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Solo Oil could go So high ! (SOLO)
skyhigh - 19 Oct 2009 08:28
From the Financial Times this weekend
Solo Oil , which is chaired by David Lenigas, rose 15.4 per cent to 0.75p on talk it was close to announcing its first deal.
I'm on board this morning..good story developing here (imho) ... onwards and upwards... anyone else in ?
Bullshare
- 23 Aug 2016 15:00
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The evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.
Wednesday 5th October 2016
Venue:Radisson Blu Hotel Edinburgh, 80 High Street, The Royal Mile, Edinburgh, EH11TH
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • Mark Learmonth, CFO & Director - Caledonia Mining Corporation (CMCL) • Richard Gray, CEO - Scotgold Resources (SGZ) • Neil Ritson, Non-Executive Chairman - Solo Oil (SOLO) • James Parsons, CEO - Sound Energy (SOU) • Dr. George Morris, Chief Operations Officer - Valirx (VAL) | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
 | Caledonia is an exploration, development and mining company focused on Southern Africa. Caledonia's primary asset is a 49% interest in the Blanket Mine in Zimbabwe which produced over 45,500 ounces of gold in 2013 at a cash cost of US$613/oz.Caledonia has a strong, experienced management team and Board of Directors with diverse expertise in gold production, exploration, mine development, finance and marketing. |
 | Australian Securities Exchange listed Scotgold Resources Limited (ASX:SGZ) was established in 2007 and listed on the ASX in January 2008. The company’s shares were admitted to trading on the AIM market of the London Stock Exchange (AIM:SGZ) in February 2010. The Company’s principal objective, since 2008, has been the advancement of the Cononish Gold and Silver Project in Scotland’s Grampian Highlands to a production decision and exploration of the highly prospective tenements comprising the Grampian Gold Project with the view of identifying further project opportunities. |
 | Introducing Solo Oil - Oil and gas Investment company- Listed on the London AiM Market (SOLO) Objectives To acquire and develop a diverse global portfolio of oil & gas assets Portfolio Non-operated oil & gas assets: - Major stake in the prolific Ruvuma Basin, Tanzania- Interest in Kiliwani North (KNDL), Tanzania- More than 5 tcf of prospective resources identified in Tanzania- Ntorya-1 (Tanzania) discovery flowed 20 mmscfd and 139 bopd- Participation in UK Weald Basin exploration projects, including Horse Hill- Strategic investment in Burj Africa, West Africa- Enhanced Oil Recovery project in Ontario, Canada |
 | Sound Energy is a well-funded Mediterranean upstream company, listed on AIM, with cost covering production, a cornerstone investor, a strategic partnership with Schlumberger (one of the largest companies in our sector) and an active and potentially transformational drill programme. |
 | Valirx Plc is an oncology-focussed Biopharmaceutical Company, developing treatments and diagnostics. Technologies are selected by using rigorous clinical and commercial processes to address unmet market needs. Clinical lead product is VAL201, a peptide for prostate cancer with follow-on indications in ovarian and breast cancers and endometriosis. Product VAL401, is a small molecule reformulation for lung cancers. The Company’s proprietary technology platform, GeneICE, enables selective silencing of rebellious genes’ inappropriate activity. VAL101, the first GeneICE therapeutic, targets and reduces expression of Bcl-2, implicated in about half of cancers. GeneICE extension to neurology and inflammatory diseases will follow. A novel diagnostic, the Nav3 system, detects pre-cancerous, cancerous and metastatic cells in tissue samples even before a tumour forms; indicating potential malignant formation. |
HARRYCAT
- 18 Oct 2016 08:44
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Solo Oil said site preparations for the Ntorya-2 appraisal well have now been completed and that mobilisation of the Caroil#2 rig from the Ntorya-1 wellsite is underway.
The Ntorya-2 pad is located approximately 1.5 kilometres to the southwest of the Ntorya-1 well.
The rig and associated equipment are being transported to the new site, will be rigged up and tested, and will then undergo any maintenance required before being taken on under the contract reported on 23 September 2016.
The majority of other well services have also now been contracted. Solo therefore estimates that the Ntorya-2 appraisal well is likely to spud in December 2016.
Solo holds a 25% interest in the Ruvuma Petroleum Sharing Agreement ("Ruvuma PSA") which contains the Ntorya gas condensate discovery made in 2012 with the Ntorya-1 well which was tested at a rate of 20.1 million feet per day of gas ("mmscfd") and 139 barrels per day of condensate from a 3.5 metre interval at the top of a 20 metre Cretaceous sandstone pay zone at a depth of approximately 2,600 feet.
The Ntorya-1 well has been credited in an independent report by Senergy (GB) Limited with gross 153 billion cubic feet ("bcf") of gas in place, of which 70 bcf are considered gross best estimate contingent resources.
A further gross best estimate of undiscovered gas in place of over 1 trillion cubic feet is attributed to the Ntorya Prospect as a whole and is the target of the Ntorya-2 well which is being drilled updip and in a thicker part of the sand body interpreted on the 2014 seismic data acquired to facilitate appraisal.
The Ntorya discovery lies just 20 kilometres from the 36-inch Mtwara to Dar es Salaam gas pipeline which was commissioned in late 2015 and is transporting produced gas from various fields, including the Kiliwani North Field where Solo holds a 7.125% interest, to gas markets in the north of Tanzania.
HARRYCAT
- 08 Sep 2017 10:36
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Solo reported that the Environment Agency granted the necessary permits to Horse Hill Developments (HHDL), the operator of Horse Hill licences PEDL 137 and PEDL 246, to enable HHDL to carry out extended well tests, drill a side-track well from the existing Horse Hill-1 well (HH-1) and drill and test a new borehole at the HH-1 site.
As previously advised, a planning application in relation to these proposed activities was submitted to Surrey County Council (SCC).
We have been informed by HHDL that SCC has confirmed that the planning application is now scheduled to be determined at October's meeting of its planning committee.
Members of the planning committee completed a scheduled visit to the Horse Hill site yesterday, 7 September, in preparation for the October meeting.
Solo owns 10% of HHDL, which owns 65% of the Horse Hill Petroleum Licences containing the HH-1 oil discovery, and therefore a 6.5% interest in the licences, well and the discovery.
black bird - 11 Sep 2017 10:39 - 429 of 429
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