Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Back positive at the mo.
ATB
13 .798 million barrels v predicted v 0.816 forecast
Oil still positive at the mo .
Yanks pumping like no tomorrow, unless manipulating the figs, maybe just me being cynical .
ATB
$ 23 million in the bank lovely jubbly
Genel Energy PLC: Receipt of payments for KRI oil sales
10/03/2021 7:00am
UK Regulatory (RNS & others)
Genel Energy PLC (GENL)
Genel Energy PLC: Receipt of payments for KRI oil sales
10-March-2021 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
=----------------------------------------------------------------------------------------------------------------------
10 March 2021
Genel Energy plc
Receipt of payments for KRI oil sales
Genel Energy plc ('Genel' or 'the Company') announces that payments have been received from the Kurdistan Regional
Government for oil sales during January 2021.
Genel's share of those payments is as follows:
(all figures USD million) Payment
Tawke 10.9
Tawke override 6.5
Taq Taq 2.6
Sarta 1.5
Receivable recovery 2.4
Total 23.9
Under the Tawke override payment mechanism, Genel receives 4.5% of monthly Tawke gross field revenues.
The receivable recovery payment relates to unpaid invoices from 2019 and 2020. For each cent above a monthly dated Brent average of USD50/bbl, 0.5 cent per paying interest barrel produced will be paid towards monies owed.
Not included in the table is a receipt of USD2.4 million (Genel share) relating to December sales, which was received in February and consequently not included in our reported January receipts.
-ends-
Genel Energy PLC: Sarta-2 well enters production
08/03/2021 7:00am
UK Regulatory (RNS & others)
Genel Energy PLC (GENL)
Genel Energy PLC: Sarta-2 well enters production
08-March-2021 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
=----------------------------------------------------------------------------------------------------------------------
8 March 2021
Genel Energy plc
Sarta-2 well enters production
Genel Energy plc ('Genel' or 'the Company') is pleased to announce that the Sarta-2 well has entered production at the
Sarta field (Genel 30% working interest), with gross field production now in excess of 10,000 bopd. Genel expects this
figure to increase from the existing two producing wells, as optimisation of facilities configuration continues post
production start-up.
The high-impact 2021 appraisal drilling campaign is on track to begin at the start of Q2, with the Sarta-5 and Sarta-6
wells set to be drilled back to back.
Bigma9i
It’s to do with Spread bet and contract for difference accounts, Lek is on the list, IG are increasing their margins to 100%, so I assume they are expecting very volatile trading, in the coming days,weeks or they think LEK is in fear of of going to the wall, just covering their Short positions IMHO
ATB
Sorry not centrica, here’s the full list.
• 7 Digital Group Plc
• 10X Capital Venture Acquisition Corporation
• Ajax I (Ord)
• ArcLight Clean Transition Corporation
• Atlas Mara Ltd
• Brandshield Systems PLC
• Centamin PLC
• Datalex PLC (Euronext Dublin)
• Decarbonization Plus Acquisition Corporation
• Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 3X Sh AE
• Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Sh AE
• Direxion Daily Technology Bull 3x
• Falcon Oil & Gas Ltd
• GCL-Poly Energy Holdings Ltd
• Gli Finance Ltd - NEW
• Hochschild Mining PLC
• Indus Gas Ltd
• InterPrivate Acquisition Corporation
• Jaws Mustang Acquisition Corp
• Kuaishou Technology
• Lekoil Ltd
• Mason Industrial Technology Inc
• MercadoLibre Inc
• MGC Pharmaceuticals Ltd
• MySale Group PLC
• NAHL Group Ltd
• Network International Holdings Limited
• ProShares UltraPro S&P 500
• Riot Blockchain Inc
• Seven West Media Ltd
• Shearwater Group Plc
• Star Peak Energy Transition Corporation
• STM Group PLC
• Totally PLC
Putting their margins up to 100% at close of play Friday.
Seem to be doing it on a lot of volatile stocks, Centrica on the list too.
Ps Bought more Lek on the dip today
ATB