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Victoria Oil & Gas Share Discussion Threads
Showing 40701 to 40724 of 40725 messages
|I would hope before the end of April for news of 108 drh, that would mean 107 would run into Q3, I think 108 is overdue now.|
|Investing in Cameroon) - Eneo, a British subsidiary Actis, has announced that the Limbe thermal power station has regained its full power at 85 MW thanks to its new piping, new group heaters with their self- Cleaning, a control room with its fully renovated operating system, etc. This after six months of work.
Without water treatment with the right products, says Georges Samuel Njoh Njoh, the head of this plant, there was often a deposition of tartar on the internal components of the plant causing inevitably fouling and loss of performance. It is between other causes, the origin of the continuous decline of the indicators of the Limbé power station.
In 2014, a warning coast was crossed, with barely 38 MW of delivered to the network. A situation that prompted Joël Nana Kontchou (photo), the general manager to rise to defend with the Board of Directors and Actis, the urgency of a plan of rehabilitation.
Cost of works: CFAF 50 billion. 30% from Eneo and 70% from international lenders and local banks (Standard Chartered Bank, Afriland First Bank, Ecobank and Commercial Bank of Cameroon).
The Limbé plant was commissioned in 2004 and has retained its available capacity of 82 MW until 2011. " From 2012 onwards, there was a decrease in power due, on the one hand, The maintenance of 24,000 hours of operation and the corrosion of radiator batteries caused by sea salt. Currently, the 24,000 hours / 36,000 hours of overhaul work and the replacement of radiators are complete with groups available at 17MW each . ", Welcomes Georges Samuel Njoh Njoh .
|sp graph looks primed for a move north, but we'll need positive news and big volume to break 75p.....shouldn't be too long now, end April ish?|
|Cameroon get a substantial royalty from gas sales and they're power hungry, it makes no sense to block a deal that benefits all parties involved because someone didn't use the right form(allegedly )sounds like another red herring to me, will it be followed up? I doubt it.|
|I wonder if there is a bit of a power struggle going on between SNH boss and the Cameroon Government.
Bowleven and GdC have to reach an agreement between themselves before Bowleven can present a credible plan, describing how Bomono is to be developed, to support the PEA.
To apply for the PEA without a plan that describes a customer is a nonsense.
And both companies say explicitly that the agreement is null and void if the Cameroon Government does not approve it.|
|Nice blue start again....roll on £1 and above......K|
|PMO and ENQ (North Sea Oilers) are cashflow positive above $50, that's the new mark now, and they're looking to reduce this to $45 when they bring their big projects on line this year....Kraken first Oil due anytime now for Enquest, and Premier with Catcher H2 2017....both around 50k bopd when fully operational.
Temmujin, dealing in hope not facts...again|
|Temmujin - where did you get $80 a barrel from for North Sea oil? maybe 2 years ago..?|
|no point in drilling north sea for oil when its under the M25 IN multi billion barrel loads HTTP://tiptv.co.uk/theres-oil-m25-way-wembley-stadium-david-lenegas/|
|Press release of the Société Nationale des Hydrocarbures
|temmujin, tell me you didn't short HUR at the low of the day????? lmfao|
|Malcy hinted that 200p would not be overvalued.|
|Update RNS due soon says Laurence.|
|Vog is malkies banker, running up a new flag pole, end of the week? Could be 80p ish. hur is massive, muted response so far, time will tell|
|shame HUR didn't find this field a decade or more ago, when everyone believed in Peak Oil and before the Shale industry, which has changed the landscape for everyone in Oil forever.....
anyway, VOG looking perky still, still think she's the best bet in the bucket list.|
|The big problem with this oil find in the north sea is that oil needs to be around $80 a barrel to make it profitable or it aint worth the hassle...thats why i'm sticking with angus energy...on shore..profitable anything over $20|
|Yeah I think the major thing is that they are linked. That shows it's massive. Strange that they didn't RNS it on Friday. I was wondering if there was another reason for no rns, such as other material news like funding. Either way tomorrow should see a. If gap up|
|Not sure what to make of it, I can only conclude that considering the size of the field it would have been a pointless and potentially misleading test as it would be quite localised, we'll find out in the morning, " biggest discovery in the UK this century" woo hoo.|
|Yes mate it was pretty great timing. What you think to the lack of dst?|
|Great timing on our part, see what tomorrow brings.|
|FN - I have been mate. Been lurking with a very big grin on my face. Only problem is that they are in my SIPP not my ISA but I'll definitely take it.|
|Paulie, check out the hur thread|
|I can smell the surge to 100p it is that close now.|