Member Info for fecm

Apologies, it was the UT trade.

Blip! Probably down to the 50 shares bought first thing. Who would buy 2 shares!!?

Its the morning blue blup, normal service to be resumed shortly.

Sea Lion has been flow tested, therefore oil has been brought to the surface. Too many people involved in this one for it to be a Con.

I was giving Gordon the benefit of the doubt until he declared that 'not a thimble of oil has been found'. I doubt he thoroughly researched that one very well.

I bet the lawyers involved are kicking themselves for not think of that before getting involved :)

Hypothetical question - assuming SL gets sanctioned before the year end, with a positive OM payout of circa 100 Mil, would a fair SP to be expected at 1st oil be in the region of £1.50 - £2.00 at current POO prices? This is based on SL alone and no other additions which could be on the cards by then, but not guaranteed.

Thanks Ovets, that was my whole point for posting the article.

Would be interesting to hear what Mr Culpin has to say on Monday: -

https://www.fpsonetwork.com/events-fpsoeuropecongress/speakers/paul-culpin

Unfortunately I'll be on the other side of the country.

Interesting post Tuggy. Did you mean to say SL FID as opposed to 'sanctioning' which I personally don't think will happen until later in the year.

Auson, that is what I first thought when I read the article. Regardless of who has got what military capability, if we get to that stage (or even the threat of it) then the project will only delay further. Lets hope our government are fully on top of this and are taking the necessary steps to keep this as low key as possible.

Now why would Russia want to take sides with Argentina I wonder?

https://www.express.co.uk/news/world/1242372/Falkland-islands-uk-argentina-russia-comments-islas-malvinas-islands

Trop, I would happily relinquish my sunbed for big Sam if he sanctioned my retirement.

Slightly misleading post Godders, RBS will stop funding coal projects from 2030 - By then we should be at least 6 years into production, i.e. funding no longer required. I will be on the beach :)

Thanks Auson, a possible contender then.

Hmm, 'plus options'. Whats the sailing time from Senegal to FI?

Well, unless things have changed in the last 10 months since the below was printed: -

"Diamond has also secured a well-based contract plus options from Woodside for its Ocean BlackRhino drillship. Under this deal, the rig will operate offshore Senegal for Woodside from 4Q 2020 until 4Q 2023."

https://www.offshoreenergytoday.com/woodside-hires-two-diamond-drillships-for-senegal-operations/

Must have been that 24 share buy 10 seconds before the bell today that pushed us into the blue. Why are there so many low volume trades executed these days?

Are there any short positions against RKH at the moment? According to short tracker there are no disclosed positions above 0.5%.
Now, if you knew bad news was coming, would you take out a position?

My guess is the recent storm has blown the swallows off course. I doubt they will all make the journey.