Member Info for Rollo_Tomazzi

I see the BS is now also on the PANR board and some posters there are tiring of the content.

Yes, some positive references to the JOG team and in particular Les Thomas. Also interesting comments on the timeline. Thanks

JS - Given that it was probably sells by yourself which caused today's earlier dip in the JOG share price before it recovered to the opening position then your comments hardly represent a balanced view.

CUPHALFULL - JOGs interim results and STs article would have been too late for the print deadlines of last weeks IC hard copy. May be included this week.

No not yet, but based upon recent years this is the 22nd September or later in the month, so we should be seeing something either the end of next week or the following week. Hopefully, an opportunity for some positive news.

Historically I was under the impression that AB was set on the former option but I’m no longer so certain of this. Presumably it would be determined by the value of any sell out option. Can’t see the team selling cheaply after all this time.

Once again Buys outnumber Sells, currently 2:1 and yet the price falls back. Nothing new but frustrating.

The Enquest Producer was “last weeks” favourite. Western Isles now appears to the current favourite FPSO and bearing in mind that NEO already owned 23% seems to make sense.

Yes, mainly small trades though the 25k unknown which took a while to go through was a buy. With the sea of blue I can't imagine stocks are high.

I've been trying to understand the pattern of trades recently. Quite a number of the "so called" sells are actually buys. Todays examples include the two 1,700 transactions around 11:00 which were buys as around the same time I was "executing" dummy sales and buys and discovered the difference between the two was marginal. Similarly the "unidentified" 25k was probably a buy and there were numerous incorrect classifications last week. In conclusion the volume of trades is low and the adjusted net difference between buys and sells is very small which doesn't support or justify the falling share price. MM's are presumably reducing the price to continue to generate trades/business. Very frustrating.

I’d read that Keir was spending part of the summer talking to O&G execs re North Sea. Wouldn’t be surprised to see change of Labour policy on future NS developments.

The asterisks should read research-tree.com

this should be the correct link:

https://*********************/media/audio-note-jersey-oil-and-gas-gba-project-value-and-context-12-07-2023

Zeus have this morning issued an audio note on JOG. Certainly making an effort to promote JOG.

Yes. Thanks, very helpful.

Hi Dive Centre, I've seen mention of the EnQuest Producer FPSO as a candidate. Is that a better fit for the criteria you referenced?

Runs to over 30 pages this time. Appears to be a more detailed version of the one issued earlier this week. Valuations remain the same - Core NAV 408 Total Risked NAV 702 Total Unrisked NAV 950

There's an article in today's Sunday Times - "Keir Starmer in retreat from North Sea oil pledge". Apparently Equinor have been "given the nod" on Rosebank and Keir has spoken to a number of companies ahead of the launch of his party’s 2030 clean power mission in Edinburgh tomorrow.

Apparently Keir Starmer's "Green Mission" speeech is planned for next week. Presumably this is the one previously referenced to as taking place in Aberdeen? Does anyone have any more precise details on date etc?

Abatt1 - The calculation is based upon the average price of Brent Crude in a quarter. Needs to be below $71.41 in two consecutive quarters for floor to apply. Historically it was below this level through 2019 (briefly went above in 2019 but probably not enough to distort quarterly average) to first half of 2021. However Office for Budget Responsibility do not think the floor will be triggered through till current end date of Windfall tax in 2028. As per Jim333's comment it will act as a "safety" measure for oil companies should prices fall significantly and assist as a reassurance in financing.