Member Info for MTSparky

thanks 1750. I do talk sense sometimes.

...be nice to see a TR1 new holder notification while we wait for the new asset to close.

If HALO are to survive long term they need more income for sure. They need to be offsetting income against decommission liabilities. If they cant then it will be an expensive bond issue which just kicks the can down the road. TTF prices are working against us.

I agree Older, get a good price then get out. Put your money into Neptune maybe. No idea what a "good" price is though. I want £5/sh but I guess pigs might fly...lol

Lets hope so RB. Be a shame if it all comes to nothing after all these years.

I wouldn't get too excited RB...lol

£19 has gone again. should be a good few months ahead ….80))

AA did say in the interview he is looking for a gas development project but as you say at £20m a potential 500m STOIIP must be tempting !!

RRE must be looking at I3E. Serenity adjacent to Tain. Liberator next to Blake.

interesting. How much do HALO still owe Tullow? and how are HALO covering abandonment costs?

https://www.lombardodier.com/contents/corporate-news/investment-insights/2019/september/oils-slippery-slope.html?utm_campaign=cio_oil&utm_medium=OC&utm_source=linkedin&utm_term=investmentinsights&utm_content=september2019

Andromeda North well on licence Block 42/12 should be approaching TD by now. LWD so HALO should have a good idea of what is down there. I would prefer a good offer for HALO based on successful drill result and take the cash. I don't think the open market would value HALO very kindly.

What do you think Neptune would do with Tullow 101 ?

As predicted, sellers still being flushed out. Can see some traction at some point and SP re-rating, not sure about £37 pre-acquisition though. £25/sh would do for me. Very happy to hold...;o))

Volume of trades and volume of chat on LSE have both dried up. Coincidence?

1895.00 - 1930.00 (GBX) at 15:32:56
on Market (LSE)

1hr to go can we break £20 ???...;o))

£25/sh plus a £1 dividend would be amazing. It is frustrating that there is no apparent multiple being applied to the value for future earnings. or maybe a high risk factor is applied for short production life and potential outages. Who knows.

The SP collapse is II manipulation. It is all part of the deal when you get them involved in finance. This is why II's don't like companies they are funding to hedge their gas/oil prices. They need the SP movement to make money/side bets.

Time to switch off for a month and look forward to Serenity results..;o))

Serenity Prospect

• Provides exposure to low-cost, high-impact upside with tie-in potential to Liberator Phase II infrastructure
• Interpreted as the westerly extension of the Tain Discovery into Block 13/23c
• The Tain discovery encountered 35° API oil in Coracle and Captain sands and was subsequently appraised by three wells – well 13/23b-5z tested and flowed at a rate of 6,700 bopd
• i3-estimated STOIIP of 197 MMbbls based on conservative assumptions regarding oil column thickness

With all the CAPEX needed for Arran, I will be happy with cash levels anything above £220m end of 2020.

2021 should then be a stonker.

….any rise from good interim report may be gobbled up by seller, but at least that may be that on this drip drip of selling.

A decent dividend policy will do for me...;o))

Foook up !!!!!......:0/