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Yes, it has been quite, Guvvi,......I've been listening, to the Pasofino Gold (VEIN) Jul 11, 2021 interview ( https://youtu.be/c5Oh41jMXEY ), earlier today,....those numbers sound very good, made me consider your thread heading,....resulting in my buying back, nearly all of the HUM shares, I had reduced by over the last few months,...one of those reported red sell s/p@7.5p above, is a buy.
BW
Doubt over tech giants’ €2bn data investment.
https://www.thetimes.co.uk/article/doubt-over-tech-giants-2bn-data-investment-kzgks50gw
BW
Thanks for posting link ( https://www.iraq-businessnews.com/2022/06/29/petrel-to-submit-proposals-to-incoming-iraqi-administration/ ), AJ2205,....I had not seen that, "The company claims to have an interest in Iraq's Block 6 in the Western Desert, subject to ratification",.... I'm still waiting for ratification news, on PET 30% interest, in the of Tano 2A block Ghana,....Iraq or Ghana, either will do for PET,....although, I would prefer Ghana first, as we hold both PET & CLON shareholdings.
BW
Thanks for posting link ( https://www.modernghana.com/news/1178071/therere-inherent-challenges-in-ghanas-oil-and.html ), Lostsoul88,.....ratification ( https://www.offshore-mag.com/regional-reports/article/16803132/ghanas-cabinet-reviewing-tano-block-agreement ),....we are still holding CLON shareholdings, waiting for that review & ratification of Tano 2A block,.....it's been awhile now, when reflecting on the date (Sept. 27, 2018), of article.
BW
That is interesting, when looking at the guidance given, for the rescheduling, (due to potential near-term progress),.....then looking at the Financing Update, dated March 17 2022, where ZEN refers to;-
"potential near-term business development in the Republic of the Congo".
Source: https://www.londonstockexchange.com/news-article/ZEN/financing-update/15371681
BW
I was aware, of all the points you mention, when on Thursday deciding to start increasing our PRD shareholdings, Jonmo91,......I also took into consideration, that;-
Etract:
"Stock Lending Agreement
The Company does not presently have sufficient headroom to enable the issue and admission of all of the 60,000,000 Placing Shares which are required to be issued pursuant to the Placing without the production of an FCA approved prospectus. The Company is therefore proposing to issue and admit 45,000,000 new ordinary shares (up to its existing headroom) (the "New Placing Shares") and for a director, Paul Griffiths, to transfer by way of a loan of shares (the "Stock Lending Agreement"), 15,000,000 existing shares held by him in order to settle the Placing in a timely manner."
Source: https://www.londonstockexchange.com/news-article/PRD/placing-to-raise-ps3-3-million/15588208
When considering all of the above, I decided to increase.
Tune for weekend: https://youtu.be/JYIaWeVL1JM
BW
As warrants are exercisable at 9p,.....I'm not expecting s/p to rise much above s/p@9p, until the arbitration result is known, for that reason, (warrants),.....with the arbitration result, getting closer by the day, don't see much downside either,....just patiently waiting, for updates/arbitration results, myself.
BW
Thanks for interview ( https://twitter.com/StockBoxMedia/status/1560559379996217346 )link, JP2000,....all sounds very encouraging.
BW
Only saw yesterdays Placing ( https://www.londonstockexchange.com/news-article/PRD/placing-to-raise-ps3-3-million/15588208 ) RNS, earlier today,......now that uncertainty has been removed, I've started to increase our PRD shareholdings today, first tranche bought s/p@6p.
BW
Interview ( https://youtu.be/Yf4VPxxz0Z4 ), covers the need, for domestic production, well,....thanks for interview link, chasrutledge.
BW
The TLP-104 well, was going to test, the Djeno reservoir & the Vandji formation,.....using the results from the TLP-103C well, to improve the design of the TLP-104, in order to achieve optimum production levels, from the Djeno reservoir,....from memory, the flow rate stays stable, from the Djeno wells, up to 5,000 barrels a day, per well,.....the Vandji formation, would have been interesting, hope ZEN is going drill TLP-104 well, at some point, & test the Vandji formation, (along with the Djeno reservoir),.....if memory serves me well, a Vandji well, would produce at a lot higher rate of production, than a Djeno well.
"Exploration activities at Tilapia
Seismic studies carried out by AAOG have indicated the presence of hydrocarbons in the Mengo and Djeno sands, as well as Vandji formation, which lie below the pre-salt layer of the field. The formations were not explored earlier due to the unavailability of extraction techniques." ( https://www.offshore-technology.com/projects/tilapia-oil-field/ ).
Subsalt exploration in shallow waters of
the Republic of Congo: https://www.pgs.com/globalassets/technical-library/tech-lib-pdfs/fb_barbanchon_et_al_march2019_congo.pdf
BW
The guidance on Wressle, alone, it is enough, to keep myself invested, in EOG, boltok,...... Serenity, I'm looking forward, to seeing, how EOG stake, plays out there,.....FEL 4/19 (Inishkea) alone, is also enough, to keep myself invested, in EOG,.....plus we have Morocco etc,....I've more than doubled, our EOG shareholdings, over the last few weeks,......did someone suggest, we could become millionaires, will soon need to be, the way gas price is rising. ;0)
BW
Extract:
" Each Warrant gives the holder the right to subscribe for one new Ordinary Share at a price of 9 pence per Ordinary Share (the "Strike Price") at any time from the issue of the Warrants up to (and including) 5.00 p.m. on 31 December 2023 (the "Warrant Exercise Period")."
Source: https://www.londonstockexchange.com/news-article/RKH/proposed-capital-raise/15497473
BW
Tilapia oil field, being able to drill the Djeno Sands Horizon, from onshore, is a big advantage, (IMO).
We hold both ZEN & AAOG shareholdings,.......the link below,dated 9 May 2019, shows what was planned, for the Tilapia oil field, back then;-
Extract
" AAOG also aims to further develop the field by implementing a six to eight well programme."
Source: https://www.offshore-technology.com/projects/tilapia-oil-field/
BW