Member Info for wraith

Yes, excellent arbitration result, for RKH, Schlum,.....as you indicate, ARG, with their tiny Maket Cap of £5m, could easily, be swallowed up by RKH, once Funds from the arbitration result, are in their possession, (IMO also).

BW

RKH, have now had, the excellent arbitration result,....next probable news due, Navitas farm-in with RKH,(IMO), PageofCups,...."piggy back Darwin onto any drilling and save costs",....that would put a rocket, under BOR s/p,.....we are holding all 3 (RKH, BOR & ARG), its been a great week.

Have a good weekend, all here.
BW

Increased our RKH shareholdings today, CroftOriginal,...got them at s/p@14.3249p, (not sold any RKH shares or bought RKH warrants yet).

BW

Yes, excellent result with RKH arbitration, donalb;-

Extract,
"The arbitration panel unanimously held that Italy had breached its obligations under the Energy Charter Treaty entitling Rockhopper to compensation."
Source: https://www.londonstockexchange.com/news-article/RKH/successful-arbitration-outcome/15599399

Oil firm Rockhopper wins £210m payout after being banned from drilling.
Source: https://www.theguardian.com/business/2022/aug/24/oil-firm-rockhopper-wins-210m-payout-after-being-banned-from-drilling

BW

Excellent arbitration result ( https://www.londonstockexchange.com/news-article/RKH/successful-arbitration-outcome/15599399 ),.....I've done a few quick calculations, on the EUR 190mm award figure, using 3.5% compounded over a 7 year 7 month period, then converted to £ (1.19 Euro),....I get a total figure of £207.3m approx, multiply by 80%, giving a net figure of £165.8m approx, to RKH,....much better result, than I had anticipated.

BW

Should hear something this week, I would have thought, p777,....its been a long wait, for the arbitration result, lets hope we get the arbitration result, this week, & not the 60 day extension,.....although, quite happy to wait, indefinitely,.....now holding RKH, for the full development (RKH have a lot of acreage now), of the Falklands Oil Industry.

BW

I'm encouraged to here the comment, with reference to Corrib gas field, PrivateTesla,......we have been holding PRD for Corrib South & Trinidad, from before PRD had Morocco, (we also hold EOG, which has the Inishkea prospect in FEL 4/19 in the Slyne basin, near the Corrib gasfield ).

BW

Hi brezhnef,....yes, my main focus is on Serenity & wressle oil field, at present,.....Inishkea prospect, will hopefully come good, when some common sense, is found, by those in control.

BW

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

With the uncertainty of Funding removed,.....I am looking forward,.... at the potential, the Funds open up, for PRD,.....started increasing our PRD shareholdings, last week.

BW

Correction: that should read,.... "resulted in me increasing, our PRD shareholdings.

BW

I was thinking more along the lines, what motivated him, to lend the shares, Jonmo91,.....the conclusion that I came to, resulted in me increasing, our ZEN shareholdings.

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