Member Info for Charlie156

The tone of the RNS suggests Tyrus had had enough of Blakeley. I have no idea of the quality of the team taking over, although the newish CFO gives me palpitations. The next year is about sorting out the stretched balance sheet and minimising downtime. Blakeley's departure is warranted, he lost the confidence of the market a long time ago. I wish him well.

Stockmaiden offers a reminder of the scumbags who use these forums.

Production average of 21,094bpd up to Nov 28. Last year production average of 11,739bpd for Nov 2024.

I think I can comment, you doughnut. You have been buying all the way down since the shares were over 50p, yet your average today is near 25p. You have zero credibility, you buffoon.

The last Stag infill was hideously expensive costing $60m, whereas the PM infill in August 23 cost less than half that and paid its way. I don't understand why Skua is the next infill in H1 25, opex in Aussie fields is far higher than in Malaysia. The next infill there would offer far more shareholder value.

Roxi has come up with far dumber posts than even that one.

Nov 23 started off with 6 dot days, averaging 11,739bpd, so the business has really upped its game. Should have 9 months coming up of well over 20,000bpd.

Roxi, you were saying exactly the same this time last year. The best thing you can do for the share price is button it. Your daily nonsense has played its part in scaring investors off.

The issue is MA is a far more competent CFO than KT, and would have handled a tricky Q&A with more guile than she did. KT falls short of what's required, and the share price is still suffering from her poor Q&A performance.

More info on Akatara would have been helpful, but I liked the tone of the RNS. It was understated and over delivered on what I was expecting. I hope they continue this approach in the future.

Interested in where you see the BP share price going in the short/medium term. Don't be shy.

As Moy says, BP are focused on 4 markets, although they seem to be building a network in Poland, so that could become 5.

BP's retail network isn't making much of a return presently, but every quarter the average basket size and margin grows. Travel Centres, Thorntons and Ampm represent a formidable convenience store proposition. The aim has always been for an IPO in the latter part of the decade, which should realise considerable shareholder value. Top marks to whoever came up with the 'Epic' brand.

Sturm, they averaged 20,827 bpd for the last 2 weeks in October, so I'm optimistic they can beat the upper guidance forecast for the year. The shares won't be priced at 36p for long.

Can you give the average Brent price and JSE production for 25 that you are basing your prediction on.

Roxi, net debt was $69m at the end of H1 to June 30. It was $94.6m at the end of August, what is your forecast for net debt at year end Dec 31?

I found Tuesday's analyst's call a sobering experience. Normally I can rattle through it fairly sharpish, but will take another look over the weekend. Questions on the balance sheet, debt metrics, buybacks, costs relative to peers and an avalanche of shares coming to market in 25 from shares issued in 21 that will vest in Feb 25. Rating agencies may be on board, but the market isn't.

New month and new predictions from Happy Investor. Let's all pray it goes better than this one.

Is sentiment for offshore wind starting to change. Brookfield paid Ofsted $2.3bn for a 12.75% stake in 4 of their UK offshore wind farms.

Oct and Nov 23 production 11,790 and 11,739bpd, so they should smash those numbers out the park, particularly Nov. The oil price was a lot higher then, but there is momentum starting to build here.