Opening Prices FTSE100 . . . . 7,511.44 . (+64.56) . (+0.87%) Brent Crude . . . $54.20 . (+0.93) . (+1.75%) CP . . . 94,856 @ 182p . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,512.67 . (+13.23) . (+0.18%) Brent Crude . . . $55.12 . (+1.11) . (+2.06%) . . . (15mins delayed) . . . back over $55 OP . . . 1,602 @ 185.4p 1,000 @ 180p, 2,000 @ 179, 178 & 177p, 5,000 @ 178p, 10,000 @ 174, 173, 168 & 167p, 20,000 @ 160 & 155p = 102,000 20,000 @ 190 & 2 x @ 194p, 15,000 @ 191p, 40,000 @ 203p, 25,000 @ 203p and 12,000 @ 249p = 152,000 All staying well, we could have a further rise today Book at c. 8.03am 173,489----230,880 33-----31
SDX - Dr Valerie Brackett increases her stake to 4.33% Good to see Dr Valerie Brackett has bought 970,150 shares taking her holding to 8,870,150 shares or 4.33%. She is obviously confident in the future prospects for SDX because those extra 970,150 shares will have cost her over £200,000
Warwick & Lincoln 3 wells drilling 2020 Hello Bobsson & Ash, I think my decision to sell at the prices stated were based simply on the poor news flow prior to my sales and the long wait for the CMD in Mar 2020. It could also be said that my course of action was more a stroke of luck than judgement. I was tempted to buy back at 25p and 20p but resisted the temptation. I’ve been out all day and was surprised to see the share price bounce back today with an increase of 4.59%. Is it a dead cat bounce or is there something driving the rebound? Only time will tell. I’m not sure at the price I will buy back in at. It’s always difficult to second guess the market so I’m going to wait until there’s some good news which will no doubt drive the share price up. This means I’ll be buying from a position of strength as opposed to buying on a hope and a prayer that the share price will increase. I know some investors buy on a gut feeling that the share price will increase which I reckon is a trendy way of saying that " I haven’t a clue what’s going to happen so i’m going to have a gamble." As you may have gathered I prefer to make an investment based on factual information. Having said all this, I’m extremely disappointed at the way the share price has fallen. I never thought we would ever see sub 20p again. Particularly since the share price hit 64p when there was no production and Hurricane is now producing c20,000 bod with the share price at c16p. These figures simply don’t make sense!! I’ll close with the famous last words. " I wonder what tomorrow will bring?" or " Tomorrow is another day." Carliol
General Interest BTW Totally_wired you are a Fall fan ?
General Interest I get the impression that many are trapped under water here. I know the feeling well , GKP holder for 10 years and never sold ! . The issue here is that VOG seems ( as long as it get paid ) in a good position now , but as ever is this the bottom? I once held Vog many years ago so have kept a lazy eye on it. Thoughts people please .
Could be interesting! crikey!!..RIP Paul Sullivan… post from lse… redeyemines Posts: 558 Price: 25.00 No Opinion Sad news Today 16:50 –I hear our original founder, Paul Sullivan, has just died .
Theoryman Hi, what difference is there in terms of evidential weight, between a Study like the Ryder Scott one and the ERCE Competent Person’s Report? Dynamic Global Advisers did two (2) Shaikan “Resource Evaluations†in Jan 2010 and April 2011, but being an “unknown†American outfit the Market didn’t believe them So GKP Commissioned Ryder Scott to do a Shaikan Resource Evaluation to prove or back up DGA’s two Reports. The Ryder Scott Report confirmed DGA’s Reports. Note . . The DGA and Ryder Scott where to confirmed the GKP Resource Evaluations . . . and they all confirmed GKP’s own Competent Persons, done by John Gerstenlauer Chief Operating Officers, Oil in Place Findings of circa 13.7bboip (Billion Barrels of Oil in Place) The ERCE CPR, as a Competent Persons Report is a different kettle of fish and should not be compared with a “Resource Report†The ERCE CPR deals with the Oil horizons/levels that GKP are producing “from†which are in the Jurassic . . not the entire Shaikan Oil Field in which there is also the Triassic and Permian which are NOT being produce from . . . and Triassic has hardly been fully Appraise, and the Permian, despite two attempts SH-1 & SH-7, as yet has only been “poked†GKP brought in a hugely powerful Drill to drill SH-7, which had high pressure mud pumps and used high pressure surface equipment, but the downhole boulder like geology defeated the huge drill and it had used up all its pipe sizes without reaching the Permian. So SH7 was turned into another Jurassic Producer IMO of course
Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8
Making progress PowerHouse Energy (PHE.L) 0.875p £17.7m The UK technology company pioneering hydrogen production from waste plastic, is pleased to announce that it has entered into a supplemental collaboration agreement with Peel Environmental which aims to accelerate the development of the Protos Energy Park and four further DMG® sites in the UK. The Supplemental Agreement allows Peel to act as the developer of Protos and four further DMG® sites in the UK pending finalising the proposed acquisition of W2T by PowerHouse, with W2T relinquishing its entitlement to UK exclusivity for the technology and development rights of PowerHouse’s DMG® technology. The Supplemental Agreement is intended to prevent any delays in the development of Protos and four further DMG® sites in the UK which have been identified as the most likely to be developed first. The remaining six sites under the Collaboration Contract remain unaffected by the Supplemental Agreement, however the technology and development rights will all revert to PowerHouse on completion of the proposed acquisition of W2T. #PHE Out today on VOX markets. ATB WR
Joy @ 2.6p POL… XXXX I From 16% to 28% in GCM .
RNS polo GCM… XXXX End of January last year we had the massive rise . Sold @ 35…41… 57 and 39p ( after two cheaper buys ) Started buying back @ 27p down to 12p . This might be Gap up it moves very fast .
88 Energy - Ultra High Impact Drilling Q1 2020 Traffic events was updated yesterday (10th Feb 2020) and still showing the planned shutdown of the road for the rig move from 15th to 17th Feb). [link] So looks like all is still going as planned - should mean an RNS is coming Monday 17th Feb at the very latest to say Rig Move underway. Might get an RNS this week to say Ice Road complete and rig move over the weekend.
Dividends Bobsson/Albi1 bobsson: The $187.5 m includes a 4km? flowline from Lincoln to the FPSO, these costs will not be incurred. The majority of the costs would be associated with the flowline. Balls, first of all it is a 7km flow line from Lincoln and we do not know the Lancaster distance but could assume 5km, so not a lot of difference. bobsson: Lancaster is an oilfield (as defined by the OGA) HUR has a licence to produce for 27 (?) years. Lancaster has over 500m barrels of 2C and 2P. At 20,000 barrels per day it would take 68 years to extract the oil, 2088, this is not expectable to the OGA, while Hur dither about paying dividends.
RNS polo Missed this last Thursday. They did well big rise to 16p seen on other sites but not here. LSE site is down noticed that before after large share movements ?? … Polo buy more @ 11.55p … from Alliance News | 6th February 2020 14:48(Alliance News) - Polo Resources Ltd on Thursday said it will become the largest shareholder in GCM Resources PLC by acquiring a further GBP1.6 million worth of stake in the Bangladesh-focused coal miner. The natural resources investor said unit Polo Investments Ltd will buy 13.5 million GCM shares at 11.55 pence per share from Dyani Corp Ltd. Shares in GCM were trading 0.5% higher at 12.06p each in London on Thursday afternoon. The consideration for the additional stake acquisition will be payable by the issue of 44.4 million Polo Resources shares at 3.51p each. Shares in Polo Resources were down 8.2% at 3.05p. Following the stake buy, Polo Resources will become the largest shareholder of GCM, owning nearly 28% stake versus 16% previously. By Tapan Panchal; [email protected]
Buying opportunity! Was that a question EyesonHawk2 or a view ? Not sure by your post what you are doing , do you hold them ?
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