Latest presentation from PRD.
Ireland from 31.47 mins and from the Q&A. |
Europa Oil & Gas (Holdings) plc, the AIM quoted UK, West Africa and Ireland focused oil and gas exploration, development and production company, announces that the address of its registered office has changed with immediate effect to 54 Charlotte Street, London, W1T 2NS.
more cost saving i guess |
UJO moving up (12% today) is it their USA drilling or progress at Wressle ?
leaky ship either way |
perhaps we all need to email them, check they are still there |
I think the BOD must still be in hibernation.
No doubt they will spring into action in very short order.
Suet |
From the EOG twitter feed 23/09/24
“With lots of action expected over the next few quarters, we expect interest in the stock to increase substantially. Accordingly, we re-iterate our BUY recommendation with an updated target price of 5p/shr.” – Tennyson on #EOG.
We’re still waiting. |
From PRD this morning,few updates regarding Ireland.
Presentation 23rd with Q&A. |
 Thanks, Currypasty.
Your quote “Take all necessary action to ensure and protect Ireland’s energy security” is the fifth bullet point under “The government will ...” on p. 52, under the heading “Leading a Revolution in Renewable Energy”. Also, the third bullet point says “Prioritise investment into our electricity grid to update our power generation systems to enhance security and affordability for consumers and businesses”. Now, in the present Irish context, gas-fuelled power offers “security and affordability” of supply, while renewables do not.
The twelfth (and last) bullet point in this series, on p. 53, mentions a “transition away from expensive imported fossil fuels”. Notice that this does not say “transition away from cheap home-produced fossil fuels”.
The report conspicuously does not draw the conclusion that Ireland should develop local (offshore) gas fields as part of its energy transition, which would not be politically possible. Perhaps, though, one could make logical deductions from what is stated. |
Steady boys - we don't want to get over confident.
Suet |
“Dara Calleary is been tipped as the new environment minister. Interestingly he is a TD for Mayo and inishkea is off the mayo coast . He is also an experienced tough politician,well able to make big decisions and is not known publicly for having strong views on the environment.”
From Flombo10 on the other board.
Hopefully some news on EG can’t be far away either. |
page 52 !
well done for looking through it all ...lol |
Currypasty — Where in that 150-page document did you find your quote? I counted 36 section headings, none of which mentioned energy. |
" Take all necessary action to ensure and
protect Ireland’s energy security. " |
“The next government will be “ambitious on public transport and roads”, a figure involved in drafting the deal said. “There won’t be as many cycle lanes built, that’s for sure,” they added. “It’ll be about big picture stuff now.” |
Brent continues to rally. Let’s hope for some helpful news re Irish government and a fast farmout |
how come lots of buys yesterday and today, yet price not moved up? |
A few reasonable buys today. Nothing major but better than a hit in the face with a wet fish. |
indeed!
free stock charts from uk.advfn.com |
Nice start to the year for O&G prices, here’s hoping we land a farmout soon.
HNY all :) |
1m BUY, any glimmer of progress on the JV's ? |
Trump says "drill baby drill - open up the North Sea and get rid of windmills"!
Polar opposite to us.
Part of me says if you can't beat them join them.
If the USA and China appear not to give a toss about climate change our efforts are futile.
Perhaps Milliband should take note.
Suet |
Yes - perhaps decommissioning costs written back.
Suet |
A cost that was showing on the balance sheet that no longer needs to be paid. |
perhaps the balance sheet carried future potential losses, or abandonment charges
"The carrying value of the Agreement is currently written down to nil in the Company's accounts. Upon termination of the Agreement, there are no remaining associated liabilities, since these have been written off by the parties to the Agreement. This has resulted in a £185,000 net gain to the Company's balance sheet." |
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