Member Info for Thenorseman

Look at the CET chart (link below) you can see that the temperature has been increasing steadily since the 1690s long before any increase in CO2 caused by humans!

The Central England Temperature (CET) series is the longest-running instrumental temperature series in the world. By collating and combining early instrumental records, the series charts monthly temperature statistics from 1659. The series is representative of a region enclosed by Lancashire, London and Bristol

https://www.metoffice.gov.uk/research/climate/maps-and-data/cet-series

NN I fully agree. Problem is there are too many consultants, researchers, etc feeding on this (so called) climate crisis that it will probably be a few years until it is clear for everyone they were wrong.

https://co2coalition.org/wp-content/uploads/2021/09/108-Moberg-temp-1.jpg

Lsetown reading again properly I think you are right.

N

“The Chevron spokesperson confirmed it planned to drill an exploration well in the block in the fourth quarter of this year.“

https://www.reuters.com/business/energy/namibias-namcor-signs-deal-with-chevron-develop-offshore-block-2024-04-29/

Lsetown

Worked wonders thank you.

No offence meant Charlie. I wouldn’t normally filter anyone but recently the board is so clogged up with your posts and I find it difficult to read.

N

Does anyone know how I can put Charlie on ignore? Do I have to be another type of account?

N

…did you expect J Asher to have worked for free all these years? Cannot see him or his company Pegasus being overpaid in any way.

Aimho

N

Sorry somehow 14 became 24…

24k bopd restriced!

Loads of rigs available going forward!

https://www.upstreamonline.com/field-development/on-tenterhooks-saudi-aramco-could-suspend-more-offshore-drilling-rig-deals/2-1-1622658

ChessM

«Ithaca Energy = Production 700,000

Market Cap 1.25B «

I think Itachas production for 2023 avreager 71000 barrrls per day so I think you got a zero extra :)

Best regards

N

Https://www.reddit.com/r/RealDayTrading/comments/r7l2by/the_definitive_guide_to_stock_forum_trolls/

That is near £20 million increase in market cap for those 70 barrels!

50% on 70 barrels per day ;)

Https://www.upstreamonline.com/exploration/alaska-oil-test-triggers-near-50-increase-in-companys-stock-price/2-1-1619284

“Meanwhile, Rystad forecasts that front-month Brent futures prices will average $86 per barrel this year, showing a recovery from $81 per barrel in the first quarter of 2024 to $86 per barrel in the second quarter, bolstered by the extension of the Opec+ group’s voluntary production cuts.

Oil prices are forecast to climb further to $88 per barrel in the third quarter of 2024 and eventually reach $90 per barrel in the fourth quarter, Rystad said.”

https://www.upstreamonline.com/exploration/deep-drive-39-more-deepwater-wells-forecast-in-2024-drilling-surge/2-1-1618489

“Meanwhile, Rystad forecasts that front-month Brent futures prices will average $86 per barrel this year, showing a recovery from $81 per barrel in the first quarter of 2024 to $86 per barrel in the second quarter, bolstered by the extension of the Opec+ group’s voluntary production cuts.

Oil prices are forecast to climb further to $88 per barrel in the third quarter of 2024 and eventually reach $90 per barrel in the fourth quarter, Rystad said.”

https://www.upstreamonline.com/exploration/deep-drive-39-more-deepwater-wells-forecast-in-2024-drilling-surge/2-1-1618489

Looks like they felt they had to RNS the current status of testing yesterday so that they could talk about this in the half year report issued today (report should not contain any new information only a summary of what is known already is what I understand).

N

“Following completion of the TO-14 well, Sonangol moved directly to testing, before encountering a series of weather and logistical delays that slowed progress early in the year. Now, at the time of writing, formal flow testing has begun, and while engineering challenges have been encountered and have been frustrating, we remain positive, knowing we have encountered oil in the well and don't yet know its ultimate commercial prospectivity. While success is never assured in oil and gas, we look forward to continued progress on TO-14 leading to definitive results and then to the operator proceeding to test the previously drilled TO-13 well.”

——

Remain positive !

Https://www.upstreamonline.com/exploration/totalenergies-wildcat-plan-for-south-africa-heads-to-court/2-1-1618312