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There are also multiple things that can and often do happen that extend drilling campaigns past the scheduled end date.
Traditionally the market would be updated on a dry hole. Plug and abandonment ops would then be announced but who knows with this mob.
That was surely cairn India, registered in India? If Tullow do sell their entire stake then i agree the merger terms will have become very outdated. However the merged company will be nearly/completely debt free and the share price will be high.
My luck, you’re giving off the lipstick vibe and you’re making my knees knock
Word is that PFC will take over the operation of the Tullow MV21 in ghana in a joint venture with a local company. Modec are due to hand over the vessel next month
Tullow will catch up or CNE will retrace.
Genuine question, what is JOG producing daily at the moment? Cheers
From what i’ve gathered CNE shareholders don’t have a say as this is effectively an acquisition. Tullow shareholders will vote on whether it goes ahead which pretty much poo poos that line of thought there anton.
Eh?
Can you do the same calculation if jubilee production increases by 30k barrels a day as i believe it will? I gather that part of the shutdown is to install a second hose to speed up tanker offload.
Hopefully we’ll get a leg up to the 160s with the bounce this morning. This is just looking/feeling so solid now.
Someone with your alleged resources should be using their time more effectively
News on new jubilee/Mv21 producer well before kenya i think
Jubilee shutdown commenced on Friday (29th) for around 4 weeks.
Can anyone advise if the market has been updated about the success/failure of the current jubilee drilling campaign?
Thanks
This bodes well for us. Petrofac has a strong working relationship with ithaca. I suspect they’ll handle the O & M for the field and with any luck a chunk of the engineering.
https://www.energyvoice.com/oilandgas/north-sea/west-of-shetland/401642/breaking-ithaca-energy-buys-cambo-operator-siccar-point-in-1-5-billion-deal/
Sober up tony!!
Good strategy that, gives us some cred with the ecomentalists as well
I actually think this could be a blue day
What serious investor sets stop losses honestly?