Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
They are buys. I was getting quoted the same price to buy. The quote was 2.3/2.98 at the time. Not 2.62/2.98
Yes, and a drill rig suitable for BOR in the basin. Activity starting to pick up.
Valaris D17 Drillship is moving down towards Falklands offshore Argentina arriving tomorrow to start drilling. Targeting 1 billion barrels.
Equinor in April will begin drilling the Argerich-1 exploration well in the CAN 100 block in the North Argentinian basin, offshore Argentina.
The well will be drilled 315 km from the port of Mar del Plata by the Valaris DS-17 drillship in 1,527 m water depth. It will be the first to be drilled in the country in ultra-deep waters. The well is expected to reach about 2,500 m in depth and 106 cm in diameter at the sediment surface. Drilling work is estimated to take 55-65 days.
If the presence of oil is confirmed, Equinor and partners are expected to carry out an appraisal campaign in 2025 to gather technical data including field size and potential productivity.
The Argerich project is operated by Equinor with 35% interest. Partners are YPF (35%) and Shell plc (30%).
Dr Biteko who also doubles as the Minister for Energy
According to him, the Tanzania Petroleum Development Corporation (TPDC) and its partners have secured a license to conduct natural gas exploration at the onshore Ntorya gas field in Mtwara region.
Market hasn't even factored in the recent increase in resources from the 3D seismic.
Aminex scales up gas hopes on seismic, eyes drilling plans.
For now, the companies are waiting for a development licence. Aminex confirmed to Energy Voice that this “unlocks activity pertaining to the development of the field". This includes drilling production wells or well workovers.
Following the results of a 3D seismic shoot, Aminex has upped its hopes for gas resources on the Ruvuma licence in Tanzania.
ARA Petroleum Tanzania (APT) is the operator of the Ruvuma licence. It interpreted the data, based on the 338 square km shoot.
The Ntorya field is assessed to hold 3.45 trillion cubic feet, on a P50 gas initially in place basis. This is an increase from the 2018 figure of 1.64 tcf.
The seismic provided insights into an as yet undrilled unit, which APT will test this year with the Chikumbi-1 appraisal well. Once this well has been drilled, APT plans to carry out a workover on the Ntorya-1.
Success at the well, in the best case scenario, would give a resource of 7.95 tcf, roughly a mean unrisked P10 figure.
However, the wider area has even more potential. There is “considerable undrilled exploration potential” in the broader licence area, Aminex said. Excluding Ntorya, APT has estimated there may be total Pmean unrisked gas initially in place of 8.43 tcf, with a risked Pmean of 2.2 tcf.
RPS provided the original 2018 resource numbers. The company is now updating it and this will feed into a study for initial production. This will focus on the two existing wells – and the Chikumbi-1.
Unlocking activity
For now, the companies are waiting for a development licence. Aminex confirmed to Energy Voice that this “unlocks activity pertaining to the development of the field”. This includes drilling production wells or well workovers.
All the required agencies have approved the licence and they have submitted to the cabinet for final approval. Signing a gas sales agreement with Tanzania Petroleum Development Corp. (TPDC) in January, APT reported the issue of the licence was imminent.
“The authorities also expressed the importance of energy security for the country and its people. With this latest seismic data showing a significantly larger gas resource and with well matured plans to extract the gas for domestic use, we have every confidence of receiving the licence and progressing our work,” said Aminex.
The company declined to comment on plans for a pipeline connection, to the Madimba gas plant. It only said it would support the authorities “any way we can in the early construction of the spur pipeline from Ntorya to the Madimba Gas Plant to accommodate gas extraction from the field”.
I'm guessing as Aminex are not the operator, it is ARA who has signed the 25 year development licence and therefore this info has yet to be officially received by Aminex. Any day now for the RNS hopefully. Aminex tweeting is a good sign.
The only charlatan is Mogger making false accusations.
Mogger is making false accusations.
Totally wrong and says he can't find the facebook link when searching on google
He says I must have set up the facebook page
What a plonker and wally
Everyone can do the search and find it themselves
Apart from Mogger.
Hmmm. Strange that.
What you so worried about Mogger..
Frightened Borders is going to lead the way down in the Falklands before Rockhopper.
You got it Mogger??
Or have you buggered off
Watch the oil price 11pm. Probably hit $100
Please confirm Mogger
Mogger I get it coming up when I google it.
Type in Borders and southern petroleum.
Go to tools
Click Anytime and choose past week
Scroll down 3/4 of the page.
You will see it.
I agree. But whoever set it up hasn't promoted it. It certainly wasn't me.
Phil, I can't see facebook so have no idea what's posted. i have no idea whether it's fake of not. Why would anyone set up a fake facebook account 4 days ago and say they worked as a pipe construction director?
Junpie Kiyoshi
Here's the google search result. Scroll down the page.
Facebook
https://m.facebook.com › jun.kiyoshi101
4 days ago — Pipe construction director at Borders & Southern Petroleum plc. . Professional Welder at Freelancing Contractor. . Former Pipe line welding director at
The company needs to come clean on what's going on. No good us searching the internet trying to find snippets. Full disclosure required. It's been too long and things are happening but still us plebs aren't told.
I'm still none the wiser who Junpie Kiyoshi is. Does he work for Borders and Southern?
It says on google... Former Pipe line welding director at
Can't see the rest.
Not decpetion on my part. I found the link to facebook by googling Borders and Southern Petroleum and searched in the time period for the last week to see if anything new came up. I found the Junpie Kiyoshi link and posted it here as I don't use facebook and wondered whi this guy is and whether he worked for Borders as the Director of Pipe Construction and if anyone can see on facebook.
The rest of the info posted is down to everyone else.
I have no idea if the guy works for Borders. The chances of it being another company called Borders and Southern is remote, but I guess there may be another company with the same name.