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Thanks Smoggy63. Maths was never my strong point.
Japanhouse - Would you please elaborate, as I checked the figures twice.
If wrong, it'll be me, and not my calculator!! (bad tradesperson blames their tools, and all that).
I make it 1.98%
Board hold 6.75m shares.
Total shares in circulation = 3,408,207,658.
Therefore: 6,750,000 / 3,408,207,658 = 0.0198, or 1.98%
300m off the top of my head. I think there were mentions of this in some of the video/audio interviews with Eytan Uliel and /or Simon Potter (on Proactive etc)
Of course, we did lose the Seadrill rig to Exxon just before Covid, so the delay can't all be blamed on the virus.
It's an interesting article nonetheless.
I wonder, is the title just a little hint at what's to come, disguised as a plausible-deniabilty 'mistake'....
I found a PDF doc with the same title, via google, but it's from March 2011:
https://www.google.com/search?client=firefox-b-d&q=FirstEnergy+Capital%2C+BPC+Strengthens+its+Financial+Position+Ahead+of+Farm-out
Linton, the '...ahead of farm-outs" article doesn't seem to be available. I get a '404' error.
There's a window of time when Stena are contracted to announce the details of the rig.
This is between 1st September, and 31 October 2020.
So, barring anything out of the ordinary, IMO, the next significant RNS could be expected from Tuesday 1st September 2020.
Spend c.$11m buying out Predator?
The Carron is closer to Bahamas, but word on the street says it's the IceMax, currently anchored off Gibralter.
The silly season is well and truly upon us, it seems.
Surely a drill team that's been tested as Covid-free, can be quarantined ready for deployment.
And 'backup' personnel can also be put in place.
This isn't rocket science.
Trader111 - your 100,000 Cerp is now 80,300 BPC
IK - I'll second (or third) that.
IK - I love a bit of Pangaea with marmalade in the morning
Bryn, I too am a RHPS 'victim'. It was so hot, I got my fingers burned many times. Fortunately I was new to the game, and only playing with a small pot.
And yes, hindsight is a wonderful thing; that 7p was a 'gimme', but I didn't take it either - we seemed to be so close to positive news at the time.
Speaking of WNZ...:
https://oilnow.gy/featured/surinames-block-58-could-hold-6-5-billion-barrels-of-oil-morgan-stanley/
Great work, as usual StarChild.
I very much enjoyed reading your summary of the situation and potential newsflow.
Great find bynari. Good that the merger is getting coverage.