Member Info for chinch

We only get 50% of Rhum as the other 50% is owned by the Iranians. We also have to give 60% to BP as per the deal but 50% from January. B&K is the same - 60% to BP and 50% from 1st Jan

Mav is the market cap right for fpm?

Muted reaction to the SP this morning despite confirmation of various things - could the deal be priced in to the SP?

Or Erskine not working. Or is it a chance to top up? Not sure. Still holding though - plenty of good news to come on SQZ

Looks like the same again today unfortunately....

Quite a drop today but might be due to the general market. As long as SQZ keep confirming that the BKR deal is 85% gas then investors might get the message..... Gas prices have been at the highest for some years until recently and RNS did point this out

Thanks Rellim. Looking forward to the deal completing and then hopefully we can see the numbers. This will the give a clearer picture of what to look forward to

It does indeed Sasa and lots to look forward to in the short term. Quick question - if Rhum 3 is successful we will still have to pay a portion to BP or do we keep that for ourselves?

I've already done it if you see one of my previous posts

But we're 85% gas Mav so that derisks alot

Wonder what the cash amount will be bearing in mind that we have to pay BP something

Rellim is the BP deal hedged?

Institutions Ferrotty?

Excellent news - glad we are 85% on the BKR. Still looking at the volumes of trades and this is still well above the daily average by quite some way - got to be driving higher with this amount of activity

Erskine flow rates would be nice :)

Are those large trades buys or sells?

Agree sas - patience is the key here.

Let's hope the Erskine flow rates are good that for me should be the next piece of good news. So we have the following: Erskine flow rates B&K and B&KR closure of deal Rowallan drill at no cost to SQZ 3 licences in the North Sea Tax Credits to use Namibia Ireland Columbus prospect Possible Rhum 3 drill Any other acquisiton of assets No wonder Mitch said in RNS recently there there is a lot happening. Apologies if I've missed something. Downside could be BKR does not complete for whatever reason Workovers and maintenance Pipeline issues Natural declines Drilling dusters But hey this is O&G! GLA

Can easily see this being £1.30 in the not to distant future. Every Company has a price and I bet that the takeover companies will be watching with interest......

Let's hope this gets taken over and sharpish. Good to see bringing in a FD with M&A experience looks a perfect fit. Not sure anything else wil improve the SP