Very interesting article and very hard to know what will happen. I saw on CNBC that Syria producing only about ten thousand barrels of oil a day, a very small player indeed. I suppose Putin would like to have influence in the region and aligning themselves with Iran is a good way of going about doing that. It is hard to know what will happen, but it will make the Oil Markets nervous .
What are the chances of Putin allowing an attack on the Saudi Arabic Oil Fields?
There is some talk in the Irish Media that the two biggest parties in Irish Politics will form a coalition after the next general election in the spring of 2016. If that were the case, it would be the most stable government ever in Irish Politics.
An interesting discussion on the new tax regime and offshore Ireland in general on Irish Radio today [link]
Perhaps the tax increase could be seen in a light at suggests the government know there is going to be some actively in Irish offshore. Perhaps something was mentioned when the India Prime Minister made a quick visit to Ireland last month. Wishful thinking I know.
Henderson were at 8.08 percent and now at 7.99 percent
Lansdowne is also up twenty percent today.
At the moment the entire upside is relying on getting a Farm out for Barryroe. Outside of that, they may be a little upside if the price of oil goes up.