Member Info for pre2rcd

Https://x.com/uv_shares/status/1809223417054236881?s=46&t=w4M43csxuoSw8Kk6prRgVQ

Some goog trades coming. Have investors been waiting to see if the SP was going to fall with a Labour government?

Sources told Upstream that Navitas has also made good progress in identifying a drilling facility for the Sea Lion development drilling programme.

One of the options includes an ultra-deepwater semi-submersible rig that was built in 2017 and is currently stacked at a yard in China for its Chinese owner.

However, Upstream could not confirm this arrangement.

Market sources told Upstream that the leading contender is the Bluewater-owned Aoka Mizu FPSO.

The plan at this point in time is to relocate the FPSO from the UK where it is currently working to a Southeast Asian yard for upgrades and then on to the Sea Lion field in the Falklands.

Negotiations are said to be ongoing on the commercial and technical terms between Bluewater and Navitas, with the two parties said to have already been working closely together for up to six months, sources said.

Https://www.telegraph.co.uk/business/2024/06/30/falkland-islands-oil-field-exploit-navitas-uk/

Https://www.telegraph.co.uk/business/2024/06/30/falkland-islands-oil-field-exploit-navitas-uk/

Https://www.telegraph.co.uk/business/2024/06/30/falkland-islands-oil-field-exploit-navitas-uk/

Good article with many positive comments. Nice to see Mr. Pleb pushing RKH investment

Aedos took up circa 38m shares in the open offer of which they have basically made 100% return. I believe they are offloading a good chunk and why wouldn’t they. This will depress the price but for how long?

TCM / OIL, you're both quick to respond without really knowing what your talking about.

II's are well aware of RKH and have in fact been increasing their stakes. Granted, slowly at present but the data is delayed as well.

I'm sure they couldn't give a flying **** about climate change / net zero so long as they make a buck

https://simplywall.st/stocks/gb/energy/aim-rkh/rockhopper-exploration-shares/ownership

https://uk.marketscreener.com/quote/stock/ROCKHOPPER-EXPLORATION-PL-4005463/company/

https://markets.ft.com/data/equities/tearsheet/profile?s=RKH:LSE

First close above 14.9p since 26/02/20

Just saying

An LOI is nothing more than an agreement usually on scope of supply and costs with a non legally binding reserve on the asset in question. Most reputable companies will honour them up to a specifc date mentioned in the LOI but generally it's just handshake.

Below is a poor google translate of Sea Lion. Looks like little new but maybe suggests LOI for FPSO and subsea equipment signed.

Sea Lion

During the period of the report, the partnership continued to operate on several levels for promotion

The development of the project, including:

▪ Receiving regulatory approvals from the Falkland government, including for the program

The detailed development.

▪ Formulating the financing plan for the project, which may include, among others,

Financing through bond issuance, bank financing and oil traders financing.

▪ Locating, negotiating and reaching agreements in connection with the ordering of essential equipment

whose delivery time is long (items lead long) including the production facility

and the storage (FPSO) for the project and the supply of underwater equipment and its installation.

▪ Examining the possibility of introducing another partner to the project before or after the deadline

Receiving the final investment decision (FID).

Have been watching the orders on L2 of late and move higher looks close. There was a sell order for 1m shares at 13.7 that’s been hanging around for a couple of weeks but I think it has been filled today. The MM’s have all pushed up their bids and offers considerably. Most offering circa 16p to buy now.

Https://www.bbc.co.uk/news/articles/ce43zv3qln9o

Persnally don't think he's interested in FI at all, just says he is to keep the people happy.

I think possibly as soon as close of play today to break 14p.

292,602 order on the bid at 13.6p now.

0.88%

Charles Stanley & Co. Ltd, Asset Management Arm 5,631,537 UK£757.4k -9.8% 0.01%

0.85%

Fourton Fund Management Co. Ltd 5,434,742 UK£731.0k 0% 0.33%

0.83%

Jarvis Securities plc, Asset Management Arm 5,284,191 UK£710.7k -5.09% 0.06%

0.74%

Samuel Moody 4,713,584 UK£634.0k 17.9% no data

0.67%

Quilter Investors Limited 4,314,574 UK£580.3k 43.9% 0.03%

0.65%

Saxo Bank A/S, Asset Management Arm 4,143,633 UK£557.3k -10.7% 0.06%

0.56%

Investec Wealth & Investment Limited 3,550,542 UK£477.5k 5.83% no data

0.53%

Evelyn Partners Investment Management LLP 3,396,025 UK£456.8k -5.81% 0.01%

0.49%

Commerzbank AG, Asset Management Arm 3,162,031 UK£425.3k 8.84% 0.01%

0.49%

Lloyds Banking Group plc 3,138,138 UK£422.1k 17.3% no data

0.49%

Brewin Dolphin Limited 3,127,505 UK£420.7k -7.1% no data

0.48%

Close Asset Management Ltd. 3,081,741 UK£414.5k -5.22% 0.01%

0.45%

JPMorgan Chase & Co, Private Banking and Investment Banking Investments 2,862,056 UK£384.9k 0% no data

0.37%

Fidelity International Ltd 2,346,711 UK£315.6k 68.4% no data

Chaps, Simply Wall Street and FT have updated their Major Shareholder lists and evidently there has been positive increases from a number of institutions

7.67%

Aedos Advisers (London) LLP 49,048,900 UK£6.6m -5.02% 95.73%

7.54%

HBOS Investment Fund Managers Limited 48,187,583 UK£6.5m 2.15% 0.06%

5.64%

Barclays Bank PLC, Wealth and Investment Management Division 36,082,473 UK£4.9m 2.84% 0.06%

4.09%

UBS Asset Management AG 26,119,909 UK£3.5m 22.2% no data

3.82%

HSBC Global Asset Management (UK) Limited 24,422,326 UK£3.3m 5.47% no data

3.81%

RAB Capital Limited 24,358,528 UK£3.3m 21.8% 33.53%

3.25%

A J Bell Holdings Limited, Asset Management Arm 20,769,703 UK£2.8m 6.61% 0.03%

3.08%

Credit Suisse, Investment Banking and Securities Investments 19,699,568 UK£2.6m 50.4% 0.01%

1.25%

IG Group Holdings Plc, Asset Management Arm 7,963,289 UK£1.1m 0.51% 0.1%

1.18%

Bank of Singapore Limited, Asset Management Arm 7,554,962 UK£1.0m 4.63% 0.13%

0.9%

Merrill Lynch & Co. Inc., Banking Investments 5,770,253 UK£776.1k 15.3% no data

I asked Sam if there was any news from FIG regards approving the OM award sale. He said he will be in the Falklands next week so should hopefully have more info then.