Royal Bank Of Scotland Share Discussion Threads

[right honorable lord lucan] 02/11/2017 12:12

Anyone remember that bloke called Norman Lamont. 15% interest rate rise

[dope007] 02/11/2017 12:10

Gosh how will anybody cope with rates now at a whopping 0.5%. It's an utter farce it really is

[leedskier] 02/11/2017 12:06

Ditto RBS.

Maybe the market was expecting a more aggressive rise?

[smurfy2001] 02/11/2017 12:03

Surprised by the fall given the rate rise.

[leedskier] 02/11/2017 12:02

Rate rises to 0.5`%.

amazing the pound crashes and some on that news.

[leedskier] 02/11/2017 11:56

twitter is full on the case ... one sample tweet being

Heather Stewart‏Verified account
@GuardianHeather

Another senior Tory suggests to me the PM may have done a deal with Williamson - to handle the "toxic" Brexit talks, then hand over to him.

[leedskier] 02/11/2017 11:15

Yep and hates Boris.

[maxk] 02/11/2017 11:10

Another remainer..

[leedskier] 02/11/2017 09:38

maxk those who enjoy gallows humour will probably hope for someone with hands on experience. Forecast to be a woman preferably with submarine experiences to talk about.

[leedskier] 02/11/2017 09:35

With PMIs any number below 50 is a contraction, any number above is growth. Contrary to expectations UK Construction PMI is above 50 today.

[maxk] 02/11/2017 09:14

Some runners and riders as a possible replacement, some ex army: So Treesa will prolly go for someone who has no experience of the armed forces.

[leedskier] 02/11/2017 08:49

Tricoteuse is French for a knitting woman. The term is most often used in its historical sense as a nickname for the women who sat beside the guillotine during public executions in Paris in the French Revolution, supposedly continuing to knit in between executions.


---


Theresa May has to be careful not to drop a stitch. If those named and shamed are to be executed, her knitting will unravel very quickly, if they resign from Parliament and force another General Election -- which almost certainly she would lose.

[leedskier] 02/11/2017 08:06

RBS 284.00 -0.18


FTSE 100 7,492.99 0.07%
Financials 0.66%
RBS 284.00 -0.18%

[leedskier] 02/11/2017 08:03

7,491.64 +3.68 (0.05%)

[leedskier] 02/11/2017 07:21

The Russians need not waste time and effort in trying to divide and conquer Scottish opinion. The UK political classes are doing the job for them.



A US senator has warned that Russian cyber operatives are "setting up shop" in Scotland to foment support for a second independence referendum.

[boom boom bang bang] 02/11/2017 07:10

Independent Oil & Gas PLC Results of a Competent Person's Report on Harvey

02/11/2017 7:00am
UK Regulatory (RNS & others)

Independent O&G (LSE:IOG)
Intraday Stock Chart
Today : Thursday 2 November 2017

Click Here for more Independent O&G Charts.
TIDMIOG

RNS Number : 3339V

Independent Oil & Gas PLC

02 November 2017

2 November 2017

Independent Oil and Gas plc

Significant Prospective Resources Confirmed and Well Committed at Harvey

Independent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce its commitment to drill an appraisal well on Harvey and the results of a Competent Person's Report ("CPR") on the Harvey licence by ERC Equipoise Limited ("ERCE").

Highlights:

-- CPR confirms gross mid-case unrisked prospective gas resources for the Harvey structure of 114 BCF, in line with management estimates

o Minimum 45 BCF, most likely 114 BCF, maximum 286 BCF gross unrisked prospective gas resources on the Harvey structure

o Most likely 90 BCF on the Harvey structure licensed 100 per cent by IOG
o CPR assesses geological chance of success at 50%
o Plans underway to licence all Harvey resources
-- Firm commitment made to the Oil and Gas Authority ("OGA") to drill an appraisal well on Harvey within 2 years

-- CPR Executive Summary and updated corporate presentation on IOG website
Harvey Overview:

Harvey lies directly between IOG's Blythe and Vulcan Satellites hubs. Upon successful appraisal, Harvey gas could be exported via the nearby Thames Pipeline, in line with IOG's hub strategy.

The CPR states that the Harvey structure lies up-dip of a well drilled in 1984 on the west flank of the structure that may have encountered a gas column of 30 ft in the Leman sandstone. An appraisal well is required to clarify the up-dip potential of the Harvey structure. Accordingly, IOG has committed to drilling an appraisal well on the Harvey structure by 20(th) December 2019. This is subject to acceptance and a licence extension by the OGA.

Subject to successful appraisal, IOG would request the OGA to determine the Harvey licence area to include the full structure. IOG's intention would then be to fast-track Harvey into development, exporting the gas via the recommissioned Thames Pipeline.

A Harvey development would be likely to have significant economic synergies with IOG's two nearby gas hubs.

A copy of the CPR executive summary and an updated corporate presentation are available on the IOG website: -

hxxp://www.independentoilandgas.com/

Mark Routh, CEO and Interim Chairman of IOG commented:

"It is very encouraging that the prospective resources in the Harvey structure have been independently confirmed to be in line with management estimates. The down-dip well demonstrated the presence of gas in the system and the presence of good reservoir quality in the Harvey area. This makes the maximum case of recoverable gas a compelling target and in that context, we are very excited to commit to the appraisal well. If we proved up the most likely gross resource number, Harvey would be the largest field in our gas portfolio and its economics would be significantly value accretive for IOG. We look forward to providing details on the well plans in due course."

-ENDS-

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

[leedskier] 02/11/2017 06:33

Bank Rate is announced today.

[leedskier] 02/11/2017 06:28

David Buik‏
@truemagic68

European opening calls update courtesy of CMC MARKETS - FTSE100 -24 at 7,464, DAX -15 at 13,450, CAC40 -5 at 5,509

[polar fox] 01/11/2017 20:40

Of course.

1. Woman gives detailed story to newspaper.
2. Newspaper invites his comments prior to publication.
3. Fallon resigns the same day.