Neither. I don't need to be a relative to give credit where credit is due. I believe AKW has spotted a really good tip with excellent timing here and has done so many times before, hence my great respect for his opinion.
25 Sep '15
RE: Well timed tip
Are you AKW, or his dad?
23 Sep '15
Well timed tip
Managed to buy in here ahead of today's fantastic RNS thanks to a well timed tip in AKW's oil & gas pipeline newsletter on ADVFN. Great news and just as the share price had bottomed out so IMO we'll see a nice rise from here.
With the UK companies it is almost as if they really don't believe that they should actually start producing. How many times have we heard after a possible strike has been found that the company says it will now go ahead and submit planning permission, meaning they have to write it first, so we are at least a year to 18 months from submission. As you say, in the USA they do things differently in casscade in the UK they do it decade
19 Sep '15
Same reasons as the 14th onshore licensing round flopped . We still don't know whether the govt is going to promote shale or is hoping it will quietly go away and die . From the evidence we've seen so far it looks like the latter and boycotting of the 14th onshore round by international investors suggests the market thinks so too . Now we've got a severely greentarded frackwit as leader of the Labour party , people are deciding to invest in companies where E&P companies can operate . Whilst I think the Conservative party is useless and feudalist rather than capitalist , Corbyn's labour party is completely hostile to business and particularly fossil fuels . Yes Wressel is probably commercial but it has taken 2 years to get it to production . If (as in the U.S.) you are drilling wells every 6 months and getting them on production within 6 months then it is possible to get compound growth . With the pace of operations in the UK it isn't - which is a major reason why U.S. shalers aren't interested despite the geology .
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