Member Info for kenniGT

Quick question, SK baby. . .

Are u still out or just thinking about top up?

BP has too much of the good. Hard to manage everthing. They now have policy to pull out from North Sea so they need to start selling what they have.

Rationale and benefits of the Acquisitions

·    Add c.23 kboepd of cash generative production in 2019 with development upside; acquired assets forecast to generate over US$1 billion of free cash flow to end 2023

·    Add 82 mmboe of reserves and contingent resources at an implied cost of less than US$10/boe

·    Contribute to rising Group production out to 2024 with pro forma 2019 production in excess of 100 kboepd

·    Add low cost, low carbon emission assets with combined opex of less than US$20/boe

·    Accelerate the use of Premier's US$4.2bn tax losses

·    Materially strengthen Premier's financial position

o  Additional free cash flow accelerates debt reduction

o  Significantly reduce forward covenant leverage ratio towards 1x by 2022

·      Extension of existing, non-amortising facilities to late 2023

Asset highlights

·    Andrew Area (50%-100% interests in 5 fields, operatorship): currently producing c.18 kboepd (net to BP) with material near term upside through further development of the Andrew Lower Cretaceous reservoir

·    Shearwater (27.5% interest): significant producing and infrastructure hub, adding 25 mmboe of reserves and resources with incremental investment opportunities and tariff income

·    Tolmount (25% interest): consolidates interest in existing high return development, which is on schedule to deliver first gas by end-2020, with significant upside following recent drilling success at Tolmount East

GL with that :)

http://www.m.livecharts.co.uk/MarketCharts/brent.php

31 as I am posting it :)

cdf 31$

AM how is your shorting crude going? Brent CFD hitting 30.65 just now.
On 21 April (PMO sp 20.9) you were staying out ,so please stay out as SP is even higher.

SK if you not happy with what company is doing, do not invest.
What is the point of me writing on every board I do not like what they do?

So you dont :P

SK again, do you understand debt conversion to Reseve Based Lending or not? :)

https://www.hellenicshippingnews.com/crude-higher-in-european-trading-amid-stronger-demand-outlook/

brent jumped 2$ in one day ,when market believe it, sp will move up. IMO

shorturl.at/osuCS

nonsense panic... bloody phone

This is looking good :)
Despite nonse panic yesterday brent CDF is moving up to above $30

CFD Brent $29.75, another high
I think we will open road to $35 soon

You are looking at futures contract.

wow CFD Brent $29.5

Patm, being right once does not mean you will be right next time. No offence but your buy NCYT at 449 shows that.
I understand you and others would like to top up PMO at low 20 and lower. For each new daily panic, lows will be higher and shorter. World is slowly going back to normal and common sense investors will use those who panic sell to top up on dips. Japan announced today will be easing lockdown as well.

And I was cycling in and out of London for 10 years.