Member Info for surf1

Pipeline update incoming also imo

Good luck with that but I feel my chances of success are much greater here

I can see the pipeline plans being accelerated

Just an example

https://www.bloomberg.com/news/articles/2024-11-06/energy-transfer-boss-hails-trump-win-as-breath-of-fresh-air?utm_source=website&utm_medium=share&utm_campaign=copy

Probably already started.. wanted the elections to be concluded before announcing spud maybe

Some feedback from Alaska

https://www.alaskasnewssource.com/video/2024/11/07/alaska-governor-talks-trump-victory-energy-needs-state/

This is a great result for Pantheon’s progressive position, I’m sure they will be celebrating.

Update imminent

Big pressure on Mangrove…. One of, if not the Biggest on land drills of 2024!!!! Ouch. It’s about to get very interesting..

@Nav

Pantheon were ahead of schedule but due to the weather conditions this week it was held back. Weather conditions have settled now so there’s a strong possibility that commencement will begin next week. Should begin to see media posts soon and official announcements of progress.

Https://x.com/pantheonresour1/status/1851254976418353487?s=46

@chama

If you email the company and request a copy of the latest update they will forward the information that i provided. Hope this helps..ATB

@baf3

Marketing helps create company awareness and establish a strong presence in the market.

This is a sensible decision from the company and shows professionalism.

Next week or Two

4% drop in oil prices will give Mangrove a bit of breathing space but will probably be a temporary window of opportunity. They will have to act fast IMO

Next week should be interesting.. Pressure on

Yes it’s correct. Yes, there is a possibility to Restore admission to trading on AIM as mentioned

Looking good, was always going to happen…Just the start

Star Phoenix Group Ltd ("Star Phoenix" or the "Company")

Update on London Court of International Arbitration (LCIA) Final Award

Star Phoenix (formerly AIM: STA), an international company (the Company) with an oilfield services business in Trinidad, business presence in China and an oil and gas interest in Indonesia, duly update that, after an arbitration process over a 4-years period which involving a counterclaim sum over US$14m of contractual breach allegation and a moderate counterclaim sum of proceeds from oil sale brought up on the Company by a third party, the Company recently received final award notice from LCIA. The LCIA award dismissed the US$14m counterclaim while awarding the sum of oil sale proceeds to the third party, together with £52,699.57 for their Arbitration Costs and US$226,000 for Legal Costs.

The third party still owes the Company US$171,265 and £49,456 from previous LCIA orders. The Company had also initiated a compensation claims approximately US$2m against the third party in the High Court of Trinidad and Tobago (TT) for unpaid service fees and loans. Therefore, the Company regards the dismissal of the US$14m allegation by LCIA as a favorable outcome given the fact that substantial legal costs in the order of millions of US dollars were saved through utilizing an internal legal representative.

Depending on the outcome of the TT court litigation, the Company will endeavor to minimize the impact of admission cancellation. The Company is currently studying strategies for restructuring. Among several options, the main focuses are:

 Continue the ongoing proceedings in Trinidad and Tobago in which the Company is seeking the compensations from unpaid services fees and loans to a third party.

 Exploring opportunities on emerging new energy particularly Golden Hydrogen.

 Restore admission to trading on AIM.

The Company will provide further updates to the shareholders upon further material developments. This announcement has been approved by Acting Chairman Dr. Robin Luo

🚜 (1/2) The Megrez Pad is now complete. Here are some photos showing the last layers of gravel being levelled on the finished pad. The pad is large enough to accommodate multiple wells, drilling equipment, completion equipment, and processing facilities.

(2/2) Being located immediately adjacent to the Dalton Highway, as is clearly seen in these photos, offers the benefit of year round operational activity; a major advantage over projects located further away where operations may be limited to the winter months.

What are the chances of an update regarding US listing before the action starts? Would make perfect sense.