Northern Petroleum Share Discussion Threads

[valhalla3] 13/6/2011 16:43

charly boy u av disaponted me recently wiv ur desishuns re bying at a quid wot was u thinkin, V=#

[charles clore] 13/6/2011 16:07

Bio yes I will average down as long as sellers meet my requirements.

[bionicdog] 13/6/2011 14:47

Indeed , wise words as ever.

[soulsauce] 13/6/2011 11:35

Have you factored in the Muzzer effect spcecks? Times the true valuation by 0.5 then add in the delay quotient of the Dutch & Iti's, I would say it is still overvalued ;-)

[spcecks] 13/6/2011 11:32

Still got plenty reserves.

[bionicdog] 13/6/2011 11:21

That was the case before they "undiscovered" the proven reserves.

[spcecks] 13/6/2011 11:15

bionicdog I think the dutch assets alone well supports the currant share price......i dont think anything is priced in for italy or anything else.

[bionicdog] 13/6/2011 11:09

Charles.
Are going to average down again?

[spcecks] 13/6/2011 11:05

bioicdog from fastrade 100000 was 76.25 this morning and 200000 was 70 being offererd.

[bionicdog] 13/6/2011 10:57

At least it's not the disgruntled goat formation.

[maxk] 13/6/2011 10:55

"wonky bat ear 4mation"


Well spotted val!

[bionicdog] 13/6/2011 10:54

spcecks
Bid price is not good for NOP , one would expect to sell well within the spread if there was any demand. Where did you get 70p from? That would be an awful price.
The way I read it , there are plenty of hoops to jump through for the licenses outside the 12 mile zone that we previously thought would present no problems.

[soulsauce] 13/6/2011 09:08

parthus it says 'postpone everything until March'.

That suggests to me there will be no offshore drilling around Sicily this year, and indeed they are not impressed that the Maltese authorities have given the go-ahead even further out.

As I said yesterday knowing now how the Italian authorities seem to work and their sudden aversion to deep water drilling, I would suggest March will turn to Summer and then Autumn and still have no decision.

[parthus] 13/6/2011 09:03

soul: Not sure, perhaps they refer to within the 12 mile zone. otherwise why would they need to consult the Italian authorities at all ?

[valhalla3] 13/6/2011 09:01

wonky bat ear 4mation on teh chartz bak 2 teh batcave derek lol

[spcecks] 13/6/2011 09:00

For 100000 full bid price for 200000 70p.

[valhalla3] 13/6/2011 09:00

y r we down? Wif all teh akcelerated aktivity we shud be @lest 1qwid me dukz H=#

[maxk] 13/6/2011 08:57

What price did they offer?

[spcecks] 13/6/2011 08:54

Must be looking for stock as i tried selling 200000 online on fastrade and they were taking them.

[soulsauce] 13/6/2011 08:47

I don't think this was known:-

"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"

[spcecks] 13/6/2011 07:50

parahus Agree nothing we dont already know .

[parthus] 13/6/2011 07:30

Is this any different than what we were told before ? 2 NOP licences are on hold.. but the rest are outside the 12 mile zone, and so not under italian jurisdiction ? So what new ? What have I missed ?

[maxk] 12/6/2011 21:43

Or Derek issues an RNS thingy to scotch the whole foul rumour!

[maxk] 12/6/2011 21:42

eat, drink, and be merry fellows, for tommorrow we die!