Member Info for Love_You

Make sure the government knows that you are a force millions strong - and the green party want to destroy your way of life. Yet if they want to use zero oil and grow their own vegetables then nobody is stopping each member of the Green party from doing just that. However don't block our projects and our roads because you want to destroy our way of life - we don't have a problem with you working the land by hand and living in your poly-tunnels - but don't interfere with out oil rigs and the beautiful cars
we buy because they look and sound so awesome - and give us great pleasure to drive - just as growing turnips/leeks no doubts gives you great pleasure as does sleeping in a poly-tunnel - however every-time you come offshore to protest in your speedboats you are using the oil that someone else has worked hard to produce, i.e. you are having fun in a speedboat whilst denying an oil workers a little of the fuel that they rightfully earned for their Ferrari-Lamborghini - so get off your high horse and stop thinking you are morally superior.

As I got into my car to drive south to Italy to test the new Ferrari GTC4Lusso, I had just one thought on my mind. The name Ferrari will give anyone goosebumps, and getting to drive one will give you even more! For all the Ferraris I have been lucky enough to drive, trust me it never gets old! Sure you can argue with me about several others, but the allure and excitement around the Prancing Horse is like no other. And that is why when this niche sports car specialist does a new model the whole world sits up and takes notice. The GTC4Lusso is the latest model from the Maranello stable, and replaces the FF in the Ferrari lineup. In many ways this car is the model that picks up from where the predecessor left off, rather than driving in a whole new direction.

https://auto.ndtv.com/reviews/ferrari-gtc4lusso-review-1433977

Make sure the government knows that you are a force millions strong - and the green party want to destroy your way of life. Yet if they want to use zero oil and grow their own vegetables then nobody is stopping each member of the Green party from doing just that. However don't block our projects and our roads because you want to destroy our way of life - we don't have a problem with you working the land by hand and living in your poly-tunnels - but don't interfere with out oil rigs and the beautiful cars we buy because they look and sound so awesome - and give us great pleasure to drive - just as growing turnips/leeks no doubts gives you great pleasure as does sleeping in a poly-tunnel - however every-time you come offshore to protest in your speedboats you are using the oil that someone else has worked hard to produce, i.e. you are having fun in a speedboat whilst denying an oil workers a little of the fuel that they rightfully earned for their Ferrari-Lamborghini - so get off your high horse and stop thinking you are morally superior.

As I got into my car to drive south to Italy to test the new Ferrari GTC4Lusso, I had just one thought on my mind. The name Ferrari will give anyone goosebumps, and getting to drive one will give you even more! For all the Ferraris I have been lucky enough to drive, trust me it never gets old! Sure you can argue with me about several others, but the allure and excitement around the Prancing Horse is like no other. And that is why when this niche sports car specialist does a new model the whole world sits up and takes notice. The GTC4Lusso is the latest model from the Maranello stable, and replaces the FF in the Ferrari lineup. In many ways this car is the model that picks up from where the predecessor left off, rather than driving in a whole new direction.

https://auto.ndtv.com/reviews/ferrari-gtc4lusso-review-1433977

Make sure the government knows that you are a force millions strong - and the green party is a few thousand of people who want to destroy your way of life. Yet if they want to use zero oil and grow their own vegetables then nobody is stopping each member of the Green party from doing just that. However don't block our projects and our roads because you want to destroy our way of life - we don't have a problem with you working the land by hand and living in your poly-tunnels - but don't interfere with out oil rigs and the beautiful cars we buy because they look and sound so awesome - and give us great pleasure to drive - just as growing turnips/leeks no doubts gives you great pleasure as does sleeping in a poly-tunnel - however every-time you come offshore to protest in your speedboats you are using the oil that someone else has worked hard to produce, i.e. you are having fun in a speedboat whilst denying an oil workers a little of the fuel that they rightfully earned for their Ferrari-Lamborghini - so get off your high horse and stop thinking you are morally superior.

As I got into my car to drive south to Italy to test the new Ferrari GTC4Lusso, I had just one thought on my mind. The name Ferrari will give anyone goosebumps, and getting to drive one will give you even more! For all the Ferraris I have been lucky enough to drive, trust me it never gets old! Sure you can argue with me about several others, but the allure and excitement around the Prancing Horse is like no other. And that is why when this niche sports car specialist does a new model the whole world sits up and takes notice. The GTC4Lusso is the latest model from the Maranello stable, and replaces the FF in the Ferrari lineup. In many ways this car is the model that picks up from where the predecessor left off, rather than driving in a whole new direction.

https://auto.ndtv.com/reviews/ferrari-gtc4lusso-review-1433977

Make sure the government knows that you are a force millions strong - and the green party is a few thousand of people who want to destroy your way of life. Yet if they want to use zero oil and grow their own vegetables then nobody is stopping each member of the Green party from doing just that. However don't block our projects and our roads because you want to destroy our way of life - we don't have a problem with you working the land by hand and living in your poly-tunnels - but don't interfere with out oil rigs and the beautiful cars we buy because they look and sound so awesome - and give us great pleasure to drive - just as growing turnips/leeks no doubts gives you great pleasure as does sleeping in a poly-tunnel - however every-time you come offshore to protest in your speedboats you are using the oil that someone else has worked hard to produce, i.e. you are having fun in a speedboat whilst denying an oil workers a little of the fuel that they rightfully earned for their Ferrari-Lamborghini - so get off your high horse and stop thinking you are morally superior.

As I got into my car to drive south to Italy to test the new Ferrari GTC4Lusso, I had just one thought on my mind. The name Ferrari will give anyone goosebumps, and getting to drive one will give you even more! For all the Ferraris I have been lucky enough to drive, trust me it never gets old! Sure you can argue with me about several others, but the allure and excitement around the Prancing Horse is like no other. And that is why when this niche sports car specialist does a new model the whole world sits up and takes notice. The GTC4Lusso is the latest model from the Maranello stable, and replaces the FF in the Ferrari lineup. In many ways this car is the model that picks up from where the predecessor left off, rather than driving in a whole new direction.

https://auto.ndtv.com/reviews/ferrari-gtc4lusso-review-1433977

17.4 million people don't drive German cars such as the Porsche Cayenne!

https://www.porsche.com/uk/models/cayenne/cayenne-models/

Or else they voted to leave the club that provides the future spare parts for their cars!

I actually know someone who drives a BMW and voted for Brexit - I could never really see how he could reconcile those two things in his own mind - I did try asking him if his car needed repairs in the future where were the spare parts going to come from?

Also why would you not aspire to own a European car such as a Ferrari - it's still way more beautiful than any Tesla or some poxy tiny electric vehicle - https://auto.ndtv.com/ferrari-cars/gtc4lusso

https://uk.finance.yahoo.com/news/exxon-delays-1-9-billion-143739902.html

This is a pity as it means a blow for the Canadian economy and a loss of skilled jobs in the Canadian oil-and-gas sector.

Also $2.1 Billion for 60,000 barrels of onshore production is a pretty reasonable price - in fact a very low price compared to what smaller independent oil-and-gas companies have paid in the market to develop that amount of production over the past decade.

If flight's are jam-packed then the directors are behaving improperly if the company is issuing profit warnings. A jam-packed flight mean that you can increase the prices for sure ... that's what company's are meant to do in a free-market economy!

I would actually say the energy market is unstable - unclear plants tend to last around 35-40 years (or less if magnox or inferior design).

Hence nearly all of the UK's nuclear plants are at the end of their life - and are actually continuing to be run beyond the end of their intended lives to prevent a power crisis/blackouts in the UK - however this is not safe in the eyes of some, and certainly not a medium-term solution - even those that said it was safe (because the alternative of blackouts was worse) acknowledge it is only a short-term solution. Nuclear plants have a life, and we are already into the period when those lives have been extended by cutting back on the legal safety margins required of the elements in the reactors which slow the neutrons down, and hence which get used up themselves over time in this process).

In my opinion what's gone wrong is the policy focus on wind power - it is okay up to a point but is not reliable and hence can't really be a solution for the whole UK economy. Windfarms are also very expensive and who knows what their performance will be like in 10-15 years - how often do the turbines break down - what level of maintenance is required? Also onshore wind is even worse as the landowners ask for ridiculous amounts of money just for 1 turbine

Company should be telling government/ministers green tax is making the government unelectable in the eyes of voters like myself - that we know all the money is ending up in the hands of already rich landowners who are not behaving morally/ethically from what I have observed with my own eyes - quite right that ordinary people are up in arms about what's going on - government is not their to funnel tax payer's money straight to gentleman farmers/landowners for doing nothing but driving around the countryside in their brand new Porsche Cayennes, whilst there are no jobs for the young, many villages have gone from 3 or 4 pubs down to just one, local hotels/b'n'b's closing down - villages destroyed - complete failure of managements and of people to behave ethically.

What's need is something which can provide electricity with a great degree of long-term stability - that is gas turbine generators. Nuclear is too dangerous - solar is too niche - wind power can't be rolled out in large enough scale - and we have already moved away from coal - but gas power seems like the answer - the plant designs are simple and well-understood by many, the construction is relatively quick and straightforward, and we can import gas from Qatar/offshore Brazil/Norway/Russia/USA for the next 100 years - look at the Marcellus shale gas field in the USA - they have so much gas there they would be grateful to sell it all over the world at 15p per therm . & Shell is doing a great job offshore Brazil and offshore Australia. Hence looking at all the options new gas-fired power stations seem to be the greenest, cleanest, cheapest, most stable, and easiest! - Why aren't we getting on with build

In my opinion what's gone wrong is the focus on wind power - it is okay up to a point but is not reliable and hence can't really be a solution for the whole UK economy.

Company should be telling government/ministers green tax is making the government unelectable in the eyes of voters like myself - that we know all the money is ending up in the hands of already rich landowners who are not behaving morally/ethically from what I have observed with my own eyes - quite right that ordinary people are up in arms about what's going on - government is not their to funnel tax payer's money straight to gentleman farmers/landowners for doing nothing but driving around the countryside in their brand new Porsche Cayennes, whilst there are no jobs for the young, many villages have gone from 3 or 4 pubs down to just one, local hotels/b'n'b's closing down - villages destroyed - complete failure of managements and of people to behave ethically.

What's need is something which can provide electricity with a great degree of long-term stability - that is gas turbine generators. Nuclear is too dangerous - solar is too niche - wind power can't be rolled out in large enough scale - and we have already moved away from coal - but gas power seems like the answer - the plant designs are simple and well-understood by many, the construction is relatively quick and straightforward, and we can import gas from Quatar/offshore Brazil/norway/Russia/USA for the next 100 years - look at the Marcellus shale gas field in the USA - they have so much gas there they would be grateful to sell it all over the world at 15p per therm - and Shell is doing a great job offshore brazil and offshore Australia. Hence looking at all the options new gas-fired power stations seem to be the greenest, cleanest, cheapest, most stable, and easiest! - Why aren't we getting on with building them?

Catcher, Bergman and associated fields contain 120 million barrels of 2P reserves. Premier own 50%. Hence 60 million barrels gross to PMO.

Current market value (if it were all produced at today's oil price) = $69 x 60,000,000 = $4.140 Billion.

Convert to pounds at 1.31 (current exchange rate) = £3.2 Billion.

It's not bad that Catcher is worth £3.2 Billion as given PMO have been stuffed previously by the UK government they have $4 Billion in previous tax losses to offset against future profits.

Hence assume little to no tax needs to be paid on Catcher then the gross value to Premier is £3.2 Billion currently (can reasonably assume that discounting of future years cashflows is matched by increased oil price/inflation in future years).

That means if PMO only had it's stake in Catcher as its sole asset that a market cap of £800 million (which is the current market cap given the current share price of 98.5p) would be a reasonable market value for this company. However Catcher only accounts for about 40% of current production and only about 10% of current gross 2P reserves (and even less of Premier Oil's 3P/contingent oil-and-gas reserves).

Hence one can only conclude that PMO is mega undervalued - when it's being valued currently by the market as though it only has 40% of its current production and only 10% of its current 2P reserves will ever see production in the future (according to the market).

Just sayin'

This is not new. There was a story out almost 20 years ago clearly stating that the Saudi oil fields are much less than what the Saudi's are claiming. Even the sands in Canada contains more oil than what the Saudi's have or can pump out of the ground. The Saudi's control over Middle East oil is coming to an end.

Of course instead of defaulting on debt the other solution is to increase oil production - many projects are currently desired by the majority but brought to a standstill by a few hundred greens/rich green privileged lobbyists who don't care about the majority of ordinary decent people.

Have a look at Providence Resources. They have between 350 million - 1 billion barrels sitting in shallow waters offshore Ireland (only about 30 miles offshore next a major city Cork (so employing local people should be really easy).

Hence I believe that projects such as the Barryoe oilfield (owned by Providence Resources) should have been given the go-ahead by both regulators and banks/external financiers in 2014 (the same as the SeaLion oilfield owned by Premier Oil/Rockhopper) - as it takes about 4-5 years for an offshore oilfield to come into production, if these projects had been given the go-ahead in 2014 then they would be coming into production this year (2019) - timed perfectly to coincide with a rise oil price and to keep the economy stable (to ensure price stability of the general economy which still depends on oil - as governments were told it was as greens were always a tiny minority but go too much media attention - almost a criminal amount of media attention/completely biased playing-field in their favour).

About 18 months ago I did an analysis of Ghewar - I told my father that it wasn't going to last as long as many people perhaps thought - that by my own analysis/calculations that oil output would probably fall steeply around 2025 and may fall to around 20% of current production levels by 2030.

https://uk.finance.yahoo.com/news/biggest-saudi-oil-field-fading-113434887.html

The Ghewar field currently produces around 4mmbopd

about 18 months ago I did an analysis of Ghewar - I told my father that it wasn't going to last as long as many people perhaps thought - that by my own analysis/calculations that oil output would probably fall steeply around 2025 and may fall to around 20% of current production levels by 2030.

https://uk.finance.yahoo.com/news/biggest-saudi-oil-field-fading-113434887.html

The Ghewar field currently produces arounf 4mmbopd

Why would China/World slow down - does human nature change that much - mayeb you should read Shakespeare - humans have survived so well by being a very aggressive species who love to build - concrete survives storms excellently and provides an extremely strong shelter against unexpected events - the same for steel - perhaps explaining why those humans who consume vast quantities of natural resources tend to be the best at reproducing. It's all very well to be a hippie - but look at who the women/girls want to reproduce with - it's generally the men who own a skyscraper and flit/gad about the world by jet. Hence there is a strong evolutionary force driving humans to build steel ships, aluminium planes, all skyscrapers, and overproduce food, clothes and toys - a lot of women seem to like all of these things!!

Also, about 18 months ago I did an analysis of Ghewar - I told my father that it wasn't going to last as long as many people perhaps thought - that by my own analysis/calculations that oil output would probably fall steeply around 2025 and may fall to around 20% of current production levels by 2030.

https://uk.finance.yahoo.com/news/biggest-saudi-oil-field-fading-113434887.html

The Ghewar field currently produces arounf 4mmbopd

About 18 months ago I did an analysis of Ghewar - I told my father that it wasn't going to last as long as many people perhaps thought - that by my own analysis/calculations that oil output would probably fall steeply around 2025 and may fall to around 20% of current production levels by 2030.

https://uk.finance.yahoo.com/news/biggest-saudi-oil-field-fading-113434887.html

The Ghewar field currently produces arounf 4mmbopd

About 18 months ago I did an analysis of Ghewar - I told my father that it wasn't going to last as long as many people perhaps thought - that by my own analysis/calculations that oil output would probably fall steeply around 2025 and may fall to around 20% of current production levels by 2030.

https://uk.finance.yahoo.com/news/biggest-saudi-oil-field-fading-113434887.html

Just to give the Barclays BOD a hint as to what is a good idea and would make the UK a more attractive place for inward investment - a UK citizen actually had this idea (for a website based around connecting people who offer local knowledge/experiences with those who have the money to spend on leisure in this way). However due to the inability of the UK citizen to connect with UK banks regarding turning this idea into a reality about two years later Air B'nB started offering a service which connects those offering "local knowledge/experiences" with those having the disposable income to spend in this way.

I just think banks in the UK are doing something very wrong when they let good ideas like this slip around their grasp. You could argue Air B'nB was a natural home for this idea....however I don't believe that was (or is) the case. This ideas was big enough to have formed the basis of a whole new company - just based around connecting these kinds of vendors (selling experiences) with customers desiring to spend money on experiencing things. Hence I believe it could have had it's own website, been it's own company, and probably have a valuation at least as much as Air B'nB if not more. And it would have been a purely UK founded company and would have made the government happy and made the UK known as a place of good business ethics where the people with good ideas can succeed and be rewarded for them. Hence I really think UK banks need to up-their-game in terms of how they treat people who may approach them with novel/unique ideas for large-scale (global)/online businesses in the future.

https://www.airbnb.co.uk/experiences/390169?currentTab=experience_tab&federatedSearchId=d3373e0f-2cc5-40b0-9d40-f46fa7e24ff2&searchId=5f93707a-fa87-49fd-81b7-b87a5e0ba3fa§ionId=46483a81-c345-4208-a933-675172a8a682_8&source=p2

LED Night Kayak Adventure

Getting rid of steelmaking and shipbuilding from the UK - only to then import our requirements for steel and ships from South Korea and China definitely lowered wages and GDP in the UK. These were jobs which paid well above the minimum wage, often with good pensions and good job security - all replaced by zero hour contracts with very poor pension provision and little (or no) job security.

I don't think the government should boast about having decent employment levels in the UK when it is a low wage economy, much of it comprised of insecure jobs with little benefits (pensions or travel allowances).

An economy that serves sneakers and flat whites is not an economy to be proud of - whether employment is at good levels or not (and this is debatable due to the way the employment figures don't distinguish between people working 25 hour vs 40 hours per week).

And this is relevant to BP because it is relevant to oil usage. An economy centred more around better paid jobs is likely to lead to more spare income for travelling and pleasure trips - hence there would be a larger demand for BP's products (oil, aviation fuel, natural gas, diesel, heating oil, and bottled gas).

Also, I would recommend taking some time to connect with other people and the "real world". I know myself that discussing politics too much is only bad for one's soul - everything in moderation, and a little politics is probably alright as part of a balanced life.

https://www.airbnb.co.uk/s/experiences?refinement_paths%5B%5D=%2Fexperiences