Member Info for feelinlucky

the chap from Barclays seemed very interested in checking out/justifying the 'green credentials' and seemed very keen on us

Ye speak in riddles!.....transferred oil to KWK Excelsus at Scapa, oil headed for Norway for 4pm according to whispers on ADVFN...no idea why

...but why would it be going to Rotterdam empty?

departed Scapa Flow just before midnight and is due in to Rotterdam tomorrow morning 6am Brent price a lot better today

well. because the bank would like to know for sure in 12 month's time what situation is and without the L-8 drilled to provide more cash flow...whereas we investors are confident in the Lancaster field ahead of it proving itsself over time and can see past the current oil situation

I would be hugely in favour of a small cash raise to cover Lancaster-8 drill this year because the results could coincide with the CPR and 12 months well data from the 2 Lancaster wells....getting through the next few months looks awkward but think what a strong position we will be in securing more well hook up to FPSO with L-8 and Lincoln in 2021....I think it's worth doing and would strengthen our company (should market troubles continue into 2021) as well as advance it time-wise. We should have no trouble securing loans for future development if needed when mega field is confirmed and L-8 helps de-risk the overall picture and we may not even need a farm out then

if he annoys Saudis because USA imports a lot of Saudi oil to meet various domestic markets for petroleum products that can't be made by the US refineries......bet somebody's explaining it to him now

to put our sp at £10.40 ;-))

market threw all the toys out of the pram today and now needs a little nap with it's blankie!.....see y'all laters! ;-)

partner Spirit to call the shots this year re. any actual drilling activity...they have to be prepared for demands from Spirit before anything with Lancaster. If advantage is to be had on measuring pressure communication with LC well then delineation well has to be drilled before September p&a? no update yet if permission given for that down hole pressure gauge.....they would have to drill soon for time to analyse well results in order to decide if not LC for hook up to AM...maybe this CMD not as dull as first appearances after all?

what progress/timescale is for FPSO modifications and hookup to WOSP and if OGA consents are in place for that, and once done would they increase production rate for the existing wells

approaching Aoka Mizu

all I want from CMD is for them to get a move on and drill! I can't bear to see a year's weather window squandered with dithering and excessive caution.....otherwise investors will die of boredom and old age! As for sp it's still ridiculously cheap at this price and what's a penny here or there?!

.....so when does HURRICANE SEASON start????????????????

Malcy's just done an interview for a German media site talking about the oil market situation and his blog got recommended..........so towels on virtual sun-loungers peeps and patience with the newbies who might take a little cultural adjustment to understand the banter on here!

I live on a busy road and have noticed traffic has picked up considerably over last two days, not just commuting times

Chin chin!...your'e all reminding me of that scene from Carry O Up the Khyber where they're talking about strawberry mousse!....anyway on topic, we really need to get the next offload away in order to fill up the following load at which point we will be as good as having the '12 months steady production data' from Lancaster (can draw conclusions from filling up for following load even if not taken off)....allows forward investment decision-making..... Ship watchers?

seems like a waste of time and opportunity to just sit there mothballed in totality when we have so much expertise on-board...we should be drilling producers and getting gas export pipeline sorted...brave farm-out required?

here's a theory.......I'm not sure the hidden powers that be are not wanting to drag the situation out until the Glasgow climate summit in November and use ongoing financial misery to push the 'carbon credit' thing to being accepted as part of the energy market (normal circumstances people would tell them where they can stick them, but in current market weirdness they COULD seem like something sensible!) The only way UK govt can meet 2050 obligations would be to buy it's way to them (not cut carbon in reallity!!!! think we all agree neither will most other countries) Makes Bitcoins look 'real' by comparison......UK 'city' heavily into dealing this nonsense and home to two of the originators, one on Isle of Man). en.wikipedia.org/wiki/carbon_credit#credits-versus-taxes/

up to something have been filling up all the large tankers, have also stored loads of oil in Egypt for supply to the European market...they've gone to a lot of trouble to do this so it must have value for them. Blocking of Straits of Hormuz should be expected maybe part of their game, prevents USA getting hands on tankers? perhaps just waiting for oil futures to all be sold at a dud price before playing their hand? any such games could see Brent rocket