Member Info for kenniGT

Yep, it will be interesting methinks.

OIl test is not running water for you bath SK

Why you investing in oil if you do not know things like that?

Well test it is not something you do in a day or two

Solan test of new well , Tony said in the interview, will be done last weekend, so we should have some news soon

I would be happy to see that.

Lets see in couple minutes
http://www.livecharts.co.uk/MarketCharts/crude.php

So, time now for them to bail us out ;)

so $5bln give or take ;)

1bln plus 4bln tax credit

''Chrysaor's Vision:
Our vision is to create a market-leading, North European E&P company that we and our stakeholders are proud of.''

LOL so they want only North Sea asset probably.

So, Tony and Chrysaor, they know each other for a while now.

It has to be mistake. https://www.chrysaor.com/who-we-are/timeline
2011 they farmed out Solan to PMO. 2019 they produced 200 000 bpd.

f me, they could eat PMO for breakfast.

They produce 200mln bpd? O_o

Rookie everyone knows what we are dealing with. Dilution. Methinks they trying to avoid it , and Chrysaor came in trying to grab some assets for some debt financing. I wonder if they realise there is 4bln tax credit to take here.

this is from financial times SK... as per this topic first post

ok I have it:

It is unusual for a company to be involved in talks to restructure another group’s debt unless it has an interest in a merger or acquisition of some of its assets.

The move, first reported by Bloomberg, signals a potential tussle between two of the North Sea’s largest producers, with Premier shareholders unwilling to sell despite its $2.9bn debt load and Chrysaor seeking to expand its North Sea footprint amid low energy prices.

Premier said it would stick with its proposal to raise $530m from shareholders as part of a refinancing despite the approach by Chrysaor, which snapped up the North Sea assets of ConocoPhillips last year in a $2.7bn deal.

copy paste please

https://www.energyvoice.com/oilandgas/north-sea/265681/premier-oil-chrysaor-deal-articleisfree/