Petrel Resources Share Discussion Threads

[dusseldorf] 25/4/2024 13:45

Our only hope is that at some point the BOD have to cash out their 25%/30% equity (their limit) and they don't want to many bucket shop equity raises to dilute their holdings. Though you can actually get an exception to this to own more than the traditional takeover/offer trigger threshold.

[dusseldorf] 25/4/2024 13:40

The money printer doesn't stop though. There is essentially '0' (no/nada etc..) control or influence we have over how many shares the BOD wish to print for fundraises, the quantum of fundraise or who they give it to or which price. This is why I prefer crypto, its pre-programmed.

Options run out Oct, but they can print more at any point before or after at more or less any value (as bucket shops spread bet firms can dump price to whatever). We just have to accept that.

[goggin] 25/4/2024 11:47

From 22 October 22 - options awarded at 1.8p expire Oct 24
Worth reading
hxxps://www.voxmarkets.co.uk/rns/announcement/f1a96328-af20-4d49-9718-d6bfd6abb0a8

hxxps://www.voxmarkets.co.uk/rns/announcement/673dfc43-e04e-4841-888b-1b9634a183d6

[felix0007] 25/4/2024 09:39

Thanks for clarifying that KD

[dusseldorf] 25/4/2024 09:11

Apotheki - you're probably reading too much into that - likely the reader just thought 'well this sucks' and voted 'the news' down as its bad

Anyway 15 days delay/whatever is a drop in the ocean compared to the 20 years Pet has sat in limbo

[kdickson] 25/4/2024 08:21

The Akkas field is a separate entity that sits on the edge of one of the LR6 contract areas. You can see it as the 'blue blob' at the top of the Anbar licence:

[felix0007] 25/4/2024 08:06

Sorry that was a Ukranian company!!

[felix0007] 25/4/2024 07:55

An announcement was made last year about a Ukrainian getting a contract so i would assume the signing of the contract was just a formality. Was this part of the LR5+ or LR6 licence rounds??

[rebelsunited] 25/4/2024 00:24

Despite the mentioning of delay; A contract signing of one of the field has already taken place.

April 24, 2024 - Iraq signs contract with Ukrainian company to develop Akkas gas field

hxxps://www.iraqinews.com/iraq/iraq-signs-contract-with-ukrainian-company-to-develop-akkas-gas-field/

[ajj2003] 24/4/2024 20:51

Oil minister inferred a 15 day extension to give the companies more time to work on their tenders with the actual schedule to be updated the week of the 22nd, eg this week.

Al-Sudani details energy projects and talks about a new idea in exploiting wealth

Al-Sudani added: “We are presenting specific projects, including projects attached to the fifth and sixth rounds, and we will extend the period to 15 days, to provide the opportunity to apply for the rounds,” noting that “the sixth round includes patches and fields rich in free natural gas.”

2024-04-18 19:29
hxxps://shafaq.com/ar

[slim pickings] 24/4/2024 18:16

Struggling to validate that announcement - the only other references I can find are just syndicate feeds.Anyone found another prime source ?

[dreamtwister] 24/4/2024 17:55

Ukraine has bee allocated The Giant Akkss Field.

[valentine73] 24/4/2024 17:43

Here we go.....can...road...kicking...

[dreamtwister] 24/4/2024 17:03

oh dear the slimy limey ! enlighten me about the Black & Tans ?

Here is some homework. The Wind That Shakes The Barley.

Be precise & Truthful !... I look forward to reading your assay !

No their is Not a War in Palestine in my book Genocide is Murder!

War the Opposing Side can defend.... Palestine has no Army and

No defense !

[dreamtwister] 24/4/2024 14:04

BB No problem ! lets not stray from the Genocide of Palestine !

your imperial leaders are Radicalizing the colonial puppets from

reality....in the politest manner i suggest you do your research !

The Zionist Israelites have no birth rights in Palestine "Fact"

When the English Captured Jerusalem they set up a armed division &

the Palestine community thought they was Safe & Adopted the Israelites

The Balfour treaty was imposed whilst the western world turned a blind

eye the present events of genocide is the results we are witnessing to

as mentioned DYOR as i have ! "Balfour treaty Adopts Gods Chosen People !

to save typing for a week & in layman's Terms, The United Kingdom & the

united States Of America Are the Routes Of un certainly in the Middle east

Or are you that Dizzy That your sat is scrambled.

Recently the UK Abstained & the USA veto Palestine membership of the united

Nations they then go as to say provide Israel with Arms to kill more innocent

Defenseless Citizens of Palestine. " I bet you look Dapper with a Blue Rinse

And A Black Shirt.....Jog on and do some research...May i remind you We used

To Be One Continent and One nation !

"They Gave Us A Book and Told Us To Close Our Eyes and Pray, When We Opened

Our Eyes They Left Us With The Book But Stole Our Land !

[lippe] 24/4/2024 10:31

Terry's smoking meow meow, (again) ...

Not long (again!) to wait.

Mesdames, Messieurs, faites vos jeux