Member Info for netuis

No, they reduced from 4.32% to 4.02%

https://www.bloomberg.com/news/articles/2021-02-16/oil-holds-above-60-with-a-third-of-u-s-crude-output-shut-in?sref=h68pkc2s
"Cold blast idles about 3.5 million barrels a day of production"

https://oilprice.com/Energy/Crude-Oil/Major-Crude-Draw-Sends-Oil-Prices-Higher.html

"Our plan is to close this by end of this month or latest mid-March," Mr Kasande said

https://www.lse.co.uk/news/TLW/panoro-to-buy-african-oilfields-from-tullow-for-140-mln-slrflrdkkykqf1h.html

160k of mine set to sell at a high limit price

She's Suriname bound! ETA 23rd Jan

https://www.marinetraffic.com/en/ais/home/shipid:195238/tracktype:3

On the move again after being moored at sea for a few days. Just met with a Port Tender vessel off shore from Las Palmas, Gran Canaria

https://www.marinetraffic.com/en/ais/home/shipid:195238/zoom:10

Stena Forth appears to be on the move. Hopefully Suriname bound. Approx 17 day sailing time by my rough calculation.

Because they need to buy back shares to cover the ones they short sold previously. Currently someone seems to be feeding them big chunks willingly, but the shorters still have 7% of all outstanding shares to buy back!

My guess is that Beetham is derisking some after buying 3% of the company and doubling his money already.

https://oilprice.com/Energy/Crude-Oil/China-Is-Rapidly-Expanding-Its-Oil-Resources-In-Africa.html

"China’s national oil companies are investing heavily in the exploration and production of oil and gas supplies in Africa"

"According to the Modern Diplomacy report, China has a whopping USD$15 billion worth of investments planned in Africa’s oil sector"

CNOOC - Kenya - come on!

Liking the look of this move on pretty low volumes!

http://www.spglobal.com/platts/en/market-insights/latest-news/oil/031120-uganda-close-to-deal-with-total-over-terms-of-lake-albert-oil-project

In Cameroon, Victoria Oil & Gas PLC, through its subsidiary Gaz du Cameroun (GDC), is the sole supplier of domestic gas for power generation. The government has said it requires additional grid power to meet growing demand.

In July 2019, GDC agreed commercial terms to supply gas to a proposed new 150 MW gas-fired power station, a project we are advising on, and there is likely to be scope for further growth in the country.

http://www.businessghana.com/site/news/general/200514/The-role-of-gas-in-powering-Africa%E2%80%99s-future

https://www.investiraucameroun.com/gestion-publique/1211-13553-apres-l-hydroelectricite-le-fonds-d-investissement-africa50-interesse-par-le-gaz-et-le-secteur-aeroportuaire-au-cameroun

The head of Africa50 also added: "Cameroon has a lot of gas; I mentioned the idea with the authorities to try to gasify a little more the Cameroonian economy, because gas is a transitional energy. We have the ambition to invest in Cameroon when there are projects acceptable to us.

Africa50 is an infrastructure investment platform launched in 2014 by the African Development Bank and 28 African states, with an initial capital of 830 million dollars (nearly 490 billion FCFA).

More than general interest:
"the government’s payment arrears have been settled and measures taken for the regularization of governments’ subsidies to utility company Eneo"
https://www.businessincameroon.com/economy/1610-9594-world-bank-group-backs-cameroon-s-development-policies-with-over-xaf117-bln

Lol, wishful thinking :-(

Seller cleared?

@bigsmoke smoking like a rocket to the moon? Or smoking like scorched earth?

No, same as you Nov, I have no idea