The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Not so sure about pipeline offshore, rules are very strict and submarine pipelines are trenched when they are laid and covered. Being as much of the North Sea oil is formed in the sediment layers that run onshore, e.g. Kimmeridge layer originates at Kimmeridge in Dorset hence the Wytch Farm reservoirs, sweet crude is not just offshore with low API at Horse Hill and Wytch Farm the Horse Hill API . Wressle is similar API around 40 all similar to Brent crude. That is one of the very many attractions of UJO concessions they would seem to be 'sweet' crude or should be.
North sea oil generally has a lot more barrels per resevoir, is sweeter crude than onshore, is generally pressurised from below with water and from above with a gas cap, you can lay pipelines without having to bury them, you can install templates and manifolds and make the seabed look as ugly as you want and you dont get swampies, or local councils needing to discuss it ad nauseum and also, no roads, no policing and no twat with a drone hassling you..... thats a few good reasons for offshore oil... but youre right, onshore is easier geneally.
hoping - they do it all the time on AIM. Its a technique of devaluing the share to what it should be so that its a bargain placement at bargain basement prices thereby being oversubscribed. It was likely to happen after the placing as it was overvalued. Better this way round I reckon. The punters always end up paying, that's the first rule of investing on AIM where money raising is required. Companies join AIM for that very reason to raise money quickly at low risk to the company. Serious investors must know that long term prospects for UJO are good even when we go into the inevitable UK recession. Beats me why a certain oil company takes over Buchan oil field in the N Sea and SP climbs when offshore oil is expensive to develop and produce whereas onshore is much cheaper but that's the way sentiment works. Offshore oil is expensive to produce onshore is cheap its as simple as that.
silence - hopefully not of us lambs to the slaughter
tv - what else is worth watching ?
leaks - what leaks , oh with you, the upcoming big oil leaks
sheets - you and your soft office spread sheets
watch - certainly hope that's all done with
especially on from the great heights of £5-7m+ 's
and got any Nacho's ?
like waiting at an lse bus queue, waiting for at least 3 rns's to come at once
Low volume today.
Shame. So much to shout about here.
Guess we wont see Top Totty for a while yet.
Hi Lunus,
Why will sentiment return if we deal with companies and people who have proved twice now that they are incompetent and/or should not be trusted?
Happy to be corrected.
It is like sitting in a room of silence.
We must not speak, but watch the TV screen of the rig going up.
Do not dare question said leaks etc.
My spread sheet does not indicate December Lunus1
Watch, be patient and hope we do not get shat on again.
Pass the popcorn.
Down we go again at the point where the real work on site is looking more promising than ever before.
UJO must wield the axe and heads must roll.
For us to have any association with companies or people whose actions have, for a second time, screwed us over is madness.
All imo.
Sorry to disappoint but those ´´buys´apparently were cross overs from one broker to another!!
He sounds premenstrual .
Lol!
What experience is that then ? C'mon ramping and wishful thinking ain't gonna get this share moving. News is what we want mostly connected with Wressle. No news is good news though.
Make that 3 big buys over £90000 each