Member Info for Callum28

Gordon
We are some of the old crew but theres experience to had among us.

Ei are making some decent money out of Carbon storage even at this early stage in East Irish.
https://www.upstreamonline.com/energy-transition/-vitally-important-project-eni-awarded-licence-for-carbon-storage-in-the-uk/2-1-889287

India is allowed to use oil and gas as it catching up on West .

But games over once in developed countries for oil gas exploration.

.https://www.nytimes.com/2021/07/16/world/europe/climate-change-germany-flooding.html

Net zero is the only game in town for Developed countries.

India is different ,they are entitled to play catch up.

Doesn't take a genius to work out where the big money is going in next few years

https://www.ft.com/content/e992e634-1d86-4398-99ed-6d6ca76105

Anyway fingers crossed Roland can deliver a sustainable company .

Gla

Roland's switched on.
The minute he mentioned Carbon storage and capture in East Irish i knew he got it

Watch as over the next 10 years the shut down all non ESG /Carbon storage oil and Gas production in the UK.

Either you offset the footprint or you won't be allowed to play .
https://www.theguardian.com/politics/2021/aug/04/labour-calls-for-hard-edged-end-date-for-oil-and-gas-exploration?CMP=Share_AndroidApp_Other

Conger and Gordon I'm in holiday down in Tenby right now.
So that Plan works for me :)
Most of the market chills in August
We will see
its a marathon not a sprint
GLA

Sell in May and go away, and come on back on St. Leger's Day."
Maybe that's Roland's and Joe's plan ;)

It's pretty obvious from this article that the new minister and the ministry are going to assist oilex in there JV .
Let's hope he means it when he says thing have changed at the Ministry of Oil and gas

https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-seeks-foreign-private-investments-in-oil-and-gas-production/84912691

It is quite cheap now Conger
I don't try to buy a bottom tbh but some do
Just look at those 10k buy trades circa .17 today .
At some stage there will be news ,just gotta wait.
Gla

Gordon
Yes all very famous or infamous people who suffered mental health issues .

Yuri
I guess we are all about mad here on Oilex ,remember when I though you were a Russian and living in Moscow .
Bit of an off day that was but funny in retrospect ??
Teaches me to take my meds

You know for a while I actually thought Gordon and Yuri were the same person posting .
I've now realised that person would have started in this line up

https://allthatsinteresting.com/historical-figures-mental-disorders#4

Lol

Well I'm a crap tamper cause the share price was 12p back in 2015
Now it's .018p
I should be on a leader board for worst rampers in history ;)
Ever !
Gla

Quantum
That site been up for years .
I remember it back in 2014 when cambay 77h flared .
Should have seen the spike when that happened on social media .
Gla

I'm no 17 wow

Maybe
Gla

Money it's a gas ;)

Gla

https://open.spotify.com/track/7Gx2q0ueNwvDp2BOZYGCMO?si=HOUA1t3eR5G83bSN-z16Eg&utm_source=copy-link&dl_branch=1

Pretty obvious that an new drill in East Irish will need a CCS plan attached .
https://www.standard.co.uk/news/uk/scottish-parliament-government-greens-shetland-north-sea-b947136.html

Oilex is pre-nelp so qualifies should be a big help developing Cambay field.

https://ommcomnews.com/business-news/indias-oil-gas-production-processes-simplified-for-older-investors/amp

Ducks lining up slowly .

Gla

Good article by the IEA
Seems to spell out the future for energy in India.
Of course we have to get the product out of the ground but I'm confident we will with funding.
On a different note Energy and commodities may end up the safest place to be for a few years ahead if inflation starts to tick up.
https://www.theguardian.com/business/2021/jul/11/uk-food-worker-shortages-push-prices-up-and-risk-christmas-turkey-supplies?CMP=Share_AndroidApp_Other

It's happening everywhere !

Gordon
all the big funds etc are moving to ESG investment models as there is an awareness that in commercial terms something has to give.
Its interesting what you say about scientists, I didn't agree much with one particular chemists decisions, but she nailed climate change issue very early
“The danger of global warming is as yet unseen, but real enough for us to make changes and sacrifices, so that we do not live at the expense of future generations,” she told delegates, according to a transcript of the speech archived online at the Margaret Thatcher Foundation.8 Apr 2013
In her 1990 speech, Thatcher praised the creation of the Intergovernmental Panel on Climate Change (IPCC), called for precautionary action, and argued that economic growth must benefit “future as well as present generations everywhere.
As I said that's why I like the Carbon storage stuff in oilex
As for India Steven I agree that gas has a long way to go there Ive posted before that natural gas in INDIA will help offset the effects of coal burning there 
https://scroll.in/article/991030/a-new-book-argues-that-natural-gas-is-indias-best-choice-for-moving-away-from-coal-and-fossil-fuels

GLA

I liked the bit about Carbon capture storage.

ENI are doing that off the coast at wales.
https://www.eni.com/en-IT/operations/storage-reuse-co2.html

Anyone with brains can see in the next 5 years that you will not be allowed to take Gas or oil in the UKs territory out of the ground or seabed unless its carbon neutral.

which means some oil and gas companies on AIM with UK assets will be duds if they cant meet the challenge of being carbon neutral not matter how much stuff they say is in the ground.

its pretty obvious the world is heating up and I for one dont want to invest in a company that doesnt respect that in energy production

Roland was right in saying gas has a place for the next 30 years or so but it has to be carbon offset

I know some PIs are all about making money but if you want your kids to grow up in a better world invest in companies that are trying to make it so otherwise we all suffer

Anyway thats all mid term stuff

Everyone wants Jam today ,given that we have had to wait 6 years another 3 months max is nothing.

The SP moves which ever way it wants in that time.

GLA

You know there a lot of money coming into aim right now
In total, £309.08mln has been raised on AIM through new issues in 2021, while existing listed companies have raised £3.55bn so far this year, indicating that AIM is surviving and maybe even thriving.
https://www.proactiveinvestors.co.uk/companies/amp/news/954639

It's certainly looking good in terms of macro finance

Plus Roland is in the ball with the Carbon capture stuff.

Either trade it daily like some of these guys or stick in the bottom drawer for a few years .

Either way it will come good .

Gla

Steven
The Ministry of Oil and Gas meet once a month at committee level

It looks like June was skipped with the change over in the ministry.

July is the next committee meeting

Just a guess

https://mopng.gov.in/en/page/13

Gl Steve

Ps I was the same as Conger took 6 years to make a decent profit .

It will be quicker this time round as oilex really was stuck in a mire since 2017 and we really are just picking up since then.

I've 60k currently in iex so want the Business to succeed just realistic on timescales