Member Info for EmeraldCarrots

Apache operate in the USA, Egypt and the UK North sea.
Having had a read looks like they have reduced operations in the USA considerably, including closing all rigs in the Permian.
They seem to want to focus now on Egypt and the North sea !! They are a large USA Plc quoted on the NASDAQ. Have a read:-
http://www.apachecorp.com/Operations/index.aspx

See this article:-
https://seekingalpha.com/article/4354976-apache-corp-can-deliver-decent-returns-stay-cautious

https://en.wikipedia.org/wiki/Apache_Corporation

order of some major holder who may or may not be pleased to have off loaded a few hundred thousand shares knocking the price back to 52p.
Apache buying PMO? Who knows. I know PMO have massive tax advanteges due to previous losses and having a, what is it, a 20% slice of the massive off shore Mexico oil find plus the great del to buy BP assets can't be bad!
All IMHO.

by the looks. Goldman or someone. However I'm sure whoever it is is frantically checking if this Apache bid rumour is true. Interesting!
All IMHO>

Potential bid for premier oil:-
https://www.streetinsider.com/Hot+M+and+A/Apache+%28APA%29+Explores+Potential+Bid+for+U.K.s+Premier+Oil+-+Source/17076006.html

https://www.streetinsider.com/Hot+M+and+A/Apache+%28APA%29+Explores+Potential+Bid+for+U.K.s+Premier+Oil+-+Source/17076006.html

Are you serious? Bid could send PMO to £1.00....

presumes.

If they have not maybe they should!!!!

Maybe the rest of that big short is being closed???????

.

is very interesting. I wonder how this has translated into orders. I suppose we would not be looking at 20 times bike sales unfortunately! Two times is rumoured. I'm wondering if it is even more than that.
We will find out next Tuesday with the results!
Looks like the sp won't make it to the recent £1.90p high, currentlt £1.60p
All IMHO.

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Production-Falls-To-Three-Decade-Low.html

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Production-Falls-To-Three-Decade-Low.html

benefit. I see the sp moving back to 33p plus soon.

I fancy it will top $43 soon.

and looking solid. In fact personally I see it going up, especially after the 7.1m draw on crude in the USA reported by EIA at 3:30 this afternoon our time.
As always will be interesting tomorrow. Obviously if Brent does substancially improve in the next month or so, say $50 Premiers purchase of the BP North sea assets will look like a dream deal and PMO's sp will be heading for £1.00.
Here's hoping!
All IMHO.

short that sunk the price which is now closed.
Brent currently $42, and with the EIA report earlier today showng a draw on the USA crude oil stocks of 7.1 million barrels I should think it will go $43, or more soon.
All IMHO.

TheCashFerret.
"increased my short position", you say.
Will be interesting to see what happens to the price of Brent then!
I think cfd'd going back to $43, and if so PMO will tag allong.
All IMHO.