Member Info for Harpazo2

2025. 1,129

2026 1,129

2027 1,129

2028 1,129

2029 1,129

2030 1,129

2031 1,129

2032 1,324

2033 260

Total Outstanding is 8,358 Billion

How do people quote 70b +

Gulf of Mexico oil spill Government settlements – expected pre-tax cash flow schedule

The schedule below reflects expected pre-tax cash flows from and including 1 October 2016

relating to the criminal settlement reached in 2012 and the civil settlements reached in 2015. It

does not include cash flows prior to 1 October 2016.

For 2017 and future years, cash flows presented are expected to be paid in the first quarter

(criminal settlement) and second quarter (civil settlements) of each year.

$m Total for

settlements

Criminal

settlement Civil settlements

CWA

State

NRD

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 1,739 1,758 740 1,209 1,194 1,199 1,199 1,204 1,204 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,324 260 NRDA(3) and

Payments(1)

Payments

Payments(2)

other costs

379 50 490 80

190 50 245 65

379 260 490 65

379 260 490 70

379 260 490 70

379 260 490 75

379 260 490 75

379 260 490

379 260 490

379 260 490

379 260 490

379 260 490

379 260 490

379 260 490

379 260 490

363 260 701

260

TOTAL 20,113 1,949 5,863 4,000 7,801 500

The schedule above does not include cash flow associated with other provisions(4), including

those taken in the second quarter 2016, related primarily to:

 the expected cost of resolving outstanding business economic loss claims under the

Plaintiffs’ Steering Committee (PSC) settlement (expected to be paid by 2019);

 the expected cost of resolving economic loss and property damage claims from

individuals and businesses that either opted out of the PSC settlement and/or were

excluded from that settlement (expected to be mostly paid in 2016);

 the expected cost of settling claims related to MDL2185 securities proceedings.

1 CWA - Clean Water Act. Amount payable in 2032 includes interest

2 NRD - Natural Resource Damage. Amount payable in 2032 includes interest

3 NRDA - Natural Resource Damage Assessment

4 The balance sheet value of provisions is updated quarterly in Note 2 of BP’s Group Results Stock

If this carries on we could put in a joint bid between us.

Sidara prepared to match a rival bid

Among other things, in the event that the Wood Board withdraws its recommendation of the Offer, any funding drawn down under the Sidara Liquidity Arrangements would become immediately repayable (unless in the context of a competing bid that is matched or improved upon by Sidara).

Don’t let mm’s get your shares cheap.

35p will be offered before Friday

Slightly annoying

The US listing was minus 6 % at uk close and ended nearly 8 % up. 14% difference

So the gain this morning just puts us back to yesterday’s opening price prior US recovery, without any gain.

I’ve bought this morning

I know further falls are possible but in my many years of trading in bear markets, I usually buy on the 3rd day of consecutive falls.

It’s worked for me and I’m sure in weeks or months this will recover and look cheap

Dividend stocks together with falling interest rates work best for me.

Is ex-div tomorrow?

Announcement of third interim 2024 Dividend

Ithaca Energy is pleased to announce a third interim dividend for 2024 of $200 million, representing $0.1209 per ordinary share. The interim dividend will be paid on 25 April 2025 to shareholders on the share register on 4 April 2025.

I got few thousand at 38.42 with HL

I believe the extension is to assess the Deloitte report to firm up the cash offer, in the range indicated by X.

Good report 175p. Let’s hope so.

RNS, also said further announcement soon, indicating before the 17th.

MM targeting Stop losses

Bought some more

We promised 7.5 m and 3-5m for profit share in sold business.

We could have more on costs being less than anticipated?

But with 12.5m being an optimistic remaining amount divided by 138M shares gives 9p a share.

I sold my remaining allocation and will only buy less than 9p

Mgt can’t be trusted.

Royal Mail or IDS had bid this time last year at 330. SP jumped from around 230 to about 2.70 and hung around for few weeks. Offer was rejected and then new offer at 3.60, price jumped to around 315-320. I waited few weeks and sold at 335. Eventually over months it climbed to 3,60.

So no, it will always be around 20% lower than the current bid, to allow for uncertainty.

Plenty of fish in the sea

Like Wood group , expecting bid 2-4 times current price

NO

Just realised 139m shares is 53% of 262m

I think so

There’s now a lot more in the pot.

We practically guaranteed minimum 9p baseline after the tender.

Any other thoughts.

Hopefully with better ear outs and lower costs we will get 12p

Does voting for automatically register me for accepting the tender offer

I worried since it’s a 3rd party website that I might not be offered?

Will I get confirmation of my acceptance?

Worried if I don’t accept offer the shares will fall and I will still have the same holding

I think we should get around 10.05-11.5p offer for the remaining shares in May aswell

No spot on

Unfortunately though they can’t be trusted, handshake costs will increase and earn outs will be at the lower end. So total payment between 9.4 up to 12p.