BOIL has just done a raise in order to pursue a greater interest in it's Timor L'Este holdings, it is 15% holder of Moray Firth interests RBD would be keen to acquire (and could do so with contingency cash it now has). BOIL needs to deploy it's cash to the Timor L'Este interests so no doubt would be keen to sell as it does not seem to have much cash earmarked for Moray Firth!
www.bbc.co.uk/news/world-middle-east-56505413/
don't think so, the planning is for extra wells to be drilled at WN-A not EWT
not for much longer.....didn't she just say she wanted to ban BBQs on the beach?
PMO about to merge with Chrysaor end of March, new entity to be called Harbour Energy, very suitable farm-in partner for us
......'Brain the size of a planet!.......don't get me started!' ;-))
whole galaxy next! ;-)
...and the mark of the beast turns out is a 'Stripe'! LOL (you'll have to use their self-enriching system 'Stripe' to do any business in Europe in order to avoid those exorbitant fees relating to export so much in the news lately - how ethical!!!!!)
Fans of 'The Hitchhikers's Guide to the Galaxy' will get the hilarious connection.....only it's not a joke, it's the elite loonies plotting to change reality as we know it, have a read.... https://www.dailymail.co.uk/money/news/article-9377669/Former-Bank-England-governor-Mark-Carney-wants-save-planet.html/
CityWatcher, ask these friends why they don't also have an opinion for RBD
intersperse financial opinions with political hot topics that could be seen to potentially draw people to their Tweets and see the financial ones alongside!!!.....that's how it looks
in interview DB implying that he gets his updates re what's happening at WN from (implied) possibly BMD!!!!?? well claiming to be 'buddies' with people tweeting WN updates rather than saying from WN partners - bizarre!........certainly appears to do a lot of pumping tweets for UJO but barely mentions RBD. Cal J in particular seem at this task a lot, in small snippets, spread thoughout the day....are they paid per ramp like a boiler room? Cal J tweets like has a 'list to ramp' ....that's the impression they are giving IMO
and has several structures to assess i reckon the mid year CPR will be an approximation based on data from the work so far, they would not want to undersell such a whopping licence and will need more drilling more quickly. There has to be a farm-out on the table to progress the monetisation because the scale of work required including gas development( perhaps with UJO in another 'royalty' position?) so why not have farm-inee pay for EWT?
DB still using his own style of talk and evasive waffle (not the interestingly slick style of the rns), Wressle not yet a clear slam-dunk as still to do proppant squeeze (following skin damage to formation in Wressle), Biscathorpe drill looming (40% working interest to fund) and little indication of how paying for the latest acquisition...maybe a re-rate? (so he'd like people to think) I'm thinking leopard's spots!!!.....but on a positive note for us said WN EWT 'close to being to projected timescale'
couched in language and strategy normally associated with our boys....and they're spending more than their MCAP on a new venture but will it bring in enough cash quick enough for their current programme of expenditure?................................................and 'a second material transaction is at an advanced stage'....sounds intriguing!
favourite March finance joke...... 'Beware the guides of charts!' ;-)
just a massive cup and handle chart formation that's just touched handle support level second time and getting near three month long handle, breakout can't be far away now so hang in there!
...pummelled to death by pair trading with UJO, even though we are not involved with Wressle or their consolidation (apart from waiting for them to get on with it) back to sleep now zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz..............
....Outta My Open *ng?
on BPC bb (who think it's THEM).....that a 'shell JV with an AIM minnow with a 'world class asset' is about to be funded by a major' the company was not named, 'the major walked away from exclusivity but not from the JV' .....familiar? sweet dreams!!