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Agree selfish. Lets be clear on this. The lack of a farmout for Inishkea is firmly the fault of the current Irish government. Their energy strategy is in a right mess. Mr greeney ryan i believe has been the problem here. His party hold a lot of sway in goverment and can collapse the coalition at any time they choose. Then its back to the polls yet again. My attention now turns to the N. Sea. Also morocco has now a better chance of a farmin due to world events imo.
What better time to enter thr N. Sea. It has now become a crucial asset to the uk as we navigate a different world order moving forward.
https://www.ft.com/content/654b3cb4-f98c-49d5-bd80-0b87260b14f1
Most of the free world are about to ban russian oil. What will happen to gas is anyones question. Ireland has a stark choice. Look for a more secure energy supply closer to home or just accept the Uk will be the guardian of that supply moving forward. Seems corrib is depleting faster than i thought. I think we will know soon enough which way Ireland will turn.
Interesting figures here.. Corrib now only supplying 27% of gas to Ireland. The rest is suppled from the Uk. Getting to a critical point imo for energy security.
https://www.thejournal.ie/explainer-energy-prices-russia-5698511-Mar2022/
With all the teddy throwing going on we dont have long to wait...Roll on Q3...
Https://www.proactiveinvestors.co.uk/companies/news/975727/europa-oil-gas-inks-transformational-deal-with-i3-energy-plc-on-serenity
Hello glasgow.. If my memory serves me right you probally have been here as long as i have. As LTH we seen the sp colapse to 0.8. It was nice to see the sp recover somewhat only for it to evaporate again but for me its short term. Now we have a drill to look forward to Q3. Ive waited long enough for Europa to do something. I can see the Sp recovering and even getting much higher on the build up to the drill. So no worries here from me. I always try to look at the bigger picture. Gl with your investment.
Welcome forrest. I am a LTH holder here. A lot of investors here are not happy but im not one of them. Ive seen the sp sink to 0.8 so im not worried it will recover closer we get to drill time and the prize, well that speaks for itself.
Seems application to conduct site survey withdrawn.
https://www.gov.ie/en/consultation/7c5629-public-consultation-on-an-application-for-consent-for-a-site-survey-/
https://www.rte.ie/brainstorm/2022/0204/1277746-russia-gas-supply-costs-disruption-europe-ireland/
" The risk of a supply interruption has ignited the debate on whether Ireland should look for gas in Irish waters to increase our security of gas supply" .