Igas Energy Share Discussion Threads

[thewealthofsocrates] 07/7/2016 18:19

In fact, negative rate already exist in the USA. This can only expand.
hxxps://spendmatters.com/tfmatters/negative-interest-rates-already-in-the-usa/

[thewealthofsocrates] 07/7/2016 18:15

Maturation date is in Dec 2018 & the USD will likely not last that long until it undergoes a sell off, given that the US continues to debase their currency,worldwide countries are rejecting the petrodollar system & the 2 main candidates for POTUS are morons.
Expect negative rates in US.
Go long GBP/USD. Buy IGAS.

[andy] 05/7/2016 19:33

Tm's piece today paints a gloomy picture re the bonds.

Bondhlders are senior to equity holders.

[julcester] 04/7/2016 10:05

Additionally, the U.K energy policy is now in disarray and opposition front benches have been decimated, leaving little resistance to the pro-fracking conservative Government.

[thewealthofsocrates] 03/7/2016 00:19

Carney wants to drop rates & that makes bonds with a good yield more valuable. As long as Brexit holds, refinancing won't be a problem as banks are desperate to lend; also,energy prices are going to rise thanks to cheaper GBP.
P.S. Merkel is banning fracking & that means almost the entire EU will likely ban it, leaving the UK as one of few that will continue.
→ Competition gone from EU.

[scantrader] 23/6/2016 09:50

From another writer on that site ...



I've been running a short on this btw, hoping for it to be another complete kill for me like PCI and AFR

[scantrader] 23/6/2016 09:24

Yes. They've been trading at a big discount so available on the cheap,and a predator can then force some sort of debt for equity swap when the company goes into default.(Possible near wipeout for shareholders.)

Tom W has covered the issue on detail on his Shareprophets site over the months and mentions it his podcast yesterday. This looks like yet another AFREN, PCI, GKP, XEL, Circle Oil etc in the making, and has done for a while actually.

[julcester] 22/6/2016 15:46

What does the RNS mean? Is someone trying to get there hands on the secured debt? Trying to acquire a position of influence?

[haydock] 22/6/2016 11:16

Have a dig around the latest articles of No hot air:
This from the 3 great advantages;


The average new rig production from the Marcellus, Utica and Haynesville gas shales is thus 8,039 million cubic feet. That’s only the initial rate, and yes, it declines. Let’s be charitable and say it could be as much as 50%, so we get down to a 4 MMCF after a year. But that’s still a rate, switching to our UK metric system, of 0.041 BCMY, meaning 150 wells would produce half of UK LNG imports, as they would also contribute about $500 million dollars to our tax revenues as opposed to Qatar’s and knock $1 billion off the trade deficit. For those, like us, who want a low carbon world, that evidently also saves a lot of carbon spent freezing, transporting and reheating LNG.

150 wells however, doesn’t mean 150 sites, thanks to multi well drilling from a single pad. The well bore itself is only the diameter of a dinner plate. Imagine a restaurant with one plate per table and that’s what a well pad could hold. There are just slightly less than 150 for example on three well pads in the existing Wytch Farm oil field. Each well would cost ten million dollars or so after the initial ones, and each further one declines in price as the sunk costs of the initial ones cover later investment. Individual wells could be paid off in about 40 weeks.

Wells are very expensive. The industry has zero incentive to drill any more of than needed. It’s only natural people have legitimate fears about the number of them, but it’s illegitimate for protestors to consistently over-exaggerate the number of them too.

Latest article on Shell, moving fast into shale.
How long before the dominant I-gas postion in U.K shale pays off with another deal ?

[ftangftang] 20/6/2016 08:43

top tip ... if you replace htt with HTT the links will work

cheers
ft ft

[hawkwind4] 10/6/2016 14:09

Offshore and onshore wind farms combined currently supplying us with just 0.57% of 1% equal to 0.19gw of current required energy demand of 33.17gw. Wow must invest in wind, not.

Gas and coal delivering 52.58% of the demand equal to 17.44gw.

Check out hxxp://www.gridwatch.templar.co.uk/

[haydock] 09/6/2016 12:35

hxxp://utilityweek.co.uk/news/igas-chief-uk-shale-gas-viable-if-it-can-match-us-flow-rates/1249672#.V1lTy4-cH5q

[haydock] 03/6/2016 21:46

hxxps://drillordrop.com/2016/06/03/igas-plans-for-nottinghamshire-shale-gas-drilling-open-for-comment/

[haydock] 31/5/2016 15:19

hxxp://www.nohotair.co.uk/index.php/shale-gas-2015/238-gas/3302-can-shale-gas-grow-up-and-move-to-town-2

[thewealthofsocrates] 27/5/2016 08:20

Rising gas prices due to outages in Norway:

[haydock] 26/5/2016 19:54

North west news, announce that : Ineos will prospect & apply for fracking in Cheshire.
The starting gun did go off !!

[petejay] 25/5/2016 09:48

Igas gets a mention in Daily Mail market report

[haydock] 25/5/2016 08:52

Update all going well, if steady.
More applications expected, for fracking.
2 wells in Weald, could be interesting ?

The main good news is :

o 405,000 barrels hedged to June 2017 at a floor price of $50.25/bbl as at 30 April 2016
Price / b 2016 expected to be $30/b

[haydock] 24/5/2016 08:47

Ah well: getting lonely at the top of the leaderboard !!!!!

[haydock] 23/5/2016 20:18

Deliberatly kept the presentation very low key & professional.
In contrast to the emotive locals of Friday.

The anti's this a.m had some very good convincing points about the monitoring & regulations, but clearly as this was a drilled hole in a gas area, with a massive tall theme park next door it was not enough.

Is this perhaps at last the first of many?

Ineos approach is also very professional, on their web sites, they are clearly on the march.

[cheek212] 23/5/2016 19:11

Fracking approved