"Advises and invests in technology and energy based companies and currently has a 2.5% stake in North Sea oil and gas company Faroe Petroleum.."
http://www.parkmeadgroup.com/parkmeadgroup/

"Mr. Tom Cross has become Executive Chairman. Mr. Cross has been a non-executive director of the Group since October 2006. He will take up office as Executive Chairman on 9 November 2010.
Mr. Cross is founder and Chief Executive Officer of Dana Petroleum plc, which is currently being acquired by the Korea National Oil Corporation in a deal worth approximately $3 billion dollars. He is a Chartered Director and petroleum engineer with extensive energy sector experience, spanning projects in more than 20 countries. In 2005, Tom was elected Chairman of BRINDEX, the Association of British Independent Oil Companies and he continues in that role. He is a Fellow of the Institute of Directors and has served as a Chairman of the Society of Petroleum Engineers and an advisor to BBC Radio on oil and gas affairs."

The Board of Parkmead reports that Mr Brian Wilson and Mr Faysal Hamza are retiring from the Board as Non-Executive Directors with effect from 21 December 2010.

Mr Wilson and Mr Hamza have served Parkmead with distinction, through a period of significant change in the Group, culminating with the successful acquisition and integration of Aupec Limited. They will continue to play a role within the Group in an advisory capacity.

The Board is also pleased to announce the appointment of Mr Philip Dayer and Mr Ian Rawlinson as Non-Executive Directors of the Group with effect from 21 December 2010.

Philip Dayer was a Non-Executive Director of Dana Petroleum plc from 2006 until its recent sale. Mr Dayer has over 20 years of public market and corporate finance experience.
Ian Rawlinson was also until recently a Non-Executive Director of Dana Petroleum plc, serving from 2005 until its sale in 2010.

the chart on #245 tells a much more accurate picture

there are currently reasons to buy some of the E&P oilies - eg PMO - but PMG is and always has been a cardboard company

invest more wisely!

You mean digest more whisky....!.....try Rockhopper guys..(RKH)....heck of a lot of positive updates coming perhaps....sp is rocketing....

Parkmead awarded nine new UK oil and gas blocks

Diever West production reaches record new high

Parkmead, the UK and Netherlands-focused independent energy group, is delighted to announce it has been provisionally awarded nine offshore blocks and part blocks spanning five new licences in the UK 30th Licensing Round.

These newly awarded licences will all be operated by Parkmead and are located in the Central North Sea, Southern North Sea and West of Shetland areas. Two of the new awards cover the highly prospective Skerryvore area and contain seven new prospects, three of which are stacked. The awards also include acreage containing the Lowlander oil field, in close proximity to Parkmead's Greater Perth Area ("GPA") oil hub project. The addition of Lowlander increases Parkmead's 2C resources by 29% to 95.3 million barrels of oil equivalent ("MMBoe").

These awards, which include a range of new exploration prospects, in addition to a number of proven discoveries, follow on from Parkmead securing nine new licences covering a total of 12 offshore blocks in the UK 28th Licensing Round awards.

StockMarketWire.com
Oil and gas producer Parkmead Group reported a deeper annual loss after it almost doubled spending on exploration.

Pre-tax losses for the year through June amounted to £5.9m, compared to £4.3m of losses on-year.

Revenue rose 70% to £7.0m and gross profit, which strips out exploration spending and other costs, more than tripled to £4.1m.

Production at the Diever West gas field in the Netherlands was enhanced, the company said, and achieved a new gross average monthly high in May 2018 of 56.9m cubic feet per day.

what a joke of a cardboard company this is .... yet another where lemmings were foolishly sucked in at the outset

Had you invested in late 2017 you could have doubled your money!
I keep throwing out these little gems for you, but it appears they are falling on stony ground! ;o)

and if you had invested in 2011/12 ......... well the chart says it all