Member Info for Savv

Probably around the end of next week/ start of the following week for Egyptian Vulture if all goes to plan but hard to predict exactly.

Anyone play Battleship when they were younger? Drilling for oil reminds me of that!

Good interview. Thanks for sharing.

No problem, Icemax. At least a good reminder of the risks involved with exploration. Perhaps Black Vulture being dry bodes well for us on Egyptian Vulture. What would've been the chances of two strikes in a row?!

Anyone else think a simple name change would do wonders for this company? Tekmar. Not very sexy is it?

Black vulture (well 6507/3-14 in production licence 159) has no relevance to Longboat. Egyptian Vulture (well 6507/1-9 in production licence 939) is the one we care about. The one that the article says the West Hercules drilling rig is now moving to. Correct me if I've got that wrong.

This well has nothing to do with Longboat though, right?

The interviewer going in hard on Helge. Nice to see. I think she shares our frustrations :)

*after a fast buck

Those who are often a fast buck have certainly chosen poorly with Longboat - the board over at Kistos definitely seem to be more shrewd operators. I share much of your frustration but let's see where we are by Christmas. Hopefully our patience will be rewarded.

Thanks, Paul.

Can anyone tell me how long after spudding the quality/ potential of the well is known?

I share your frustration but my personal belief is that patience will be rewarded here.

Correct me if I'm wrong but my understanding is that the original incentive scheme remains unchanged. This new conditional award relates to the performance of one person - Nick Ingrassia.

The AGM in a couple of weeks might offer some clues...

Chanceman, the 70% relates to last week's RNS:
"Norway delivering outstanding exploration results: Norwegian success rates of almost double global rates in 2020, year-to-date in 2021 at 70%"

I see the UK has agreed a trade deal with Norway. Probably not massively relevant to the O&G industry but positive for Longboat all the same.

Well said.

Shareholder approval is required at the next AGM which is end of June I think. Presume they'll carry on as normal until then. I was hoping the May 28th deadline would be impetus for them to get something over the line but it appears not.

£20k is the max amount you can put into a stocks and shares ISA each year.