That's both Brasse and Njord North Flank been given the green light. Its business as usual for FPM, whilst others sit on their hands during this prolonged downturn, they spin the drill. Admirable, and its time they lucked out. M & A must be tempting at the present time and it would certainly temper the markets reaction to another duster if coinciding - there are a number of tasty morsels that would cover the Njord shut in.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA don't even reply on the matter, now is your chance to have your say. If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go!
If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.
So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. We really need a social / media savvy individual to help generate more interest in this.
This petition will hopefully be the ring pull; sitting on top of the can of worms that’s allowed under the current rules and administered by the FCA.
Decided it was time to dip the toe back into oil. Good article in D Mail today, looks like producers are coming to agreement on reduced output. Also note that Baker Hughes rig count is lowest for almost in living memory, down from around 3000 Feb 15 to around 1750 Feb 16. With Brent Crude touching $41/b today, must remember to fill up my c/h oil tanks!
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