Falkland O&G Share Discussion Threads

[trulyscrumptious] 11/12/2014 16:15

Anyone know what the profitability level is for the Falklands, $50, $60? If the world is awash with cheap oil, is it worth them drilling a full programme?

[thewealthofsocrates] 11/12/2014 16:12

Harrior2: Have you factored in the inevitable fracking lawsuits, the decline in allowed licenses & the increased investment in the gulf of mexico rigs?

[agnabeya] 11/12/2014 13:30

www.eia.gov/forecasts/steo/pdf/steo_full.pdf

Some very rational estimates here regarding short term oil price.

[harrior2] 11/12/2014 13:08

This mornings US news on oil.

Harrior

[gunsofmarscapone] 11/12/2014 12:10

Not a all Fraser, buy to the sound of guns and sell to the sound of trumpets etc etc.

[fraser038] 11/12/2014 11:57

wow, 20p, where next. Unreal, starting to think there has been some news leaked out.

[harrior2] 10/12/2014 21:43

Hi Socrates,
I`m a YANK with 100,000 shares, an ear to the game here in the US, and tell you clearly that $40 oil will not stop fracking. However the rest of the world, Saudi`s included, will be the one`s to halt far short of $30 dollar oil.

The fact is that our stupid president is the only stopper to more output by disallowing the Keystone pipeline from Canada. And yes, this is also tight oil that will not be stopped.
The good news is that that deep ocean oil is the cheapest to extract after covering infrastructure and wells.

The only caveat is that the south basin must be in the billion plus barrel range to assure investment and they will have half of that in the north basin.
Harrior

[thewealthofsocrates] 10/12/2014 13:47

What's the main cost of oil rig exploration?
Answer: The oil price.

[thewealthofsocrates] 10/12/2014 13:40

The US propaganda financial channels are saying fracking will be profitable at $40 oil.
They shouldn't have said that because the Saudis will carry on until that happens.
They are aiming for $30 oil.
The frackers will be utterly destroyed.

[fraser038] 10/12/2014 13:30

Thanks for the cheap shares who ever is selling. Current AV-25p, oooohhhhh yeah, put in a stop loss and forget about them till next year, let the market do its own thing until the real news comes out.

[thewealthofsocrates] 10/12/2014 13:24

hxxp://shalebubble.org/
The end is nigh...

[thewealthofsocrates] 10/12/2014 13:18

My prediction: US fracking will start dying off next year. The Saudis will succeed.They dud before with Dallas.
hxxp://energyblog.nationalgeographic.com/2014/11/06/as-u-s-fracking-bans-increase-so-do-lawsuits/

[mariopeter] 10/12/2014 10:47

see oil chart for double bottom ??


We will know soon enough.

[tongosti] 09/12/2014 16:32

ladies, put the pillows down and keep this board civilised. if you can.

[agnabeya] 09/12/2014 14:18

Purple...you are obviously some snotty kid trolling on here, who never held a share in his life.
Why else waste everyone's time trashing their strategies?
Off you f--k like the little waster you are, while the grown ups get on with things.

[purple11] 09/12/2014 14:14

stop being nosey.

[agnabeya] 09/12/2014 14:12

I thought it was very obvious I was.
I ask again..are you?

[agnabeya] 09/12/2014 14:04

Purple - are you a FOGL holder?

[purple11] 09/12/2014 14:03

21's now ,pretty much collapsing

wonder what long johns thinks of it all

[agnabeya] 09/12/2014 11:20

Purple - I've never heard of Jessie Livermore -
but I have heard of Warren Buffet. He seems to know what he's talking about.

I'm probably wrong - but it's always been my strategy to get the shares as cheaply as I can and then sell them as high as I can when people are getting greedy for them.
That may be too simplistic for some - but it works for me.
I'm not saying I advise anyone else to follow my method.

You keep buying high if that works for you and your friend, Mr Livermore.
I can't figure how it does - but knock yourself out, and good luck with it.

[purple11] 09/12/2014 11:04

'Never average down' Jesse Livermore