Member Info for levistubbs

Yes I understand that, I am on about the drilling. Which we still haven't started at Big Bear or Dotted Lake yet.

Interesting but where is the money coming from.

Happy with that, another good result.

myfirstmillion you really should be less emotional and take the time to read what people write.
Oil has not had it's day but certainly is in it's twilight years. As I said if you had cared to read there are lots of mature fields with existing infrastructure that have enough oil to see us through to where we must transition.
Of course it's a gut feeling but based on what is happening in the world.
I sincerely hope I am wrong.
Bebeto yes I am sure there have been people in the data room but translating that in to a deal is a different thing. Fingers crossed for a good outcome.

myfirstmillion I don't have anymore experience than you do to suggest it will be a goer.
But what I will say is the company have to keep making the right noises and keep trying, I would expect nothing less.
But those of us who have been here long enough will know the company has form. I listened to a CC many years ago that suggested we would be re-entering Waddock Cross in the coming year. It never happened and that was long before Egypt came along.
Look if there had have been any appetite from larger Oilers do you think lil' ol' united would have been offered 100%.
Surely even you can see that the appetite for such new projects in the oil arena has deteriorated and continues to deteriorate by the day especially when there are many very mature oil fields left to be drained with infrastructure in place.
I don't consider my view negative but realistic and like I said I would be happy for a positive outcome in whatever form. Although I do understand on here that anything other than waving the company flag at every turn is negative.

I would much sooner the company concentrate efforts on getting the best out of Egypt and Italy and find new producing assets that fit the companies criteria.

myfirstmillion although I wouldn't go as far as to say that Jamaica is pie in the sky you must surely admit that the odds are against that project and those odds are getting slimmer by the day and after each climate related disaster.
I can't understand how any oiler however big would want to risk the huge financial burden of setting up a new oil play in such a sensitive part of the world which probably won't produce a drop of oil until the latter part of this decade and have a payback over the following 20yrs.
That is why I have said any positive outcome, however small will be a bonus because as it stands that project is flying in the face of public and government opinion which is increasing daily.

Speechless............a lot like this excuse for a company

Yes it will be nice to see some value for shareholders, sometime.

Good to see a bit of blue today ;-)

Nice bit of business in the North Sea again.

You couldn't possibly be anything else than glass half empty here. The stand in Ceo that seems to have become the full time Ceo, as no one else is obviously daft enough to take it, is a clown. He has no idea which was obvious from the webinar almost a year ago.

Brushless don't apologise for having a moan. This company would test anyone's patience.
It really is a disgrace how they are treating shareholders and should they have made some sort of an update on the status quo long before now. It is pathetic.

Hi HalfSovereign. At the moment from where I stand I would be happy for any positive outcome on Jamaica in whatever form that may be (except dilution of course) because I think the chances of a decent farm out are slim, getting slimmer by the day and slimmer after each climate related incident of which of late there has been far too many.
That said be safe in the mind that Uog would not go it alone, it is potential suicide, and therefore will not dilute to drill there.
I see a farm out , relinquishment, or some kind of fire sale to try to return some back costs.
I have always thought it would be a stretch and have said so many times so I have discounted it in my head. I am far more bothered about why this rarely gains any traction in the face of good news.

Post of the day HalfSovereign. Here here.

I am glad you have been concerned about it Blaim Thrower. As you know it is a question I have been asking a long time.
I am not sure the shareholder call helped that in any way.

All the best Blaim Thrower, at least you are in profit. Imagine being here since near the start and only being in profit all too briefly and currently underwater yet again.
I am sure having replied to you and wish you the best I will be accused of being you too.

TTL so I am greg now too lol. You don't give up do you.

Hi greg, the decline rates are not as much as you mention. You will see from Spangles answer on advfn.

Steady as she goes but need that Hibiscus cash to beef up the bottom line.

New interview out.