Member Info for highlander1970

More likely Biden than Putin

https://twitter.com/NewsNancy9/status/1574934904516665345

Was it Putin?

https://twitter.com/PlanetPonzi/status/1574769446203392001

it's almost a given that there is going to be a production cut from Opec, they have stated that they want oil at $100 and with the SPR releases coming to an end it may end up being the perfect storm for the oil price.
Estimates of $130 are common

Ryan getting pillioried again

https://twitter.com/ClaireKeeley80/status/1571426657939984384

He died of Covid if you use the UK rules

"Based on plans in last year’s HYR update, they should now be producing over 55kbopd"

It's almost a given that they have not increased production (they barely managed to since JG was there so why would that change with the incompetent incumbents coining in for no progress?)

They will find a way of congratulating themselves for aforementioned lack of progress and awarding themselves some eye watering bonuses at shareholders expense (share dilution most likely)

Capex will increase massively because they want it to so that they can give away shareholders money via "contracts" (THAT is where I would like to see an independent auditor have a deep delve into GKP accounts)

There needs to be a rout of the boardroom and some real oilfield experts put in place to get this company going. This boardroom is rotten to the core

So with today's gas prices, what are gkp plans to monetise this?

https://twitter.com/OffshoreIreland/status/1554730899215945731

Looks like GKP punters are putting their divi's into this one
Volume took a leap up on Friday after GKP divi's were received into the accounts. Look at the GKP board for timings of people receiving their money and the timings of the buys on Friday.
Volume has been pretty low all week until Friday afternoon
Monday = 405635
Tuesday = 317351
Wednesday = 1723715
Thursday = 540213
Friday = 3957094 (all but 2 of these trades were after 13.00)

Either that or someone else is loading up
Make of it what you will.

https://www.irishtimes.com/business/energy-and-resources/ireland-to-get-nine-new-power-plants-by-2024-to-prevent-shortages-1.4794039

"Shaikan field, is GKP (KDP PUK/ UAE and UK elite). They own 95% of GKP, and that’s why they are paying themselves a dividend of 11% this year."

Nothing to do with Ferrier and Zahawi getting golden payoff's then

LOGP will need to catch up at some point

When the LU is granted, this should be in the 4p region. It has been 2.8p on general trading fairly recently

No

"Rather Snakes and Ladders and its heavy on the ladders,"

All the snakes are in the boardroom

Good to see some positive movement on this one for a change.
Hopefully this is the turnaround and is heading towards a more realistic valuation

https://www.independent.ie/business/irish/providence-eyes-new-name-as-oil-field-plans-face-delay-41805159.html

More pressure on Ryan

Courtesy Domdrew on Providence board

Governments delaying licenses and progress for their agendas
RKH is suing the government which will end up as a test case in Europe which will apply to Barryroe delays

Certainly does
They appear to be maintaining their percentages
Not sure who spent the £4M today on Providence though
I do wonder what will be the outcome for Lansdowne.

https://www.providenceresources.com/shareholder-structure

The value applied to Barryroe at the minute is laughable, all because of 1 idiotic man. You couldn't make it up.

69 million barrels 2c for £3.5 Million!

LOL

These politicians need to get their fingers out and get the paperwork released.
Opec are also predicting shortfalls in their production as Nigeria is missing the increased targets.
Putin will shut down Nordstream 1

https://twitter.com/OffshoreIreland/status/1541431929098178560