Member Info for soulac

Could the seller be out!!!!

https://www.msn.com/en-us/money/markets/oil-tankers-queuing-off-chinese-coast-proof-of-rapid-rebound/ar-BB14TIiX

Anyone subscribed to this.
https://www.upstreamonline.com/production/us-oil-price-surges-on-china-trade-deal-hopes/2-1-817400

Oil finished above $35

Share to be taken of our total in the next few days, I guess this should increase the share price by 4%.
Total Voting Rights

The Company has applied to cancel the admission of Depositary Interests representing the Directors' Subscription Shares until such time as shareholder approval has been granted, with such cancellation expected to be effective on or around 28 May 2020.

Following this announcement, the issued share capital of the Company will consist of 1,085,810,968 Ordinary Shares. No shares were held in treasury at the date of this announcement. The total current voting rights in the Company are therefore 1,085,810,968.

Consequently, the above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Company's Constitution.

Seeing greater Stanley wells are all ready part drilled must be looking at 3 days max for drilling.

Be nice to know how much we will up our % in the Stanley wells, this will be a big boost to our bopd.

Web page, not sure if this is a new update as no date,

Announcements

Engineering and design work on the Stanley-4 well has now been completed and a preliminary cost estimate is on place. Preliminary site inspection has been completed, and regulatory documents have been filed.
This well will follow on the success of the Stanley-1, Stanley-2, and Stanley-3 discoveries.

Ticking up the price. Could see a blue day and week. Gla

Operations > Exploration14 May 2020 CommentsShare
Paul Hunt

Senior Journalist: Oil & Gas, Policy.
Paul Hunt
Treasurer Nicole Manison today released the government's quarterly fiscal report, which showed a deficit of $540 million, and said she made "no apologies for doing whatever it takes to protect Territorians."

As part of the government's recovery plan post COVID-19, it had brought forward $11.79 million worth of funding for oil and gas explorers and producers to encourage investment.

The cash will be made available through the Strategic Regional Environmental Baseline Assessment program.

Treasurer Manison said the costs would be "recouped through cost-recovery arrangement with industry."

"The March quarterly financial figures showed the government budget remained on track for the 2019/20 financial year until the COVID-19 global crisis emerged," Manison said.

"In response to the COVID-19 pandemic Government took swift and decisive action to save lives and to save jobs.

Manison said the wad of money would provide "funding certainty" for the oil and gas industry.

She also noted the government remained committed to implementing the Hydraulic Fracturing Recommendations from the scientific inquiry into fraccing which led to the lifting of the fraccing ban in the NT.

According to the government's website it is only 41% complete in introducing promised fraccing regulations.

The Michael Gunner-led Territory government has delayed its own budget, following the federal government's decision to suspend its own. The next NT budget will be in November this year

Are really pushing for new gas.
https://www.energynewsbulletin.net//news/1386924/northern-territory-throws-cash-at-oil-and-gas-industry?gator_td=8jV%2bziLmc%2fA6wj%2bEcf5CbgvHd%2bxrZpPAv0QItCQNx3nPjtR0Lu%2bJcPkSqI0Jz%2bx3MOQ9l%2b94I47WzD8XRao9TUWrt99hD176LcwQeiMlqkCjM8shdyTYCYXvAVhNSBaqeDVNwFcqS8eZRE145DCESqbC%2fkipj30yr94jQEta10Kvh%2bQRa8%2fbEN0XRi4zE1ehvsjWE11RBnMuanHp8BNuOGnhsBsOljqRdUzxiUFXGVF%2btu4dcZwzPNoBkRyyKB1SumuNTJo1d%2fcOWH68BXqdcphmgV0obqwSwQU%2bVl4GQvfPEj9%2bU2%2b4D0QXAMJi8hzhbhBaOhoF4SQ%2f8zfkfr1QyIV3da3da1r0sg8lwLhZ1sniq5Szl8bDAxyYtbdf%2fDA0AHorneDgw9sVWYGEtpJMircCj7qrDs0xog4K%2fa2U7SQnFELb1qYW0ZZHD4T9AzYK

Push up oil price.
https://bulgarianmilitary.com/amp/2020/05/23/the-united-states-could-attack-iranian-oil-ships-venezuela-said/

They are in talks to increase there % in the Stanley wells ,

https://m.youtube.com/watch?v=fURPtZ7Tn4g&feature=youtu.be

Yes I agree, with all the news normally we would get a media update, still think there's lots to come.

Morning all. We might have only got $300 thousand for welch, but it also works in our favour that we can negotiate lower prices for new projects.

Big buys coming in,

5.5% head to $34
And we are level again , could be an interesting last hour

And a prieum $4-5 a barrow

Stanley is more important, profitable in the teens. Cheap drills and no pumps needed