Roger - 2 7.5 million trades plus the 4 million
Are they buys?
100% Cob. The news this week was great, the interview was ok, the progress they have shown this year is good but the reputation has been destroyed and the only people making money are Novum and anyone that had a short with spreadex.
Without a deal this is unlikely to move, perhaps the SPV will give us a nice uplift as its a strong indicator something good will happen and probably a point where traders and new investors might jump back in but a part of me wouldnt be surprised if it will take a deal (actual field) to get this going again and then it depends on the terms of the deal.
They can do all the interviews under the sun and create new forums but it will make no difference till a deal is over the line
My hope is that when we get a return from mfdevco we’ll have a chance to make something from the money we’ve invested into GH. Until then, anything will be a pleasant surprise
McCadder- I really can’t see government news over there helping us. We must need money to get it moving and a new well, oh, and getting rid of PVF
Lol Cob, I was hoping 16 was the lucky number!
lol NowtNu, I personally think you have a bit of time to fill your Cabal Isa
Must admit, your post did make me laugh and obviously means the research i did this morning was completely off the mark or the post i wrote would also disappear!
I think LT’s posts have a 5 minute shelf-life before they evaporate
Oh well. Just thought it was odd how posts were being taken down Did anyone look into the fields I mentioned earlier. I haven’t found anything else that gives further links to us sadly. I’ll have another look tonight
Why do posts keep self-destructing!
Ying - cheers. I saw that. I just hope it’s not another Aker partnership which 15 months later hasn’t progressed. With G2W, Petrofac do seem like a good win - it would be nice if they released more info on exactly what they were/ are doing for us
Looking at links to Petrofac in the southern north sea - (ive used SNS, anyone think we should also take a look at the Celtic Sea and Brazil), they seem to promoting articles from the OGA so my gut feel is the SNS must be where our eggs currently sit!
I've only included fields below that sit close to wind farms (to be honest it included pretty much everyone I found). I was surprised how many relevant project Petrofac are involved in (SNS & wind), it certainly doesn't help understand which field we're going after as there is so many potentials
Oranje-Nassau Energie Resources (ONE) for the Sean gas field - this link came up when I googled the field and wind farm. It could be a typo in the news statement saying southern north "sean" rather than southern north "sea"
https://www.ogauthority.co.uk/news-publications/news/2018/offshore-gas-and-renewables-could-partner-in-power-generation/
Grove field Centrica - not sure if this project is still live (saw a link from 2008)
Rough field Centrica - won a project in 2017
Cygnus field - Spirit/ Neptune energy - contract ends in 2021
K+S - Faroe - unsure whats going on here. Read a report that "up to" 21 wells will be decommissioned, i'm hoping the "up to" wording is significant
The Thames field - Tullow - they seem to be on a decom project with them (quite a few projects and probably their biggest client in the SNE) - unless they just made a lot of effort communicating these contract wins
One other that came up (but not SNS) was Eni UK Limited’s Liverpool Bay Development Douglas Platforms but this contract also included Hewett Complex in the SNS so worth including
Alwyn and Dunbar platforms - total - this could now be out of date
Interesting short read (Petrofac wind farm contract win in 2018)
https://www.4coffshore.com/news/petrofac-to-perform-works-on-uk-wind-farms-nid7849.html
and
https://www.pes.eu.com/wind/petrofac-to-support-uk-wind-farm-projects/
I'll keep digging
Cob/ anyone - could this question be raised on the chat forum on the gas2wire site?
Re Petrofac - does anyone have any idea what this now links us to (field)? From reading posts between LT and SBP in the past, I'm sure Ketch was, or is linked to Petrofac - is that still the case?
I can see a news article saying they are the duty holder (but that was in 2014)
Does anyone have any other guesses which field we're going after?
Fair enough.
SBP - I don’t disagree with your whole post but saying big holders are ramping this is total crap. Bar McCadder, none of the big holders ever post anymore! Or, extremely rarely!
If I ever sell out and lock in my loss, I’ll be sure to join you - or not! If I do decide to sell at a loss or in profit, I’ll do so gracefully, not trying to sh’t on a share I’m no longer invested in!
Lol Sharelock - you’ve just seriously burst ‘Mr I do my research via ADVFN’ bubble Keep going Mr 911
I never said he was, he runs Nuog (the company that owns 50% mfdevco) I wish you a good weekend and honestly hope you do something more productive that hang around a Bb for a share you’re not invested in! Take care
No but he’s the chairman! A step above the MD at Nuog. We have no CEO. Fact
Or someone called Graham! No end to the crap you’d try to stir!