Member Info for andyh1978

Yeah and as far as I can see the reason for THIS move is based on a politicians words in the press! Don't get me wrong I hope climbs, climbs climbs but a lot of new money has flooded in here over the last week and people should be cautious.

Go and look back at the history here, some of us have been in for years waiting and hoping. Last summer it went from 7p back to circa 1p.

We've been here before, in. the event no news over the coming weeks this will slip back to 2p possibly lower. Also need EA approvals too.

Some strong buys moving in to the close, anyone for a nice RNS Monday?!

Not sure what has really changed here, a few loose comments from a government official which was played down by BPC who are, as ever, still negotiating.....

I'm a LTH here and we have seen this all before.....

or maybe, finally, this is it?!

Feel sorry for those that got in at 2.75 on the hype. Long Term this will come good but fear we are heading back to sub 2p and another prolonged period of no news. Hope I'm wrong....

I've not seen a spread this tight for a long time, looks like its ready to pop!

Hold on to your hats....

This isn’t going back under 2p. No chance. More news due on other licences and a JV with a “small” company. I believe this has levelled out around these prices and expecting to see steady consistent rises over the coming months. Don’t be fooled by those looking to gain by talking this down. Much at play here - keep the faith.

I know! I can’t make sense of it all! Hopefully some more news soon?

When oil prices collapsed in 2014, the flow of money into energy projects in the North Sea dried up. Investments dropped to less than £500m in both 2016 and 2017, after reaching as much as £17bn in 2011. Companies, after all, were less keen to invest in new projects after their potential returns had just been marked down significantly. But others have seen it as an opportunity to strike. In November 2016, Siccar Point Energy — backed by Blackstone and Blue Water Energy — purchased the North Sea assets of Austria’s OMV for $1bn. It marked a turning point for the region’s fortunes. Over the past two years a number of new companies have burst on to the scene and are shaking up the industry. Many are backed by deep-pocketed private equity firms, which are sitting on record sums of dry powder. So far, more than $12bn of private equity money has been pumped into offshore oil and gas assets in the UK North Sea that had gone unloved by the oil majors. The North Sea is fertile ground for private equity-owned companies. With assets on the block from the likes of US majors Chevron and ConocoPhillips, another $13bn of private equity money is expected to be pumped into the industry this year. One of the biggest factors behind the sea change? Regulatory changes that allow buyers to offset future decommissioning costs with tax relief.

As far as I’m concerned anyone that wants to spend that sort of money is a BIG positive. I will be topping up today and genuinely see this multi bagging over next six months.

GLA

This will be an MM’s dream over the coming weeks. Sit back and enjoy the ride.

Good times are here...

GLA.

Excellent. The more coverage the better. The masses will arrive next week!

It amazes me that still some negativity being posted this morning. This is arguably one of the greatest results AIM has seen given a JV with such a Major.

This is an unbelievable result. Sit back. HOLD. Watch. oh and DYOR.

SHELL JV!!!! It’s show time.....

Great News. Looks like all will fall into place. I work in M&A and nothing ever runs to time. The fact it’s only a week extension is a very positive indicator. GLA

its on now!!

I'm confident that this is going to play out nicely with plenty of upside!

GLA

No real support or decent volumes for weeks yet SP holds firm. News shortly. GLA - HOLD!

Deramping again Riz? On what’s basis is “sub 2p” on the cards?