Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cheers
Will update be before the market opens or after does anyone know?
6.27 crude draw For what it's worth
I'm aware that TLW expect some big rises in production in the first half of this year. Does anyone know exactly what BPD they hope to achieve in the coming year? Thanks in advance
https://www.theguardian.com/news/2018/aug/30/how-the-us-fracking-boom-almost-fell-apart Another good article. Maybe he saw the writing on the wall
It's was slightly higher than Zama but not much relative to all the other projects listed on the chart
That block 7 looks like an exciting prospect. I noticed on the breakeven chart that Sealoin was on the lower end of the scale too. Exciting times for PMO once they get the debt down. Hopefully the update is the 2.4b they forecast
Anyone know what that RNS was about?
Couldn't agree more steakeater
PMO out performing BP today. Someone is very quiet since lunch Brrrrrrrrrrrrrrrrrrrrr
Anyone have any figures on what percentage of WTI most refiners need to blend with Shale oil to make it work for their inputs? A large part of the US production is now shale and I imagine alot of this goes into storage until it can be utilised. With oil imports into the US dropping is there a chance refineries could be undersupplied with conventional oil for thier ideal mix? Could the inventorys be a bit of a false indicator once the balance tips to any over supply of shale oil?
Anyone think API figures will have any effect on POO later? Me neither. What is this report that came out yesterday?, seemed out with the usual schedule of communication from the EIA
Auson, Maybe not fully priced in but a portion of it will be. What portion I cannot say
Cool Maverick, 👍
Geo, Perhaps I'm reading it wrong but this is from their update; All fields producing in line with expectations, full year oil production guidance narrowed to 87-91,000 bopd Full year free cash flow forecast to be c.$700 million, including Uganda farm-down proceeds of $200m, with net debt and gearing reducing from $3.5 billion and 2.6x to c.$2.8 billion and c.1.8x respectively by year-end Four new infill wells in Ghana expected to be on line by early 2019, increasing gross production to around 180,000 bopd
Some people attempting to compare Tullow with PMO. They are either being factitious or willfully ignorant. Tlw is about to double it's production rates next year and is smashing its debt so it's a totally different beast, as reflected in the SP. I understand the frustration, believe me, but it's time for clam analytical heads here. "We don't drop more than other oilies on a poo drop", no s*"t, we rise faster too on the other side
Hardly, Article says it's already pumping an extra 60k barrels at one field. Also However, an analyst interviewed by Reuters believes the output increase at Sinovensa is a temporary thing. “They are managing to recover so-called ‘deferred output’ which they had lost due to issues like equipment theft,” Antero Alvarado from Gas Energy Latin America, said. “But this will have a short-term impact because output will fall again and they will need to drill more wells.”
Yeah, offloaded and left on Thursday
Finally! Some sense on this board. Well said.
Question, is it possible PMO could purchase one of these North sea assets and still keep there EBITDA more or less the same considering the revenue from it would start coming in immediately?