it would be nice to get back to that sp , but broker targets are like wet finger in the air (yep it's from the east) . speaking of targets , Portstanley on 1st dec , post 50p? . well I replied I had a PP in low 60's and was going to look at charts as wasn't sure on 50p . he was right and there was a PP @ 50p . well hope people was quick this morning , it dropped to 52p ( so had to put my tranche back in ) and got in under 55p . not saying it is the bottom (if oil does drop further chance of lower than 50p) but if we finish above 57p chance that 52p was bottom . i'm happy bought tranche at 70p sold 80p bought back at 54p , thank you Saudi's , could you please keep the oil price down to mid Jan . if we are still at these levels in sp or lower i'll be buying some more .
Adoption of a phased lower cost development solution for Sea Lion, together with revised commercial arrangements with Premier, significantly de-risks the development and allows us to move towards project sanction without the need to bring in a third party. While the expected date for project sanction has been delayed to mid 2016, we continue to target first oil during 2019.
It was Sauron who mentioned your dog. But then he is maybe confusing smug with his enemy Smaug. Telegraph article today on Japan economy directly conflicts with the article in the FT on the same subject. Looks like nobody really has a clue. Will the oil rally continue. Probably not yet. BOD confirm drilling now!
I PMSL when I read your post, nice one. :-). It's a bit rich to suggest my dog should become my wife when my she already barks and growls like a doberman, could not be married to both of them....or could I. :-) GLA
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