Africa Energy – TotalEnergies Proceeds with Block 11B/12B

Slettet bruker
AEC 05.12.2022 kl 11:55 823

Africa Energy – TotalEnergies Proceeds with Block 11B/12B – applied for environmental authorization

It is a next step to production on the 11B/12B.


https://fitinvestmentideas.com/2022/12/05/africa-energy-totalenergies-proceeds-with-block-11b-12b-applied-for-environmental-authorization/
NordicGuy
08.06.2023 kl 10:32 419

Probably the latest update on Africa Energy - minutes from the call with Africa Energy management - published yesterday -

Bullish

https://fitinvestmentideas.com/2023/06/07/call-with-africa-energy/
NordicGuy
13.06.2023 kl 12:56 349

South Africa´s New24.com published yesterday an article that Eskom is asking for bids to convert its Mossel Bay power station from diesel to gas. Block 11B/12B is the only potential gas supplier nearby. Eskom would not be planning a diesel-to-gas conversion if it did not have a certainty of gas supplies.

It indicates that Eskom is getting ready for gas supplies from Block 11B/12B. Africa Energy's share price has been sliding, as the off-take agreement has not been reached yet. This may indicate the waiting may be over. Very positive for Africa Energy and its shareholders.

Full article:
https://fitinvestmentideas.com/2023/06/13/africa-energy-good-news-from-eskom/