New from our leader ... ""The project (not ours ) is viewed as central to the company�s plan to expand gas production to offset declining oil output in Russia. ..."" http://www.youroilandgasnews.com/lukoil+brings+us%243.4bn+kandym+gas+complex+on+stream_148768.html?utm_source=Red+Mist+Media&utm_campaign=2afa68d6cb-YIN+Newsletter+-+27th+April+2018&utm_medium=email&utm_term=0_0e971ac9b0-2afa68d6cb-50168981
ETA now 8th at Luba EG, then a few weeks (?) to mobilise https://www.marinetraffic.com/en/ais/details/ships/shipid:314553/mmsi:259733000/imo:7931454/vessel:EAGLE
ETA at Luba still 9th. Maybe take a week or so (?) for mobilising. TG it's not Arfur Daley (Bonomo) in charge. https://www.marinetraffic.com/en/ais/details/ships/shipid:314553/mmsi:259733000/vessel:EAGLE/_:d294ec00fa02e88c126b41c2ba619c16
ETA Luba now 9th May ... https://www.marinetraffic.com/en/ais/details/ships/shipid:314553/mmsi:259733000/vessel:EAGLE/_:d294ec00fa02e88c126b41c2ba619c16 I'll make the joke first ... presumably when it's all jacked up the message will be ...The eagle has landed...
26 - 30 days en route speed dependent.... Gluck all LTHs
(not that it's done us much good in the past, but you never know .....) ""The world may need an investment of as much as $200 billion in new liquefied natural gas terminals by 2025 to satisfy a growing appetite for cleaner-burning fuels, according to Bechtel . .... Even under a moderate-growth scenario, global LNG demand will climb by 15 million metric tons a year...."" https://www.rigzone.com/news/bechtel_lng_demand_may_need_200_billion_investment-10-apr-2018-154204-article/?utm_campaign=DAILY_2018_04_11&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F8
ready to move (if it's not on it's way already) About 8000 nm at 10 knots, say, is 33 days ish Maybe mid/end of April on location ?? Then FOMO ......
get the Topaz GasFinder en route that'll improve morale ( and the SP )
So long as they don't lend million s to the Big Sofa company we'll be ok.... As for corruption in Cameroon... surely not....!!
""Two statesmen met by moonlight. Their ease was partly feigned. They glanced about the prairie. Their faces were constrained. In various ways aforetime They had misled the state, Yet did it so politely Their henchmen thought them great. They sat beneath a hedge and spake No word, but had a smoke. A satchel passed from hand to hand. Next day, the deadlock broke."" What The Moon Saw ... by Vachel Lindsay
Yes, No-one mentioned the CoC elephant in the room.
..."""According to Coleman, companies are also starting to change their portfolio mix in a bid to tackle their carbon footprint. .... "You can see they're going more gas-oriented. They're actually starting to say the mantra is moving from being an oil and gas company to being a gas and oil company," he said."""" https://www.cnbc.com/2018/03/19/oil-producers-are-starting-to-invest-with-prices-at-65-woodside-ceo.html?dm_i=42XP,DCT5,2M7PG5,1EIW0,1
Shouldn't be too long before we hear of her .... http://vantagedrilling.com/wp-content/uploads/2018/02/Fleet-Status-0118B.pdf Will this engender a FOMO or are we too Dormeo .......
Many thought NA is a good company .... https://www.ft.com/content/51067150-77ff-11e6-a0c6-39e2633162d5
Cameroonian politics stymied OldBow's attempts to get the development moving. However somebody was working away behind the scenes (NA and/or Luke) and in December the drilling programme was very quietly announced. A reputable drill rig (unlike the Bungle in the Jungle fiasco) is due in Q2 https://www.journalducameroun.com/en/snh-indicted-blocking-etinde-gas-field-development/ As regards NA's competence http://www.newafricanglobalenergy.com/about-us/key-company-data/ I certainly have more confidence in them than OldBod's efforts ..... Plus Luke will be keeping an eye on things ......
Shhhhhhhhh. You'll wake people up .......
But Saudi / Russia co-operation......always good for POO ""According to the MoU, the parties agreed to collaborate internationally on natural gas projects, including LNG supplies, development of LNG markets, gas exploration and production projects, as well as research and technology development."" http://www.arabianoilandgas.com/article-18410-saudi-aramco-russias-novatek-sign-mou-to-collaborate-globally-on-natural-gas-projects/ Any links between Novatek and Luke ??
Read the article in my post at 9.52
Old news but good news. http://www.valuethemarkets.com/index.php/2018/02/03/appraisal-well-game-changer-etinde-bowleven-market-sleeps-blvn/?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork
Nice find. I wonder if NA are thinking about their IPO again. What better time than on the back of a successful drill in Etinde with POO up as well. Would we be offered NA shares instead of cash?? Will we last that long ??