Member Info for acrossthesea

Looks like Goldman Sachs, sees PMO as a good buy.

Esk, this will go up because of the huge reserve base in the rest of the assets, oil flowing from Lancaster.

Looking at the big picture, Warwick deep drilled at Spirits expense, two more drills to look at, all other assets just as before, short term irrational market moves, a great time to buy.

https://seekingalpha.com/news/3474354-talos-energys-zama-appraisal-well-results-top-expectations

Just a great time to buy, pmo is a steal in the 60s

Premier has hedged most of is gas production for 2019 http://www.premier-oil.com/premieroil/media/press/trading-and-operations-update-27

Premier has hedged most of is gas production for 2019 http://www.premier-oil.com/premieroil/media/press/trading-and-operations-update-27

Looks like the US is hoarding oil, U.S. crude oil imports averaged 7.9 million barrels per day last week, up by 1,065,000
barrels per day from the previous week, this is the oil build this week. Oil price takes is level from US inventory stats, this keeps the price down. Great to buy low and sell high, good business

The development with AM is there to prove up the viability of Hurricanes thesis on the basement play, it is a very small part of the overall portfolio. The valuation for just this part of the assets at over £1. If the model is proven the pay back will be many multiples of £1.

No need for a placing! funds from Pakistan sale today and funds on hand should cover anything that PMO bid for.

and another E.ON? never close the door on a deal.

Transferring funds from the impatient to the patient.

Hopefully another E.ON style stroke of Genius, what ever deal may be being worked out TD has shown himself to be a master deal maker. Yes Solan was a disaster, but the rest of the picture is very bright, all the top management are major shareholders, they are not looking to reduce the value of their investment. GS are playing with this to make money.

Warren Buffet moment

https://seekingalpha.com/news/3433711-saudi-halts-production-worlds-largest-oilfield-unplanned-shutdown-report
https://seekingalpha.com/article/4241170-saudis-oil-policy-fool-twice-shame-you

Very unlikely, Richard Rose bought 20000 shares this week, there was nothing about a fund raise in the recent update, this fall is about oil price and the world economy, nothing has changed for PMO apart from the price of oil, WTI at $50 will slow down US shale, and OPEC will reduce output to balance the market. Failing that PMO is well placed to deal with Brent at $50 dollars for a year.

I think you are both saying the same thing:-
£200/100000 shares =£00.002
20000p/100000 shares = 0.2p

Could you copy and paste the over from CGH

Many thanks

Rome was not built in a day, 6 months ago the share price was 71.45p, today the price is 133p, a 61.55p increase or in percentage terms 86% up. Everything is now in place for PMO, I would expect another 86% increase in the next six months; this would put the share price at 247p. The daily movements are just noise, if you can call the daily movements well done, otherwise just hold on and enjoy the ride.

Share price down to where it was last Friday, sorry quick buck holders, you win and you lose!! Never lose sight of where PMO is now and the outlook for the future. Very low turnover today and this will bounce back. This will be over £2 very soon.

https://seekingalpha.com/article/4206053-premier-oil-catcher-oil-field-running-net-debt-decrease-fast?source=email_rt_article_readmore&app=1&dr=1