GREY:SSPAF - Post by User
Post by
scoutstockon May 23, 2019 2:14pm
143 Views
Post# 29768678
Substantial activity on SPK's Tunisia flagship asset
Substantial activity on SPK's Tunisia flagship assetoriginal posted at CEO . ca + a military advisor buddy of mine in the area knows for fact a mine clearing crew was sent the claim block (as a precaution) to make way for heavy equipment 2 months ago on the property for "a mixed bag of scientists" as he described it -- all on someone else's nickel; thank you for your post on insight https://osirisequities.home.blog/2019/05/04/oils-well-that-ends-well (at the bottom where it covers Sunset Pacific Petroleum), it got me checking into what I could find out as I heard rumblings from a geo engineer that recently returned from the area. You had a very good overview of the opportunity, the Tunisia asset is ripe with potential. From what I could gather is that there has been substantial activity on SPKs Tunisia property within the last while, but not by SPK, rather a syndicate has further refined the model that the former Royal Dutch Shell Technical Manager, Dr. Gharbi, had generated ( https://quantresearch.net/SPKcorporateANDtechnicalJuly24-2016.pdf ) for the claim blocks. The syndicate has affirmed conditions beneath many millions of years ago were ideal for substantial (exponentially mammoth) hydrocarbon creation. The neighboring Mazariane Energy's ordovician discovery well of 4,300 bopd, 13.4 million standard cubic feet per day gas is testimony to the same model and theory. The syndicate has conducted seismic studies on SPKs property, among other studies, with consent from the current Tunisian government ministries, with the caveat that the original claim on mineral titles issued by the past authorities to SPK be reconciled in manner acceptable to the Constitutional Counsel. You have to understand that practically EVERY high-level government official that was around when SPK was given the original mineral claims is now out of power and many went to jail (or worse). No reflection on SPK, their deal is solid, but the paperwork to follow through on agreements at that time have been effectively in abeyance for some time, thanks in part to the past president not paying the lawyer bill when they asked for money to execute matters in a timely manner. Since then the new government has come into power and wish to see big players (and friends of the current government) advance matters. The Constitutional Council examines the bills [among other matters] which are presented to him by the President of the Republic for conformity and compatibility with the Constitution. The current government in Tunisia has made agreements with others interested in the region, but they have made it clear the succession of rights needs to be honored and addressed before development occurs. If you look at Sunset Pacific's Ben Khedechef block it is surrounded by major interests then you have this tiny little Canadian company (Im talking about SPK) tying up a large spectacular claim right smack in the middle. There has literally been a flurry of activity on SPKs Ben Khedechef block without SPK doing anything or being privy to the findings. Others have the insight of latest work, and it looks like things are shaping up in a major major way. It appears imminent SPK will move upward in a major way.