Talking about hurricane They're doing one well straight down and one sidetrack! RIG is coming from Norway! Fracture basement granite reservior Expected to commence drilling end of June / July Robert trice getting XCITED Knowledgeable oilfield investors invest Simples :-)
I worked in Norway for a while and dealt with Statoil, Norske hydro, Norske Shell, Norske BP and I know how they operate! They take their time about everything! Statoil know what they want, and they usually get it! I believe they want BENTLEY because the economies of scale with mariner and eventually Bressay are too compelling ie they can't afford not to! I believe their initial interest was to get a feel for the deal Rup and crew wanted, but also knew that the process would be protracted in this environment, with us being backed up into the bond; eventually! Now the boot is on their foot instead of Rup and crew and I think they will make a deal at a fair price, because the Norwegians are tough, but fair, infact very fair; in my experience! Time will bring all things to an end Knowledgeable oilfield investors invest Simples :-)
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.