RE: Suspension?19 May 2025 12:36
I received this from Herbert a few days ago re. The previous RNS
Yes, not the announcement we would have preferred, but we remain positive about the long-term potential of the field and our financial position will improve after June when our 2021 hedges which are well below market finally roll off.
We are being careful what we say about Balcombe, given the history of antagonism with the neighbours. We don’t want things to flare up again. Once we have agreed our plans at the site, we will make an announcement.