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Probably because Hunt is tweeting about how great the windfall tax is this morning and how it’s helping people with their energy bills, so it doesn’t sound like an imminent change is being made in the budget.
I wouldn’t take it personally jocko, I guess most shareholders have learned to treat everything they read on bulletin boards with a pinch of salt until officially confirmed - once bitten and all that.
Market Trader (Garbled) also has a long history on these boards of posting nonsense so people are bound to question it even when he might end up saying something truthful. Like I said at the time I was prepared to believe the content of what he wrote but he wasn’t there so it was second hand info at best. That’s why it was treated with caution by some.
Anyway it looks like it was a positive trip and good to get some official comments, all of which sound promising. No word on an MOU yet although that may come later.
Now let’s see the latest FDP from Navitas and get funding sorted so the whole project can be considered for FID.
It’s a Ministry of Defence role. They don’t need choppers for the oil industry until they have a platform to land them on! Another few years yet….
It looks like Fin moved the market with his 750k order this morning!
Hope it will soon be in profit for him.
Does anybody know why these haven’t started yet and when they are due to start?
Who is suggesting that development might take place with “no regard or respect for the environment and law and order”.
I think most investors would have assumed, expected and wanted the complete opposite.
Good luck with it Fin. Did you sell your previous holding after the award announcement last summer?
It’s going to be a smaller initial development, and we await the details. Sam Moody has insinuated that we might get an update within a month.
Any rig that is capable of drilling development wells in the NFB is also capable of drilling exploration wells in the NFB.
They would just need a deep water rig for the SFB if they want to go back at some point.
If they do get this show on the road then I would expect almost continuous drilling in the NFB for a decade or longer.
videodawn used to say that Phipps leaked the heavy oil rumour that caused the flash crash, having been really annoyed at Pierre Jungels who answered Danny Fortson’s call about Liz and his subsequent article led to that weekend of mayhem.
No idea if it’s true or not! I was just amazed to get through to Sam Moody in the midst of it all. Pierre Jungels would always answer his mobile and speak to anybody though so it wouldn’t surprise me.
Before the oil-to-water result Offshore Hero was ringing around everyone on the Friday saying Rachel was massive and to buy as many Desire shares as possible. I remember then getting a call on the Sunday night saying the samples had been tested and it was all water. Not the best night’s sleep I’ve ever had! OH was gutted that he’d cost people money - not his fault of course.
gclark25 was a young, unassuming Scottish lad who had no oil industry experience but happened to have a friend who worked on the rig. When he was on shift he had access to all (and I do mean ALL) the information and even documentation.
Yes Builders - that flash crash made all the newspapers the following day. I actually rang the Rockhopper office in the middle of it and amazingly Sam Moody answered the phone - he said there was no reason for the fall and that he had “had no idea what the hell is going on”. So I promptly bought some more shares!
BHSLCF didn’t have his own source, he just befriended those who did, in particular gclark25. Blue Horse was keen to use the info to move the market for his own benefit whereas gclark25 was much more considerate and didn’t want to mislead anyone. I remember behind the scenes we had all sorts of email and text groups going on as well as the bulletin boards. Rumours would spread like wildfire and the less scrupulous would set off false rumours on purpose.
borgo22 may have been entertaining but his bottles of Chateau Rosthchild were as much of a fantasy as Sharon was. He still posts on LSE as BrightSpark or something along those lines - last seen spouting nonsense on the ECO board.
gclark25 had an impeccable source for some of the wells, Offshore Hero’s contact was useful at times but came unstuck on the Desire oil-to-water result when they analysed the results over the weekend!
Oil Brat was most famous for explaining to the board that if a cow is brown on one side it’s fairly safe to assume it’s also brown on the other.
It was a nuthouse at times but some great characters and a lot of fun.
I think it was Synchrouk who coined ‘omg it’s full of stars’ along with ‘meep meep’.
Fezza was ‘C’mon the Rock’
Kamakri ‘You still in?’
I wonder what all the old regulars are up to nowadays and how many are still holding.
longthebarc, Push2Gush, mastershanus, efesp, mariner74, companyman….. I could go on, there were hundreds of us back then and thousands of posts a day a day at times.
Give it a few years and we will be back to Friday night Q&As.
Yes I think you’re right LTT.
I suspect the next exploration well in the NFB will target the ‘Marlon sump’ and if successful then Isobel is as big as (probably bigger than) Sea Lion.
They’re gonna need another FPSO.
Those of you who were around at the time may remember that it was Mystic Meg who predicted at the time of the Sea Lion discovery a share price top of 540p for Rockhopper and advised selling when it got there.
She called it to the penny and I suspect many will wish they had taken her advice.
Condolences to distantvoices wherever you are nowadays.
RIP Mystic Meg, and let’s hope it can revisit 540p again one day.
Nobody has ever suggested the Navitas JV with Rockhopper is for Sea Lion alone. It’s for the license areas which include a number of other discoveries as we all know.
I might just be being hopeful but I think the fact that even Italy’s appointed arbitrator accepted the process and the decision. You’d like to think that a unanimous decision makes it even tougher for Italy, but as always I take nothing for granted with these things.
I asked Sam Moody about Italy’s grounds for annulment. He wouldn’t be drawn and said at the time they probably wouldn’t announce it (legal reasons I guess) but I think his comment was “Italy have thrown a lot of mud to hope some of it sticks”.
So it sounded like they’d gone after more than one of those grounds, my guess would be b & possibly d.