Correct Jeff. Oil at this level, consistently, is better for PMO (and most economies) rather than the peaks and troughs we've seen over the last six months, although that is nothing compared to a few years ago...
As stated in the RNS, dissipation of hydrates is not a major undertaking. Methanol is normally constantly used to prevent hydrate build up. Not much too it really.
Not necessarily.The worst may have passed over. Or indeed, this may be the start of a major correction. Being optimistic though I'd like to think by this time next week normal service is resumed. Chin up Jeffery!
About a year. Offloaded 50% of holdings following sidetrack. Hoping to top up again before this goes above 200p, just waiting for a couple of sells on other stock.