“Securing a farm-in partner for Midleton is a critical first step to delivering our objective of a multi-well programme in the Celtic Sea which, in addition to exploration wells, we expect to also include further appraisal/pre-development drilling on the Barryroe oil field,†said Lansdowne’s chief executive Steve Boldy yesterday, adding that the company now looked forward to drilling
It is reassuring to see what an RNS with actual news can do to a Share Price over at Lansdowne...up 40.5%
maybe the BOD are impressed by the yet to be revealed deal making skills...!
Interesting that there was no mention of the Celtic Sea Farmout process/discussions in the recent all fangling corpo update..
Mamms, I think they sold it in two chunks..the second chunk being 800,000...it occurred to me that the first chunk was just below the 3% threshold for mandatory reporting...
The Board should do something about the CEO...
I would Spuddy has very squarely hit the nail on the head with the analysis...