Member Info for Rivendell666

This is from NA's Cameroon page

""Following the successful 2018 appraisal campaign, the joint venture has moved the Etinde project to a development planning phase. Several development screening concept studies are now underway to optimise the development of the Etinde Field, with the aim of agreeing development concept selection with all stakeholders during 2019. A Final Investment Decision is expected by early 2020, with first production envisaged in 2022"" and the pretty picture accompanying it shows a FLNG tanker and a line to the power plant at Limbe.

So "Several" options are being considered. Lots and lots of variables gotta go in the spreadsheet. NA don't know the outcome and neither does Bow.

All we LTH's need is ONE ferkin option to be approved by the myriad of interested parties and Biya

1922's not that far away ........ Grrrrrrrrrrrrrr

This is from the last RNS. All nice and vague & hopeful. Bow sells "our" condensate whilst the JV sells the dry gas any which way. (What's another few years.......)

Etinde

· 2018 appraisal drilling programme made new discoveries and further improved understanding of the reservoir. Analysing and interpreting the impact of the data collected is ongoing

· The JV partners are proceeding with:

o Technical analysis of the data collected from the 2018 appraisal drilling programme to validate the IM and Isongo E ("IE") field development plans and the Etinde resource volumetric update

o Engineering design studies to assess the engineering and commercial feasibility of all available development options. The JV partners expect to discuss and agree our preferred development solution(s) in the near future

o Commercial analysis of ALL available development options focused around a liquids-based development alongside discussion of sales terms with potential gas off-takers

"""""Declaring that the “boom is back” for liquefied natural gas (LNG), Wood Mackenzie predicts that capital spending on LNG plant and upstream infrastructure will total more than $200 billion from 2019 to 2025.

In fact, a new Wood Mackenzie study anticipates that nearly 90 million tonnes per annum (mmtpa) of LNG capacity should take final investment decision (FID) and start construction in the next two years alone. Engineering, procurement and construction (EPC) contractors and others along the LNG supply chain should get a “major boost” as a result, the consultancy finds.""""

https://www.rigzone.com/news/200b_in_the_lng_project_pipeline-25-apr-2019-158692-article/?utm_campaign=DAILY_2019_04_26&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F3

C'mon Biya .... You don't want to miss out .............

Seems a weird phrase with lots of implications.

If BP and COP were both seriously interested at the start of the process, say, it would take a very brave CEO to tell BP to Eff Off and then cross your fingers that COP offered sensible terms and time-scale for the FO

Is selecting a "Preferred Bidder" usual practice ?

Does it mean a deal is already done ?

Or what ?

"""""Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale ...Understand the critical energy challenges the world faces and analyse the political economy of the global energy industry."""

DYOR FREE course on above from Future Learn (sadly not on commission)

https://www.futurelearn.com/courses/global-resource-politics?utm_campaign=fl_april_2019&utm_source=newsletter_segment&utm_content=course01_title&utm_medium=futurelearn_organic_email&utm_term=110419_NL_TARGETED_PMW

Sorry about your sad news. Keep the faith......

"""The biggest independent oil and metals trading houses, including Vitol Group, Trafigura Group Ltd., Glencore Plc., Mercuria Energy Group Ltd. and Gunvor Group Ltd., are facing bribery and corruption investigations in jurisdictions ranging from Brazil to Switzerland and, most importantly, the U.S......""

https://www.rigzone.com/news/commodity_traders_face_bribery_and_corruption_probes-25-mar-2019-158454-article/?utm_campaign=DAILY_2019_03_26&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F1

for a Dallas-style RNS... It was just a dream ... Winx is alive and well ....

C'mon FO otherwise I'm FU'ed

to look on the bright side of life today.

Big hugs to all.....

https://www.rigzone.com/news/bidders_surface_in_bps_7b_us_shale_sale-1-mar-2019-158284-article/?utm_campaign=DAILY_2019_03_04&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F1

Would've helped if we were a producer but many billions being spent on shale

Def not an ozone there ........

http://www.ottoenergy.com/site/PDF/2741_1/Winx1DrillingUpdate

All wonderful.......

It's been a while since someone asked about Corporate Holdings.
.
.

And this used to be such a vibrant board .......

Perhaps a bottle of Icewine and raise a glass to PB and Brent Villemarette

What's MM typing with if both hands are tied behind his back...

A few items to ease your suffering .....

https://www.amazon.co.uk/s/ref=nb_sb_noss_2?url=search-alias%3Daps&field-keywords=man+flu

for the weekend start ..

https://www.youtube.com/watch?v=W_xMM4qxF1w

It's the Brahms and Liszt concertos........

https://www.loc.gov/resource/hhh.ak0410.photos

One of these days .........