Member Info for RooV12

Anyone heard of Serepta - a Norwegian company. News on their website that they’ve been approached by PETROS for some sort of a study.

Thanks Dreaming.

What I’m aiming at is what happens in any licence negotiations for O&G. UPL will be negotiating a ‘deal’ with PETROS, and later will do the same with any farminee.

I believe, and there’s a load of people on here with better memory than me, that the PSC has a % attributed to PETROS (of the profit or offtake) for certain benefits - obviously award of a licence and maybe preferential limits to what UPL pays PETROS in terms of licensing fees.

UPL will want to keep as much of the % as possible so as not to dilute themselves too much as any farm-out will have serious dilution consequences and they could find themselves threatened by this. I think that the PSC is close to fruition.

But !!!! It’s a great place to be and I’ve luckily got a load of shares for buggar all. 😀😀

Has to be with that level of activity although I wonder why people sell in such circumstances.

It will be Mega interesting to see what PETROS has managed to screw out of the company % wise although I believe this has been discussed previously.

Very happy as my average is 1.6p. 😀

Or ‘just one cornetto’ ! More likely.

Have no faith in this BOD.

Think you’ll be waiting an eternity. This share history shows it to be a total waste of time IMO.

1p - have to laugh really.

Bit of a quandary really. Buy more at seemingly low price or stick with what I’ve got. Dunno.

Stuartv etc. we’ve heard all this before and now the SP is struggling.

I seem to remember that they appointed a well management company some time ago. Anyone contacted them for any info? May be worth a punt.