Member Info for OLADAPO007

Were there a leak related to Ireland, the gap up would be much larger!

Renewables mio left culo!

Actually it is the whole of the CO2 in T&T, smart of Paul to have negotiated that!

Man that would be gr8!

https://punchng.com/covid-19-morocco-announces-three-week-curfew/

Supplying non fracked Moroccan gas to Ireland is a possibility here, But then why do that if gas pays more money in Morocco than anywhere else or is it a case of LNG being more lucrative than NG?

He said'' while licences for gas exploration would continue''. I guess that helps us in no small way or am I misinterpreting things?

Hi GRH,
Could Guercif be our own Ruvuma? Is it that big?

The value of the resource assuming it's say $10b. We owe outrider $40m currently . We have so far used $500m to prove up the $10b . His $40m should be worth about 8% of the company if done on a capital share basis. However he would want to wipe us out based on what his investment was valued at, up to Zaza and SN to see how much they can fight for in terme of what equity holders which also include them can get for us!

A better and more complete version of the story!

https://www.petroleum-economist.com/articles/midstream-downstream/lng/2019/gazprom-plays-lng-catch-up

Anyone has the full article?
https://www.naturalgasworld.com/gazprom-neft-moves-into-lng-ngw-magazine-82533?utm_medium=email&utm_campaign=NGW%20Newsletter%20-%20April%202020&utm_content=NGW%20Newsletter%20-%20April%202020+CID_6bb51c8b76a4ec3237a195d2f6db7a3f&utm_source=Campaign%20Monitor&utm_term=GAZPROM%20NEFT%20MOVES%20INTO%20LNG%20NGW%20MAGAZINE

Nothing has changed. Paul has only decided not to waste money!

It is supposed to be more than 1tcf if I remember correctly!

Hi Spectre,
How huge are we talking about pls?

This seems to work out at $1.95 per tcf which is marginally lower than what shell got in Ireland. I hope the drill results come up at the top end.

Thx for that, MMM.

Any chance of the new found area being factored into the calculations?

Folks bought Dana at 1p a share at the start. They sold out at £18. Anyone who bought 100k shares at 1p each would have ended up with an embarrassment of riches ie £1.8m take home. Is that kind of result attainable here? Likely imho . Morocco alone could do that if things were to go perfectly. The CCS scheme too could possibly produce that. The Irish gas licences could produce gas that would fetch more money per tcf than Morocco because of its locality. How much per tcf in that locality , tbh I don't know.

Folks bought Dana at 1p a share at the start. They sold out at £18. Anyone who bought 100k shares at 1p each would have ended up with an embarrassment of riches ie £1.8m take home. Is that kind of result attainable here? Likely imho . Morocco alone could do that if things were to go perfectly. The CCS scheme too could possibly produce that. The Irish gas licences could produce gas that would fetch more money per tcf than Morocco because of its locality. How much per tcf in that locality , tbh I don't know.

We would need to get the Russians out of that place for that to happen. The oil in Venezuela is heavy from what I remember. Our method reduces the viscosity of the oil and makes it flow I believe I read somewhere. Would this affect the API of the oil in any way?