Member Info for theshipscook1

But we dont want a dry hole.

I think the drill timescale is correct if no gas, up to 174 days if a discovery. Also, I think that article is showing pretax profit before even windfall taxes are removed.

I think it's possible this will be a bit leaky news-wise and a rise will come in anticipation of drill results.

Huge.. Benriach could be a total game changer. Lots of potential gas. We will find out in a few weeks once the drill is complete.

No. You are correct.

Unfortunately not. Govt just went silent and basically conceded that they want to use UKs energy security as a political scoring point.

And zero chance for the Govt to put a floor price in after their wreck-less decision. That would look poor politically and cause uproar amongst the baying masses

Maybe we will find out what AA has planned soon. Results soon. Sits on cash = another deal. Buybacks and/or dividend = no imminent deal. (Maybe over simplifying a bit, as there could be a mix and match I suppose).

At the current gas prices there is no Dutch windfall tax. Price is below the threshold.

tomorrow I would imagine

well, some may want a deal.

Agree. Kistos is sat quietly making itself too easy a target at this price. AA's holding won't stop a bid lower than recent highs from having a fair chance

his arms.

good comms, when suits. Terrible the moment.

not at all. Company is still a money making machine, just got tripped up. Ready for round 2 now. It's going to get very interesting, very quickly.

one word from AA, and this will move so fast you eyes will bleed

Pending any drilling disaster, this is it folks. Last chance at these prices

And lots of sells to facilitate this without any issues. Going to be some regret from people either missing this opportunity, or taking it as a time to sell.

isnt it! Outstanding entry point here.

Im not sure the the UK governments taxation dismantling of the north sea oil and gas industry was on AA's radar.