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All gone very quiet here!
Wow seen Tullows RNS this morning, looks like I’m going to be quids in today
Nope I bought 100,000 shares in Enquest and 75,000 in Tullow, far better returns !
"including discoveries in neighbouring licenses".....so why did PMG relinquish Polecat and Marten..?
-----------------
Open the door for Longboat Energy.
Everyone seems to have missed the Platypus update on Friday?
"Project Summary
The Platypus field is located in the Southern North Sea gas basin in Blocks 47/5b and 48/1a, 18 km (11.2 mi) north-northwest of the West Sole gas field and 15 km (9.3 mi) west-southwest of the Babbage field. As a result of the successful appraisal well in August 2012 the field is being progressed towards development subject to an economically acceptable transportation offtake route being secured.
Recent global event project update: The Concept has been approved for a tie-back to Cleeton Platform with onwards export to Dimlington. Tenders for Rig, XTree, Subsea Pipeline & Facilities EPCI, Umbilical Supply and Controls Supply have been received and are being assessed. Platypus Sanction was expected in Q2 2020 which is under review as we are assessing the impact of COVID-19 and the general industry economic situation. A further update will be published once we have a clearer picture of how we intend to move forward."
A snippet on Buchan also from Jersey earlier:
"Concept selection studies are being conducted to identify the optimum solution for development of 20/5a & 21/1a reserves. In parallel technical and commercial evaluation studies have commenced for a collaborative development of the wider Greater Buchan Area including discoveries in neighbouring Licences. Studies are examining the potential for a reduction in development costs and an increase in value for all participants arising from a a new production hub in the area, potentially including electrification in line with the Oil & Gas Authority's ("OGA") Maximising Economic Recovery ("MER") strategy for the UKCS and reducing CO2 emissions. The current phase of work is scheduled to conclude Q2/Q3 2020."
"including discoveries in neighbouring licenses".....so why did PMG relinquish Polecat and Marten..?
Agreed 100%
Given the dire news on oil that PMG has held at around 30p is very encouraging and for those willing to play the long game now is the time to buy a few more imo. Anyone feeling brave?
Every one in the same boat Scooby !
SOb just saying that’s all fella, so many sells and hardly a fall, now other days small sells and it tumbles, makes no sense whatsoever p, crude has gone to $10 today and lower, where is Brent going?$20 ? PMg doesn’t really have association to oil prices I know, but it seems to affect companies whether they do or not!
Wait for the **** storm to happen! Cos it’s going to happen !
Scooby: serious shareholders holding ! Cmon you need to stay focused.
A lot of sells today, Wow and hasn’t fallen, it is due a fall back any day!
Love me Greta , Greta maid
Never let poo come between us
When you get dark thoughts
Let me pump them all away
Standing by a dotty teacher
The world stage goes to reach yer
Filling in expenses in a little white book
In platts she does’nt look much older
Than Mrs Noddy Holder
Lovely Greta may I ask
Would you like to bask
In our garden for tea ?.
With apologies to Lennon and McCartney
Mary, maybe cluff will end up taking PMG out, we hold half the cash value, and Shell as a partner
:-)
Mary! and Cluff is debt free and has £13 million in the bank, as a well as having Shell as a major partner, also Cluff have now applied for a license with another international player, name change subject to shareholders approval, I agree once license rounds are announced I see someone taking this company out! We are trading under cash value for a reason!
Lucky, you sound like a bit of a loon, fella.
Nothing untoward doing on here. I've met the man several times and he is a fine chiel.
My comments were for 'LuckCounts' .
I was only referring to your use of the excessive use of the upper case on your keyboard . Not interested in your earlier comments whatever they were .
There certainly seems to be some corroboration between the two. Selene prospect relinquished by PMG picked up by CLNR. If there is any merger I would think PMG will wait until the farm out process is further along on the road. PMG and CLNR have good assets but both need a big player as JV. Big ask at the moment.
GLA.
Cluff name change to Deltic Energy ! Subject to shareholders approval
Mary see the correlation between Cluff and PMG now?
Watch them take cliff out and cash as well, Cluff is just sitting waiting, this is on the cards !
Said it a couple of years ago, I have seen it happen way too many times,
Above reported in CLNR finals.
PMG have 75% of Blackadder and CLNR 25%.
“Technical work continuing on Licence P2428 (Cupertino), P2424 (Cortez) and P2435 (Blackadder) in advance of prospective farm-outs”
GLA.
These are some serious accusations. Suggest you report to the FCA if you truly believe this. LOL.
Will you stop shouting , I get your drift - I think .
Davde: Aye Tom expanding into renewables was always going to be the case. Buying Tipperty through his wife for Parkmead kept his intentions as low key as possible.
Davde hopefully so, this direction of development reminded me of the BP push into renewable energy so maybe TC following the majors and diversifying. PMG a company with gas revenues, onshore wind income and oil reserves a tempting buy for a larger player or is that we will be a medium sized fish in the small pond? Either way fine as long as I see this back at 60p!