Member Info for cat5

Spirit Energy paid for the last campaign on both Halifax and Lincoln, with future commitments paying 50% of costs in regard to future drilling and exploration. I’m wondering whether there is a time clause in their contract to either agree to further combined work on these fields or (if not) they have to walk away?
Centrica’s share price has been strong(er) over the last months so they might be willing to move forward once they see us on firmer financial ground

UAE produce around 3m barrels per day. Even IF they could increase by say 10% it would still be a drop in the ocean to the 100m consumed worldwide per day.

Seems to be fairly evens regarding buy/sell ratios, I suppose if you know what you're doing (I don't) a share price can be manipulated down.
There's always tomorrow (Putin aside).

I had real problems just now buying £5k's worth. Got them eventually

Euston......I am very envious, well done. That envy might just change to jealousy if it transpires that you bought a milliion+ at that price, and then I might just have to come round to yours and lob a brick through your window......

Oil has dropped around 4%, hardly a cliff, are you making mountains out of molehills?

We are currently NETTING around $100 a barrel, and there's 10,000 of them a day here currently.......Work it out

I'm stupid, so please explain exactly what you mean, because I'm not getting it.

Being a LTH myself your sentiments ring with me any many others I'm sure. I had intended to sell out at around 12p (my break even) but either greed or the fact that we are in a unique situation is stopping me.
We await news on paying off the bondholders and an extension to the FPSO, and with the prospect of BOE hitting $150+ a barrel means that I might just still make a profit here.
I'm gonna wait, but best of luck to you and all LTH's

It's an unfortunate fact that (excuse the pun) the Russians have us and many others over a barrel. This is why our government need to be moving us to total energy independence ASAP.
There are still many opportunities or us in the waters west of Shetland

It might suit HUR if next offload came early April? I take it BP's choice would then be the last 5 days of March or first 5 days of April?

Hi easy. I think you may have accidentally pressed your x2 button on your calculator, 10,000 per day at $100 a barrel over 30 days more like $30 million a month?

Also you could continue production whilst replacing the failed pump

Certainly we can't knock Dr T's belt and braces double pump approach, I would have thought they must be in parallel otherwise it might be impossible to draw fluids through/past the failed pump?

Chique, I hope you don't mind my opinion based on what I understand which is OPEC+ are unable/unwilling to make the increases being made by Biden
https://www.reuters.com/business/energy/opec-oil-output-boost-december-again-undershoots-target-2022-01-06/#:~:text=The%20OPEC%2B%20agreement%20allowed%20for,figures%20seen%20by%20Reuters%20show.

Such a shame we had to P&A the Lincoln well, I seem to remember it was because we were going to exceed our flaring limit in order to lift what was found?

What's the betting we get a RSN from HUR stating "we know of no reason why the share price has driven up"

I'm sure Malcy is a perfectly nice guy, but I have to say I think his opinion is about as much use as a chocolate teapot. There has been nothing in his past blogs that has helped us.
Sorry to be bitc*ing

My comments were fairly "Tongue in cheek", although this (at the moment) is a large chunk out of my pension I am hopeful and certainly not on my uppers (so to speak).
Keep smiling

Months!!, try since 2014...... "Wouldn't want to be out of this over the weekend", "Don't sell your golden shares" and "This will be twenty squillian quid by Friday"
One thing though, it's taught me to lower my expectations when news does come.