Member Info for passiton

as said SMALL trades

Sale of assets on the cards , not Boil itself, a sale of our 100% holding in Sundagas
which holds 75% of Chuditch, is the icing on the cake.

Until CPR's , JV talks will continue, Dunrobin may progress quicker , it has long been
listed as the largest, undeveloped discovery in the North Sea, that could broker a deal
quicker with the seismic, many on the hunt for assets in the North Sea already, with
many deals done in the past few months.

Looking good so far CDF, did say late yesterday, overdone and hoping for a
recovery today, with perhaps a little late in the day FOMO.

Got one for ya, just been reading, Timor's application to join ASEAN has been ongoing
since 2002, supported by the current chair Indonesia, it looks to be a shoe in this year,
provisional acceptance agreed, after he turned two votes round, at a meeting late 2022.

Curiously, the original plan for Sunrise was, production at Woodside being built facilities
in Darwin from 2003. In stepped Gusmao and blocked it , in 2002 same year.

What price do you think BetFred would give me for a 2023 winning treble, Asean, Sunrise
and Chuditch, place ya bet's , the runners are entering the starting gates.

First up , February RNSSP Spring Cup

What volume, all small trades and only 18 in total, if you remove all the reprinted
cancel/amend trades from yesterday the 19th , those with the minus prefix, if
viewed on the real exchange = cancel/amend.

Recent Government press statement, coal , CTL , CTG, all in play. Go on Naheed, get the
sp rolling, like the Thar coal railway, is our mine about to come to life, big and bulky.

It has been learnt that due to large coal reserves, it is not necessary to utilise all Thar coal
for power production and that scientists are considering converting coal into liquid and gas so
other industries, including fertiliser manufacturers, can also utilise the coal.

****stan has 175 billion tonnes of coal reserves in Tharparkar alone, equivalent to 50 billion
tonnes of oil equivalent (TOE) which is more than Saudi Arabian and Iranian oil reserves. The
reserves equal 2,000 trillion cubic feet (TCF) of gas which is 68 times higher than ****stan’s
total gas reserves.

Thar coal can meet ****stan’s electricity demand for several centuries and, as all the coal
reserves will not be utilised for power production, there could be many other uses for the
excess coal.

****stan should now focus on local coal reserves for power generation as an alternative to
imported fuel and coal given that its cost is much cheaper than the imported coal, Sino-Sindh
Resources Deputy CEO Chaudhary Abdul Qayyum had emphasised earlier.

Both new and old versions of the Timor Gap website now AWOL, let hope when it's back
something new , or even up to date, will be in it.

Also came across this link to Timor Gap and others new office spaces in Timor Plaza
how posh, if they could only polish up their Chuditch web page, sigh

https://timorplaza.com/corporate/timor-gap

How our trades appear at source, before sites add guesswork of their own.

https://www.londonstockexchange.com/stock/BOIL/baron-oil-plc/company-page

https://www.aquis.eu/aquis-stock-exchange/for-investors/trades?securityidaqse=BOIL.GB

We are red because actual sales won the day, those figures are all based on each
trade being a 100% BEST GUESS, none of the markets of the world print in red/blue
or buy/sell, just print trades. If you see a label its a guess.

Today
I know that ****stan has been working with the IMF [International Monetary Fund], with international
financial institutions. We want to see ****stan in an economically sustainable position.

Price furthered that while Washington could be “supportive” of Islamabad, the ultimate conversations
were between ****stan and the international financial institutions.

https://tribune.com.pk/story/2396746/us-wants-to-see-****stan-economically-sustainable

PM wants, Thar coal transported all around the country, first choice for Cement works
and others, in addition to feeding the power stations, Oracle with no current power
station or construction, is ideally situated, to do what he wants, mining on a grand
scale and could be rapidly put into bulk production with our Chinese partners to assist,
with the state manpower, to ramp it up very, very quickly.

No news after the latest cpec sign off , our power station still in limbo, the coal
however, could be fast tracked and bulk mined to provide cheaper coal to all
the other power stations and more, that would still be a nice little earner, while
we wait, for CTL, CTG and Hydrogen projects in ****stan to move forwards.

When just called Oracle Coal , the mine development was smaller scale, than also
providing coal to others and now potential exports via port Qasim, as pushed by
the PM recently.

Back then the Coal price floated 80-120 and we would be profitable, with bulk mining
and the exports now costing ****stan 240 a ton, Naheed could cut a cracking deal, to
undercut those expensive imports, provide what the PM wants, all in country using
indigenous coal, principally Thar coal and as said now the additional prospect of the
exporting of coal via port Qasim, the PM would also like to see happening ASAP.

Turning the import/export balance sheet right around for the Government, so they can
negotiate further financial packages, with other than just adding to Chinese debts.
World bank, IMF etc, all prepared to listen and help but only once ****stan, get control
of its spiralling national debt.

DNP
Should be no more delays for the Seismic and CPR, has now for the first time given
a firm timeline, Expects February, not vague, by end of, in Q4, hope for January.

Annoying yes but until those drop, the can is kicked down the road, on the JV/Sale
timeline.

Main placing flushed looooooooooong ago and forward sold, only the additional PI
element, that could have had some dumping, the rest just the usual, sell on news
brigade, delay so will rainbow chase elsewhere for now. Long term holders, would
just shrug, another bump in the road, to go with the many, many others Boils had.

Get them lined up for maximum momentum Andy, in February

Early Dunrobin update
Mid Chuditch CPR
Late some meat on the bones, JV/Sale talks

Nice hat trick, for a perfect market sp storm up the daily leader boards. GLA
The surfer continues to wait on the beach, will it be 4 , 5 or 6 waves?

Majority of bounces today off 0.1225, not to bad after all the rampant morning sells
here's hoping that holds and we get some FOMO recovery tomorrow.

He said before hoping the CPR is completed January, todays rns, the Company expects
the ERCE CPR to be completed during February 2023. So a firmer statement this time.
CPR will be February, presume from the EXPECTS, ECRE have given Andy an update.

Dunrobin, a joint farm out campaign is underway and we look forward to announcing the results
of the subsurface re-evaluation during February 2023.

Joint, Upland , RBD and Boil all looking to draw in a partner and subsurface (the seismic)

Both now firmly stated as news in February , which could be as little as 13 days away, expect
the crowd to return in anticipation, as both are late once more, early February could be the
winner. GLA

As the upper tier and Major's reporting immense profits from 2021 and saying expecting them
to far exceed 2021 for the next 3 years at least. No shortage of cash on their hands, if Santos/ENI
holding back, it can only be that they also await clarity from the Timorese.

They have their own Darwin facilities, pipeline and plan to dual that up soonest, for multiple
fields of their own. Will not want to commit, with Gusmao return hovering like a dark shadow.
The Timor plan , was his vision when in power previously, it was him as PM, that drove the
wedge and caused the sector Majors to leave.

Made it decree law, not just oil and gas but all natural resources, that are theirs, will be developed
on the Island, for the benefit of the Timorese people. That worked out well for them during his
tenure and beyond lol

Arise Sir mnrg, can it hold until close, or better, Rolf has leaked his next
master plan. GLA

The ideal now is Ghana comes to life, new JV and restructure, should see us sitting
pretty , with others doing the heavy lifting. New funds then look even better, if in
support of a Bolivian near term DLE test plant, as per the December press, expecting
one soon, to prove the concept and that is us and YLB, not those in the long delayed
license issues.

small raise , the last one was £3.5m for Sassanof which was over 65% of the new
fully diluted shares in issue, managed to shift that pretty quick, with some next
level pumping and dumping by the Aussies lenders, not investors.

Still think that Timor itself has a plan for Chuditch but might do a deal with long time
supporter Santos, to supply Timor domestic requirements as part of the deal.