Member Info for Invstrat

Topflight headhunted BoD, self-made millionaire of a CEO, ostensibly World class external legal consultant, hand-picked NEDs...... All being handsomely recompensed via eyewatering salaries,fees, retainers and bonuses - But nothing gets reported as to where they are spending our investments, nor how progress on these lofty targets you promised us for 2018 are being fulfilled.
Best keep quiet while the gravey train rumbles on uncontested.

How exactly does one manage to jump onto this cash rich, non-performing, secret society - pray tell ?

Shouldn't be too hard on the wouldbe squire - he did his job, gave us all a laugh, influenced and brainwashed the gulables, picked up his fees ..... and departed for pastures new.
An honourable way to scrape a living in this business I fear.

Hope to God that JF gets at least two IOCs bidding, or he'll sign us away for 3 quid and think he's done us a huge favour and sees himself as a hero !
I think we all have a suspicion that Shaikan is seriously under-played (probably JF was /threatened/ 'encouraged' to keep it under wraps for political reasons as part of the Kurdish/Barzanistan bid for freedom era) but the full content of all oil bearing stratas will out eventually - lets hope that happens before a sale price is agreed.

With nothing to show for it. Broken promises, missed targets, no news as to what goes on in our company. Huge, essentially unearned and unjustifiable salaries drawn.
If we are indeed under consideration for a sellout - best not to announce anything JF or you may get us involved in a bidding contest, and that wouldn't be skillfull management on behalf of your destroyed PIs now would it ?

Very Valid questions dodger - but they will never get answered.
Corruption goes on unchallenged and certainly will never be prosecuted.
Like takin' candy off babies ;)

Will you take nok30 and we have a deal ? Godt Jul from us in Oslo.

Someone in MOL will suffer dearly at the hands of our Masters for communicating that info to the public. JF knuckled under after 6 wks and just keeps his mouth shut, achieves nought, and takes his fabulous salary and bonuses they hand out for obedience.
Can we find out if the mounting cash pile has been deployed to the company's benefit by placing orders for substantial equipment - or is it just laying stagnant and being mismanaged like our investments ?
The expensive M&A lady must have realised by now that she is way out of her depth and her irrelevant London laws are irrelevant. She appears to have achieved zilch. No surprise there then.
JF has a lot to answer for.

Of what size the BoD's self awarded Xmas bonuses will be yet ?
Sad thing is - they probably think they've earned them.
IF production has upped to 40k/d why on God's good earth don't they sing it from the rooftops ?
The company slogan must be "I vos only obeying ordez"

Corruption.
Rejoice in the knowledge that our personal greed and hard earned savings have spawned many a local dynasty of multi-millionaires.
I fear that the Hard Headed IOC's won't touch this corrupt and unstable region with a barge pole.
We generate serious cash indeed - maybe we'll get a payback via dividends, but seems more likely that the puppet BoD will be voting themselves a round of well earned bonuses. No wonder they operate in the shadows.

Maybe we should all be buying at these prices ?
This must take off at some point.

If we hadn't had the 100:1 massacre - would our SP be £185 today ?

Around 25/bbl in the North Sea - and they just had a duster I believe.
Makes our $3/bbl and spectacular Explo track record look a bit too good ? (is that why nobody will touch us with a barge-pole ??)

Well we're falling like one.
Tuppence been and gone ffs.
If there's any favourable news on progress towards pipelines, wells, production .... Could be a good idea to report it arose nd now Jon (if you are allowed to) to help stem the blood-letting.

Bit before my time ol' Cock - but wouldn't £3.50 then be equiv to 3.5p now ? If so, wer'e doing OK at 215p.
Interesting about the big debt - is it carried in the company's accounts as an outstanding debt ?
Didn't the bond holders do well in the sell-out ?
Any of you oldtimers care to enlighten - What or whom is holding this company back from BOOMING ?

Good find gyp8. I don't suppose Dana has seen a penny of the learned wiseones's rulling.

Straycat - explanation is quite simple: we may be allowed to keep and divvy up the bank balance when this farce is eventually nationalised.
Their only problem is how to split the winnings between the Baghdad and Erbil tribal chiefs.
I don't think they give a hoot about the paper mumbo-jumbo scribed by suits in wigs and fancy offices in far off London.

roll if this isn't engineered down under 2p.
Takeover at a baragain price inthe offing ?
Wonder why it's such a bummer of a share ?

Very optimistic T 21, hope you're right.
Whatever happened to BroadfordBay by the way ?

Whoever ultimately rules over this clusterflux - it will interesting to observe just how the exceedingly wealthy tribals in the MNR and the Local Tinpots above them, manage to wriggle out from paying us the £300M+ they have run up in back payments/under payments/absconded payments/redirected payments.
Watch and learn then........

Calm down JFT - we are just as helpless as the population of Kurdistan who have watched those in power among them become hideously wealthy on manipulation of their country's assets.
Wasn't that period of 'underpayments to IOCs diverted to fight IS' magnificently exploited. A real windfall to the crooks.
Has anyone in GENEL kept tally of the debt ?
Now its our BOD's turn to divert our assets to their benefit - no conscience, no repercussion and all totally justifiable and above board.
I predict further awards being made to lesser BOD members soon.