Selskapsoppdatering - tranche 2a, 2b og rep emi
PetroNor E&P Limited
(“PetroNor” or the “Company”)
Issuance of Tranche 2a and Tranche 2b Private Placement Offer Shares, Subsequent
Offering update, mandatory notification of trade and mandatory disclosure of
shareholdings
PetroNor (OSE ticker: “PNOR”), the independent oil and gas exploration and
production company with a focus on sub-Saharan Africa, provides the following
corporate update.
Issuance of Tranche 2a and Tranche 2b Private Placement Offer Shares
Reference is made to the announcement released by PetroNor on 12 March 2021,
regarding completion of a NOK 340 million Private Placement associated with the
acquisition of an additional interest in PNGF Sud, Congo. The 224,727,273
ordinary shares related to Tranche 2a and 2b of the Private Placement have now
been issued, whereof:
138,763,636 ordinary shares for Tranche 2a of the Private Placement issued in
kind as consideration for the Symero transaction, and
85,963,637 ordinary shares for Tranche 2b of the Private Placement issued for
cash.
The shares issued under Tranche 2a and 2b have been issued under a separate ISIN
(ISIN AU0000140857) and will remain unlisted until the Listing Prospectus is
approved by the FSA and published by the Company.
Subsequent Offering update
As previously referenced in the announcement dated 12 March 2021, the Company
continues to contemplate a Subsequent Offering of new shares without tradable
subscription rights of up to 60,000,000 new shares in the Company at a
subscription price of NOK 1.10 per share. The contemplated Subsequent Offering
will be directed towards existing shareholders of the Company as of close of
trading on Oslo Euronext Expand on 11 March 2021 (record date 15 March 2021).
The final decision on the Subsequent Offering will be dictated inter alia by the
share price at the time of issuing the Listing Prospectus.
Listing Prospectus Timing
A combined Listing Prospectus for listing of the Offer Shares in Tranche 2a and
Tranche 2b and for the offering of shares in the contemplated Subsequent
Offering has been filed with the FSA and the Company is awaiting the second
round of feedback. The requirement to prepare pro forma information for the now
complete transaction with Svenska Petroleum Exploration AB, and transactions
subject to completion with Panoro Energy ASA and Yinka Folawiyo Petroleum
Company Ltd, have added complexity and input necessary from third parties to
prepare the Listing Prospectus, which was submitted to the FSA in June. The
Company has been informed that the FSA is presently dealing with a backlog of
prospectuses and a busy pipeline of activity during the summer vacation period,
and the process is therefore taking longer than previously anticipated.
The Company will provide the market with an update as soon as it has received
feedback on the prospectus.
Commenting on the update, CEO Knut Søvold said:
“We are pleased to have completed the private placement and look forward to
putting the capital to work in line with our stated growth strategy.
As a reminder, the acquisition of an additional interest in PNGF Sud, Congo and
the associated private placement strengthen our growth platform with solid
production and strong free cash flow, delivering a material impact to our
financials. The transactions also provide us with the necessary funding to cover
our enhanced share of the infill drilling programme at PNGF Sud which is
intended to further boost production and prove up reserves from this quality
asset. We are very pleased with the timing of these transactions given the
improving macro backdrop of strong oil prices which enhance the economics of the
project on a go forward basis, as well as the value accretive nature of the
transactions for our shareholders.”
Mandatory Notification of Trade
On 15 March 2021, the Company advised that the Private Placement allocation to
Petromal Sole Proprietorship LLC (“Petromal”) was corrected due to a rounding in
the USD/NOK rate used for conversion of the USD 18 million subscription by
Symero. As a result, Petromal’s allocation was reduced by 380,909 shares. To
offset this reduced allocation, on 8 July 2021, Petromal purchased 380,909
shares for NOK 419,000, equivalent to NOK 1.10 per share, from SpareBank 1
Markets AS. Following this purchase, Petromal owns a total of 481,481,666 shares
in the Company.
Mandatory Disclosure of Shareholdings
The Company had 1,056,028,924 ordinary shares prior to the issue of shares for
Tranche 2a and 2b of the Private Placement. Following the issuance of the
Tranche 2a and 2b shares, the Company has 1,280,756,197 ordinary shares in
issue. Following iussue of the Tranche 2a shares, Symero Ltd, a 100% owned
subsidiary of NOR Energy AS, has increased its shareholding in the Company from
0 (zero) to 138,763,636 shares, representing 10.8% of the total issued shares in
the Company, Symero Ltd thus crossing the 10% threshold for disclosure of
shareholdings. NOR Energy AS, through own holding of shares in the Company and
the shares owned by Symero Ltd, has increased its ownership and control over
shares in the Company from 143,555,857 to a total of 282,319,493, which
represents 22% of the total shares issued by the Company. NOR Energy AS has
thereby crossed the 20% threshold for disclosure of shareholdings.
Shareholdings by Major Shareholders
Following issue of the shares in Tranche 2a and 2b, major shareholders of the
Company own the following number of shares:
Shares as at % Private Placement Share Purchase Shares as at %
7 July 2021 shares issued 8 July 2021 9 July 2021
Tranche 2a & 2b
Petromal Sole
Proprietorship
LLC* 395,137,120 37.4% 85,963,637 380,909 481,481,66
37.6%
Symero Ltd** - - 138,763,636 - 138,763,636
10.8%
Nor Energy AS***
Direct 143,555,857 13.6% - - 143,555,857
11.2%
Indirect via
subsidiary
Symero Ltd - - 138,763,636 - 138,763,636
10.8%
Subtotal 143,555,857 13.6% 138,763,636 - 282,319,493
22.0%
Total Shares
in issue 1,056,028,924 100% 224,727,273 - 1,280,756,197
100%
* Non-Executive Chairman, Mr. Alhomouz is the CEO of Petromal LLC
** Symero Ltd is the 100% subsidiary company of Nor Energy AS
*** Nor Energy AS is a company controlled jointly by CEO Mr. Søvold and former
Director, Mr. Ludvigsen, through indirect beneficial interest. Further,
45,000,000 shares are held by Gulshagen III AS and 45,000,000 shares are held by
Gulshagen IV AS, both companies controlled by Mr. Søvold through an indirect
beneficial interest.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
*****
For further information, please contact:
Knut Søvold, Chief Executive Officer
Chris Butler, Group Financial Controller
info@petronorep.com
Media Contacts:
Buchanan
Ben Romney
Tel: +44 207 466 5000
About PetroNor E&P
PetroNor E&P Limited is a sub-Saharan focused independent oil and gas
exploration and production company listed on Oslo Euronext Expand with the
ticker PNOR. PetroNor holds exploration and production assets offshore West
Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license
in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in
Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in
Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).
(“PetroNor” or the “Company”)
Issuance of Tranche 2a and Tranche 2b Private Placement Offer Shares, Subsequent
Offering update, mandatory notification of trade and mandatory disclosure of
shareholdings
PetroNor (OSE ticker: “PNOR”), the independent oil and gas exploration and
production company with a focus on sub-Saharan Africa, provides the following
corporate update.
Issuance of Tranche 2a and Tranche 2b Private Placement Offer Shares
Reference is made to the announcement released by PetroNor on 12 March 2021,
regarding completion of a NOK 340 million Private Placement associated with the
acquisition of an additional interest in PNGF Sud, Congo. The 224,727,273
ordinary shares related to Tranche 2a and 2b of the Private Placement have now
been issued, whereof:
138,763,636 ordinary shares for Tranche 2a of the Private Placement issued in
kind as consideration for the Symero transaction, and
85,963,637 ordinary shares for Tranche 2b of the Private Placement issued for
cash.
The shares issued under Tranche 2a and 2b have been issued under a separate ISIN
(ISIN AU0000140857) and will remain unlisted until the Listing Prospectus is
approved by the FSA and published by the Company.
Subsequent Offering update
As previously referenced in the announcement dated 12 March 2021, the Company
continues to contemplate a Subsequent Offering of new shares without tradable
subscription rights of up to 60,000,000 new shares in the Company at a
subscription price of NOK 1.10 per share. The contemplated Subsequent Offering
will be directed towards existing shareholders of the Company as of close of
trading on Oslo Euronext Expand on 11 March 2021 (record date 15 March 2021).
The final decision on the Subsequent Offering will be dictated inter alia by the
share price at the time of issuing the Listing Prospectus.
Listing Prospectus Timing
A combined Listing Prospectus for listing of the Offer Shares in Tranche 2a and
Tranche 2b and for the offering of shares in the contemplated Subsequent
Offering has been filed with the FSA and the Company is awaiting the second
round of feedback. The requirement to prepare pro forma information for the now
complete transaction with Svenska Petroleum Exploration AB, and transactions
subject to completion with Panoro Energy ASA and Yinka Folawiyo Petroleum
Company Ltd, have added complexity and input necessary from third parties to
prepare the Listing Prospectus, which was submitted to the FSA in June. The
Company has been informed that the FSA is presently dealing with a backlog of
prospectuses and a busy pipeline of activity during the summer vacation period,
and the process is therefore taking longer than previously anticipated.
The Company will provide the market with an update as soon as it has received
feedback on the prospectus.
Commenting on the update, CEO Knut Søvold said:
“We are pleased to have completed the private placement and look forward to
putting the capital to work in line with our stated growth strategy.
As a reminder, the acquisition of an additional interest in PNGF Sud, Congo and
the associated private placement strengthen our growth platform with solid
production and strong free cash flow, delivering a material impact to our
financials. The transactions also provide us with the necessary funding to cover
our enhanced share of the infill drilling programme at PNGF Sud which is
intended to further boost production and prove up reserves from this quality
asset. We are very pleased with the timing of these transactions given the
improving macro backdrop of strong oil prices which enhance the economics of the
project on a go forward basis, as well as the value accretive nature of the
transactions for our shareholders.”
Mandatory Notification of Trade
On 15 March 2021, the Company advised that the Private Placement allocation to
Petromal Sole Proprietorship LLC (“Petromal”) was corrected due to a rounding in
the USD/NOK rate used for conversion of the USD 18 million subscription by
Symero. As a result, Petromal’s allocation was reduced by 380,909 shares. To
offset this reduced allocation, on 8 July 2021, Petromal purchased 380,909
shares for NOK 419,000, equivalent to NOK 1.10 per share, from SpareBank 1
Markets AS. Following this purchase, Petromal owns a total of 481,481,666 shares
in the Company.
Mandatory Disclosure of Shareholdings
The Company had 1,056,028,924 ordinary shares prior to the issue of shares for
Tranche 2a and 2b of the Private Placement. Following the issuance of the
Tranche 2a and 2b shares, the Company has 1,280,756,197 ordinary shares in
issue. Following iussue of the Tranche 2a shares, Symero Ltd, a 100% owned
subsidiary of NOR Energy AS, has increased its shareholding in the Company from
0 (zero) to 138,763,636 shares, representing 10.8% of the total issued shares in
the Company, Symero Ltd thus crossing the 10% threshold for disclosure of
shareholdings. NOR Energy AS, through own holding of shares in the Company and
the shares owned by Symero Ltd, has increased its ownership and control over
shares in the Company from 143,555,857 to a total of 282,319,493, which
represents 22% of the total shares issued by the Company. NOR Energy AS has
thereby crossed the 20% threshold for disclosure of shareholdings.
Shareholdings by Major Shareholders
Following issue of the shares in Tranche 2a and 2b, major shareholders of the
Company own the following number of shares:
Shares as at % Private Placement Share Purchase Shares as at %
7 July 2021 shares issued 8 July 2021 9 July 2021
Tranche 2a & 2b
Petromal Sole
Proprietorship
LLC* 395,137,120 37.4% 85,963,637 380,909 481,481,66
37.6%
Symero Ltd** - - 138,763,636 - 138,763,636
10.8%
Nor Energy AS***
Direct 143,555,857 13.6% - - 143,555,857
11.2%
Indirect via
subsidiary
Symero Ltd - - 138,763,636 - 138,763,636
10.8%
Subtotal 143,555,857 13.6% 138,763,636 - 282,319,493
22.0%
Total Shares
in issue 1,056,028,924 100% 224,727,273 - 1,280,756,197
100%
* Non-Executive Chairman, Mr. Alhomouz is the CEO of Petromal LLC
** Symero Ltd is the 100% subsidiary company of Nor Energy AS
*** Nor Energy AS is a company controlled jointly by CEO Mr. Søvold and former
Director, Mr. Ludvigsen, through indirect beneficial interest. Further,
45,000,000 shares are held by Gulshagen III AS and 45,000,000 shares are held by
Gulshagen IV AS, both companies controlled by Mr. Søvold through an indirect
beneficial interest.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
*****
For further information, please contact:
Knut Søvold, Chief Executive Officer
Chris Butler, Group Financial Controller
info@petronorep.com
Media Contacts:
Buchanan
Ben Romney
Tel: +44 207 466 5000
About PetroNor E&P
PetroNor E&P Limited is a sub-Saharan focused independent oil and gas
exploration and production company listed on Oslo Euronext Expand with the
ticker PNOR. PetroNor holds exploration and production assets offshore West
Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license
in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in
Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in
Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).
Redigert 15.08.2021 kl 22:35
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FkL
19.08.2021 kl 13:12
5787
Ja, da ble det faktisk comeback i PEN for nå fikk jeg dem :) Bare en liten pott på noen tusen aksjer da, men gøy allikevel. Nå må vi bare få fullført denne rep emien i PetroNor også, så er jeg enda mer solid eksportert i olje. Fremstår vel her som antigrønn :)
Redigert 19.08.2021 kl 13:14
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Fluefiskeren
19.08.2021 kl 13:17
5824
Jeg har to grønne alibier. I hvert fall hvis man legger godsiden til. Yara og Vow. Begge har jeg en bra papirgevinst på i øyeblikket. Gjelder å finne solide selskaper med inntjening også innen dette segmentet. Yara er også raus med utbytter.
FkL
19.08.2021 kl 18:58
5681
Flotte utsikter og storsatsing på olje i Kongo. Her er det ikke mange bekymringer for oss. Vi produserer utvilsomt på rett sted.
OPEC SECRETARY GENERAL EMPHASIZES THE VALUE OF AFRICA’S OIL SECTOR IN HISTORIC STATE VISIT TO CONGO-BRAZZAVILLE.
August 18, 2021
The country has made moves to significantly expand exploration and production with accelerated efforts made by International Oil Companies such as Total, Chevron, Perenco, Eni, Qatar Petroleum and Lukoil. With current production estimated at 336,000 barrels per day, and government targets to significantly increase this figure, the Congo is inviting increased local and international stakeholder participation in the country’s upstream and midstream industries.
https://panafricanvisions.com/2021/08/opec-secretary-general-emphasizes-the-value-of-africas-oil-sector-in-historic-state-visit-to-congo-brazzaville/
OPEC SECRETARY GENERAL EMPHASIZES THE VALUE OF AFRICA’S OIL SECTOR IN HISTORIC STATE VISIT TO CONGO-BRAZZAVILLE.
August 18, 2021
The country has made moves to significantly expand exploration and production with accelerated efforts made by International Oil Companies such as Total, Chevron, Perenco, Eni, Qatar Petroleum and Lukoil. With current production estimated at 336,000 barrels per day, and government targets to significantly increase this figure, the Congo is inviting increased local and international stakeholder participation in the country’s upstream and midstream industries.
https://panafricanvisions.com/2021/08/opec-secretary-general-emphasizes-the-value-of-africas-oil-sector-in-historic-state-visit-to-congo-brazzaville/
Redigert 19.08.2021 kl 19:01
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thief
19.08.2021 kl 19:42
5643
Som sagt,Afrika vil være stedet å produsere fremover.Der kommer det INGEN miljørestriksjoner.Vi er perfekt posisjonert🙂Og vi er veldig heldige som har hovedproduksjonen i congo-brazzaville,med en ekstremt lav break even og lav OPEX!Når skal folk skjønne at Petronor er/blir en pengemaskin!Gleder meg til q2,både tall og guiding!
Redigert 19.08.2021 kl 19:45
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Fluefiskeren
19.08.2021 kl 23:12
5542
Ingen miljørestriksjoner? Det tror jeg heldigvis ikke er riktig. Eksempelvis tror jeg det flere land som forbyr fakling. Ekvatorial Guinea er en av dem.
thief
19.08.2021 kl 23:19
5548
Tenkte mer på utvikling av nye oljefelt osv,at de vil øke produksjonen så mye de kan,og at de vil legge til rette for dette🙂
Det kan være frykten for nye emisjoner som drar ned aksjen. Utvikling, boring, i nye felt vil kreve mye penger.
thief
20.08.2021 kl 10:17
5382
De har akkurat fylt kassa,så hele drillingkampanjen i congo er finansiert.Dette vil øke produksjonen med ytterligere rundt 30%🙂Da er vi godt over 5000fat,som genererer mye penger.I tillegg så er det bare å høre på den siste presentasjonen.Der de forteller om finansiering, blir ingen emisjoner her med det første. Neste kjøp gjøres på en annen måte. Verdiene vil stige,uten flere aksjer.Vil si at kursen burde få et solid hopp, ved neste kjøp.Og de virket trygge på at dette kom i løpet av 2021.
FkL
20.08.2021 kl 17:31
5141
Vi får ta med oss at dollaren stiger. Det gjør at det vi sitter igjen med ikke faller i nærheten av det oljen faller.
Dollar holds firm as risk aversion hammers Canadian dollar, Aussie
By Kevin Buckland
TOKYO, Aug 20 (Reuters) - The safe-haven U.S. dollar hovered near a 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta coronavirus variant could delay the global economic recovery.
https://www.reuters.com/world/middle-east/dollar-holds-firm-risk-aversion-hammers-canadian-dollar-aussie-2021-08-20/
Dollar holds firm as risk aversion hammers Canadian dollar, Aussie
By Kevin Buckland
TOKYO, Aug 20 (Reuters) - The safe-haven U.S. dollar hovered near a 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta coronavirus variant could delay the global economic recovery.
https://www.reuters.com/world/middle-east/dollar-holds-firm-risk-aversion-hammers-canadian-dollar-aussie-2021-08-20/
Fluefiskeren
20.08.2021 kl 22:44
4973
Da er olja på sitt laveste nivå siden i midten av april. Det har gått fort ned i august. Ingen dramatikk likevel synes jeg, men det hadde nå vært greit med et lite løft på slutten av måneden.
Og det er for det meste pandemien som får skylda. Altfor mange hadde nærmest avskrevet viruset.
« Oil capped the week with the longest losing streak since 2019 as the dollar strengthened after the Federal Reserve signaled it will start tapering stimulus and the virus resurgence raises doubts about demand growth.
West Texas Intermediate futures ended the session 2.2% lower, tumbling for a seventh day and extending the week’s decline to 8.9%. Other raw materials including copper and iron ore fell on Thursday following the Fed’s signal. The Bloomberg Dollar Spot Index has risen every day this week, making commodities priced in the currency less appealing. The pandemic remains a threat to energy demand, especially across Asia, with key importer China restricting mobility to combat an outbreak.»
https://www.rigzone.com/news/wire/oil_extended_losing_streak_friday_to_seven_days_longest_since_2019-20-aug-2021-166233-article/
Og det er for det meste pandemien som får skylda. Altfor mange hadde nærmest avskrevet viruset.
« Oil capped the week with the longest losing streak since 2019 as the dollar strengthened after the Federal Reserve signaled it will start tapering stimulus and the virus resurgence raises doubts about demand growth.
West Texas Intermediate futures ended the session 2.2% lower, tumbling for a seventh day and extending the week’s decline to 8.9%. Other raw materials including copper and iron ore fell on Thursday following the Fed’s signal. The Bloomberg Dollar Spot Index has risen every day this week, making commodities priced in the currency less appealing. The pandemic remains a threat to energy demand, especially across Asia, with key importer China restricting mobility to combat an outbreak.»
https://www.rigzone.com/news/wire/oil_extended_losing_streak_friday_to_seven_days_longest_since_2019-20-aug-2021-166233-article/
FkL
21.08.2021 kl 10:15
4783
Den reduksjonen vi ser i markedet nå, som også artikkelen din tydelig beskriver, skyldes dollarstigningen og frykt for nedgang i etterspørsel på grunn av delta. Dette handler for det meste, foreløpig, om psykologi. I tillegg så vil jeg igjen påpeke at $65 er like høyt nivå som før pandemien. Som jeg også har skrevet tidligere så drar både USA og Kina på sine lagre og således er med på å dra etterspørselen noe ned. Det kommer de ikke til å gjøre i det uendelige. Dollaren kan også stige ytterligere og det kan dra noe ned, men vi ser nok ikke store droppet. Dollarstigning kan jo også være positivt for oss der vi kjøper tjenester i annen valuta.
Pris på oljen er nok litt mer sammensatt enn bare faktisk etterspørsel og jeg tror som før at dagens varianter ikke vil kunne gi samme dropp som kom i starten og da sammen med priskrigen. Markedet er derimot skvettent, men der har vi OPEC+.
Frykt for dropp i etterspørsel har absolutt dradd prisen noe ned, men vi har meget gode priser fremdeles og frykt kommer ikke til å trumfe reell etterspørsel over tid. Derimot så skal OPEC+ øke ytterligere og stor nedstengning vil sikkert kunne stagnere veksten, men det vi ser nå tror jeg er en overreaksjon. Dersom situasjonen endrer seg betraktelig så justerer nok også OPEC+ på sine månedsmøter. Vi får se fremover.
Alle som kjøper olje synes $70+ er for stivt, derfor drar både USA og Kina på lagre. De vil absolutt ha prisen ned. Det er noe jeg har påpekt flere ganger og jeg tror det beste er om vi ligger rundt dette nivået.
MEN, betyr dette noe for PetroNor? Jeg tror ikke det og forventer som før at for vår del så snakker vi om meget god fortjeneste eller ekstremt god fortjeneste. Jeg stoler også på at OPEC+ sikrer akkurat dette uansett virussituasjon, nettopp fordi deres økonomi er kritisk avhengige av dette.
Jeg er derfor fremdeles null bekymret, men dette er veldig interessant og jeg håper at både FF og flere vil komme med ytterligere synspunkter. Hva tenker dere?
Pris på oljen er nok litt mer sammensatt enn bare faktisk etterspørsel og jeg tror som før at dagens varianter ikke vil kunne gi samme dropp som kom i starten og da sammen med priskrigen. Markedet er derimot skvettent, men der har vi OPEC+.
Frykt for dropp i etterspørsel har absolutt dradd prisen noe ned, men vi har meget gode priser fremdeles og frykt kommer ikke til å trumfe reell etterspørsel over tid. Derimot så skal OPEC+ øke ytterligere og stor nedstengning vil sikkert kunne stagnere veksten, men det vi ser nå tror jeg er en overreaksjon. Dersom situasjonen endrer seg betraktelig så justerer nok også OPEC+ på sine månedsmøter. Vi får se fremover.
Alle som kjøper olje synes $70+ er for stivt, derfor drar både USA og Kina på lagre. De vil absolutt ha prisen ned. Det er noe jeg har påpekt flere ganger og jeg tror det beste er om vi ligger rundt dette nivået.
MEN, betyr dette noe for PetroNor? Jeg tror ikke det og forventer som før at for vår del så snakker vi om meget god fortjeneste eller ekstremt god fortjeneste. Jeg stoler også på at OPEC+ sikrer akkurat dette uansett virussituasjon, nettopp fordi deres økonomi er kritisk avhengige av dette.
Jeg er derfor fremdeles null bekymret, men dette er veldig interessant og jeg håper at både FF og flere vil komme med ytterligere synspunkter. Hva tenker dere?
Redigert 21.08.2021 kl 10:33
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Hobby Investor
21.08.2021 kl 11:20
4771
Deler dine tanker fullt ut FKL.
OPEC+ kommer til å beskytte et pris ras på olje. Olje verden fikk føle på krisen når oljen gikk ned i grusen q2 2020.
Petronor tjener gode penger på 40 dollar også.
Selskapet har nå klart å øke produksjonen under en periode vi har hatt hysteriske priser på olje. Dette har styrket hele selskapet og rigger oss for raskere vekst fremover. Skal bli moro å se cash situasjonen etter q2 og ikke minst q3.
Gleder meg til halvårs tall og guiding fra ledelsen.
OPEC+ kommer til å beskytte et pris ras på olje. Olje verden fikk føle på krisen når oljen gikk ned i grusen q2 2020.
Petronor tjener gode penger på 40 dollar også.
Selskapet har nå klart å øke produksjonen under en periode vi har hatt hysteriske priser på olje. Dette har styrket hele selskapet og rigger oss for raskere vekst fremover. Skal bli moro å se cash situasjonen etter q2 og ikke minst q3.
Gleder meg til halvårs tall og guiding fra ledelsen.
thief
21.08.2021 kl 22:24
4531
For de som ikke har hørt den siste presentasjonen,burde de ta en titt.Mye positivt 🙂Så kan man jo høre fra ca 38min og ut resten av presentasjonen, der EYAS forteller litt rundt finansiering og målet om 30k.De virker veldig selvsikre,og at de vil levere noe positivt(kjøp) i løpet av 2021!Liten tvil om at petronor vil øke verdiene enormt fremover.De sier også at de er i posisjon til utbytte,når de kommer til 15-20k i produksjon.De skal være på 30k innen drøye 2 år,så utbytte kan være aktuelt allerede om 12-18mnd🙂
https://inqrate.com/xtravideos/petronor-ep-presentation-june-1st-2021/
https://inqrate.com/xtravideos/petronor-ep-presentation-june-1st-2021/
Redigert 22.08.2021 kl 16:53
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FkL
22.08.2021 kl 15:58
4217
Fremdeles ikke kommet noe informasjon om lisensrunden i Senegal. Virker som neste mulighet er MSGBC i desember. Blir veldig overrasket hvis det ikke kommer noe der heller.
The Ministry of Petroleum and Energy, the Permanent Secretariat of COS-PETROGAZ and the Business Council of Renewable Energies of Senegal (COPERES), organize, in partnership with Energy Capital and Power (ECP), the MSGBC Oil, Gas & Power 2021 on energy, December 1, 2 and 3, 2021 at the Center International de Conférence Abdou DIOUF (CICAD) in Diamniadio.
https://senpetrogaz.sn/2021/08/19/conference-exposition-msgbc-oil-gas-and-power-le-senegal-veut-fortifier-les-investissements-dans-le-secteur-de-lenergie/
The Ministry of Petroleum and Energy, the Permanent Secretariat of COS-PETROGAZ and the Business Council of Renewable Energies of Senegal (COPERES), organize, in partnership with Energy Capital and Power (ECP), the MSGBC Oil, Gas & Power 2021 on energy, December 1, 2 and 3, 2021 at the Center International de Conférence Abdou DIOUF (CICAD) in Diamniadio.
https://senpetrogaz.sn/2021/08/19/conference-exposition-msgbc-oil-gas-and-power-le-senegal-veut-fortifier-les-investissements-dans-le-secteur-de-lenergie/
Redigert 22.08.2021 kl 15:59
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FkL
22.08.2021 kl 19:33
4062
Jaggu var det ikke litt kongelig blod i vår CEO i Nigeria også :)
21st August 2021 is a proud day for the Itsekiri Nation. We crowned our 21st King, 37 years old Ogiame Atuwase III, a well educated, successful businessman as the new Olu of Warri. My he reign long and bring prosperity to the Itsekiri Kingdom. I as an Itsekiri man, and a member of the extended royal family (Omateye lineage) am very happy about the choice of the King makers and the majority of the Itsekiri people. Tee Mac Omatshola Iseli.
https://www.linkedin.com/posts/dr-tee-mac-omatshola-iseli-mfr-85127218_21st-august-2021-is-a-proud-day-for-the-itsekiri-activity-6835260993740775424-m5gL
21st August 2021 is a proud day for the Itsekiri Nation. We crowned our 21st King, 37 years old Ogiame Atuwase III, a well educated, successful businessman as the new Olu of Warri. My he reign long and bring prosperity to the Itsekiri Kingdom. I as an Itsekiri man, and a member of the extended royal family (Omateye lineage) am very happy about the choice of the King makers and the majority of the Itsekiri people. Tee Mac Omatshola Iseli.
https://www.linkedin.com/posts/dr-tee-mac-omatshola-iseli-mfr-85127218_21st-august-2021-is-a-proud-day-for-the-itsekiri-activity-6835260993740775424-m5gL
thief
23.08.2021 kl 07:44
3748
Solid oppgang for olja i dag,satse på 65 var bunnen🙂Regner med det samme gjelder for petronor og at oppgangen starter frem mot q2 om en uke💰
Fluefiskeren
23.08.2021 kl 09:52
3627
Hmmmm. Korrelasjonen mellom PNOR og oljepris er lav. Av en eller annen grunn som jeg ikke klarer å forstå.
Nybegynner2
23.08.2021 kl 10:07
3636
Oljeprisen ved månedslutt er prisen selskapet får. Følgelig vil ikke endringer gjennom måneden ha betydning for inntekten. Dette tenker jeg er årsaken til at svingningene i oljeprisen ikke korrelerer med kurs PetroNor. Med forhåpentligvis økning i produksjon så kan det vel bli endringer på det etterhvert.
JKM
23.08.2021 kl 10:41
3563
Ser tegn til at det kanskje løsner allerede i dag. Om ikke blir det uansett en spennende uke dette!
Redigert 23.08.2021 kl 10:42
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thief
23.08.2021 kl 11:00
3512
Stiger bra igjen nå🙂Vi fikk 75 for juli,kanskje vi er heldige å få opp mot 70 i aug. Det blir store overskudd i q3 også💰
Bsingh
23.08.2021 kl 13:00
3330
Vet ikke om det muligens kan ha noe med å gjøre som Nybegynner2 påpekte, mtp. at vi får prisen på slutten av mnden. Er vell bare tilfeldig, men akkurat i dag så ser det jo bra ut, både brent og PNOR opp. Kan jo være at folk skal posisjonere seg før H1/Q2 nå også. Hvertfall bra å se at oljeprisen holder seg som den gjør nå. Håper det vedvarer, og at neste rapport vil vise det vi tror den vil vise.
Redigert 23.08.2021 kl 13:00
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Fluefiskeren
23.08.2021 kl 13:16
3309
Mulig, men da burde det vært en stor korreksjon i slutten av månedene isteden. Kan ikke huske å ha sett det.
FkL
23.08.2021 kl 13:52
3274
Begge deler. Lifting utføres ved månedsslutt og prisen settes til samme tid.
Redigert 23.08.2021 kl 13:53
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Fluefiskeren
23.08.2021 kl 14:41
3212
Bilde fra PNGF Sud
Fakles det fortsatt eller er det et gammelt bilde.
https://www.nsenergybusiness.com/news/petronor-ep-pngf-sud-congo/
Fakles det fortsatt eller er det et gammelt bilde.
https://www.nsenergybusiness.com/news/petronor-ep-pngf-sud-congo/
FkL
23.08.2021 kl 14:43
3275
I påvente av vår godkjenning og da tilsvarende stans i videre planer så er det nok ingen endringer på det.
Fluefiskeren
23.08.2021 kl 15:07
3204
OK
Håper vi får igang PNGF Bis.
Det ser ut til å kunne være mye å hente der på totalproduksjonen.
Side 6
https://petronorep.com/media/1877/20210601_pnor_company_presentation.pdf
Håper vi får igang PNGF Bis.
Det ser ut til å kunne være mye å hente der på totalproduksjonen.
Side 6
https://petronorep.com/media/1877/20210601_pnor_company_presentation.pdf
FkL
23.08.2021 kl 15:09
3222
AUGUST 23, 20214:08 AMUPDATED 41 MINUTES AGO
Oil jumps 3% on weaker dollar after seven days of losses
By Dmitry Zhdannikov
LONDON (Reuters) -Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant.
https://www.reuters.com/article/idUSKBN2FO04Z
Oil jumps 3% on weaker dollar after seven days of losses
By Dmitry Zhdannikov
LONDON (Reuters) -Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant.
https://www.reuters.com/article/idUSKBN2FO04Z
FkL
23.08.2021 kl 15:13
3222
Ja, den er veldig fin og den ligger nok i pipeline. Nå skulle jo infill på Sud vært i gang for lenge siden og vi kan sikkert legge til samme forsinkelse på Bis. Det finnes nok en større sammensatt plan for disse feltene.
Opp+
23.08.2021 kl 15:36
3192
Tanker om denne?
On 20 November 2020, the Company announced the 100% share purchase of the entity SPE Guinea
Bissau AB4 (the "GB Transaction"), which subsequently completed on 4 May 2021. The GB Transaction
allowed PetroNor to assume the Operatorship (and interest of 78.57%) of the Sinapa (Block 2) and
Esperança (Blocks 4A and 5A) licences in Guinea-Bissau.
The SEK 434,238 consideration paid for the transaction was calculated to be SEK 1 greater than the SEK
book value of the net assets of SPE Guinea Bissau AB on completion. The fair value of the net assets
acquired equalled the net book value from the completion balance sheet. In addition to the consideration
paid, the Company paid USD 1.9 million in settlement of a payable balance to Svenska Petroleum
Exploration AB on behalf of SPE Guinea Bissau AB.
The exploration licences held by SPE Guinea Bissau AB do not currently generate income, however a farm
out of one of both of the licences may generate cash inflow from the reimbursement of past exploration
costs.
On 20 November 2020, the Company announced the 100% share purchase of the entity SPE Guinea
Bissau AB4 (the "GB Transaction"), which subsequently completed on 4 May 2021. The GB Transaction
allowed PetroNor to assume the Operatorship (and interest of 78.57%) of the Sinapa (Block 2) and
Esperança (Blocks 4A and 5A) licences in Guinea-Bissau.
The SEK 434,238 consideration paid for the transaction was calculated to be SEK 1 greater than the SEK
book value of the net assets of SPE Guinea Bissau AB on completion. The fair value of the net assets
acquired equalled the net book value from the completion balance sheet. In addition to the consideration
paid, the Company paid USD 1.9 million in settlement of a payable balance to Svenska Petroleum
Exploration AB on behalf of SPE Guinea Bissau AB.
The exploration licences held by SPE Guinea Bissau AB do not currently generate income, however a farm
out of one of both of the licences may generate cash inflow from the reimbursement of past exploration
costs.
Fluefiskeren
23.08.2021 kl 15:41
3168
Der ja!
« Approval of Prospectus»
« Reference is made to the stock exchange announcement by PetroNor E&P Limited (OSE ticker: “PNOR”) on 12 March 2021 regarding the potential subsequent offering of up to 60,000,000 new shares (the "Subsequent Offering") to be carried out by the Company following the completion of a private placement with gross proceeds of NOK 340 million (the "Private Placement"). Reference is further made to the previous stock exchange announcement by the Company regarding the issuance of new shares in Tranche 2a and Tranche 2b of the Private Placement.
The Financial Supervisory Authority of Norway has approved a prospectus dated 23 August 2021 (the "Prospectus") prepared in connection with (i) the listing of 224,727,273 new shares in the Company issued in connection with Tranche 2a and Tranche 2b in the Private Placement; and (ii) the Subsequent Offering and listing of up to 60,000,000 offer shares. »
https://newsweb.oslobors.no/message/540484
« Approval of Prospectus»
« Reference is made to the stock exchange announcement by PetroNor E&P Limited (OSE ticker: “PNOR”) on 12 March 2021 regarding the potential subsequent offering of up to 60,000,000 new shares (the "Subsequent Offering") to be carried out by the Company following the completion of a private placement with gross proceeds of NOK 340 million (the "Private Placement"). Reference is further made to the previous stock exchange announcement by the Company regarding the issuance of new shares in Tranche 2a and Tranche 2b of the Private Placement.
The Financial Supervisory Authority of Norway has approved a prospectus dated 23 August 2021 (the "Prospectus") prepared in connection with (i) the listing of 224,727,273 new shares in the Company issued in connection with Tranche 2a and Tranche 2b in the Private Placement; and (ii) the Subsequent Offering and listing of up to 60,000,000 offer shares. »
https://newsweb.oslobors.no/message/540484
Redigert 23.08.2021 kl 15:44
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Bsingh
23.08.2021 kl 16:00
3089
Det var godt å se :) Lite utdrag fra prospektet :
* Record Date 15 March 2021
* Application Period commences 24 August 2021
* Application Period ends 7 September 2021
* Notification of allocation on or about 8September 2021
* Payment Date on or about 13 September 2021
* Allocation of Offer Shares on or about 14 September 2021
Leser det som at tegningsperioden starter imorgen (* Application Period commences 24 August 2021). Noen som vet om dette gjøres på VPS sidene, eller på Nordnet? Har ikke noe investorkonto Zero/ASK, bare vanlig aksjekonto.
* Record Date 15 March 2021
* Application Period commences 24 August 2021
* Application Period ends 7 September 2021
* Notification of allocation on or about 8September 2021
* Payment Date on or about 13 September 2021
* Allocation of Offer Shares on or about 14 September 2021
Leser det som at tegningsperioden starter imorgen (* Application Period commences 24 August 2021). Noen som vet om dette gjøres på VPS sidene, eller på Nordnet? Har ikke noe investorkonto Zero/ASK, bare vanlig aksjekonto.
Bsingh
23.08.2021 kl 17:05
2933
Da skal jeg ta en liten titt på VPS imorra/neste dagene, og se om jeg finner noe der.
Fluefiskeren
23.08.2021 kl 18:13
2902
Denne kan også brukes om ønskelig
https://www.arctic.com/secno/en/offerings/disclaimer/attachment/6116/412
https://www.arctic.com/secno/en/offerings/disclaimer/attachment/6116/412
fremogtilbake
24.08.2021 kl 02:36
2847
De betatte vel SEK 434,238, pluss at de gjorde opp et mellomværende mellom Svenska og deres datterselskap i Guinea.Bissau på 1.9 million USD. Så i praksis ble det vel litt under 2 mill USD.