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Can anyone think of a North Sea Minnow with as much potential for share price gains as PMG? Dana Mk 2 would make this a 30 bagger from here TC has described PMG as Dana Mk 2 ‘on steroids’ Obviously macro is a bit tougher now

Goldmans is recommending a "barbel strategy" for Oil and Gas investors which should include some exposure to more volatile names as well as cycle winners. Wont be long before funds start circling here. Every $1 on Oil Price adds £18mil to Nav of the hub. News due on multiple fronts. Funds will wait of course and buy in once news is confirmed.

I would be happy with that for starters. Think the patient will be rewarded with multiples of that over the next couple of years so wouldnt be tempted to sell at all at that price. However, would be nice to see a re-rate. Crazy that this is so undervalued compared to cos like Kistos. Kistos 3x the mcap with £87 mill of debt and no where near the asset base of Parkmead. Just need our assets to derisk and we will be the next hot thing. This time in the duldrums is a great chance to accumulate a holding at great R/R

Agreed. Platypus news imminent. I reckon we may give up some of Skerryvore to Cal for a bigger share of Platypus. PMG we know is to be operator of Platypus. It’s a well progressed project with lots of development work done already. Could come online quickly with Cals backing.

Forgot to mention.

Oil price at $74 COP for hub is $25 I believe
Gas prices at 5 year highs.
This is why Tom Cross and Warren Buffets Cal Energy are so hungry for gas. Platypus will be sanctioned without a doubt.

Macro aligning nicely. Massive draw announced yesterday as demand surges back
World realising that we have to get back to work
Oil Majors going woke and limiting investment in future supply as we focus on the holy grail of net zero
Workers (26% of them to be replaced by machines in next 10 years according to McKinsey) All requires massive amounts of energy to shift to capital intensive production and provision of services. We will need Oil and Gas as to play an important role in our energy mix going forward.
EVs likely to require massive amounts of electricity, which is still a scarce resource and infrastructure will take a long time to complete. Decades of lag imo.
Oil and Gas tech developing rapidly to make it much more environmentally friendly and importantly cheaper to produce.
Tom Cross is a quiet man. But you know what they say 'Beware the quiet man in the room'
Big plans afoot at Parkmead.

Tom Cross said in the results in March that excellent progress has been made on the GPA hub, Skerryvore and Platypus. We must have. News soon. Maybe ‘newsflow’. Maybe a ‘news rich period’ . Can’t wait. Tom Cross is in for nearly 30% of the company at a much higher price than current SP. some of the biggest skin in the game on AIM

Brent at $73 dollars now or there about and can see it going higher. This shift by majors away from new investment at first feels a bit worrying, but actually is going to throw up some massive opportunities for the more nimble (and liquid) minnows. Parkmead is ideally positioned. Can see a squeeze in Brent up to $80 fairly quickly and then a boom in prices as the world realises we are still dependent on Oil and Gas, and will be for years to come, coupled with an increase in demand at a time when production and future investment has been cut by majors. Who steps in? Super connected Oil and Gas experts like Tom Cross. I can see a few of the tiddlers coming good, but Parkmead is my favourite for reasons stated in my earlier post.

People seem to miss the scale of PMG projects. Big deals have loads of moving parts. Even more given current macro. Years of hard work go into these kinds of projects / deals and they are very complex. That’s why rewards can be mind-blowing. TC needs to be focussed and I am sure he is. He’s just not that worried about the share price like many of the less ambitious AIM CEOs His proof will be in the pudding. And it will be one massive pudding when it comes. And you can buy now with limited downside risk due to a great balance sheet. Fundamentals here are as good as they come. Cash in bank, producing assets, profit, cash flow, land. Well below NAV. People are just busy chasing shiny things. I for one am happy to hold for the massive returns to come. Agree some kind of FOSO like Enquest Producer could expedite the HUB but Scott could be bought very very cheaply given decomm costs and could also prove a great long term production solution for the hub. I reckon Platypus concept is being worked with new tech to be a net zero field. TC is part of OGA vision 2035 programme and he will be well versed in ways to manage the transition. Same Skerryvore. Partnership with Cal also seems to be developing and the terminology used suggests a team approach going forward. Teaming with Warren Buffet cash seems like a positive to me. Especially as both are so ‘gas hungry’ !!

Gas and oil prices high again. There are so many different potential news flows here it’s hard to imagine that we won’t get something big soon but this waiting is very frustrating. Could come from so many angles: GPA could cause massive rerate, as could a good Platypus deal and plan (we know this is very well progressed) Skerryvore has huge potential too and we know the Dutch field have significant development potential. Price of Dutch TTE back to 5 year highs! Then TC has also said they have been investigating 13 different potential acquisitions. None of this is priced in. Massive potential for a genuinely large rerate. Have been holding for years now. Tom Cross has described Parkmead as Dana mk2 on steroids. He sold Dana for £1.6 billion!!! He is also on record as saying that PMG have made excellent progress on all major projects recently. Limited downside and massive upside. It might be frustrating but I wouldn’t want to be out trying to catch this by the tails when it finally goes. Book is tight too so it moves quick.

Money on next week for Platypus. Cal and Parkmead look to be teaming up as 'gas hungry' partners. Hub update could be any time. Anything positive there and we fly. Also wouldn;t be surprised by developments at Diever. Also highly prospective and due news. Skerryvore seismic due also, Exciting few months coming up for Parkmead. And still it languishes near lows while Kistos has 4 times the market cap and far fewer irons in the fire. Along with a load of debt. Market makes no sense sometimes! Opportunity to buy for some though at this price should make some great returns in time

Seems pretty connected to me. https://uk.linkedin.com/in/robert-finlay-90401725

https://www.telegraph.co.uk/investing/shares/profits-will-grow-seven-fold-oil-stocks-set-bumper-2021/?WT.mc_id=tmgliveapp_iosshare_AwbPlNFb5LsN

So much news due. TC will not have been sat doing nothing. He is a master strategist. PMG have some of the most exciting projects in the North Sea. When they come to fruition we will no longer be a minnow.

Very optimistic here for next week. Just have a feeling that there will be some positive developments. News potential on so many fronts. Market is not recognising the value disconnect here. But it will. Woefully undervalued with the potential to become mid-tier very quickly. When it goes it will be a huge move.

PMG next. Nat gas strong. Platypus update

I didn’t realise Cal Gas are wholly owned by Berkshire Hathaway. We are due update on recommence of Platypus. Future seems bright for natgas and helps to have big names behind a project like Platypus. Exciting times ahead. Although incredibly frustrating at the moment PMG will come good very soon. What an opportunity at this price! Can’t believe it’s so quiet. That will change. Buy now and buy big. Now is the time to buy a big stake and hold for upturn.

FPSO vessels can work even more effectively here. Think Shell just retired one and that’s available. Can be adapted for H2S. Think TC just can’t get deal agreed with CNOOC. Lots of other options. Platypus could come back into play very soon as could Windfarm PPA. The fact this valued at cash and has gas fields producing with Natgas prices rising and our Dutch fields developing is just crazy.

Presumably passed to Stonehage. Although there has been some consistent selling and a few big blocks. Notably one for £60k last week. If been sold on market we should be free to move.

Out of no where. Background buys

https://www.parkmeadgroup.com/news/latest_news/parkmead_increases_stake_in_perth_and_dolphin_oil_fields_to_100_and_signs_agreement_with_nexen_petroleum_to_study_potential_tieback_/ Ardens figures definitely higher. What would I risked NAV be on 498 million barrels at $25 break even?