Member Info for upomega

I assume you are being sarcastic,but I,m still hopeful that a bid comes in. Probably facilitated my Murcuria

I wonder if we fall much further that there could be outside interest in acquiring us. As mentioned before if it was an all cash offer of three pounds or more with the dividend thrown in .Then I would be happy with that and inmv maybe the new major shareholder would be as well. Considering that they would have made a quick return on their investment.

The sooner Serica buys an overseas asset the better inmv. Then maybe they could then sell all or part of their North assets. I can not see opec letting the oil price to continue to fall, but at these levels it should give Serica an opportunity to purchase some more assets.
Also does anyone know if hedges are kicking in where Serica is benefiting.

So Starmer and his cronies want to reverse things and make matters worse for North sea producers and pensions. New legislation which has recently been passed i.e the lifetime limit on pensions, but wait the oik is exempt from such a reversal apparently. So if that is the case isnt oil and gas and pensions exempt from the oiks proposal. Fare play to the bbc and worth a read inmho
https://www.bbc.co.uk/news/uk-politics-65037136

Also I think we are in for a long wait if this tax is to be reduced. As looking at historic prices before 2021 we could be looking at fifty dollars per barrel.
My guess is good old hmg will re name the tax. Something along the lines of, the social caring tax. I'm sure labour will come up with a better name before the next general election. Maybe the oik Starmer ruskie tax would be more fitting.

Newkotb
BP were also hammered and as NormaStits posted probably more to do with O and g prices.
As we all know hmg and their buddies are also not helping inmv.

NoQuestionMarks it's a bit difficult to do ATM as I am using my phone,but I found it by googling and the whole article came up. I haven't got a subscription so I cannot access it that way. Something I have noticed is that generally you can view articles if they are a day or so older on most subscription sites. If that helps.

Both gas and oil prices continue to fall . Yet the dastically duo comprising of Labour and concervatives still believe that oil and gas companies are having a windfall due to high prices on the back of the Ukraine conflict. Bp has not helped the cause inmv to have a floor on this tax by saying that they continue to make extra profits due to higher prices. Why are they not saying that the main cause of their excess profits are now due to efficiencies together with higher production. They could have also used a comparison and said that had production and efficiencies remained as they were eighteen months ago then profit would be ex amount with prices trading where they currently are. At least then it would be blatantly obvious that we are not in windfall territory now. inmo

This Telegraph article is excellent imo and should be shown to every Mp in this country. For those that have not seen this it is worth a read.

https://www.telegraph.co.uk/business/2023/04/30/oil-companies-freeze-north-sea-investing-windfall-tax/

I'm afraid the wokes have won this this battle.

Sorry forgot to add. Isn't that business and progressive forward thinking is. If not why even bother educating people. Come on wokes where is the money coming from.
Maybe you lot are making it from illegal practice??
That would explain your blatant attack inmv and inmho and no one's else's. Even anyone's else's that have past over. All rights reserved etc etc.

Excellent post WolfofWarks
Hmg seems to be the unhidden enemy hear. Not just with this ,but other industries. If I was a conspiracy theorist I would say that they are working for the ch....nb,r. Skies and and any foreign state inmho .dyor ,inmho,etc etc
Maybe special branch and our security services can seriously look at them before our country is completely destroyed by them and oik labour party. Inmv and no one's else's

Stevebt
The rental market is a joke inmv. Personally I had to let out my original property due to work commitments. I was fortunate that at the time it covered costs.it does not now btw.Hmg in their wisdom have classed myself under the same umbrella as professional buy to let people.
Which inmv where the problem lies.The rental market can work if it is not viewed as a business.
Atb and hopefully like everything else with hmg it will come good with common sense prevailing.

I haven't seen that particular article,but there are other article's on the same line.
As I posted before our biggest enemy is HMG and the thick woke brigade.
Profits from the majors are now increasing due to their professional attitude and not spike in oil and gas prices. So the big question now is will HMG penalize them for being clever???

Apologies DennisThePennis for mis spelling your user name. I Was not wearing my specs when typing.
atb

Dennis ThePenus.you have hit it on the head. I fink matters are more worse than that. Inmv ,inmho and no one's else s. Wokes are are now running great British land. Best still all working from their beds.even better they still throw sickies.
Anyway I'm off to get an Indian passport and learn some proper English. Just like the bard . Bye the the way does anyone actually speak that crap anymore

Personally I hope greenpeace wins and none of these licences gets the go ahead. I did post a few days ago as to why didnt the sector stick together and not go for these licences. At least then they would have had some bargaining power with this tax and maybe get some assurances going forward.The sooner Serica as many have posted on here acquires some overseas assets the better inmv.

No doubt hmg will once again listen to their buddie oik Starmer and raise the tax further. Just to ensure that the North sea industry is finished and then import all our energy needs going forward.

Thanks for the link. It is also available on you tube.
Hopefully we can now move forward as there is nothing we can now do to alter the past. As i posted yesterday it is pointless attacking the company with negativity as what is done is done. Maybe efforts can now be turned to hmg to adjust this tax as inmv this is the achilles heel here now.

The other point here is that there is nothing anyone can do re posts on here. If there are agrievances then inmv regulatory channels and the judicial system should be approached. Certainly not jo bloggs be on a bb.even the BBC.
But come on what are the negative posters expecting to happen from genuine holders here??