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||Market Cap (m)
|Oil & Gas Producers
Parkmead Share Discussion Threads
Showing 10101 to 10125 of 10125 messages
|Well , Tom is a deal maker and nobody better in my view. Posted xcite article
because its assets are their to be sold. Whatever, something is brewing as can be seen by the share price|
|Every chance that PMG will pick up current production assets from xcite.|
|Wonder if parkmead will pick over the corpse. We have no debt as far as I'm aware|
|well...if its to do with the bentley field..big if....that field alone was valued as much £1.43 per xcite share in 2014. also ...bear in mind xcite had 3 times as many shares in circulation as pmg|
|There has been strong buying for quite a few days now.|
|Oil has been dropping this year, gas holding so I think something else is underway.
Perhaps the management are able to buy in since the prelim results were published and the AGM was held.
Good to see some action but rest assured, we will be absolutely the last to know the reason.|
|Just following the crude price or something brewing?|
|My biggest holding Mick.
Sure to head back over £1.20 which is the price that the Directors paid for their shares at last years funding.
I assume a deal will shortly be announced.|
|I wonder what's going on here?|
|Our 3000 at a time buyer is back again.
Also a single purchase of 100k shares was made yesterday.|
|Very strong buying here !|
|certainly something going down .....|
|Our buyer is back !
Something is brewing here.|
|Found some money down back of settee and added 2 small trades.|
|Well Thomas had to move sometime otherwise he would be left behind. My guess is he is borrowing for the races. Probably news tomorrow and let the press do their thing over the w/e.|
|I suspect Faroe was referring to
a. relinquishing Block 14/20c in P324, which is called "Lowlander", and which Faroe had a 100% equity interest, and is not part of the potential PDL development.
b. withdrawing from Block 14/25a in P2154 containing the Scapa prospect.|
|Apologies if that's the case. I just looked at the latest Annual Report which shows Faroe still with a 39.95% interest in PDL as at 31 October 2016 - see p11:
|"As part of the high grading of its portfolio, Faroe is withdrawing from the Perth licence and relinquishing the Lowlander licence. The Company had previously written down to zero the carrying value of its interests in both licences".
Included in an announcement in Oct 2016. These interests have presumably reverted to DECC?|
|PMG holds 3.9m FPM shares currently worth ~ £4m. A sale wouldn't affect PMG's share price, but it might FPM's.
FPM is 39.95% equity partner in P-D-L alongside PMG's 60.05%. These companies are joined at the hip. Why rock the boat by selling?|
|Perhaps he has sold his stake in Faroe?|
|Must be some news.|
|Thanks Exmooroil! With the way the price rose aggressively near close of business today I wouldn't be surprised if news about some sort of deal has leaked and that there is an announcement in the morning. Wishful thinking perhaps!|
|Shell announced last year that they were selling North Sea assets. Remember how Dana Petroleum made its breakthrough ~ 15 years ago, buying GKA from Shell. That asset made Dana, throwing off cash for reinvestment for over a decade. Maybe more of the same?
Well you asked for theories :-)|