Member Info for buffit

Hi Everyone. Been a Premier Oil shareholder for a few years & a while later bought into Rockhopper. Leaving aside the history of their association, I'd like to know their current relation re the Sealion Project in the Falklands.

To get the ball rolling, this is my understanding ( CAUTION : I could be way out ). I'd welcome feedback on this topic.
1, Rockhopper is the licence holder.
2, Premier is the farm-in "partner " ( What does the term mean & what does it
entail ? ).
3. Premier ( presumably in consultation with Rockhopper ) is seeking an additional partner ( another farm-in ? ).
4. Rockhopper has just issued a PIM ( Preliminary Information Memorandum ), forming the basis of a loan application for the project.
5. If everything is sorted ( finance etc ), Premier & Rockhopper will each ( independently of each other ) produce a FID ( Final Investment Decision ) - the
go-ahead for the project.

I am positive about both companies, but not attempting to sway opinion. I am merely trying to get clarification of the situation - certainly for my benefit & probably to the benefit of others on the board.

Push off you red-nose twit !

Thanks Mogger - looks good.

Take more water with it redwine - maybe then you can write in English.

Thank you for the info TR. It doesn't have to be up- to -the minute data. GTLD - it shows the general trend.

Yup

" Ovets is Carrot " said Smiley - good opening line for the latest Le Carre novel.

I have a trading account & an ISA with ii & pay one fee for both - the fee, trading charge & trading credit seem more than reasonable to me.

I'm happy with II - from June 1st : £9.99 per month, £7.99 per trade, 1 free trade per month.

May 16th.

Translation ?

You're in good company - just done it .

RNS of 2/4/19 states FEED done in Q1 2019 - is this relevant ?

95.5

Differing opinions on WHY GS are in PMO. Can anyone explain WHAT they're doing ( as shown in RNS's ) - are they just buying & then selling 6% of PMO ad infinitum or gradually building their holding ?

Yup

When others think it's Wednesday, it's time to tune in on Thursday.

Time waits for no man.

Well said, sir.

Yup