Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
All I can find is reference to a new alert system. App
Boris may announce more this evening.
I’ll do more digging.
I’ll see if I can find Fridays update on catch up
The government named three companies 2 I had never heard of.
I think they asked Google to help to develop a completely new app.
On one of the Covid 19 updates , Friday I think, it was mentioned that the Government had teamed up with Google, and some other location app companies.
Bound to have an effect on us, in a positive way?
Any views
ATB
Genel Energy PLC: Update on Tawke PSC
07/05/2020 7:00am
UK Regulatory (RNS & others)
Genel Energy PLC (GENL)
Genel Energy PLC: Update on Tawke PSC
07-May-2020 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
7 May 2020
Genel Energy plc
Update on Tawke PSC
Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC
(Genel 25% working interest), has today issued an update on licence
activity.
In Q1 2020, gross production at the Tawke and Peshkabir fields averaged
61,493 bopd and 53,714 bopd respectively. After completing five development
wells in the licence during the quarter, three drilling rigs were released,
but the Company-operated workover rig continues to service production wells.
A drilling rig has been stacked at each field and can quickly be mobilised
when conditions warrant.
The Peshkabir-to-Tawke gas capture, transport and reinjection project to
effectively end CO2 emissions at Peshkabir and boost oil recovery at Tawke
is completed and undergoing commissioning.
-ends-
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Hi Ian
Your right about the extension, I was in Churchill mining, we were granted a 6 month extension, while we fighting a case with the Indonesian government, when that six months was up we went on the NEX exchange.
ATB
I would imagine the KRG want the Gas online as quick as possible, and probably want another 9 months to pay for it.
Or am I being to Cynical.
Whats your take ocelot KRG trying to alter the terms of the PSC ?
Genel Energy Share News (GENL)
Share Name Share Symbol Market Type Share ISIN Share Description
Genel Energy Plc LSE:GENL London Ordinary Share JE00B55Q3P39 ORD 10P
Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
0.00 0.0% 116.80 115.40 116.20 0.00 0.00 0.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 284.4 78.9 28.5 3.9 326
Print
Alert
Genel Energy PLC: Update on Bina Bawi PSC
01/05/2020 7:00am
UK Regulatory (RNS & others)
Genel Energy PLC (GENL)
Genel Energy PLC: Update on Bina Bawi PSC
01-May-2020 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
1 May 2020
Genel Energy plc
Update on Bina Bawi PSC
Genel Energy plc ('Genel' or 'the Company') provides the following update on
the Bina Bawi PSC.
Extensive documentation was received in mid-April from the Kurdistan
Regional Government ('KRG') following the commercial understanding reached
in September 2019. The documentation, which requires further negotiation,
includes a new draft Production Sharing Contract ('PSC') that seeks to
separate the Jurassic oil development from the deeper Triassic natural gas
development, with oil being developed on standard terms for the Kurdistan
Region of Iraq.
Genel has been informed by the KRG that while negotiations are ongoing with
respect to these documents it will not exercise the notice of an intention
to terminate the Bina Bawi PSC. Genel continues to seek a viable and
balanced commercial way forward for the development of Bina Bawi's gas and
oil resources, and is constructively engaging with the KRG to accelerate
progress.
Genel continues to minimise spending on Bina Bawi until further tangible
progress is made during these negotiations.
-ends-