Member Info for SpArmada

Checked the satellite imaginery and it seems 16-2 hasn´t flared since the 23rd, but some days are missing

Nevermind, maybe I'm wrong, it flew back to Norwich, and it seems this heloo just did the same trip, it may be meaningless: https://flightaware.com/live/flight/BHL530

I'm pretty sure this helo has flown to Southwark: https://flightaware.com/live/flight/BHL538 Bosses checking last works before production and taking some pictures, or bad news?

This time AC is delivering ... One wonders how the company will be able to pay for both Yemen and Benin assets.

Today's RNS is interesting, the new data provides better awareness on the reserves and I guess it will be critical to design the drills into the most productive areas. Let's hope for even better news with some potential farm-out deal soon.

Usually, all units do not work simultaneously, leaving at least 1 unit idle to be ready in case of a breakdown or maintenance.

Regarding the table comparing the figures with and without the transaction, what would be the scenario if they used the £59m+£277m in a tender? They could easily acquire 30% of the Mcap by offering £4/share, and the reserves/share will be even better than those shown in the comparison. The deal is very badly structured, and it seems to favour Mercuria. SQZ can make deals with any other commodity trading company, which will get their marketing fees anyway, why sticking to Mercuria if you don't need any financing?

They are using 1/1/2022 numbers, Tailwind has increased production and increase reserves during 2022, I think the 42m includes the development completed during 2022. It is a weird way of presenting the information, using old data for reserves, but comparing end of the year production levels ... I guess it is due to regulation that they cannot use numbers that hasn't been independently verifies via CPR, but it is still weird.
The bad part of the deal (EMO) is the finance, why giving away 29.8% of the new company and paying £59m plus £277m in debt when SQZ has a massive cash position? Mitch Flegg has to start implementing the buy-back program that was announced in 2022 ASAP.

I keep struggling to understand the Share price behaviour (congrats to those who are in), in the last 6 months, Po Valley's SP achieved a +3.3% while PXEN's SP delivered 301%, do you think the Spanish assets are worth that much?

There has been 1 PSV next to Blythe for a week or so, that's why I understood there is some ongoing works there. Let's cross fingers for a positive RNS this week.

You are contradictory. Only if the LSE sees something odd in the trades, they will ask the company to issue a RNS. They already issued a RNS in October or so to basically say that everything was as previously announced, because shareholders were worried about a similar SP drop. If something really wrong had happened, you would have seen a RNS by now.

No, they don't need to issue a RNS is the business is not affected by any issue. Bond seems strong solid and keeps rising price, and bondholders are large or professional investors with access to research firms and analysts. Embrace volatility.

The Glentworth application is now "out for consultantion" with letters sent this week to authorities and neighbours. We have the first response: "Lincolnshire Police do not have any objections to this application." I hope more are in line with this =)

2 PSVs sailed yesterday to Blythe and Southwark, respectively. I guess it is linked to ongoing tests, so all 3 ends of the pipelines are monitored, but the boss sailorNL will tell

Kistos had to publicly state their interest on buying out SQZ in order to talk to SQZ's shareholders and other potential investors about the deal. I doubt it is AA's style to openly start a battle with a company. On this occasion, his pride was hurt by SQZ's counteroffer to acquire Kistos and dispose all its management and BoD, explictly him, that's why he made that visceral move. I doubt he will try it again with MF and current BoD.

Cheaper than Zephyr and any O&G stock listed today in UK, they are growing production by bringing back shut-in wells and expanding an existing field. However, growth is limited, nothing to do with Zephyr's

Total rubish, Siccar held WIs in Cambo and Rosebank, which are massive compared to iGas' reserves

Thanks Disruptor for your reply, it is a pity this BB doesn't allow to pin messages, yours deserves it.

I cannot read the patterns. In November I thought it was raising due to the sale of the Spanish assets in the Warrego acquisition. But last offers haven't mentioned the disposal of the Spanish assets. I don't know if there is some leak regarding the licenses in Spain or a new development in Italy. I have been following the company and stock since August and I didn't want to follow the price when it went above 10p, I had an opportunity that I didn't catch, now I see it at 15p and I cannot understand the rally since September with the falls in the gas prices across Europe.

You have the NSTA data publicly available and it says that there is no decline.