Member Info for zebbo

Will this be the end of the accounting issue

"We believe the issues are confined to the South Division and changes to the management team in the division are underway. We are commencing an independent review to fully ascertain the cause"

So we are not clear yet and this statement leaves the issue open ended

To buy or not to buy is a binary punt, with greater downside risk IMO. Ie good update 5-10% bounce. Poor update with ongoing ? over the issues c10-20% down - Tough one to call

TBH I think this is mis information, I cannot find any published updated targets

MH, so you need to see all CEOs in the flesh do you. Strange

What is stranger, is that you dont like the company, yet you hang around.

Your posting history gives you away. If you want to buy in, you rubbish the company looking for an entry point. You are trying to hard my man, subtly on GBP is not proving to be your strongest point

Yep, I reckon next week, maybe Thurs (as a guess)

I expect the deal to go through now as the DD has completed. Also expect the deal to be done at 135 + 2

If it was going to move above 135 it would have done so by now. The BoD /shareholders will also agree the price.

Tempted to add next week if SP remains or drops a little, the deal will conclude WC 11th Nov IMHO

Guys, think you are chasing shadows, will little significance / importance

M1 Rob has been spamming multiple BBs with this nonsense, idiot

We still need a statement. Does not feel like major projects will cost given the new tax regime

"North Sea companies will be relieved that the government hasn’t cut the capital allowance in the EPL and “this is likely to allow minor near-term investments to proceed

..........bnnbloomberg.ca/investing/2024/10/30/uk-goes-no-further-in-raising-north-sea-tax-amid-industry-outcry/

Not sure, but at least they can do the sums now

We have been given a rough guide already. For 2A alone we are looking at c£15 per share

Getting the DD done was the risk. Now thats done, it should be closing out the formalities. I will watch the SP if it dips down to 118 I will bag another 25, but already have a good slug of these

The end is near. i's to dot and t's to cross. 2p divi as well, so 137 in all

How much is the divi per Qtr

Best of luck with that one....lol

Still cannot by any size, but MMs happily taking stock in size.....tells its own story

Who took up this mornings opporunity?

SEA was never going to go up in a straight line. However the pullback has been met with some heavy buying, me included

Re Valueseeker, just check out his LBE (post SEA) $lagged the company off and then turned up with "450k shares". Complete player who just swaps sides dependent on his trades. Best ignored !!

Well deserved and actually not that that big a reward in the scheme of things

PaulD. Looking at the recommended responses I would say you have it about right and a very realistic / conservative view. Think we will be around £2.50 at spud, as long as the story remaina is and we progress as per the plan

As things stand we must be the one of the hotest plays right now, if not the hotest. Dont expect to go up in a straight line, but up we will go, thats nailed on, trust me!

There is an expectation that the drill bit will turn H2 25, so no extended wait.

We are drill ready