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Premier Oil Share Chat (PMO)



Share Price: 71.75Bid: 71.50Ask: 72.00Change: 0.75 (+1.06%)Riser - Premier Oil
Spread: 0.50Spread as %: 0.70%Open: 71.00High: 72.25Low: 71.00Yesterday’s Close: 71.00


Share Discussion for Premier Oil


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Mrd5432
Posts: 6,326
Off Topic
Opinion:No Opinion
Price:71.75
Andy
Today 10:58
It dont take long for that to change. Not everyone knows yet.
 
andy.p
Posts: 6,606
Off Topic
Opinion:No Opinion
Price:71.75
RE: 75p
Today 10:38
Mrd,
The volume doesn't suggest it will be today.
Mrd5432
Posts: 6,326
Off Topic
Opinion:No Opinion
Price:72.00
Cashferret
Today 10:20
We got light crude anyway. Itl only dilute it a little.
TheCashFerret
Posts: 1,148
Off Topic
Opinion:No Opinion
Price:72.00
RE: Ros
Today 10:18
you mean you would **** in the tank hahahaha:)
Mrd5432
Posts: 6,326
Off Topic
Opinion:No Opinion
Price:72.00
Ros
Today 10:16
Plenty of time yet. They on 6k. Need another 4k. Before it can be rns'd. Ive told all the staff on catcher if you need to relieve yourselves do it in the tank to help us get to 10k. See the things id do if I was CEO
Krakenoil
Posts: 213
Off Topic
Opinion:No Opinion
Price:72.25
RE: Future
Today 10:06
Ychang ... Dividends in 2019 WTF !!! I doubt that will happen until the debt is reduced to around a billion, if not below a billion. Long way to go before that.
I hope your right but wouldn't hold my breath.
ROS1
Posts: 1,070
Off Topic
Opinion:No Opinion
Price:71.50
RE: 75p
Today 09:57
Oh please, please ... I picked 13th :-). Always positive, still time today!!
Mrd5432
Posts: 6,326
Off Topic
Opinion:No Opinion
Price:71.00
75p
Today 09:50
Rns is coming.
Neil7
Posts: 28
Off Topic
Opinion:No Opinion
Price:71.50
North Sea Shutdown.
Today 09:39
http://hisz.rsoe.hu/alertmap/database/index.php?pageid=event_desc&edis_id=ED-20171212-60983-GBR

The North Sea is headed for a sweeping shutdown unless a small crack in a pipeline near Aberdeen can be fixed quickly, industry experts have said. Owner Ineos said it would take "weeks rather than days" to fix the leak, which was detected during a routine inspection at Netherley last week. A number of residents were evacuated from their homes, a road was closed and a cordon was set up after the discovery was made on the Forties Pipeline System. John Scrimgeour of Aberdeen University's energy institute said a lengthy stoppage meant North Sea fields would have to stop producing due to a lack of storage capacity. Oil giant BP said last night that it had already stopped production at three of its hubs while the problem is dealt with. Prominent petro-economist Alex Kemp said the shutdown would be painful for oil producers and for Ineos, but that a spike in petrol prices was unlikely to follow. The price of Brent crude rose by nearly 2% to $64.61 per barrel yesterday. The 235-mile pipeline system links more than 80 North Sea field to the UK mainland and the Ineos site in Grangemouth. It delivers almost 40% of the UK's North Sea oil and gas production. Ineos completed a deal to buy the system from BP for up to £190million ($250million) at the end of October. The petrochemicals giant said late last week that it had lowered the pressure in the pipeline after identifying the hairline fracture, but did not have to shut it down. But yesterday Ineos said the crack had got bigger, forcing it into a controlled shutdown. Ineos said in a statement: "Despite reducing the pressure the crack has extended, and as a consequence the incident management team has now decided that a controlled shutdown of the pipeline is the safest way to proceed. "This will allow for a suitable repair method to be worked up based on the latest inspection data, while reducing the risk of injury to staff and the environment. "As always, safety remains our top priority and local residents, Forties Pipeline System users and other stakeholders are all being kept fully informed of the situation as it develops." Alex Kemp, professor of petroleum economics at Aberdeen University, said: "If it takes a couple of weeks to fix then I do not think it will be a big deal for motorists or the national economy. "North Sea tax revenues are so low that it's not a big deal. For motorists I think there should be oil available from imports. "But producers will feel very unhappy. They will suffer and some will have to stop production ? and they do not like doing that." Mr Scrimgeour, executive director at the Aberdeen Institute of Energy, Aberdeen University, said: "If it takes weeks to repair oil companies will start to down-man, and that will have an impact on service companies." Mr Scrimgeour also said he was concerned that the same problem w
Cockadoodletwo
Posts: 482
Off Topic
Opinion:No Opinion
Price:71.50
View Thread (2)
RE: No
Today 09:30
Andy, you don't seem to have had time to reply to my post of 842am this morning even though you've seen it. Mind you, it's a difficult one to reply to isn't it?

If you were more consistent in your analysis Andy then I suspect you wouldn't alwys find yourself in the Top 20 most filtered posters on LSE. Invariably your posts are ignored by others and receive no replies which s the product of them not being seen by most people because they have filtered you.

Anyway, I will await your reply with delight. I wonder how you will try and defend your inconsistent analytical approach to PMO's price movements? Will you defend it? Can you? Best to have a straight reply that tackles it head on methinks. Whenever your ready. Thanks.




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