Heard on the street that Tullow have been pleasantly surprised by its seismic data in Namibia and... http://goo.gl/gdCrJk
IF we get ANOTHER duster.....
....that would be a disaster i know and would mean TRP had failed for the 20th time. I actually got lucky after W1 failed and decided to buy at the almost impossible low of 0.85p. I was one of those that 'bottled' out just before the news and managed thus to save my bacon and a nice little earner as well. However, this time i didn't go all in...just a little just in case of success. i hedged my bets and took a nice position in Faroe Pet -FPM that stopped production in 2013, knowing that when production recommenced the shares would fly....pi's left the stock because of the long delay and many have yet to hear of the great news... http://www.investegate.co.uk/faroe-petroleum-plc--fpm-/rns/njord--hyme-fields-recommence-production/201407211414168730M/ Panmure Gordon are on to this with a BUY target of 204p. Now that FPM is back on track it is expected to reach MAY's high of 155p in short time? dyor, hedge your bets with TRP,...you know it makes sense? ES today - Market Roundup - Portfolio - BUY http://www.standard.co.uk/business/business-news/market-roundup-weir-said-to-be-back-in-the-hunt-for-a-finnish-target-9623733.html
Surely it would be half decent of them to update us on the result of the meeting in Madrid even though they probably don't have to do it, I'm sure I read that they would update us regarding the conclusion of the meeting...
RE: RE: RR
They've probably already done that. Is there a requirement to release the results via RNS? Would hope for some explanation but with a 30% chance of success they don't really have to justify why it failed. Most wildcat drills do.
Ah I was hoping it was still near the drill site, which could have indicated what the company plan to do next, I didn't think it would take this long to review the failings of this apparent "world class prospect"
Somewhere off Angola drilling LOCOSSO-1 well for Repsol
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