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https://www.eveningexpress.co.uk/fp/news/local/ineos-says-forties-pipeline-repairs-progressing-well/
https://www.eveningexpress.co.uk/fp/news/local/ineos-says-forties-pipeline-crack-stabilised Ineos says Forties pipeline crack ‘stabilised’ by Mark Lammey 14/12/2017, 8:19 am Ineos has said that the small crack which shut down the Forties crude pipeline has stopped widening. The 235-mile pipeline system links more than 80 North Sea field to the UK mainland and the Ineos site in Grangemouth, delivering almost 40% of the UK’s North Sea production. The petrochemicals giant said late last week that it had lowered the pressure in the pipeline after identifying the hairline fracture at Netherley, near Aberdeen, but did not have to shut it down
https://www.investegate.co.uk/serica-energy-plc--sqz-/rns/forties-pipeline-shutdown/201712120700050269Z/ This will impact Serica's production guidance for the year to 31 December 2017, which has been revised to approximately 2,000 boe per day net to Serica from the Erskine field.
https://www.investegate.co.uk/georgian-mining-corp--geo-/rns/operations-update/201711230700032838X/
http://www.fool.co.uk/investing/2016/11/16/are-aggreko-plc-soco-international-plc-too-cheap-to-ignore-at-current-levels/ This oil producer could pump cash Today's statement from Vietnam-focused oil producer Soco International contained the disappointing news that a $52.7m payment due to the firm from a Chinese company will be delayed for "at least 30 days". Soco says that the company, a subsidiary of the China National Petroleum Company (CNPC), does acknowledge the debt, but has requested technical information about the asset from CNPC. In the meantime, Soco remains well financed, with net cash of $83m and no debt. Indeed, I believe Soco's ability to generate cash could improve rapidly if the price of oil rises. The group's breaks even on cash flow in the "low $20s" per barrel. This suggests to me that a relatively small increase in the price of oil would be enough to trigger a sharp increase in Soco's free cash flow and operating profit. Oil from Soco's Vietnamese fields usually sells at a premium over Brent Crude of about $1 per barrel. If the oil price stabilises above $50 in 2017, I'd expect earnings guidance for Soco to be significantly upgraded. It's also worth noting that the group's dividend is expected to rise to about 6.1p per share in 2017, giving a forecast yield of 4.5%. With Soco shares trading at a discount of about 15% to their tangible book value, I believe this stock remains a medium-term buy.
Is it normally as wide as this ?