Ithaca Energy Share Discussion Threads

[bountyhunter] 06/10/2016 11:05

jumbo, thanks for posting those links

[rivaldo] 06/10/2016 10:33

Good statement today. Finncap retain their Buy and 96p target:

[sawadee3] 06/10/2016 09:52

I'm a holder but i prefer every thread to have at least one doom n gloomer, the more the better though :-)

It just makes my profits seem all the sweeter :-)

Happy days chaps :-)

[ngms27] 06/10/2016 09:03

yellowdog then you are barking

[yellowdog] 06/10/2016 08:39

Even if it's delayed so what? I'm in for the long term 5 plus years.

[rich73] 06/10/2016 08:34

LOL FSA, still peddling your doom, that short must be hurting... try the men with their ears on the ground. I didn't repeat here, but Dubler (on LSE) actually said "Hydrocarbons to surface in next 2 weeks, taps on in next month".

That was in advance of the company 3Q update, so to me they have issued a cautious update and November actually looks good (at the moment) which even surprised me somewhat. We just need POO to stabilise in a higher range, which is also looking good as still in the upward channel from the March low and OPEC have blinked first. :-)

[the monkster] 06/10/2016 08:26

aye, down 2 by COB is my bet

[fsawatcher] 06/10/2016 07:56

ok laugh all you like

but i laugh last

be cautious on ths one coz they disappoint in the past

[che7win] 06/10/2016 07:52

Excellent update, very pleased.

[jonc] 06/10/2016 07:52

The lol was to FSA.

[bountyhunter] 06/10/2016 07:49

I thought the 'tone' of the RNS was very positive although I don't have my tuning fork at hand :-)

Next investor conference call details added to the end of the header, should be first oil from Stella by then.

Brent now at $51.69

[fsawatcher] 06/10/2016 07:45

it look like they forward sold some hedges

hedge price dropping fast

they used to be $67 but now $56 or $59

why the company not mention hedges thru to mid 2017?

ave these been sold in anticipation of higher PoO?

there no way they have first oil within their 12 week guidance

that now become 16 week guidance coz they jus say 'november'

sub sea work shoudda been sorted by week 6 not week 9

non stella production goin to be down by 15% due to shut down on brent line

i dont like the tone in the rns, it sound a little cagey

might be some troubles ahead

[bountyhunter] 06/10/2016 07:40

very happy with this morning's update :-)

[lfdkmp] 06/10/2016 07:38

All good progress. No unpleasant surprises. November not far away :-)

[gersemi] 06/10/2016 07:03

Heading in the right direction on all fronts