The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Posted by SpikeyDT on iii (who seems to be looking for a top up here ;-) : http://www.ft.com/cms/s/0/55f92808-6164-11e1-8a8e-00144feabdc0.html#axzz1ngn0QyeF Remember that FPM enjoys the Norwegian tax regiem and are drilling like... Well, no one else really!!!!! GLA
ehhh... guilty. Still holding some fat fingers shares there and would fancy a Take Over party at a castle ;-) But they won't. GL
If this ain't a T/O candidate, I've never seen one. For a company this size FPM holds and handles its portfolio like the croupier of the North Sea. Their contacts and the current situation in the upstream business... Ask yourself: Which Major or ambitious 'peer' wouldn't want to get their hands on a selffunding FPM with these assets and prospects? LAST WARNING! GLA
http://www.ft.com/cms/s/0/6012733c-5f0f-11e1-9df6-00144feabdc0.html#axzz1nQyF4H67
http://www.investorschronicle.co.uk/2012/02/24/shares/news-and-analysis/the-oil-and-gas-wells-to-watch-Onkox5M4wFLu1Jbvxp3TDO/article.html Maersk took 70% and the operatorship from FPM (30%). It is Maersk's first operated drill in Norwegian waters and they will want to look good. T-Rex is a wildcat that could unlock a new play type in the area which is part of a very prolific oil region. If you like wildcats... how about going for a T-Rex?
Feels like News on Monday. GLA
Your timing strikes me as odd and I notice you don't distinguish between the share and the company. If you are going to look for more volatility then you might want to spend a few thoughts on that. Wish you good luck.
Best oilcompany on AIM and almost results on one of the biggest drills near term. And still almost everybody insists on counting the mussels on the hulls of tugboats-perhaps-to-be-for-every-other-drill-but-T-rex. code 189
http://www.regjeringen.no/en/dep/oed/whats-new/news/2012/apa-2011--awards.html?id=671297 http://www.pennenergy.com/index/articles/newsdisplay/1598890485.html Norway offers 60 new exploration licences to firms Jeremy Cresswell Aberdeen Press and Journal February 6, 2012 The Norwegian Ministry of Petroleum and Energy has offered 60 production licences in Norway's "Awards in Predefined Areas (APA) 2011 Round". The 60 licences are split between the North Sea (34), the Norwegian Sea (22), and the Barents Sea (four). A total of 43 companies applied for production licences in the APA 2011 Round. Statoil was offered eight operatorships; while Total was offered five; Lundin, E.On Ruhrgas, VNG, and Wintershall four each; Det Norske Oljeselskap and Faroe Petroleum three each; Maersk Oil, GDF Suez, OMV, Suncor, and Talisman Energy, two each; and 13 companies were offered single operatorships. (...) "
from: http://www.fp.fo/Default.aspx?pageid=1015 Blue Gold Capital Management - 10,614,636 - 5.00%
That reminds me of "5 Oct '11 Two 850.000 trades. Any ideas?", also below the sp and walked up afterwards, if I remember correctly. Though a connection is unlikely, ... it was followed by good news: 8:00 18/10/2011 Faroe Petroleum PLC - Oil discovery in Butch exploration well. GL
Best oilcompany on AIM GLA
Thx. Yes, busy company. I've been watching this one for over a year now, been in and out etc. It is the best AIM-oilcompany I know. The share is a slightly different story and because of their, sometime very suprising initiatives, I do not mind their lack of info and news towards their shareholders. Though Butch is supposed to be low impact, in the upcoming newsflow they can make it a key newsrelease, providing uplift/catalyst etc. I expect great things to happen here on the short term (250listing/TO/assetssalesor acq/prod.suprises etc.) and working on the timing ;-) GL P.S. What happened with the bid on the tanker full of oil from the US strategic oil reserves? That one did make me smile!
Any guestimates about when to expect the RNS from the sidetrack for the Oil Water Contact? They had some days? left on the contract + how many for the result? Thx GLA
LR: If sells...
Two 850.000 trades. Any ideas?
News on FDP should be with us before 30 sept When can we expect to hear about Butch? GLA
A 250 credit shareholders cheer and a persistant rising sp towards -the few Days After- Fulla.