I prefer to chance my arm with falcon oil , an awe full long way to go at 88e . Falcons starts fracking this may in Australia . Some of the their RNS are top notch with regards beetaloo drills. 2 majors involved split three ways , 2016 superstar for me
Looks like 88E could be the next PANR. They eventually finished 145% up at. 83p with hunters talking about 3p possibilities. One hopeful even thought 30p eventually possible. Good luck to them I say. Our turn next with any luck..............
testpack, that maybe so but reading this except from the Guardian, LNG plays a big part in the deal.
"It would appear that Shell is looking at BG Group’s LNG assets as it looks to diversify further away from its core oil business, at a time when new exploration for both oil and gas is becoming increasingly expensive in terms of cost versus returns.
Given that BG Group is one of the world leaders in LNG and recently completed a $20bn facility in Australia, the acquisition here could well draw a line under a turbulent time for BG Group, which has struggled with management uncertainty over the last 18 months, and in the process given shareholders a rather torrid time"
Not quiet correct re BG being a gas co. It's assets in Brasil produce 146K boepd, of which 5K is gas. Some believe it is the BG assets in Brasil that Shell wanted, As an aside, upstream oil in Brasil is v profitable, Whilst retail petrol/diesel/ethanol prices have reduced generally in line with the crash in poo, In Brasil retail prices have increased. Obviously a cartel being operated by the largest disgraced company, Petrobras, and I'm sure Shell are happy to follow as a major retailer in Brasil, and LA.
I have a money saving idea. Keep one webcam in Italy and splash out on a brand new one for Morocco. Save all the transportation costs and if at some point we get action simultaneously in Euroe and Africa we can see both.
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