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Right….. and of course countries will always import more expensive LNG and totally rely on that in a world with a forever changing geo political climate , rather developing their own gas reserves. …LNG carriers also have a set life period, far less so than bulk crude carriers due to the massive high pressure infrastructure on them , always do your own research …
As per jimmy, Vivo energy chariots onshore mid /downstream partner and one of Morocco`s biggest suppliers of gas to industry will play a pivotal role in Loukos development.
Loukos development FID capex requirement for circa 10-15mmcfd per day should be in region of $20mm for CNG .
Morning Gooner, dont disagree with anything there.. you will note thought that majors and large independents never issue detailed timelines, they know the nature of the business and the multiples of variables dictate hugely on timing. The best you will actually get out of majority of those is using yearly timelines quoting the year ……I do actually have a certain amount of sympathy for the boards of small aimer`s like us whose shareholders want/demand to know timelines by the month or week .
We have been not been great in the past but so many things out of our control, we can improve though, I think we will.
Gooner, you go on and on and on.. like a stuck record.
it would be good if perhaps you could reset and base future events on the real start of chariots gas journey , which is now.
Missing timelines by a week or 2 or 3 is completely irrelevant going forward as the real journey starts and only concerns traders.
I was not going to post today, however I feel truly humbled and honoured to have received a direct reply from you Sir.
I am very aware Sir of SOU`s downfall under Mr parsnips, I was not one of those idiots investing at 40,50,60,70,80,90 100 pence.. I was/am a buyer and see value there however at 1 penny.
I see value here at current levels , which is why I am investor here.. i see more value in Char at current levels, I am an investor there as well . I do not listen to any ramping idiots on here talking about billions of revenue in next 18 months or so and more gas in place than many middle eastern countries. I see decent odds here of return on my investment at these levels and I think we will prove up some gas but nowhere near levels of the rampers and we will never be operators as we will sell it imo before any production starts.
You really are not proving anything to me sir , other than you feel a constant need to shout out either yourself or via your proxy F&M that you want to be recognised as a grand master in calling drilling success/ failures before results and have a foresight that is second to none , as such majority of people now go off every word you say as factual. I however do not.
Going to leave it here for now as the action all seems to be happening with CHAR atm and is likely to be that way for next few months as far as I can see. I am now parked here in holding pattern until news flow which imo will be not before mid June.
Have a nice day and hope we see a blue friday here .
Guafrette -Newly identified deeper targets on newly reprocessed data offer upside
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Dartois - Deeper reservoir identified on reprocessed data are equivalent to adjacent
prospect, offering strong read-through