Member Info for ocelot

... In a letter to investors earlier this month, Pierre Andurand, the bullish oil hedge fund manager, warned that if Saudi Arabia needs to "offset production declines from Iran and Venezuela" global spare capacity would decline to perilous levels. "Oil prices could potentially surge to record high levels to force demand destruction very quickly," he wrote. https://www.bloomberg.com/news/articles/2018-05-25/under-pressure-from-trump-saudis-put-brakes-on-oil-price-rally

blue finish, ... just!

11.4m at 0.305p

https://www.reuters.com/article/us-rosneft-kurdistan/rosneft-boosts-clout-in-iraqi-kurdistan-with-gas-pipeline-deal-idUSKCN1IQ121?rpc=401&

... The agreement focuses on developing Kurdistan Region�s gas sector, beginning with a �detailed analysis of potential gas cooperation options,� Rosneft stated on Friday... http://www.rudaw.net/english/business/25052018

The world�s top oil trader said it will be near impossible to avoid U.S. sanctions on Iran, suggesting Donald Trump�s attack on OPEC�s third-largest producer may have a bigger impact on the global crude market than many anticipate... https://www.bloomberg.com/news/articles/2018-05-25/world-s-top-oil-trader-says-no-one-will-avoid-iran-sanctions

No

Orson posts that he never, ever makes money from his stock market investments.

https://www.bloomberg.com/news/articles/2018-05-25/saudis-and-russia-say-they-re-discussing-easing-global-oil-curbs

�45m placed overnight at a 7.4% discount to yesterday's closing price - I would say that is pretty positive for Kurdistan IOCs in general.

That's a really clear explanation, Rambo23 - thank you!

Perhaps it's Mike Ashley of Sports Direct! Just joking, but he's been known to take positions in this way, if I remember right.

When you're well under the sod, you'll have other things to worry about than UKOG.

In order to service the spread-betting requirements of a client.

You're so depressing, OrsonCart, that you are really quite entertaining!

Spreadex's position represents about 83% of the last placing of 02/05 - helps to explain why there was so little flow-back at the time.

... and also when the person does not have an exact date to communicate.

"Spread Betting is a form of derivatives trading, which means you aren�t taking ownership of the underlying asset". Beneficial ownership lies, therefore, with Spreadex. Hmmm - one wonders about the identity of its client (assuming it's a matter of one client in particular) who has taken such a proportionately large position in Alba.

Block sale of shares of at least 10% in GKP - will be interesting to see how the placing goes.

Trump's pulled out of talks with North Korea