Doriemus pulls out from L15 farmout agreement with Rey Resources

first_imgThe farmout deal was to see Doriemus assigned a stake of 50% and operatorship of the onshore Western Australia block L15 The farmout deal was announced in March 2019. (Credit: Pixabay/Terry McGraw) UK-based oil and gas firm Doriemus is set to pull out from a farmout agreement made with Rey Resources pertaining to Production Licence L15 in Western Australia.The farmout deal was announced in March 2019 with an aim to bring back the West Kora 1 well, contained in the licence, into economic production. The deal was to see Doriemus assigned a stake of 50% and operatorship of the L15 block, subject to receipt of government approvals.However, its notice of withdrawal sent to the Australia-based Rey Resources ceases its right to earn an interest in the L15 permit and also results in the termination of the agreement.Rey Resources said that it will continue to be the 100% holder of the permit and will look for new partners for the development of L15.Spanning 163km2, the onshore block, located 20km east of Derby, has an estimated 380,000 barrels of 2P Reserves.L15, which was granted in 2010 to Rey Resources, contains the West Kora oilfield whose last production was in 1996.Doriemus to focus on closing a deal signed with OilexDoriemus said that it plans to focus on wrapping up a proposed acquisition of certain oil and gas assets in the onshore Cooper-Eromanga Basin in South Australia from Oilex.As per a binding heads of agreement (HOA) signed last month, the UK firm will acquire 100% of CoEra, a fully-owned subsidiary of Oilex to gain 79.33% direct interest in two petroleum exploration licences PEL 112 and PEL 444, and the right to acquire 27 petroleum retention licences (Northern Fairway PRLs) from Senex.Doriemus also revealed plans to continue assessing the status of each of its remaining assets in the UK and wherever possible, would look to potentially rationalise them for strengthening its balance sheet.The company’s operations are focused on the Weald Basin in Southern England, where it has interests in the Horse Hill and Brockham licences and the Isle of Wight. It also has farm-in interests in the northern Canning Basin in Western Australia.last_img read more

Agents taking over London high streets

first_imgThe online estate agent industry may be growing at a rapid pace but that does not mean that it is time to sound the death knell for traditional high street agents, especially in London where more than 200 new estate agency branches have opened on high streets over the past year, a new study has revealed.Despite a drop in the number of homes for sale in the capital, there was an 8.3 per cent rise in the volume of new high street branches across the city taking the total to 2,881, up from 2,661 compared to the previous year.The data compiled by Rightmove also revealed that there are now more than two branches for each of London’s 1,200 town centres, with all but one – Enfield – seeing an increase in the volume of estate agencies last year.The greatest hike in the number of high street branches was witnessed in Westminster, where the total rose by 27 per cent to 228. Islington was second with a 26 per cent increase, followed by a 16 per cent hike in Hammersmith and Fulham. Perhaps it is no coincidence that property prices in these London boroughs are among the most expensive in the UK.The rise in the volume of estate agents popping up on London’s high streets has occurred in spite a significant fall in the number of property sales transactions.The latest Land Registry data shows London property transactions in decline, but the capital was the region with the most significant annual price increase – up 12.4 per cent year-on-year.North London estate agent, Jeremy Leaf (left), said, “The decline in number of property transactions continues to be a worry. If people aren’t able to move in and out of the market when they want to, there will be an inevitable knock-on effect for the rest of the economy. With the high cost of moving, continued shortage of supply and affordability issues with tougher mortgage criteria, this situation looks unlikely to change any time soon.”The more concentrated clusters of estate agencies are in Walthamstow and Borough, where there are 18 within a quarter of a mile of the Underground station. In Wimbledon, Ealing Broadway, Canary Wharf and Turnham Green there are 17 within in a quarter of a mile radius of the local station.Alex Gosling (right), Chief Executive of, which commissioned the research, commented, “Estate agents have been making hay while the sun shines, opening more than 200 new offices in just 12 months. It’s not surprising, when just one office can make hundreds of thousands of pounds in fees in a year. London high streets are paved with property gold.“It’s impossible to walk down a local high street in London now without passing an estate agent’s window, but Londoners will still be surprised to know there are almost 3,000 estate agents in the capital.“It’s a staggering number, particularly when you consider most people now start their property searches online, and may never actually venture into a high street agent’s office.”London London agents online estate agent industry high street agents traditional high street agents February 24, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 Home » News » Agencies & People » Agents taking over London high streets previous nextAgencies & PeopleAgents taking over London high streetsOver 200 new estate agency branches have opened across the Capital over the past year.The Negotiator24th February 20160577 Viewslast_img read more


first_imgIS IT TRUE the Mayor stated during the Ford Center press conference that the five-year lease offered to the new Evansville Hockey team has the same terms as the one rejected in January by the IceMen? …the Mayor also stated that details of the contract between Mr. Hall and the City were not available, but Winnecke said the terms benefit both the city and the team? …all we can say is we will believe the Mayors statement when we see the signed contract?IS IT TRUE the new owner of the Evansville Hockey team said “I will own the team, and (VenuWorks) came in to help me.”? …Mike Hall made it clear that he will own the team, not VenuWorks?  … we heard a rumor that the new owner of the Evansville Hockey team might have a silent partner? …when we get a copy of the officially signed contract between Mr. Hall and the Evansville Redevelopment Commission we shall find out if this rumor is true or not?IS IT TRUE if the City of Evansville’s books and records are so clean according to the Mayor and his City Controller so why does it take one year and five months for the people of Evansville to read the findings of the 2014 State Board of Accounts audit for the City of Evansville?IS IT TRUE we are hearing that officials from the Division of the Office of the Special Inspector General For The Troubled Asset Relief Program are planning to re-revisit Evansville at the end of this month? …they have ask past and present city employees and vendors if they will be willing to answer questions concerning what they know about Evansville Brownfield Corp activities and the disbursement of Federal, State and Local TARP FUNDS?IS IT TRUE  one of our readers is thinking about contacting the United States Attorney’s Office,  Washington, D,C, Office of the Special Inspector General for the Troubled Asset Relief Program Investigations Division, Washington, DC , the Director of the FBI Washington Field Office to Combat Public Corruption Division and 60 Minutes hosted by CBS Evening News alleging Evansville Brownfields Corp may have spent Federal, State and local taxpayers money Inappropriately?IS IT TRUE we wonder how many more of our past and present local officials and vendors are considering getting lawyered up concerning the investigation of the Evansville DMD alleged mis-use of Federal, State and local TARP Funds?  …we are hearing that a few individuals are even inquiring about the details of the Federal “Whistle Blower” program?IS IT TRUE why the Evansville City Council unanimously agreed that Evansville Brownfields Corp. would hold the lease on the downtown parking garage and hotel?  …we wonder why Council made this decision when there are  serious questions about the alleged inappropriate use of Federal, State and local taxpayer monies?IS IT TRUE  Gala Celebration of the Publication of The Book of David by local attorney David V. Miller will be held on Friday, 19 February at 6:00 P M at Blush Ultra Lounge, Le Merigot Hotel, 615 NW Riverside Drive, Evansville, Indiana? …a Cash Bar shall be available and Hor D’oeuvres will be served?  …we urge to come and bring your friends to meet the author and celebrate his literary portraits of the smiles, challenges and mysteries that give color, substance and meaning to life?  …signed copies of The Book of David Will be available for purchase?IS IT TRUE that if the City of Evansville’s books and records are so clean according to the Mayor and his City Controller why does it take one year and two months for the people to really know the findings of the State Board of Accounts audit of the City of Evansville?We are asking our readers to “like us” on Facebook and encourage friends and family to do so, as well?  Our next IS IT TRUE will be posted on this coming Wednesday? If you would like to advertise in the CCO please contact us City-County [email protected] “Readers Poll” question is: Do you believe that the new owner of the Evansville Hockey team has the financial whereabouts to make this venture successful?Copyright 2015 City County Observer. All rights reserved. This material may not be published, broadcast, rewritten or redistributedFacebookTwitterCopy LinkEmailSharelast_img read more


first_img72, died on December 14, 2017. Born in Union City, he attended Thomas A. Edison Grammar School and Emerson High School in Union City. He was a 1974 graduate of St. Peter’s University, Jersey City with a B.S. in Urban Studies; a 1980 graduate of Fordham University, Bronx, NY with an M.A. in Religious Education; a 1983 graduate of Immaculate Conception Seminary, Mahwah NJ with a Masters in Divinity in Pastoral Counseling. Fr. Tom was ordained by Archbishop Peter L. Gerety on Nov. 17, 1984. Between 1985 and 1989, he served as Parochial Vicar at Immaculate Heart of Mary Parish, Scotch Plains and Holy Rosary Church, Jersey City and Dean of Downtown Jersey City Parishes; from 1993-2017, he served the Parish Communities of St. Mary and St Bernard, Plainfield, the Catholic Community Services, Mt. Carmel Guild Our Lady of Mt. Carmel, Montclair, as Chaplain of NJ Northern State Prison; St. Michael/St. Joseph and Our Lady of the Assumption Parishes, both in Bayonne. He was in residence at St. John Vianney in Rutherford before he was made Administrator of Our Lady of Sorrows/Christ the King Parishes, Jersey City from July 1 – Nov. 1, 2017 before his retirement. Fr. Tom was a proud vocation from Our Lady of Sorrows Parish. Son of the late Marcella “Leslie” Leap D’Arpino and Samuel D’Arpino. Brother of the late Earl and Kenneth Roberts and Marcy D’Arpino Gray. Uncle of Amy Gray. In lieu of flowers donations can be made to Our Lady of Sorrows Food Pantry, 93 Clerk St., Jersey City, NJ 07305. GREENVILLE MEMORIAL HOME, 374 Danforth Ave., Jersey City.last_img read more

Coastal Storm Causes Flooding in Ocean City

first_imgBy Maddy VitaleA powerful coastal storm veered away, but flooding lingered in low-lying neighborhoods of Ocean City. One flooding spot was at Sixth Street and Bay Avenue and the surrounding neighborhood.Some cars ventured through the waters, while others didn’t want to chance it and opted for different routes.The city issued a weather advisory noting that Sunday’s flooding exceeding the storm waters Friday and Saturday. By the bay an SUV is safely tucked in a garage, despite the street filling with waters.The advisory said that tide levels expected to peak around 9:48 a.m. and that a National Weather Service Coastal Flood advisory was in effect until 2 p.m. Sunday. Residents were urged o move their cars from areas that typically experience flooding and told that roads closer to the beach, including Central and Wesley avenues are at higher elevation and offer the safest routes of travel across the length of the island.   A wooden horse is put out warning motorists not to travel on this street. Flooding near 6th Street made it impossible for cars to pass after a nor’easter in March.last_img read more

Cinnabon set to build national café chain

first_imgGlobal bakery-café chain Cinnabon, which specialises in cinnamon rolls, plans to muscle in on the UK market by opening 40 stores over the next five years.The company, which originates in the US and operates over 700 stores in 30 countries, recently let loose a team of muscle-bound ’Cinnahunks’, laden with samples, on unsuspecting Oxford Street shoppers. The stunt aimed to raise the profile of its three London stores in Trocadero, Oxford Street and Queensway, which have opened in the past year.General manager Janine Hoggins told British Baker that the chain hopes to open a further one or two stores in the capital this year, before stepping up its expansion with a national roll-out. “We are looking for smaller sites in shopping centres, as well as high street locations,” she said. “There are some good deals to be had on rents at the moment; we feel it is the right time for expansion.”Cinnamon rolls comprise dough wrapped around a brown sugar and cinnamon filling, topped with frosting. All components, including the dough, are made from scratch at individual sites in front of customers.The rolls are served hot and can be eaten in or taken away, with free delivery offered within a mile radius.last_img read more

Metallica To Reunite With San Francisco Symphony To Open San Francisco’s Chase Center

first_imgMetallica has been tapped to help open San Francisco’s newest major music venue, Chase Center, when the 18,000 capacity arena opens this fall on Friday, September 6th. The famous thrash metal band will be joined in the celebratory performance by the San Francisco Symphony, whom fans will remember teamed up with Metallica back in 1999 for a run of S&M concerts at the Berkeley Community Theatre, which resulted in a live album and video.Related: Metallica Covers Pink Floyd’s “Run Like Hell” For David Gilmour’s BirthdayThe “S&M²” concert, as the band referred to the upcoming event in their announcement, will also feature Michael Tilson Thomas coming on to conduct the orchestra for a portion of the show. According to a press conference held by the band on Monday which was broadcasted onto Twitter Live, S&M² will include performances of arrangements featured in the original 1999 live album, as well as “the first ever Metallica/San Francisco Symphony renditions of songs written and released since the original ‘S&M’,” including new orchestral charts by organized by Tony Award-winning orchestrator, Bruce Coughlin.“This is beyond exciting on so many fronts,” Lars Ulrich said in a press conference on Monday (3/18).Metallica drummer Lars Ulrich also added the following with Monday’s press event:The fact that San Francisco is finally getting a much needed world-class arena, the fact that Metallica get to be part of the opening celebration, the fact that we get to revisit ‘S&M’ 20 years later, and the fact that we get to share the stage not only with the San Francisco Symphony once again, but with the legend himself, [Michael Tilson Thomas], as he kicks off his final year as music director here in San Francisco. This is mind-blowingly awesome… bring it on ASAP!!!Metallica recently wrapped the latest North American leg of shows as part of their ongoing world tour in support of their 2016 album, Hardwired… To Self-Destruct. They’re scheduled to pick up again for another run of international performances beginning on May 1st in Lisbon, Portugal.Tickets for S&M² go on sale starting this Friday, March 22nd, at 10 a.m. Local, and can be purchased here.last_img read more

Brazilian And Peruvian Navies Participate In Hospital Assistance Operation Along Javari River

first_imgBy Dialogo May 10, 2010 Hail the Navy of Brazil, excellent work.I was on the patrol ship P30 – RORAIMA. I was part of the Federal Revenue Service Suppress and Embezzlement team.Regards,Irapuan Andrade The Brazilian and Peruvian Navies conducted, between March and April, a healthcare humanitarian operation for the residents of riverside communities along the Javari River, on the border between Brazil and Peru. The vessels participating in this binational operation were the Oswaldo Cruz, a hospital ship, and the Amapá, a river patrolboat, both from the Brazilian Navy, and the Morona and the Loreto, from the Peruvian Navy. During the 23 days of navigation, from the Javari Falls to the Special Border Platoon post at Palmeiras do Javari, 425 miles (approximately 787 km) away, nine communities were assisted, 111 medical, 867 laboratory, and 2,355 dental services were performed, and 222 vaccinations were given. Aboard the Brazilian ships were 4 doctors, 4 dental surgeons, and 1 pharmacist.last_img read more

Southern Command Chief Says South American Allies ‘Got Game’

first_imgBy By Jim Garamone DoD News, Defense Media Activity June 27, 2018 In 1988, Colombia looked like it was on its way to being a failed state. Drug cartels operated with impunity. The rebel group Revolutionary Armed Forces of Colombia (FARC, in Spanish) controlled vast swathes of the nation and was working hand in glove with the drug lords. Assassinations were so commonplace and brutal that a whole language developed around them. One particularly brutal way of killing was called a “Cartagena necktie.” The nation looked like it was pitching into chaos. But Colombia and the rest of the region have made tremendous progress since. At the end of May, Colombian President Juan Manuel Santos visited NATO headquarters in Brussels to further the nation’s position as the first Latin American nation to become a global partner of the alliance. U.S.-Colombian Partnership For 30 years, Colombian and U.S. officials worked together to bring the nation back from the brink and the sustained relationship across administrations in both countries has paid off, said U.S. Navy Admiral Kurt W. Tidd, the commander of U.S. Southern Command. The admiral spoke to reporters at the Defense Writers’ Group, June 7, 2018. “If we stick together, we can have very successful outcomes,” he said. Today, Colombia is “a modern, thriving, capable partner,” Adm. Tidd said. “The security challenges are still there, but they understand the challenges and they are taking the steps to continue to deal with them.” Adm. Tidd called Colombia a net exporter of security in the region. He noted the Colombian military is working closely with Central American partners to help them as they deal with their internal security challenges. Other U.S. Partners But the effort goes beyond just Colombia and Central America. “We have close partnerships with many capable countries across the region,” the admiral said. “What is not understood or well recognized is just how capable some of these countries are.” Colombia, Peru, Chile, Argentina, and Brazil “are nations I would stack up there with our very best partners in NATO,” Adm. Tidd said. “These are proud and capable militaries that have taken on broader security responsibilities.” He noted that Uruguay, on a per capita basis, has the largest presence of United Nations peacekeeping troops. Brazil has provided sustained leadership of U.N. missions in Haiti and Lebanon. Colombian officers work on the staff at U.S. Southern Command (SOUTHCOM). A Chilean general is a deputy at SOUTHCOM’s Army component headquarters in San Antonio. “This year, in the world’s largest maritime exercise — the Rim of the Pacific — the maritime component commander … is a Chilean rear admiral,” Adm. Tidd said. “These are countries that have game — they are serious, they are capable. All we have to do is continue to work together,” he said.last_img read more

5 ways to support your employees during a merger

first_imgOrganizational change can be quite exciting for credit union leaders. In the face of a merger, decision makers have put a lot of time, effort, and research into the process, working to understand how to make the final outcome as optimal as possible for everyone involved.Employees, on the other hand, may not express the same levels of excitement as their superiors. They’re often left feeling uneasy, questioning how the organizational change will impact their lives and workplaces. Will they still have a job? Should they be worried that they won’t adapt well to the changes? As a leader, you know you’ve done all you can to ensure your employees are taken care of after the merger is finalized. It’s important to remember that your employees are probably not as privy to information pertaining to the merger as you are. To facilitate a smooth, successful transition as you undertake your organizational change, it is vital to support your employees so they stay engaged with boosted morale throughout the process.Here are a few things you can do to make sure you and your employees are on the same page:1. Hold Open ForumsCommunication is absolutely imperative. Your employees need to be able to go right to the source when they have questions or concerns. If they feel uneasy and have no outlet through which to ask questions or obtain answers, you’ll likely be facing a rumor mill that unnecessarily revolves around negativity.2. Reinforce the BenefitsIt is important that your employees understand the merger is a good thing. The merger will offer many benefits to your employees and members, and advertising these advantages will help your team feel supported.Focus on:Improved technologyGreater service offeringsPotential opportunities for advancementIncreased footprintPossibility of increased salaries or improved employee benefits3. Empower Key EmployeesEmpower your workforce by inviting key employees to play a strategic role in the merger integration process. It’s vital that your employees feel heard and represented as this organizational change gets underway. Perhaps you invite employees with seniority to certain meetings, or maybe you find a way to facilitate communication by designating specific team members to be the sounding board for the other staff members. In any event, empowerment is essential if you want your team members to feel like you have their best interest at heart.4. Celebrate SuccessesSuccess may be a huge thing, or it could be something small that makes someone’s day just a little brighter. You don’t have to wait for something miraculous to happen to make your employees feel important. During this time of change and uncertainty, celebrate the little things by building a culture of appreciation that lets your employees know you’re paying attention to the great jobs they’re doing.Send out “Congratulations!” emails, have a potluck day to honor a great milestone, or create a newsletter that recognizes great accomplishments. If you’re unsure how to recognize your team, ask for feedback. That, alone, will go a long way.5. Be Part of the CultureThis isn’t the time to hide behind a closed office door. Mingle with your team so your employees feel comfortable coming to you with questions and concerns.When it comes to credit union mergers, there are a lot of moving parts. As you dig through the research, attend meetings, and finalize plans, don’t overlook the people who have made your CU successful thus far. 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Glenn Christensen Glenn Christensen is Founder and President of CEO Advisory Group the first Merger and Acquisitions consultancy focusing on the credit union industry.As a visionary and entrepreneurial leader with 25 … Web: Detailslast_img read more