Phil Kirk Interview on North Sea Oil Production

The transcript discusses a company's strategy to become a leading independent in the UK by focusing on production and acquiring assets from major companies like Shell. The company aims to maintain low operational costs and ensure job security for its staff. It plans to make further acquisitions in the North Sea and has hedged its Brent price. The company sees opportunities as major players shift focus away from the UK continental shelf.

What are the company's expectations regarding future acquisitions in the North Sea?

Why do some major companies appear to be turning their back on the UK continental shelf?