APCL/Gambia; The deal we know
The Deal We Know? (Artikkelen inneholder også flere illustrasjoner, så jeg anbefaler å lese orginalen).
An Australian company, FAR Ltd, announced in late August that they will commence oil exploration offshore The Gambia’s coast in early quarter four 2018, however, Gambian authorities are yet to make a public announcement. Exploration precedes oil exploitation as it will confirm the quantity of oil off The Gambia’s coast. However, this key stage requires transparency and trust to avoid the country’s natural resources being undervalued for cooperate interest.
The Gambia’s oil blocks dubbed Samo, consist of six oil blocks on the Atlantic coast right next to Senegal’s SNE oil wells. On 22nd August FAR Ltd issued a press release announcing that “the Samo-1 well is planned to spud in early Q4 2018 and is expected to take approximately 40 days to drill on a trouble-free basis.” A week later another announcement from FAR Ltd highlighted that the Government has approved FAR Gambia Ltd’s farmout agreement of a 40% interest in petroleum licenses for offshore Samo blocks A2 and A5 to Petronas. The farm-out agreement means that the Malaysian oil company, Petronas will fund 80% of the exploration costs capped to US$45 Million. FAR will retain 40% of its original 80% working interest. FAR Ltd has created a local subsidiary company, FAR Gambia Ltd which currently employs about 5 operatives.
Senegambian Oil Reserve?
The Samo-1 oil well shown on the map is over 1,017m below sea level and approximately one hundred kilometers offshore. It is in very close proximity to Senegal’s SNE oil well as shown by the schematic and the plan. A PowerPoint presentation prepared by FAR Ltd shows a “Regional schematic cross-section” which according to them demonstrates that “the Samo Prospect has two main targets; an upper reservoir interval which contained liquid-rich gas at SNE and a lower reservoir interval which was oil-bearing at SNE.”
Observing the schematic [which must be seen as a representation]depicts the concept that the oil highlighted in green automatically stops where the Samo and SNE valleys meet. It’s more likely that the green shade, representing oil continues well below the point which the valleys meet raising the possibility that both oil wells are connected and thereby have a combined “Senegambian oil reserve”. Senegal recently launched its national dialogue on oil and gas and announced plans for oil exploitation in 2021. If oil wells in Senegal begin full operation then The Gambia’s total oil potential reserves could decline.
In an interview last year with Offshore Energy Today.Com FAR directors revealed that “the two [A2 and A5] prospects have a combined best estimate Prospective Resource of 1.1 billion barrels on a gross unrisked basis (926 million barrels net to Far).” However, after a more detailed 3-D seismic survey a follow-up announcement highlighted that “the two target reservoir intervals are assessed to have a combined Prospective Resource of 825 mmbbls of oil” about 100 million barrels less than the initial announcement.
Transparency out the Window
Given the wide reporting on the Gambia’s oil exploration deal outside the country, the time has arrived for The Government to disclose the full details of the agreement and outline what the country stands to gain from it. The deafening silence from the authorities is in sharp contrast with how oil exploration is progressing across the border. To engage the public Senegalese President Macky Sall, opened a national dialogue on the management of oil and gas in June this year and contract agreements have been made available for public scrutiny.
According to APA News, a government press release was issued inviting “all stakeholders in the nation to the national consultation on the management of revenue from exploitation of oil and gas”. The release also states that the Senegalese Government intends to seek parliamentary approval stressing that “the conclusions of this consultation will be the subject of a draft law on orientation regarding the distribution of the revenues resulting from the exploitation of oil and gas, a bill for which will be submitted to the National Assembly”. This will allow stakeholders to engage the government during the national dialogue and via the National Assembly.
In contrast to The Gambia, last year former British Premier, Tony Blair visited The Gambia and held closed-door meetings with newly elected President Barrow. In February 2018, Mr Blair’s partner, Cherie Blair represented The Gambia in a legal case against African Petroleum Company which was holding on to two blocks A1 and A4 in The Gambia. In a follow-up public event in May, Tony Blair invited President Barrow to London’s Chatham House where they both remained tight-lipped on oil exploration in The Gambia.
Conflict of Interest
If the authorities silence on this issue raises a cause for concern then the alarm bells must be ringing given the blatant conflict of interest overshadowing the FAR agreement. Lawyer Amie Bensouda is the legal representative of FAR Ltd and also a lead counsel for the Janneh Commission of Inquiry tasked with investigating the financial excesses of previous Dictator Yahya Jammeh’s regime. On the governments side their legal representatives negotiating the FAR contract is Berwin and Leighton however, Amie Bensouda associates also advices the Government on Model License for Blocks 1,3,4 and 6 together with Berwin and Leighton. This is a clear conflict of interest and gives Amie Bensouda a unique advantage during oil and gas contract negotiations as she has a working relationship with the government, Berwin and Leighton and also a representative of FAR Ltd.
Another cause for concern is the interference of FAR Ltd and Erin Energy in Gambia’s recent KMC Mayoral elections. In many countries with evolved electoral laws, external interference is not permitted in any local elections. This is highlighted in the United States Mueller probe of Russian Interference in the 2016 Presidential Elections. Current KMC Mayor, Talib Ahmed Bensouda had a cover photo [seen above]posted on his GamSense Facebook page, promoting his flagship local project supported by international oil companies FAR Ltd and Erin Energy. Mayor Bensouda is the son of Amie Bensouda and boldly announced on their GamSense page that “the agreement to begin the $12,000 [school rehabilitation]project was signed by Talib Bensouda and Far Limited.” This should be a cause for concern for anybody interested in free and fair Gambian elections.
Conclusion
Can the Barrow administration emulate the transparency being exhibited next door by making the contracts public and engaging the general public on how best to manage the country’s natural resources? Can National Assembly members exercise oversight and ensure that Gambia’s interest is being protected? How will the environment be protected? How will the government monitor the oil exploration project? Will there be independent studies or will The Gambia just take information submitted on the “total oil reserve” in good faith? Certainly, there are more questions than answers around the oil deal. It must be clearly stated that all Government key players have a responsibility to engage The Gambian public, however, its very clear that more information is available from international companies not under The Gambian taxpayers’ payroll.
http://gainako.com/oil-exploration-imminent-government-silently-grants-approval-two-oil-blocks/
An Australian company, FAR Ltd, announced in late August that they will commence oil exploration offshore The Gambia’s coast in early quarter four 2018, however, Gambian authorities are yet to make a public announcement. Exploration precedes oil exploitation as it will confirm the quantity of oil off The Gambia’s coast. However, this key stage requires transparency and trust to avoid the country’s natural resources being undervalued for cooperate interest.
The Gambia’s oil blocks dubbed Samo, consist of six oil blocks on the Atlantic coast right next to Senegal’s SNE oil wells. On 22nd August FAR Ltd issued a press release announcing that “the Samo-1 well is planned to spud in early Q4 2018 and is expected to take approximately 40 days to drill on a trouble-free basis.” A week later another announcement from FAR Ltd highlighted that the Government has approved FAR Gambia Ltd’s farmout agreement of a 40% interest in petroleum licenses for offshore Samo blocks A2 and A5 to Petronas. The farm-out agreement means that the Malaysian oil company, Petronas will fund 80% of the exploration costs capped to US$45 Million. FAR will retain 40% of its original 80% working interest. FAR Ltd has created a local subsidiary company, FAR Gambia Ltd which currently employs about 5 operatives.
Senegambian Oil Reserve?
The Samo-1 oil well shown on the map is over 1,017m below sea level and approximately one hundred kilometers offshore. It is in very close proximity to Senegal’s SNE oil well as shown by the schematic and the plan. A PowerPoint presentation prepared by FAR Ltd shows a “Regional schematic cross-section” which according to them demonstrates that “the Samo Prospect has two main targets; an upper reservoir interval which contained liquid-rich gas at SNE and a lower reservoir interval which was oil-bearing at SNE.”
Observing the schematic [which must be seen as a representation]depicts the concept that the oil highlighted in green automatically stops where the Samo and SNE valleys meet. It’s more likely that the green shade, representing oil continues well below the point which the valleys meet raising the possibility that both oil wells are connected and thereby have a combined “Senegambian oil reserve”. Senegal recently launched its national dialogue on oil and gas and announced plans for oil exploitation in 2021. If oil wells in Senegal begin full operation then The Gambia’s total oil potential reserves could decline.
In an interview last year with Offshore Energy Today.Com FAR directors revealed that “the two [A2 and A5] prospects have a combined best estimate Prospective Resource of 1.1 billion barrels on a gross unrisked basis (926 million barrels net to Far).” However, after a more detailed 3-D seismic survey a follow-up announcement highlighted that “the two target reservoir intervals are assessed to have a combined Prospective Resource of 825 mmbbls of oil” about 100 million barrels less than the initial announcement.
Transparency out the Window
Given the wide reporting on the Gambia’s oil exploration deal outside the country, the time has arrived for The Government to disclose the full details of the agreement and outline what the country stands to gain from it. The deafening silence from the authorities is in sharp contrast with how oil exploration is progressing across the border. To engage the public Senegalese President Macky Sall, opened a national dialogue on the management of oil and gas in June this year and contract agreements have been made available for public scrutiny.
According to APA News, a government press release was issued inviting “all stakeholders in the nation to the national consultation on the management of revenue from exploitation of oil and gas”. The release also states that the Senegalese Government intends to seek parliamentary approval stressing that “the conclusions of this consultation will be the subject of a draft law on orientation regarding the distribution of the revenues resulting from the exploitation of oil and gas, a bill for which will be submitted to the National Assembly”. This will allow stakeholders to engage the government during the national dialogue and via the National Assembly.
In contrast to The Gambia, last year former British Premier, Tony Blair visited The Gambia and held closed-door meetings with newly elected President Barrow. In February 2018, Mr Blair’s partner, Cherie Blair represented The Gambia in a legal case against African Petroleum Company which was holding on to two blocks A1 and A4 in The Gambia. In a follow-up public event in May, Tony Blair invited President Barrow to London’s Chatham House where they both remained tight-lipped on oil exploration in The Gambia.
Conflict of Interest
If the authorities silence on this issue raises a cause for concern then the alarm bells must be ringing given the blatant conflict of interest overshadowing the FAR agreement. Lawyer Amie Bensouda is the legal representative of FAR Ltd and also a lead counsel for the Janneh Commission of Inquiry tasked with investigating the financial excesses of previous Dictator Yahya Jammeh’s regime. On the governments side their legal representatives negotiating the FAR contract is Berwin and Leighton however, Amie Bensouda associates also advices the Government on Model License for Blocks 1,3,4 and 6 together with Berwin and Leighton. This is a clear conflict of interest and gives Amie Bensouda a unique advantage during oil and gas contract negotiations as she has a working relationship with the government, Berwin and Leighton and also a representative of FAR Ltd.
Another cause for concern is the interference of FAR Ltd and Erin Energy in Gambia’s recent KMC Mayoral elections. In many countries with evolved electoral laws, external interference is not permitted in any local elections. This is highlighted in the United States Mueller probe of Russian Interference in the 2016 Presidential Elections. Current KMC Mayor, Talib Ahmed Bensouda had a cover photo [seen above]posted on his GamSense Facebook page, promoting his flagship local project supported by international oil companies FAR Ltd and Erin Energy. Mayor Bensouda is the son of Amie Bensouda and boldly announced on their GamSense page that “the agreement to begin the $12,000 [school rehabilitation]project was signed by Talib Bensouda and Far Limited.” This should be a cause for concern for anybody interested in free and fair Gambian elections.
Conclusion
Can the Barrow administration emulate the transparency being exhibited next door by making the contracts public and engaging the general public on how best to manage the country’s natural resources? Can National Assembly members exercise oversight and ensure that Gambia’s interest is being protected? How will the environment be protected? How will the government monitor the oil exploration project? Will there be independent studies or will The Gambia just take information submitted on the “total oil reserve” in good faith? Certainly, there are more questions than answers around the oil deal. It must be clearly stated that all Government key players have a responsibility to engage The Gambian public, however, its very clear that more information is available from international companies not under The Gambian taxpayers’ payroll.
http://gainako.com/oil-exploration-imminent-government-silently-grants-approval-two-oil-blocks/
Redigert 20.01.2021 kl 23:16
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Solux
09.09.2018 kl 16:55
10967
Måtte lese over den seneste rapporten fra APCL igjen, og kan ikke legge nok vekt på dette;
1. Whilst the licences in The Gambia and Senegal are currently subjected to legal proceedings, we continue to focus our attention on progressing the licences through our technical capabilities so that we are well placed to progress with operational activity as and when a resolution is achieved on either or all licences.
- Merk denne: as and when a resolution is achieved on either or all licences! Har selv vært litt redd for at APCL muligens ville for mye, med å ha alt tilbake og gå hele veien. jeg syntes denne klangen i tonen viser at de vil samme som oss, å muligens ha en igjen hvertfall - noe jeg mener er best case som situasjonen er.
2. Sierra Leone: In parallel we remain in discussion with potential partners who have participated in the Company’s data-room process. The Company has been assured of full support for this process by the Petroleum Directorate of the newly elected government.
- Spent på å se nå før November om det skjer noe med partner her.
3. It is our belief that the initiation of official dispute resolution proceedings would help to underpin and shape discussions with the government, with the ultimate aim of protecting our interests.
- underpin and shape discussions with the government. Snakket mye om før, virkelig en god formulering som igjen viser hva APCl prøver på og vil vinne frem en lisens.
4. That said, we remain steadfast in our legal position and are fully committed to achieving a reasonable outcome that benefits our shareholders, no matter how long and arduous the process might be for the Company.
- Ingen usikkerhet på vår legal case..
5. The Company elected to move into the next phase of the SOSP PSC in late 2017 and requested that the outstanding drilling commitment in the expiring phase be transferred to the next phase as a seismic commitment. To date, the Republic of Senegal has not responded to this request and accordingly the Company reserves its rights under the SOSP PSC.
- Her må vi huske at Senegal ikke har besvart mange selskaper om fremtiden og status, ettersom Ministeren Sall nå skal legge frem det nye og oppdaterte oljekartet. Kanskje derfor APCL ikke har fått svar? Videre, så har jo Barry Morgan også sagt å ha sett kartet og at APCL står som eier av SOSP.
6. The Board remains open to constructive dialogue with the various authorities in the hope that all parties can agree a mutually beneficial outcome that avoids prolonged and costly legal proceedings. We are however preparing ourselves to maintain the full course of proceedings and have the financial strength to see them through to the end if required.
1. Whilst the licences in The Gambia and Senegal are currently subjected to legal proceedings, we continue to focus our attention on progressing the licences through our technical capabilities so that we are well placed to progress with operational activity as and when a resolution is achieved on either or all licences.
- Merk denne: as and when a resolution is achieved on either or all licences! Har selv vært litt redd for at APCL muligens ville for mye, med å ha alt tilbake og gå hele veien. jeg syntes denne klangen i tonen viser at de vil samme som oss, å muligens ha en igjen hvertfall - noe jeg mener er best case som situasjonen er.
2. Sierra Leone: In parallel we remain in discussion with potential partners who have participated in the Company’s data-room process. The Company has been assured of full support for this process by the Petroleum Directorate of the newly elected government.
- Spent på å se nå før November om det skjer noe med partner her.
3. It is our belief that the initiation of official dispute resolution proceedings would help to underpin and shape discussions with the government, with the ultimate aim of protecting our interests.
- underpin and shape discussions with the government. Snakket mye om før, virkelig en god formulering som igjen viser hva APCl prøver på og vil vinne frem en lisens.
4. That said, we remain steadfast in our legal position and are fully committed to achieving a reasonable outcome that benefits our shareholders, no matter how long and arduous the process might be for the Company.
- Ingen usikkerhet på vår legal case..
5. The Company elected to move into the next phase of the SOSP PSC in late 2017 and requested that the outstanding drilling commitment in the expiring phase be transferred to the next phase as a seismic commitment. To date, the Republic of Senegal has not responded to this request and accordingly the Company reserves its rights under the SOSP PSC.
- Her må vi huske at Senegal ikke har besvart mange selskaper om fremtiden og status, ettersom Ministeren Sall nå skal legge frem det nye og oppdaterte oljekartet. Kanskje derfor APCL ikke har fått svar? Videre, så har jo Barry Morgan også sagt å ha sett kartet og at APCL står som eier av SOSP.
6. The Board remains open to constructive dialogue with the various authorities in the hope that all parties can agree a mutually beneficial outcome that avoids prolonged and costly legal proceedings. We are however preparing ourselves to maintain the full course of proceedings and have the financial strength to see them through to the end if required.
Hostesaft
09.09.2018 kl 17:32
10878
Føler meg trygg på at det kommer noe godt ut av vente tiden... men greit å få det bekreftet snart
thief
09.09.2018 kl 20:35
10596
Ganske sikker på at apcl vil levere på sosp:)De har et veldig godt forhandlingskort med rop-lisensen, hvor Senegal kanskje var litt for kjappe med å selge til total.De har gjort det ekstra vanskelig for seg selv,med den klønete handteringen.Derfor er det veldig sannsynlig/fornuftig at apcl får forlenget på sosp, rop beholdes av total(som slipper usikkerheten om lisensen),og Senegal får en halv seier.De slipper en langvarig sak,mye kostnader og i verste fall at apcl vinner og det blir veldig dårlig forhold til total!Og med tanke på at apcl/Senegal forhandlet ganske så lenge,også på overtid,så har de helt klart hatt noe å diskutere og sett det som best å komme til en løsning!Så dette kommer de helt sikkert til en enighet om,uten å gå hele veien i voldgift!I Gambia er det jo bare å vente på avgjørelse om rule 41(5).Først etter den avgjørelsen vi eventuelt får litt action:)Og den meldingen nærmer seg veldig!!Her tror jeg helt klart at tålmodighet vil lønne seg kraftig.Apcl kommer til å gå flere kroner,hvis en positiv melding kommer fra enten Senegal eller Gambia:)Apcl har vært på 1kr før og vi vet jo hvor toppen var forrig gang,volumet i aksjen kan til tider være veldig stort.Så gode nyheter,vil fyre raketten!
Hvilken tidshorisont prater vi om her da, ting vil jo ta litt tid i Africa, og da mener jeg virkelig ta tid , snakker vi vinter eller neste sommer ?
Nå skal da vel Røkke til å lete i Africa og så det blir konkuranse hehe
Nå skal da vel Røkke til å lete i Africa og så det blir konkuranse hehe
Juuzen
09.09.2018 kl 22:25
10345
Gjennomsnittstiden for behandling av sakene er i følge ICSID 3,5 år. Så her kan det fort gå noen måneder til. Håpet er jo at partene kommer til enighet først.
RGTBJØRN
10.09.2018 kl 00:40
10280
Synes apcl virker positiv jeg. Kilen jeg har snakket om er fortsatt inntakt. Tror vi kan fort få en dobbling her (minst) Bare å vente.
Solux
10.09.2018 kl 08:12
10045
enig RTG!
Og det bare på volum og forventing nå i september. Er denne måneden vi får bekreftet SOSP.
Og det bare på volum og forventing nå i september. Er denne måneden vi får bekreftet SOSP.
Bakåtlutad
10.09.2018 kl 10:44
9790
men hur lång tid är genomsnittstiden inom olje- och prospekteringsbranchen? Senast APCL var i ICSID mot Gambia, om exakt samma block, tog det 10 månader från registrering av ICSID-ärende till PM om att man kommit överrens. Så jag ser snarare 10 månader än 3,5 år som riktmärke här. D.v.s. en uppdatering eller slutlig utgång kan vara myyycket nära :) Ser det som mycket positivt att det gått såpass lång tid sedan Gambia åberoade 41(5) - With no legal merit, utan att saken blivit avbruten. Det betyder ju att att saken troligtvist har stöd att hanteras under ICSID, vilket Gambia såklart hade hoppats att den inte skulle göra.
RGTBJØRN
10.09.2018 kl 11:51
9649
Håper det jeg ser er riktig,da skal apcl ha en liten runde ned mot kr. 1 , da står jeg helt klar.
Aldara
10.09.2018 kl 12:11
9590
Mye snakk om krona Bjørn...
Mener du eg ikke at den skal opp..?
Hvorfor nedom den hersens mynten med hull i først..?
Mener du eg ikke at den skal opp..?
Hvorfor nedom den hersens mynten med hull i først..?
RGTBJØRN
10.09.2018 kl 22:25
9243
Aldara, ja venter egentlig litt på en liten tur ned mot krona , det avhenger nok litt av børsen generell, svake dager så er vi fort der. Min teori er at bølgen ut av kilen kan starte rundt 1 oktober. Dette er kun min teori.
RGTBJØRN
10.09.2018 kl 22:27
9227
Selfølgelig tror jeg den skal opp, har 500k til nå og de selges ikke uansett. Svakhet gir muligheter for den risikovillige. rett eller galt.
thief
10.09.2018 kl 22:38
9187
500k er spenstig:)!Blir jo en meget pen gevinst,hvis ting går som ventet i Senegal el Gambia.Iallfall meget god følelse på at sosp havner igjen hos apcl,da er det fort opp til 3kr++:)Som apcl skrev i forrige rapport,så forberedte de seg,slik at ting ville skje raskt hvis/når de fikk lisenser tilbake!Så partnere står nok klare ved døra.Så lisens/lisenser tilbake betyr ganske sikkert oxo farmout,som igjen betyr STORT kurshopp:)Så ingen problem med på vente på avklaring!Det som er spennende er at den kan komme når som helst,så satser ikke på å stå utenfor.
RGTBJØRN
11.09.2018 kl 00:55
9036
Var jo med på siste opptur, tenkte da rundt kr.9 var toppen. Vi får se om magefølesen er riktig denne gang også.(sammen med det tekniske parametrene jeg bruker) Føler vel at det meste av nedside er bakt inn i kursen pr. idag også. Hvor høyt det event går nå er vanskelig å si .
RGTBJØRN
11.09.2018 kl 00:57
9342
thief, du virker bra sikker, hvor mange aksjer har du ?
Redigert 20.01.2021 kl 22:38
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fremogtilbake
11.09.2018 kl 06:11
9251
Sierra Leone har utsatt den planlagte lisensrunden: https://af.reuters.com/article/ghanaNews/idAFL5N1VW5M2
Det bør jo ikke ha noe å si for APCL, bortsett fra om noen absolutt vil bore der med det aller første - da kan de jo bare farme inn på APCL sine lisenser.
Det bør jo ikke ha noe å si for APCL, bortsett fra om noen absolutt vil bore der med det aller første - da kan de jo bare farme inn på APCL sine lisenser.
Redigert 20.01.2021 kl 22:38
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Warom
11.09.2018 kl 07:52
9136
Ser også at Getech Group kommenterer med dette:
Mr. Timothy Kabba, Director General of the Sierra Leone Petroleum Directorate commented: “The Republic of Sierra Leone is committed to attracting long-term investment through the development of its natural resources. The Petroleum Directorate’s mission is to deliver this investment through a process that creates maximum value for both the investor and the country’s people. I look forward to meeting with the industry during this important consultation process”
Jonathan Copus, CEO of the Getech Group commented: “The offshore waters of Sierra Leone contain proven petroleum systems and the country’s Fourth Licensing Round has generated significant levels of interest. This has led to a busy and wide-ranging dialogue with a variety of high-quality international oil and gas companies. Through a process of consultation, the staff of the Petroleum Directorate and Getech will work in partnership to narrow and focus the License Round conversation – the shared goal being the successful conclusion of that Round.”
"We are exhibiting at the 2018 PESGB African E&P Conference to demonstrate how our products can help companies in their investment decisions as licensing round partner to Sierra Leone’s Petroleum Directorate, we are also excited to be working with them at the conference to ensure that the country is optimally positioned to attract high quality oil & gas investors”.
https://getech.com/director-general-sierra-leone-petroleum-directorate-consult-petroleum-industry-investors/
https://getech.com/getech-attending-pesgb-african-ep/
Jeg liker dette, de har nok gått for tøft ut siden det er så dypt vann, altså i forhold til work program på lisensene. Siden vi gjorde avtalen (i desember) er det blitt en ny regjering, den har vi tydeligvis god dialog med. Jeg syns denne meldingen passer veldig godt til det vi kunne lese i rapporten:
Pace:
In Sierra Leone the Company continues to progress the technical work program agreed with the government to address the prospectivity and exploration drilling of the ultra-deepwater trend in our licence area. Our work to date has affirmed our belief in the high potential of this exploration opportunity. *In parallel we remain in discussion with potential partners who have participated in the Company’s data-room process. The Company has been assured of full support for this process by the Petroleum Directorate of the newly elected government*.
SIERRA LEONE
A technical work program to ‘de-risk’ the prospectivity identified in licences SL-03-17 and SL-4A-17 was agreed with the government of Sierra Leone during 2017. The program comprises subsurface studies, detailed seismic analysis, and drilling engineering studies to address all elements of the prospect description and drilling in the ultra- deepwater trend.
Well and seismic data from outside the licence area was purchased from the government to provide calibration of the regional basin model and observed seismic amplitude anomalies associated with world scale prospects in the Company’s acreage. The work to incorporate these new data into the Company’s interpretation is progressing and results to-date support the positive view of the area’s potential.
*A dialogue regarding the future direction of the work program has been initiated with the Petroleum Directorate of the newly elected government ahead of licence milestones at the end of October 2018*.
Spesielt den med "dialog" og "direction" liker jeg når dette nå kommer frem, her håper og tror jeg vi kan se noe lignende som vi hadde med Ophir. At vi(og partner) nå er i dialog med myndighetene og at vi innen 31/10 får en avtale med bedre betingelser hvor de feks kun trenger å bore på en lisens, eller får utsatt borefrist.
For å underbygge det jeg tenker, så vil jo en ny utsettelse av lisensrunden utsette myndighetenes inntekter i oljesektoren. Ergo, om vi med partner kan betale feks 1 mill dollar i extension-bonus/signatur-bonus (slik vi gjorde i CDI og som vi feks vet at Erin gjorde i Gambia) så vil nok det være en vinn/vinn for alle parter. Ikke minst vil det være positivt for Sierra Leones lisensrunde om en major går inn med oss, det vil skape mye positivt oppmerksomhet.
Mr. Timothy Kabba, Director General of the Sierra Leone Petroleum Directorate commented: “The Republic of Sierra Leone is committed to attracting long-term investment through the development of its natural resources. The Petroleum Directorate’s mission is to deliver this investment through a process that creates maximum value for both the investor and the country’s people. I look forward to meeting with the industry during this important consultation process”
Jonathan Copus, CEO of the Getech Group commented: “The offshore waters of Sierra Leone contain proven petroleum systems and the country’s Fourth Licensing Round has generated significant levels of interest. This has led to a busy and wide-ranging dialogue with a variety of high-quality international oil and gas companies. Through a process of consultation, the staff of the Petroleum Directorate and Getech will work in partnership to narrow and focus the License Round conversation – the shared goal being the successful conclusion of that Round.”
"We are exhibiting at the 2018 PESGB African E&P Conference to demonstrate how our products can help companies in their investment decisions as licensing round partner to Sierra Leone’s Petroleum Directorate, we are also excited to be working with them at the conference to ensure that the country is optimally positioned to attract high quality oil & gas investors”.
https://getech.com/director-general-sierra-leone-petroleum-directorate-consult-petroleum-industry-investors/
https://getech.com/getech-attending-pesgb-african-ep/
Jeg liker dette, de har nok gått for tøft ut siden det er så dypt vann, altså i forhold til work program på lisensene. Siden vi gjorde avtalen (i desember) er det blitt en ny regjering, den har vi tydeligvis god dialog med. Jeg syns denne meldingen passer veldig godt til det vi kunne lese i rapporten:
Pace:
In Sierra Leone the Company continues to progress the technical work program agreed with the government to address the prospectivity and exploration drilling of the ultra-deepwater trend in our licence area. Our work to date has affirmed our belief in the high potential of this exploration opportunity. *In parallel we remain in discussion with potential partners who have participated in the Company’s data-room process. The Company has been assured of full support for this process by the Petroleum Directorate of the newly elected government*.
SIERRA LEONE
A technical work program to ‘de-risk’ the prospectivity identified in licences SL-03-17 and SL-4A-17 was agreed with the government of Sierra Leone during 2017. The program comprises subsurface studies, detailed seismic analysis, and drilling engineering studies to address all elements of the prospect description and drilling in the ultra- deepwater trend.
Well and seismic data from outside the licence area was purchased from the government to provide calibration of the regional basin model and observed seismic amplitude anomalies associated with world scale prospects in the Company’s acreage. The work to incorporate these new data into the Company’s interpretation is progressing and results to-date support the positive view of the area’s potential.
*A dialogue regarding the future direction of the work program has been initiated with the Petroleum Directorate of the newly elected government ahead of licence milestones at the end of October 2018*.
Spesielt den med "dialog" og "direction" liker jeg når dette nå kommer frem, her håper og tror jeg vi kan se noe lignende som vi hadde med Ophir. At vi(og partner) nå er i dialog med myndighetene og at vi innen 31/10 får en avtale med bedre betingelser hvor de feks kun trenger å bore på en lisens, eller får utsatt borefrist.
For å underbygge det jeg tenker, så vil jo en ny utsettelse av lisensrunden utsette myndighetenes inntekter i oljesektoren. Ergo, om vi med partner kan betale feks 1 mill dollar i extension-bonus/signatur-bonus (slik vi gjorde i CDI og som vi feks vet at Erin gjorde i Gambia) så vil nok det være en vinn/vinn for alle parter. Ikke minst vil det være positivt for Sierra Leones lisensrunde om en major går inn med oss, det vil skape mye positivt oppmerksomhet.
Redigert 20.01.2021 kl 22:38
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Fluefiskeren
11.09.2018 kl 09:17
8956
Og petroleumsdirektoratet.
http://www.pd-sl.com/director-general-of-sierra-leone-petroleum-directorate-to-consult-with-petroleum-industry-investors
http://www.pd-sl.com/director-general-of-sierra-leone-petroleum-directorate-to-consult-with-petroleum-industry-investors
Redigert 20.01.2021 kl 22:38
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Solux
11.09.2018 kl 09:37
8882
Liker dette :)
Redigert 20.01.2021 kl 22:38
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thief
11.09.2018 kl 18:28
8565
RGTBJØRN skrev thief, du virker bra sikker, hvor mange aksjer har du ?
RGTBJØRN
tja,sikker og sikker:)Men stor tro på at apcl vil sitte igjen med "noe" i Senegal/Gambia,og da er kursen mye høyere enn dagens!:)Så har vi jo oxo SL!!Har ikke så dype lommer som mange andre her,men sitter med en grei pott til å være meg,140k!
tja,sikker og sikker:)Men stor tro på at apcl vil sitte igjen med "noe" i Senegal/Gambia,og da er kursen mye høyere enn dagens!:)Så har vi jo oxo SL!!Har ikke så dype lommer som mange andre her,men sitter med en grei pott til å være meg,140k!
Redigert 20.01.2021 kl 22:38
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Mrhifi
11.09.2018 kl 19:16
8474
Jeg sidder confident med 65000 aktier.....mit kurs target er stadig + 25 kr!!!! (Long)
goverments har været uprofessionelle og har ikke juridisk fulgt protokollen!!!! FACT
Bliver det en afgørende faktor i casen!!!! YES
er det en lokal dommer som tygger khat som skal vudere juridiske kontrakt forhold ????....NO!!!
PLACE YOUR BETS!!!!
APCLS LICENSER ER I VESTAFRIKA...MEN JURIDISKE UENIGHEDER BLIVER HELDIGVIS AFGJORT AF CIVILISERET PERSONER MED EN IQ HØJERE END 1 DÅSE/CANISTER OF TOMATOS.....
ENJOY THE SILENCE!!!!!
goverments har været uprofessionelle og har ikke juridisk fulgt protokollen!!!! FACT
Bliver det en afgørende faktor i casen!!!! YES
er det en lokal dommer som tygger khat som skal vudere juridiske kontrakt forhold ????....NO!!!
PLACE YOUR BETS!!!!
APCLS LICENSER ER I VESTAFRIKA...MEN JURIDISKE UENIGHEDER BLIVER HELDIGVIS AFGJORT AF CIVILISERET PERSONER MED EN IQ HØJERE END 1 DÅSE/CANISTER OF TOMATOS.....
ENJOY THE SILENCE!!!!!
Redigert 20.01.2021 kl 22:38
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Mrhifi
11.09.2018 kl 21:00
8326
Real time oil price!!! 79,16
Redigert 20.01.2021 kl 22:38
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fremogtilbake
12.09.2018 kl 06:18
8074
En interessant presentasjon fra Joseph Oufom Medau, Director E&P hos Petrosen på Africa Oil and Power 2018 Conference i forrige uke.
https://africaoilandpower.com/wp-content/uploads/2018/09/AOP-2018-Senegal-Oil-and-Gas-Discoveries-Presentation.pdf
2 ting man bør legge merke til: SOSP er fortsatt tegnet inn som APCL sin lisens (ROP er tegnet inn for Total) på side 14, og FAN South er gitt en størrelse på 152 millioner fat på side 15. Det går ikke frem om dette er OIP eller ressurser, men det er første gang jeg har sett et tall angitt, og det er større enn jeg ville ha trodd ut fra det som Cairn og partnere har lagt frem. Vi bør nok ta det tallet med en klype salt ennå, men om det er nogenlunde riktig er det i hvertfall gode nyheter for Alhamdulillah (og dermed for A1 i Gambia). Selv om det kanskje ikke i seg selv ville være kommersielt på den størrelsen på den dybden, vil det i hvertfall si at det er en source rock som har levert olje til Alhamdulillah, som kanskje gjør de overliggende strukturene veldig interessante, både på A1 og A2.
(Men for at det skal virkelig ha noe å si for APCL, må de jo først bli enige med Gambia eller vinne voldgiften).
https://africaoilandpower.com/wp-content/uploads/2018/09/AOP-2018-Senegal-Oil-and-Gas-Discoveries-Presentation.pdf
2 ting man bør legge merke til: SOSP er fortsatt tegnet inn som APCL sin lisens (ROP er tegnet inn for Total) på side 14, og FAN South er gitt en størrelse på 152 millioner fat på side 15. Det går ikke frem om dette er OIP eller ressurser, men det er første gang jeg har sett et tall angitt, og det er større enn jeg ville ha trodd ut fra det som Cairn og partnere har lagt frem. Vi bør nok ta det tallet med en klype salt ennå, men om det er nogenlunde riktig er det i hvertfall gode nyheter for Alhamdulillah (og dermed for A1 i Gambia). Selv om det kanskje ikke i seg selv ville være kommersielt på den størrelsen på den dybden, vil det i hvertfall si at det er en source rock som har levert olje til Alhamdulillah, som kanskje gjør de overliggende strukturene veldig interessante, både på A1 og A2.
(Men for at det skal virkelig ha noe å si for APCL, må de jo først bli enige med Gambia eller vinne voldgiften).
Redigert 20.01.2021 kl 22:38
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Warom
12.09.2018 kl 07:19
7990
Jeg må jo "på mange måter" si at jeg likte akkurat den fra Petrosen ;)
Først og fremst at vi står på SOSP dernest at FS1 er på "en viss" størrelse.
EDIT: I tillegg kan man jo legge merke til at T5, Elenilto og AZ er jo borte fra kartet med sine tidligere lisenser. Det er altså IKKE SOSP med oss.
Først og fremst at vi står på SOSP dernest at FS1 er på "en viss" størrelse.
EDIT: I tillegg kan man jo legge merke til at T5, Elenilto og AZ er jo borte fra kartet med sine tidligere lisenser. Det er altså IKKE SOSP med oss.
Redigert 20.01.2021 kl 22:38
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tuja
12.09.2018 kl 08:38
7859
At SOSP fortsatt står oppført som lisens til APCL på nytt kart, kan da ikke tolkes som annet enn positivt.
Og dette i en ny presentasjon i en oljekonferanse.
Nei, dette begynner å lukte fugl.
:)
Og dette i en ny presentasjon i en oljekonferanse.
Nei, dette begynner å lukte fugl.
:)
Redigert 20.01.2021 kl 22:38
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Fakevenues
12.09.2018 kl 08:41
7843
GAMBIA: LETTER TO THE EDITOR: FAR LTD DG IN THE GAMBIA RESIGNS; TONY BLAIR IS PAID $3 MILLION DOLLARS BY THE GAMBIA GOV’T!
Presently, the DG of FAR Ltd, in The Gambia, has resigned and is no longer in The Gambia. His name is Ben Clube. There is a crisis brewing with this petroleum deal, which is involving the Malaysian oil firm Petronas, Tony Blair’s Consultancy firm, GRA, Ministry of Justice, Finance and the mighty AB and Co.
Let me try and breakdown the chaos for you. Far Ltd sold 40 % shares of the two oil blocks they have acquired from The Gambia to Petronas during the Jammeh’s regime. Under Barrow rule, according to the new Petroleum laws, Petronas is supposed to pay capital gains tax on the 40 % share they are holding. But the company is refusing to pay. The Law firm entangled in all these is the AB and co which is also the firm that brought Tony Blair in The Gambia to advice and negotiate for President Barrow on everything relating to Oil.
FAR LTD is represented by AB and co. As we speak, there are negotiations going on between The Gambia government, Petronas and Far Ltd to solve this issue in which The Gambia is represented by the Blair Firm.
The reason why Petronas doesn’t want to pay CGT is because another company called ERIN, from Canada were exempted from paying taxes. GRA is gearing up to sell the assets of Petronas in The Gambia to recover the 5 million US Dollar Capital Gains Tax owed to them by the company.
Ministry of Finance under Mamburay Njie and the Justice Ministry are not playing ball. Tony Blair’s firm, who is The Gambia’s main company rep as far as oil is concerned. They are currently paid 3 Million USD for their services. This firm is also closely working with…
FAR LTD has two blocks out of the six oil blocks. Their contract which started in the summer will end after six months meaning around January. But November is the most important month for The Gambian oil exploration.
If FAR Ltd drill their blocks end of this month, by November FAR, they will know whether, the blocks are worthy or not. If they are containing the amounts speculated, then the real drama will start. There will be more oil companies coming to The Gambia to negotiate with the Blair firm, for the acquisition of the remaining four blocks. Which means more money for Blair Firm.
They are trying to convince GRA to sell the assets of Petronas in order to recovery the CGT, so that FAR can proceed with their drilling. I hope this all make sense to you. At the end of the day, we Gambians must start to request for transparency before it’s too late.
There is a committee involving The Ministry of Energy, Justice, Finance, Blair Firm, Far Ltd, and Co trying to settle this Petronas standstill. One has to remember the Petronas deal was signed during Jammeh before the new Petroleum laws. I will keep you posted…
Editors note: The views expressed by the author do not represent the position of the Freedom Newspaper. Thanks for your attention.
http://www.gambianews24.com/gambia-letter-to-the-editor-far-ltd-dg-in-the-gambia-resigns-tony-blair-is-paid-3-million-dollars-by-the-gambia-govt/
Presently, the DG of FAR Ltd, in The Gambia, has resigned and is no longer in The Gambia. His name is Ben Clube. There is a crisis brewing with this petroleum deal, which is involving the Malaysian oil firm Petronas, Tony Blair’s Consultancy firm, GRA, Ministry of Justice, Finance and the mighty AB and Co.
Let me try and breakdown the chaos for you. Far Ltd sold 40 % shares of the two oil blocks they have acquired from The Gambia to Petronas during the Jammeh’s regime. Under Barrow rule, according to the new Petroleum laws, Petronas is supposed to pay capital gains tax on the 40 % share they are holding. But the company is refusing to pay. The Law firm entangled in all these is the AB and co which is also the firm that brought Tony Blair in The Gambia to advice and negotiate for President Barrow on everything relating to Oil.
FAR LTD is represented by AB and co. As we speak, there are negotiations going on between The Gambia government, Petronas and Far Ltd to solve this issue in which The Gambia is represented by the Blair Firm.
The reason why Petronas doesn’t want to pay CGT is because another company called ERIN, from Canada were exempted from paying taxes. GRA is gearing up to sell the assets of Petronas in The Gambia to recover the 5 million US Dollar Capital Gains Tax owed to them by the company.
Ministry of Finance under Mamburay Njie and the Justice Ministry are not playing ball. Tony Blair’s firm, who is The Gambia’s main company rep as far as oil is concerned. They are currently paid 3 Million USD for their services. This firm is also closely working with…
FAR LTD has two blocks out of the six oil blocks. Their contract which started in the summer will end after six months meaning around January. But November is the most important month for The Gambian oil exploration.
If FAR Ltd drill their blocks end of this month, by November FAR, they will know whether, the blocks are worthy or not. If they are containing the amounts speculated, then the real drama will start. There will be more oil companies coming to The Gambia to negotiate with the Blair firm, for the acquisition of the remaining four blocks. Which means more money for Blair Firm.
They are trying to convince GRA to sell the assets of Petronas in order to recovery the CGT, so that FAR can proceed with their drilling. I hope this all make sense to you. At the end of the day, we Gambians must start to request for transparency before it’s too late.
There is a committee involving The Ministry of Energy, Justice, Finance, Blair Firm, Far Ltd, and Co trying to settle this Petronas standstill. One has to remember the Petronas deal was signed during Jammeh before the new Petroleum laws. I will keep you posted…
Editors note: The views expressed by the author do not represent the position of the Freedom Newspaper. Thanks for your attention.
http://www.gambianews24.com/gambia-letter-to-the-editor-far-ltd-dg-in-the-gambia-resigns-tony-blair-is-paid-3-million-dollars-by-the-gambia-govt/
Redigert 20.01.2021 kl 22:38
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Andyo
12.09.2018 kl 08:50
7810
Kan ikke si jeg er overrasket ;)
Redigert 20.01.2021 kl 22:38
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Solux
12.09.2018 kl 08:58
7784
The Law firm entangled in all these is the AB and co which is also the firm that brought Tony Blair in The Gambia to advice and negotiate for President Barrow on everything relating to Oil.
Redigert 20.01.2021 kl 22:38
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Warom
12.09.2018 kl 09:00
7779
Hehe, er det mulig :)
Enig andyo, dette er kanskje ikke overraskende. Vi kan jo tenke oss hvordan dette måtte fremstå hos ICSID i vår case om dette medfører riktighet ;)
Enig andyo, dette er kanskje ikke overraskende. Vi kan jo tenke oss hvordan dette måtte fremstå hos ICSID i vår case om dette medfører riktighet ;)
Redigert 20.01.2021 kl 22:38
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Andyo
12.09.2018 kl 09:02
7767
Legger man til at Cherie Blair - Omnia Strategy rådfører Gambia i voldgiften mot APCL samtidig som Tony Blair gjennom sin innflytelse rådfører Gambia om O&G ressurser så blir det jo morro.
http://omniastrategy.com/15-2/
Party Representatives
Claimant(s):
Clyde & Co, London, U.K.
Respondent(s):
Omnia Strategy, London, U.K.
Edi M.O. Faal, Los Angeles, CA, U.S.A.
Lucas Bastin, London, U.K.
Eller som jeg vil kalle det - a MESS
http://omniastrategy.com/15-2/
Party Representatives
Claimant(s):
Clyde & Co, London, U.K.
Respondent(s):
Omnia Strategy, London, U.K.
Edi M.O. Faal, Los Angeles, CA, U.S.A.
Lucas Bastin, London, U.K.
Eller som jeg vil kalle det - a MESS
Redigert 20.01.2021 kl 22:38
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Fakevenues
12.09.2018 kl 09:03
7755
AB and co = Amie Bensouda
Lawyer Amie Bensouda is the legal representative of FAR Ltd
http://gainako.com/oil-exploration-imminent-government-silently-grants-approval-two-oil-blocks/
OG
"The Gambia is “ready to do business” said the Hon. Fafa Sanyang, Minister of Petroleum and Energy at an exclusive ‘Promoting The Gambia: Oil & Gas Opportunity’ event hosted last week at our offices in London in association with the Gambian government and Amie Bensouda & Co LP. "
http://www.blplaw.com/expert-legal-insights/articles/the-gambia-is-ready-to-do-business
Lawyer Amie Bensouda is the legal representative of FAR Ltd
http://gainako.com/oil-exploration-imminent-government-silently-grants-approval-two-oil-blocks/
OG
"The Gambia is “ready to do business” said the Hon. Fafa Sanyang, Minister of Petroleum and Energy at an exclusive ‘Promoting The Gambia: Oil & Gas Opportunity’ event hosted last week at our offices in London in association with the Gambian government and Amie Bensouda & Co LP. "
http://www.blplaw.com/expert-legal-insights/articles/the-gambia-is-ready-to-do-business
Redigert 20.01.2021 kl 22:38
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Fluefiskeren
12.09.2018 kl 09:18
7709
Morsomt med FAN South. Her har det vært mye frem og tilbake og det er ikke lenge siden AoF skrev at vi endelig kunne glemme den fullstendig. Når det er sagt så tror jeg nok vi snakker om OIP. Det er vel ikke angitt betingede ressurser på FAN engang. Det har jo vært hevdet at SNE og FAN har samme kildebergart ( og det til tross for at FAN har en rekke forskjellige oljetyper med forskjellig tetthet). Nei, følgetongen om FAN var visst ikke helt ferdigskrevet allikevel. Den er interessant både for FAN og A1.
Redigert 20.01.2021 kl 22:38
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fremogtilbake
12.09.2018 kl 13:36
7444
Flue,
du bør skille mellom FAN og FAN South, men det antar jeg at du egentlig gjør. Jeg TROR også at det er snakk om OIP, ellers ville nok Cairn med partnere ha sagt noe om dette tallet på 152 millioner fat. Partnerne har jo ikke kvantifisert det, og så vidt jeg husker var det et utsagn fra Woodside etter deres kvartalsfremleggelse som var grunnen til at jeg sa vi kunne endelig glemme FAN South. Er det OIP og tight, er ikke 152 millioner fat verdt en utbygning på det dypet, så jeg tror nok gjerne fortsatt at man ikke bør ha for store forhåpninger om FAN South eller Alhamdulillah som prospekt. Mulig det er feil, men det vesentlige er vel i alle fall at det betyr at det er en god kildebergart lengre ned. Om reservoarkvaliteten på FAN South ikke er god nok til å være kommersiell, trenger ikke det å bety noe for strukturer høyere opp, både på A1 og for FAR sine prospekter - annet enn at de også vil ha en god sourcerock.
Fakevenues,
når det gjelder artikkelen til Freedom Newspaper, virker det vel som om det er skrevet av en person som enten ikke liker Barrow, FAR eller 2 blad Blair. Det virker som om artikkelforfatteren vet en god del, men kanskje er litt uklar på detaljer. Om det er riktig at Gambia vil selge Petronas sin andel i A2 fordi Petronas ikke vil betale en 5 millioner Capital Gains tax for å farme inn, tror jeg det vil legge en betydelig damper på petroleumssektoren i Gambia. 5 millioner i skatt for å farme ut/inn en lisens virker for meg ganske urimelig, særlig så lenge beløpene som kommer inn stort sett blir brukt til å bore for eller går inn igjen i lisensen. Umulig er det jo ikke, FAR har selv sagt at Erin skylder myndighetene 5 millioner, så da kan det vel være at dette kommer fra farmouten, og at FAR (neppe Petronas, som farmet inn) vil skylde et beløp også. Forøvrig så er jo lisensen til FAR (som APCL sine) utstedt under den gamle petroleumsloven, så det er jo ikke normalt at nye lover kan gi tilbakevirkende kraft på eksisterende lisenser.
EDIT Når alt dette er sagt, Gambia har jo godkjent farmouten til Petronas, så det er vel ikke større uenighet om skatt enn at de ihvertall har gjennomført farmouten.
Men helt klart, sagaen fortsetter...
du bør skille mellom FAN og FAN South, men det antar jeg at du egentlig gjør. Jeg TROR også at det er snakk om OIP, ellers ville nok Cairn med partnere ha sagt noe om dette tallet på 152 millioner fat. Partnerne har jo ikke kvantifisert det, og så vidt jeg husker var det et utsagn fra Woodside etter deres kvartalsfremleggelse som var grunnen til at jeg sa vi kunne endelig glemme FAN South. Er det OIP og tight, er ikke 152 millioner fat verdt en utbygning på det dypet, så jeg tror nok gjerne fortsatt at man ikke bør ha for store forhåpninger om FAN South eller Alhamdulillah som prospekt. Mulig det er feil, men det vesentlige er vel i alle fall at det betyr at det er en god kildebergart lengre ned. Om reservoarkvaliteten på FAN South ikke er god nok til å være kommersiell, trenger ikke det å bety noe for strukturer høyere opp, både på A1 og for FAR sine prospekter - annet enn at de også vil ha en god sourcerock.
Fakevenues,
når det gjelder artikkelen til Freedom Newspaper, virker det vel som om det er skrevet av en person som enten ikke liker Barrow, FAR eller 2 blad Blair. Det virker som om artikkelforfatteren vet en god del, men kanskje er litt uklar på detaljer. Om det er riktig at Gambia vil selge Petronas sin andel i A2 fordi Petronas ikke vil betale en 5 millioner Capital Gains tax for å farme inn, tror jeg det vil legge en betydelig damper på petroleumssektoren i Gambia. 5 millioner i skatt for å farme ut/inn en lisens virker for meg ganske urimelig, særlig så lenge beløpene som kommer inn stort sett blir brukt til å bore for eller går inn igjen i lisensen. Umulig er det jo ikke, FAR har selv sagt at Erin skylder myndighetene 5 millioner, så da kan det vel være at dette kommer fra farmouten, og at FAR (neppe Petronas, som farmet inn) vil skylde et beløp også. Forøvrig så er jo lisensen til FAR (som APCL sine) utstedt under den gamle petroleumsloven, så det er jo ikke normalt at nye lover kan gi tilbakevirkende kraft på eksisterende lisenser.
EDIT Når alt dette er sagt, Gambia har jo godkjent farmouten til Petronas, så det er vel ikke større uenighet om skatt enn at de ihvertall har gjennomført farmouten.
Men helt klart, sagaen fortsetter...
Redigert 20.01.2021 kl 22:38
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Fakevenues
12.09.2018 kl 14:03
7371
GAMBIA: ARE THEY BEHIND THE LEAK ON THE FABB CORRUPTION SCANDAL?
"President Adama Barrow and his family are being undermined by the very people, who aided and abetted them in their new quest for material world and financial possession.
There will be more leaks to come. The FABB Foundation scandal is just the beginning."
http://www.gambianews24.com/gambia-are-they-behind-the-leak-on-the-fabb-corruption-scandal/
"President Adama Barrow and his family are being undermined by the very people, who aided and abetted them in their new quest for material world and financial possession.
There will be more leaks to come. The FABB Foundation scandal is just the beginning."
http://www.gambianews24.com/gambia-are-they-behind-the-leak-on-the-fabb-corruption-scandal/
Redigert 20.01.2021 kl 22:38
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Solux
12.09.2018 kl 14:23
7318
denne er ny fra i går; Kan ikke si jeg likte den...
https://www.ecofinagency.com/oil-and-gas/1109-38944-senegal-to-auction-10-oil-block-licenses-next-year
(Ecofin Agency) - Between Q1 and Q2, 2019 Senegal will issue licenses for 10 oil blocks (one onshore block included), Mamadou Faye (photo), the public oil company Petrosen's managing director informed last week.
These licenses should certainly be won by large groups. Indeed, a few months ago, the government said that the aim of those license deliverance is to attract large groups. This was, by the way, the reason why African Petroleum’s license was canceled.
Mamadou Faye further indicated that a new petroleum code meeting the market requirements is being prepared and should be completed before the end of 2018.
“I can tell you that we are preparing a new law that will be published this year. After its publication, we will open most of the oil blocks that are not available now”, the official declared according to a statement reported by Intellivoire.
The country should start producing oil in 2021 and LNG later.
Olivier de Souza
https://www.ecofinagency.com/oil-and-gas/1109-38944-senegal-to-auction-10-oil-block-licenses-next-year
(Ecofin Agency) - Between Q1 and Q2, 2019 Senegal will issue licenses for 10 oil blocks (one onshore block included), Mamadou Faye (photo), the public oil company Petrosen's managing director informed last week.
These licenses should certainly be won by large groups. Indeed, a few months ago, the government said that the aim of those license deliverance is to attract large groups. This was, by the way, the reason why African Petroleum’s license was canceled.
Mamadou Faye further indicated that a new petroleum code meeting the market requirements is being prepared and should be completed before the end of 2018.
“I can tell you that we are preparing a new law that will be published this year. After its publication, we will open most of the oil blocks that are not available now”, the official declared according to a statement reported by Intellivoire.
The country should start producing oil in 2021 and LNG later.
Olivier de Souza
Redigert 20.01.2021 kl 22:38
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Turbon
12.09.2018 kl 14:57
7247
Så de mener at apcl er ute...
Redigert 20.01.2021 kl 22:38
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fremogtilbake
12.09.2018 kl 15:11
7206
Solux,
ville ikke legge for mye i diverse artikler og utsagn, før de er offisielle. Det gjelder ting som kan virke som de er i APCL sitt favør, og de som slett ikke er det. Det er vel ingen hemmelighet at Senegal har tatt ROP lisensen og gitt den til Total, og at de mye heller vil ha større selskaper som faktisk har muskler til å bore enn småselskaper som faktisk ikke får det til? Så det er vel ikke noe nytt i denne artikkelen.
Hvis Senegal ikke har gitt signaler til APCL om at de har andre planer for SOSP enn å la APCL beholde den, ville det jo ikke være noen grunn til å gå til voldgift for den lisensen? Jeg er jo klar over at APCL fortsatt står på alle kart (senest det jeg la ut tidligere i dag) som lisensinnehaver på SOSP, men inntil Senegal eventuelt gir lisensen til andre eller trekker den tilbake, er de jo lisensinnehaver. Akkurat nå kan de kanskje ikke gjøre noe på den lisensen, men det er en annen sak.
Men det blir vel kanskje slik at det ikke skjer noe videre på SOSP før den nye petroleumsloven er ferdig. Uavhengig av hvor man ender, er det vel ikke noe poeng for Senegal å gjøre noe den ene eller andre veien før oljeloven er ferdig. Kanskje de da vil kansellere SOSP, kanskje de vil la APCL beholde den men under nye betingelser under den nye petroleumsloven. Det er jo naturlig at de forlanger at en av betingelsene for at APCL eventuelt kan beholde lisensen er å konvertere den til en PSC under den nye petroleumsloven, uten at jeg skal ha noen mening ennå om det er bedre for selskaper å ha lisenser under den nye eller gamle oljeloven. Vil vel tro at de kommer til å være mye klarere på blant annet forpliktelser og termineringer i fremtidige PSCer under den nye oljeloven, slik at de unngår slike situasjoner som de har rotet seg opp i nå.
ville ikke legge for mye i diverse artikler og utsagn, før de er offisielle. Det gjelder ting som kan virke som de er i APCL sitt favør, og de som slett ikke er det. Det er vel ingen hemmelighet at Senegal har tatt ROP lisensen og gitt den til Total, og at de mye heller vil ha større selskaper som faktisk har muskler til å bore enn småselskaper som faktisk ikke får det til? Så det er vel ikke noe nytt i denne artikkelen.
Hvis Senegal ikke har gitt signaler til APCL om at de har andre planer for SOSP enn å la APCL beholde den, ville det jo ikke være noen grunn til å gå til voldgift for den lisensen? Jeg er jo klar over at APCL fortsatt står på alle kart (senest det jeg la ut tidligere i dag) som lisensinnehaver på SOSP, men inntil Senegal eventuelt gir lisensen til andre eller trekker den tilbake, er de jo lisensinnehaver. Akkurat nå kan de kanskje ikke gjøre noe på den lisensen, men det er en annen sak.
Men det blir vel kanskje slik at det ikke skjer noe videre på SOSP før den nye petroleumsloven er ferdig. Uavhengig av hvor man ender, er det vel ikke noe poeng for Senegal å gjøre noe den ene eller andre veien før oljeloven er ferdig. Kanskje de da vil kansellere SOSP, kanskje de vil la APCL beholde den men under nye betingelser under den nye petroleumsloven. Det er jo naturlig at de forlanger at en av betingelsene for at APCL eventuelt kan beholde lisensen er å konvertere den til en PSC under den nye petroleumsloven, uten at jeg skal ha noen mening ennå om det er bedre for selskaper å ha lisenser under den nye eller gamle oljeloven. Vil vel tro at de kommer til å være mye klarere på blant annet forpliktelser og termineringer i fremtidige PSCer under den nye oljeloven, slik at de unngår slike situasjoner som de har rotet seg opp i nå.
Redigert 20.01.2021 kl 22:38
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