Some sector notes.... 1. Tullow looking for more North Sea M&A imo. JPMorgan executive Jeremy Wilson made a non-executive director with effect from 21 October 2013. He has held a variety of senior positions including co-head European mergers & acquisitions and global co-head of natural resources and diversified industrials. Tullow needs to distance themselves from Africa. The region is becoming more volatile with darker clouds gathering on the horizon which has contributed to a depressed sp for Tullow.
2.There is always the North Sea as doubts are also multiplying over the potential for exploiting shale reserves in other parts of the world. Preliminary drilling suggests that many of the shale formations in Europe and China possess fewer hydrocarbons and will be harder to develop than those now being exploited in this country. In Poland, for example, efforts to extract domestic shale reserves have been stymied by disappointing drilling efforts and the subsequent departure of major foreign firms, including Exxon Mobil and Marathon Oil.
https://www.atimes.com/atimes/Global_Economy/GECON-02-171013.html
3.If we come in a little below production year end why not buy some with our debt deal? It's not like Big Stella is not on the way.