wont say why for legal reasons... anyone love percentages ... this share has dropped 50% half its value from its high of 1.8p ish to hover around 0.9p ish . that's 50% lower , but yes you all know what I'm about to say . .. to get back to the high of 1.8pish it has to double in value yep 100 % rise .. love it .. percentages and how to confuse school children my next book after the Midnight Cruise full short story is published .. he he he ,,, .evening all
We have, what, trillions of it. 9 trillion recoverable. Never mind the oil. The gas must be worth 3.00p on its own. Let's get that cpr out and if well 34 has extended it further. Maybe they had a mishap and hit oil. Lol 16:07 Future Energy Demand; Gas to overtake po... steveinvestingagainInteractive Investor client Energy demand over the period 2010–2040 will increase by 60 percent, from to 256 million barrels of oil equivalent per day (mboe/d) to 410 mboe/d, according to OPEC’s World Oil Outlook 2014.
Throughout the initial part of the projection period, oil will remain the fuel with the largest share. However, after the 2030s, the share of the three fossil fuels converges towards similar levels, at around 25–27 percent. Although coal eventually becomes the fuel with the greatest share, gas is likely to overtake it post-2040, OPEC’s report said.
OPEC said in absolute terms, natural gas use rises faster than any other form of energy supply; in percentage terms (2.4), it also grows more rapidly than any fuel except non-hydro renewables.
From 2008–2013, global gas demand grew at an average of above 2 percent per annum, which is the fastest rate among fossil fuels, the report indicates.
OPEC predicts world gas supply at the level 69.4 mboe/d in 2020, at 87.6 mboe/d in 2035 and 110.9 mboe/d in 2040.
Hi, been waiting patiently on this one after piling all my 1.7p top slice back in at 0.97p and feeling smug till it started to sink like the oil price!. I'm guessing they've drilled a few wells here so are we sinking through impatience and oil worried or worry they've drilled out of the structure whilst trying to find the edge of the gas? Oil is such a long game and we're onshore so no worries on that part for me. There is so much upside here I don't mind if they have the odd blip on shallow wells either whilst delineating the fields. Hopefully we'll be drilling for proven Varang sponsored oil soon and well beyond 1.8p for good. That's where the real value lies! Hopefully onwards and upwards! RD.
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