Member Info for Ash78

Very decent update for me in the current climate. Key for me is the maintenance of the intention to pay the dividend as previously identified. This is against a fairly sharp divi cut by PSN and therefore in my view is a good sign of company strength going forward. On the up!

Where's that Richard fella?!

Far from the initial sp reaction some have been spouting about but nevertheless it's early shows at this stage

Any danger?

Maqsood7 give over, give it a rest

Have to say WWP that i agree with many of your points.

As i recently mentioned i can't see a huge queue of potential buyers for Kveikje. I remember it was originally downplayed when the drill result came in and now it's going to change our fortunes. It's our only short term hope to try and monetise it.

We'll have to wait and see and i keep my fingers crossed but i don't think we are in a great negotiating position with anyone that does want it

Any danger yet SS?

'Dinghy Energy Plc' more like

The very significant problem here is that any potential buyer of Kveikje (be it in cash or swap for production) will know of our current financial predicament and therefore we are far from being in a good negotiating position to extract value.

Let's look on the bright side, new oil provinces will be geologically forming whilst this lot seek a production deal

4 years this November since admission to AIM no less.

First casing point reached... fingers crossed

Haggis, the problem is that 'cash in the bank' is continually depleting

Haggis, the problem is that 'cash in the bank' is continually depleting

Maqsood7 could i have an ounce of whatever you're having ;)

A lot when we have nothing coming in

Talking about oil seeps close to our Turkish venture, what about the oil gush at Gatwick?!

Agree, they ought to have been aiming to be a bigger player in smaller producing fields. Think we'd have all expected some income by now

I'd like even inconsistent income at the moment Mozza. LBE has just been a money drain since inception

True, hopefully the long decline is now behind us!