Thinking, now 10p lower than when I first bought in may 2010... No flowing oil, no revised figures or 1+ 2 p??? Money now left aim to safer places after Greek/eurozone problem, now wars in middle east, Ebola... Etc. Now just waiting for the next political crisis/earthquake/oil leak and it will be curtains for all on aim.. Total mess worldwide... Rc, throw us a bone pls
Probably about time to issue some more, if they could..
Where's the news on the driller MOU for starters.. And what's the FSO going to cost and can they get it in time.. Would be real nice if they could abandon the big boy way to production, whoever dreamt that up with all the resultant delays and into an oil price recession, use the relatively cheap rates and availability of rigs now, revert to the old plan..
Not sure how waiting 2 yrs or so works with the license dates?? Am I right in thinking they expire in 2016?.seems strange to me, selling 38 kbopd in a producing field with yrs more production to come regardless of what you have in the north sea/anywhere! Strange also that shell have been heavily divesting!!maybe they' be secretly developed hydrogen and oil will soon be worthless, lol, tongue in cheek!
Thanks to Phantom for the Statoil sales gen. The most telling phrase from the Statoil spokesman was: "To prioritise high potential future developments, Statoil has realised substantial value from transactions ..." If anyone has high potential its Xcite. OK, the sp rises and falls like the tide but the oil is still there. I bought in a long time ago now at 78p. I'm still confident of a great return even if that means waiting another year or two. Smile, we're on a winner
what is going on here, with this share- im not really sure where we are going with this- or what is really happening!? Whats the story with the Bentley Field now?? I know its going to be along wait- are there any drills on the horizon?? Are we going into production soon.........whats the next step for XEL- as it only seems to be stepping backwards??
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