Member Info for mrc_mrc_mrc_mrd

Or like keeping all your chips on black. Eventually the house will take it all.

Romaron - good analogy. As long as you keep investing (and therefore not making any money for shareholders) you won’t pay much tax!!

Chilting - ENQ are operator of Bressay and Bentley. They control how the project progresses.

Bressay gas for Kraken fuel gas would help us out with high diesel and carbon costs.

We also have to run the gas generation anyway to provide inertia. Wind can’t do this so more expensive upgrades to add to the grid to eliminate gas.

We also have the massive over capacity required, unless an efficient large scale storage solution appears as if by magic

Price looks good to me, rollback to SP 1 year ago when we had circa $500m more debt (and granted expected to keep all profit). We are entering 2023 with higher production and debt maturities are comfortable.

It’s gift of you can wait 6 months IMHO.

In 2012 he was “Rumoured to be worth close to a billion dollars”

He has about £40 tied up in ENQ (probably worth nearer £100m in 2012). I suspect his other investments will have done a lot better. You don’t go to Davos every year if you are on hard times.

He likes it around the 21p mark.

Not much downside risk from here IMHO

This guy has got to be an AI

Their spawn still seem keen to tear down society…

https://www.energyvoice.com/oilandgas/north-sea/472366/just-stop-oil-calls-for-an-end-to-arrest-and-imprisonment-of-protesters/

Police and judiciary targeted in this article.

Welcome back Dan

What are you hoping for from ENQ?

QfO - you are rather tiresome.

The current deal lasts through to June, but Opec talk regularly and will react if they deem it necessary.

Russia are already cutting additional production from February.

Looks like AB picked his bottom again!!

GLA

So were you a little shocked that TC has now announced that Athena is being decommissioned?

No connection…just picked a random post from a few years ago and as you can see you were drinking the kool Aid even then!

Sonofthebull
Posted in: PMG
Posts: 3,187
Price: 62.40
No Opinion
RE: Faroe petroleum09 Jan 2019 09:51
Robs12 the problem with scoobydoo5 is that he is rather impatient...Tom has stated his case in fact last I heard Parkmead were looking to tie Athena through the Claymore as it’s still got a minimum 25 year production schedule.
All these pockets of isolated oil reserves will come to the surface

It looks like next year or never for Perth IMHO.

I give it a 20% chance of finding a partner, but we need TC to lower his expectations!!

According to SOTB TC turned down £140m for the company back in 2018 I believe.

The company is a zombie without a significant recapitalisation to pursue this AD strategy.

Existing SH will end up getting diluted to hell in the process IMHO.

Good luck anyway!

What a lot of rubbish sharepicks

Hope you haven’t handed over any hard earned for this BOD to squander!!!

Dear God Stevo, please do us a Christmas favour and give it a rest.

in November last year he claimed it would be “£1 by Friday”. One year on with bumper gas prices and the SP is flat.

He also claimed that PMG had a “massive cash pile”. Well that will be gone next year after the planned decomm spending.