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LC, but that ISN'T the point you are making.

Clearly you have no experience of complex contract negotiations in an unstable World where everything is changing as you look at it and the 'experts' can't agree about the future and their predictions prove inaccurate, or in some cases, completely wrong.
In that environment, you're looking to commit $millions, perhaps even $billions with complete confidence?

LR, if you're that good, you should volunteer to help Sam out, to get it all right.

"If you’d ordered some goods via email and not received ANY information"
That's an irrelevant comparison.

First, we have just received an update and regarding your online order, that doesn't involve multi-party negotiations and contract agreement about something that's changing dramatically all the time.

Very good question Hullbist, which we all want to know.
Regarding SL, I believe genuine efforts are being made to reach a workable, adequately funded solution, before it really IS too late. Most thought it was already too late, especially by the time of COP26 and the associated hullabaloo (or even Hullibistloo) about the immediate need to ditch hydrocarbons if we're to survive.
But the unanticipated increased energy demand as the World started to emerge from COVID, quickly followed by the Russian energy embargo, has put the cat amongst those pigeons. It also looks as though the 'experts' had got their energy supply/demand sums wrong before all this happened, so we now find ourselves in completely uncharted waters, with inadequate and very expensive energy supplies. Sam had already arranged to go to the FI to haggle with the FIG about all sorts of things, including decommissioning the TDF, but all this kerfuffle has made everyone have to re-think. So the deadline, extended from 31/12/21 to 31/3/22 and now to end of April makes a lot of sense, because there's a lot of additional detail to understand and agree. We've criticised RKH in the past for poor contract negotiation, so perhaps we should allow those involved to do a better job this time, which takes time. For example, UKEF funding was off the table last year, but now, there is an argument for UKEF funding, perhaps to expedite SL's implementation.

As for OM, everyone was expecting the award announcement last year, but here we are in April 2022. I agree with those who say this indicates an award, with a dissenting arbitrator (probably the one representing Italy) dragging their feet, probably in the hope that RKH will go bust, thereby putting an end to it all. That ain't going to happen, but the delay is a damned frustrating.

So things will become clear when they become clear. My guess is not too long to wait for the HBR departure / Navitas agreement, but who knows when the OM award will be announced.

Kurgybabes says: "Nothing but bad news tomorrow .more delays is the best were gonna get .. .not even a deadline from tomorrow."
Well, who's a silly boy then?

"There may or may not be an RNS tomorrow morning, but from the previous RNS, there is no absolutely need for one"

I think there IS a need for one, if RKH has committed to making an announcement in Q1 and then fails to do so. At the very least, something about the current progress and a revised date for the announcement and about what.

"It isn't going to happen"
Mirasol, you may be right that UKEF funding, or any other Government support is dead, but this week Boris addressed Parliament, saying "I think there is a role for hydrocarbons as we transition to renewables and nuclear". HE said it, not me.
Why say that in Parliament if not for a good reason? It would appear to be preparing everyone for possible Government support for some hydrocarbon activity - e.g fracking, or possibly UKEF funding.
They might have been 'murdered by their own voters' just before and after COP26, but now those same voters are suddenly having to choose between heating and eating and having to pay £100 to fill their car tanks, the rules have changed dramatically.
As well as the magnitude of the price hikes, it's the suddenness that has caught everyone (even the financial experts) by surprise.

And you're wrong about UKEF, Auson is correct.

"Navaitas as I say have been hanging around, with current and future oil prices and energy security a hot topic, developing SL should be a no brainer, they have been sat on the pot for some time"

Those involved have had all the time in the World to research every detail and either walk away, or take this to FID, sanction and then production.

HBR have already decided to walk - we all know that, but Navitas and FIG have not.
In the mean time, the demand for oil & gas has gone through the roof, just as pretty well everyone had adjusted to renewables as the only way forward.

We've already had the ominous warnings about what will happen if we don't do something about climate change, but now we're experiencing what happens if there's a World fossil fuel energy shortage.

Boris said in the Commons only this week that we're going to have to rely more on fossil fuel, at least for a while, but most appear to have missed that comment.

"so SL would last.... until Friday night............."

Correct, if SL were the only oil field in the World, supplying entire World demand.

CTS, why on earth did you do that?
Just as we were enjoying some peace & quiet.

Kurgan & Mirasol, that was not the sort of announcement I was referring to and you know it.

At least show some respect for those who died, even if you can only manage to behave like oiks with everyone else.

If there are going to be any Falklands War Anniversary-related announcements about SL/oil production, my guess is that it/they would be made a suitably respectful time after the end-of-war commemorations, so sometime in the second half of June.

Blackhole, Flakey isn't intelligent enough to be a Troll.

Falky, as you're such a gas bag, how about you just think about it and answer your own question, instead of wasting our time with all your waffle?

I'm pretty confident there's going to be a delay, but not necessarily a bad thing, other than yet another postponement.

If you think about all the goings-on in Ukraine, energy supply issues, Boris even contemplating going to Saudi Arabia to grovel to Mohammed bin Salman (of all alternatives to Putin), then there's a very strong probability that FI oil/gas is going to feature in the UK's (and the rest of the World's) sudden need for alternative oil/gas supplies.

If so, then that will have to be included in any negotiations currently going on and might even involve the resurrection of UKEF funding, perhaps to help expedite SL production.

"Mogger Thought Police. My apologies to all concerned".

Apology accepted.
Mogger is by no means our 'Thought Police' - we can think for ourselves and I agree with what he posted.

I suspect that at such a critical time, with so many investors/posters/'experts' champing at the bit, one thing that you can be sure of is that Sam doesn't just 'give a monkeys', but probably a whole troop of them, and more.

It would be a bloomin' miracle if SL could be developed "to alleviate the current energy crisis", as we need the oil and gas NOW.

Amazing - Falky posted on Wednesday: "Sold at the wrong time and have no cash to buy back....UNBELIVABLE!!"

YES, it was and is "UNBELIVABLE!!" - so what happened to the proceeds of that sale Falky? Come on, we're bursting to know the next exciting instalment of your "UNBELIVABLE" story !!

Today Falky has *Put my money where my mouth is*.

Hang on Falky, yesterday you posted: "Sold at the wrong time and have no cash to buy back".

So which is it Falky, my old mate?

You'd better keep a note of what you post, otherwise you could make yourself look silly !!