Member Info for Shouston

The longer this goes on the better chance of COPL surviving.

If it survives and Anavio leave with very little then the SP will rise quickly.

You pays your money, and you take your chances...

Nice...

Recovering millions for victims of fraud and unfair practices

“Michael is a tenacious and highly respected litigator who brings a wealth of experience to Setfords’ commercial team,” said co-CEO Guy Setford. “His services will allow a range of clients to recover losses, and pursue justice where they have faced unfair and even fraudulent practices from financial service providers.”

Looking good again here today.

More news please...

Foolish or ???

This may actually survive and thrive...

Denotes the security is being admitted to trading on the London Stock Exchange, a Recognised Investment Exchange.

Is it changing to main market??

I believe David was suggesting Kibo selling down and "Now on Fumes"...

I see that you have been here a long time... posting 3 times in the last three months. (All today)...

Keep pumping ;-))

Correction they have 94,461,746, about what has been traded so far today...

Kibo have 104,611,746 shares David, it may take a few days for them to sell down that amount.

Loving your scattergun approach to ramping ANY share in the top 5 on the day....have you been spiked?

Video update on today would be welcomed..

Athletic shenanigan gong on...

Long and short, the price is now much higher,,,

Cedar greenhouse from Woodpecker Joinery now funded from last few days profits here. (Thxs)

Hope Mrs Acker is keeping well.

Keep the faith....

It is difficult to see the pictures unless you have a Facebook account.

I do not... But these slides are pinned in the TG group.

They clearly mention the Valaris 247 rig,

MODU Schedule Valaris 247

Contracted by INPEX

Third slot taken by ENI

EOG commitment pending EIA approval

Subsequent slot available to SundaGas

Limited availability but working with Valaris brings cost savings but operational constraints.

Picture show of the 5 locations the rig is booked to visit.

* Sites 1 and 2 INPEX (both sites just north of ENI "Blacktip" location. (90 days from May 2024)

* Site 3 is ENIs Blacktip locations (60 days August 2024)

* Site 4 Just to the South of Eni Blacktip (Exploration) 60 days 9October 2024)

* Site 5 SundaGas CHUDDITCH. (December 2024 40 days)

It is my view that Site no4 has not been booked yet.

Is there the prospect that Baron could take slot number 4 if we reserve the rig. Now with our Farm up partner involved getting finance may be a bit easier than before.

Now where to get £2.5 million to reserve THAT rig......hmmm

On the drilling, my belief was that BoD were targeting the free slot on Valaris 247 drill rig.

You raised the PVD link some time ago, at first I did not give it much credence, BUT maybe Horta might be happy with TL supporting only off shore exploration, and not going for expensive onshore integration. (The wealth will come much sooner imv.)

In either case, we would need to book a free slot, on "A" rig...

https://s23.q4cdn.com/956522167/files/doc_downloads/fleet-status-report/2024/02152024-Fleet-Status-Report_FINAL.pdf

On Page 1 and page 5 of the attached, you can see that the rig being refurbished in Scotland currently, and will be towed to Australian waters later in the year to support and "Undisclosed contract from June to September 24 then ENI use it until November (Area P??) then BOIL is being pencilled in after that.

The BoD are wanting to buddy up in order to reduce the total cost. It would make sense to buddy up with ENI.

Is this why the urgent raise was needed, so that they can reserve this Rig.

Do we know the availability of the PVD fleet....

Let's see what "Sharpshooter" can dig out from his Vietnamese friends...

Edit. Farm up.

So, it could be that Timor Gap is a potential JV partner.

This would make some sense with the Garm Up agreement recently...

Are the cogs finally clicking into place now??

The clue is in the gas produced along side the oil....

99% of the gas produced (75kMcf) was "Gathered" and successfully reinjected. Little flaring is happening.

System seems to work as it should.

Lets not forget Arts hand in ALL of this...

As for, less water this month? Well the tears have dried, but the "collective" resolve to get to the truth has hardened....

PS the field produced 30k barrels of oil....hmmmm

Another billion shares traded today...

Getting closer to "Churn over"...

Is this not a positive move?

Discussions with rig owners

(Can now get more serious as BoD have enough to "reserve" a rig...)

· Identifying potential logistical synergies with regional operators.

(What is known is a spare slot on Valaris 247 rig which is in the area servicing INEPEX and then ENI. (Area P??) Rig becomes available from November if not before....)

· Progressing the environmental approvals process.

(Good, get cracking. What's taking so long....)

· Preparing to conduct a site survey at the proposed Chuditch-2 appraisal well location.

(Thought we had done that to death at gazillion pixel quality...ffs) (They may discover the drill site is 100% wet!!!)

· Commencing the procurement process for long lead items.

(Fresh Sherpas with Champagne)

· Updating of the well design and costs.

(Getting advantageously cheaper if we book, NOW!!!)

· Recruiting for key posts, including Well Operations, Health, Safety and Environmental and Procurement.

(Sounds like progress)

Is something about to happen!!

Leew, The CAPEX was installed, what did not materialise was the OPEX.

The maintenance of that OPEX was critical to becoming a going concern (at +2500bpd)

And to pull it with no explanation, is simply scandalous.