Member Info for philjayjones

Give it a rest with the whole anti BP thing, it long ago became incredibly boring.

Drill crews don’t get “nobbled”, again this is not 80’s American TV drama! They will have company reps on board, this is normal practice across the industry.

In a very simple world they could but for one word….. capitalism. Oil and gas is sold on the global market, I dare say a government could secure oil and gas supplies at a price they are happy with in an area they control but I think that might be the opposite of capitalism and it’s an ideology that’s not too popular at present.

“Idiotic fantasist keyboard warrior makes up story in his own head then demands company and government answer themselves with regard it.”

I am absolutely wasting my time here but you do not have to wonder what is going on, you and everybody else have had it explained. I piece of equipment has failed resulting in Rhum being inoperable, it hasn’t been shutdown out of choice. They have a replacement but given the task of replacing it will take place in the seabed, it will take a period of time to do so.

Equipment fails, there is nothing else to see here, now give it a rest you absolute idiot.

The idiocy within your posts never cease to amaze

Of course it’s nothing sinister you absolute crank.

How long do you think any drilling company would stay in business if they intentionally allowed drills to overrun in order to charge more?

What are you worried about? Surely won’t bother you with your single share?…….

“What a joke 14 Jan 2022 01:11
I'm still holding onto my one share in order to go to the AGM. Just to meet their rough necks and spivs”

I don’t particularly have any inside information, but given the manner in which the licenses were awarded, its proximity to adjacent fields and infrastructure and that companies have been putting holes into the UKCS for over 50 years, I’d be amazed if there wasn’t existing data on Eigg.

Obviously the reason for looking for partners is to make the process cheaper and/or spread the financial risk, this though is quite clearly at the expense of returns if the drill is successful.

Have you considered that the BoD may have more information than us and that partners might not be required, say if the blocks which contain Eigg had been drilled before?

“Fickle investors”???

You do make me laugh

Should have read that back first :-)

****ging folk others for posting considered, legible comments during the day, while you post your endless stream of absolute guff at all hours of the day!? I know what I’d rather.

What an absolute helmet you are.

Very true Roth however there were a lot more unknowns back then, indeed it looked like the world was going to shutdown indefinitely, thankfully not the case.

I concede that it is worth being mindful but I can’t see things being as bad with regard covid and world markets as when it first kicked off.

1. “Wow, my Serica shares are down 6%, that’s annoying and weird.
2. Check other holdings ….. “ Hmmm something is odd, all of my similar holdings have done the same thing?”
3. Look at the first few stories on the Daily Mail (as trashy as it may be). “ Ahhh there we go, nothing I can do about that, best get on with my day”

When things like this happen don’t jut look at your favourite share with tears in your eyes, do 20 seconds of research would be my advice.
This isn’t aimed at anybody, it has been a common theme when it has happened in the past, it’s happened numerous times before and guess what ……. It’ll happen numerous times agin.

Enjoy your day folks

In your opinion.

I never considered them a good fit, completely different strategy, considerable dept and huge decommissioning liabilities in the form of the brae platforms.

For what it's worth I agree with you at this point, but you can't deride a group of individuals when you wanted something similar not so long ago. You don't get to decide what terms those investors find acceptable for a merger/takeover to happen. You had your terms previously and insistently expected that opinion to be acceptable to others. Now you can't accept (though disagree) with other people's and as a result hope they are replaced as investors? There's a name for that where I come from.

Something that you constantly cried for not so long ago!!?? Rockrose anybody?

Based on what?

GRG still selling down, Covid-19 global recovery stalling, how the Oil & Gas industry is being seen and that we are still in the summer period where shares drift seem more sensible reasons for the SP performance.

Looking across the wider industry share prices they all seem to be pretty much doing the same thing.

Ive spent plenty of time in those offices, you are alluding to possible links with info that's a little out of date is all. Marathon and Chevron are no longer there and not so sure ConocoPhillips will have much of a presence there post covid restrictions, what with no longer operating from Aberdeen.
Hill of rubislaw isn't the complex it once was really, it used to be on the outskirts of town but has long been swallowed up by Aberdeen, Anderson drive that it sits on was the original bypass. There are better accessed and appointed office locations these days that are proving much more popular.

Not that any of this really matters to be honest :-D.

Looking forward to seeing an RNS this week with a bit of luck, hopefully there has been sufficient time to test and commission the systems and start flowing. They may wait for flow rates to be fully established before reporting though, I have experience of first oil being reported a week after it actually occurred in the past.