Here is an article by Aaron Fronda that sheds light on what...

Here is an article by Aaron Fronda that sheds light on what external pressures Premier Oil has.

The stock hit an all-time low of 12p in mid-March after the hedge fund Asian Research & Capital Management (ARCM) – one of Premier Oil’s major creditors – warned the oil and gas company risked running out money amid the slump in demand due to Covid-19.‘Premier Oil should be focusing on its cash flow position and protecting the balance sheet as a matter of priority,’ ARCM said last month.

https://www.ig.com/uk/news-and-trade-ideas/premier-oil-rallies-10--on-prospect-of-opec--supply-cuts-200406

I had a crack at buying at 0.009 today ( after I cancelled my sell orders at 0.50). What was it that Buffet sed...

I tell myself (repeatedly) that I am investing in the North Slope and that 88e's is still a very strategic and to some degree unique player.
The North Slope, The North Slope and what a slippery bloody slope it is.

Been with 88e since Tangiers..... some apprenticeship hey folks.

Looks like I'm still stuck here with Matron on Esso Marigold in Bass Strait.

Take care and don't anyone cut their wrists; the proportionally challenged lady aint sung yet.