Member Info for Mommur

Whilst I added on Friday, I somehow feel shareholders won't get the benefit of this deal. It almost feels as if FPM has given up on accruing significant production and we are back to what we do best - exploration. Shrewdly it may have lowered the potential of FPM being taken over

buying on a Friday no matter how small. Will now wait patiently for calm or sub 70p before purchasing any more! Fundamentals are still sound for $60 oil and wish you all GL whatever your strategy.

be getting near to some news re Lomond to N Everest pipeline blockage. Perhaps tomorrow or weekend news for an optimist like myself. Pity the USA cannae have a blockage seeing as they are a law unto themselves and continue to pump like mad - not a good horizon for oil prices at present, so I am expecting a return to $60 ish and bracing myself GLA

Having offloaded a tranche at 91p, a repurchase made sense, assuming we were in a correction phase only. I'm guessing volatility not over yet, so keeping a careful watch over the pond. That aside, SQZ is primed for "good news" rather than an upset, so all things considered we will retrace back towards the 90's. GLA. Now back to play time with Eco AND char !!

got round to informing us that they are the proud owners of the FPM % of Perth after release. Interesting news is the Scott Platform. Perhaps PMG will purchase the Maersk portion that RRE didn't want??? Still in the bottom drawer.

Don't believe all the figures on this site. SQZ on market closure was @ 77p with 487,189 traded according to HL, of which a large tranche were buys from myself at that price. With regard to Erskine, I would suspect they are dosing along with pressurising either way to release the blockage. I'm sure the Lomond personnel that have transferred to Chrysaor are well on top of it and are actively getting on top of the situation.

opened again for the second time this year - hopefully not another false dawn. GLA

Shame its close to Shearwater / ETAP and not the Bruce Assets!!

I'm probably not being fair with regard to individuals Dick, who have transposed the company into where its at presently, but surely they both had skin in the game, prior to the change in fortune. The "soft" �2.00 is what I find particularly galling. �3 and I would have accepted they had to work for the money !!!!!!!! Back to my watching brief - GLA

Directors pay is commensurate with most companies in E & P, which in my own opinion is reward enough as they take not inconsiderable sums as a salary. The basis of yet another means of reward, by voting in share options at the more or less prevailing price, dated up to 7 yrs is not in the interests of the share holders. Providing JOG keep Verbier and Directors stay with the company, the time horizon for annual salaries is reward enough. I could quote FPM and BLVN and even TRAP where the share price has rewarded no one in the last 5-8 years, but the wages continue to roll in. I would much rather see Directors purchase shares themselves and have significant skin in the game, than lapping up the cream when circumstances come into play. Perhaps JOG will take note of shareholder lament - but I doubt it as once shares are placed they are disconnected from the day to day running of the Company. I should add, I hold JOG shares and Director level is not unkown for me. GLA but be more than aware that Options, debt, rights issues without Pi involvement all come into play with the making of a company

Serica now firmly on the map in the UK Sector and destined to be core business, so it will be interesting to see what is going to happen to both our Namibia and Irish licences. With Namibia season opening up Sept/Oct and licence extension end period looming towards end of year, the timing with other operators drilling seems appropriate. Serica has held the irish Licences through thick and thin, for a lot of years - it would be a shame to see them released whilst concentrating on core business. Again why do I think BP may just have a use for the Drill Rig they bought for Loyal/Schiehallion. Idle speculation guys - no more bickering whilst the SP rises!!!!!!!

Now you are following my breadcrumb trail, especially as they mentioned the dry hole cost as of January. I still think BP are in the mix and have backed my viewpoint with decent holdings in both ECO and CHAR that are showing a 50% increase in SP. Always like being an early bird and back a hunch - although I have lost the plot with PMG and stuffed them in the bottom drawer !! GLA - there's lots of positives here.

Just playing the swings with regard to my position Dunder. Perhaps I was to greedy and should have placed an order at 82p rather than 80p, but hey ho, that's history, especially as I offloaded a large tranche at 91p. I'm sure others had the same rationale and considered 80p bargain territory. As things draw near to the last tranche of Erskine being paid, I'm interested as to whether BP will maintain its 5% holding. seeing as the latest deal didn't involve an additional interest. Happy with my position, but a tad of diversification doesn't hurt for myself, and we will be steady away here now as the multibagging is in the price. Not to sure on Columbus condensate helping with Lomond/Erskine export - nice if it did. So Namibia is $29m dry hole - I just keep coming back to it before licence expires!!!!

Not me just yet - still monitoring, had a huge buy set at 80p that never materialised. Added to my ECO shares so have a warm cosy feeling today. But not as good as my warm cosy feeling with my SQZ holding!!!! Columbus news this quarter - expect its now Lomond/Chryasor route rather than Shearwater - although this waxing issue will present future problems. GLA

just for clarity - this is not the Erskine Pipeline between Erskine and Lomond, but the Lomond to N Everest Pipeline. keep the faith

Was hoping for 80p Dunder, for a repurchase of 200,000 !!!!!!

Need a home for some E & P profits, so added again today. Never bought on inception at 100p, but building a fairly large holding in the sub 85p range. Discount I like and the cycle will turn eventually - I'm patient!!

Sadly I didn't make anything out of Trap, but a loss of �60k. Still have 10,000 shares at a 1:100 riding on JOG from that time so have around �10k back !!! That's AIM for you. Don't disagree with you on Serica, hence my maintained holding, but war chest is my "insurance" if we have a reversal. The old adage - nowt wrong with a profit !!!!!!! GL.

Dunder: Been here a long long time from Conan drill days, Was sitting on a hefty loss similar to my Trap Oil losses, until I loaded up at the 4.5 to 5p range, bringing my average down to just under 10p on around 750,000 shares. Nothing untowards here other than my "journey" has been fantastic and I have took a third off the table. Which leaves a not inconsiderable sum still travelling. New KOTB - never doubted the move up, just enjoying a further ride on ECO & CHAR so was time to strengthen my cash position. GLA - off to caress Titania !!

Huge fan of Serica, but have been reducing my holding somewat as by far over extended in my portfolio. Another 100.000 this morning, but happier with my still substantial holding going forward. Sorry guys, not trying to spoil the party, but piled in sub 10p. keep the faith