Member Info for Robbla

Thank you. Just doing our bit for the Environment before we drill our target of 1 Billion Barrels.

Would the last retail investor to buy at 4.95 please turn out the light.

Road map to drilling states...

• Environmental Authorisation
• Insurance
• Close Out Financing
• Rig Contract
• Equipment Mobilisation
• Rig Mobilisation
• Farm-in process continues

Rigs Available (not in contract or soon to complete operations) located in and around GoM and the Caribbean, all 6th/7th Gen.

https://www.seadrill.com/application/files/3815/7481/2591/sdrl-fleet-status-q3-2019-v2.pdf

West Sirius (Built 2008) Semi-Sub
West Capricorn (Built 2011) Semi-Sub
Sevan Louisiana (Built 2013) - Contract until March - Semi-Sub
Sevan Brasil (Built 2012) -Semi-Sub
West Neptune (Built 2014) – Drill Ship
West Saturn (Built 2012) – Drill Ship
Sevan Brasil (Built 2012) -Semi-Sub

https://www.seadrill.com/fleet/rig-portfolio/

So, looking through the latest presentation given on Thursday of last week ... looks like we may be nailed on for West Saturn (Drill ship and NOT Semi-Sub)...?

Available and currently at anchor in Trinidad.

EA approval along with drill contract and rig will come in one update imo.

Exactly... its all there in the flipping black and white. I can really see why people give up posting 'facts'.

Its all part and parcel of build up to being able fulfil drill obligations, they are intrinsically linked.

Unbelievable!

I'll be hunting the recording from this evening's presentation come 10pm.

'Proper Planning and Preparation Prevents **** Poor Performance'

i'd like to add 'perseverance' to that...

'We continue to consider several farm-in options.'

'if we were to 'go it alone'.

'if we were to choose to drill with a partner.'

That's three times in one paragraph.

4 weeks will pretty much give us everything we need to know but good to know that April 2020 is spud.

Circa 10m traded in 40 minutes!

BPC presenting tonight in town... it'll be recorded and probably available Friday at some point.

I agree, if they choose meaning there are offers; Just not suitable.
Having a local Bahamian investor of this size to provide working capital in addition (and prior) to the CLN is very good news.

'It's not the despair, Laura. I can take the despair. It's the hope I can't stand.'

You can be sure that Potter is not just in town for this.

...Tomorrow.

https://www.proactiveinvestors.co.uk/register/event_details/239

Well, that all needs to happen in the next 4-6 weeks to hit April Spud and complete by June with a 45-60 days drill time; Spud to TD.

Looking after the locals.

...'During the past three years, 95 HIWs have been drilled globally, with 40 of them resulting in discoveries – equating to a 42% success rate. Looking solely at 2019, however, the success rate of the 35 HIWs drilled was only 31%.'