Does anyone know when these guys are starting to lay or dig the pipeline? I believe the CEO advised immediately after concession was granted and another report was Autumn (which has started there). I note there is only 438K in outflow for development this quarter which is far shy of the 3.2 million Euros Sarah put forward in the annual presentation. Maybe it will be March next year as winter will most likely prohibit works. No money for exploration and evaluation means they are not buying any more seismic this quarter and are not processing any more? The Global oil off take agreement may or may not have been renewed I would have expected some news on that front given it expired with an option this month. I also wonder how the price of gas is impacting on the RBL agreement. If anyone has info on these it would be greatly appreciated.
PVE Price at posting:
8.6¢ Sentiment: None Disclosure: Held
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