UJO/Humber7 Nov 2019 20:59
As a Small LTH in UJO I follow what’s happening, but very rarely post. The short term future of Rathlin/Reabold some what sorted with the recent placing, but if the West Newton discovery is as good has I hope, at some point UJO will require a placing but what interest’s me is the other large stakeholder Humber O&G how do they proceed. IMO I have felt for a long time some kind of deal between these two, between them they would have a 33% stake, which would give them a much bigger voice in the proceedings. I have been expecting some kind of cooperation between the two since the departure of FL and see very close relationship in there portfolios. If some kind deal happens would it be good for the PI’s, I see this as the next step after Wressle, providing we get a favourable result. Only time will tell so many if’s and buts, but a interesting scenario.