APCL - UNAUDITED FINANCIAL REPORT FOR THE HALF YEAR ENDED 30 JUN

FkL
APCL 25.08.2019 kl 15:57 26190

UNAUDITED FINANCIAL REPORT FOR THE HALF YEAR ENDED 30 JUNE 2019
Please find enclosed African Petroleum Corporation Limited's (the "Company" or "African Petroleum") unaudited financial report for the half year ended 30 June 2019.

COMPANY BACKGROUND

African Petroleum, listed on the Oslo Axess (APCL), is an independent oil and gas exploration company led by an experienced Board and management team, with significant experience in oil and gas exploration, appraisal, development and production. The Company holds acreage in West Africa with estimated net unrisked mean prospective recoverable oil resources in excess of 4.9 billion barrels.

African Petroleum has equity interests in four licences across two countries offshore West Africa (Senegal and The Gambia). The Company’s assets are located in proven hydrocarbon basins, where several material discoveries have been made in recent years.

The Company has acquired more than 13,400km2 of 3D seismic data and has participated in the drilling of four exploration wells in West Africa.


CEO STATEMENT

It is anticipated that this will be the last report we issue as African Petroleum Corporation Limited. The first half of the year can be defined as a period in which we laid the solid foundations for transformative growth in the form of our pending combination with PetroNor E&P. Completion of that deal has taken longer than we had originally anticipated however we, and our future colleagues at PetroNor, continue to maintain close alignment as we work to complete the transaction by the end of August 2019. Collectively we have been formulating the various strategies that will be employed to drive shareholder value so that we can move swiftly to deliver positive outcomes upon completion. These strategies include ways to leverage our enhanced scale and profile to deliver satisfactory outcomes with regards to the ongoing arbitrations, extract maximum value from PetroNor’s existing portfolio that continues to perform well, and explore business development opportunities in line with the growth strategy set out at the time of announcing the proposed merger. The delay to the completion has not been time wasted as we have made good headway in regard to these items. Whilst we appreciate concern with regards to the conditional warrant timeframe associated with the merger, we reassure shareholders that the work we have done to date with PetroNor supports our view that the timeframe remains realistic. Based on our latest dialogue with stakeholders, we believe that we remain on track to complete the combination within the timeframe of August 2019.

OPERATIONAL & CORPORATE UPDATE

ARBITRATION

The Gambia
The International Centre for the Settlement of Investment Disputes (“ICSID”) arbitration proceedings initiated by the Company to protect its interests in the A1 and A4 licences in The Gambia are continuing, with the following recent developments:
- In February 2019, the Company filed a memorial on admissibility, jurisdiction and the merits.
- In July 2019, the Republic of The Gambia filed a counter-memorial on admissibility, jurisdiction and the merits.

Further procedural details may be viewed at the ICSID website: https://icsid.worldbank.org/en/

The Company remains open to engaging in constructive dialogue with the Gambian authorities, with a view to establishing a satisfactory solution that is in the interests of all parties.

Senegal
The Company’s subsidiary African Petroleum Senegal Limited lodged Request for Arbitration documents with ICSID in June 2018 in order to protect its interests in the ROP and SOSP blocks in Senegal. The arbitration proceedings are continuing with the following recent developments:
- In early January 2019, the Republic of Senegal filed observations on the Company’s request for provisional measures and filed a request for provisional measures.
- On 23 January 2019, the Tribunal was constituted in accordance with Article 37(2)(a) of the ICSID Convention.
- In March 2019, the Tribunal held a hearing on provisional measures in Paris.
- During April 2019, the Tribunal issued two procedural orders, the first on procedural matters, the second concerning measures.
- In July 2019, the Company filed a memorial on the merits.

Further procedural details may be viewed at the ICSID website: https://icsid.worldbank.org/en/

The Company remains open to engaging in constructive dialogue with the Senegalese authorities through appropriate and official channels, with a view to establishing a satisfactory solution that is in the interests of all parties.

PORPOSED MERGER

Petronor E&P Limited
On 19 March 2019, the Company announced its intention to combine with PetroNor E&P Ltd (“PetroNor”) for an all-share consideration of c. 816 million shares in African Petroleum. The existing African Petroleum shareholders will receive one for one (c. 155 million) warrants to preserve some potential upside from the Company’s existing exploration portfolio in The Gambia and Senegal. The proposed transaction transforms the Company from an exploration-focused player into a cash-flow generating producer with a significant growth profile.

In June 2019, the Company announced that significant progress had been made towards fulfilment of conditions required for completion; however, a number of key documents required by the Oslo BĂžrs in order to confirm that the listing status of the combined company will be maintained were still being finalised.

As at the date of this report, the Company expects to complete the proposed transaction with PetroNor shortly.

LICENCE INFORMATION

SENEGAL:

Blocks ROP & SOSP
In Senegal, African Petroleum Senegal Limited holds a 90% operated working interest in exploration blocks Rufisque Offshore Profond (“ROP”) and Senegal Offshore Sud Profond (“SOSP”). The National Oil Company Petrosen, holds the remaining 10% equity. The Company’s Senegal production sharing contracts (“PSC”) are located offshore southern and central Senegal, with a net acreage of 14,216km2.

Both licences are positioned in a high potential exploration area, as demonstrated by third party oil discoveries and successful appraisal wells drilled in the adjacent acreage by Cairn Energy.

The Company has licensed over 10,000km2 of 2D seismic data and 5,100km2 3D seismic data over both licences.

Independent petroleum consultant ERC Equipoise prepared an assessment of prospective oil resources attributable to the Company’s Senegal PSCs and estimates the net unrisked mean prospective recoverable oil resources at 1,779MMStb.

The Group is currently in dispute with the Senegalese government regarding the status of the ROP and SOSP licences and ICSID arbitration proceedings have been initiated.

THE GAMBIA:

Blocks A1 & A4
African Petroleum holds a 100% operated working interest in offshore licences A1 and A4, with a combined net acreage of 2,672km2. The Company has completed a 3D seismic survey with data covering 2,500km2 and has found a number of analogous leads and prospects in its acreage to that of the recent SNE and FAN discoveries drilled by Cairn Energy in Senegal.

Independent petroleum consultant ERC Equipoise prepared an assessment of prospective oil resources attributable to the Company’s Gambian licences and estimates the net unrisked mean prospective recoverable oil resources at 3,079MMStb.

The Group is currently in dispute with the Gambian government regarding the status of the A1 and A4 licences and ICSID arbitration proceedings have been initiated.

HEALTH, SAFETY, ENVIRONMENT AND SECURITY

As an operator of offshore concessions, it is the duty of African Petroleum to provide a safe working environment and minimise any adverse impact on the environment. Health, safety, environment and security policies are embedded throughout all of the Company’s core operations. In this regard, we strive for continuous improvement as lessons learnt from past operations are incorporated into business practices going forward.

PRINCIPAL RISKS AND UNCERTAINTIES

As an exploration company in the oil and gas industry, the Company operates in an inherently risky sector. Oil and gas prices are subject to volatile price changes from a variety of factors, including international economic and political trends, expectation of inflation, global and regional demand, currency exchange fluctuations, interest rates and global or regional consumption patterns. These factors are beyond control of the Company and may affect the marketability of oil and gas discovered. In addition, the Company is subject to a number of risk factors inherent in the oil and gas upstream industry, including operational and technical risks, reserve and resource estimates, risks of operating in a foreign country (including economic, political, social and environmental risks) and available resources. We recognise these risks and manage our operations in order to minimise our exposure.

OUTLOOK

African Petroleum’s near-term outlook will be dictated by events that are ultimately outside of the control of the Company. 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. At this point in the proceedings it is impossible to predict potential outcomes and timings, but the Board maintains full confidence in our legal position and continues to work tirelessly to ensure we protect value on behalf of our shareholders.

STATEMENT OF RESPONSIBILITY

We confirm that, to the best of our knowledge, the condensed set of unaudited financial statements for the first half of 2019, which has been prepared in accordance with IAS34 Interim Financial Statements, provides a true and fair view of the Company’s consolidated assets, liabilities, financial posit
Redigert 21.01.2021 kl 09:39 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 15:35 4722

The delay to the completion has not been time wasted as we have made good headway in regard to these items.

Whilst we appreciate concern with regards to the conditional warrant timeframe associated with the merger, we reassure shareholders that the work we have done to date with PetroNor supports our view that the timeframe remains realistic.

We are also maintaining regular dialogue with the team at African Petroleum about the strategic priorities of the combined group so that we can move swiftly to deliver positive outcomes upon completion of the transaction.”


Les disse kommentarene fra JP og EYAS,og ikke si dette ikke lukter forlik🙂
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
tuja
27.08.2019 kl 16:09 4629

Merkelig tidspunkt Ä selge pÄ. Men, men, hver sitt valg.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 16:14 4611

Ja,tror det er en veldig skivebom.Men noen mĂ„ jo selge ogsĂ„đŸ™‚
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
MĂžre75
27.08.2019 kl 17:44 4468

3 dage e igjen av uka , ville tro at mld om fusjonen ville kjĂžre kursen litt hĂžyere opp .. hadde sett fĂžr meg ett lite forventnings rally
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Juuzen
27.08.2019 kl 17:47 4473

-5% I dag, hva skjer???
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
SjĂžkaptein
27.08.2019 kl 18:00 4446

Helt naturlig med litt korreksjon etter stor oppgang... er sikkert noen som sikkrer litt gevinst . SĂ„ lite volum at det ringer ingen alarm bjeller .....
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Juuzen
27.08.2019 kl 18:14 4402

Alt er som det skal vÊre mao. Blir vel nye 6 mÄneder med Þrkenvandring nÄ....
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 18:19 4387

Ja,du virker Ä ha kontroll pÄ det meste,som vanlig!Ørkenvandring i 6mnd,He.. he!Den var god.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
MĂžre75
27.08.2019 kl 18:24 4374

Innen lĂžrdag sĂ„ er alle blide Ă„ fornĂžyde igjen 🙏🙏👍👍🎉🎊
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
BakÄtlutad
27.08.2019 kl 18:47 4319

haha Juuzen! "Äger du stadigt aktier?" :D
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
tuja
27.08.2019 kl 20:46 4163

Olja spiller pÄ lag. Rett opp igjen. :)
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 21:48 4057

Det er flott at den gÄr oppover «pÄ egenhÄnd» nÄ, for personlig sÄ tror jeg vi vil se et stort byks nÄr USA og Kina blir endelig enige, for det mÄ de bli fÞr eller siden. Mye rasling pÄ begge sider, men usannsynlig at de ikke blir enige. Dette blir da et godt startpunkt.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 21:49 4052

Kopiert fra Warom pÄ XI.

Litt tilbake til mer fundamentale forhold. Har lest meldingen der bÄde Eyas og JP uttaler seg titalls ganger og det er «sÄ misledende» om det ikke er noe i lufta som materaliserer seg kjapt, det ville neste vÊre «pÄ grensa til straffbart». Begge presiserer *swiftly*, som da betyr *without delay*, etter completion:

Eyas: We are also maintaining regular dialogue with the team at African Petroleum about the strategic priorities of the combined group *so that we can move swiftly to deliver positive outcomes upon completion* of the transaction.”


Pace: Collectively we have been formulating the various strategies that will be employed to drive shareholder value *so that we can move swiftly to deliver positive outcomes upon completion*. These strategies include ways to leverage our enhanced scale and profile to deliver satisfactory outcomes with regards to the ongoing arbitrations, extract maximum value from PetroNor’s existing portfolio that continues to perform well, and explore business development opportunities in line with the growth strategy set out at the time of announcing the proposed merger. The delay to the completion has not been time wasted as we have made good headway in regard to these items. *Whilst we appreciate concern with regards to the conditional warrant timeframe associated with the merger, we reassure shareholders that the work we have done to date with PetroNor supports our view that the timeframe remains realistic.*
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 21:56 4023

Jeg tenker akkurat det samme. Dersom man ikke har noe Ä tilby sÄ setter man ikke opp forventningene pÄ denne mÄten. Det har de ikke gjort fÞr, foruten fÞr fusjonsmeldingen og vi vet jo alle at fusjonen gikk i inn. Hadde det ikke ligget noe i pipeline sÄ ville de garantert ha vÊrt mer sparsomme med optimismen og formulert seg pÄ en annen mÄte. Det at de ogsÄ pÄpeker hvor hardt de har jobbet under ventetiden tilsier vel ogsÄ at noe har skjedd. Tror ikke beskrivelsen passer veldig bra hvis de ikke har hatt dialog og bare sittet pÄ sine kontor de siste 4 mÄnedene.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 22:13 3986

Dette gikk da ekstremt fort synes jeg :)

PETRO-TIM CASE: The DIC has closed the file and handed it over to the prosecutor who ...

The Criminal Investigation Division (DIC) has completed its investigation into the Petro-tim case. According to iradio, the prosecution will soon entrust the file to the investigating judge who will open a judicial inquiry.

https://www.seneweb.com/news/Politique/affaire-petro-tim-la-dic-a-boucle-le-dos_n_292457.html
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 22:31 3943

Syntes nesten de sier sĂ„ mye de kan,uten Ă„ direkte si at forlik kommer.Er jo helt Ă„penbart at de snakker med myndighetene, og nĂ„r de i tillegg sier at de vil levere positive "utfall" rett etter fusjonen er i boks,sĂ„ kan det ikke misforstĂ„s 🙂Er sĂ„ sikker man kan vĂŠre i denne situasjonen,at vi fĂ„r servert forlik i september! FĂžr den nye lisensrunden til Senegal.Da har vi fĂ„tt sosp!

SĂ„ syntes egentlig det er merkelig at kursen ikke fortsetter oppover.Vi vet at et forlik er verdsatt til rundt 1kr,da vil vi vĂŠre godt over 2kr,hvis det skjer.Og nĂ„r vi ser hva ledelsen faktisk skriver,er det rart ikke flere hiver seg pĂ„.Åpenbart at de har positive samtaler med myndighetene eller allerede er i mĂ„l.Fra dagens kurs,fĂ„r vi nesten en dobling ved forlik.Og kommer vi i mĂ„l pĂ„ sosp,er vel sjansen stor fĂ„r at Gambia ogsĂ„ er med pĂ„ dette.Da er vi pĂ„ 3kr.SĂ„ de som selger nĂ„ pĂ„ 1.2kr,tror jeg kommer til Ă„ angre seg stort i lĂžpet av noen uker🙂
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 22:42 3910

Olja rykker til ogsĂ„,etter Russland forplikter seg til OPEC+,og et massivt fall i oljelagrene. Fyker vi over 60 i morgen,hvis eia rapporterer det samme.NĂ„ som vi produserer,er det jo viktig med en bra oljepris🙂
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Billyjojimbob
27.08.2019 kl 22:45 3894

60,har jo problemer med 1,30😁
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 23:05 3835

Olja over 60 :)
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
27.08.2019 kl 23:07 3826

Vi har med oss litt ballast dessverre thief, det er nok flere som Þnsker seg en bÞrsmelding fÞr inngang og ikke minst folk som Þnsker Ä tjene penger pÄ svingningene. Men jeg er helt enig meg deg, dette er sÄ langt de kan gÄ uten Ä bekrefte forlik direkte.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
27.08.2019 kl 23:24 3781

Jepp,der var den over 60 ja🙂Og ja,alltid noen kortsiktige,og denne gangen tror jeg de trekker det korteste strĂ„et ogsĂ„,He.. he.Men tror ikke man trenger Ă„ vĂŠre veldig langsiktig ,fĂ„r Ă„ fĂ„ med seg et forlik.NĂ„r ledelsen signaliserer positive nyheter rett i etterkant av fusjonen,som skal vĂŠre klar denne uka,da kan det gĂ„ fort.Og er det forlik pĂ„ sosp vi snakker om,som nok er det mest nĂŠrliggende,er nok det eventuelt klart i sept.Sosp vil da ikke vĂŠre med i den nye lisensrunden .SĂ„ nĂ„r vi fĂ„r endelig beskjed om gjennomfĂžrt fusjon,da begynner morroa🙂
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 08:25 3539

PĂ„ tide at forventningene til et forlik begynner og prises inn her.NĂ„ er det bare timer/dager til fusjonen er fullfĂžrt.Og som man kan lese av kommentarene til ledelsen,da vil de levere positive nyheter.Det sier de vel ganske tydelig🙂De hadde ikke formulert seg sĂ„nn,hvis det ikke var hold i det.NĂ„ reflekterer kursen bare nĂ„verdien til petronor, ikke fremtidig produksjonsĂžkning og hvertfall ingen forlik.SĂ„ vi burde vĂŠrt noen knepp hĂžyere, nĂ„r vi nĂ„ er sĂ„ nĂŠrme at ting kan skje.SĂ„ veldig rart at noen klarer Ă„ selge pĂ„ 1.2kr,da har de ingen tro pĂ„ forlik,og mener at ledelsen juger🙂Og det tror jeg neppe de gjĂžr,vil ikke akkurat vĂŠre en god start for Ă„ bygge tillit!
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Mrhifi
28.08.2019 kl 09:21 3380

Time for siesta Thief...and pick Up replacement 😁
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Mr Big
28.08.2019 kl 09:34 3339

NĂ„ starte toget:) Ser ut som gevinst sikringen er over og kjĂžps ordere bygger seg opp.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 09:40 3321

Tar siesta nĂ„r forlikene er pĂ„ plass mrhifi🙂Da kan vi ta det med ro og vente pĂ„ drillinga!
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Mrhifi
28.08.2019 kl 09:54 3290

Topkarakter for dit engagement i vores selskab Thief...👍👍
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 10:16 3245

Kommer det vel melding i morgen eller fredag om at fusjonen er ferdig,de sa denne uka.Da begynner vi som petronor mrhifi,og positive nyheter er meldt raskt🙂Tror vi fĂ„r en knallstart!Da er du snart i pluss😉💰
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
28.08.2019 kl 10:47 3210

Legger den ut igjen da kommentarer uteble. Mulig at det ikke er noen interesse, men men.

PETRO-TIM CASE: The DIC has closed the file and handed it over to the prosecutor who ...

The Criminal Investigation Division (DIC) has completed its investigation into the Petro-tim case. According to iradio, the prosecution will soon entrust the file to the investigating judge who will open a judicial inquiry.

https://www.seneweb.com/news/Politique/affaire-petro-tim-la-dic-a-boucle-le-dos_n_292457.html

Dette er i mine Þyne en ekstremt kort etterforskning og dette bÊrer helt klart preg av at man bare Þnsker dette ut av verden sÄ fort som mulig. Tipper rettsprosessen kommer raskt og blir like kort. Derimot sÄ er man ogsÄ nÞdt til Ä vise omverden at man faktisk tar tak i korrupsjon og ikke minst sÄ trenger de Ä vise opposisjonen at de tar tak i dette for Ä hindre videre oppblomstring og stÞy. Staten Senegal har jo allerede gjort klart at det ikke vil bli noen endringer pÄ dagens tildeling av lisenser uansett hva denne prosessen har for utfall.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Warom
28.08.2019 kl 10:57 3184

Jepp det er som forventet, feie det kjapt under teppet sÄ de kan gÄ videre(sikkert fÞr ny lisensrunde). Vi kan jo ogsÄ trekke paralleller til oss selv, helt sikkert ogsÄ noe de vil bli ferdig med kjapt nÄ som ting skal lÞses :)
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 11:06 3170

Vi fĂ„r vel uansett svar pĂ„ sosp om ikke lenge.Enten ved forlik eller om den er med i lisensrunden eller ikke🙂Tipper ikke den er med i lisensrunden!
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
28.08.2019 kl 11:18 3138

Ser ut til at vi er like ferdige med den saken som Senegal Ăžnsker den ut av verden :)
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
FkL
28.08.2019 kl 11:27 3116

Ja, nÄ som fusjonen er avklart sÄ er fokus pÄ hva som skjer videre. Jeg regner ogsÄ med at SOSP kan vÊre noe av det fÞrste vi fÄr avklaring pÄ, men det er ogsÄ spennende hva som er status pÄ ROP. Vi skal heller ikke glemme Gambia A1 og A4, eller Petronor's opsjon i Nigeria. Det blir jo ogsÄ spennende Ä se hvordan selskapet skal leve opp til bÞrsens krav om 25% spredning og om det er tilknytning til opsjoner og warrants slik jeg selv tror. En eller annen form for avklaring pÄ alle disse sakene kommer jo i lÞpet av dette Äret. Alt dette skal skje i lÞpet av 4 mÄneder. Dette er jo megatriggere alle sammen og en ting som er helt sikkert er at dette blir ikke kjedelig.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 11:37 3087

Ja,her blir det lite med þrkenvandring🙂Blir mye action,og tror vi kommer meget godt ut av det!
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Slettet bruker
28.08.2019 kl 13:10 2942

sÄ litt pÄ Petronor hjemmeside som har hovedkontor i Oslo.Virker ikke som de er sÄ store som det skrytes av: salg pÄ 2 mill nok er ganske lite, men stÞrre enn APCL ;-)
https://www.proff.no/regnskap/petronor-ep-as/oslo/-/IF88HF90000/
Mener Ä ha lest luftige tall om enorm produksjon, kanskje noen kan korrigere tallene og forklare hvorfor noen mener at sammenslutningen vil vÊre verdt 3- 4- eller 12 milliarder. Til sammenligning en oljemygg som Pen verdsatt til vel en milliard. Wen omtrent det halve..... Forrige gang var det mer eller mindre bankers at de skulle finne olje, det gjorde de ikke men pÄ forventningene ble ved den gang aksjen verdsattt til ca 1 milliard hvis jeg ikke tar helt feil. Jeg vet at det kan komme forlik, men fra det Ä finne partner som ikke er en oljemygg, og til slutt Ä komme til funn og lÞnnsom produksjon, er en ganske lang vei....Mener prisingen pr dags dato er ganske grei...
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 13:22 2906

NĂ„ rĂžrer du brumle,hvem har snakket om enorm produksjon??kom gjerne med de tallene !?produksjonen er 2650 og Ăžkende.Bunnlinjen til petronor var pĂ„ 17musd i 2018 pĂ„ snittprod ca 2100.INGEN av de andre sammenlignbare selskaper pĂ„ ose leverer sĂ„ bra,om det er pen,iox eller qec🙂De leverer stort sett RØDE tall.Og sjansene til forlik er veldig store nĂ„,verdsatt til 1kr pr.stk.Og petronor er verdsatt til ca dagens kurs,uten Ăžkende produksjon.Og den er estimert til 4000 etterhvert.SĂ„ aksjen er greit verdt 2-3kr med et forlik,og 3-4kr ved 2 forlik,grovt regnet!
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 13:25 2898

Og er du sĂ„ dum at du tror noen gĂ„r pĂ„ den linken din🙂Hvilket selskap har du funnet?
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Warom
28.08.2019 kl 13:33 2877

Hvis man husker litt tilbake til den gangen Barrow ble innsatt som president(snart 3 Är siden), sÄ ble det skrevet mye om at han bare skulle sitte i 3 Är. Dette ble gjort etter en avtale med koalisjonen som vant valget den gang da. Barrow har jo vÊrt omdiskutert i hele denne perioden og det kan se ut som(om man har lest litt Gambiske media gjennom denne tiden) som om det er «sterke krefter» som Þnsker at han skal gjÞre som de ble enige om. Barrow selv Þnsker selv Ä bli sittende videre.

Dette siste kan man ta med seg(satt opp mot oss) pÄ den mÄten at det ikke er usannsynlig at president Barrow kan vÊre svÊrt interessert i Ä fÄ til en deal med Abu Dhabi. Logikken i det er at om han «kan slÄ i bordet» med at voldgiftsaken mot oss er lÞst og at penger dermed «renner inn» i statskassen gjennom avtaler gjort pÄ A1/A4.

Likevel er det vel da som en konsekvens av dette at andre investeringer som Abu Dhabi vil gjÞre i landet(dette har vi lest mye om i det siste) sÄ vil det styrke hans posisjon betraktelig i forhold til dette Ä bli sittende.

Om det likevel skulle vÊre slik at(gjennom det presset som er i forhold til det de var enige om den gang pÄ 3 Är) en avgang er uungÄelig, sÄ kan man jo tenke den tanken at han likevel vil «nyte godt av» en god personlig relasjon med Abu Dhabi.

Hvis det da er slik at Abu Dhabi og Sall "presser" pÄ fra hver sin kant(noe vi vel ogsÄ har lest en del om i det siste bla via Upstream), vil det forundre meg VELDIG om A1/A4 stÄr ulÞst ved Ärsskiftet...
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Warom
28.08.2019 kl 13:39 2857

Les denne pĂ„ nytt nĂ„, dette stemmer jo perfekt om mine refleksjoner er riktige 😉

https://gulfnews.com/business/uae-gambia-sign-investment-protection-agreement-1.65257538

UAE, Gambia sign investment protection agreement
The UAE has signed 93 bilateral agreements to protect and encourage investments
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Published: July 16, 2019 15:49Staff Report

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Dubai: The UAE, represented by Ministry of Finance, signed an agreement to encourage and protect mutual investments with Gambia at the ministry’s headquarters in Abu Dhabi. Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs, and Mamboury Njie, Minister of Finance and Economic Affairs of Gambia, signed the agreement in the presence of senior officials.
The agreement protects both nations’ investments from all non-commercial risks and creates a conducive environment for investments and licensing. It also covers transfer of profits and revenues in convertible currency, granting MFN [most favoured nation] treatment for investors in the management, maintenance and expansion of investments, with emphasis on non-interference in all investment-related subjects.

According to the agreement, the investor will be compensated fairly and immediately on their investment in the event of expropriation in public interest, and in accordance with the law, without discrimination, provided that the value of the compensation is according to the market value of the investment before the seizure.
The UAE has signed 93 bilateral agreements to protect and encourage investment with different countries around the world.
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
Slettet bruker
28.08.2019 kl 13:47 2829

jeg sÞkte pÄ hjemmesiden og fant ut at datterselskap har 20 % andel i et felt i Kongo. De stÄr noe om operations ogsÄ i Nigeria, men det er uklart om det er funnet olje eller om det bare er leting pÄ gang.
Jeg fant ingen tall pÄ hjemmesiden til petronor E &P , selskapet har hovedkontor i Oslo jfr link - selskapet eies av Petrornor E&P Ldt 100 % "PetroNor is the joint company (50-50%) of Petromal, a subsidiary of National Holding of Abu Dhabi, and NOR Energy of Norway."
Vis meg gjerne tallene hvor det fremkommer at Petronor har annen produksjon, men du kan gjerne komme med oppdateringer. De har i hvert fall kontorer i 3 land....http://petronorep.com/contact/
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare
thief
28.08.2019 kl 13:50 2826

Og du tror det regnskapet er riktig da eller😂
Redigert 20.01.2021 kl 23:25 Du mÄ logge inn for Ä svare