Petrel Resources Share Discussion Threads

[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

[dreamtwister] 23/4/2024 12:33

The above link relates to refinery`s ! 23/04/2024

Shame the Tamraz/Fayed embezzlement of forward selling shares leading to the

High courts of Justice, As Tamraz Specialty was refinery/pipeline construction.

so has this put a constraint on a working relationship, i have sent "Netoil"

electronic mail with no reply to Date.

[dreamtwister] 23/4/2024 10:46

Still no further reference/update from Mr kdixon for the bidding rounds delayed.

Have you ever watched a movie & the final sequence is to reveal the & the subtitles

roll....lol....so we have the climax of the 5/6th bidding rounds & The Iom award the

contracts to enroll the multinationals & then the Iraqi government goes into

Recess.

[felix0007] 22/4/2024 13:27

Thank you KD and not much longer to wait now!!

[kdickson] 22/4/2024 11:44

Here is the map showing all 30 contract areas across the 5th+ and 6th licencing rounds.

As per my post 21533 you can see that the 'Anz' licence is almost identical to Block 6.

[dreamtwister] 21/4/2024 19:23

This link just dropped into my news feed. Article dated 21/04/2024



Mr kdixon posted a link earlier with reference for the bidding round being delayed ?

i can not confirm if there is a delay !

[dreamtwister] 21/4/2024 15:50

Wow that is a mega project, ring fence the Al-anbar province "western dessert.

"The project is estimated to positively impact Turkish exports to Iraq and our logistics capacity, as the roads are planned to pass through various provinces of Iraq, the city of Al-Anbar, and the Persian Gulf.


The blocks are located in various provinces including Anbar and Nineveh12.
Eight of the blocks are in the province of Anbar in western Iraq2.
One block is located in the province of Nineveh in the north of the country2.
One block is located between Anbar and Najaf provinces2.
The last block is located between Anbar and Nineveh provinces2.




'Export of KRG oil will benefit the central government's budget'
Iraq Energy Center Chairperson Firat Musevi stated that Iraq continues to repair the pipeline with a capacity to transfer 350,000 barrels of oil per day. Musevi emphasized the necessity for oil produced by the Kurdistan Regional Government (KRG) to come under the control of the central government.

[kdickson] 21/4/2024 13:24

Steve, I liked your post 21536 yesterday about the $5m bid bond.
I just wanted to add the following.


There's no way that Petrel hasn't been planning for the funding requirements of a future licencing round.
Indeed they've been preparing for this for years.

Back in the Sept 2021 interims, there was an innocuous highlighted point stating:

• Shareholder base broadened, to prepare for expansion.

I asked DH what this meant. His reply:

" We have been meeting and presenting to institutional and semi-state shareholders willing to back longer-term, capital intensive projects in the Middle East and elsewhere".

(A semi-state company in the Republic of Ireland is effectively a state owned entity)


Later, in June 2023, this 'Future'  looking statement was in the AR:

"Petrel is confident that necessary funding will be available for sound Iraqi and Ghanaian projects".

I asked DH: "
Qn: Is Itochu still a potential sugar daddy in respect of future funding?

DH reply: "Yes".

(This was the third time in 3 years he's confirmed Itochu are still available)

[steveberyl] 21/4/2024 13:15

f31 Seem`s an entirely logical interpretation, Certainly feasible.