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Falklands' Sea Lion project, Rockhopper, Harbour and Navitas extend heads of terms to 31 March 2022
https://en.mercopress.com/2022/02/02/falklands-sea-lion-project-rockhopper-harbour-and-navitas-extend-heads-of-terms-to-31-march-2022
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UTR,
I read you post with interest and I would like you help,
Firstly can You refer me to the report or an article that mentions a “sweet light crude of API 49’.
The reason I ask is that as far as I am aware BOR discovered condensate and not light crude oil.
Secondly why You consider that RKH owns only a tiny percentage of SL? To my mind RKH possesses 40% of SL,estimated at 1 billion barrels of oil, not to mention ISOBEL discovery.
I grant You that PMO farm out as a bit unfortunate, but it was the best RKH could get at the time IMO
It is beginning to look as if the winds are changing in favour of RKH I a big was as they do own the whole North Falkland Basin (shallow), if my memory serves me right.
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Premier Oil trying to sell part of its Falklands' Sea Lion project
https://en.mercopress.com/2019/08/23/premier-oil-trying-to-sell-part-of-its-falklands-sea-lion-project
FYI
KR
dif
Longtermthinker, also don’t forget FI promised to repay the cost of the “Falkland War “once the revenue from oil start flowing.
In addition in my opinion bearing in mind the size of the Rockhopper discoveries the potential is massive and it may allow PMO to become o very very large Company especially, unlike Zama, PMO will be the leading partner when developing the Falkland’s resources IMO
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Apologies, posted wrong link, this is the correct one
https://www.proactiveinvestors.co.uk/companies/news/901345/premier-oil-ruffles-small-cap-feathers-as-it-redraws-growth-plans-901345.html
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Posted by MANJUKWAI on PMO BB
https://www.proactiveinvestors.co.uk/companies/news/901418/88-energy-delighted-with-alaskan-farm-out-deal-with-premier-oil-901418.html
worth a read IMO
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Premier Oil may bid for Chevron’s U.K. North Sea assets
https://seekingalpha.com/news/3416863-bloomberg-premier-oil-may-bid-chevron-s-u-k-north-sea-assets
FYI
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Premier Oil may bid for Chevron’s U.K. North Sea assets
https://seekingalpha.com/news/3416863-bloomberg-premier-oil-may-bid-chevron-s-u-k-north-sea-assets
FYI
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Hi Garbs😊
Had to go somewhere after they improved (read sc***ed the III). I Saw some old names here and thought I would join.
I think You are right and I am looking forward to next 24 months. I just hope the POO stays in the eighties and doesn’t shoot up too much too quickly.
Its good to see you posting.
ATB
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Good evening all.
I saw many familiar names from iii and have decided to join the LSE BB.
I also came across this article about the Falklands, Link Below I think it could be of interest.
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P.S Garbs, I am sorry about the Argos. I hope it will come good Eventually.
http://en.mercopress.com/2018/10/04/four-fpso-planned-for-the-falklands-by-2025-according-to-oil-industry-reports