Member Info for petesays

Good story on share page of Daily Mail today. Here's OL version: https://www.thisismoney.co.uk/money/markets/article-13719829/MARKET-REPORT-Brickmakers-stock-builds-Labour-promises-new-homes.html

Well, it's vital to the UK security, tech IP and economic interests... so bound to be bought by foreign co.

Seek note this from 31 Dec 23 results: "In September 2023, the Group was notified by Dominion that its gas supply pipeline from the Northwest Gas Pipeline system to the Green River area was operational." This suggests to me they've a ready connection to the national supply network. Thoughts?

The note also gives guidance on timing: "Zephyr now plans to ‘acidise’ the well to further remove any drilling mud emulsions from the natural fracture network and maximise its connectivity with the larger reservoir. This operation is expected to take place in early to mid- August and will be immediately followed by a second production test."

First, SGR Investments took £3m+ in shares in preference to cash in May. That along with Miton LTH strongly suggests institutional optimism. Second, for those who think today's (in my view) very positive news was understated, remember this board and the CEO in particular, are given to moderate language - expect no hype from them as to prospects. I believe they'll deliver.

Telegraph today on oil price outlook ... https://www.telegraph.co.uk/business/2024/07/19/president-trump-trades-europe-ukraine-taiwan-china... "Trump II lifts oil supply but lowers oil demand... The US Energy Department says US output will hit a record 14m barrels a day (b/d) next year as advances in seismic technology keep extending the life of fracking. Mr Trump wants America to drill until it drops. This will collide with a fall in demand caused by his own policies: the economic hit to global GDP; and the reduction in trade shipping. It will collide with overcapacity among OPEC states, no longer willing to hold back 3m b/d to prop up prices while Texas steals share. It will collide with a global glut of long-term oil projects coming on stream."

Thanks Marmalade, that's a short must-watch - 7.5min in.

Malcy's written that his target is 20p.

Everyone's keen to know Risky, but going out with that sort of statement then finding if was wrong would leave them open to allegations of market manipulation, even if they were only trying to be helpful. I'm relying on the board being as careful as previously in their updates.

Waccybaccy are you able to be more specific than saying the article is 'lame'? This board is for exchanging Q&As and useful insights. Thanks

28 please. I'm a LT holder.

What's the other one?

'kick' = unplanned rush of reservoir fluids into the wellbore during a drill.

Folks, re post below, BOP = blowout preventer. hp = high-pressure, I think.

That's total depth, folks.

Malcy has a 20p target price. https://www.malcysblog.com/2023/12/oil-price-zephyr-wentworth-challenger-and-finally/

FYI Sunday Times story on California's Attorney-General: https://www.thetimes.co.uk/article/california-goes-to-war-with-big-oil-over-climate-change-9z60h7660

But before he moves on, he has gone hunting for the biggest scalp in the corporate jungle: Big Oil. In September, Bonta filed a 135-page lawsuit against five companies — BP, Shell, ExxonMobil, ConocoPhillips and Chevron — as well as the American Petroleum Institute (API), the lobbying powerhouse funded by those companies.

Bonta reckons he has uncovered “smoking gun” evidence and that dozens of states are about to join the fight. The goal: to force the sector to fund a huge climate “abatement fund” similar to the landmark $206 billion fund agreed in 1998 in a Big Tobacco settlement.

Letter in Daily Telegraph today on the pilot who successfully extricated a British Airways Boeing 747 from the jaws of disaster in 1982... Sir, Eric Moody was my guest speaker at a meeting out of the Rotary Club of Chertsey. I recall that he felt he owed the survival of the passengers and crew to the Rolls-Royce engines. Dennis Fuller, Lightwater, Surrey

Great response thank you. I don't know where you got your volumes - doesn't look like this site and appears to be total shares, not £ value. What's 88e? Rest is very clear, thanks again

Very basic question in case anyone can help. On LSE's share trades, (1) how can total sold outnumber total bought - or is the balance held by market makers and/or WMs who hold them to trade on? Also (2) does #trades refer to actual trades or trades on, e.g. the London Stock Exchange, so ex, say, Aquis? Thanks!