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Yes, when I chatted with Shubham last year he was negative on i3E. He does, however, know AB province very well and has subsequently had a change of heart iro our acreage. The bumpy ride will continue until AECO TURNS.
Interesting times . . .
With GW possibly using his Meridian as workhorse I like the thought of him tying in PTAL with AXL across the border. If his ~£11m stake in the previously owned Canacol investment is confirmed a potential PTAL/AXL axis should be borne in mind. MA will be in regular contact with our NEC.
"Gavin Wilson is an Investment Manager for Meridian Group of Companies, a private investment company, which has a significant shareholding in the Company. Mr. Wilson was the Founder and Manager of RAB Energy and RAB Octane, listed investment funds, from 2004 until 2011. From 1992 to 2003, he worked with Canaccord Capital London, an investment banking company, as Head of Oil and Gas, responsible for sales and Corporate Brokering/Finance".
[My point on river works might be out of line: it was based on a dredger visual alongside a semi-loaded barge.]
What a chump! I missed a rare opportunity at midday. And we all knew it was imminent.
. . . looks as though we will have to be satisfied with ~16k - 17k daily shipments for the time being.
I had overlooked the erosion control works and realise now that there is only one supply boom from the eastern jetty. The western pier is confined to goods receipts and other services. Roll on the next stage commencing May 8.
It is thanks to MT on ADVFN that I become aware of LaLuna shale characteristics and composition . . . well worth study if anyone is considering wider investment in AXL. And political weight / leanings have to be reckoned with.
https://www.sciencedirect.com/science/article/abs/pii/S0921818121000096#:~:text=The%20La%20Luna%20Formation%20%28Albian-Coniacian%29%20is%20a%20series,periods%20of%20oceanic%20anoxia%20in%20an%20epicontinental%20sea.
Several papers appear on the subject.
My loss here was small but the link below reinforces abandonment of risky habits and misplaced beliefs in wildcat schemes. Too many AIM companies are now dumping their camp followers.
https://uk.finance.yahoo.com/news/aim-another-firm-bails-listed-061812543.html
Webcast 09/05/24
https://stream.brrmedia.co.uk/broadcast/660bc6a92eae5d4dcf2e6319
Although adding @ 8.98p (reducing average) I could have been more alert to yesterday's news: very few AIM companies, if any, are able to eliminate $25m debt in one swallow. Perhaps this steady SP improvement could run for a few days yet.
Item
a) the document added to the website indicates how far and professional the company has (be)come. I cannot recall any AIM listed outfit with a similar ethos. Having been here since 14p I regret some tinkering along the way
b) the most recent satellite pic of Bretana shows a now very busy quayside with 4 x 20k and 2 x 6k barges alongside
c) I hope James Perez and brethren have finally been muzzled at Iquitos, Requeta and Saramuro
d) Sturm, are you keeping an eye on i3E . . . and am I correct in guessing TXP will get its act together within 6 months ?
Https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos
Record month in prospect or very close to it. Surfeit of bananas for the cage. Have dropped anchor and now digging around the Kabompo Dome and the Great Dyke (the next big movers). Marshall Abbott and Majid Shafiq also progressing. can Paul Baay make some headway ?
Surprisingly excessive kneejerk to reassessed short-term constraints. The pullback may come to an end in quick time as drifting stock is being taken up without fuss.
My only concern had been absence of adequate programming for returning high water cuts to basement, but the matter is being addressed. Initial horizontal plan is to test very modest lengths in highly porous sandstone. A great deal will be learnt from the first result, and those that follow will be suitably redesigned.
Those who have studied literature on the Bakken and Missi will be aware that high pressure w/cs from the Andes watershed are essential.
Hail, Caesar. I pinned many hopes on SHG, knowing Rosterman/Lihranda, Mbeya/Saza, and Singida/Mang'onyi to a lesser extent. Also, recalling junior days wandering Commissioner Street and Chamber of Mines/Chamber of Commerce similar behaviour and treatment would have been quickly exposed. What a heist here.