RE: Current state of play27 Jan 2021 10:06
Greta Twatface - had to read that twice :)
In valuing assets - we should always have a value on the location of these assets.
I would think North Sea oil - as an investment should stand at a fair premium to assets elsewhere in the world. Surely there is much less political risk in the North Sea than say the middle East, West africa or post US elections - N.America.
I would think the oil price will be nearer $80 in 12-18months than $50 today.
Confirmed assets in a secure location in a world of political turbulence and very probably a prospect of money being printed on a level not seen since Mugabe got carried away.......these assets for JOG must surely be a safe haven.
Greta Twatface - love it.