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Parkmead Share Chat (PMG)



Share Price: 142.50Bid: 142.00Ask: 143.75Change: 0.00 (0.00%)No Movement on Parkmead
Spread: 1.75Spread as %: 1.23%Open: 140.00High: 146.75Low: 142.00Yesterday’s Close: 142.50


Share Discussion for Parkmead (PMG)


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chinna1976
Posts: 186
Off Topic
Opinion:Strong Buy
Price:215.00
Danawinner
5 Aug '14
You missed one...Bob..just below blackadder. Just been named in the last month used to just be named after the block.
 
chinna1976
Posts: 186
Off Topic
Opinion:Strong Buy
Price:215.00
Pharos ..Marymullins
5 Aug '14
http://www.pressandjournal.co.uk/Article.aspx/3494327

“When I was at Dana we were operating in nine or 10 different countries, But here we have focused on the southern North sea and the Netherlands, and I think that is why we are making so much progress. We are excited about the potential in the southern North Sea. The first thing we did was get involved with Platypus , which we discovered at Dana.
And we had the Pharos discovery a few weeks ago,We are very pleased with what is going on there, and there is quite a lot to go after”
grimreaper666
Posts: 44
Off Topic
Opinion:No Opinion
Price:215.00
Pharos
5 Aug '14
Its no good wailng at Parkmead. Dana is in the driving seat as they are the operator. They're not bound by the Stock Exchange rules as they are no longer quoted. PMG posted "OUR ASSETS" on their website yesterday - Dana own 59% of Platypus & Possum and 35% of Blackadder & Pharos Regarding Platypus/Possum 'Planned submission of a. draft field development plan by the end of 2014' . Similarly, "The Parkmead operated Greater Perth Area {PMG 52.03%] is a sizeable development with a Field Development Plan agreed in principle with DECC. Additional upside [potential exists with Parkmead equity in the esarby Dolphin, Sigma and Spaniards discoveries".
danawinner
Posts: 268
Observation
Opinion:Strong Buy
Price:215.00
Pharos Platypus Possum Blackadder
5 Aug '14
Let us hope that the reason for the delay is to acquire the other pieces of the jigsaw surrounding the find so that other operators don't syphon off our gas! All should become clear once the 28th round results are announced. Frustrating though, isn't it? At that point I hope that one of the biggest gas finds in recent history is announced and we can watch the share price soar. Don't forget that TC, his family and the board have a huge share of the business and are in this for the long game. Courage mes braves, courage.
Roadster66
Posts: 87
Off Topic
Opinion:No Opinion
Price:215.00
Mary Mullins
5 Aug '14
All I can add is that at the 2013 AGM , TC was so full of enthusiasm re Pharos , Platypus and Possum that I was left with the distinct impression that they were definitely onto something . If only they would confirm it !
MaryMullins
Posts: 148
Off Topic
Opinion:No Opinion
Price:215.00
RE: Wheelyb
5 Aug '14
To balance opinions the RNS OF 19/11/2013 says
Tom Cross, Executive Chairman of Parkmead, commented:
"We are delighted to report that a discovery has been made at Pharos. This success could add significant further value to the Platypus gas field, strengthening Parkmead's position in the UK Southern Gas Basin."
The Pharos discovery completes an excellent year of progress for Parkmead."
Note the word "could"
GLA.
wheelyb
Posts: 301
Observation
Opinion:No Opinion
Price:215.00
chinna
5 Aug '14
Yep - you are dead right about TPET. Should have put my money on the 2:30 at Haydock.
rgds
MaryMullins
Posts: 148
Off Topic
Opinion:No Opinion
Price:216.00
View Thread (4)
RE: Wheelyb
5 Aug '14
There is so much in the mix at the moment that you can paint whatever scenario that suits. The Wood Report, possible tax breaks, the Scottish Referendum all could have a possible bearing on future investment by the company and any additional funding that it can attract, that's before you even consider the Athena workover, the actual position on Pharos and Perth Frustrating at times but the main priority with this share is patience. I do agree with other posters that the PR side could be better but I guess that deal making and investor information will be strange bed fellows for the near future. Good luck to all.
chinna1976
Posts: 186
Off Topic
Opinion:No Opinion
Price:216.00
View Thread (4)
RE: Wheelyb
5 Aug '14
Parkmead is in a totally different league to the stocks you mention, TPET was similar to going to a casino and having a punt. Pharos is a "Significant" find.
wheelyb
Posts: 301
Answer
Opinion:No Opinion
Price:215.00
View Thread (4)
RE: Wheelyb
5 Aug '14
Hi Roadster - my opinion is that Pharos is borderline - if it was great news they would have informed us long ago

Also I am betting that PMG is falling in line with all my other sh*tty oilees - ie drilling has been far from successful. My latest drilling failure was TPET - add to that BOR, FOGL, RMP, TRP, LOGP.

Good grief.....





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