Petrel Resources Share Discussion Threads

[exile] 30/9/2020 08:40

Ducky Fuzz... copy the KD post, send it to JT and ask him to comment. Only then will the penny drop.

[ducky fuzz] 30/9/2020 07:41

Great posts KD .. thanks. DF

[fenners66] 29/9/2020 17:00

"great opportunity for any France based members of the Tamraz Group to meet up for a chat "

Dolly has a house in Paris - yes ?

One of the others has an address that looks a like a shabby council style flat - from the outside....

can't really see a pm popping around for tea.... but hey its on the same continent ....
dream on....

[lippe_mk2] 29/9/2020 16:23

KD:

The CP are probably too busy with the litigation against them for unpaid loans?

When were the court dates again?

[kdickson] 29/9/2020 16:22

Hang on, isn't that Paris meeting just a few days before the Iraq Petroleum Conference on 20th and 21st October? Hmmmm?

[kdickson] 29/9/2020 16:19

I'm sure it can't be too long now. I see the Iraqi PM Kadhimi is visiting Paris middle of next month (2 weeks away) on an official visit.

It would be a great opportunity for any France based members of the Tamraz Group to meet up for a chat - as long as they knew someone who could arrange such high level access of course.

[lippe_mk2] 29/9/2020 16:19

US diplomats leaving = more stability/ less stability/ war?

KD... any more maps of magical pipelines and unlicensed blocks or fields?

[lippe_mk2] 29/9/2020 16:16

Nothing to see here...

hxxps://oilprice.com/Energy/Energy-General/Why-Did-Washington-Shorten-Iraqs-Sanctions-Waiver.html

replace the xx with tt

[exile] 28/9/2020 17:48

Lippe.... LOL !!!!!

[blakieboy7] 28/9/2020 17:10

I just hope something happens soon

[the sage] 28/9/2020 17:06

If one to one meetings have taken place with a view to securing votes in favour of the law, then the vote itself can't be too far away. As has been mentioned, our deal could be used as an example to show other companies what can be achieved. GLA.

[bountyfull] 28/9/2020 13:59

Perhaps one day PET's scatter gun approach will pay off and focus their minds.

[palace pete] 28/9/2020 13:57

Nice one kd.

[bountyfull] 28/9/2020 13:56

Interesting read thanks KD

[kdickson] 28/9/2020 12:43

Looks like the INOC law revisions, which are a pre-requisite to the IOM awarding exploration and development contracts, are high on the agenda according to this news out a couple of hours ago on IOM website...

I believe this law could be put before the Iraqi parliament quite soon, maybe even October. If approved, expect a series of contract awards to follow (Merjan?)


Minister of Oil: The National Oil Company is a promising national project that supports the national economy


The Minister of Oil stressed the importance of legislating the Iraqi National Oil Company law in developing the oil industry, and by strengthening national capabilities in managing and implementing strategic policies for the advancement of the oil industry. This came during his presidency of a meeting that included the Minister for Liquidation Affairs Hamid Yunus and a number of officials of the Basra Oil Company.

Oil Minister Ihsan Abdul-Jabbar Ismail said that the government and the ministry are keen on building national capabilities in managing oil wealth and in maximizing Iraq's financial resources through the optimal investment of oil and gas wealth on solid and rewarding technical and economic foundations.

Ismail indicated that the ministry is working to implement procedures for establishing this company to be a promising national project that supports the national economy.

The Minister of Oil praised the efforts of workers in the oil sector and the Basra Oil Company who continue day and night, in order to enhance, develop and sustain oil production and exports despite the economic and financial challenges, and the risks of the spread of the Corona pandemic "Covid 19", stressing the need to accelerate the implementation of the planned infrastructure projects And that the Ministry pays great attention to this, including projects to increase treasury and export capacities and capacities, and the seawater project, which contributes to sustaining the production process of crude oil.

[fenners66] 28/9/2020 12:05

From the Arkle RNS

"The board believes that we hold prime gold and zinc exploration ground in Ireland, certainly better than the opportunities presented from abroad"

guess they are not planning on telling Finn's other shareholders in GreenOre Gold that - since their interests are in ....... Scotland.

[bit coin] 28/9/2020 11:45

Hi KDI hope you are proved right after all these yearsJust one question, did Pet ever get paid for the work you keep referring to ref Iraq desert mapping etc etc ?

[fenners66] 28/9/2020 11:15

All adds to the picture of how thinly spread the time of Horgan and Finn is.....

They have families I guess

They do not work 24/7 I guess

But Finn has been installed managing the zinc prospects of Arkle.... and is finance director for 4 Stock market quoted companies .

I guess the shareholders of those are individually expecting great things and anticipate diligence and focus from their directors.

Do they know that the directors have so many "projects" spread so far across the globe?

How do these directors manage?

[fenners66] 28/9/2020 11:11

GreenOre Gold

Management
Directors Profiles


David Horgan – Director Director of AIM listed oil explorer Petrel Resources Plc and former director of African Diamonds Plc; sold to Lucara Diamonds for $100m. Holds a Law degree from Cambridge and an MBA from Harvard. Twenty years of exploration experience.

Jim Finn – Finance Director 20 years African resource company experience. Holds qualifications in finance and accounting. A director of a number of resource and industrial ventures. A director of Cooley Whiskey which was sold to Beam for $95m. Has led the listing procedure for ten AIM companies.


GreenOre raising £600k to develop their Kerry Road Deposit

For the past year and a half GreenOre Gold plc (GreenOre) has undertaken work near Gairloch in North West Scotland

"GreenOre is a mineral exploration company with a focus on Scottish gold deposits. GreenOre currently hold 7 Option Agreements for gold and silver with the Crown Estate Scotland covering a total of 1721km squared in Aberdeenshire, Ayrshire, Perthshire and Ross-shire. Aberdeenshire and Ayrshire exploration blocks are under joint venture with Koza Ltd and the Perthshire licence is operated by Erris Recources. The company is currently seeking funding to develop the Kerry Road Copper Gold Deposit in Ross-shire."

[fenners66] 28/9/2020 11:03

I see the 162 Group website has been updated....

Months after they changed the name to Arkle they still had CON on there.

Now they have taken off the reference to , the unquoted , what was it Greenore ?

Wonder why that is?

Has it dissolved in total failure ?
or since it was not listed

has it been a remarkable success ?

Cooley Whiskey was a success and also not listed....

[smcl] 28/9/2020 11:00

Exile- you might be right. We know it’s risky. It’s always been risky. AIM IRAQ & OIL EXPLORATION. How risky can you get?

[fenners66] 28/9/2020 10:57

According to an article in "The Argus" from 2013 John Teeling was 67 then so about 74 now....