Member Info for schlemiel

The acquisition allows SEE a European base from which to operate. Being in Australia isn't conducive to SEE long term plans. It wouldn't surprise me if at some point SEE's entire operations are transferred over to mainland Europe

Advice. Don't bet the bank on an oil company that is about to release flow rate news...limit your exposure just in case the news is sh-t

capital protection is your primary objective and that requires strict risk management

Yes, lots of AT activity this morning. A portent of something?

It will be interesting to see what Staveley says from Rockwood about today's news

Many thanks

The only fly in the ointment is that upcoming results will be negatively impacted by this disposal but that's a given and to a degree logical. The real boost is apart from lease liab's is the total deleveraging of the company, assuming of course all proceeds from the sale are directed at debt retirement

let's see how the market reacts though if it reacts negatively then that would be a wonderful buying opportunity

Https://www.voxmarkets.co.uk/rns/announcement/3ba60427-266f-42b5-af80-54a75c316643/

NM

To put this discovery into perspective, global consumption of helium is about 8 BCf per year and the United States Federal Helium Reserve, which is the world’s largest supplier, has a current reserve of just 24.2 BCf. Total known reserves in the USA are around 153 BCf.

Price popping for some reason

I wonder if there'll more director buys?

Https://www.techmarketview.com/ukhotviews/

Seeing Machines acquires Asaphus Vision GmbH

Collaboration with French Tier 1 automotive supplier Valeo extending AI and ML capability

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has announced a strategic collaboration with Valeo, a global leader in the automotive industry, along with the acquisition of Asaphus Vision GmbH ("Asaphus"), a highly specialised development group with leading Machine Learning (ML) and Artificial Intelligence (AI) capability.

Highlights:

● Valeo and Seeing Machines enter strategic collaboration to grow market share in Automotive

● Seeing Machines acquires Valeo owned German software company, Asaphus

● Acquisition of Asaphus provides Seeing Machines with unique IP, a Berlin office and material boost in AI and Machine Learning capabilities

● Asaphus currently engaged on three ongoing Automotive programs

● Acquisition expected to be cash neutral on an operating basis

https://www.londonstockexchange.com/news-article/SEE/seeing-machines-acquires-asaphus-vision-gmbh/16555880

NM

https://x.com/kurdistanwatch/status/1809589005870096584

the kurdistan region is now experiencing a surge in oil and gas trade through complex means since the official krg oil export via pipeline to turkey has been halted since march of last year. the kdp and the puk have managed to find new ways to produce and sell the oil without returning the proceeds to the krg treasury. so far, they have also reached an arrangement where the iraqi government sends salaries to civil servants, although this is becoming increasingly complicated. iraqi officials are growing increasingly frustrated with the krg for not providing 400,000 barrels per day as stipulated in the budget agreement and for not sending the non-oil revenues. however, the iraqi government has recently sent the salaries for april.

according to one of the oil traders directly involved in the business, they “take oil and gas from lanaz and kar group refineries in erbil to sulaimani and from there to iran, and they subsequently end up more than a thousand miles east in ****stan and afghanistan." this has also been corroborated by a report on nrt tv. note, we have reported earlier per iraqi-krg joint financial oversight body report that krg sell oil to commercial refineries at a mere $7.5 per barrel.

continued using links........

When

04 Jul 2024

6:00 PM - 9:00 PM

Location

Darwin, NT (Venue TBA)

Bryan Sheffield serves as Managing Partner of Formentera Partners and founder and owner of Daly Waters Energy which acquired Origin Energy’s Beetaloo permits alongside Tamboran Resources in 2022.

Prior to Formentera, Sheffield founded Parsley Energy, an independent oil and gas company where he served as CEO, Chairman of the Board, and Chairman Emeritus. Credited in leading the second most successful exploration and production IPO in history, Sheffield was recognized among Forbes' 40 Under 40 and Austin Business Journal's CEO of the Year. Parsley Energy was acquired by Pioneer Natural Resources in 2021.

Sheffield serves on the boards of the Governor's Texas Economic Development Corporation, the Greater Austin Crime Commission, and is a member of the Texas Business Leadership Council.

An advocate for local economic opportunity, Sheffield is a co-owner of Austin's professional soccer team, Austin FC, and founder of Austin's first professional tennis tournament series, Drop Shot Series.

We will also be addressed by Chuck Yates from our major sponsor DIGITAL WILDCATTERS. Chuck Yates is a self-proclaimed towering giant of the energy business. The Oprah of the energy business, Chuck hosts two podcasts - the most influential and popular energy podcast on the planet “Chuck Yates Needs a Job" and Digital Wildcatter's "The BDE Show", a weekly wrap up of all things energy for people who think Jim Cramer sucks.

https://www.energyclubnt.com.au/event-5771828

Chuck Yates (He / His / Him) reposted

Thorsten Nellen🇦🇺🦘

@ThorstenNellen

Bumped into Chuck on Thursday at Mindil Beach casino - top bloke, as is Bryan Sheffield! Bring on the Beetaloo!!!!

Chuck Yates (He / His / Him)

@nimblephatty

Good to meet you!

-

this Chuck Yates fella must be one of Sheffield's buddy's

'Plenty of gas in the NT Beetaloo Basin, enough for our requirements for 500 years - Jeff - make thing happen again like you did in the 90’s in VIC'

https://x.com/ThorstenNellen/status/1809523334276911511

Https://x.com/nimblephatty/status/1809378020890956002

Isb - LOL. I love dry humour :)