Nice to see I am not the only one that checks Canadian prices. The larger increase is because the TSX price was at a one year low yesterday, had a bit of catching up to do to day. If only London would move 40% on 7000 buys!
We haven't seen the share rise to a 3 month high like this since 2012. I will remain suitably sceptical until we have seen a few weeks of rises.
Depends what they do, and the timing of the pesky DECC FDP approval. For sure they will want to get the major components out there and set in the mid year weather window. What's not quite so clear, or maybe it is now, is what they intend to do about the previous producing wells and whether they could be brought back in quickly. Originally as I recall they wanted to produce from the last one, but noticed a possibility now it might be either shut in, or used as a water injection well. Wonder if they are worried about status of the well after such a long time it will be since the EWT. There's also a comment about a revised drilling and completion strategy, including the removal of all subsea wells. Presume that's all the old wells. How or what are they going to use and when to achieve that.
that I am... this warm fuzzy feeling is great & justified by todays Rasr...BUT ...please do not relent on the bod having more Options. The sceptic skeptic that I am just wonders why this was so late ... sorry but enough is enough, we do pay them quite well...
Datafeed and UK data supplied by NBTrader and Digital Look.
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.