Member Info for viable

@ 16:06 - It looks to be Danish to me. Pity it's not Dutch which is within my ambit.
The gist, however, relates to 4 new wells to be drilled by May 2022.
The other bit is about Station 5. Nothing new on it.

Slightly wrong footed at present. Miscalculations have meant inability to manoeuvre holdings although the Aviva fund is still performing nicely.

https://news.mongabay.com/2020/10/peruvian-indigenous-groups-thwart-oil-drilling-in-their-territory-for-now/

Light oil project unlikely after reading Mongabay.
Worth a read anyway.
The function of a 1970s pipeline remains a worry.
It becomes difficult to see how the Talara refinery can be full utilised.

https://www.mcezone.com/petroperu-assumes-100-of-the-operation-of-block-64-news/

Haven't checked location of #64 but tripped over the report last week.
Now wondering if a partnership is possible with PTAL as the company is making waves.

https://www.mcezone.com/lot-64-petroperu-will-seek-a-partner-so-as-not-to-affect-its-cash-flow-news/

A final point from last night on barges: Saramuro must be heavily backed up with loaded barges on the Maranon. Last year ONP had a fleet of 20 x 20k with two more(?) on the way. Novum presumably continue their Manaus service for PTAL, and Iquitos is at full capacity.

https://www.petroperu.com.pe/english/new-barge--rio-saramuro--will-transport-fuel-through-the-amazon

Our only relief valve is an update from Manolo. Hopefully oilfield villagers are not giving him any more grief. We know (or understand) a good number of them want the local prosecutor to act against a minority.

RocketShip - No free time today. Among others, check out kingsonheights and BurggrabenH plus and hashtags as both can occasionally come up with the odd morsel.

https://www.petroperu.com.pe/english/press-room/news-and-announcements

So there's the detail for anyone wanting to do the math.

". . .oil transportation service by the ONP is paralyzed, generating a loss of around 3 million dollars. Likewise, we have in Station 1, more than 400 thousand barrels of crude in the storage tanks, waiting to be transported and 130 thousand barrels of crude, immobilized in floating barges in the Marañón river; a high-risk situation from the point of view of the safety of neighboring towns, facilities and the environment." . . .

What's the next marketing plan adjustment?
[Remove the peons onsite before one of them lights a fag or decides to have a barbecue.]

https://twitter.com/BurggrabenH/status/1448231162204336132/photo/1

Time permitting, I would like to research our well pad much more over the weekend.
My impression is the new well is likely to be the biggest bonanza thus far.
Am I correct in saying the new horizontal is an extension of the existing 5H?

With luck a better analyst could offer a more professional assessment on the Vivian, the 2022 well programme and the WDs dotting the diagram. Slightly uneasy that I have been devoting too much attention to JSE. Mind you, Manolo's assurances on rabid troublemakers being of short duration have't exactly borne fruit as the demo is into its fifth week.

Moot point: Are Saramuro tanks now brimful?

. . . squeezed all day. Hopefully the last of it unless another broker is being accommodated at N/T.
£181.656k suggests it could be if the £115.168k UT was the conduit.

Anyone having access to L2 might be able to assess if .84 to .90 is the next level that remains.
Better minds required.
I would like to think it is in order to get back to .94.

81.75p. Gotcha. Didn't last long at all. Quickly back to 82.5p.
It might well have been the bottom. (Perhaps not.)
Bid edging up.
Give us some good news, Paul.
I note you are casting your net for more staff in Indonesia and Malaysia.

The 200k @ 10:41 indicates another chunk taken out of circulation by an insti/fund.

Currently 82.45p to buy

Unexpected, yes, but a similar pattern took hold during the last 10 days in March . . . a slide from 79p to 58p. The 1-year chart on -
https://www.londonstockexchange.com/stock/JSE/jadestone-energy-plc/company-page
illustrates repetition although present circumstances differ. Am still geared, however, for another purchase. I think my last check at the bell yesterday was 82.9p. Also noted a few other oilies are following a similar trend. (Brent rising by $1.40 this morning.)

Valaris seems to still be anchored suggesting the workovers are yet to be completed. https://www.marinetraffic.com/en/ais/details/ships/shipid:753567/mmsi:636012638/imo:8768672/vessel:VALARIS_107

Would like to think drift is mostly retail investor loss of focus.

https://diariolaregion.com/web/abrieron-investigacion-contra-alcalde-de-bretana-y-regidores/

and

https://diariolaregion.com/web/lideres-indigenas-niegan-que-exista-amenaza-de-incendiar-la-estacion-5/

More barges, please.

"the approval of a Repurchase Agreement as part of a tender offer for up to 40,096,476 Ordinary Shares at 42.0 pence per share"

Nope. The way I read it (but shall check again) is the tender offer is restricted to the above number. Anything beyond it goes into the delisting package. Any shareholder thereafter wanting to offload shares will have to negotiate with, say, Crest or a.n.other. All very cosy, not.

@ 18:11 - 'fraid you're right. I was absent this afternoon and deserve to take a hit tomorrow. A great pity all round but we know what these charlatans are like . . . Eclairs' case history says it all and many of us still went ahead.

After this signal lesson very few will ever again support a Ukrainian venture. Very short-sighted by the so-called board who have timed their ploy to perfection. I'd say the step has been executed at a moment when the minutiae coalesced. Totally opportunistic but also dishonest.

https://diariolaregion.com/web/petroperu-advierte-amenazas-de-incendiar-instalaciones-petroleras/

. . . damn' nuisance. Looks as though a spot of gunboat diplomacy is required after all. How can all the miles of pipeline be defended, too?

A stronger security presence probably required at Bretana. And the hunt will be well underway to increase product shipment to Iquitos and Manaus. The former's capacity remains limited. The (full) tanks at Saramuro will need extra armed protection.

And thanks for your updates on the other forum.

I noted you a few more shillings appearing in the account this morning.
Automatically reinvested and useful.
The GoldTree deposits, too, look useful.

Quite a lot to examine: a) the new ex-Barrick man; b) a new native analyst; c) NCP International (perhaps Osborn in Germiston is undertaking new ball mill manufacture); d) Metso Group design.

https://twitter.com/shanta_gold/status/1455454439276437504/photo/1
I see the rig is busy drilling in a mielie field.

WK lies in wait and Eric's line seems to indicate, all being well, that much of the further exploration costs will come out of a cash pile. Excellent but insufficient to develop a major operation around Bushi/Isulu, one would think.

Although hesitant have added once more. Nothing, of course, is a foregone conclusion but near-term JKX prospects must be better than average.

https://diariolaregion.com/web/presuntos-indigenas-de-comunidades-nativas-protestan-en-el-frontis-de-la-empresa-petrotal/

The above has always been a useful link.
Loreto province objections are reaching a critical stage.
Clearly a well-trained security force now patrols the well site/surrounds.
Talara refinery and ONP are unlikely to be held to ransom.
So what is to be done? Gunboat diplomacy?

84.6p - Edging downward. Another check later this afternoon. Brent again nudging $85.