Member Info for soulac

Think we will get an media interview after the deal has been signed off,

I think he put the the … in the wrong place 15p

Did your trade show as a sell????

There will be numerous tree shakes,NT, and Aution to day, but it’s only going north

Break the 330 then it will move

3p to start

Keep away from that sell button, LOL

Wander how many drill rig they will bring in,

With this being a long term hold, MMS will run out of share quickly, the sp could go anywhere

Will get more news this week,

4 pence by 9am

Definitely a long term hold, and with no debt and 100 million shares in issue watch it move now,

Gla

Love the word numerous Rns

This company looks very serious,

No hold ups and right on time,

£1 party by Xmas

I think once signed off and a forward plan is announced the buy will go mental again,

London, 15 April 2024 - Pennpetro Energy PLC (LSE: PPP) ("Pennpetro" or the "Company"), the independent oil and gas company focusing on development and production in the Peach Creek (Austin Chalk) Oil Field in Gonzales County, Texas, USA, is pleased to announce that oil production continues from its Chalk Talk #1H ("CT1H") well and provides an update on plans to potentially bring Whistling Straits 5H well on to test production.

Since the last regulatory news release updating shareholders on the 25th March 2024, the company advises that oil sales revenues continue from CT1H and net oil sales (gross minus taxes and royalties) for February totalled US$48,470.26 and the Company expects to bank another US$37,083.16 around the 21 April for March's oil production, which was curtailed by intermittent pump and generator issues. Working with our partners these issues have now been resolved and we look forward to a full current month of production, we are currently on track to see revenues above US$45,000.00 per month once again.

The Whistling Straits 5H well in the Peach Creek Oil Field in Gonzales County is a very important asset of Pennpetro since it acquired 100% of the well from Millennium PetroCapital Corporation ("Millennium") in July of 2023. The well hit significant oil and gas shows in April 2023, whilst the new lateral sidetrack was being drilled by Millennium, the operator. It was reported that good oil shows were encountered on the rig's skimmer tanks from 8,120 feet over numerous extended intervals and numerous gas flares occurred. Gas was registering between 129-226 units of gas including C1 through to C4. ultimately the drilling fluids were never properly recovered and hence the well was never properly put to test.

Millennium (as operator at the time) never actually completed the work to pump out the well's circa 10,000 barrels of drilling fluids prior to Pennpetro acquiring the 100% working interest in the well.

David Lenigas

@DavidLenigas

The

@pennpetro

day that was! I’ve been with CEO Tom Evans on this Texas #oil journey since last March. It’s been very tough. But he had a plan of picking up lots of Texas #oil ground and value adding like this. And the #Lithium was super cool. 10/10 Tom. #PPP well done mate

To start work on theses wells beginning August

From Rns

Both parties are aiming to complete the transaction by month end (subject to completion of formal documention) with Globalvision planning to start optimisation works on the oil wells associated with the 12.5% ORRI to commence at the beginning of August with oil production to commence within the coming months.

After a massive deal like that and no media interview, I would expect more news Monday or Tuesday, gla

Look at June 20 rns

https://upland.energy/

Rns June 24

https://upland.energy/sarawak-sk334/

1st post

Pennpetro Energy PLC Farm-In to Saouaf Permit, Tunisia & Share Issuance

Source: UK Regulatory

TIDMPPP

RNS Number : 2175T

Pennpetro Energy PLC

21 July 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN

This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

Pennpetro Energy PLC

("Pennpetro" or the "Group")

Farm-In to Saouaf Permit, Tunisia and Share Issuance

London, 21 July 2022 - Pennpetro, an independent oil and gas company focusing on development of the Gonzales Oil Field in Texas, USA, today announces that, through its wholly owned subsidiary enterprise, Nobel Petroleum USA Inc ("NPUSA"), the Group has signed a Farmout Agreement ("Agreement") with Upland (Saouaf) Limited ("Upland Saouaf"),an Upland Resources Limited ("Upland") subsidiary, for a farm-in ("Farm-In") to its Saouaf permit area, Tunisia ("Saouaf Permit"), held in joint venture with the Tunisian state oil company, Enterprise Tunisienne d'Activités Pétroliéres ("ETAP"). Pennpetro had earlier announced the signing of a Heads of Terms agreement with Upland on 16 March 2022.

Farm-In

NPUSA will farm-in for an 80% working interest and assume operatorship, subject to ETAP approval. NPUSA and Upland will jointly seek from the Tunisian authorities a one-year extension ("Extension") to the Saouaf Permit to allow sufficient time to undertake the current prospective work programme which expires on 23 December 2022 ("Expiry Date"), consisting of an obligation to acquire 300 km of new 2D seismic data and reprocessing some existing 2D seismic data. Extension negotiations have already been initiated referencing the Hydrocarbon Code of Tunisia.

NPUSA will be appointed as the Operator for the Saouaf Permit and a formal Operating Agreement will be executed. The working interests of NPUSA and Upland Saouaf (interest carried by NPUSA) up to the Expiry Date are as follows:

-- Nobel Petroleum USA, Inc. 80%

-- Upland Saouaf 20%

The Saouaf Permit can, under its priority rights, be converted into an exploration permit at the Expiry Date. In the three years following that Expiry Date, the exploration work programme requires the acquisition of 150 km of 2D seismic and the drilling of one exploration well to reach the M'cherga formation or equivalent to a minimum depth of 1500m.

Upon the conversion to the Exploration Permit, the working interests will be as follows:

-- Nobel Petroleum USA, Inc. 40%

-- ETAP 50%