Core Vct I Share Discussion Threads

[noirua] 08/8/2022 09:28

So many shares are in the doldrums in the small to microcap sector that there appears no way of getting out of trouble for the majority.

There has been a sharp recovery from capitulation for some Bitcoin miners in the states.

There are one or two microcap explorers amongst many hundreds that are looking OK of late: Though most look very tired worn out and done for.

[sweepie2] 05/8/2022 07:12

05/08/2022 7:00am
UK Regulatory (RNS & others)

Canadian Overseas Petrol... (LSE:COPL)
Intraday Stock Chart

Friday 5 August 2022

Click Here for more Canadian Overseas Petrol... Charts.
TIDMCOPL

RNS Number : 0151V

Canadian Overseas Petroleum Ltd

05 August 2022

Independent Resource Report Confirms Wyoming Oil Discovery

London, United Kingdom; Calgary, Canada: August 05, 2022 - Canadian Overseas Petroleum Limited and its affiliates ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production and development company with production and development operations focused in Converse and Natrona counties, Wyoming, USA, has received a Resource Report (the "Report") prepared by independent energy consultancy Ryder Scott dated July 29, 2022 confirming its deep oil discovery (the "Discovery") on its affiliate COPL America Inc's lands in Converse and Natrona counties, Wyoming.

The Report was commissioned by COPL to supplement its internal assessment of crude oil resources in its Discovery disclosed to the market in January 2022.

The Report is compliant to Canadian regulatory requirements pursuant to National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") which stress conservatism to the evaluation. The geologic interpretations, reservoir determinations and risk assessments are Ryder Scott's, and as such independent of the Company.

Highlights

-- Confirms the Wyoming deep discovery has total Original Oil in Place of 993.5 million barrels
-- It is independent verification of the oil Discovery announced in January 2022
-- These are conservative estimates complying with Canadian standards
-- The Report:
o Supports the Company's conclusion that the Frontier 2 and Dakota discoveries are large stratigraphic oil accumulations encompassing the reserves at the Company's operated 100% WI Cole Creek field;

o Outlines 118 horizontal well locations to exploit the identified Frontier 2 and Dakota Reserves and Resources

-- COPL plans to drill one horizontal Frontier 1 well and two horizontal Frontier 2 wells as part of its 2022-23 drilling campaign commencing in Q4 2022 with two of the horizontals offsetting the 14-30V discovery well drilled in Q3 2021.

Arthur Millholland, President & CEO, commented: "This independent Report validates what we announced at the start of the year and highlights the significant potential of our fantastic Wyoming asset. Compiled to Canadian regulatory standards, the Report gives a conservative view, and we expect to see further exploration upside in due course once our drilling program gets under way in the coming months. Following on from the recent financing and completion of the Cuda Energy acquisition, this Report is another step forward as we transform into an oil producer of scale."

Investor Meet Company Webinar

The Company will be hosting an investor webinar via the Investor Meet Company platform on Monday August 8, 2022 at 4pm (UK) to discuss the Resource Report and other recent updates. The meeting is open to all existing and potential shareholders.

Investors can sign up to Investor Meet Company for free and "add to meet" Canadian Overseas Petroleum Limited via: hxxps://www.investormeetcompany.com/canadian-overseas-petroleum-limited/register-investor . Investors who already follow COPL will be automatically invited.

Summary of Report

The Report only evaluates COPL's working interest leasehold at the Cole Creek Unit, the non-unit working interest leasehold immediately to the north and east of Cole Creek and includes the western portion of the Barron Flats Federal Deep Unit. (The Report does not evaluate the full extent of the Frontier 1 and Frontier 2 as mapped by the Company outside of these lands.) Prospective Resources in the Report were determined probabilistically with the associated risk factors determined by Ryder Scott. Contingent Resources in the Report were determined deterministically based on the parameters used in the evaluation of the Company's Oil and Gas Reserves at Cole Creek.

COPL discovered oil in five reservoir sands in the Upper Cretaceous Frontier 1 (3 reservoir sands), Frontier 2 and Lower Cretaceous Dakota Formations in the BFU Fed 14-30VF well, which was drilled and completed in the third quarter of 2021. The Report classifies crude oil resources in the Frontier 1 Formation as Prospective Resources. Crude oil resources in the Frontier 2 and Dakota Formations are classified as Contingent Resources ("1C", "2C" and "3C"), which are complementary to Proven Producing and Undeveloped ("1P"), Probable Producing and Undeveloped ("2P") booked by the Company at its Cole Creek Unit as the Frontier 2 and Dakota are considered to be single oil accumulations respectively.

Summary of the Total Original Oil in Place ("OOIP") at the asset

-- Frontier 1: 704,728,000 Bbls.
-- Frontier 2: 217,365,000 Bbls.
-- Dakota: 71,379,000 Bbls.
-- Total OOIP: 993,472,000 Bbls.
Frontier 1 Formation

The Report has classified the oil resources in the Frontier 1 Formation and its three reservoir sands as Prospective Resources. The Report assumes the areal extent of the Frontier 1 reservoir development to mirror the underlaying Frontier 2 Formation, thus covering 20,500 acres of operated Company lands. The Company plans to further evaluate the three Frontier 1 sands through coring and open hole testing in the first horizontal well in the Barron Flats Federal Deep Unit targeting the Frontier 2 Formation during Q4 2022. Following the completion of this well, the Company will drill and complete a horizontal well in the Frontier 1 in the Barron Flats Federal Deep Unit. In addition, the Company has identified suitable well bores at its Cole Creek Unit to re-complete in the Frontier 1 for production in Q4 2022. As such, the current resource estimates as outlined are likely to be revised and/or reclassified after this evaluation program.

Prospective Resources in the Report for the Frontier 1 were determined probabilistically with the associated risk factors determined by Ryder Scott.

-- OOIP: 704,728, 000 Bbls. (Probabilistic, High Estimate)
Frontier 2 Formation

The Report supports the Company's conclusion that the Frontier 2 Discovery is a large stratigraphic oil accumulation encompassing the Frontier 2 reserves at the Company's operated 100% WI Cole Creek field. Proven and Probable ("1P and 2P") Developed and Undeveloped Reserves are currently carried by the Company at Cole Creek over a combined 7,200 acres. The Report adds Frontier 2 oil resources classified as Contingent Resources (1C, 2C and 3C) on Company operated lands over an additional 14,160 acres extending to the east to within the operated Barron Flats Federal Deep Unit. The total area evaluated in the Report encompasses 21,360 acres of Company operated lands having P1 and P2 Reserves, and 1C, 2C, 3C Contingent Resources.

The Report has identified 89 horizontal well locations on the Company's operated leasehold to exploit the identified Frontier 2 Reserves and Resources. Twenty-Eight of the horizontal well locations to exploit the 1P and 2P Reserves are located in the operated 100% WI Cole Creek Unit, with the balance of 61 horizontal well locations located on the 1C, 2C and 3C Contingent Resources classified lands within the operated 85% WI Barron Flats Federal Deep Unit and operated 100% WI interest non-unit lands in the area between the Cole Creek Unit and Barron Flats Federal Deep Unit.

The Company plans to drill two Frontier 2 horizontal wells in its 2022-23 drilling campaign commencing in Q4 2022. The first Frontier 2 horizontal well will be located in the Barron Flats Federal Deep Unit offsetting its 2021 BFU Fed 14-30VF discovery well in an area classified as 3C Contingent Resources. The second Frontier 2 horizontal well will be drilled on an existing permitted location in the Cole Creek Unit targeting Proven 1P and Probable 2P undeveloped Reserves.

Contingent Resources for the Frontier 2 in the Report were determined deterministically, based on the parameters used in the evaluation of the Company's Reserves at Cole Creek as stated in the Report.

-- Original Oil in Place ("OOIP")
o OOIP: 217,365,000 Bbls. (Deterministic)

-- Note: This includes the OOIP in the area of the Cole Creek Unit Proved (1P) and Probable (2P) Reserves

-- Horizontal Well Locations:
o Cole Creek Unit: 28 horizontal well locations

o Barron Flats Federal (Deep) Unit and non-Unit lands: 61 horizontal well locations

-- Total net risked Contingent Resources 1C, 2C and 3C Recoverable
o 23,747,000 Bbls.

Dakota

The Report supports the Company's conclusion that the Dakota Discovery is a stratigraphic oil accumulation encompassing the Dakota reserves at the Company's operated 66.667% WI Cole Creek field. Proven and Probable ("1P and 2P") Developed and Undeveloped Reserves are currently carried by the Company at Cole Creek over a combined 7,920 acres. The Report adds Dakota oil resources classified as Contingent Resources (1C, 2C and 3C) on Company operated lands over an additional 4,560 acres extending to the east to within the operated Barron Flats Federal Deep Unit. The total area evaluated in the Report encompasses 12,480 acres of Company operated lands having 1P and 2P Reserves, and 1C, 2C, 3C Contingent Resources.

The Report has identified 29 horizontal well locations on the Company's operated leasehold to exploit the identified Dakota Reserves and Resources. Eighteen of the horizontal well locations to exploit the P1 and P2 Reserves are located in the operated 100% WI Cole Creek Unit, with the balance of 11 horizontal well locations located on the 1C, 2C and 3C classified lands within the operated 100% WI Cole Creek Unit and operated 100% WI interest non-unit lands in the area north and east of the Cole Creek Unit.

The Company has deferred the drilling of the Dakota horizontal wells as it plans to target exploitation and development of the Frontiers 1 and 2 Formations initially.

Contingent Resources for the Dakota in the Report were determined deterministically based on the parameters used in the evaluation of the Company's Reserves at Cole Creek as stated in the Report.

-- Original Oil in Place ("OOIP")
o OOIP: 71,379,000 Bbls. (Deterministic)

-- Note: This includes the OOIP in the area of the Cole Creek Unit Proved (1P) and Probable (2P) Reserves

-- Horizontal Well Locations:
o Cole Creek Unit: 18 horizontal well locations

o Barron Flats Federal (Deep) Unit and non-Unit lands: 11 horizontal well locations

-- Total net risked Contingent Resources 1C, 2C and 3C Recoverable
o 4,079,000 Bbls.

Definitions

Contingent Resources

Those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations using established technology or technology under development, but which are not currently considered to be commercially recoverable due to one or more contingencies. Contingencies may include factors such as economic, legal, environmental, political, and regulatory matters, or a lack of markets. It is also appropriate to classify as contingent resources the estimated discovered recoverable quantities associated with a project in the early evaluation stage. Contingent Resources are further classified in accordance with the level of certainty associated with the estimates and may be sub-classified based on project maturity and/or characterized by their economic status.

Estimates of resources always involve uncertainty, and the degree of uncertainty can vary widely between accumulations/projects and over the life of a project. Consequently, estimates of resources should generally be quoted as a range according to the level of confidence associated with the estimates. The range of uncertainty of estimated recoverable volumes may be represented by either deterministic scenarios or by a probability distribution. Resources should be provided as low, best, and high

estimates as follows:

-- Low Estimate : This is considered to be a conservative estimate of the quantity that will actually be recovered. It is likely that the actual remaining quantities recovered will exceed the low estimate. If probabilistic methods are used, there should be at least a 90 percent probability (P90) that the quantities actually recovered will equal or exceed the low estimate.

-- Best Estimate : This is considered to be the best estimate of the quantity that will actually be recovered. It is equally likely that the actual remaining quantities recovered will be greater than or less than the best estimate. If probabilistic methods are used, there should be at least a 50 percent probability (P50) that the quantities actually recovered will equal or exceed the low estimate.

-- High Estimate : This is considered to be an optimistic estimate of the quantity that will actually be recovered. It is unlikely that the actual remaining quantities recovered will exceed the high estimate. If probabilistic methods are used, there should be at least a 10 percent probability (P10) that the quantities actually recovered will equal or exceed the high estimate.

The low, best, and high estimates for contingent resources are abbreviated as 1C, 2C, and 3C, respectively, with the corresponding reserves categories of proved (1P), proved + probable (2P), and proved + probable + possible (3P). This approach to describing uncertainty may be applied to reserves, contingent resources, and prospective resources. There may be significant risk that sub-commercial and undiscovered accumulations will not achieve commercial production. However, it is useful to consider and identify the range of potentially recoverable quantities independent of such risk.

Prospective Resources

Those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources have both an associated chance of discovery and a chance of development. Prospective Resources are further sub-divided in accordance with the level of certainty associated with recoverable estimates assuming their discovery and development and may be sub-classified based on project maturity.

About the Company:

COPL is an international oil and gas exploration, development and production company actively pursuing opportunities in the United States with operations in Wyoming.

The Company operates three Units: Cole Creek 100% WI, Barron Flats Shannon (Miscible) 85% WI and the Barron Flats Federal (Deep) 85% WI in addition to non-unitized lands 100% WI.

The Company's Wyoming operations are one of the most environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighbouring wind farm to power production facilities.

For further information, please contact:

[the chairman elect] 04/8/2022 07:50

Canar-1 Well - Commencement of Drilling

Jersey, Channel Islands, 04 August 2022 - Serinus Energy plc ("Serinus" or the "Company") (AIM:SENX, WSE:SEN), is pleased to announce that the drilling of the Canar-1 exploration well in Romania commenced today (04 August 2022).

The Canar-1 well will be drilled to a depth of 1,600 metres, targeting three prospective hydrocarbon zones. The Canar prospect is located on the northern flank of the Carei Basin, approximately four kilometres to the west of the Company's Moftinu Gas Plant. The Canar-1 exploration well is seeking to discover further hydrocarbons on the migration path from the Carei Basin source kitchen. With success, production from this well will be connected to the Moftinu Gas Plant, utilizing existing plant capacity.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com)

[the chairman elect] 04/8/2022 07:45

United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas



AJ-14 Development Well Update



United Oil & Gas Plc (AIM: "UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on the drilling of the Al Jahraa-14 development well ("AJ-14") in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt.



Summary

· AJ-14 encountered seven metres of net oil pay in the Primary Abu Roash C ("ARC") reservoir

· Planned testing programme to include both Primary (ARC) and Secondary Abu Roash G ("ARG") targets

· AJ-14 is the seventh successful development well at Abu Sennan since United acquired its interest in the licence



The AJ-14 development well was primarily drilled to intersect the ARC reservoir, targeting reserves from an undrained area of the Al Jahraa Field identified from reservoir and simulation modelling work. The well safely reached total depth of 3619 metres ahead of schedule and under budget. A full logging suite was acquired through the ARC and 7 metres of good quality net oil pay has been interpreted in the reservoir, in line with the higher end of the pre-drill estimates.



The secondary ARG target was encountered 13 metres updip of the Al Jahraa-12 well, which was interpreted to have intersected an oil-water contact in this reservoir. Due to technical difficulties whilst running the logging tools a full logging suite was not acquired over the ARG interval in the AJ-14 well. However, there was sufficient encouragement from the Logging While Drilling tools to indicate potentially hydrocarbon-bearing reservoir, and to include the ARG in the testing programme.



Both the primary and secondary targets of the well are now planned to be tested and completed. If the testing is successful from either target, the well will be brought immediately onstream through the existing facilities, adding additional production and revenue for United. United will update the market on these results in due course.



Continuing Egypt drilling programme

The Sino Tharwa-1 rig used to drill AJ-14 will now be used to drill the ASH-4 development well, which is targeting 2.2 million barrels gross mean recoverable reserves in an undrilled compartment of the ASH Field. The rig move is expected to be performed over the next few weeks, with the well to spud shortly thereafter.





Brian Larkin, CEO commented:

"This is the seventh consecutive successful development well on the Abu Sennan licence since 2019. With oil prices remaining high, and the speed with which additional production can be quickly brought on stream through existing facilities, Abu Sennan's strong cash generation and extensive reserve and prospect inventory provides a solid foundation on which to build United's strategy. We are very excited about the remaining wells in the 2022 drilling programme, with the ASH-4 development well targeting 2.2 million barrels gross before the drilling of the final well in our 2022 programme, the high impact exploration well ASF-1X which is targeting over 8 million barrels gross."

[sweepie2] 04/8/2022 07:38

Technical Market Insight Guide sheds light on most up to date IoT Security Challenges and the 9 Core Components for Zero Trust IoT Security



Leading IoT device identity lifecycle management experts, Device Authority has today released its updated Technical Market Insight Guide, exploring the latest IoT security landscape, threats and challenges as well as setting out its Blueprint for Enterprise IoT Security.



Building on customer insight and experience, the popular Guide sets out a Roadmap for achieving zero trust security for IoT at scale and includes real use cases, deployment experiences and looks into the role that KeyScaler and KeyScaler as a Service (KSaaS) can play in achieving this.



Commenting on the release of the updated Guide, Device Authority CEO Darron Antill commented, “Digital Transformation is high on the agenda of many businesses as they look to capitalise on the huge advances in technology and devices as well as the explosion of data to gain competitive advantage. However the proliferation of these devices is also bringing with it an increase in cyber security threats and implementing a zero trust approach to security should be the number one priority for these businesses in order to protect their data and operations. Automating machine identities is vital to this process and, as the global leader in this space, we have set out a best practice blueprint based around the 9 core components of Zero Trust security to help businesses take action today.”



Device Authority’s KeyScaler is the only security platform to fully support the NIST framework for Zero Trust in IoT. Get in touch for more information or to download the full Technical Market Insight Guide click here.

[whatsthepoint] 03/8/2022 16:22

FAB market makers must be caught short of 100,s of thousands of shares due to the buying pressure of the past two weeks. They are ripe for squeezing big time. Great company great new CEO great potential upside over next 6 months. Chance of an AIM success story.

[sweepie2] 03/8/2022 15:08

Launch date tomorrow?

Wyld Networks presents at OTCQB Venture Virtual Investor Conference on August 4th 2022
On Thursday 4th August, Wyld Networks will participate at OTCQB Venture Virtual Investor Conference arranged by the OTC Markets Group. CEO Alastair Williamson will present the company’s recent progress, commercial updates and future plans.
This will be a live, interactive online event where prospective investors, investors, analysts and media are invited to ask the company questions.

WHEN: 4th August 2022 at 11:00 EST
REGISTER: [...]

[sweepie2] 03/8/2022 12:27

ABI Research releases its latest Competitive Ranking roundup

Excellent news - Device Authority one of the Overall Leaders.


Extract:

The overall leaders are:

PTC – Enterprise Augmented Reality Platforms
Nokia – Open RAN Platforms
Device Authority – IoT Device Identity Lifecycle Management
VMware – 5G Telco Cloud-Native Platforms
Ericsson – Massive MIMO Platforms
AutoStore – Micro-Fulfillment Automated Storage and Retrieval System Vendors
Utimaco – Hardware Security Module OEMs
Entrust – Centralized Personalization and Issuance Solutions
Huawei – Device Management for Massive IoT
Blue Yonder – Supply Chain Visibility Solution Providers




hxxps://www.prnewswire.co.uk/news-releases/ptc-huawei-autostore-and-utimaco-among-the-37-companies-leading-the-way-in-2022-and-beyond-829821401.html

PR Newswire

PTC, Huawei, AutoStore, and Utimaco Among the 37 Companies Leading the Way in 2022 and Beyond

ABI Research
02 Aug, 2022, 13:30 BST

ABI Research releases its latest Competitive Ranking roundup

NEW YORK, Aug. 2, 2022 /PRNewswire/ -- ABI Research analysts around the globe are constantly collecting data and information from technology providers, partners, and end users. The results are routinely published in Competitive Ranking reports, which offer comprehensive insight into different markets, assessing companies' implementation and innovation strategies. Global technology intelligence firm ABI Research summarized the results of 10 recent Competitive Rankings in the just released whitepaper, 37 Technology Companies Leading the Way in 2022.

[noirua] 03/8/2022 09:33

Digger and Dealers Mining Forum - 2022

[noirua] 03/8/2022 08:02

Roth Capital Reaffirms Their Buy Rating on Argo Blockchain (ARBK)
12/07/2022 2:26pm
TipRanks

In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Argo Blockchain (ARBK – Research Report), with a price target of $11.00.

The company's shares closed last Monday at $4.25, close to its 52-week low of $3.71.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 15.0% and a 35.8% success rate.

Aftahi covers the Technology sector, focusing on stocks such as Fathom Holdings, Digital Turbine, and Phunware.

Currently, the analyst consensus on Argo Blockchain is a Strong Buy with an average price target of $11.40 [ARB 93p], a 168.2% upside from current levels.

[the chairman elect] 03/8/2022 08:00

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) ("Kavango") provides an update on drill targeting at its Kalahari Copper Belt (KCB) licence PL036/2020.

Highlights

- Initial high-resolution, close-spaced soil geochemical programme complete at PL036/2020 (the "Targeting Programme")

- 5,145 soil samples collected

- Large-scale programme undertaken, giving high-resolution over target areas

- Particular focus over mapped Ngwako Pan-D'kar formational contact

- 4 significant geochemical features consisting of +15ppm Cu anomalies (peak 110ppm) delineated (the "Targets")

- The 4 Targets appear to fit previously mapped geology, including the potential "fold nose" over Acacia

- 3 of the Targets conform to previously identified Acacia, Morula (western portion) and Happy target areas

- 1 new target area identified ("Kudu") to the north east of Acacia

- Kavango has provided a series of maps showing the Targets:

hxxps://www.kavangoresources.com/media-library/news-release-media/rns03august2022

- Follow up work to include:

- Infill soil sampling

- Upgraded interpretation of existing Airborne Magnetics and Airborne EM

- CSAMT geophysics

- RC drill programme

- The Targeting Programme remains ongoing on licences PL082/2018 and on the Mamuno licence package.

- Expected completion before end of August

Ben Turney, Chief Executive Officer of Kavango Resources, commented:

"Through an intensive soil sampling program across our KCB licences, we have sought to achieve enhanced target resolution ahead of drilling. Not only have we achieved this, but through the close spacing of samples we have also identified a previously unidentified and prospective structure, which is now being followed up.

The combined soil sampling and geological mapping, which has recently successfully identified multiple instances of the key Ngwako Pan-D'kar formational contact in our licences, is helping us sharpen our drill targets. The next steps will be to upgrade our geophysical interpretation of data we acquired in 2021 and complete some infill soil sampling where necessary. Our goal is to ensure that when we drill the KCB, we will have the optimal chance of success."

[the chairman elect] 02/8/2022 07:45

Helium One Global (AIM: HE1), the primary helium explorer, is pleased to provide an update on progress at its Rukwa (100%) project area in Tanzania including details of its planned 2022 drilling campaign.



Summary

· Rig considered suitable for planned operations, with acceptance subject to completion of audit process

· ADC rig audit 80% complete - key components have been tested and operated successfully with no unrecoverable critical faults identified to date

· Final audit activities expected to re-commence mid-August

· Tier-one oil and gas service company confirmed as preferred integrated well services contractor. Helium One is working to define a timeline to mobilise critical well evaluation equipment which will define the start date for Phase II drilling campaign

· Logistics planning to transport the Rig from Kenya to Rukwa are well advanced and preparations on drill pad design progressed in time to receive the Rig



Rig Audit

Helium One have contracted the services of ADC Energy, an internationally recognised expert in rig audit and evaluation, to perform an independent audit of the proposed drilling rig ("the Rig") in its yard in Kenya. Key components including the rig carrier, sub-structure and mast hydraulics, top-drive, iron roughneck, mud tank valves and mud pumps have been observed in operation. The audit, which is now 80% complete, has catalogued required repairs which are being addressed by the drilling company. There are no major failures identified to date that Helium One management team believe would prevent the Rig from being used successfully in a future drilling campaign.

Completion of the audit was delayed by approximately six days due to a communication issue with a module in the Rig's management system, which has now been resolved. With expatriate drill crew currently demobilised from Kenya, audit activities are due to re-commence in mid-August.



Drilling services

With a suitable rig identified and long lead items such as casing and drill bits already ordered, integrated services are the remaining long lead items on project mobilisation. Integrated services including drilling fluids, wireline evaluation and downhole gas sampling are essential to the successful operation and data collection from the planned drilling campaign.

Given the importance of these critical services, the Company is pleased to be working with a tier-one oil and gas service provider to finalise the delivery of an integrated drilling services package. Drilling services are in high demand globally and equipment will need to be shipped from multiple locations to Rukwa ahead of operations. Helium One is currently working with our preferred service provider to confirm the date that equipment and staff will be available in country as this will determine the earliest date that the drilling can commence.

Planning for rig transport logistics from Kenya to Rukwa is well advanced and is expected to take approximately one month from acceptance and contracting of the Rig and equipment. Drill pad construction has been planned utilising a matting system to reduce time and cost associated with project civils.



David Minchin, Chief Executive Officer, commented:

"The challenge of finding a suitable rig for our next drilling campaign at Rukwa Tanzania has been compounded by increasing demand from the large and medium size oil and gas companies resulting in a scarcity of rigs and ancillary well evaluation equipment available for the East African market. These challenges have been largely overcome and we are pressing ahead with our planned Phase II drilling programme, completing the audit process on the Rig and agreeing availability for provision of integrated well services.

"Although rig audit activities lost about a week due to an electrical fault in the rig management system, what we have seen to date gives us confidence that no major faults will be found with the Rig which we believe is fit for purpose to deliver the drilling programme that we have planned.

"With a suitable rig identified and long lead items already on order, the remaining part of the operational jigsaw is an integrated services package - which includes critical data collecting items such as wireline tools and downhole gas sampling equipment. Given the importance of these services we have approached the top names in the oil and gas industry to ensure that data quality is of the highest possible standard. We are working with our preferred service provider to confirm mobilisation timelines for this critical equipment at the soonest possible opportunity as we move towards execution of our Phase II drilling campaign."

[the chairman elect] 01/8/2022 08:30

Tirupati Graphite plc / LSE:TGR

Chief Financial Officer Appointment, Planned Board Developments and Notice of Results

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX) is pleased to announce the promotion of Mr. Ameya Gogate to Chief Financial Officer. Mr. Gogate is a Chartered Accountant who has held the position of Financial Controller with Tirupati since April 2019 and knows the business well. He replaces Mr. Kien Huynh, Chief Financial Officer since March 2019, who has now resigned in order to pursue other opportunities.

Mr. Gogate holds a Bachelor's degree in Commerce from University of Pune, India and a Global MBA (Finance) degree from S. P. Jain School of Global Management in Sydney, Australia. Most recently, Mr. Gogate has earned a Certificate of CFO Program from the Indian Institute of Management Calcutta. He was awarded a Chartered Accountant certification from The Institute of Chartered Accountants of India in 2014 and was awarded a Diploma in International Financial Reporting Standards in 2015 from the ACCA in London.

Tirupati has initiated the process to identify an additional Non-executive Director candidate, as well as a London-based Executive Director specialising in Finance and Project Development to provide a Board-level Executive presence in London.

The Company also announces that audited results for the 12 months ended 31 March 2022 are expected to be published on or before Monday 12 September 2022. The Company's auditors have now been able to complete its visits to the operations in Madagascar following the easing of the Country's travel restrictions.

Shishir Poddar, Executive Chairman of Tirupati Graphite, said:

"We are pleased to have appointed Mr. Gogate to the position of Chief Financial Officer. We thank Mr. Huynh for his valuable contribution and wish him all the very best in his future endeavours. Tirupati is working to strengthen our Board and leadership team further with a Board level executive presence in London. This will support our engagement with shareholders and also our plans to establish downstream and advanced materials facilities in the UK, particularly our discussions with the relevant policy makers and governmental authorities."

[sweepie2] 30/7/2022 16:20

To be confirmed this coming week by Ryder Scott, could well be a good week



Canadian Overseas PetroleumConfirms Significant Oil Discovery

London, United Kingdom; Calgary, Canada: January 10, 2022 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production and development company with operations focused in Wyoming, USA, announces a significant conventional light oil discovery at its Wyoming asset.


Highlights of the significant conventional light oil discovery



Following the announcements by the Company in August and November 2021, discovery has been confirmed on COPL's large leasehold position in Converse and Natrona Counties, Wyoming in four (4) Frontier Fm. (1&2) and one (1) Dakota Fm sand(s).



· COPL currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion Bbl. of Oil in Place ("OIP"), of which 1.275 billion to 1.64 billion Bbl. of OIP underlays COPL lands

· Production has already commenced from the Dakota Fm, the lowermost reservoir sand in the BFU 14-30VF discovery well (100% WI) at 100-120 Bbl. oil/d


Earlier this year, COPL commissioned Ryder Scott to conduct a Canadian NI 51-101 compliant resource assessment of the major discovery the Company announced to the market in January 2022 its assessment of an estimated total reservoir volume of 1.5-1.9 billion barrels of Oil in Place ("OIP"), of which 1.2-1.6 billion barrels of OIP underlays COPL lands. The Company expects Ryder Scott to confirm these findings when it publishes the report next week.

[noirua] 28/7/2022 16:51

ARBK ARB $4.60 equiv. = 37.8p --- $4.80 = 39.5p --- $5.00 = 41.1p --- $5.20 = 42.8p at $1.215 to £1.


Max Keiser:

[sweepie2] 28/7/2022 15:24

28 July 2022

28 July 2022

Tern Plc

("Tern" or the "Company")

Director Share Purchase

Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things ("IoT") technology businesses, has been informed that on 27 July 2022 Ian Ritchie, Tern's Non-executive Chairman, purchased 560,000 ordinary shares in the Company at a price of 12.41p per share . Following this purchase Mr Ritchie owns 1,570,333 ordinary shares in the Company equating to approximately 0.45% of its issued share capital.

Further information on the purchase is contained in the disclosure tables below.

Enquiries

[the chairman elect] 28/7/2022 08:40

Erik Fairbairn, Chief Executive Officer of Pod Point / LSE:PODP, said: " This was a strong first half year performance for Pod Point "

Group Highlights

· Strong performance with 57% revenue growth to £41.6 million compared to H1 2021

· 48% growth in gross profit to £10.4 million with gross percentage margin decreasing to 25% from 27% in H1 2021

· The financial impact of additional component costs resulting from supply chain issues is estimated to be £0.9 million, contributing to the reduction in Home gross margin in H1 2022 of 5pp compared to H1 2021

· Strong expansion of the customer base across both Home and Commercial segments

· Increase in headcount to 531 (30 June 2021: 316) including 74 inhouse installers and 103 technology and hardware staff. Technology and hardware staff have increased from 57 at 30 June 2021 and from 71 at 31 December 2021 as the business deployed investment funds raised at IPO

· Adjusted EBITDA loss of £1.4 million was a result of reduced gross margin resulting from additional component costs and the additional costs of being a listed business. Compared to a positive H1 2021 adjusted EBITDA of £0.5 million

· Closing cash of £82.1 million

[the chairman elect] 28/7/2022 08:30

Kodal Minerals / LSE:KOD, the mineral exploration and development company focused on lithium and gold assets in West Africa, is pleased to announce that Bernard Aylward (CEO) will provide a live presentation relating to the advancement of the Bougouni Lithium Project in Mali, and the development of Kodal's West African gold portfolio, via the Investor Meet Company platform on 1 August 2022 at 10:00am BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet KODAL MINERALS PLC via:

hxxps://www.investormeetcompany.com/kodal-minerals-plc/register-investor

Investors who already follow KODAL MINERALS PLC on the Investor Meet Company platform will automatically be invited.

[the chairman elect] 27/7/2022 14:45

Advance Energy PLC / LSE:ADV - raised GBP425,000 & Director Fundraise Participation to raise GBP80,000 reference a new transaction [RTO] in the Oil & Gas sector....

Larry Bottomley, Interim CEO of Advance Energy said :

"Over the last six months the focus of the Board has been on progressing the deal pipeline. Screening and due diligence has progressed and the Company is now focused on a select number of potentially value accretive deals with an emphasis on proven resources that are intended to provide immediate and sustainable cash flow generation.

"We are now at the stage where we call on the support of third parties to contribute to the relevant due diligence required to progress an acquisition and this funding will allow that work to be undertaken. While the Board is optimistic in progressing an acquisition there is no guarantee at this stage that any transaction will be completed. We will keep the market updated as these projects develop."

[the chairman elect] 27/7/2022 12:28

STOCK WATCH

London listed Tirupati Graphite & Graphene / LSE:TGR

[the chairman elect] 27/7/2022 08:10

United Oil & Gas Plc (AIM: "UOG"), issues the following trading and operational update in respect of the half-year to 30 June 2022. This is in advance of the Group's half-year results which are expected to be released in September 2022. The information contained herein has not been audited and may be subject to further review and amendment. A shareholder call will take place this morning, details are below.



Brian Larkin, CEO commented:

"United has delivered a solid financial and operational performance in the first half of 2022 supported by the high realised oil price and good cash collections including the receipt of portfolio management proceeds following strategic divestments. Production in Egypt has been in-line with expectations, and the fully funded work programme continues with the AJ-14 development well currently drilling. We look forward to building on the progress made in the first-half through the completion of the 2022 drilling programme in Egypt, which includes the ASH-4 development well and an exciting exploration well targeting c.8 mmbbls gross mean recoverable resources. In the UK, we look forward to the completion of the independent contingent resources report on the Maria discovery and in Jamaica the farmout campaign continues supported by the higher oil price environment and improved industry sentiment towards quality exploration opportunities."

[noirua] 27/7/2022 00:35

Hi fillipe, let's hope LionGold now Tally Central manages to float as they have promised later this year.

[noirua] 27/7/2022 00:32

Purchased shares in Flying Nickel Mining TSXV: FLYN at 18.5c. The shares have fallen badly and the lowest price ever was 16.5c today but I missed that. The highest price was $1.03.

[hedgehog 100] 26/7/2022 17:50

Rockpool Acquisitions (ROC) 4.5p Market cap. £573K.




ROC has about £950K. cash, and extremely low cashburn.

ROC's large discount at the moment to its cash, despite this extremely low cashburn, looks like a temporary discrepancy - and one that is gradually being addressed by ROC's share price rise, as the market wakes up to the opportunity.