Member Info for JH77

Welcome back Wraith! Good luck with that....I'm scratching around the back of the sofa meself at the moment to try to find a bit more to throw at PVR & LOGP.

I'm happy with any deal which gives this share a rerate to a respectable level. IE many multiples of where we stand at present. Depending on where this stabilises price wise I would probably take some profits out of my trading account, as I have a few other companies on my watch list ( PMO and TLW amongst them).....I have a few hundred thousand in my SIPP which I would leave until production gets underway in several years time. In the event of a takeover offer I would hang fire for a long time to see if a second bidder enters the fray with a better price. As I did with COVE a number of years ago. All in the lap of the God's right now and just hoping we don't get a load of punters bailing out when this hits 1.8p as happened last week.

Agree with you long fell. A deal done on Barry will be a company maker for LOGP. Reimbursement of past costs will put 6m in the bank and free carry to production. Massive rerate on the cards for Lansdowne and also a strong possibility of take over approaches from other parties. Surprised that PVR are not performing too well SP wise. I hold both and was expecting PVR to be at least 14p by now.

I think everybody is...including me.

That's a hefty auld trade by any standards. Buy or sell? Might get a RNS in the next couple of days to throw some light on this?

Should be able to buy more now as a few chunky sells have just gone through

Well....we might get an update as early as the end of this week. Wish I had a few more bob to throw at this and pvr...but fully committed now and no more spare wonga. My guess is that NEXEN are the interested party.

Could be Nexen...now owned by CNO0C. or maybe Cairn. Or maybe some party like BP. Who knows?

Well done Del Boi and thanks for sharing. Looks like a UK partner is in the frame then. Kind of narrows the field a bit and probably rules out Total and ExxonMobil. I wonder are we looking at Cairn or what?

Have you read the RNS of 28th Dec? ££££££££££

By 27th Jan. IMO

Time will tell Grant. They need to work fast if they intend to drill Summer 2018 for sure.

A mystery. Dec 28 to Jan 9 equals 12 days. So 27 Jan equals 30 days since the RNS. As far as the actual commencement date of the exclusivity period goes.....Your guess is as good as mine, but I am assuming some outcome by 27th.

Food for thought chef. Be interesting to see what develops in the next few weeks. Thanks for the research BTW.

No Granto ...it's 25 million for one well and a sidetrack. That's a multi well campaign in TOR speak. Unless the farminee has deep pockets and decides to drill the deeper exploration targets. So the exposure is 25 million if the existing partners go it alone. Obviously this would mean that LANSDOWNE need to borrow some money or do a further equity raise. Let's see what pans out!

Some of the reported sells are actually buys. The 12.53 trade was mine and it is a BUY.

Fair comment!

It all depends on the news or the lack of it....or the general feeling of the risk takers out there. Could be up a fair bit as t traders take positions.

I'm quietly confident that we will cross the line by the end of the month and expect drilling in July 2018.

Hope he doesn't think it appropriate to back date his pay rise. Watch this space!