Member Info for Robbla

building a large holding in prep to sell into the rise which will come imo.

Session 1: Caribbean Oil & Gas Sector - An overview

Day 1 - 10:00-10:20

The Bahamas – opening of a new Caribbean hydrocarbon province

https://carivs.com/resources/CARIVS-Agenda-010.pdf

Volume above 30m and this will move very fast.

P1 is not deep water.

P1 is a lower pressure in relation to GoM.

Do we have to pay for you to leave?

errr.... it takes at least two tango! In those 10 years the Gov of the Bahamas weren't exactly fast in coming forward with what they had to put in place not withstanding the political minefield Potter had to tiptoe round.

These structures will be drilled IMO. By whom and at what real cost will be known in around 12 weeks. I would suggest digging out a spare sock or two in the mean time.

Awaiting the zoo to be pulled from Potters @rse.

'There hasn't even been a hint of a farm out to a major'

That was the only thing that I found myself disagreeing with.

'However, Bahamas Petroleum board or directors asked for permission to issue an additional 1.8billion shares (from memory)'

That was asked for ages ago and approved.... (this is just an extension). It doesn't mean they will... its just an option at their disposal. If they did, the SP would need to be a lot higher than it is now to fund (P1) instead of the finance arrangement already in place through the (yet to be drawn)CLN and that would mean better terms.

Back in my box now and i'll leave the divs and spivs to play.

Extensions were only required due to the moratorium that was put in place (for drilling), by the gov of the Bahamas.

Still waiting for the first zebra to be pulled from potters @rse.

I believe Jim meant 200m shares if you read it in the context it was written.

Mac are gone.

As I said... better be a fecking zoo Harry considering the complete change of tact! This was always boom or bust for me.

Make no mistake, these structures will be drilled... its just the who and that is not completely clear to me considering how things have changed or 'progressed' in the recent week.

I never did get an answer from you Bonum. Do you have an spare socks?

If you do, would you mind doing us a favour.

Potter needs to pull a fecking zoo out his @rse if this is gonna work.

VoR - Yes. Utter C***

I basically stopped taking notice of the BB after that for the best part of 5 years!

Diesel generators to start them up as well... and 'help' to keep them going.

Reckon you've been on the R Whites... that was almost uplifting.

..but.

Technical work to be largely supported by the Company's existing technical staff base currently supporting operations in The Bahamas

Same team working on it instead of twiddling their thumbs or sitting on them. Whatever floats your boat.

During 2019, oil majors Shell, BP, Total and Equinor bid for and were awarded various licences offshore Argentina, adjacent to ours which is proximate to the Argentina-Uruguay maritime border, and where the primary targets in those licences are likely to be the same Cretaceous plays potentially present in OFF-1. More recently, In December 2019, Kosmos Energy bid for and was awarded the two adjacent Uruguayan offshore blocks to OFF-1. Refer to the map link in Appendix A.

Huge interest .Super Majors already in the area. If they hit, our CoS goes up (as well as down if they don’t). 3D to be shot?

The Company believes a successful exploration well in The Bahamas will unlock the broader multi-billion potential of the petroleum resources across the Company's extensive 100% held licences in that country and position the project in The Bahamas for the next stage of appraisal and development.

Next stage already to appraise Bahamas? Stena lock in by September and just do what they do best?

At such time, it has long been the Company's stated policy that the transformative value of the project would be maximised by introducing a long-term partner via a farm-in, and it continues to be the Company's view that a partnership with a large multinational oil company will offer considerable benefits when it comes to taking the project forward once the initial exploration well is completed.

Farm-in… surely not… not now… that'd be nuts.

But you're not going to look a gift horse?

To sell..
Gulp.