Member Info for Urraca

Yes, that's right, just popped out of nowhere, massive airstrikes and one of the most brutal battles in years as the Assad regime, with Russian and Iranian support, crush the rebels. Check online dude, battle of Aleppo, its truely harrowing. By tomorrow, they will have full control of Aleppo, by Weds, probably full control of Palmyra. Its the ending of the civil war in Syria, and the one thing it hasn't done is popped out of nowhere. Unless you've been living under a rock with no knowledge of the Syrian civil war, appaliling war crimes on both sides, massive influx of refugees paddling across the Med to Greece etc etc.

Russia is bombing the crap out of ISIS in Palmyra, they'll be out again as soon as Aleppo falls. This is it, the end of the civil war.

Aleppo taken by Assad Civil war over EU sanctions lifted GPX gets back payment of revenue from block 26 Block 26 back in production. It should leg up on each bit of news.

Now need EU to accept that their policy of using sanctions to try and influence the course of the war has been a total failure which has greatly increased the suffering of normal Syrians, as well as escalating the refugee crisis. They need to lift their sanctions right now. Lobby your MEP. Send them this article from the independent, and let them hang their heads in shame. http://www.independent.co.uk/voices/syria-syrian-war-us-eu-sanctions-bashar-al-assad-patrick-cockburn-a7350751.html

Rebels have started surrendering in the last holdout area of Aleppo. Looks like it will be totally under regime control today. Although not quite the end of the civil war, it will be all over bar the mopping up.

Rebels have started surrendering in the last holdout area of Aleppo. Looks like it will be totally under regime control today. Although not quite the end of the civil war, it will be all over bar the mopping up.

Good article. If you take price before disaster, circa £1.70, and divide by dilution since then, around 4.2, you get to 40p. Takes no account if back payments. Or, carry value of syrian asset is $102m on balance sheet, which is around 16p per share - not including anything else. I guess this could get to 20p on end of war, then 30p when EU lift sanctions (a cert - they are desperate to turn of the refugee crisis) and 40p when they report full production is back on line.

I think this is all about Assad's push to retake Aleppo, possibly presaging the end of the Syrian conflict. It's far from over yet though. Having said that, it looks very likely that Aleppo will fall to Assad, don't have a feel for timescale, but that initself could get this over 20p. A high risk high reward punt.

Given that the Dong acquistion cost a lot less than they'd planned for, they have spare cash from the placing to pay for it. They might use it for further acquisitions. And Dong are now pulling outnof oil and gas completely.

http://oilprice.com/Latest-Energy-News/World-News/Schlumberger-and-Golan-Equatorial-Guineas-Fortuna-Project-Back-On.html More upside here as Ophir rerates

Good one Cobb, i snagged a few extra buying first thing then selling to cover costs before 9

And Schlum back in. Did not see that one coming.

I as being ironic, insane

If they do they might be a five bagger in a day, but what a state, they're getting battered from all sides.

The next one is even better. Tpl is truely gone down the rabbit hole in Kazakh.

Thanks Kaimirza. Think this may go a little lower yet, as I think POO will continue to decline until OPEC members start making some more aggressive statements - if they can. So I'm holding fire.

Can I ask Kaimirza, do you mean the big sale was a mistake? Or dbno doubling his/her holding? I wasn't clear which you meant. I've got a few of these from some time ago, and was thinking it may be time to pile in.

The payment at completion for the acquisition of producing assets from DONG is expected to be approximately US$35 million as a result of higher than expected production and commodity prices since the effective date (1 January 2016), as well as a deferral of planned capital expenditure. That's from the RNS yesterday, just below the production table

Back in July, FPM said it would cost $70m. In the spiel about the analyst visit, they say it's going to be $35m. Is that right? Only half the price? They mention changing production and oil prices as well as working capital adjustments - but I don't get it.

£65m for what? The licences will revert to the UK. No one has shown any nterestnin farming in.