Member Info for Tincan1995

I agree , Trinidad maybe small at the mo , but will grow over time , so I feel it maybe a diversion trick away from the possibility of huge Morocco news ?? Gl investors.

Ps , lots of advice from the Green Party tonight 😂😂

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Morocco's National Office of Hydrocarbons and Mines (ONHYM) is actively promoting investment in the Guercif basin, where promising hydrocarbon exploration results have been reported, particularly by Predator Oil & Gas. The area is seen as having significant geological potential, with ongoing efforts to attract independent explorers and develop its energy resources.

myjoyonline.com ecofinagency.com

Overview of ONHYM's Investment in the Guercif Basin

Morocco's National Office of Hydrocarbons and Mines (ONHYM) is focused on promoting investment in the Guercif basin, which has shown promising results in hydrocarbon exploration. This initiative aims to attract independent explorers and enhance the country's energy resources.

Key Developments in the Guercif Basin

Exploration and Findings

Predator Oil & Gas has reported significant findings in the Guercif area, confirming the presence of high-quality limestone and dune sand, indicating potential hydrocarbon reserves.

The discovery of helium in the region has opened new investment opportunities, enhancing the basin's attractiveness for energy exploration.

Strategic Importance

The Guercif basin is considered to have substantial geological potential, which is crucial for Morocco's energy strategy.

ONHYM is actively working to facilitate investments and partnerships to develop these resources further.

Future Prospects

Investment Opportunities

ONHYM's efforts are aimed at creating a favorable environment for both local and international investors.

The ongoing exploration activities and positive geological assessments are expected to lead to increased interest and investment in the Guercif basin.

Conclusion

The Guercif basin represents a significant opportunity for Morocco's energy sector, with ONHYM playing a pivotal role in promoting and facilitating investment in this promising area.

myjoyonline.com

Atalayar

50p this year , is this a ramp or de-ramp ??? Must say, if this doesn’t go on the upward trajectory, this is a bl oody good stitch up !!!

Ps , PG will bring home the goodies,imho

Rustyrat1970, that sounds a really good round up & I also think from 4pm onwards it’s will be in or out for the weekend time ….. hopefully doors off next week 🚀(Tuesday 7 am 😳👍😂😂)

Lot of sick people here today, as I have a lot of green on the screen 😳😂😂 . I hope we get an RNS soon , so it helps with the germs . Gl investors

Whatever the reply , it’s in my , not allowed box 😂😂 so jog on & im very happy with my holding… may top up tomorrow 👍

Https://oilprice.com/Energy/Energy-General/Chipmakers-Scramble-as-Helium-Crunch-Threatens-AI-Expansion.html

First Investment Initiatives

While specific details about the first investments following the transformation have not been disclosed, the new structure is expected to facilitate:

Creation of Subsidiaries: ONHYM will have the ability to create subsidiaries and partner with private companies.

Exploration Activities: The company can conduct exploration activities based on mining authorizations.

Investment in Infrastructure: ONHYM is likely to engage in significant projects, including those related to gas transport and storage.

This transformation is part of a broader public sector overhaul aimed at modernizing state institutions and enhancing their strategic efficiency.

ADNOC and ONHYM Collaboration

ADNOC, the Abu Dhabi National Oil Company, and ONHYM, Morocco's National Office of Hydrocarbons and Mines, are both adapting to the evolving global energy landscape. Their collaboration is part of a broader strategy to enhance energy security and operational efficiency.

ADNOC's Focus

Sustainability: ADNOC is committed to cleaner energy and sustainability, aiming to reduce emissions while meeting global energy demands.

Investment: The company is investing in future gas production and has secured significant financing to support its projects.

ONHYM's Restructuring

Operational Capacity: ONHYM is being restructured into a joint-stock company to improve decision-making and financial strength.

Energy Security: This reform aims to enhance Morocco's energy autonomy and resilience against external shocks, particularly in light of recent global energy pressures.

Shared Goals

Both ADNOC and ONHYM are focused on:

Strengthening Energy Roles: They are enhancing their positions in the energy sector to better respond to market challenges.

Collaborative Efforts: By working together, they aim to leverage their strengths for mutual benefit in energy development and sustainability initiatives.

This partnership reflects a strategic alignment in addressing the complexities of the current energy market.

Oldslow65, so one way or the other , it’s pay up time hopefully 👍😋

AGD62, yep , think your correct, but may not want to pay Paul’s price , so then I presume it’s pay up or the next will take it , but that’s imho , but someone may have a better option!

Maybe Paul gave the interview, as he has had some more interest recently for the Morocco assets , along with the present , so putting pressure on for a deal or the next starts a deal !!!

F&M , are you GRH or do you just have a direct line?? Whichever it is , could we have his thoughts on what will happen to the helium & what quantities is expected, thanks

Our barrels are valued at west Texas prices , not sure what kind , but in the 90 /. 100 dollar range , I’ll continue watching 👍

Never used stop loss for that reason, as the clowns can drop it significantly , so the agenda fits 👍

242884 @ 3.19 is mine , so yes lots going on , bring on the news PG 👍

What time is the RNS more likely 7am or another, as I’m thinking the latter??

AV , go away & do us a favour & feed the people who can’t make money, due to lazy behaviour, spending money on cr ap & other non nacesities 👍

Donalb, great song 👍