Sirius Petroleum Share Discussion Threads

[astralvision] 04/5/2024 16:16

FibWhen I say 'all that means' I'm referring to the suggestion that 'North Africa Tende Energy plc ' is a separate company, which is not what the LinkedIn page saysThat is all.Whether this is a significant move or development, I've no idea. But, for info, Hendo at the agm was the guy for North African /ATOG/Cosmos stuff, so I'm hardly surprised. Post agm I asked a question to JP re Cosmos and JP send ask Hendo, he's the guy for this.Fwiw, my view is the Cosmos development could be very significant, if they can progress it. Imo, Tende's timescales to develop it seem optimistic to me, but will be delighted to be proven wrong on that one.

[futureisbright] 04/5/2024 16:06

Astral…. “All that means”

Firstly, I may have missed my IR update and notification!

Secondly, when did break away of any element of African continent or consortium become a thing, where Tende are concerned.

Interesting take Astral, to say the least.

There is no presuming of anything CFO related. CFO he is not (according to our LinkedIn update)

Call me sceptical but your post almost reads as if your down playing this fascinating find from Tradoil.

[astralvision] 04/5/2024 15:56

All that means is Hendo is in charge of Tende Energy plc North African operationsFrom LinkedIn:Under the Tende Energy plc heading:CEO North AfricaResponsible for leading the development of Tende's portfolio in North Africa.Presumably Hendo more than capable of holding the fort if we need a new cfo. Will need one if we're listing. If we're about to be take out, don't seem worth it.At the agm Hendo said there was no interest in Dunraven Resources from Tende. It doesn't fit the profile of what Tende are looking for.

[futureisbright] 04/5/2024 15:35

Global oil super major, BP and Eni have struck a deal to take an operating stake in a highly prospective exploration licence in Namibia’s Orange basin close to Galp Energia’s huge Mopane discovery and next door to acreage where Shell has made five discoveries.

Azule Energy, the 50:50 joint venture between BP and Eni which brings together their Angolan assets, has struck an agreement with privately owned Rhino Resources to enter Petroleum Exploration Licence 85 which covers Block 2914A.

Representing the voice of the African energy sector, the African Energy Chamber (AEC) stands in support of Azule Energy’s venture into the Orange Basin, recognizing the value of the transaction in unlocking the full potential of the country’s oil and gas resources. The deal is a testament to the prospectivity of the basin as well as the high level of international interest in Namibia’s offshore oil and gas opportunities.

Under the terms of the agreement, Azule Energy has secured a 42.5% interest in Block 2914A – located in PEL 85. Following the completion of the acquisition, Azule Energy plans to drill two high-impact exploration wells as part of a work program in the area, with the initiation of the first well anticipated as early as Q4, 2024. These wells are anticipated to play a crucial role in unlocking the hydrocarbon potential of the Orange Basin, thereby supporting Namibia’s energy security and economic growth.

Additionally, the agreement provides Azule Energy with an option to become the operator of PEL 85, showcasing the company’s commitment to responsible resource management and operational excellence. The current contractor group consists of Rhino Resources Namibia as the operator with an 85% interest, Namibia’s national oil company NAMCOR with a 10% interest and indigenous company Korres Investments with a 5% interest. This consortium represents a diverse range of expertise and resources, ensuring a well-rounded approach to exploration and development activities in the Orange Basin.

“It is an exciting moment for exploration in Namibia. This farm in further confirms Namibia as one of the world’s most prospective, underexplored hotspots, with billions of barrels of oil yet to be found. We still believe that there will be many more similar farm-in deals by companies holding exploration assets in this emerging country,” stated NJ Ayuk, the Executive Chairman of the AEC. “The Chamber commends Azule Energy and Rhino Resources Namibia for their vision and commitment and look forward to supporting their efforts as they work to unlock the full potential of Namibia’s offshore resources”

The Orange Basin continues to reveal substantial deposits of untapped oil and gas. The discovery of light oil in the Enigma-1X well – located in PEL 39 – by energy major Shell marked the latest addition to Namibia’s string of sizeable oil discoveries. The discovery followed the Venus-1X, Graff 1-X, Jonker-1X, La Rona-1X, Lesedi-1X, Mopane-1X, and Mopane-2X finds, showcasing the immense potential lying within the basin. With each find, Namibia inches closer to harnessing these opportunities for commercialization. As the government progresses towards a strategic plan to capitalize on these prospects, it aims to streamline regulatory frameworks, attract further investment and foster sustainable delopment in the energy sector.

In this context, Azule Energy’s Farm-In Agreement assumes greater significance, as it underscores the company’s commitment to exploring and developing the region’s hydrocarbon resources. By participating in the exploration activities in Namibia’s Orange Basin, Azule Energy not only demonstrates its confidence in the prospectivity of the area but also contributes to the broader goal of enhancing Namibia’s energy landscape.

[riskybisky] 04/5/2024 15:25

Big changes...
Good spot tradoil.

So tender currently has no cfo

[dr rosso] 04/5/2024 14:34

CFO Dec 2017 - Apr 2024
6 years 5 months spent as CFO Tende Energy came to an end last month.


Now claims the title of CEO North Africa Tende Energy PLC.
PLC = Public Limited Company. Interesting.


His LinkedIn profile has never contained any reference to ATOG Midco Ltd or Anglo Tunisian Oil & Gas Ltd, two private limited Companies to which he was appointed as Director in July 2023, and remains so acc to Companies House.

[vatnabrekk] 04/5/2024 14:21

"...now that Hendo is no longer CFO."

Why do you say that Doc?

[dr rosso] 04/5/2024 13:40

CEO North Africa Tende Energy PLC Full-time Apr 2024 - Present Dubai
Responsible for leading the development of Tende’s portfolio in North Africa

CFO Dec 2017 - Apr 2024
London, United Kingdom and Dubai, UAE

Non Executive Director
Dunraven Resources Limited · Part-time Nov 2018 - Present · 5 yrs 7 mos Dublin


Excellent spot, Trad. Tumbleweed weekend is anything but. As I say, plenty going on behind the scenes, but little to nothing being announced publically by the Company. As usual we are left to guess what is really going on.

By North Africa, I`m thinking that the Tunisia portfolio has been extended to include what was Dunraven`s Mahdia oil field which sits off the north coast.

Note the change of address base, which means that this Tende Energy North Africa operation is being run out of Dubai.

[gloucesterboy] 04/5/2024 13:21

Posted on LinkedIn yesterday:

Anglo Tunisian Oil & Gas
3,628 followers3,
1d •


🎉 Celebrating 10 years of operation with Zero LTI in our Bir Ben Tartar concession-HSSE excellence! 🎉

ATOG, as operator of Bir Ben Tartar Concession, is thrilled to announce a significant milestone in our journey towards safety excellence: 10 years of ZERO Lost Time Injuries (LTIs). This incredible achievement reflects our unwavering commitment to ensuring the health and well-being of every individual who walks through our doors.

We extend our sincerest congratulations to our dedicated staff whose vigilance, dedication, and teamwork have made this milestone possible. Their commitment to safety, day in and day out, has truly made a difference.

We also want to express our gratitude to ETAP (Tunisian NOC), the holder of the concession and our partners, whose collaboration and support to HSSE procedures have been instrumental in achieving this remarkable feat. Together, we have created a culture of safety that permeates every aspect of our operations.

As we celebrate this milestone, let us recommit ourselves to maintaining the highest standards of HSSE aspects and continue to look out for one another, prioritize the HSSE in everything we do, and strive for even greater achievements in the years to come.

Thanks again to everyone who has contributed to this excelent milestone.

[bronislav] 04/5/2024 11:59

Tunisia and Somaliland?

[tradoil] 04/5/2024 11:52

Mark Henderson title on LinkedIn"CEO North African Tende Energy Plc"Is that new ?

[rugbybloke] 04/5/2024 11:09

Yes https://anglotunisianoilandgas.com/

[bumhammer] 04/5/2024 11:01

That's you off his respected poster list Xerot

[xerot] 04/5/2024 09:43

Helliman the helmet

[gloucesterboy] 04/5/2024 09:23

Is this the company that Tende acquired? - Anglo Tunisian Oil & Gas

[heliman2] 04/5/2024 08:02

Best
That was my plan, just to DM a few respected posters

[dr rosso] 03/5/2024 19:38

Article 6.2 Human rights Act 1998 gives an absolute right to a fair and public hearing. No reporting restrictions apply in the vast majority of cases, and certainly not in this particular commercial dispute.
The principle is that justice must be seen to be done.

[bestdeal1] 03/5/2024 17:56

accessing it as a private individual could be one thing, taking it and posting it on a public forum could well be an entirely different kettle of fish. heliman2, suggest you read the terms of use carefully

[aventador] 03/5/2024 17:45

Be a twenty year investment at this rate, money will no longer be in circulation currency will be bananas and we will be flying around in drones lol and no one will have any hair left even the women will have gone bald they've waited so long!

[htrocka2] 03/5/2024 16:20

heliman2....Well done....No doubt the info will be classed as 'in the public domain'.....I'm just a bit concerned that ,once released, this will open up a can of worms with wild speculation from every man and his dog....that may interfere with the ongoing case....but we'll see....thanks all the same.

[bronislav] 03/5/2024 15:41

Thanks for going to the trouble Heliman2.

[heliman2] 03/5/2024 15:36

HT
Re above I have requested claim docs ( only £30 per month ) , hopefully I can cancel soon !

I will post any useful info

[riskybisky] 03/5/2024 14:29

Following the above link HT most of the results say 10%

Regardless,, even if just 5%,, who's got 200m+ ?

i'm afraid I fall a little short on that

[htrocka2] 03/5/2024 14:24

'..any shareholder who holds at least 5% of the company shares can request that a general meeting be called if they believe that one is necessary..'


There must be shareholders on the confirmation list that qualify.....yet have not decide to bother.