Member Info for upomega

NormaStits
Yes it will it is just taking a little longer.After all rates have risen quite quickly . Don't forget we are still due another rate hike. Any way off for a sex change to escape any fall out from past postings on this bb. May even change my colour in process.

Banburyboy
Why oh why have you now sold a third. Remember you ounced called on me to be part of the vote against. Which still I am,but why post that you have sold a third of your holding.
Like you pretty annoying that the company went for nsea assets with the hostility with current hmg. Not sure which war they and the side they are actually on???

atrm2. History always has a habit of repeating itself. I still believe that there is leader out there with integrity/strong will and above all intelligence in spite of the lot that are now governing our country . Let alone the opposition who resemble uni p.t smoking. h.p.i.es pontificating about an ideal world without understanding the full consciquences.

Maybe hmg has indicated that they will cut the wft asap. Now that would be a nice thought. After all there are thousands of jobs to consider. Let alone how Serica are rapidly reducing carbon emissions and the carbon footprint. Unlike the idiotic policy of importing LNG via tankers and not forgetting subsidising the exporters due to their tax being lower.

Both oil and gas prices are level's of Nov 2021. So how can the the government justify this tax rate. Surely U.K producer's are in contact with hmg over this small matter. Surely there are some MP,s on the side of UK producer's.

Let's also hope that they substantially increase the dividends to compensate for the dire share price. Better still pay a special dividend,before the government grabs the lot.

We not only have to deal with the wft and the threat of even more taxis,but now we could have the threat of our infrastructure damaged. That's Serica Energy and now Tailwind.
Serica is very proud to be supplying well over five percent of energy. MY Question Where is HMg in all of this. If it was down to me I would shut the lot down until they gave insurances in law which cannot be overturned for a set period of time. Come Hmg back your own energy supplies. You know you can do it if you grow a couple

Forgot to add. I would hope hmg would cover all loss of production. A bit like giving pharma's cover for the COVID vaccines.

Also if the unimaginable happened and our assets were physicaly damaged . Then where would we stand. Are we insured or would hmg stand guarantee.????

It's a pity they are not aloud to acquire them after looking at our share price today. I actually thought things were about turn for the better. Maybe investors just don't want to take the chance with what hmg could throw up next inmo

Newkotb posted a link a couple of days ago as to why Hmg will keep wft. The hope here is that it will not increase any further and all tax credits can be utilised. The sad fact is that the majors will be little affected due to ninety to ninety five percent of revenue coming from overseas operations. Serica ,Harbour and Enquest to name a few are easy pickings in terms of a revenue stream. Hmg also knows that whatever they tax in the UK they will still be able to a degree to keep the majors on board as they are in a round about way supplying our lng needs from overseas interests.
Maybe HMG will come up with something to protect the smaller North sea operators. After all there are still many jobs involved within that sector. Inmv.

Fantastic news if production is approaching the 50/- mark. Maybe the company is playing it down due to how hmg are behaving atm. If these figures are correct then inmv the company is exhonorarared

Slightly off topic, but relevant for some Serica share holders.
https://www.fool.co.uk/2023/02/14/hands-off-our-isas/

Some good news. Maybe this together with future workovers and tax allowance turn this around making it a better deal.

On the plus side employees will have more money to spend in the wider economy. I'm not sure what effect that will have inflation though.The wft for me and others who hold Serica share's from the early days within a isa could end up being the least of our problems.inmv

European natural gas prices are now at levels seen eighteen months ago. So as myself and many other posters have posted why hasnt HMG put a floor on this tax. Even more disturbing is why hasnt the NORTH SEA OIL AND GAS INDUSTRY been more vocal and lobyed politicians and the press???
Could it be that BP and Shell are the winners here in terms of paying little tax due to more favourable tax regines overseas. Just think we can import all that lovely Lng from the states and guitar who pay little or no tax with our own majors having a stake in it.
Way to go little britain were getting. I just hope that we dont decide to create our own car industry again. Maxi, mini metro springs to mind.

The latest fink tank is now saying.
Hmg should tax o and g ninety eight percent. Then subsidise the purchase of footy clubs. Way to go GB. You have just earned Frank Baxter. Paper weight.
As for mercuria their website reads quite well. So not quite sure why we were not required as a whole.maybe someone could answer that

I have officially reported this company to the FCA .
Next step will be SCO, and thoes other lots.
Translation will follow in due course

In my view their must now be some some pi swiss investors. So what is or your thoughts with this .
ob es Ihnen gefällt oder nicht
Meiner Meinung nach müssen es jetzt einige Pi-Swiss-Investoren sein. Also, was ist oder Ihre Meinung dazu.

que vous l'aimiez ou non
À mon avis, il doit maintenant y avoir des investisseurs pi suisses. Alors, qu'est-ce que c'est ou ce que vous en pensez.
te guste o no
En mi opinión, ahora debe haber algunos inversores pi suizos. Entonces, ¿cuál es o sus pensamientos con esto.

Für unsere neuen möglichen Überseeplakate

Ich denke, es geht etwas tiefer. Der folgende Link von Fox News ist eine lesenswerte Inmo wert. Im Grunde genommen schließt Großbritannien auf ungeschickte Weise nach und nach seine eigenen Energieversorgungen, während es andere Nationen wie die USA unterstützt. Der Bericht sagt im Grunde, dass es besser ist, Gas aus den USA zu kaufen, als aus weniger umweltfreundlichen Nationen, was auch immer wir tun würden benötigen noch Öl und Gas. Indem wir also unsere eigene Industrie in Vergessenheit geraten lassen, kaufen wir in anderen Staaten wie den USA oder einer weniger umweltfreundlichen Nation ein. Zusammenfassend wäre es also nicht klüger gewesen, zuerst unsere eigene Industrie zu sichern, anstatt sie zu zerstören.
https://www.foxnews.com/politics/curbing-u-s-oil-gas-production-hurt-environment-report-finds