Member Info for pauldrayton

Just found it:

https://www.londonstockexchange.com/information-sheet/jub-capital-management-llp/2020/44

Interesting Mozza. Have you got a link to that news by any chance?

Thanks

Not the best start this morning - a chunky seller about.

So Edison want to sell their stake in Nova and Dvalin and Shell want to sell their stake in Kvitebjorn. Are LBE focusing mainly on gas at the moment?

On Twitter:

Really constructive meeting between UK Overseas Territories and @foreignoffice ministers @morton_wendy and @liz_sugg, discussing #COVID19 #Trade #Travel #Brexit and so much more. @UKOTAssociation @FalklandsGov @GHFalklands #Falklands

Wonder if Sea Lion was on the agenda?

Thanks for the update - enjoy the weekend. All the best, and with only a couple of weeks left this month, it's exciting times. I'm hoping the BoD do extremely well out of their incentive scheme!

Well the volume here has almost totally dried up over the past couple of days. Do you think the deals have stalled daveri007, or is everyone now comfortable with their positions?!

So we know both Edison & Shell are looking to offload Norwegian North Sea assets. Anything else that Longboat might be interested in at the moment?

IG seems to work all the time for me Chanceman. Not sure why you’re struggling with them but I could see from your screenshot it wasn’t letting you trade.

Gone very quiet today so far!

londoner I was unable to dial into the call so I have emailed to ask. Will post back if they reply.

Tony I haven’t looked at the figures closely but I think they have flexibility in terms of production and how many wells are online. The more marginal or loss-making wells at lower oil prices can be swiftly turned off and then brought back online when the oil price is higher.

Guessing that it’s Blackrock still selling their entire holding. Frustrating but today should have helped clear a fair few.

Is that all?

Looks like Zama could finally be sorted by Q4, with a sale thereafter. Would be helpful if oil prices could rise in the meantime!

As previously announced, at the end of the first quarter, Premier took the decision to suspend the operated Sea Lion Phase 1 project in the Falkland Islands until the macroeconomic outlook improves. In the meantime, a small core team is progressing the commercial and regulatory work streams, including the farm out to Navitas for a 30 per cent interest in the Sea Lion licences. Premier, Rockhopper and Navitas are finalising the farm out documentation, and discussions have commenced with the Falkland Islands Government to obtain approval for Navitas's entry onto the Sea Lion licences.

It will be 7am.

Sorry, you’re absolutely right daveri, that is what I meant! Got carried away with my zeros - they don’t own half the company! Peanuts as you say.

They’ve sold 600k of their 4.5m shares. Probably taken a 25% profit on them and it’s not unusual for institutions to do that. Whether they will keep selling the rest remains to be seen.

Hahaha! Not a chance of that happening!