UK 18:31 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Okay that grabbed your attention. I do not believe it but that was the claim made by an industry grey hair as we chatted yesterday. Some will go under however, the world has changed. I look at IGAS, Northern Petroleum, Adriatic Oil, Spitfire Oil, Mosman Oil & Gas in particular and the sector in general in a podcast special
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Comments
Daniel Victor
I 90% agree – 10% is two points – 1.If the shale oil companies pump oil faster,they will deplete faster.Soon,they will have no oil left,and they won’t have been able to explore for more.
2.Just because BP and Shell used to be able to survive on 14 dollar oil,doesn’t mean that they can now.
james
Thanks again Tom, going to cancel my Fleet Street Letter subscription, as actually was paying for very crap costly advice, they still have buy recommendations for wood group, Igas and petrofac and have maintained that stance for the last few months. Garbage, wish I’d found your site earlier and could have saved myself approx. 10K.
Oh well onwards and upwards.
AK47
Thank You for the podcast.
Cliff Morris
Good job there Tom.
James, glad to see someone else agrees with my view on FSL.