Member Info for viable

Perhaps today's movement was helped by shift in can$ exchange rate . . . regrettably I only had a few shekels in trading a/c . . . used them however @ 43.84 (not expecting fireworks short term).

Https://www.researchgate.net/publication/312540248_SUB-THRUST_OIL_AND_GAS_POTENTIAL_OF_BLOCK_107_A_POTENTIAL_GIANT_FIELD_COMPLEX_ALONG_THE_PERUVIAN_MOUNTAIN_FRONT

. . . looks very interesting.

Nothing wrong with the "logic". Stick with it. I started buying @ 26p and each divi has gone back into the pot. For commonality I use HME:TSX which appears to be an AB star performer in the province:

https://www.hemisphereenergy.ca/news/thu-01252024-1200-hemisphere-energy-provides-corporate-update-declares-quarterly-dividend-and

https://money.tmx.com/en/quote/HME

Thanks to all contributors for continuing observations.

MT on ADVFN, by using PTAL as a marker, enunciates my own grounds for taking up a fair amount of stock. Although Llanos characteristics are different to the Vivian sands with more than one payzone the potential outlined by MA is justified. When horizontals come into the frame production could be more than doubled.

Some of Dana Coffield's(deceased) 2013 GTE comments have been revisited. He proved to be right on #95 even if the process took longer than forecast. It is also noted that a reinjection well preceded the exploratory well which was significant if an anticipated high water cut is present. High psi values together with w/c are a bonus for well longevity

re: Mateguafa Oeste & Capullo - One would have thought AXL has more than enough to be going on with at present. Am still digging around for Colombian geology reports but also use previous knowledge on AMER's Platanillo field..

Caution: Just want to mention that I once saw the odd seep outside Mbeya without recognising what they were . . . whereas the stunning find in Odendaalsrus/Welkom district was found to everyone's astonishment.

https://www.ntu.edu.sg/cas/news-events/news/details/gas-prospectors-strike-windfall-after-they-find-the-largest-helium-reserve-in-south-africa

. . . the distinction being the OFS He resource was totally sealed whereas Tanz might have been leaking gas for eons.

I reluctantly steer clear of HE1 despite e.g. Mama Samia's enthusiastic statements.

@ 16:38 - Hear, hear bwana (unhappily it's a lamb to the slaughter but I wanted to avoid adding to the gloom). £ms ploughed in and all proceeds from Kenya assets will be raked buckshee in by the Patel clan.

. . . and Ramula with its near-surface mineralisation was well on the way to a PFS. An absolute disgrace, courtesy of our esteemed(sic) BoD. Uhuru, be damned.

Yeah, he seems to have gone AWOL and/or is staying concealed.

At least three updates on Ramula, New Luika and Singida have apparently been avoided. The AIM surveillance panel is either nonexistent or asleep at the wheel.

Eric and cronies, having trousered vast sums, have done a runner on retail shareholders. Self-preservation has become paramount. All the fine words counted for nought.

. . . it answers many questions, including length of first lateral. Have added again.

https://arrowexploration.ca/wp-content/uploads/2024/02/Arrow-Exploration-February-2024-Corporate-Presentation.pdf

I have committed to i3E having started @ 26c. Each divi has been ploughed back reflecting a satisfactory return. Have. of course, been mystified by SP weakness but expect some recovery during 2024.

Like GGG a reasonable outcome from SHG will free up surplus funds to an already established p/f. I do not intend to vary it further although when looking around Alberta last night my attention settled on HME:TSX. Others might like to run an eye over it:

https://money.tmx.com/en/quote/HME

https://www.hemisphereenergy.ca/news/thu-01252024-1200-hemisphere-energy-provides-corporate-update-declares-quarterly-dividend-and

Owing to LSE fragility I currently take a safety first attitude to investment with a preference on securing returns from emerging companies.

. . . on today's unwarranted tripe has Eric been bypassed/sidelined? The stench from the Patels gets worse.

(Not ONP/ meant barge movements)

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

Looking ahead to SE leads I was hunting for the OBA Youtube example on how the Platanillo field was handled as a Ucayali tributary has to be crossed at some stage. It is a 1 km under river link:

https://www.gem.wiki/Amerisur_Binational_Pipeline

Have added for the third time this month with an equal sum in a stepover to AXL (Llanos basin). Had considered TXP but Baay has not delivered in past two years. Criticism welcomed.

ONP doing okay.

Have taken up a second wedge of AXL although knowledge of Llanos ops is sketchy. However, the bigger players are confidently going forward with 100k numbers . . ..

Looking for more detail on the proposed length of upcoming horizontals and perforations planned for each. Successful results from each will multiply bopds by some margin.

Following my 18:20 post an addendum: Will only commit 60% to a 'no' vote after being in SHG for many years. It is done with regret as I have strong connections with Mbeya and Kakamega/Rosterman (as it was) but have to act pragmatically. INTEGRITY is a primary requirement in business, sadly missing today. There is no need to rake over SHG history, but Eric et al let us down.

I have therefore been transferring a fair whack over to PTAL which announced another 2c divi today. Manolo has stuck to his guns throughout and Eric should take note, particularly when it comes to a viable operation.

"Quite shocking we haven't received the drilling results from last year".

Deliberate omission as I see it. There is (or was) great deal going on in all three camps. In all probability revised estimates on LOMs and increased resources could bury the 13.65p proposal forever.

Perhaps my only queries are: can assays and drilling instructions to Capital and Ostrich be stalled eliminating necessity to report progress ?

Past speculation on the bb has been thorough but there is always the unexpected to confound. JSE has been the most recent example.

. . .

Https://uk.finance.yahoo.com/news/petrotal-insider-increased-holding-43-150004260.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAACM-dnCV0p0hKBmlXah5UWHSSu9qjsaBcCNra5PpLMUTvgWiDiR_H2UaeyCCyRCqPM32OeMnAyCa_Xj1iT-TaIZX1JMaG2jYZPs6-SCifsb6FuFfGf1Qg3WYbVZSRPzqklMMkwS-MlkUvjXo3Nnaqk6klv_Rx_vD3QtRPKbPF7Lm

https://www.askaralshinbayev.com/

Several entries appear on Askar Alshinbayev. Notably 20.7% of insider holdings are privately held. Meridian owns

@ 09:03 - Sentiments echoed. Limited knowledge here although I do know a bit about GreatDyke. THS's products are globally essential but recovery is some time off. Vasbyt.

An excellent 1h42min which answered many unknowns: the first notable point is that early wells still produce ~400 bpd owing to the immense reservoir pressures. They don't seem to have any problem returning a 99% water cut to basement.