Falkland O&G Share Discussion Threads

[shakudomaster] 12/12/2014 11:51

Younasm by what insight can you back such a ludicrous statement. Do share.

[mariopeter] 12/12/2014 11:51

Yep break-even on Sealion, mainly a rockhopper asset, is $35 a barrel but lower with an fspo which is the current plan.

[shanieboy01] 12/12/2014 11:50

Still no movement of the rig or am looking at wrong site

[trulyscrumptious] 12/12/2014 11:35

Thanks agna, it seems the North Sea is out of the running then, that may cause a few problems in Scotland if rigs stop drilling and projects are moth-balled.

[younasm] 12/12/2014 11:19

Oil prices will start a temporary recovery from January 2015, followed by another drop in the summer. I think we are close to bottom for dec2014 with WTI at $59.

[agnabeya] 12/12/2014 11:10

Truly....ISTR the profitability level for FI oil is $35.
It's much higher for the North Sea thanks to the tax raids visited on them there.

[chrisoil twitter] 12/12/2014 10:21

Buying now personally lovely.

[guernsey81] 12/12/2014 10:18

Ohisay - what is the current cash position of FOGL?I'm looking to buy in here but might wait until early Jan.Are the 3D assessments due any day now?

[theprovosts] 12/12/2014 09:52

Xmas has came early. Thanks Santa.

[ohisay] 12/12/2014 09:49

Cash must be around 12p a share - not that they're going to sit on it of course.

[aimshares] 12/12/2014 08:51

Have a top up ready at 16.50p if it does not kick in still have good holding ready for next year.

[purple11] 12/12/2014 08:49

ive had some.

[shaf200] 12/12/2014 08:35

Bloodbath... time to buy!?

[ride the wave] 11/12/2014 22:42

Thanks for that .

GLA

[shafaq] 11/12/2014 22:12

Damn!!!Oil below $60 dollars!!!I think we could head for a capitulation on oil stocks before it gets better.

[gunsofmarscapone] 11/12/2014 22:11

I would all relax, it's half the cost to extract in an offshore conventional field; within the most lenient taxation regime in the world.

Another big find to match Darwin would help, yes! It's a substantial find.

[robpuguk] 11/12/2014 21:43

Think it was a 170 million shares from memory...

[tongosti] 11/12/2014 20:02

How about you answer your own question sport?

[ride the wave] 11/12/2014 18:32

There was a resolution that got passed which entitles fogl to issue a huge amount of shares at a drop if a hat . Can someone tell me the amount of shares please ?

Thanks

[trulyscrumptious] 11/12/2014 18:18

Yes, but do you know the profitability level?

[thewealthofsocrates] 11/12/2014 16:33

There's another advantage that fogl has:
Broke Argentina needs oil & soon Kirchner will be gone.

[thewealthofsocrates] 11/12/2014 16:25

For the moment, the operating costs have gone down for fogl.

[thewealthofsocrates] 11/12/2014 16:21

When fogl get a strike, the fresh oil will be easier to get out than fracked oil.

[thewealthofsocrates] 11/12/2014 16:19

How about the high yield junk bonds issued by US frackers in order to keep operating?
The fracker debt bubble is going to burst imho.