Member Info for Tincan1995

Thanks Mogger , nice to see the ss Great Britain behind the presenter & now back berthed in Bristol .

Https://www.gbnews.com/news/falkland-islands-oil-field-economic-boost-navitas-petroleum

Https://www.gbnews.com/news/falkland-islands-oil-field-economic-boost-navitas-petroleum

Https://en.mercopress.com/2024/06/27/falklands-mlas-in-us-and-canada-including-moving-the-dial-at-c24-on-self-determination

Https://www.telegraph.co.uk/business/2024/06/30/falkland-islands-oil-field-exploit-navitas-uk/

Won’t surprise me if our new friends start buying shares at this price & then go for full takeover

Borders & Southern (AIM: BOR), a London based independent oil and gas exploration company, announces that at the Annual General Meeting held today all resolutions were passed. A presentation will shortly be made available on the Company's website.

Adam , please don’t go as low as your last post , some people who are in real need go & get help from the Salvation Army ,inc some very nice people who fall out the system

Lots going on here today

Come on , someone is playing with us , a mil at 2.5 p , soon we must be doing 3 p surely

Ltt, maybe a buyout, but I’m happy that our large shareholders will make them pay well or raise cash & do a diy job

I wonder what percentage we would offer for a farmin , maybe finance it ourselves or a complete takeover , interesting times here soon & especially with the north moving forward asap

Done some dummy sells & I see the buy price has been moving up . I was offered 2.51 this morning, so maybe a move up , possible

I wonder if John agrees with Brian’s 31 tcf , hopefully he does !

Did I hear Graham say workovers had started? Hope skb & last m5 this hopefully pushes up the sp & we will have two rigs going

Valeura Energy Strategic Acquisitions and Successful Exploration Boosting Shares and Reserves

Jacob Brown

April 19, 2024

Interesting, will have enough free cash to cover every share by the end of 2025 … was on Directors talk , chatting with the co founder

I think only one way todo this & that’s luck with the drill bit first , but I think then sound will be bought out imho

23 wells

Phased drilling

18 wells in phase 1 with 11 of them pre first oil

Five additional wells in phase 2, approximately 42 months post first oil

Total barrels developed: 269 million

Plateau production rate: 80,000 bbls/d

Peak rate: 100,000 bbls/d

Total capex: US$2.2bn

Phase 1 capex: US$1.8bn

Pre first oil capex: US$1.3bn

So if 11 well pre first oil the rig must be warmed up soon , as wasn’t first oil in 2026 for navitas ? Hopefully we can get going in the same way

Adam , Toddlers grow , I can assure you .fingers crossed

I’m ok , my mother sold the grand piano years ago for £100 pounds in 1976 , so ok with my shares , just need a life jacket.