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Stumpy.....Well done with the 227, My large (to me) re-entry at 230 happy with that for now.
Bloody hell...just ticked up.
So since the report below:- We have actually found double the amount of gas and added the bonus of oil, also a change in attitude towards energy security (Rosebank green light) yet were are sitting at market capital of £24.5 mill.Oh and gas at £1.04 a therm not .80p
"The Shell-operated Pensacola well (Deltic WI: 30%) in the Southern North Sea is fully-funded and due to spud in October 2022 using the Maersk Resilient rig. The Company estimates that Pensacola has a gross P50 prospective resource of 309 BCF
with a geological change of success ("GCoS") of 55% and an unrisked post tax project net present value ("NPV") of $553 million gross ($166 million net to Deltic), calculated based on a gas price of 80 pence per therm."
21/09/2023, 7:00 am
https://www.energyvoice.com/oilandgas/north-sea/exploration-production/535063/harbour-energy-completes-drilling-at-tolmount-east-site/
2 sells ? yesterday 5,432,000 10.48am and 10.53am in my view a very large amount of shares. Would like to know what's going on, especially with the shorts at 4.1% and the position of Taconic Capital Advisors UK LLP since Aug.
Also the < 80,000,00 changing hands during the week.
Does anyone have insight of the vast amount of sells going through even thought the sp is rising ? today and yesterday.
tia
Https://www.msn.com/en-us/money/markets/the-u-k-s-windfall-tax-downfall/ar-AA1fJWD2
Https://www.thisismoney.co.uk/money/markets/article-12423961/Treasury-woos-bankers-drum-support-oil-gas-projects.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.67149585.1075049013.1691477224-1017511169.1691477224&_gl=1*1fvcop2*_ga*MTAxNzUxMTE2OS4xNjkxNDc3MjI0*_ga_XE0XLFFF16*MTY5MjUxMDc5Mi4xNjAuMS4xNjkyNTExNzUyLjAuMC4w
Https://www.thisismoney.co.uk/money/investing/article-12373541/SMALL-CAP-MOVERS-North-Sea-oil-gas-shares-soar-government-announces-new-licensing-proposals.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.159100414.550123935.1690609865-888604886.1690609865&_gl=1*3j85ir*_ga_XE0XLFFF16*MTY5MTQ2NjQ4Ni44OC4xLjE2OTE0NzEwMTAuMC4wLjA.