Oil pipeline in Libya has been put out of action reducing production by 100kbpd. Should push crude prices higher, although doesn't seem to be benefiting this share price yet!!!!!!
Well if a lot of the money has been spent on large salaries, hotels and flights, then I will be gunning big time to remove him, because for what this company actually does, admin costs should be very small
Are they just waiting for oil to get higher before releasing CPR to make it even more impressive. Probably running the findings through a new and improved model for field development
Doubt we will see a profit yet as he needed to raise £500k last month. With us giving him authority to invest in other sectors, he could be investing in ventures we haven't been told about, just like he kept schtum about the Mayan investment
At least it is good to see the price of oil rise, the Saudis want $80 a barrel. The tension over Syria and Russia will escalate as we get further into May. The month of May is when everything will kick off