Speed took me by surprise..........usually like watching something doing something very slowly here.
Smell of money I guess.........money in bank is the best de-risking though I would like to think there are reports of countless intersections of oil sodden strata on our Kurdy drill ........leaking out and starting to nudge sp and a sign of hysteria and manic buying fever to come
Thanks offerman. I got my information from the oil barrel conference, I think. Either that or a message from Tom on the iii site. In fact I would say we are owed more than 124$ million as we did not stop producing in the interim. It would be good to get 60 million before Christmas. It would do our case for a full listing a world of good. I was delighted and surprised to see SP break the £1.60 mark. I am sure the BB's will be buzzing over the weekend.
Hi Riverboy, I know at one stage they owed us about 125m$ but it is less than that now , i think around 60-80 m$ , it will be paid back by the end of 2014 by either installments or two one off payments.
I`m open to correction on this but that`s my take on the Egypt captial repayament situ.
All around Naples and that part of Italy with highly toxic waste by the fly dumping by the government contractors mafia won contracts and the people can do nothing . However , come around talking to drilling for oil to help the italian economy and you cant even harm a daisy on land or a sea crab . I say lets get the mafia on our board of directors for pci and see if that gets things moving . Only joking , not , yes i am , no i am not i dont thing , or am i , or am i not or i don't know . There can't worry about libel now , especially if its all true . joke
ROME--Italy could produce up to 20% of its oil needs, double the current level, Eni SpA (E) Chief Executive Paolo Scaroni said Friday.
"Italy isn't Saudi Arabia, but it's richer than France or Germany" in terms of oil reserves, Mr. Scaroni said in an interview with Radio 24.
He criticized Italy's environmental regulations as excessively severe, saying that adopting regulations like those in force in Norway or the U.K. would allow Italy to double its domestic oil production.
Eni and other companies are boosting their production in the southern region of Basilicata.
Mr. Scaroni also said that Eni's production in Libya was at one-third of its potential level due to problems in the country.
In addition, he said that he would like to serve as CEO for a fourth term. Top Eni executives answer to the Italian government, which has a controlling stake in the oil company through direct and indirect holdings. Mr. Scaroni called that an "anomaly."
Asked about the government's plan to sell a 3% stake in Eni, worth 2 billion euros ($2.7 billion) as part of a privatization plan, Mr. Scaroni noted that Eni had no say in the matter.
He said that Eni's share buyback plan would be executed over a 10-year time-frame and driven by market conditions, and not driven by the government's agenda.
The thing that I have noticed about the sp recently is the way that the spread opens and closes, as I write this it is showing 4p, a huge spread. Anyone knows how this works, there must be open competition in the MMs field, or perhaps they all meet at the local greasy spoon?
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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.