That GH has been tweeting again (or should it be Xing?)
"'Interesting' development in the
BP/ADNOC acquisition of equity in Leviathan
Leviathan :
Sub sea
Thus expensive to abstract
High tax jurisdiction
Not aware of any tax holiday there?
I want to see MOU3 shallow/parallel
and MOU5 Jurassic drilled
I am not the only one."
And then
"The background is rapidly changing
PG/LB are dealing with asset of:
very great scale
strategic importance
Powerful radars = high alert
In several countries" |
Definetly hotting up now..........the rumours go around and become stronger......... |
Buys flooding in......... |
there's a big background sell or the price is being held down, the spread has been wide enough to distinguish the trades, with possibly only the 11.48 in the wrong column
so far... |
every day is a school day
'What does the idiom gorilla dust mean?
“Gorilla dust is, as I understand it, a diversionary tactic that gorillas use when they are doing combat,” he explained to amused reporters. “They throw up dust. It's a defensive measure to get people to be distracted or get their potential opponents to be distracted.' |
Thanks Keith. |
My post #5948 refers. |
erm - that's a typo, it's NewMed, the same company I have already said is widely believed to be in late-stage negotiations with PRD. Here is a copy of my comment from lse:
This was said in November last year at a global investment symposium held in Marrakech, sponsored by the Jerusalem Post - here is a write-up:
I am a little confused that he thinks the greatest opportunity is in the 'Moroccan Sahara', since there is very little Sahara in Morocco, and I am not aware of any gas prospectivity. There are three possible reasons for saying this:
* Maybe he means the Western Sahara, but Israel did not recognise this as a part of Morocco until July this year - and again, I am not aware of its gas prospectivity.
* There was a mis-translation between the three languages in use - some reports just said 'in the Moroccan desert', which could just imply onshore rather than offshore.
* Yossi knew damn well it was Guercif, but didn't want to reveal this for commercial confidentiality.
_KeithOz |
Great post Pro. I just hope that might be the reason for the radio silence.👍28077; |
 Another potential interested party is NEOMED Energy.......
Morocco: Israeli company has eye on ‘large reservoir’ of natural gas in desert
The CEO of Israel’s public energy company NEOMED energy, Yossi Abu, has expressed its readiness to invest in natural gas exploration in the Moroccan Sahara.
“Morocco will become an energy hub in the future because of its stability and the diversity of sources it relies on,” said Abu. “The Moroccan Sahara is a large reservoir of natural gas.” He revealed that the company is working on attracting capital to invest more in the field of energy in Morocco.
“We are currently investing in three areas: natural gas, renewable energies and green hydrogen,” he was quoted as saying by Russia Today. “We believe that Morocco has huge potential for discovering natural gas, especially in the Moroccan Sahara, and we want to be an important player in Morocco, and we are coming to invest. Morocco is ideally positioned to become a global energy centre, given its stability, geography and proximity to Europe.”
NEOMED energy, added its CEO................ |
This needs something
Next week |
No news next week and this will
test the lows again.
I'm hoping we get something if
Not tomorrow,Tuesday. |
Very interesting GRH is very experienced that area. I hope he can throw us a few tips.😎ԅ26; |
I personaaly feel it is extremely likely that Paul Griffiths telephone has had suitors interested in involvement. Look at the fiscal regime for starters. Add zero geological risk seconders. Add "you'll never find sand in Guercif" for thirders. Then look at potential volumes discovered. Actually think Pro is on the button. |
drills-tests-deal
...should make for a good outcome [if not impeded by dirty tricks]
fingers x'd we finally move towards 13/14p this week, not another smack down back to 11
currently a pattern of higher lows, albeit tiny increments... |
Abu Dhabi crown prince directs oil giant ADNOC to further explore ‘international growth'
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan issues directive during a meeting with board's executive committee
Staff Writer, ZAWYA
September 29, 2023
State-backed Abu Dhabi National Oil Company (ADNOC), which is one of the world's biggest oil and gas producers, is expected to make further investments to expand its global presence.
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has directed the oil giant to "explore further opportunities for international growth", according to the Abu Dhabi Media Office.
The crown prince issued the directive on Thursday when he chaired a meeting of the Executive Committee of the ADNOC Board of Directors at the company's headquarters.
During the meeting, the top official reviewed the progress of ADNOC's carbon management strategy and its plans to double its carbon capture capacity to 10 million tonnes per annum (mtpa) of carbon dioxide by 2030.
The oil company recently announced the final investment decision to develop its 1.5 mtpa Habshan carbon capture, utilisation and storage (CCUS) project.
The company, which is pursuing global expansion plans that include acquisition of assets overseas, announced last year that it would invest $150 billion over five years to support an "accelerated growth strategy" for oil and gas production. ADNOC is reportedly looking to expand its presence in African and European markets.
In January, the firm said it had allotted $15 billion to fund projects that include carbon capture, new CO2 absorption technology, investments in hydrogen and renewables, as well as electrification. |
I see helpie is not happy about the comments on "discussions and negotitions" ongoing and holding up the testing.
Sorry mate.......can only post the rumours I hear...........if thats the rumour circulating then so be it......will post as much. |
Just got to sit back and relax and wait for news.
Deal first then test OR test first then deal.
Wait and see. |
👍👍 |
FAO "helpful"
I don't always agree with some of your comments, but you are very right with this one....there has been NO announcements by the company(PRD) on any TALKS, AGREEMENTS, JV'S etc.....the post you commented on is based on no facts whatsoever, and unfortunately some naive "investors" may take it as truth. |
The force is strong here.
"They are in negotiations........a question only of whether a deal is stuck pre or post testing...........
Testing is held up whilst this progresses............."
This is a disgraceful post.
Do you have any evidence this is true?
Have you read this in a RNS or is it a direct quote to you by management?
You are deliberately misleading potential investors.
There are some people here, including me, who might believe what you have written.
Shameless.
Be careful. |
A big upside.......simple as that. |
Pro, if it was an early deal what sort of effect on the share price would you think we might see?
Thanks in anticipation. GLA |
They are in negotiations........a question only of whether a deal is stuck pre or post testing...........
Testing is held up whilst this progresses............. |
👍👍 |
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