Member Info for obone

Confirmation of Selva gas field inclusion "The proposed acquisition by Saffron of SEHIL's and PVO's natural gas and oil assets contemplated in the transaction adds significant larger assets to the Saffron portfolio, including the Selva onshore gas field, which recently reported strong gas flows resulting from successful flow testing of the Podere Maiar 1dir exploration well "

Sound & JP has history in Indonesia http://www.proactiveinvestors.co.uk/companies/news/43117/sound-oil-sells-bangkanai-for-us71mln-51461.html

gemstar, 50% loss; thats a tough pill to swallow. Hope you have made gains on other investments. This was supposed to be as safe a gas bet on AIM as it could be. I'm down but have no choice but to see how this plays out.

HISO, Well (pun unintended) attended event. I did notice at 4:37:28 a question from Oilex.

Thanks simongrove. http://www.proactiveinvestors.com.au/companies/news/190276/po-valley-energy-surges-on-commercial-gas-discovery-190276.html https://www.pesa.com.au/australias-po-valley-spud-new-large-gas-play-italy/

We have the same opinions legache... and serious money invested.... with our patience severely tested... and hope the new management have a sensible plan and its not all hyperbole.

Cassiopeia...Steffy is paid to hype and organise ra ra meetings. RNS should be the way to distribute information fairly, vetted and recorded. Steffy is Corporate Relations for Saffron Energy. I have tried repeatedly to get substantive answers in the past from her but failed. But according to our new Chairman, James Parsons we will now be kept informed but I have seen nothing useful since suspension. Could hardly miss the city gossip, last week, on the �10 to �20 million CORO placing. My money is tied up here and I cannot afford to partake. No doubt I will lose out. I understood CORO was being formed to exploit Italian gas fields using Saffron/Po Valley ex-ENI local experts in development and licensing. Why this talk of Indonesia ? This saga is taking ages and no action; still no proposal document to vote sent to existing SRON and other company shareholders. I am a SRON shareholder and shares have been suspended since October 5th.

Looks like a part built development web site accidently allowed public view.

Big talkers but waiting for action is an interminable wait.

Will need a cornerstone investor (Continental or Greenbury ?) to take a good chunk. To help raise the large amount and inspire confidence in PI.

Willy, like it. Think I'd need to double my whole share pot on your calc basis. Except the current pot has a firm lid.

I have signing forms from Turner Pope having been through their comprehensive broker checks. I have not signed yet because I have not yet read the terms. CORO shares must be allocated based on current SRON ownership and not related. I suspect a placing to clients, at a discount, on readmission.

Thanks RichieBoy. Decent interview with Richard Jennings about their research and only align with companies they believe in.

Thank you RICHIE and HISO for the two interviews. jS upbeat :-) Development,license and finance plans in place for 2018; Will wait patiently for milestones to happen, then SP will reflect.

It should make Italy think about security of supply and hopefully speed up allocating development and production licenses.

legache & hobione, I understand the price sold to Shell is the current spot gas price - small % (I can't find it at moment - believe it was 20%)

Finance backing from a cornerstone investor is a mark of confidence in the company. Must have faith in the plan to overcome the difficulty in extracting the gas. Roll on 2018. The first placing is at a tiny discount and second at premium; decent price IMO India needs this gas and I believe the PSC extension will happen.

Thanks courtier. Promises for an exciting 2018...are just promises..the SP better reflect this excitement. For SRON shareholders, nothing new then.

I could not make the event - seems an expensive XMAS jolly with sole purpose of TPI pump ? Anything new announced from yesterday's Investor event ? Can't see anything from Sound or Echo BB. Could be as long as February to get deal done and come out of suspension.

legache, well done on SQZ: wow over 100% up today come on SRON -> CORO get your admission documents done SQZ announced their deal after you and have brought them in today !