Member Info for specul8

My golfing buddy owns a funeral parlour, spoke with him last night, i am based in Scotland and he was saying there is already a substantial increase in the turnover and the staff are already getting overtime.
he reckons he will do pretty well over the next few months

news just iust in
guys this is really serious

MILAN (Reuters) - Italy ordered the army to move bodies from a northern town at the centre of the coronavirus outbreak where funeral services have been overwhelmed as the government prepared to prolong emergency lockdown measures across the country.

of course funeral costs will fall DTY will do well offering BOGOF to family members

French about to choose who lives and who will be left to their own devices
PS I am in the danger zone as are many Dignity can only grow in this unprecedented time many millions already have insurance for funerals, anyway the funerals will be limited by number of attendees to help reduce the growth of this terrible virus

The French government on Tuesday put its 67 million people under lockdown, in an unprecedented act during peacetime, after an almost 20 pct rise in deaths and reported cases in just 24 hours.

Eastern France has been worst hit. Doctors are reporting 10 new critical cases a day, a shortage of equipment and masks, increasing fatigue and growing number of hospital workers also falling ill. They have said they may need to start deciding which patients to prioritise.

France in total has about 5,000 intensive care beds across the country. Out of more than 7,500 cases in France, Mulhouse has some 1,800 with the numbers increasing by 300 a day.

As the effects of the coronavirus pandemic hit the job market, the damage is likely to be much deeper and longer lasting than seemed possible even a week ago.

Marriott International, the hotel operator, said Tuesday that it would begin furloughing tens of thousands of employees worldwide. Restaurants, coffee shops, gyms and other small businesses have begun laying off workers outright. On Monday, a flood of inquiries from newly jobless New Yorkers crashed the website for the state’s unemployment insurance system.

“Everyone is afraid to hire,” said Angela Gervasi, 24, who is suddenly looking for work after being let go by her employer, a Philadelphia restaurant.

Relatively few companies outside the hospitality industry have announced significant job cuts so far, with many saying they will continue to pay employees even while they are closed.But that cushion seems unsustainable. Most small businesses do not have the financial buffer to pay workers for long if revenue dries up.

As the economic toll of the coronavirus has grown, the White House called for urgent action to speed $1 trillion into the economy,

Treasury Secretary Steven Mnuchin told senators that about $250 billion of the stimulus plan would cover the cost of sending checks to Americans to replace about two weeks of their wages. Mr. Mnuchin also said that Mr. Trump had instructed him to allow taxpayers to put off paying income taxes that are due April 15 for 90 days without penalty or interest.

Report warns of more than 500,000 deaths in the U.K.

Supply and demand dictates prices, the prices of funerals are about to explode, corona virus might only take out 1-2 % of the uk population 1-1.5 million in addition to the normal death rate then more importantly the hospitals are cancelling all non urgent operations due to the impending impact corona virus is going to have on them
note my local hospital has turned offices into wards and are asking non medical staff to assist in nursing going forward they dont even have the same protection as we saw with the chinese doctors and nurses
so expect a huge mortality rate caused by not dealing with general operations and a drop in the staff to care for us
this will cause a massive influx of deaths and naturally the price of a funeral will spiral upwards

260 million in the bank
600 million value on the sangomar
christ only knows the other assets values
1.4 billion in cash if arbitration is successful
current market cap 400 million
no brainer investing here

n the Netherlands, Q4 2019 production averaged 8,088 boe/d, an increase of 9% from the prior quarter, primarily due to the restoration of production following planned and unplanned facility downtime in Q3 2019. During the fourth quarter, we successfully drilled and completed the Weststellingwerf well (0.5 net), representing our first drilling activity in the Netherlands since 2017. We encountered three gas-bearing zones in the Vlieland, Zechstein and Rotliegend formations. The Weststellingwerf well flowed at an initial gross rate of 14.7 mmcf/d(2) and is expected to be brought on production during 2020

sono
agreed great buying opportunity unfortunately i didnt take up the great selling opportunity when it was 70p and then 50 p
assets value greater than 82 million 8-10 million current revenue
profit 6-8 million
minimal cost to bring on Platypus with massive revenue increase on completion
GPA finalising terms
yep defo great buy
gla

Vermillion to announce results ending 2019 on March 6th
Should expect an increase in gas production in the Netherlands hopefully give a decent boost to PMG

on this occasion its a covid 19 shake

looks like a tree shake

not if they run out of money which is the direction they are going

shame its to late i feel this will end up going to private investors
TOR will return shareholders sold down the river

was in the Subsea expo in Aberdeen a and the subject of Sealion came up very positive feeling about it going ahead
news imminent

from the meeting with the falkland islanders and Premier on 23rd jan for those who missed it

Falklands' oil company lays out plans for production: 85.000 bpd at peak output
Thursday, January 23rd 2020 - 19:30 UTCFull article7 comments
Eirik Raude oil rig (Pic. Premier Oil)
Eirik Raude oil rig (Pic. Premier Oil)
The oil industry’s anticipated presence in Falklands' capital Stanley area
The oil industry’s anticipated presence in Falklands' capital Stanley area
At peak oil production from the Falkland Islands offshore Sea Lion oil field, Premier Oil is hoping for 85,000 barrels of oil per day. Over 20 years they anticipate 255 million barrels of oil in a medium-case scenario.

The potential impact of the development of the Sea Lion oil sector was examined by Premier Oil on Monday in Stanley. They presented an updated Environmental Impact Statement (EIS) to members of the public, outlining their aspirations for the project and changes made to the original plans.

It was noted that there will no longer be a need for inshore transfer eliminating the Berkeley Sound Terminal. This was due to the choice of a larger Floating Production Storage and Offloading (FPSO) facility than originally planned.

Infrastructure that Stanley residents will see will comprise the TDF and Mud Plant, Drilling Base, Operations Base and Heliport facility with passenger reception and hangar at FIGAS. There will also be large transport vessels in Berkeley Sound.

In terms of socioeconomic impact, personnel onshore and in transit will, in stage one of the project, (the first 42 months) be 110 onshore and 100 in transit and then in the second part of the project (months 43 to 72) 110 onshore and 75 in transit followed by the third stage (year 6 to year 23.5) 40 onshore and 50 in transit.

It was noted that during this time there would be business opportunities locally and most accommodation would be in a new facility. Premier then led the audience through slides explaining the key findings of the EIS including the impact of light from the FPSO on bird life, underwater noise, discharges to sea, atmospheric emissions, waste, collisions with marine mammals, bio-security, nuisance/competition for resources and an oil spill strategy.

In relation to discharges at sea, these would include hydro-testing water, wellbore clean-up fluid, cooling water, subsea hydraulic fluids, food waste, drainage, and drilling muds.

Mitigations would comprise re-injection of produced water and a thermo-mechanical cuttings cleaning unit.

Relating to atmospheric emissions they referred to reduction of emissions in design. They outlined a gas disposal well, waste heat recovery, vapor recovery, flare gas recovery and third party audits.

Regarding waste Premier explained that there would be waste management controls, an incinerator at the base to minimize waste being shipped back to the UK.

To mitigate bio-security breaches it was explained there was a bio-security management p

where did you get that information
sounds like a pile of **** to me
if you state facts then back them up with evidence or dont bother posting

Investment summary
In January 2020 Rockhopper announced that, together with Premier Oil, it has signed Heads of Terms with Navitas Petroleum to farm down a 30% interest in the Sea Lion project. The deal increases confidence that project debt financing to the joint venture can be secured successfully for Sea Lion Phase 1 of development, while Rockhopper maintains a material 30% stake in Sea Lion, and Premier 40% and operatorship. Rockhopper’s share of project costs will now be covered from 1 January 2020 through to Phase 1 completion, pending sanction. Meanwhile, partner Premier has announced a series of significant North Sea M&A deals, which materially strengthen its balance sheet and further support the Sea Lion project financing discussions. The Ombrina Mare arbitration outcome is expected in the next three to six months and the company believes it has good prospects of recovering significant monetary damages. Our risked valuation currently stands at 53.7p/share.

studying the graphs then this level is where the support if this breaches 38 then low 30s are just around the corner which is shocking considering the asset value of this company, below is an email from parkmead with some facts

Thank you for your enquiry and interest in the Company.



As you will have seen from our last set of published results, Parkmead is holding discussions with a number of leading companies in relation to the GPA project. The Group is also in commercial discussions with the Scott field partnership in order to explore terms for a tie-back of the GPA hub to the Scott facilities. This is a sizeable step forward for Parkmead and one that could create considerable value. It is important to get the above discussions right and our shareholders will be updated when further material news is available.



A comprehensive update was provided in the interim results on the Netherlands gas portfolio. Plans on these licences include drilling new exploration targets, production enhancement work and development planning on proven fields. Vermilion are the operator of these assets and they therefore have a significant influence on the timing of these plans.



The Group publishes 2P reserves, as the standard measure, on a half-yearly basis. Parkmead’s net 2P reserves are 46.0 MMboe (as at 1 March 2019).

try £900 million think thats a bit closer