RE: goza gozi7 Mar 2022 04:52
Chaps,
I will reply to your comments below, it will be my last post on the matter. Despite what you say, SL will never be sanctioned, it’s far too costly, many reasons, the main ones being remoteness, cost of infrastructure is too great, environment etc etc..
Ovets,
I have been living in the UK, although now working on one of the largest Oil and Gas projects in the world.
Tony was paid to promote the company; SL was going to be sold on but due to its complexities maybe they could not find a direct buyer!!!!
I get what you are saying that it all boils down to money, however, even if SL were sanctioned today, you are still looking at 3-4 years to production start up, maybe longer for first oi and nobody really knows where oil prices will be then. To much of a financial risk, why do you think BP, Shell or other large companies are not scrambling all over it.
ExMachina,
You only lose money of you sell and I have not sold but thanks for caring.
I do not really have anything to say to you as you have not contributed to the conversation other than to be derogatory.
Mogg,
You have no idea what you are talking about, a project of this size is incredibly challenging. It is difficult enough getting people to the area, let’s say that is a break breakdown of a process train, a pump blows up, let’s say there is a fire onboard, do you have any idea how complex it is to address this, given lack of onshore infrastructure. Lets agree to disagree?
Citizen,
I am not who you say I am or is this a joke?
Buzz Thomas,
Pandemic had zero effect on SL getting sanctioned, the decision was taken well before this.
Mirasol,
Comparing the southern Atlantic to the UKCS is like comparing apples and pears. Simply not the same for a hundred reasons.
Muchaboutmoney.
Quote:
“Personally, I would be shocked if Sam and Co don’t start to see a steady stream of interested parties looking to farm into Sealion over the next few weeks and months. From zero to hero as they say.
With Ombrina Mare imminent the next 6 months could deliver all that we have dreamed of and more.
The oil majors pulling out of Russia and needing to find new areas ripe for production in a low tax and politically stable environment will struggle to find a more appetising morsel than a ready to go Sealion.”
There is so much wrong with what you have said, who is Sam?, and if you think that a major will be looking at sealion over the next weeks and months shows how little you know. Maybe you are trying to convince yourself, or others, either way you a deluded.
Summation, I would love to see the SL sanctioned but it would be so costly. RKH is around 40 million market cap, and you honestly think it is in a position to sanction a project which would cost upwards of 1.5 to 2 billion dollars, wait until I pick myself of the floor.
Put simply, SL, in my opinion will not get sanctioned, period. Whilst the world no doubt needs oil, gas is where the big boys want to be. Good luck to all, I hope I am
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