I wonder what this bunch of executives do there day by day....Probably its about 10mln a year to feed them all,
Only if we will see ever some Irish oil,,,,,,,
If TOR just leave keys on the table, and will close door behind him, and never back, what happens with PVR then? I think now its too late for this. P45 for him dont recover our investments and Idea just to punish him--looks funny and useless right now. Silence now--for me is a good sign,
seems like those 100mln just a speculation, kind of gossip- a way how tor trying to save his as
If Tor leave who will take it over? Looks too late to change him anyway/
18 bankruptcies in March and April. According to Fuel Fix, 18 North American oil and gas companies filed for bankruptcy protection in March and April as creditors began to cut off lending. The bankruptcies accounted for a combined $8.9 billion in debt. That takes the total bankruptcy list to 69 companies since early 2015.
Oil discoveries at 60-year low. New oil and gas discoveries dropped to their lowest level in six decades as companies cut exploration budgets. According to IHS, the oil industry only found 2.8 billion barrels of oil and petroleum liquids in 2015, the lowest total since 1954. The dismal result is largely due to low oil prices, which has forced draconian cuts in spending on exploration. Industry wide expenditures on exploration have fallen from $95 billion in 2014 to an expected $41 billion in 2016, with more cuts coming next year. But some of the largest companies also saw discoveries start to slow in the years leading up to the crash in oil prices. The low levels of new discoveries, which mostly come from offshore fields that would require large-scale development, will not be felt for many years. Wood Mackenzie estimates that the world could see a supply shortfall of 4.5 million barrels per day by 2035 if the industry does not pick up the pace of new discoveries.
At moment, 1euro looks like a fantasy, but if PVR projects go ahead--share price could be better then that
May be more acreage makes PVR more attractive target for takeover?
Tor will not like that, because new owner will send him to social welfare