The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Ibug you are one of those freaks that glues themselves to the road or throws tomato soup over history.
They should call you the Moaner Lisa.
End of.
Re-rate re-rate
Challenge is now DEAD
The Court of Appeal's decision is final and cannot be further reviewed or appealed. Consequently, Loxley's planning permission will now remain in full force and effect for its full term.
Both the Court of Appeal and High Court orders state that an appeal would have no real prospect of success.
Now let's see if big £££ have been waiting on the sideline to put a bid in for Loxley.
The CPR says so;
· Up to £124 million net UKOG mid-case 2C post-tax net present value (at 10% discount rate).
· 31.0 billion cubic feet 2C Contingent Resources within UKOG's 100% owned PEDL234 licence
Hunt told BBC’s Today programme on Saturday: “The independent panel for climate change that we have for this country are very clear that even when we reach net zero in 2050 we will still get a significant proportion of our energy from fossil fuels, and domestic oil and gas is four times cleaner than imported oil and gas.”
Finally Hunt has realised that drilling for oil in his own constituency is cleaner than importing oil and gas from around the world.
Why would any politician support the freaks that protested at the gates of Horse Hill, the camp that followed, and the way XR/JSO have tried to ruin our country in a time that energy security is upmost priority and geopolitical tensions escalate. Woke and communism will be destroyed !
‘OIL AND GAS WILL POWER BRITAIN FOR DECADES TO COME’
Britain must kickstart a drilling race to extract the billions of barrels of oil and gas that remain offshore, says the chief executive of the North Sea Transition Authority (NSTA).
Stuart Payne is clearing the way for producers to exploit the oil and gas that still lie under the UK’s continental shelf, which he says will help maintain the country’s energy security for decades to come.
https://txtify.it/https://www.telegraph.co.uk/business/2024/01/08/oil-gas-north-sea-transition-chief-stuart-payne/
I can't see the share price dropping below < 8p with near term cash flow strong from current oil production and debt declining on each subsequent earnings report.
There is a lot of value to be realised in this share especially as the company is focusing on the future energy transition through the means of its geothermal business in Croatia, thus creating opportunity for ESG funds to buy some stock with not only clean morals at heart but incredible value compared with small energy peers.
"The company sees longer-term growth through its geothermal businesses, it is the UK conventional hydrocarbons that provide the backbone of cashflow in the nearer-term," said Canaccord."
https://txtify.it/https://www.telegraph.co.uk/business/2024/01/08/oil-gas-north-sea-transition-chief-stuart-payne/
The right time to produce Mr. CEO.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Gains-Over-3-On-Libya-OPEC-and-Middle-East-Escalation.html
They will get to the source....
With this in mind, should further testing be positive, consideration is being given to the acquisition of a small 3D seismic programme to identify a possible deeper oil pool, seepage/spill from which being the most likely primary source of both the seep and Pinarova oils.
Https://www.theguardian.com/business/2024/jan/02/oil-prices-rise-iran-houthi-red-sea-attacks-brent-crude-china
Perfect opportunity to get that oil pumping to surface in Turkey. Oil prices way up today !
Https://x.com/DeItaone/status/1742562351717528061?s=20
Uptime across the portfolio has remained strong with good results from workovers at Singleton and a rolling programme of well optimisation and stimulation that has yielded additional production equal to c. 50 boepd over this year.
Extra oil £££ in the bank
UK refinery owner extends credit facility with arm of oil firm part-owned by Russian who is under sanctions
https://www.theguardian.com/business/2024/jan/02/uk-refinery-owner-oil-stanlow-essar-litasco
The ministers would rather profit of a communist state than secure our energy. Bunch of sensitive losers.
Ministers would rather BRICS cause a crisis than secure our energy before geopolitical tensions worsen.... https://x.com/IranObserver0/status/1719367671756571089?s=20
https://www.theguardian.com/business/2023/dec/18/bp-halts-oil-and-gas-shipments-red-sea-shipping
The operation is likely to continue for approximately one month, with results expected by late January 2024, on schedule with the planned work programme.
Thus the supreme court challenge verdict sides to UKOG with this news development.
*Home grown energy*
"This move, aimed at supporting domestic producers and reducing emissions, is part of the UK’s broader strategy to address the issue of “carbon leakage.”
I'm talking of the impact that the 2027 carbon tax will have on small energy, material and feedstock companies. A positive one.
"This move, aimed at supporting domestic producers and reducing emissions, is part of the UK’s broader strategy to address the issue of “carbon leakage.”