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And Shell and others that departed frustrated , thought that in the past, until they give that first ever YES to something other than their own on Island Industry, its up in the air, time Horta used his eloquence to WAKE the sector up, with a speech backing Sundagas plans.

Denied others plans for Darwin and FLNG, time to break the mould, with a verbal/signing backing of Chuditch via FPSO, a side order of offtake for Metinaro Gas/LNG Imports domestic security plan, would go down a treat also. 😉

AB and his Sundagas the key, they built the TL industry and continue to do so, since 2016 , long before Baron joined the party Jan 2020, if anyone is going to get their support for something else, its AB and his team. GLALTH

Until proposal submitted and accepted, like others we wait with uncertainty, in JV talks since 2021, that backing the key to someone finally jumping off the fence and signing a JV or buying Sundagas of us, it hold the license not Boil.

Hopefully Sunrise will be resolved soon and all will become clear, as Gusmao stated in parliament years ago, even making it a decree LAW , its ours , all to the Island, if Beaco to be built, we have all we need, a path to market, JV then certain, our plan could bring them revenues 5 years earlier, remains their choice, get the ball rolling this year, or the

20 years of wait for Beaco (last tenders by 2030) remains in play.

Still believe we will get the nod and supply deal for Metinaro, what else do they have to fill the void, until 2030/later.🤔

Copy and paste the link into search bar, it works, lse greyed it.

while addressing the opening ceremony of first national level oil, gas, mineral sector career expo minister for energy muhammad ali

the two-day 'fuelling futures career expo 2024, organised by the ministry of energy and ****stan petroleum limited

(ppl), drew about 5,000 students from across ****stan, as well as representatives from 14 energy and mineral companies and 30 universities and schools.

://twitter.com/official_petdiv/status/1752960431285792873?ref_src=twsrc%5egoogle%7ctwcamp%5eserp%7ctwgr%5etweet

****stan sector still looking to grow, so still hope for hapless naheed to get one over the line.

Those codes died years ago , with new tech........the 900 911 600 and mass proliferation of 1 the past couple of years , can these days be traced back to Richard Heads on fee free sites.🙄

Pair of such clowns on vela caught, started with 1's then 911's added 900 911 then 1 900 911's by the time caught , running strings of 1 2 3 4 5 911 5 4 3 2 1

Just a reminder of how much our Chuditch could be worth to a big boy in a sale, in 2022 Corallian now 49.99% owned by RBD (shares for cash to pay for drills) , Shell no interest in the multiple oil assets held by Corallian, took them out, with deliriously happy BOD cashing in their ownership, as still skint and in danger of being taken out even cheaper by further RBD funding. The rest of the all oil portfolio was passed on/thrown away to RBD for a mere £250k.

So effectively Shell paid £32m for Victory and binned the rest, on the 17th of this month, they announced, Victory being progress and will churn out 25,000 bopd/E , Victory sold as a 179 bcf asset

That was a squeezed deal from a long distressed company, so price relative to others a bargain. Now apply those bargan rates to Chuditch 1.3 tcf (1300bcf) CH-1 area, Boil/SG development limited 800 sq km area 3.5tcf (3500bcf) , Shells 90's over 5 tcf (5000bcf) with major upside

3500/ 179 = 19.55 x £32m = £656m

That Boil/SG catch up case 3.5 tcf and upside, 3.29p ps with current share base..........

As posted ceo said, in the bod opinion, depending on various operational factors value Chuditch at 1.7p to 3.7p ps to the company, that was when holding 75% , dilute that and its still comes out 1 - 3p ps, so you can see, he's praying for a right price and not delusional 😂🤣😂

Victory is in Block 207/1a, 80 km northwest of the Shetland Isles, and 17 km from a tie-in location to the closest pipeline infrastructure (serving the TotalEnergies-operated Greater Laggan Area).Studies to date have focused on a subsea tieback gas development in 158 m water depth, with a Competent Persons Report from RPS Energy estimating a 2C technically recoverable resource of 179 Bcf dry gas.

Mooching, fms, not just a jcb, he bought 10 whole sets , him and his billy no mates, off to play with them at Gold Ridge this weekend, expecting a major update Monday 😂

https://www.amazon.co.uk/Diecast-Metal-Engineering-Vehicles-Construction/dp/B07S62GJCY/ref=asc_df_B07S62GJCY/?tag=googshopuk-21&linkCode=df0&hvadid=310775513019&hvpos=&hvnetw=g&hvrand=8633110894505501341&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1006864&hvtargid=pla-790542684644&mcid=e61c7371d7fa390dbcae36dbaeccc918&th=1

Yep Brighty, its been the plan all along to move Chuditch on and cash in, so that will be music to bedroom broadcaster Andy and his hopes for a full sale at the right price 😉

Amen to that filthy, just that last elusive piece and as said for years, its not a few bagger, its a mega bagger. After the deal still hold 60% of what shell mapped much bigger, the industry will know that, even if we end up with no outright sale and farm out to hold 25% drill then sell, its still 25% of a discovery area with 500-600 mbo/e at Boil/SG lesser search area up to 3.5 tcf with a lot of wider license upside.

ceo bedroom broadcaster Andy, in the presentation, subject to various operational factors, the bod see Chuditch worth 1.7p - 3.7p per share value, add a smidge for Dunrobin (200mbo / 66m to Boil) and with progress, the pence beckon.

Like all minnows, waiting on others, that GREEN LIGHT, yes you can FPSO , or other refinery is now to be built and we explode, make my recent jaunt with HE1 look like a snail 🤞, huge holding here built over many years (a big freebie) compared to the jump in punt at 0.29 to 2p on it, now on a free ride awaiting its results.

Chuditch reminds me of RKH in the Falklands, lots of previous players, could Sealion be the one, 5p became 25p became a 500mbo discovery became a mental crazy market to £5.72p, both knowing or thinking a huge reservoir in place, Sealion yet to be drilled, Chuditch already has been by a Super Major, we know its there, we know its big, they thought on dev even bigger.........Sale or JV drill and sell Sundagas, either, will transform Baron.

War chest for new portfolio and a dividend to long suffering holders, Investment co , not an oiler, chance of divi high.

GLALTH..........

cut off again ??????

not a 1 in sight but we got a late friday afternoon rns, as said made to fit utter made to fit *******s in every case.

Try icon , 35 in a week , including 10 on Thursday afternoon no rns, the following week not a 1

1 is just a coincidental made to fit piece of nonsense before tech killed them all this was the real codes, dead for years, only coming out of fee free sites by richard heads playing, note the lack of a 1, although many believed 1 to 5 on the list where also valid abbreviations e.g. 1 = 100 i need shares

https://www.pennystockdream.com/market-maker-signals

as said the valid ones died years ago...........

try ctea a while back week in week out for over 3 months 1 galore , an rns finally turned up 3 months later, stuck in the machine was it, 1000's of other examples available , likewise speak to a nomad, the we had one last thursday also *******s, only 2 immediate release and embargoed, if embargoed (delayed) it will state at the top of the rns and text as to why ! 🙄

Forgot to toggle the button oooooooops

Not really sanderscam can use a common confetti consolidation factor of 100 or 1000 and now 1.1p or 11p to then fleece more on another death spiral with scum YA/RGO as they have done for years.

Also look forward to what novel plan they have for crossing the 2800-3500 deep Timor Trench, Conoco came up with a suspended below shipping pipeline , held to the seabed by cables and huge concrete blocks, trench seismic and was expected to move around 4m over Bayu life cycle.

Conoco ended up building the pipe to Darwin themselves after its shareholders voted against the to the Island plan, that one being a gas refinery co located near the Bettano Oil refinery (also pretty idle since offshore Kitan drained)

Conoco engineers and study partners, said in the 90's to the Island was very feasible and can be done but would be much more expensive than going to Darwin (flat shallow waters) , Shareholders voted against, not happy with the risk of crossing the trench (aftercare costs diving teams wires/blocks) and if it failed , their funding element of the refinery also up in smoke.

Sunrise consortium same issue , risk crossing the trench/uneconomical refinery, more modern materials and modular refinery units now available, Woodside massive U turn a year ago, after years of not interested in going to the Island, said they would take another look, recently those studies commenced and results expected by Q2.

They also stated this time a decision will be made, the studies bias being done for TL production but not certain, wonder if that statement still stands , if yet again Woodside baulk on costs and still vote Darwin. 🤔

So here we sit, waiting for the politicians, players , funders and joint decision, so all can move forward , with uncertainty of production path REMOVED.

Ideal scenario for us, uncertainty removed, Shell come to claim their ball back, for the right price obvs. 😉

Bizarre cut off

Middle East , Qatar , Dubai or the China BRI, have that sort of petty cash laid around

Just need someone to pay for it, he and his country can not, last read still looking for $12-$18 Billion for the project, not many other than M

Problem for Traders is nothing has really changed, they will regret it ,if not holding when that long awaited GREEN LIGHT finally appears, fully expect, when that news lands, the gapping up will be jaw dropping, seen it on others, expect it here.

2021 Sunrise valued pre gas boom $65-$75 BILLION over its production life, Shell full license data, suspect Chuditch will be bigger on development (that's what the big boys will be aware of)

If that final piece lands, then you will see what Chuditch is worth to a long term developer, the recent visit by the two Andy's to the London TL Embassy, the Ambassador quoting in the press, Chuditch worth $40 Billion, that is based on the lesser snail paced limited area catch up Boil has done v the bigger historic Shell mapping and seismic 3,600 sq km v 800 sq km

Virtually all in place, just need an honest statement from TL, finally backing Sundagas plans, not their own........GLALTH.

For newbies, its a long story and some nepotism as to how our minnow came to be holding a Super Majors Asset in TL Waters BUT just to give an idea of the scale of that asset (why we need others/or a sale)

Sunrise was originally 3 Majors plus Japan city gas, Shell involved with both , Chuditch it's own, Boil have only played with part of the license, Shell played with the entire near 3,600 sq km of it and estimated, on development it was with many other leads on the wider license, probably on development BIGGER than Sunrise.

It gave Chuditch 5+ TCF , Chuditch , Bilby, Wombat (animals oz license att) with many other leads thought to be either oil or large condensate reservoirs , like Troubadour co located next to Sunrise (Together Greater Sunrise) , one of those leads we caught part of on the 3d 2012/13 seismic re run recently and called Quokka

So its a massive license with a lot of upside, not just the bit played with by Boil around 800 sq km, as said Sunrise 5 tcf was 3 majors, above makes Chuditch to a developer at current standings a MEGA bargain.

Value, Woodside have its 34% of Sunrise on its books at $0.00 since 2018, marked down y-o-y from Hundreds of millions, we still hold 60% of Chuditch , at conference 2021 Sunrise pre gas price boom, valued at $65-$70 Billion over a production life cycle.

So if all falls into place, this is the size and scope of a FFD by someone else, it will never be Boil, not an oiler, an investor in early stage assets, with ZERO interest in production, as Ceo Andy says , for sale at the right price

Everything crossed Doug, did hear last week (unconfirmed) the Met FEED has been completed, FID by q4 2023, so its overdue, perhaps Horta/Gusmao on return will announce movement in both Island projects, all good for us.

All we need is a few positive , non contradicted words from both sides, that in itself , will be progress.

A stable Electricity supply will get him re-elected 😅

Doug found a nice Ministry of Planning and Infrastructure projected budget plans, about 18 months ago, that Ministry alone had a projected budget 2025-2027 of more than the entire Islands annual budget and one year double that for this year 1.6 billion, those 2 and 3 billion budgets, to early for yet to be decided on Beaco.

The only assumption we could make att, was those massive P&I projected budgets was catering for Metinaro and the Domestic supply plan, with it then being announced Feb? 2023 , that FID was to be Q4 2023, overdue, so remain very optimistic, the bread crumbs and dots, look good for Chuditch being part of that plan.

Chuditch drill 2024, 2025-26 Metinaro built and 3 power stations converted - Domestic supply+90 days- from ???

What else do they have, other than more expensive imports, which defeats the object, in Parliament, stated conversion from Diesel to gas expected to save over $2m per annum. With also the removal of current instable supply and expensive fuel supply issues.