The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I was ****ed off with him around a week or so ago, maybe made a mistake there. oops !!
I'm delighted for him to get the invite into Horsehill he truly deserves it.
Oh! they will sell some Stocktaker, they will only sell enough that it wont stifle any rise in the share. the opposite to what they have been doing .
I said earlier and the post disappeared .
I think YA will convert as much as possible on their next move. Maybe the whole lot.
It's obvious this is the SP low pushed down by the week ends news.
The RNS shows positive oil from HH2 , they can sit on the shares a little while as the SP rises in the next weeks.
If this is correct don't panic, They will wait it out for the rise, no need for them to continue with hammering the sp.
gla.
I imagine I could be in for a good birthday present last day of the month . :)
We could easily have a Sanderson interview coming up. That was a lot of good news yesterday. No point standing on the RNS while giving it, maybe give it in a few days or a week time.
" How would this all be effected in year two? With typical depletion rates and such."
Or you could have said
How would this all be effected in year two? With more wells in production.
Saudi need $80 barrel to balance their books. They have already started diversifying away from their dependence on oil into tourism. Well ! that's going to take a hit as well. So I don't think they will be keen to be running on a low oil price for long
Agree Mr008, except the 6p. It's all looking great but I'd put 2.5 p to 4p as a price for mid summer. We should have gone blue on this RNS regardless of the POO.
USA has $200 Billion of debt with shale extraction, it has never been profitable.
The dip in oil price is short term. Russia's Aim is to close them down and the timing couldn't be better for them.
Were not producing much at the moment, I'd imagine when we are in a couple of years the price will be way back up.
https://www.wsj.com/articles/energy-producers-new-years-resolution-pay-the-tab-for-the-shale-drilling-bonanza-11577880001
Brilliant. https://twitter.com/Adrianwfire/status/1236216226910789632
An RNS on Monday morning, one that will at last raise the SP not like most all the others we got.
It's going to be goodbye to trolls and shorters at last. GoodBye. :)
Just YA having dump.
When he took on the gas plant, he stated that it would ADD 4p to the current sp. You can't take anything he says seriously. It's NOT cos he lies. He's a ********.
Lets not forget, with dry oil from HH1 both Portland and Kimmeridge, Dry oil can be obtained from HH2 It's only a matter of how far along we can go. It may also be, it may be worth going further and accepting a little water for a lot more oil.
Either way. It's going to work out well.
Thank Crunchie its Friday, Must be what inside the Portland looks like all or better still, the Kimmeridge
Missed to 8 am bell by 10 seconds.. slipping will have to be quicker when the good news arrives
top up right on 8am bell
in this instance more likely the gold watch. so in for a 8am top up
So many of them, I predict by Easter SP 2.5p and YY with less than Ā£1/2M to convert.
Looks like water problem is fixed.
Hot oil truck used for.
Hot oil trucks areĀ used to perform a variety of services in theĀ oilĀ field operations industry. TheĀ trucks areĀ used for heating the flow of lines, production tanks, production string in the well bore, andĀ areĀ sometimes used as a steam cleaner
Ukog statement soon I'd say.
Correction. Hh2 kimmeridge 1/2 way down
It is 100% certain that there will be 1/2 a tanker a day from HH2.
There is a 99.99% chance there will be 1 tanker a day.
There is 99.91 chance there will be 1.1/2 tankers a day.
There is 99.5 that there is 2 tankers a day.
This based on the flow from HH1 flowing for months dry and at a constant 1 tanker a day.
Lets not forget this only from the Portland.
There is also the deeper kimeridge to consider also proved dry oil. It is even more likely that a horizontal of the hh2 Portland will have no water at all. The SP as it stands is all down to YA. And I wont go into what I think of their ethics. However I did read recently of a guy working in the same field as YA, but not them, earning Ā£1M A year and was caught stealing sandwiches from the works canteen. Well got to go ship has cast off and I'll likely lose signal. GLA