Member Info for sygmaa

They had 11% of Serica,

I would have preferred it to be blue-collar workers, it has a more Wonderland feel!🪄

Well, here there must be 15% of Prd's capital (?)

and almost as much in x?

We'll do much better than Serica in the long run.

Sorry F&M it's was withe collars..

https://www.thisismoney.co.uk/money/markets/article-6355935/Builder-wife-hit-38m-jackpot-making-slick-gamble-North-Sea-oil-firm.html

Thanks to Bondsan from the Tower forum:

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Interesting post Polyboy

Yes SQZ was almost a goner and was once buyable at 3p….i bottled it at around 6p after a Swedish fund manager if I recalled sold their stake and I took that as a bad sign. They did have the opportunity to buy expanding Nth sea fields from the bigger players though at a time when investments were being made which catapulted them to 20,000 bopd + in one swoop. There was some story in the papers about a regular blue collar couple in Uk who bought 1% of Serica at 3p .and it made them a fortune. Thali license was divested by Total in their drive for Elephant hunting in deeper offshore and TRP acquired it. Immaterial for Total, potentially very material for TRP.

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Well it's not Grh, but this story must please him.

.

.

Scuba diving

The Albanian and Lebanese coasts seem to have been asleep since time immemorial,

both in terms of underwater archaeology and oil and gas exploration.

Special thanks to Hezbollah and Enver Hoxha

Yes, Highmat, it's the missing piece of the geographical puzzle.

I had to force it in a bit, like when I was a kid, but Keith has all the real pieces.

"What a waste of time doing puzzles or collecting coins!"

said Groucho Marx when he saw Marilyn walk by.

At least he was nicer than Enver Hoxha.

This must be part of the Messinian salinity crisis.

I remenber Kosmos name on 2024,/2025 presentation.

OK, thanks, I didn't know the history -:))

Tha'ks KeithOz

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"Gustavson estimates the most probable volume (P50) if the field is primarily composed of oil at 2.98 billion barrels, with 3 Tcf of gas."

I seem to recall reading this 3 Tcf figure during PG's presentation; it's an assessment by Gustavson, a company with a strong reputation.

Does Manas need a partner like PRD for the gas portion?

The Manas team results defined and discovered a total of eight giant prospects which according to Gustavson calculations have the (P10) capacity to hold up to 5 billion barrels of light oil and 5 trillion cubic feet of natural gas if the prospects are oil filled.

If they contain oil with a gas cap the amount of recoverable oil drops to a still breath-taking 2.4 billion barrels of oil with 26 trillion cubic feet (Tcf) of gas. If mainly gas, the P10 amount recoverable is 46 Tcf an amount that would make it Europe’s largest field outside of Russia. These amounts are the headline best case volumes. Gustavson puts the most likely volume (P50) if principally oil at 2.98 billion barrels with 3 Tcf of gas.

Estimations

If oil with a gas cap the amounts are 1.4 billion Bbls of oil and 15 Tcf of gas and if just gas the P50 is 28 Tcf. The lowest case estimate for the prospects if oil filled, oil and gas or just gas is a respective 1.636 billion barrels, 738 million barrels with 8Tcf of gas and 16 Tcf of gas. Critically any of the above would make Manas a major oil and gas company.

No matter how good the Albanian project might be, however, Dr. Becker is quick to emphasize, that there are unknowns and with exploration there is always potential for disappointment. We know the prospects’ reservoir capacity is very large and that there is oil in the system. “But we will never really know for sure if some unexpected geological event has intervened”. This we will not know until the prospects are drilled”.

We can reduce the impact of these risks. The only way around this is to diversify our geological (and political risks). “We already have very high quality high impact plays in five countries”, Dr. Becker reminds us. “And in the next six months our goal is to add several more to what think is already an all-star list.”

Https://www.worldfinance.com/markets/fx-and-brokerage/big-oil-and-gas-potential-in-albania

You shouldn't be mad, Paul was in great shape.

He started by eating green woke in salad,

then continued with a troll fricassee (15/30),

and for dessert, a "pie in the sky" covered with " jam tomorrow.".

Wonderland breakfast.

Hello Captain Spud,

you just need to do like the "sleeping giant",

RIP Van Winkle slept for 20 years,

but for us 4x20 days will be enough.

,"The signs indicate that we could be close to a very, very important discovery of gas and oil underground, which will not only greatly affect the future of our country, but will also play a role in the energy future of Europe,"

Rama said on July 5th.

Well, now it's starting to look like Guercif -:))

I love it! 🤣

Shell Oil/Gas, Albania

https://telegrafi.com/fr/La-v%C3%A9rit%C3%A9-sur-la-d%C3%A9couverte-de-p%C3%A9trole-et-de-gaz-en-Albanie/

H2 Albania (For Donal).

https://www.h2-mobile.fr/actus/hydrogene-naturel-mine-albanaise-plus-gros-gisement-monde/

1) It's 7.5/15 ? No it's 15/30

2 ) he said no debt, no going concern issues, annual accounts out end of April

Me also I prefer onshore

Perhaps too deep for PRD.

https://www.atlanticcouncil.org/blogs/energysource/turkeys-gas-find-in-the-black-sea-how-big-is-this-tuna/

I remenber Ithaca was in Egea sea ,

where ?

Https://www.euronews.com/2020/08/21/turkey-s-erdogan-announces-discovery-of-large-natural-gas-reserve-off-its-black-sea-coast