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Faroe Petroleum Share Discussion Threads
Showing 8526 to 8549 of 8550 messages
|same to you ed this firm has great prospects for investors long term re jumbo [hd]|
|(ref #7961) Absolutely right. It applies to all Offshore workers too.
Bone is a long way offshore and Hammarfest is well inside the Arctic Circle, but I suppose they get a small amount of daylight by now.
Re. Bone, I noticed they had to restart. No reason given. Sometimes they deliberately deviate to avoid potential gas hazard, but that is usually planned in advance. Maybe they hit a nuclear sub. ;-)|
This is from Aug 2016 I think so fairly irrelevant but a picture of a tug approaching the Scarabeo 8.|
|Who knows, in the cold and dark up there? They may just be keeping warm and eating takeaways! What they are doing would have been thought of as impossible/science fiction 150 years ago. Brave and talented people all down the line, right back to the designers and builders of the platform.|
|Looking at the NPD licence entry it is curious that they are now on 7318/12-2, the original 7318/12-1 down as having lasted one day from 11th to 12th January, start date of 7318/12-2 being 13th Jan. Some technical issue, hit a boulder or a walrus perhaps? But I can't see any sign of a sidetrack.|
|Ha, ha. (I think there might be more rumours in that case!) But let's hope you're right.
ENI have at least two other jobs for Scarabeo-8 in the Barents so if it is for executives, perhaps they need a decision whether to drill a sidetrack? Otherwise release Scarabeo while they do some analysis, they can always come back. (Do we know if they have a permit for a sidetrack at Bone?)|
|There is a supply ship Stril Mar coming back from the rig and the Skandi Iceman seems to have gone up there, but now out of range of the free service on Marinetraffic so no clue as to what it is doing. Also seem to be daily helicopter flights from Hammerfest, is this just routine or could they be taking ENI management to see the enormous find in person?|
|Thanks Harry much appreciated.|
|SoulsourceFaroe have never paid dividend and have not any plans I know of to pay one.Harry|
|Ed can you tell me if FPM pay a dividend yet? TIA.|
|ENI have Skandi Iceman going to the Scarabeo 8 for "call off". The rig can move on its own but it presumably needs a tug or tugs to sort the anchors, don't like the look of this as it is too soon but it could just be going for standby duty I suppose.
Edit. I think "call off" is just the type of contract and doesn't give any clue as to the activity? Still it is a tug and wouldn't normally just do transport duties I don't think.|
|We maybe in for an interesting few months ifDalek decide to bid for us also. This could give this share a kick in the pants or hold it backI Don't expect this to happen until q3 or q4 this year so plenty of time to get cracking.|
Malcy's new bucket list, FPM considered from 6.50 mins, brief but mentions "looking at some stuff back in the UK sector" so maybe as you suggest Ed 123.|
|The update is as expected. Faroe bought tail end production from DONG, knowing that work was needed. So, lower production in 2017 to (hopefully!) get more in 2018 is no surprise to me.
Interesting that they again say they're looking to buy more production. Wondering if they want a bit more UK production for tax reasons?
Good to see they're making progress on all fronts.
Bit busy atm. Might get chance to look into the numbers more closely at the weekend.|
|Thanks, jumbo66. And you have a good day too. Like your outlook. :-))|
|Very poor guidance from Faroe today. 2017 production of 12-15k boepd down from 17k in 2016. Opex per barrel is also going up.
Faroe is blaming maintenance work for the lower production, but when looking at the guidance it becomes apparent that the legacy asset are underperforming.|
|Happy days re jumbo have a good day positive anyways enjoy|
|Ta, CWA1. :-)|
|There you go. Learn something everyday just by eavesdropping. ;-)|
What does that "hd" bit mean?|
|hows it [hd]|
Ah yes, I was also overexposed to oil on the way down. Did some selling as things went down, so didn't crash as heavily as I might have. Much better balanced now and quite heavily into foreign currency earners, following the Brexit vote. Got lucky with MP Evans, bid came not long after I'd bought in. Got a good holding in ITV - tipped by many as a likely takeover target. Also wouldn't be surprised if Home Depot moved for Kingfisher. Holding KGF too.
When I read of Delek taking the Dana holding in Faroe I thought about a combination of Ithaca and Faroe. Tempting ........ the combination could be a Fully Listed contituent of the FTSE 250 Mid Index. Payment of a (small) dividend and it would be open to being held by many more institutions. That would result in a higher market rating.
I'd guess Delek will bid for Faroe once the former gets its Full London listing. Maybe I'll exit Faroe within a year at c. 140p? We'll see.
Thanks for all your posts. - helping me keep up to date. :-)|