Falkland O&G Share Discussion Threads

[agnabeya] 31/10/2015 12:40

Elcapital-
it was almost a homeless hostel when Chris got his mum into 7 million quid in
debt. ;)

[elcapital] 31/10/2015 11:37

Thirty five quid a night? Is that a hostel then?

[flyingbull] 30/10/2015 23:36

Time to test your skills. The November oil stock competition is on! Deadline for entries is midnight this Sunday. Good luck.

[jimduggan] 30/10/2015 20:56

Too many players in the north with mixed percentages to be a worthwhile investment

They need to unite

[agnabeya] 30/10/2015 20:28

Efagie.....I honestly don't think the Falklands are a top priority for Noble at the moment.
Looking at their website they have so much else going on globally, they could be thinking their cash could be better spent elsewhere for now.

If the data is good they won't walk away, but they will go for the easier targets while the POO is subdued IMHO.
Only IMHO, and I could be totally misreading it.

[efagie] 30/10/2015 16:39

Agree agna re-failures of equipment depends on what was it. But what if isobel comes in better than expected, would noble look to get into more in the nfb, helen/susan? likely the only additional drill, unless of course rhea comes in.

regards the sfb, though its unlikely, given time to go over the detail from humpback, as there's some 3 months more drilling going on in the north, might they think by going downdip a little there's better sand depths? or just reposition the drill spot.
Knackers fogl somewhat given cash being needed, would they turn it down or deal?
Noble have what, some $4bn debt facility, and given the cost would be going onto the next years financial capital costings......

[lr2] 30/10/2015 15:58

Serving the evening meals?

[cyan] 30/10/2015 15:52

Chris Oil ‏@chrisoil · 1h1 hour ago
Sorry i cannot attend #homehouse #house21 tonight but as they say castle to run.
==========================================================

Shouln't he say B & B?

[efagie] 30/10/2015 14:11

nothing more than some of us have said agna. Don't forget that the exploration area is what some 200 times bigger than the north seas oil area, so what happens when all things have been recalibrated and looked into? Would noble let it slide IF rhea fails? given their temporary rig will have little time left.
Though they could wait until the new harbour is done.
Remember the shooting fish in a barrel if oil was found, it was found but just not commercial. Yet?

Edit; They halve the price for the rig, would you turn it away?

[bustedflush2] 30/10/2015 14:11

Fair value now 3p

[agnabeya] 30/10/2015 13:09

hxxp://en.mercopress.com/2015/10/30/falklands-humpback-well-finds-non-commercial-quantities-of-oil-and-gas

This is a bit more upbeat, but I still can't see rigs returning to the SFB for 2 or 3 years. And only then if the POO is $80 or above.
At least the cheaper rig situation bodes well for the NFB.

[fludde] 30/10/2015 12:34

buywell, as poems go that is rather poor ;)

This reads a little better...

"That FOGL bought DES ses a lot

The drop surprises me not a jot

Other Falklands Oilies now in a pickle

This drilling lark seems rather fickle"

[ariesr] 30/10/2015 10:26

Thanks for elaborating on the risk and your rule of thumb. Appreciated.

agnabeya 29 Oct'15 - 20:42 - 33082 of 33089

[shakudo] 30/10/2015 09:32

GKP, got anything a little more child friendly say featuring dragons that I can tell the kds at bed time?Crock of s..t.

[buywell3] 30/10/2015 01:42

DES has sunk FOGL

That FOGL bought DES ses a lot

The drop surprises me not a jot

Other Falklands Oilies now in a pickle

I have seen this coming for yonks

[eburne1960] 29/10/2015 23:29

Was DES responsible for Princess Diana's assassination too?

[veryniceperson] 29/10/2015 21:27

GKP your last post, sucker money spot on. I can remember the drill and the water fiasco. Just before it didn't they have a rights issue raised a few million?

[gkp heros] 29/10/2015 21:11

I just cut and pasted from site, this falkland oil thing. Stinks to high heaven of corruption. Remember the desire oil to water fiasco many years ago. Suckers money

[gkp heros] 29/10/2015 21:08

Greying surfer lol

[agnabeya] 29/10/2015 20:42

Ariesr.....exactly. no hedge funds invest in AIM penny share companies for the long term.
This is not a well regulated trading platform.
Once you get to grips with that, you can learn to trade for profit on AIM.

FWIW....if you want hedge fund type security in your investments, if I were you, I would avoid AIM all together.
I'm not joking when I call it a casino.
I am gambling with what I can afford to lose here.
I learned the hard way, but made it work for me since I learned.