Member Info for porkpies

Itochu bid on block 8 in 2012

Says on Pets website- jan 2025 investor presentation that Pet have submitted an application for Block 8 east of Baghdad

The contracts in the recent rounds have now been signed off and there were reports of direct negotiations now in the press such as mees. maybe there is something small for pet?

Petrel is seeking direct discussions from IOM for contracts. It is not currently qualified to bid in this round.

The Akkas gas field contract has currently been awarded this way.

The current bid round is only just the beginning. It then starts to get interesting. Especially for anything where there were no bidders. There are other smaller fields.

After years of delay the Iraq oil industry is beginning to open up.

Things can move quickly and when you least expect it.

Petrel is seeking direct discussions from IOM for contracts. It is not currently qualified to bid in this round.

The Akkas gas field contract has currently been awarded this way.

The current bid round is only just the beginning. It then starts to get interesting. Especially for anything where there were no bidders. There are other smaller fields.

After years of delay the Iraq oil industry is beginning to open up.

i wonder how much it keeps costing UJO to keep releasing RNS's

vermilion's own acquisition of corrib has been delayed. now expected to complete early 2023

the board is doing a good job and have my support. remuneration is fair.

the serenity deal was a masterstroke. a shot at a big oil field with a potential fall back plan. I would argue Simon Oddie has potentially played a blinder here that he is not get recognition for. there aren't many deals like this around. the fact it came up dry doesn't make it bad strategy.

who wants to invest in an oil company that doesn't drill wells? dusters are part of the oil sector risk.

Therefore the expected recoverable oil from serenity will double the 10m expected recoverable from tain.

Think we will hear something soon on inishkea.

I would say repsol may have been holding off on their Tain fid until the outcome of serenity was known. They were only expecting to recover 10m Boe. How big is serenity? Not 3km to west. 1km? 2km? Makes sense to tie in though from a financial point of view. Expected to flow 4000.

i think its to do with ireland.

The Department of the Environment, Climate and Communications (DECC) is carrying out the sixth Irish Offshore Strategic Environmental Assessment (IOSEA6), which involves a Strategic Environmental Assessment (SEA) and Appropriate Assessment (AA) of the Plan for issue of Petroleum Exploration and Production Authorisations in Irish Offshore Waters for the period to 2030.

This Plan will set out the proposed approach to the issuing of petroleum authorisations, and the consideration of the possible offshore exploration activities that could take place under such authorisations, following the decision to end the issuing of licences for new exploration and extraction, and the subsequent placing of this commitment on a statutory footing on commencement of the Climate Action and Low Carbon Development (Amendment) Act 2021 on 7 September 2021.

The Plan will provide an operational baseline which can be supplied to exploration companies who hold existing authorisations and are working offshore, against which they can conduct their work and ensure the protection of the marine environment. This will include descriptions of the types of offshore activity that may take place over the duration of the Plan, such as 2D seismic acquisition, 3D seismic acquisition, and drilling of wells.

Fracking ban lifted today

100 new oil and gas drilling operations in the North Sea

i'm sure the company does have cash but europa's share of the sidetrack will be more than the £1m loan so I assume they are taking into account existing cash reserves won't be sufficient. and the last thing we want to do is hold anything up on the drill

Cork MEP today specifically mentioned "the inishkea gas field"

Ryan won’t accept fracked gas. Ireland gets all gas from UK except corrib. Truss is expected to reverse fracking ban. Ireland gets its gas from UK meaning fracked gas is going down the pipe to Ireland???

There’s only corrib left.

TD Ring calls for further development of corrib

Has anyone considered if wrestle field may be actually much bigger than initially thought or linked to other fields in the area?
Ask the company what they think.