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This thing hosted on the BBCbon a radio program in the past. Dyor

Is that not contractive. Long live north sea and prosecution for milliband and it's cronies. Inmv.

Fwiw. UK gilts rebounded sharply today after h..not the c...nt leak. So the markets like n sea tax grab even further to fund tax breaks. Minute Britain were getting there .inmv dyor etc

I think this shows how they are inept. The obr has stated that any tax cuts needs to balance. I e what happened to truss. So the easiest way for them is to tax what's left of Serica,harbour enquest be and the rest. After all I'm sure the big players will come to the rescue of UK needs in day six or seven years time.

In summary we are a basket case of a country inmv,dyor etc

And once again as me and others may have posted. The industry needs to unite and stop all n sea production. Either by health and safety on rigs ,bits falling of etc,but better still moth ball all oil fields and then bill the exchequer for tax refunds

This is excellent news inmo. Just the start of many collaborations. It's just a matter of time until someone farms into the company with a substantial cash injection inmv

Inmv it is mostly down to the collapse in uk bond prices. Once interest rates start to fall and the budget is out of the way then inmv this will rise. However if Hu,,nt comes up with a budget that cannot be funded then we could be dragged down further. Lets hope that he is a true concervative and not a lib dem in disguise. inmho,dyor

Maybe option 5

We hold on and make about twenty percent per annun about eighty milion after workovers of two hundred milion. With a dividend of say ten pence.

Not sure where the share will be though.

Off topic. HMG has just subsidised a electric car factory to the tune of five hundred million. I wonder where that funding is going to come from. Maybe an increase in epl????

Inmv any rally will attract further sellers or Like wise any fall to 150 or below will make this a buy. If you are prepared to hold for a while. Either way I will either reduce further or add back fwiw.

Maybe someone could answer this. If incentives are removed would we still be able to write any investment off against tax. The way I see we should still be able to retain twenty percent after capital expenditure. So at today's prices we would be about eighty million in profit on 50 thsnd bod.Even with no incentives and two hundred million investments.The dividend may be cut though

My post is to add some more to DennisThepennis and surprised ideas re educating people and politicians.

Maybe the industry could start by doing lectures at Colleges and universities. As this would at least educate young voters. They could also fund a documentary or two for National television together with greater press coverage. Also is there any reason as to why they could not simply do a type of party political broadcast on main stream television.

I just wish all north sea players would stick together. Inmv they should mothball everything until these idiots realise that they will have no tax revenue until they see sense. As for milliband and it's cronies. Well look what happened when he became labour leader in the past.Maybe he is hoping to run again in the future .

Alas we will soon be importing even more from overseas thanks to the idiot politicians .While in the process not selling much of our own home grown .inmho dyor

Maybe UK hmg are all secret c...my agents. The new hmg could even add I...Lynn agents. Minute Britain were getting. Who knows we may even produce a new car on the back of all this and export it somewhere. Not sure where,but you just don't know.

Better still let's start a new strain of c......v.d

Labours manifesto states they will increase EPL in line with Norway. They will also remove investment allowance. So unless we can complete workovers by the summer then it will be pointless inmv. The industry estimates forty six thousand job losses together with twenty six billion lost during the next few years.

The only glimmer of hope is conservatives are elected and remove EPL inmo

Seems were in the same boat chinch,but I'm still holding a few awaiting some kind of bounce. Having said that it could once again be a interesting buy ,but alas not at this level inmv, dyor

Unfortunately we do not fit into any category. We are neither a biotech,pharma, diagnostic or healthcare company.I think that explains the lack of investors here.

Maybe they should look at selling on or possibly two divisions and then focus on the remaining one. At least then potential investors will know what they are looking at .inmv

Quite clearly there are more sellers than buyers. So it's not even a life boy

Preferably from Hull uni and not the rest.

Come Serica you can rise today can't ya. After all it's poets day

What industry does hmg and the new hmg actually support. If so how long will they actually show kind of support to anything that they are pontificating at pressent.

I Personally i am not from a oil and oil gas backround and not that well eduquated , but can clearly see that we should be supporting such industries as this during the transpition stage, So what the \h..l is going on here... Maybe some eduv=cated person can answer this one, ???

Surprised

I hope it is due for a rebound. For me then that will allow me to offload further. Fwiw i am not blaming the bod in so much as hmg . As i believe events have over taken their most recent decisions. As we all know any planing a business objective needs to plan ahead, but alas we we are now dealing with matters beyond anyones control. So maybe Serica should just try to preserve as much cash/oil field reserves as possible and not develop anything and possibly start to unofficlly mothball production. Easily done by saying things such as health and safety and some bit falling off a rig . inmv onmho