Member Info for Sarir

I used to be on a UKOG Twitter chat group a few years ago, now I’m reinvested, if it’s still active, would someone please DM me.

Many thanks

Really good informative posts yesmerve and free money, UKen certainly in the right place at the right time and after many years pleased to be reinvested once again.

Having suffered many years of frustration with UKOG, back in the Gatwick gusher days, after lots of research, I decided last week to buy back in, the future of this company finally seems to be going in the right direction.

Https://ut-dnr-ogm-prod-sf-public-bucket.s3.amazonaws.com/a0S8z000003Wr3XEAS_1718116585430_2024_040_471_04_20240610.1_RequestForAgencyAction.pdf

Great news, excellent presentation from Valkor.

We’ll know the news later this afternoon, as the meetings on live link.

Decision on the licence will be next Wednesday 26 October 22.

Why would they only extend two weeks, all looking good imo.

If the financing is announced, it will be a pleasure to watch the SP grow for 18 months, it’s been a lot of years coming.

Spot on Fadec, massive potential here.

I read somewhere that the Utah Government estimated the clean up of the Oil sands was in the billions, with this latest Government announcement, I think the future is very bright for this technology now.

Lots of support for green energy in Utah
https://utahpolicy.com/news-release/64637-utah-clean-energy-on-senate-passage-of-the-inflation-reduction-act

Commenting, John Potter, CEO of TomCo, said: "The amount of local support we have received in advancing our project to date has been outstanding and I would like to thank everyone involved. We believe our proposed development project in Uintah County is based on an exceptional deposit with tremendous potential. We continue to make good progress with our plans for the TSHII site and continue to advance the previously announced due diligence exercise being undertaken by a potential financing party currently interested in backing our plans for Greenfield. We look forward to providing further updates in due course."

Dan Hemmert, the Utah Office of Economic Opportunity's Executive Director, commented: "We are excited to see Greenfield's growth plans in the Uintah Basin. Energy Independence has never been more important to the nation, and we are proud to support this venture which will provide significant investment into rural Utah. We are also pleased to see the planned application of innovative processes, aggressive carbon sequestration, and efforts to be carbon neutral - from well to tailpipe."

Great news, this is a big step towards funding.

Pleased you had a good day Vauch, enjoy your weekend.

We are also advancing the previously announced due diligence exercise being undertaken by a potential financing party currently interested in backing our plans for Greenfield, together with other matters in relation to the TSHII site.



"The Company's Board has recently undertaken a site visit to Utah and met with the Valkor team and our sand off-take partner. Whilst in Salt Lake City the Board also met with the Company's local professional advisers and were able to view some of the cores recovered from the exploration wells, which are being stored at the Utah Geological Society's core store. We look forward to providing further updates in due course."

I’m thinking the delay in finance is related to the PQE takeover, with regards to reassuring the potential lenders that this technology is viable. If Viston are prepared to pay this kind of money for the PQE licence and technology, then Tomco’s future will start to look much brighter, with regards to obtaining the finance, I don’t think finding customers would be a problem.

https://www.businesswire.com/news/home/20220525005954/en/Viston-United-Swiss-AG-Provides-CFIUS-Update-in-Connection-with-All-Cash-Offer-to-Acquire-Petroteq-Energy-Inc.

So we are still in April and therefore still on target for securing financing lol :))

-Securing mixed financing, optimizing capital structure.
-Negotiation of financing terms
-Target completion date: April 2022