Bp Share Discussion Threads

[bracke] 22/11/2013 15:37

7monkey

If it gets to £5.20 I might buy two cans of Corned Beef AND a bottle of Lidl's special offer Red.

[7monkey] 22/11/2013 15:21

Bracke :Turkey and champagne for Xmas and B.P at £5.20 can't wait

[bracke] 22/11/2013 15:02

optomistic

No Aldi where I live.

The Corned Beef is a special treat for Christmas Dinner.

EDIT

Norovirus - Isn't that what people get on cruises

[optomistic] 22/11/2013 14:47

I have almost recovered now Bracke, got floored with that norovirus thingy...nasty bug!
Not shopped at Lidl much, prefer Aldi in the small supermarkets.
Lucky you can afford corned beef, so much more expensive now, much prefer a nice roast ham from the butcher in the market :-)

[bracke] 22/11/2013 14:37

Good afternoon optomistic

I noticed you posted that you were unwell I hope you are in recovery mode and break above resistance.

"In the money" - yeah, right.

Another trip to Lidl for Spam and Corned Beef could be in the offing.

[optomistic] 22/11/2013 14:10

Yes do take it easy Bracke as you could soon be in the money, and then....another shopping trip :-))

[bracke] 22/11/2013 14:01

Goodness gracious! Surely not a breakout above 490. I will have to have a lie down, it's too much for me.

[lollipop3] 22/11/2013 13:11

Looking to go higher

[wattene] 22/11/2013 13:00

Urgent News......RNS due, I'm sure, as I have just returned to PROFIT:)

[malcontent] 22/11/2013 08:34

lovely classic golden cross...

[mitchy] 22/11/2013 00:38

21 Nov 13 BP PLC Deutsche BankBuy 488.55 520.00 520.00 Reiterates

[donaferentes] 21/11/2013 22:57

More significant will be 510p the higher (earlier) of the two intervening peaks since the crash. We seem to be within a shot of it by year end.

[sicker] 21/11/2013 11:50

£4.90 appears to be a hard nut to crack :-)

[mbthedude] 21/11/2013 03:52

dafrog,

I am well aware of that and its more likely than not the reason why they have not been prosecuted for destroying evidence, and so far have contributed sweet FA to the GOM disaster fund.

[mitchy] 20/11/2013 18:39

MAN Group are adding BP to their portfolio as an 'undervalued stock'.

[robertfaulkner] 20/11/2013 14:12

7Monkey, well spotted, it was in FT today as well.

They said the new ship West Auriga is capeable of drilling in water 12000 ft deep, absolutley frightening

I hope BP drilling personel and management are not too nervious, that they make mistakes by being over cautious

[bracke] 20/11/2013 11:11

Who are they working with?

[mbthedude] 20/11/2013 08:07

As long as they don't partner with those useless b*stards Halliburton on any future projects it could be worthwhile.

[7monkey] 19/11/2013 21:23

HOUSTON - Three years after the Deepwater Horizon disaster, BP has built up its largest fleet ever in the Gulf of Mexico, adding two drilling rigs in recent weeks to its U.S. offshore operations, the company said Tuesday.

The two rigs boosted BP's Gulf fleet to nine, following two others added in late 2012. BP contracted Seadrill's new ultradeep-water drillship, the West Auriga, which is working in BP's Thunder Horse field. The second facility is BP's Mad Dog platform, which was damaged when Hurricane Ike swept through the Gulf in 2008. It has been repaired and has restarted operations in the Mad Dog field.

It's another sign the skies are clearing over the Gulf, where BP's blown out Macondo well spilled millions of barrels of oil into the ocean and the federal government instituted a three-month drilling moratorium on some deep-water operations in 2010.

The two new rigs reflect "the vital importance of the deep-water Gulf of Mexico to the future of BP," Richard Morrison, the company's regional president for the Gulf, said in a written statement.

Every year for the next decade, the British oil giant plans to spend about $4 billion on its deep-water fields in the Gulf. And it's working to ramp up operations in several fields including the Atlantis North and the Na Kika, the company said.

As international oil giants dip back into the Gulf, the region's daily production could rise by 180,000 barrels to 1.55 million barrels next year. And in three years, the Gulf could beat its 2009 peak production of 1.8 million barrels per day, according to research firm Wood Mackenzie.

[zulu001] 18/11/2013 16:47

The worse is yet to come for BP. In many years time when these GOM court cases are eventually concluded, BP shares should recover a little. But as Bob says, remember its a 30% smaller company now.

[bracke] 18/11/2013 14:24

sicker

Yes it is possible. We appear to be in the Santa Rally now but it is still unable to break above 490. Maybe it will do so later to-day or later in the week.

It will be disappointing if it doesn't.

[sicker] 18/11/2013 14:18

bracke, do you not think we may see £5 in 'the xmas rally' ?

[bracke] 18/11/2013 12:37

The share price is back to 490 which has been strong resistance. If it can break through there is a good probability of 500 and maybe a little more.

Worth noting that the high in 2011 was 514 and in 2012 was 510.

Whether the worse is over for the share price I am not so sure. I will believe it when I see it. 'IT' being the SP!