmcf or 200mmcf depending on AE results. Stop spreading FUD. It’s not helpful and misleading to potential investors reading the boards.

Https://youtu.be/S6K8vg88Rnk?si=DydSfF9-RqYnmEpd

As seen on LinkedIn. Sounds like the partnership is signed off or will be signed off very soon.

“Today I officially step down as General Manager and Managing Director of Abu Qir Petroleum Company.

Abu Qir Petroleum Company is the Egyptian JV owned 50% by Energean and 50% by EGPC, to explore, develop and produce natural gas - the fuel that drive the energy transition - from the Abu Qir, North El Amriya and North Idku Concessions in the Mediterranean Sea.

There is an immense sense of pride in what this company, with its exceptional people, have built and stood for over the past years to provide affordable and reliable energy for the Shareholders and Egypt.

Just, in the past month, this company successfully delivered the full gas production from its first subsea development.

Over the past years, significant strides were made in building a stronger company generating increasing value to our Shareholders and operating with extraordinary attention to the environment, the safety of people and the assets, continuously supporting the development of the local communities.

Serving Energean and EGPC colleagues of this company gave me immense pride and joy over the course of this long journey.

From tomorrow, I will assume the role of Energean Country Manager in Morocco. I look forward to working with our partners Chariot and ONHYM, and developing an exceptional new gas asset for the benefit of this new JV, our Shareholders, Morocco and its people.”

It’s so dangerous isn’t it this chat. Hope nobody got spiked. They need money so I wouldn’t be surprised if a placing coming very soon.

Reminder of impending RNS newsflow in next 11 months in no priority broken out into the different areas , All below are non grey , material news category

ONSHORE GAS :

1-Rig contract award

2-drilling programme and plan , civils preparedness ,licences and permits all in place

3- spud of first well

4- results of 1st well

5- spud of 2nd well

6- results of 2nd well

7- spud of 3rd well

8- Results of 3rd well

9- spud of 4th well

10- results of 4th well

11- campaign summary and future plans to first production ……

OFFSHORE GAS :

1- ONHYM ratification of licence changes approved and in place formalising ENOG

2- receipt of $10mm from ENOG

3-offshore drill unit award

4- offshore services awards, detailed programme and objectives for AE

5-Rig mobilisation to AE

6-Offshore spud of AE

7-multiple updates due to nature of this well (essentially 3 wells in one)

8-final results of all objectives and forward plans to FID

9-GSA news,

10-production licence awards

11-FDP submitted an approved by ONHM

12-FID ( what size /scale ??)

13- receipt of $15 mm from ENOG

14-ENOG intention to increase equity and chariot decision on either 3 mm ENOG shares or $50mm bond note

15-EPC contract awards

16-Rissana seismic award,

17-commencement of Rissana seismic campaign

18-completion of Rissana seismic seismic campaign

19-First overview of results from the campaign detailing some basic new information- very positive hopefully ( full results will go into early 2025 )

RENEWABLES :

1 funding for pillar ( spin out to newco? they have reiterated no dilution to parent company ( chariot level )

2- Tharissa project commencement

3- other project updates( 3) and potential new awards

4 Etana news on continuing electricity wheeling and first monetary values hopefully given GREEN

HYDROGEN -

1- feasibility study on project noir

2- Total intention on next steps and first financial seen on what they are paying

3- potential new projects

From a TA perspective we had to hold 8. We dipped slightly below it yesterday, but have now closed above with a lovely looking green candle. Next week would be a good time to receive an update to push on. Have a good weekend all.

Exactly. Is just my head telling me to sell incase there is something nefarious about the offer being accepted at such a low ball 13.5. Just my strategy. Each to their own. DYOR.

Good luck guys. I’m out. Sold my 52500 just now. I can’t risk the no vote and watch the price collapse to single figures. All the best.

Definitely going to drop some more. Additional funds required