Member Info for Robbla

If he actually knew what he was talking about he'd know all about the Sovereign Wealth Fund that was enacted as part of the updated regs.

Getting back in my box now.

...still good though. Every cloud and all that.

If this was delayed it would obliterate confidence, sentiment not to mention share price.

Board has put too much into this now for it to delayed by us (BPC).

Its why it wont and i'm not even going to put IMO.

....because it (rig name) being assigned proves market certainly that everything is signed sealed and delivered.

Potter has stated that the CLN is the baseline for any further advance in varying the funding models including a farmin.

So, it can only be better. Right?

Geology is completely different, plus naff all 'they' can do about it as the first thing BPC and the government sorted was the maritime boarder.

'the end of the beginning'.

I posted the below a year ago...

'Spud (time frame) November 2019 to April 2020 – 60/90 day drill would mean spud is likely to commence somewhere in that window. To then allow for a 60/90 day drill to get it done before peak hurricane season in 2020. Failing that, spud would probably be October 2020.

I’m not entirely sure of the point I’m trying to make, but we’re already in March 2019 (with no Farm in) so have eaten through 3 months of the extension.

BPC have a clear mandate from the BG so the forward planning needs to be put in place in the next 6 months if BPC are to start the initial well by November 2019.

Make no mistake, these structures will be drilled IMO. '

We'll know where we are 6 weeks.... and even more so by June. Tick-tock.

...eh

https://thenassauguardian.com/2012/06/18/usgs-bahamas-holds-up-to-43bn-barrels-of-oil/

im just pleased i'll be asleep for 50% of them.

you mean under 5 again...

Advance on CLN.

65% CoF.

CLN executed for remaining funds is next up and/or Farm in IMO.

haha - must admit... i've put on a bit of timber the last 10 years, nothing to do apart from eat and watch the screen. :-)

Im keeping mum about turning the lights out... leave the pouch light on just in case.

like you say... its only 40 million and who's to say they'd sell anyway.

Farm-in is still in play (to my simple mind) because... well, we're talking circa 1.2 billion barrels and that is super six territory; always has been. All the quotes, statements and interviews point to it. So much so that BPC plaster it on their homepage!

However, I think the terms have changed because BPC are looking beyond the 1 well drill to fulfil licence obligations and more at the appraisal side of things.

Think i'm counting my chickens..

yup... although im thinking we dont know the % split.

Last year we'd have taken anything (to a degree). Now... hmmm, not so much.

I cant believe that we're talking about a question '?' and its meaning.

BPC I guess could've added (instead of said '?') On-going discussions with 3rd parties for Farm-in.

However, I think they've just had enough and just put it in there for grins.

Majors know enough by now to make a decision and so do BPC.