Member Info for jdstandard

Lot of verbosity on this page......Talk oil news- facts - Figures- Who cares if you just bought or sold ...To all those guys join a dating site. PMO GO.

An intelligent comment----

https://oilprice.com/Energy/Crude-Oil/Shale-Under-Pressure-As-Oil-Falls-Below-50.html

To 10c & beyond.

Lot of Negativity here about PMO. If they can survive at $20 they can survive at $50. 30% hedged at $70. Lot of rubbish chat also about what individuals bought in at and what they made and so on.WHO CARES! Give us facts & figures. Just as well Mr D is running the company and not some of those posting. The tide will turn.

https://www.rt.com/news/445938-opec-oil-price-increase/ Oil is back

Remember when they were 17p when they had nothing....on to something now...hope its BIG!

Nice little Christmas story . Hope it turns out that way I been holding for twenty years.

Just as well TD is running the company... All his moves have been good so far... oil sector has been hit not just PMO...better news coming after OPEC meeting

re; Nigoil. I agree with you; Everyone knows better than Mr D...He got us through tough times and will continue to. It's painful to read all the rubbish that's posted...on site. Shares go up as well as down... Upward and onward

Following its discovery, Talos is due to mount an extensive drilling programme in the Zama area in late 2018, using Ensco’s 8503 rig. First oil is expected in 2022, heralding the arrival of many support vessels around this time, as other exploration and production companies follow similar timetables. Happening now +PMO is hedged 2019

https://energy-analytics-institute.org/premier-oil-to-spud-zama-appraisal-well-in-late-november-2018/

Is it time for Mr D to sell off assets? That said wouldn't get much for them in this market! don't know how it works.Few weeks ago Experts were saying it was going to hit $100 +. Other Experts were saying the opposite. Best thing to do now is wait & hope OPEC turn off the taps. We been here before ....

Do the oil experts have a clue. One group is saying over supply other is saying under supply. TD says $60 bucks is good will clear debt 2018-2019 He's hedged oil until then.

Remember Ormonde mining sp hit 17p when they had nothing only flecks of gold and hope. Lot has changed since then 40M Project on course for take off 2019. Sky's the limit 50p

Premier has hedged around 30 percent of its output at a price of $69.1 per barrel for the first half of next year and $72 per barrel for the second half,

Now ; About Premier...Still in the game Mr D said 2018-19 for Debt Reduction. Also Oil is Hedged at Premier has taken advantage of the improved oil price environment to increase its hedging position in 2019 to protect future free cash flows and covenant compliance.

What's all this talk about 'RACISM' -This site is about Premier Oil--Cut the Rubbish talk or join Twitter

Oil rose on Thursday, recovering modestly from this week's three-week lows, after record Chinese crude imports soothed some concern that demand in the world's largest commodity buyer may be flagging just as global supply is rising...."OPEC and Russia may use cuts to support $70 per barrel," said Ole Hansen, head of commodity strategy at Saxo Bank

Lot of Negativity about SP....But didn't Mr D say 2018/19 to clear debt & $60 per barrel will do that. POO has been well over that for Months now.