Member Info for Ribeye

Have you seen the price of GAS go? Holy cow - it's up 30%+ this month!

I wonder if PMO are forward selling any of the Tolmount gas? I suspect the gas price section of the trading update is being rewritten. The Catcher Gas Export might be interesting when quantified.

..........ALGOs are in control.

Could be Rotterdam or anywhere, Liverpool or Rome.

Where's all the volume gone?

Bizarre.

Perhaps the algos have gone elsewhere?

What is PMO's 'cost per barrel produced' again?

$77.64 now DBNO....

Yet to achieve the 'even a stopped clock is right twice a day' level.....

"76.38? at the days high now i thinks."

Care to guess again?

Hit me baby one more time!

Daily RSI is at lowest since Jan 2016 when Brent was sub $40. Catcher on stream and flowing (Cash flow is King), Brent at $76 and trading update due in under a month.<br /><br />Just not seeing the the fundamental for the current price - shorters have dropped their pants here.<br />

Trump will tweet something today that will make the markets bounce........probably

There's lots of speculation, but there seems to be little discussion/available detail on hedging, and its effect of cash flow generation.

This is the key for me - how great a proportion of the daily production is being sold at prevailing spot rates of POO and how much is hedged from previous deals.

I presume they couldn't hedge ALL of catcher because the production rates we seem to be seeing are 'best case scenario' so a lot of that is presumably sold at spot.

I'll be interesting to see if they's renegotiated any hedging recently and at what price. The lenders are demaning a certain proportion of income backed by hedging are they not?

Does a wider MTS tunnel meant that there's an option to exceed 20mtpa in the future if there's demand?

Hey Guys! See you at the POO party yeah?<br /><br />For sure! By there or be schquare!

Dogquest? It that your favourite dogging website?

...but this boards here, ii and ADVFN are just like tumble weed. Been quietly rising for a longs time now.

Should say 'when development is approved sorry'

Wressle has a suspended producer well. Well development is approved, then there is the option of instant revenue anyway. Should cover most ongoing costs without dipping into the cash pile too much?

Sounds like someone blinked too early and is now worried that those that didn't blink first might lose less money.

You can add another 103,000 shares to the 'up yours PJ' list on my behalf.