Member Info for Awkword

Can anybody let me know where BP are likely to get 1 million barrels flowing by the end of 2027 from (note the coincidence with SeaLion first oil), if not here?

Anybody else think the post election day on Monday can affect the share price dramatically?

I never questioned the futility of Argentine invasion as my message states.

Huge companies like BP can be very cautious because they tend to attract pension funds etc. who like to have all the boxes ticked before committing large amounts

If BP thought there was a serious chance of Argentinian invasion they would not be invested heavily there.

All it takes is the press of a couple of buttons to wipe out their navy and air force.

Financial institutions cannot commit to FI until the latest sabre rattling from both parties is out of the way.

Under threat from both sides, Miles has stated he would try and negotiate a deal to takeover the FI but it may take a long time.

BP have stated they would like to increase their online oil flow by 1 million barrels per day by 2027.

How?

US banks have already mooted a takeover, albeit over 12 years back, so I doubt if Wall Street will back Milei.

BOR will run out of cash soon, but still rumours persist of farm in.

BP and other oil majors can buy them out of their petty cash drawer.

Sea Lion can get them 150k per day in a few years.

That should read 7 October 2024

On October 7 2014, BP announced they would be renouncing their suspension of hydrocarbon exploration.

On October 8 2024, Starmer reiterated that the UK government was committed to defending the Falklands.

Both BOR and Rocky have climbed in sync since.

In February 2025, BP announced that thet would try to dramatically increase their online oil production by " The end of 2027".

Which of their projects elsewhere will allow them to do this?

The Rocky FID and sanction are clearly being synchronised to prevent a lowball takeover, and I think the offer of 3% a week after FID may be an olive branch to investors who may end up disgruntled if a they sell the shares on the FID day before a takeover can be made.

A decade ago I was dissed by rampers here when I told them this share price was going nowhere fast and referred them to another share which soon started paying a dividend a while before it got taken over. So I confined my rocky input to private emails with eegbvi.

I since cut the breakeven on my holding by 90% by averaging down.

Now the expert opinion is that I am a ramper and not a damper.

Please make up your minds, and while you are at it explain why BOR price has gone up in sync with rocky?

Also, the value of the pound against the dollar has fallen as much as the oil prices has in the last 15 years in percentage terms, so the valuation is not affected by the oil price fall

I apologise for getting a detail wrong.

In March the breakeven price for sea lion was revised down to $24.

I suppose that makes me a mockery

Borders and Southern hardly have enough money to last until 2027 buy their share price has sextupled with no imminent FID.

Anybody else think that likely BP takeover can push Rocky over £6 after FID?

249 barrels tested in 2010 £5.70 now 314 barrels £7.

Plus 240 at isobel £3.

£10 adjusted for dilution =£3 now.

$45 cost per barrel in 2010 now $30 should take price up up to £4.50.

Add boost from sanction and FID announced at same time to prevent lowball bid.

Argentine shale at $36 per barrel and US at $60 plus. Both rising.

Low cost of labour in current market due to unemployment.

Borders price sextupling in sync with rocky despite being on brink of collapse in wake of BP board battle.

Mooted tax reduction in FI.

40% increase in price when firm news of US Bank takeover mooted in 2012 likely to be larger if BP arrive.

How do you think all this will pan out this autumn?

$

These dampers seem not to realise that the cost of extraction here more than elsewhere is likely to add way more to the share price.

The geopolitical situation is much better now and BP's shareholders are going to drag them to buy this and BOR.

These dampers do not probably take into account

I suppose a formula that calculates a fall from 92p pre FID to 70p post FID explains why BOR have seen their price more than quintuple after BP started a board battle that saw them retract that statement a few months later despite the fact the BOR do not have a chance of drilling.

Rocky have seen their share price go up in sync.

You mention first oil.

Do you seriously think BP will not be in charge of both firms by that time?

The cost of extraction has plummeted in the basin faster than elsewhere leaving a profit margin of 15bn pounds

The cost of production has fallen since then.

The pound has lost 15 percent of its value against the dollar.

The new share issues are massively oversubscribed.

FIG have mooted tax cuts to get things going.

When an American firm mooted a takeover in 2012, the share price went up by 40 percent.

BP obviously have BOR and Rocky in their sights, so the sanction and FID are being synchronised to prevent a lowball takeover.

600p is well possible upon announcement

Speculation on the day of the FID will likely be substantial.

BOR price keeps shadowing Rockhopper's despite the fact it has no chance or money left.

I think we all know why BP announced that they are returning to hydrocarbons with the North Sea closed.

As I pointed out, eegbvi and I posted at a takeover 9 years ago

What is not baked in is the current Market cap of 500m pounds.

600 barrels of crude is worth 40bn dollars, half of it profit, with US shale produced at double the cost.

By the way, had that private conversation with eegbvi 9 years ago, and we both agreed the column at isobel could pay 1.5 by barrels, double what is on the table now

Are you aware that BP have returned to hydrocarbons recently and that I and eegbvi in a private email agreed a takeover was coming?

Share dilution should not affect the price going through a multi bag upon FID. THE DILUTION HAS ALREADY BEEN FACTORED INTO THE CURRENT SHARE PRICE.

The pound is a lot weaker vs the dollar post Brexit, which matters here.

If you insult me again I can always annoy you with more factors, which you can Trash with your infallible logic

You are aware that share prices tend to quadruple after the FIS with one well, and Rocky has two.

This share has been close to 600p with one well and not two.

BOR is nowhere near drilling and it's share price has quintupled this year