Member Info for laidback

be killing frackers ??

Sp manipulation

This will be £2 by 2020 imo

If they dont do anything stupid and just keep paying down debt then this is a great investment.

PE less than 3 for 2019 !!

Solan fucked this company up.

Since then Catcher been a dream.

Cest last vie !!

Well they haven't said officially ....they are not 'talking' about it ... that's an untruth you just told !!

No they specifically have said debt reduction is priority in 2018 and 2019 ..... so let's see

Well PMO falls and rises more than those two, you know that very well !! Higher beta !!

True ... this is a time to buy, not sell !!

Both ENQ and TLW also down today

Wish I had cash to buy

All rumour and fear mongering....

Oil steady at $60 ..... I'm sure if any deal is done on Chevron assets it will have to pass the lenders' tests

Still hostile takeover position

M&A activity hottin up in N Sea at thear ridiculous valuat ions

Pmo must be looking very attractive producing almost 100kboepd

prices could actually be good

1. Shale oil rig count drops
2. Helps demand

It's all cyclical 😂😂😂

Good points Sanskeys

Why wouldnt PMo be looking at good deals like Tolmount

Im sure that they have the necessary return on capital criteria for any investments

Bought 5% Stake

Whats going on ?

Solan was rubbish. Catcher very good. Tolmount looks good.

Zama looks ginormous. SL is huge.

Have a good day.

All oiIers have suffered .... look at TLW, ENQ

But a bullish sign from Pmo ....must be confidemy about future

Lenders would have to approve any deal imo

Pmo can't be in bad shape if looking to buy more assets

Mkt cap too low to tap shareholders...
more bank finance ?

2018 had some very low hedges, @$55, plus large capital spend on Catcher, some of the reasons why debt reduction did not really take off

2019 is hedged st $70, and production is higher. Catcher capital spend now finished

The debt was only going to reduce substantially and back end of 2018 and 2019