Summed it up perfectly @Luvlife I realise we needed to get past...

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Mitchdon

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16/04/24

17:29

Post #: 73372533
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Originally posted by Luvlife: ↑

Yes Yummy currently producing 520 - 550bpd is my understanding from CT recently.
So yes we are still shipping, just not that fast now.
Production dropped unfortunately after must have routine shutdown maintenance on esp's and there was some trouble with one pump restarting.
The situation now is obviously why continue to spend a great deal of $$$ fixing production for such a short period of time with the PGY moving in for the CCS action..............Ahhhhh yeah for the CCS action....the What?
Yes where the HELL is the Ministers signature on the CCS. that's the BIG Q. Its all NOPTA approved, so give us a break.
Been shitty around here long enough - time for some positive vibes at TEG.
We all get to hear nearly every day from Govt Heads, Climate Reduction, Climate Reduction, We desperately need more to git a NET Zero, more CCS PLEASE.
Here it is served to them on a PLATTER by PGY/TEG who have spent a small fortune providing all the possible Intel and support for the project.........and here we all are twiddling our thumbs. What a TOTAL JOKE.
Blingo must have CCS clients that want in with Big $$$$ going seriously, you can't even get the Minister to sign off, what is this all just crap?
Seriously I mean WTF?
There you go that's my little outy for the day.

Given we are currently around $91 Brent at present and A$ sub .65 we should be just covering our operational cost I would think.
GO TEG

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Summed it up perfectly @Luvlife I realise we needed to get past the CR but that is all done now.

TEG can't control the ministers sign off on CCS but should at least be able to progress the drilling timetable and get some firm dates. The Becos prospect is oil and doesn't need the big rig to drill it. Would be good to get a firm date to drill it.

I keep hearing on other threads that we should see the remaining North Sea licenses issued by month end. I think TEG still is hoping to get some further permits.

TEG Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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