Member Info for PlantedBHA

Has to step aside. We need a permanent CEO who isn’t a lapdog for the paymasters.

The board are accountable here for what’s going on.

I also agree with adoubleuk, there seems dark forces at work here potentially from on high who are filtering bad news into every RNS to get the sp down.

But you do make me and my truck laugh out loud.

Slift

Your calcs are b@ll@cks

Your saying 88 million v My 95 million

C’est la vie

Planted

Slift

From earlier

Let’s take $45 brent for easy countingToday 10:11
At 17000 bbls production, that’s revenue of $280 million a year from the behemoth that is Lancaster

And profit of $95 million with cost / barrel at this level of production at $28

Nope
If you look at my calcs earlier I did
Nice ty

Capex add to cash flow and you come close to my calcs earlier today
So 90 million in the kitty to add to what’s there already

The outlook for crude prices is bullish from spot over both a short and long-term horizon.

That’s according to Fitch Solutions Country Risk & Industry Research (Fitch Solutions), which made the statement in a report sent to Rigzone on Tuesday.

In the report, Fitch Solutions outlined that the company forecasts Brent to rise from an average of $44 per barrel this year to an average of $51 per barrel in 2021. Fitch Solutions highlighted that market fundamentals are positive and said it expects a sustained drawdown in crude and fuel inventories over the coming 18 to 24 months.

“Stocks are extremely bloated and the glut will take time to work off but our expectation is that demand will grow in excess supply over this year and next, even as the OPEC+ cuts are unwound and non-OPEC production declines taper and reverse,” analysts at Fitch Solutions stated in the report.

Looking further ahead, Fitch Solutions forecasts that Brent will average below $60 per barrel a year until 2024 and below $70 per barrel until 2029. The company noted, however, the balance of risk to these forecasts is “skewed to the upside”.

In summary

Sit on your shares until March 2021 when we will be going digging.
TBC in technical review

What exactly is his function on the board ?

Organised that way by you know?

Who would like the sp down to average down ?

There is a lot of fake news on here.

They’re pumping 17000 bbls a day plus

They’re earning $22 million a month

And apparently the company is worth £100 million?

Think my axle is going to give way soon with the weight of my shares

Lancaster is a behemoth producer , get used to it

Truck is loaded up and staying loaded up.

Wood , trees ; who cares

It’s crude that counts and we have plenty of it in the behemoth Lancaster field

Your not the original “swampy” are you ?

Slift

Are you a tree hugger, you strike me as the type ?

Would you Adam and Eve it, shiela pulls up in her Tesla next door to plug the bad boy in.

Quizzed her re Lancaster, although the noise of my truck drowned her out somewhat ;

Apparently sp moving news tomorrow was the crack from her.

Production up

Water stable

Lancaster pumping It’s load into the mizu at a fearsome rate

She seemed happy

Must be end of the month and ching ching time ?

Quinny29

That seems painful?

Maybe you like it ?

Slift

Your assumptions are flawed

You don’t take account of the perched water.

In any assumption make sure you take account of all eventualities, not the ones you care to promote for your own agenda.

Health a safety and no oil experience

Enough said

Guess you’ve got no experience in oil then as it seems your thought processes are flawed

Nice person laughing at someone having a bad back

Nothing I wouldn’t expect from such a knowledgeable poster

Cebo

Looks like you took that the wrong way.
I wasn’t criticising you , honest?

As for years in the industry and experience with Lancaster

I got a cigar, did you ?