$7Bn CPR .
Re: Rns Hopefully before H2 2016 there will be significant progress on Irish Sea and France. At the moment it is one step forward, two steps back. The one positive is that Wressle is a flier and the oil price cannot remain depressed for ever. Revenue and profits will become the main mover for the share price.
Re: Rns [link] interview regarding wressle
Re: Rns Excellent RNS today. The full value of the production increase may not be reflected on EOG's share price until wressle goes into production next year and it is on the companies balance sheet. Although it should offer good support until then.
Re: Rns We have to pay our fair share, which is relatively low, especially if we utilise our current staff in the area over at Crosby and become operator.....Either way, this is a transformational increase in production, revenues and profit. Problem is will it be rewarded on AIM, probably not
Rns So once producing we get about £8k per day for our third gross but is this free carry or do we incur one third of costs? Anyone know please
EOG CEO Interview podcast [link]
Podcast question invite to EOG Europa Oil & Gas #EOG are on the podcast this week. If you'd like to submit a question please click here> [link]
The bullk and bear case A bit of a silver lining after I impetuously bought 3 tranches all in the $90sPaul Ausick September 23, 2015 1:35 pm EDTInvestors seeking good bets in the oil and gas exploration and production (E&P) sector are not exactly thick on the ground. Nor are there a lot of good bets on offer. The chief characteristic of the E&P sector seems to be volatility within a range of about $10, from $40 to $50, with occasional brief excursions outside those limits.With volatility and accompanying uncertainty in mind, analysts at Wells Fargo Securities compared a bear market case ($50 per barrel through 2016, sometimes called lower for longer and a bull market case, where oil returns to around $70 a barrel next year. The analysts found four stocks that ranked in the top 10 in both categories, and just one that also made the firms list of top defensive stocks in the sector.The one stock on both lists and also was one of Wells Fargos top defensive names was EOG Resources Inc. (NYSE: EOG). Other stocks that made both the bear and bull lists were Apache Corp. (NYSE: APA), Newfield Exploration Co. (NYSE: NFX) and Diamondback Energy Inc. (NASDAQ: FANG).In addition to EOG, other top picks to survive a bear market were PDC Energy Inc. (NASDAQ: PDCE) and Concho Resources Inc. (NYSE: CXO).Wells Fargos top defensive picks are EOG, Concho, PDC, Anadarko Petroleum Corp. (NYSE: APC), Rice Energy Inc. (NYSE: RICE) and Gulfport Energy Corp. (NASDAQ: GPOR).
info [link]
RNS Looks like jam in a few years...
no title How I miss his posts.
no title Oilsectordude
EWT RNS What is missing here is any information on the production outcome of the EWT on the Penistone Flags Zone 3A.They state the positive; but information is missing. Chances are the workover will cure a problem encountered but not reported.Hopefully this still has a favourable outcome. But a few months yet till then.
Glad.... ...I didn't take up the open offer.tclr