Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
From the Enquest board, posted by Pelle earlier tonight:
TEXAS REGULATOR SITTON SAYS :
Just had a great conversation with Russia"s @novakav1. While we normally compete, we agreed that #COVID19 requires unprecedented level of int"l cooperation. Discussed 10mbpd out of global supply. Look forward to speaking with Saudi Prince Abdulaziz bin Salman soon.
https://twitter.com/RyanSitton/status/1245776007589769219?s=19
And if that sale gets confirmed and which no doubt is connected to the renewal of the RBLfacility, then Moody's can release their , hopefully upward, revised rating which is also due these days ("end of March" they said)
Busy, busy, busy... and only 12p abouts.
Risky (just read Moody's last rating), but at this price it is a buy to risk tolerant sophisticated punters ;-)
Even nicer would be a RNS on something quite similar:
The sale of the 21,5% (outof 33%) interest in the Uganda assets which Total (and Uganda) requires to proceed to FID in April (sort of last chance saloon to make the government's and Total's 2023 production objective.)
ANY DAY NOW
It won't run out.
And what utter nonsense: 'The likes of tullow Premier and Enquest will be obliterated to low single digits as they will have no buyers and will have to shut in production!!'
DON'T THEY HAVE CONTRACTS, OBLIGATIONS TO DELIVER? NO?
REALLY? TULLOW ROAM THE STREETS EVERYDAY ANEW HOPING TO SPOT A BUYER?
Then Total must like the Jubilee play too.
"In September 2010, Tullow announced that it had signed a Production Sharing Contract with Staatsolie in relation to Block 47, a 2,369 sq km deepwater exploration licence where there is the potential to extend the Jubilee play from West Africa across the Atlantic to Suriname, where it has done so in French Guiana."
That's our Total. They must like us even more now.
https://uk.reuters.com/article/total-apache/oil-firms-apache-and-total-make-second-major-oil-discovery-offshore-suriname-idUKL4N2BQ383?rpc=401&