Saturday November 01, 2014
Real Man Supports the Westminster Group Ebola appeal – will you?
Weekend caption Contest: Quindell/QPPSAG Edition Results
The deaths of my mother and aunt

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , ,

Northern Petroleum – Tosca well abandoned – almost irrelevant

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

AIM listed oil and gas producer and explorer Northern Petroleum (NOP) farmed out its La Tosca gas play in the Po valley. So its costs in drilling the well were trivial. It was announced today that the well has been abandoned as a write off. In the greater scheme of things this is pretty irrelevant. It might have been worth a couple of pence per share to Northern it is now worth zero pence in total.

In contrast

Read the full article on ADVFN | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.

Video postcard from Tom

Weekly video postcard - Ukraine, blowback, UKIP and the Euros