Member Info for Auson

Mrd5432,

Why ? What are your thoughts on PMO and ARCM ?

I think we need to see some buys back in millions again. Not been any big ones since someone dumped 2.3m shares at 22.7p

Dark_Knight2020,

She is but I would say not for that reason, we still dropped to 39p after she had made that comment. I think the 2 an 3 year guidance of around 70kbpd might be deliberately low in order to give more grounds to sack the CEO ( for under performance )

Bootledogger,

Good point looks like the power station contractor is based in Southampton.
Where are Premier Oil based again was it London and Aberdeen ?
https://www.theconstructionindex.co.uk/news/view/southampton-contractor-wins-falklands-power-contract

ralph2010,

You're right the job description doesn't mean its oil and gas or that its funded.
' Partner Oliver Irwin pioneered a cutting-edge financing concept in the upstream oil and gas sector — paying for mega-projects with hybrid project financing and reserve base lending — to help get a $2.4 billion offshore development in the Falkland Islands off the ground, landing the London-based attorney a spot as one of Law360’s 2019 Project Finance MVPs.'

ralph2010,

What, they are not even looking for an 'expert' oh well its probably just to fix a few pot holes then.

Iknowthis,

How do you know its not going above 130 ?
Picture this,
Predatory offer at 90p rebuffed
Carapa drill is good
New CEO
Guidance revised up
Brent $72
$900m assets sold to Total as was previously agreed

Darkelf99,

I think we are very likely to see Brent in the $70-$75 range next year, which will help this move back well above the £1

Just a thought, did the board kitchen sink the guidance in order to give grounds to dismiss the CEO ? At WPP as we know there were allegations made against the CEO who by mutual agreement stepped down and left the company immediately, an NDA was signed by both parties. I have heard the detail but obvz can't say what it is here, suffice to say it was a complete 'witch hunt' over there.

Iknowthis,

My marine traffic doesn't show as need a subscription. I would guess the drill would need safety vessels.

bluemoon71,

Just got to ride it out I guess, should come back to that level if we don't get taken out that is.
I think the best situation here would be a predatory bid which is rebuffed.

Hi garyn,

I thought it was delayed ? On the other board people are tracking the support vessels which according to them still haven't left the drilling rig yet.
What are your thoughts on TLW at this point ?

Sean56,

Its 15p on the bid

Deathlehem,

What are you blathering about ?
'Bracewell Partner Oliver Irwin pioneered a cutting-edge financing concept in the upstream oil and gas sector — paying for mega-projects with hybrid project financing and reserve base lending — to help get a $2.4 billion offshore development in the Falkland Islands off the ground, landing the London-based attorney a spot as one of Law360’s 2019 Project Finance MVPs.'

Godders99,

Well lets hope not, you should ask at work for views on this, mine is they are only reporting half the story. What if like last time with Premier the bond holders knew they could access stock at a lower level in the future.
https://www.thisismoney.co.uk/money/markets/article-7767747/Premier-Oil-target-record-132m-short-bet-Hong-Kong-hedge-fund.html

Hi pompeydaz,

Lied to by who, RKH, Premier Oil ? or This guy, his law practice and the Law journal Law360 who reported on it ?
https://bracewell.com/news/law360-mvp-bracewell%E2%80%99s-oliver-irwin

Godders99,

Understandable, have you been following the ARCM large short story on Premier Oil ?

Hi Godders99,

That was just a 5 share UT price, the last trade was a buy at 15.02 and after the close a sell at 14.7.
Hope your doing ok.

We need two price monitoring extensions. On only 48 trades ?
A UT of 5 shares ! Last nights UT was for a whopping 1 share or a mighty 15 pence

jimdson,

Thats rich regarding offensive jokes coming from the one and only Jim Davidson.
Hope cuddothisnow has got a good sense of humour. Sorry Cuddo just jest I trust you'll understand.