Member Info for Tanzania

They're planning a Buy Out with Rojo as Chairman.......

Sent on their way with the encouragement of RoJo with his tin whistle. The o&g is still there and WE are more than likely to benefit from this huge asset, sooner or later...........

Which is very, very unusual for him particularly so as he has been leaning towards o&g evaporation at Ruvuma. Those of the faith deserve 'Drill baby, Drill' so get flogging those licences please, and sooner rather than later.

Dear oh dear. How desperate Rojo's getting.......

Yes at least your'e honest Rojo asleep at the wheel as you are !

Because RoJo you haven't yet woken up to the fact as $1m more buys over over sells yesterday rather tells you, the Ruvuma reserves you have reluctantly admitted exist have not (I repeat) NOT evaporated ! Ara have suffered a huge but huge cost of paying off free holders, running an exahaustive 3D seismic on acreage that is mainly onshore, I repeat ONSHORE ! With all the huge costs spent, Aound the corner for the likes of me and you. Wake up young man and smell the o&g !

Getting personal now are you RoJo ?

Well don't forget, I am an old man and when he says adieu.....

Notice attendance fee £1k a go ! Not for me but maybe RoJo yes ?

Careful BG ! Remember Run Rabbit, Run Rabbit, Run Run Run......

More of those headache pills ?

Sardonic RoJo a perfect fit.........

Listen up Posters ! RoJo is now saying the squiliyons spent at the huge but huge Ruvuma acreage, with cheap onshore o&g exploration is never likely to be exploited in the future !!! Absolute madness.

So RoJo, are you saying the amazing value of Ruvuma is never going to be exploited and that we won't be involved ?

I'm sure you look ahead when you're driving the Bentley. Why not do that with AEX ? You have admitted the o&g value of Ruvuma could be substantial. The o&g has not evaporated. Even if it's at Tanzania's pace, this is an asset that will be exploited. Those with the faith, believe it will happen. You, so obviously do not !

Rojo, I think everyone (I repeat, everyone on this chat board) would welcome a sell notice - YOURS !

A clear and simple difference. One wants our Investment to fail, the other to Succeed !

RoJo, am I right your Messiah does not deny Bullfrogs summary of achievements over the years ?

Our simply brilliant Bullfrog to blame ! Notice RoJo's lack of response and it seems it might have wrecked his Messiah's missive !

Courtesy of our brilliant Bullfrog....

15 years ago

ARA were not invested (Officially farmed out interest Oct 2020, Farmout agreement agreed 2018)

Had not discovered gas in commercial quantities at Ntorya (2012 Drilled NT-1)

Madimba GPP had not been constructed (commissioned 2015)

Pipeline to Dar Salam to Madimba had not been constructed (Commissioned 2015)

3D seismic of Ntorya area had not been completed (2021 - 2023)

Had a development licence granted (2024)

Ntorya GSA Awarded (2024)

In reality ARA have achieved more in the last 4 years than the 11 years before. Much of the problems have been with Tanzanian authorities stalling progress. Without much of the above, no point drilling.

I do strongly believe the pipeline from Ntorya to Madimba will be built this year and CH-1 drilled once M&P have finished their campaign. So expect Q3 / Q4 Drill this year.