Member Info for MaverickD

Buys hitting the terminal

Charts looking bullish and buys are getting in at this level - just need that break above 77.5p and then 83p - we can finally move on from here.

Buyer is building and we have shorts closing - oil climbing and contracts are being awarded - perfect storm brewing. Have faith and patience as the sp will trend higher!

Should get an RNS confirming details

Should see another RNS on a contacts this week - I have a feeling there is an update

Slow and steady, will see what this week brings.

Patience they are probably moving from WG to PFC wink wink

There was an article released in March 2023 stating that Petrofac was one of ten potential takeover targets, so very much on a number of people’s radar

Well I would think the offer will come and hence why buying here is a no brainer

Good stuff its about getting ready for the move

Filling as we move higher - really need a strong move through that 77.5p

Oil surging right now……whole sector looks like its gonna pop

Looking good and it has seen a slight dip in the last 5 mins and we should see that usual pop higher - think we can break through 78p today.

I think we are set to break through 30 and possibly get closer to 31p today…….great buying opportunity

@Eamonn production was 77k I think from memory but Oil was hedged at $40 - completely different right now. Their current productions brings in more revenue than when they were pulling more oil out of the ground.

And now production will be increasing with Jubilee Rampling up to 100k barrels - Oil absolutely ripping again ……this is moving higher

When I was first buying here debt was 4bil now less than half with more production and higher hedges in place. Oil price is slated to get to 100 dollars so at these levels a screaming buy

Released by AEX expecting this to ride higher as they have hit milestones and it would appear we are that bit closer……

Agree with what you are saying and TA goes out of the window when you get a whopper RNS - the shorters got spanked with that Hitachi RNS - nobody saw that coming. I have a good holding and I have always added on any weakness, but with anything I do book some profit as the swings have been a little ridiculous. Should now be a buy confirmed and with Brent playing ball too well who knows where next.

Now logging the sells but they’ve been soaked up and we edge higher - indicators will now show this as a buy