Member Info for doyle172

£17.61 unrisked. Obviously take with a pinch of salt. He did it with Dana

If it is used to incentivise expedited investment into the North Sea it could be a good thing. Might find that the majors have to find assets to invest in or pay more tax. Could be good news for PMG. Who knows

Will be interesting to hear about the planned windfall tax. My guess is that it will be used to somehow expedite investment into the North Sea. Interesting times ahead. Looking forward to that £4 prediction!

https://www.energyvoice.com/oilandgas/north-sea/413412/north-sea-discoveries-westwood-global/

Sounds positive. Would love to know what's going on behind the scenes. Think we get some big news soon

Think our interests are aligned! Big deals take time. Very hard to not get bored but hes not sold any. I'm expecting big things

With the wind farm they will get a PPA and then JV to develop with Siemens or similar.

Funds repositioning from tech into energy. This is time to accumulate and not worry about daily swings. Massive assets here and value will come. Hopefully from Parkmead developing these assets themselves. If not someone else will. Either way PMG sitting pretty and you can buy near lows.

Anyone on here got any idea about Skerryvore plans? Drill decision must be soon. I dont hold Serica (wish I did!!) Seems way undervalued. Hoping they put some of their cash into Skerryvore.

Quietest period for a long time. Frustrating but we know news due soon on HUB and Skerryvore. https://www.energyvoice.com/uncategorized/398204/parkmead-finally-nears-drilling-decision-on-skerryvore-north-sea-field/
Cash should be building nicely but Tom needs to spend some of it. If not we are in danger of being taken out at these levels. I for one want to see some shareholder value restored before this happens. Serica and Cal and NEO are all cashed up and we must look so cheap to them.

Upside massive if and when projects are unrisked. Interesting to see that the GPA hub was part of a House of Commons question session with Department of Trade and industry in Dec 2021. Clearly we are working behind the scenes.

Nonsense. Haven't even started. Gas as a transition fuel will be in huge demand for next 10-20 years. Geopolitics and ethics will mean North Sea sees investment flowing in. Joint projects with majors will be commonplace. Parkmead very well positioned for instis and funds. Interesting to see a few ESG funds have been building stakes.

£60 mil mcapBonkers given we have:

£25 mil minimum cash
one operating wind farm worth £4 mil
One large area of land for windfarm and bio mass development value circa £4 mil as is
Dutch assets producing £1.5 mil per month
Drilling campaign planned on existing dutch licenses
Skerryvore (157 mil BOO in place) Partners Buffets Cal and Serica
Daavar (200 mill estimated BOO in place)
The Hub - 100% ours and the 8th biggest pre FID North Sea project https://www.energyvoice.com/oilandgas/north-sea/402302/new-north-sea-oil-projects-could-deliver-1-5bn-barrels/
Platypus - Tom has said we revisit this
Great R/R - Huge potential upside
Big Buyer recently
Tom Cross has 27% skin in game

Our big buyer recently has shown massive confidence. Must be someone close to TC or one of the funds presented to. Few million shares tucked away by someone. Feels like news is close. Our assets are worth multiples of the MCAP and we are sitting with a strong balance sheet. Has to move up at some point. Serica awash with cash too so might see some action on Skeeryvore. Buffet pumping cash into oil and gas so Cal cashed up too. That could also help Platypus not just Skerryvore. Daavar sitting in a pretty sweet spot with estimated 200 mil barrels oil in place. All good. Just need the fuse to be lit!! Come on Tom!

https://www.energyvoice.com/oilandgas/north-sea/402302/new-north-sea-oil-projects-could-deliver-1-5bn-barrels/

Every $10 increase in POO long term adds $150 million to the NAV

Skerryvore and Daavar 157million and 200 million barrels

Cheapest 2P reserves in North Sea. And we are sitting at this stupidly low price! Has to go at some point

There has been massive buying recently. the £280k buy the other day seems to be the end of it. Big buys been going on for months. I personally think we have had a big institutional buyer or HNWI. Surprised we havent had a TR1 as they seem to have bought a few million shares. Just need a few more buyers! they will probably arrive further up once we have some of that confirmation you are talking about. Should give us some serious momentum upwards once we get some news!

We are with Buffets Cal energy on Skerryvore and Platypus which TC has openly said we may revisit. Buffet pumping cash from tech into oil and gas. Bodes well. Could be an interesting week or two. Govt asking firms to outline their proposals for investment. Hub the 8th biggest pre FID project in North Sea.

This trade is so uncrowded. Book very tightly held by a few individuals and few PIs some with some substantial holdings from much higher up. The move with good news could be quite dramatic!

Very quiet here and yesterday no big trades. Has our big buyer completed their stakebuilding? must have millions of shares now. Hopefully this is the quiet before the storm.

Without a doubt. Some massive buys been going through recently. Looking forward to finding out who has been accumulating. TR1 soon?

Russia halting gas supplies to Poland. PMG has to get some of its assets on line as quick as possible.