Member Info for Shouston

Info timorgap
Thu 17/06/2021 06:23
Dear Mr. S Houston,

On behalf of TIMOR GAP, E.P,, I would like to thank you for your email and inform that I already shared your previous email with the relevant Units.
However, it would be great if you could provide further information about yourself and your company in order to organise a meeting with our management.
Also would be interesting to know further details about what sort of investment / area are you interested and even if you do have any business proposal.
Also take this opportunity to invite you to visit the website of ANPM - National Authority for Petroleum and Mining http://www.anpm.tl/

I think they may have misunderstood my original mail below...

Dear Sir/Madam,

I am a private investor who is interested to hear more about the Tasi Mane project and its relationship to the latest round of oil and gas licencing.

I understand that the Tasi Mane project has yet to receive funding allocation from the government of Timor Leste.

Given that the bidders of the new licences will want to monetise their licences as quickly as possible, is it still a condition that successful bidders will have to send their oil and gas for processing on Timor Leste, or are they free to send the oil and gas to Darwin for processing. As Tasi Mane project will take many years to construct.

Thank you for any replies you can give to me.

Yours sincerely

I will try and blag, a meeting, and let you know the results

Agree BM3...

Some food for thought, my questions sent in earlier.

My question for AGM

1) With the increased ownership of Chuditch, what are the next steps to monetise this asset.
2) Have we or Sundagas bid for any further licences in TL
3) What is the companies view on TL government continuing with the Tasi Mae plans. It would appear without the government changing its stance on processing gas and oil on the island there will be no bidders for the new licences and not interest to farm in to our licence.
4) Can faster processing of seismic data be done.

Popcorn and buy/sell button ready....

GLA

https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2021/05/27070320/Baron-Oil-AGM-Notice-CL_final.pdf

The Board considers it important that shareholders have the opportunity to
raise questions with the Board. As such, shareholders are invited to send any questions that they have
in connection with matters arising at the AGM by emailing info@baronoilplc.com. Where appropriate,
such questions and answers will be aggregated and later published on the Company’s website at
www.baronoilplc.com

I have emailed that address and asked if a dial in or zoom can also be accommodated..

https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2021/04/29115452/Baron-Oil-Corporate-Presentation-April-2021.pdf

Progress being made to increase trade...

https://macaonews.org/portuguese-speaking-countries/timor-lestes-tibar-port-opening-in-may-2022/

Yes, welcome, I think you bought at the lowest point, so well done Sir!

That's why we are all here. DVH, however my timeline is somewhat shorter than 2 years.

Whatever transpires, it has to, by the end of this year, when the final 16 licences have been awarded.

On our existing licence, the discovery has already been made and quantified by Shell.

Out of all the new licences, our Chuditch has to be on any bidders list...

IMHO

Yes Benny, having a couple of large entities clanging together and driving our price up would be worth it.

GLA

That's the point Noob, when this goes higher on further official news, its not going to be just 15%.

I recognise the price softening, and the current lull is to be anticipated.

What can also be anticipated, is the TL people, and their government, will open up to foreign processing of their hard won assets. Delta between 80% and 70% tax revenues, is small considering the relative urgency to secure future income in the short to medium term.
The high capex/long lead-time, vertical integration concept, is being kicked into touch, in financial and political terms.

It does need clarification for sure, but at 0.008p its worth a small part of my portfolio.
GLA

Here's hoping Max.

All good here if you have a medium term objective.

GLA

Interesting points on paid gangs. Or those in the know.

The most pertinent one, regarding research stood out for me.

As we know BOIL, has grown its grasp on Chuditch.

That resource was discovered by someone else 20 years ago, after spending many millions developing and drilling for 16 days to give themselves 100% confidence that significant volume IS present.

At that time the area was volatile. Now it is not.

Baron raised at 4mcap, billions of shares were bought. 6billion in total.

Not all of the 6 billion new shares went to unreseached owners.

GLA

Will be watching with baited breath...

GLA

https://www.youtube.com/watch?v=S2p2MiXonnE

morning

rocquet, you complain about Jadams posts on this BB.

But you are exactly the same on BRH.

Talk about double standards...what a wally....

NB I am invested in both.

We all saw it on Saturday in the large post entitled, Bag of xxxx..

When you responded to christalbirdes, a few mins later cantclough29 also posted the exact same words as you used, again responding to christalbirdies.

Schoolgirl error there my foe...

Lol you are such a wet blanket, full of your own tears as nobody trusts you on this BB.

You are like a little boy hiding round the corner for any bad news, then you make yourself present, shouting

I TOLD YOU SO.

My post will not get deleted, because the moderators know, that you annoy this board continually ....

NFO

When you coming to Broadmoor, I am going crazy to meet up with you.....!

Interesting article, did not appreciate China's coal to gas policy.

Seems they need a lot, and building additional gas storage on a mamoth scale!!

Thanks for the reply BM3, and yet another grand selection of tunes.

Weekend going great, hope yours is too!

Hey, Paul.

What's your view on future MCAP here compared to current value.

Cheers...

Morning M8,

Don't worry I am not stalking you...

You mentioned it a few months ago, it's a small factoid, that I recall.

Have a great day!!!