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i am sure we get 40 million when the drill starts

in discussion with oil majors and service companies, Ineos looking to develop gas fields in the North sea could be a good tie up with PMG Onesubsea FMC AKER looking to offer services for a percentage of the oilfield over the life of the field lots of negotiating will be going on over the next few months i guess this spiked at �3.90 a share back in 2012, i see a return to around �2.20 per share on news of a tie up and �4 on production of the gas field fill yer boots i reckon this is gonna shoot north on news

pmg down

Hey Guys if your invested here then wise decision, the final detail of the FPSO and the subsea structures are imminent the detail of the finance is also imminent when this is released into the market then we will see at least a �1 a share gla

Shares in Ophir Energy (LON:OPHR) were up for a second day as one leading City broker lauded its plans to set up a joint operating company to develop a gas block off Equatorial Guinea. It has signed a deal with OneLNG, a joint venture between Golar LNG and the field services giant Schlumberger, to develop the Fortuna project. Ophir will have keep just over a third, while its partners will have the remainder. First gas is expected in early 2020 and is forecast to generate US$560mln in cash flow a year. The investment required is put at US$2bn, with two-thirds set to be debt financed. Barclays Capital in a note said Ophir is its top pick in the sector. The shares would have to advance 58% to hit the broker�s price target of 125p. The stock was up 1% at 79% and has advanced 17% this week. �We view the initial share price reaction as warranted, but believe there is scope for further share price outperformance as more details of the joint operating company are disclosed and Fortuna moves from being an innovative concept to becoming a sanctioned and funded development during the first half of 2017,� Barclays said in a note to clients.

Staoil has thrown its weight behind the search for oil off the coast of Scotland, buying a $27 million option on a prospect about to be drilled The Norwegian energy group has bought the right to acquire a 35 per cent stake in the Sand North and South prospect, 137 miles off the southwest coast of Scotland, once it sees the results of an exploratory well. Parkmead, which claims that the prospect could contain up to 400 million barrels of oil, is preparing to start drilling the well in waters 1.4 miles deep at the end of this month. Perth Dolphin Lowlander (PDL) project is one of the largest undeveloped oil projects in the North Sea. Parkmead�s working interest in the Perth field came through the acquisition of DEO Petroleum plc in 2012. During 2014, a joint development study of the Perth and Lowlander fields indicated that a joint project of the two fields could significantly increase the value of the Perth project. A Heads of Agreement was then signed to enable the future joint development of all three fields, including Dolphin. Anticipation of the next news flow from Parkmead this would see �2/share

parkmead going in opposite direction either tom trying to take this private at a low cost or the share price will rocket up gas prices increased over the past few months share price opposite direction share holders are been taken for a ride here TC needs to reassure the shareholders of the plans for the company we are all part of this investment not just personal venture for TC and if it works out then great if not to bad I want this to succeed as much as any other shareholder some detailed plans with the time line would be a step forward

i am not having a go at you, i am venting my frustration with the lack of support shown towards the share price the decline since 2012 as you are aware phenomenal i have emailed the company and given a positive response however as a PLC the directors should be enticing investors rather than giving the perception of the silent treatment perhaps a list of the assets and a timeline on their website or even a presentation with timeline and flow diagram take the occasional interview from oil and gas magazines instead of letting investors guess i also was looking on this board for decent feedback

there are other activities that you know the company is looking at ??? please enlighten the share holders or is your name Tom Cross and just keep the information to yourself

Ryan Stroulger <Ryan.Stroulger@parkmeadgroup.com>; enquiries mail <enquiries@parkmeadgroup.com> then the more chance of getting some action to work on raising the share price unless of course you believe this will become another Dana in the next few years, at this rate more like excite which went bust

how many times do you say a re rate to 50p the management should be taken to task for the lack of communication, lack of forward actions, while all the investors are watching their valuation erode in front of them the directors are still taking their salary no dividends no share price increase in fact daily and weekly lows being tested every month tom could put an offer on the table for 45p to take the company private and re float in a few years when the oil price is recovered somewhat more

£84 million in assets and the company valued at £36million either this is totally ripe for a takeover or TC is working with the MMs to take this private

Statoil has started drilling at well 20/05b-13 on its P.2170 licence and Blocks 20/5b & 21/1d at the Verbier prospect in the UK North Sea. Parkmead notes the high-impact exploration plans which are occurring close to the Parkmead operated Polecat and Marten oil fields in the UK Central North Sea. Statoil has recently farmed into a licence covering Blocks 20/5b & 21/1d, approximately 12km east of Polecat and Marten. It has been announced that Statoil is currently undertaking a tender process for the hiring of a drilling rig, expected to be awarded in the near future, in respect of a planned exploration well to be drilled targeting the Verbier prospect this summer. Verbier lies in the same play fairway as Polecat and Marten, and shares many similarities with these fields. In light of the findings of the Wood Review and the Maximising Economic Recovery (MER) strategy for the UK North Sea, a discovery at Verbier could have the potential to considerably increase the value of nearby oil and gas assets already owned by Parkmead.

check the rice of this i am showing 30p

SNH will have a steady flow of money coming in from the export of the LNG which i am sure will speed the process up on the decision for FID etinde the gas already has buyers and the cameroon gov will enjoy the revenue, i have no doubt they will want lots more revenue when etinde comes on board Cameroon to begin exporting LNG using a newly designed offshore plant http://www.cameroonintelligencereport.com/cameroon-to-begin-exporting-lng-using-a-newly-designed-offshore-plant/

ryan.strougler@parkmead.com enquiries@parkmead.com

in the email i have asked why the lack of PR fir example why tom cross will not accept an interview by Malcy

I have emailed the company to question them on what they are doing to support the share price personally i do not expect a response however if nothing comes back i will contact them by phone Oil price rising then this should be too

i wouldn't be surprised if Tom takes this private the refloats when oil is much higher tom could take this private for 50p a share and re float in a few years £2.50 a share easily

faroe petroelum should buy this or offer a share deal on it, that way we know that the assets would be realised 55p offer would do nicely gla