Member Info for BlooBird

Excuse my ignorance ... what is an MOU ?

What do Borders plan to do with all that gas ?
They obviously won't be able to build an LNG plant on the Falklands and an undersea pipe-line to the main land is kind of out of the question.

I wonder if the 3.1p will be counted as part of the ISA allowance if the HUR shares are held in an ISA ?
This could be a problem for those who have already used their full ISA allowance this year.

Working on Oil Tankers can be a dangerous occupation.

https://www.telegraph.co.uk/world-news/2023/01/17/watch-oil-tanker-explodes-thailand-dockyard/

I was under the impression that it was based on the first 5 days (or last 5 days) of the SPOT price of oil. This is different to the Brent futures price.

longtermthinker
As I understand it, they had until 23rd Dec/22 to file for an annulment ... that is not the date it has to be decided

blatav1
I've just realised that you are probably including coal and gas ... not just oil.

blatav1
"North America holds combined proven fossil fuel reserves greater than the rest of the world combined (including the middle east, Russia and Venezuela)."
Where on earth did you get that idea ... USA + Canada + Mexico hold about 13% of world oil.

https://www.worldometers.info/oil/oil-reserves-by-country/

I agreed with most of what Liz was going to do but she just went about it the wrong way .... too much, too soon.
It's a shame because if she'd slowed down a bit and was still PM then I'm quite sure that she and the British Govt. would have supported Sea Lion whereas Rishi is more likely to listen to the greenies.

Mogger
I much admire your dedication of plowing through 47 pages of data and finding that very interesting piece of information on page 22.
Thanks.

Hargreaves Lansdown Stockbrokers Ltd.
AS OF 02 OCT 2022
45.76m 7.86%
What does this actually mean ? Does it mean that Hargreaves owns that many shares or does it include the millions that they are holding for their clients (including the few thousand that I own ) ?

https://www.the-falkland-islands-co.com/about-us/history-of-the-falkland-islands/#:~:text=Spain%2C%20which%20had%20a%20garrison,returned%20to%20the%20Falkland%20Islands.

In the comments section of the Mercopress report someone wrote :-
"the compensation win in italian court is good news for fig to collect at source the long outstanding tax debt of £60 million plus £20 million mandatory penalty for late payment. lol"
How much of that is true ?

asimpleinvestor
Also Bluewater would have asked for a larger fee per barrel, because of a drop in
future daily production, as a condition in order to renew their contract.

" · Cash production costs† of $35.4/bbl (H1 2021: $24.8/bbl) in line with expectations"
That's one hell of a jump in production costs per barrel,

"The proven oil and gas in the Falklands has the potential to form a material part of wider UK energy supply".
I really don't understand that.
Navitas, who will be in charge, will sell on the open market unless some British co. like Ineos signs an agreement to purchase all future oil & gas output, similar to the arrangement that BP has with Hurricane.

eskibeatbeater
What operation are you having in Turkey ... I thought people only had operations there for boob-jobs.

I'm amazed at how many on this board seem to think that Sea Lion oil will bring more oil security to the UK.
Oil from the North sea is sold to the highest bidder, all over the world ... so why would Sea Lion be different ?.
Navitas will do the same for oil from Sea Lion ,,, sell to highest bidder..

There's an article in the Daily Telegraph today about Italy's debt problem.
"The real danger for Italy is that it might be asphyxiated slowly by untenable borrowing costs".
Italy is going to be in no hurry to pay of this debt ... the interest on a loan would be higher than the 4% it has to pay RKH.

Thanks everyone for the answers to my original question re: distribution.