Member Info for wraith

Not long to wait, for the end of 2022;-

Extract,
"The Company has a number of significant
‘growth catalysts’ between now and the
close of 2022 that might bring about a
transformational leap forward in its size
and revenue generation. This is especially
the case in respect of our long-held
business development objectives in the
Republic of the Congo, where we expect to
be awarded a new 25-year licence for the
Tilapia oilfield, as well as in other
jurisdictions where the Company is
reviewing potential acquisition
opportunities."
Source: https://www.zenithenergy.ca/wp-content/uploads/2022/07/Newsletter-August-2022.pdf

Thanks for posting link, Hedgehog100.

BW

Inishkea gas prospect,...news on existing Licence;-

Extract,
"On 7 August 2019, Europa announced the award of FEL 4/19, the terms of which are standard and include:
· Validity for 15 years, commencing on 1 August 2019; and
· Division into four phases, the first of which ends on 31 July 2022."
Source: https://www.londonstockexchange.com/news-article/EOG/fel-4-19-status-of-licence/15561762

Interview dated July 6th 2022: https://youtu.be/dXDiKBhQSAo

Article dated July 07, 2022
"Jobs could be safeguarded with renewed interest in gas prospects in Mayo"
Source: https://westernpeople.ie/2022/07/07/jobs-could-be-safeguarded-with-renewed-interest-in-gas-prospects-in-mayo/

Very relaxed with our EOG shareholdings, myself,....looking forward, to the Serenity drill.

Have a good weekend, all here.

BW

Hoping to test both horizons, with a single drill ( https://www.proactiveinvestors.co.uk/companies/news/988161/kavango-resources-gets-economic-justification-for-pursuing-exploration-at-great-red-spot-project-988161.html ),...."Great Red Spot",.....that's, what I have started buying KAV shares for,....massive target, for a company with a tiny Market Cap of £9m approx,....thanks for link, Troajan.

BW

Good to see, COBR have the confidence, to increase their acreage, at this stage;-

Extract,
"EL 6806 complements the Company's existing strategy, with the newly acquired ground considered highly prospective for gold and clay hosted rare earth mineralisation."
Source: https://www.londonstockexchange.com/news-article/COBR/exploration-tenement-granted/15553631

BW

Yes, excellent news ( https://www.londonstockexchange.com/news-article/RKH/sea-lion-update/15555754 ), SpaceHoppa,......with the arbitration result, getting closer, day by day.

BW

I see we had an RNS there today (RKH have just been granted, a two-year licence extension, to all the licences held in the North Falkland Basin, until 1 November 2024), donalb,.....to receive some positive news on barryroe oil field, would be good.

BW

Thanks for posting interview link ( https://twitter.com/StockBoxMedia/status/1551207156120272899?t=ArLgrWf1mug1z9TUOUdHAQ&s=19 ), Kalasin50,....I would have missed that, as I only use this site,....excellent interview.

BW

Hi Anth72, yes all is very good with myself, hope it's the same for you.

BW

Your welcome, donalb,....when I last looked, Brent Crude was $103.20 per barrel,....at that price per barrel, with RKH existing Sea Lion discovery, plus all of their acreage (which now includes, the old DES & FOGL acreages),....RKH Sea Lion discovery, break even is $40 per barrel, from memory,....I now believe, even the highest arbitration award, that has been mentioned, could be dwarfed, by the potential value, of Sea Lion plus all of RKH acreages, (although, originally I bought back into RKH, for the arbitration result),....PVR are not in arbitration at present, therefore there is no potential arbitration award to consider,......the existing barryroe oil field, plus the potential gas & barryroe deep, has had Funds spent in good faith, on bringing it to the current day position.

BW

I agree with you ("I have always said when one arrives, others follow"),......once Sea Lion development is underway, interest in all three (BOR, RKH & ARG) will increase (IMO),....which is why, we hold shareholdings, in all three (BOR, RKH & ARG),....with BOR current Market Cap of just £16m, there is a lot on offer here at BOR, I have always liked the BOR acreage.

BW

I would have thought, there are many eyes on the RKH arbitration case, which is a no win no fee,.....we (we are also holding RKH shareholdings) were expecting, the RKH arbitration result, by the end of July last year (2021),....if RKH had lost, I see no reason why, the defence held up the result last year,....I agree with you ("Menton will not sue",...before RKH arbitration result is known),.....it's why we also hold PVR & LOGP shareholdings.

BW

Exactly, highlander1970,....I've taken a shotgun approach, with shareholdings in, LOGP, PVR, PRD, PET, & EOG,....with the belief, that common sense will win out, eventually.

BW

Hi scoredagainsteps,....there are a few of us longs left here,....good to see The Times article,....from memory, I believe BOR breakeven price, is about $35 per barrel.

BW

Also still here, keeping the faith,......Market Cap £8m ( https://cobraplc.com/ ).

BW

Thanks for posting link ( https://www.thetimes.co.uk/article/falklands-black-gold-rush-might-at-last-be-a-reality-s0g3jww7p ), rpoodle,....interesting read.

BW

I don't know, when the OM result will drop, Kurgan3,....what I do know, is that I will be here, holding our RKH shareholdings, when the OM result does drop,....that's as much as my crystal ball (Tune: https://youtu.be/ir4PkMjWE7E ) shows me.

BW

Yes, suits me ( https://www.londonstockexchange.com/news-article/KAV/iocg-target-conceptual-economic-viability-report/15551662 ), Agricore,....took our first tranche, of KAV shares today.

BW

Thanks for posting link, dated Sun, 07 Oct, 2007 ( https://www.irishexaminer.com/news/arid-30331071.html ), Battle.

BW

Shell chief warns Europe may have to ration energy during winter
Head of oil major says prices will rise ‘significantly’ if Russia continues to limit supply
https://www.ft.com/content/fb57864b-5d1c-450a-bf8d-a4a0807a38c9

BW

Also still holding our Core HUM (ISA) shareholdings,....not holding any HUM, in our trading account,....waiting to see how interest rates move, before averaging down;-

Federal Reserve's Mester on Inflation, Interest Rates (Full Interview)
https://youtu.be/BG-uuwxHdv0

BW