Member Info for doyle172

And we are valued at cash in bank or there abouts.

Skerryvore the 'Well to Watch' 2024 155 million barrels and in Tom Cross' words analagous to Pierce!!!! DYOR into Pierce

https://www.energyvoice.com/oilandgas/north-sea/exploration-production/548401/skerryvore-the-uk-north-sea-well-to-watch-this-year/#:~:text=Analysts%20have%20named%20Parkmead%20Group's,one%20considered%20%E2%80%9Chigh%20impact%E2%80%9D.

https://www.energyvoice.com/oilandgas/north-sea/exploration-production/548401/skerryvore-the-uk-north-sea-well-to-watch-this-year/#:~:text=Analysts%20have%20named%20Parkmead%20Group's,one%20considered%20%E2%80%9Chigh%20impact%E2%80%9D.

Directly under Scott. Scott has its own drill. Direct drill. Scott Partnership were in the phone to TC in October. East Gamma

Think we get a sale of East Gamma soon. To provide cash for Skerryvore. Big buy. Not sure why anyone would buy so big on a day like today. Could signal good news ahead

Something afoot but those haven't been sells. All buys. Even my latest Bed and ISA was showing as two big sells. Soemone accumulating for sure

Think we get a TR1 soon. wouldn't be surprised if we were a target at these prices. Iknow that TC sees massive value in Parkmead. He is going to have to start fighting for it imo.

Everything else points to a big move up

Any one got any idea why no AGM this year. Always this week before Xmas. What could PMG be waiting for? Ideas please

Https://www.dhakatribune.com/amp/financial-markets/331350/parkmead-group-lon-pmg-up-24%25-oil-tax-rates

Then some real news by end of month

New Dutch field now flowing. Details to come.

Crazy cheap and £168 million in tax losses. Plus Skerryvore and dutch assets. Plus Gamma. That would put a spark on the share price

For £15 mil mcap. But still waiting for the 'transformational' deals that TC told me were on their way. Hopefully we also get flow rates from new LDS well soon as this could easily double revenue or more. Think he said by end of month. Chance to buy some more

Deal coming in next few weeks. Tom did mention 17th to me on phone call but rns suggests may be a bit later. I think he has something to tell us soon

What's 14 million barrels worth to CNOOC / Scott Partnership?

https://www.offshore-technology.com/data-insights/oil-gas-field-profile-perth-conventional-oil-field-uk/?cf-view

https://itportal.nstauthority.co.uk/eng/fox/oga-report/PED300X/offshore-licence/?LICENCE_TYPE=P&LICENCE_NO=218

My post from a couple of weeks ago following a conversation with Tom. He called me back finally and was incredibly positive. Align with the RNS

Skerryvore is 'analagous to Peirce' and is an appraisal well. One of the best 'low hanging fruit in North Sea'

I spoke with Tom Cross last week after trying to contact the company secretary as so frustrated at lack of news. He called me back personally. 'There is no other company in the sector with the upside of Parkmead'. He feels the frustration re share price and feels it himself as the biggest shareholder. He is massively vested and invested. Skerryvore is incredibly well supported with partners Cal and SQZ. Cal are 'awash with cash' and see Parkmead as a strategic partner. Buffet likes Parkmead. I wouldnt be surprised if an offer came from Cal at some point given close working relationship. Two company making deals on the go, one renewable and one gas. Scott partnership also interested in working on Gamma East, which is 100% Parkmead and lies directly under Scott, which has its own drill rig on board. Make of that what you will but its sweet not sour crude. Dutch projects great results but on shore licensing takes time. Its a queueing system. Dutch authorities want the gas and its a considerable result. He couldnt tell me any more for obvious reasons, but said more will be revealed in the results on 17th November. £158million of tax losses to offset is a 'massive asset' Could be used or packaged with an asset or part of asset and sold (Skerryvore) for a big payday

Parkmead have finally registered on Investor Meet Company. Finally seems that there may be something to talk about following results and update. Positive

I spoke with Tom Cross last week after trying to contact the company secretary as so frustrated at lack of news. He called me back personally. 'There is no other company in the sector with the upside of Parkmead'. He feels the frustration re share price and feels it himself as the biggest shareholder. He is massively vested and invested. Skerryvore is incredibly well supported with partners Cal and SQZ. Cal are 'awash with cash' and see Parkmead as a strategic partner. Buffet likes Parkmead. I wouldnt be surprised if an offer came from Cal at some point given close working relationship. Two company making deals on the go, one renewable and one gas. Scott partnership also interested in working on Gamma East, which is 100% Parkmead and lies directly under Scott, which has its own drill rig on board. Make of that what you will but its sweet not sour crude. Dutch projects great results but on shore licensing takes time. Its a queueing system. Dutch authorities want the gas and its a considerable result. He couldnt tell me any more for obvious reasons, but said more will be revealed in the results on 17th November. £158million of tax losses to offset is a 'massive asset' Could be used or packaged with an asset or part of asset and sold (Skerryvore) for a big payday

Parkmead has some of the 'lowest hanging fruit' in the North Sea. Skerryvore analogous to Pierce Field. Possibility of working with CNOOC and Scott field partnership in Moray Firth. New deals being worked that will be transformational. No other company with the upside potential of Parkmead. £158million of tax losses which has a very real and significant value. Dutch gas producing revenue and recent discoveries are significant. I wouldn't be surprised if Platypus comes back. Cal are close partners in lots of ways and are awash with cash

£158 mill of tax losses which can be used as buy in for new projects / jv

Yes. Sorry November 17. Very excited about future here. Like Dana at 50p . Just wish I could buy even more!