Labour gov't will affect all of FDR's UK North Sea assets. Labour policy is to increase windfall tax to 78% and end the Investment Allowance.
I like FDR and their business model but UK North Sea right now is a bloodbath. See Deltic Energy, Jersey Oil and Gas, Hartshead Resources or google "Labour UK North Sea Oil and Gas".
Hopefully FDR can progress some other licenses until the UK is sorted.
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| Open | High | Low | Value | Volume |
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