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Fudd the north sea investment is dead with most of the majors selling assets. Too much tax and too much politcal inteference from Nicola Sturgeon.
Fudd, you know perfectly well Nicola Sturgeon will be holding a Scottish independance vote shortly which she will probably win.
Every clock is correct twice a day. Ilika has no profits and the share price will correct to value.
Nicola Sturgeon probably killed off Cambo. Lets hope the FIG take note os Shell's move.
fudd those figures were stated two years ago when the oil price collapsed and rig rates were down by 50%. I think more importantly Russia and SA can't increase production by a great amount and US frackers will only produce more with higher prices. The majors have curtailed new investment. We also see the US has been releasing oil from the strategic reserves for many months now. This can only lead to higher prices going forward.
Wrong fuuddstone, most the remaining big oil is in deep water. Deep water is $100 oil.
Fuddstone, you are the one who needs to do the research. Yes there is ample oil in the world but at what cost to extract. All the cheap extractable oil has been used (low hanging fruit).
You obvioulsy didn't read the article. Oil will skyrocket well past $100 when OPEC can no longer keep up with demand, estimated in a few years time. (Perfect for Sealion)
HBR reports next week I believe. Hopefully an update.
If RKH and Navitas sign a heads of terms and agree FID based on funding , I''ll apply for new share issue if offered.
So many bitter investors here who need to take responsibility for their own actions. Never invest more than you can afford to lose.
Nonsense. Goliath still a huge money pit regarless IMO
Navitas sure to climb aboard with $100 oil looming.
cubane1 , I too am scared of oil prices going forward. I think oil shortage/ inflation is going to crash the world economy.
https://blog.gorozen.com/blog/running-out-of-spare-capacity-global-oil-markets
When the new deal with Navitas is announced there will still be moaners.
I think management have better things to do than to reply to "certain e-mailers"
Beware the trolls. Godders, Nigel, lsetown , you all probably lost vast amounts of money. Suck it up.
In at 5p and things look good here to make money.
Parkwalk Advisors Limited just sold below 3%. Probably agree with me. Dump Goliath.