Northern Petroleum Share Discussion Threads

[sg31] 12/6/2011 21:02

Looks like they had discussions with the eyetalians and were told to sod off.

[julcester] 12/6/2011 19:15

Meanwhile, the Thrust and Fold Belt project offshore Sicily, containing potential multibillion barrels of oil is also moving forward, with partner Shell recently appointed to hold discussions with the Italian authorities ahead of potential drilling early 2012.

[maxk] 12/6/2011 18:54

So, its old news spcecks?

[spcecks] 12/6/2011 18:44

Read that news during the week from another newspaper that someone had posted on iii.

[soulsauce] 12/6/2011 18:35

Ahh good old TW telling everyone this was as cheap as chips and a buy when here surely knew, as most of us did, that this sort of news was a possibility.

Will NOP make a statement?

[maxk] 12/6/2011 18:31

Shell have problems too according to that article:


"Other oil companies have asked to explore the seabed. Shell, for instance, which has six permits, has received a suspension order in respect of three, and has been asked to postpone everything until next March in respect of the other three.">

[bionicdog] 12/6/2011 16:37

It just gets better and better. Mind you , they would never have done any drilling anyway. The permits where Shell is the operator were the only ones where anything was likely to happen and I presume it is those that are mentioned elsewhere in the article.

[denimag] 12/6/2011 15:40

Oh no!!
den.

[shutittrev] 12/6/2011 15:26

I, also, will be hoping that this 'not so good' news is in the price already, however I have a feeling that it could be tin hat time again....it will be by my side at 8.oo am tomorrow, just in case. Good luck to all that still hold.

[maxk] 12/6/2011 15:12

I wont say "good find" trev, in the conventional sense that is!

It sure dont look good, but who knows if the news is in the price?


Taken from the above link:


No oil exploration off Sicilian shores, but Malta approves more
Article published on 12 June 2011



"The oil exploration that was to be carried out by Northern Petroleum in the sea off the southern shores of Sicily have been blocked, Italian Under-Secretary for Economic Development Catia Polidori told MP Angelo Capodicasa from Partito Democratico this week."



"Northern Petroleum had two approved permits but its exploration has been suspended."

[shutittrev] 12/6/2011 14:55

Any thoughts on this anybody?

[bionicdog] 11/6/2011 19:21

To be honest , the wine is all a bit dubious there. Best to stick to a pint or three.

[maxk] 11/6/2011 19:21

nah, dog will only go for the good stuff....

[sg31] 11/6/2011 17:16

bdog,Of course, that's where I have been going wrong...too tight fisted.

I was struggling because they didn't have Hirondelle or Blue Nun.

[maxk] 11/6/2011 16:01

Interesting article...three bottles of valpol for breaky, now thats impressive!

[bionicdog] 11/6/2011 15:08

The white should be 12 , it's 45p more so must be better.

[estseon] 11/6/2011 13:54

"Some studies show that drinking a large amount of alcohol over a short period of time may be significantly worse for your health than frequently drinking small quantities."

Bionic seems to top up throughout the day: significantly better for his health than drowning sorrows in one heavy hit in the evening.

However, if Shell proceeds, hits oil and declares a worldclass reserve, he will then go out and celebrate with a crate of champagne, which would be far worse for his physical health (and his hangover).

The lesson to be drawn is that backing winners is bad for your health. Thus so far, NOP has been an excellent investment in that regard. Indeed, if it continues the way it has been going, nobody will be able to afford to wreck their health.

Miracles can happen, though. I'm actually in profit on Torotrak.

Cheers

[maxk] 11/6/2011 12:46

I'm sure dog will take note....

[sg31] 11/6/2011 12:34

No.11 for the white.

No.12 for the red.

Don't bother with the rose.

How did I do ?

[bionicdog] 11/6/2011 11:58

It's a breakfast/lunch combination. Very popular amongst late risers.
I'm off now.

[sg31] 11/6/2011 11:56

It's a bit early. It's still breakfast time.

[bionicdog] 11/6/2011 11:37

sg31
Re your 32822. You should know by now that I'm a pro. Just off for a pub lunch now believe it or not.

[maxk] 11/6/2011 11:24

Lock up your beer...