Member Info for VernetLes

Will to deliver a big Q1 for me

Ire government;

Should get some clarity on department appointments and energy policy this week.

Probability is the farminee will be Vermilion +/- Nephin.

What %, post free - carry plus back costs can we expect?

Energy into Entreprise dept. Interesting positive

Hmm...not too shabby

Ireland first then Equatorial Guinea Q1

Happier new year 25

IW npv10 c.$2.3b

1.5tcf prospective resources at Inishkea West is worth chasing for Vermilion and Nephin. Retain 50% with £2.8m in back costs. If the drill comes in then value to us must be north of £100m.

With Bo Kroll inside imv a low ball takeout evaporated

Vermilion will commit in Q1 . Licence through to end Jan 26.

@itsawrap

Eog have said Wressle development is via debt

Ceo has ruled it out

The early 500k likely a mark to mark print to encourage market activity but everyone is waiting for the big news with long positions.

Imv, dyor

Q1 is delivery time

Highly interesting note from PRD rns today:

"Agreed farmout strategy in the event of an award of the Corrib South successor authorisation and potential to spin out Predator Oil and Gas Ventures Limited and list in Dublin"

New Ire government likely to be formed with independent group support in early January.

Back costs 4/19 c.£2.8m

Retain 50% licence equity on single well IW farm out drill commitment late 25 possible

Current mcap £9m

Dyor

Strange timing, massive Q1 ahead

Ire 4/19 farmout likely now

Thanks bobby

Vermilion bid us or risk losing Ireland ?

Good move to listen to shareholders and bring Bo Kroll onto the board. Shareholder value top of the priority list now.

Nothing in SP for Ireland. All upside on positive path to 4/19 farmout. Watch for Prd 16/20 succession licence grant first up imv

Back costs on 4/19 a welcome addition to balance sheet

Carry on bashing sentiment in your own investment if you want.