Member Info for Razorman

Vegas … totally also agree

Some dilution is expected, and this is f’in minor in the grand scheme… super bullish RNS. My holdings is now up to 3.9m shares and I won’t sell a single share until we know more about this background story which is now bubbling away now with great energy.

However, we recognise the near-term opportunity, whilst European forward gas prices remain high for the foreseeable future, to prepare for potential dilution of project equity on favourable commercial terms to capture value for shareholders at the earliest opportunity…

Funding to progress additional activities arising out of recent positive industry interest in all elements of our portfolio is being provided by the executive directors. This will allow the Company to move quickly to do the work necessary to accelerate the potential to reduce project equity on favourable commercial terms without the requirement for a Prospectus.

**** improved farm out on the cusp???

I work for a london property developer, we were AIM listed until we were bought out by a US firm. It was confirmed as tax free. Can’t remember why.

Are you on drugs?

25p by 15th December.

Mark Reid, CEO of SDX, commented:



"We are pleased with the results of both the SAK-1 and KSR-20 wells. In addition to opening a new play fairway with numerous follow-on drillable targets, the wells will contribute immediately to production and revenue growth in an area where demand and gas pricing is robust. Morocco remains a key area of potential growth for SDX and we look forward to planning further drilling in 2023. I would also like to add my thanks to our partner ONHYM for the provision of the excellent drilling team and the ONHYM 525 rig which was used to great effect during the campaign."

Hi Nigel,

Can you add the reference to which CPR you are referring to please. Are you looking at an old one?

thanks for sharing Namco, not lost on me, I’ve made a note.

100km2 lower Jurassic trap

NE Oil play has always been in the background. Pleased to hear we are lining the targets up

Fantasy Monday RNS at 7am:-
Delay to MOU2 drilling programme has occurred following a renewed interest from JV partner ENOC group who have implemented flow testing of MOU1 at their cost and have since made an all share purchase offer of £150m for (circa 38pps). The company is currently reviewing the offer.

Not what we want as an ideal scenario, but also not inconceivable.

Whatever is behind the delay I just hope it is worth it.

Possible

Thanks Graham,

What’s your musing for reasons for possibly delays

Anyone else thinking the longer news is held back the more likely it is a potential JV partner has returned with 11th hour improved terms??

Ps I definitely want to drill MOU2 alone.

UNINVESTIBLE croc of sh it

Gas to heat homes remains a safe investment for the next decade imo. Alternative of Hydrogen is a long way off

Sorry for that outburst… happy to be educated on charts

Charting is complete ******. Can’t see how it’s any more than guiding herd mentality at best

The review is examining the key risks to the security of supply of electricity and gas as well as options to mitigate these. These include “the need for additional capacity to import energy, including LNG, energy storage, fuel diversification and renewable gases such as hydrogen”.

The Irish Times asked a spokeswoman for Minister for the Environment and Green Party leader Eamon Ryan if he would allow the use of LNG or FSRUs if recommended by the review. She said the energy review will be published next week and “it’s best to wait until then for further detail on the paper in the round and on the options that it may contain”.

She said Mr Ryan had previously said a State-owned storage capacity would have to be available to Irish people in the event of any supply disruption without breaching Ireland’s climate action plans.