Member Info for Beanup

Only if Tullow elect too.

Raisng the price to ensure II rights issue goes through - and Pi's are fully diluted ?

"Action" has been all one way for a number of years - be careful what you ask for. No real game changers imminent, wit hthe rest a long way out. I've held off averaging down - in the bottom drawer for now. BWTFDIK.

Don't know about lucky, Trap Oil has been my doom 20p to 0.3p, hey i'm only down nearly 50% on this one !! Keep smiling.

Hopefully the Decommissioning will be a phased event, with liabilies ring fenced. With impairments annually due to $70 break even, I guess the Company is hoping for an early resolution re life of field. No rationale for anyone to increase holdings, in this climate with regard to SEY operations. For myself its a long way back to 30p.

Well, here we go for this years installment. Total to commence drilling (40% Operator) in March. Difficult times when any bad news adversely effects the share price - any one know the CoS on this one?

Study ongoing for Pil.Bue & Snilehorn tie in to Norde. All good news and grist to the mill

Mopping up time for PG and then put in an offer.

Could someone enlighten me on what happened to the Orchid Licence? Looking at the porfolio on the website, its gone, but I didn't see it on the relinquishment RNS. Total disaster this one for me, and it looks like they have been forced to pay upfront for Athena Decommissioing and Niobe drill. Looks like a roll of the dice on Niobe. Dana Liberator discovery adjacent to Magnolia projected at 15m barrels - can't see an appraisal drill. Tasty morsel for someone possibly but that just amortises my losses - bag of dung

Perhaps peops are becoming aware of disparity between capital and market value ?? Nothing of note as a driver but expect its going back to settle at 24p and then +/- on a weekly basis

We should have around £68 Mill in cash. Like all, I am fast becoming disallusioned with this daily search for a baseline beneath our market Capitalisation. Chariot?? Hold them as well, but can't see it.

CNR are removing Murchison Platform shortly. It is in 156 metres of water and will be severed leaving the jacket structure still in place (30-50m above seabed or thereabouts. DECC are onboard with these artificial reefs as well as the huge drill cutting mound being left in place - as they don't want to disturb. If this thread is about Athena - no such look as infrastructure will all come out

I must applaud FPM for a speedy response to my missive with regard to Directors share holdings of less than 0.1%, a next day reply from the Commercial Manager. Impression given was that Markets give scant regard for Director purchases - although I do !!!

I am assuming this is a reference to Paul Curtis, that invested earlier in the debacle

Concur with your summary although it is beginning to be rabbit out of box time. Past history has shown a similar "fair price" ratio in preceding years, as per when Paul Curtis initially bought in. I thought at the time, after the share price dropped a couple of pence, that I would also add to my holdings. Its been a difficult downward spiral, adding at "value" moments. Sitting on a million of these at an average of 10p. Not for the faint hearted, so DYOR and good luck on any return.

PG must be feeling ill advised, have bought a substantial amount in the 8p / 9p range. Whole market in E & P down, nevertheless, TRAP is effectively sending a message that its capitulation time. I thought AEY was a disgrace, but I cannot fathom this one out. So, interesting assets, insufficient cash for drilling prospects, no visibility of Rig availability, no news on farm out -whats the odds on a deeply discounted II rights issue of say 200 million shares at 5p - not enough - lets say 1 million and effectively dilute all pi's out of the company

Tender out from PMG for Valves for 2018-2019. I guess it will be a while !!

Definitely a Lochard Energy

Been catching a few of these drops myself, but bladder full now. Over to PG to continue mopping up, although drip volume appears to be slowing. It now all hinges on positive news flow, going forward, any negative and it will begin to look like Lochard Energy.

Concur with Silverknight re Surprise/Nutmeg Drilling schedule, as well as Brule. Increase in holding to 18.6% by any shareholder does give speculation that something is in place on this flat lined share. Drilling costs of circa 28 million for Surprise/Nutmeg alone, beg the question - if it happens - re farm out / capital. i'm a mug, but it does begin to look interesting when assessing along with Romeo,Orchid, Valleys, Homer, Niobe and any Athena longevity