Member Info for Smut

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2 quid?!!!!! Pfft, you guys an gals really do need to think long term! 2 quid will be just a drop in the ocean!

NGLNMc1 74.87 (uk natural gas)

Thanks bulent, but my target is still a few years off, i'll still stand by my original plan back in 2016 of £4 by 2020. The only thing that will make me re-evaluate as far exiting is concerned will be developments on the sealion and zama front. Zama was a curve ball for me.

Hi gg, i fully appreciate ur view, and i too had that stance but the what if's are plaguing me atm, iog did say skipper would be viable at higher poo. Im already loaded up, since 8p. Avg now closer to 12. Been buckled in a while although it is now tighter largely due to weight gain from sitting patiently! Lol. I think its still prudent to keep all options on the table as MR & co have shown.

Unlucky bulent, still have all mine from 26 not sold any only aquired more at 47 and 90 as the case strengthened along the way avg now 63. 'This time next year rodder's' is almost a reality! Yes it was tradeable but increased risk of reducing future gains is the stance i took.

Has anyone comtemplated the possibility of skipper production as contribution to part of funding package? When skipper was shelved poo was at $36 and would be viable at a higher poo........... like to dream! Would certainly change the scenario with regards to funding!

On the flipside of comparison, we now have rpt thats had 100% rise in the last month, triple our share count and sitting at same sp yet only producing 2kbpdoe, so in basic theory if we produce 2k we should have a sp of 90p lol. How disjointed things are aye! 😆

Hi 600t, id be interested to hear ur view on comparison of iog and nog 😉. As a forward looking lth, their share count is where i expect iog will likely be upon production. Their avg production is 32k and we are targeting 35k, they are ftse listed and MR mentioned many moons ago of the same for iog. They also benefit from 3rd party revenues as well as production from the north sea. They have a handle on debt as we will too! Just a thought!.

Comme ci comme ca

I thunk they will stave off any bids until they are well into production by a few years! Perfect timing for o & g cycle. Lets face it, it has taken them 6 years to get to this point, so im sure they will want to maximise all value and timing! Atb smut

Personally, i think a fund raise in some form or another is inevitable. However, i do believe this will be minimal and not for some time yet! MR and co, have been very shrewd and astute thus far. Being that they convert salaries to share holding suggests to me that they are heavily aligned. There is also the posibility that the only dilution in the end will be their salaries? Im not concearned about this in the slightest! Atb smut

Ros1. Treat yourself to a bang & olufsen setup! 😉

Forgive my memory, but during the days of refinancing talk a year ago, were'nt we supposed to be paying down debt at $50 and once catcher was online and pumping that was to reduce to below $40 haven taken into account h1 being front loaded etc. So whats happened since for that figure to now be 60-70 or 'current oil price'??

Im surprised he doesn't have piles on his lips!

Personally, i think a fund raise in some form or another is inevitable. However, i do believe this will be minimal and not for some time yet! MR and co, have been very shrewd and astute thus far. Being that they convert salaries to share holding suggests to me that they are heavily aligned. There is also the posibility that the only dilution in the end will be their salaries? Im not concearned about this in the slightest! Atb smut

Dont know if this worries me looking at her past! As i want iog to go the distance longterm. Particularly her past as rkh then fogl!!. Thoughts welcome?

I think there is something going on at blyth, currently staying in hotel in yarmouth and a couple workmen guests work on deepsea and submersibles and they are waiting for their ship to return from blythe to pick them up. They wouldnt tell me what it was doing there! Any ideas? Atb smut.

Geo mine stopped working friday night! And i only have 3 on filter! And yes im logged in! Atb smut

I quite agree madasahat. I too have been here from 8p and added along the way, for my nest egg! With view to still be here for the life of this oil cycle collecting nice divs along the way! Wouldnt just pee me off.............. id become the mad hatter! Lol