88 Energy Share Discussion Threads

[deccer1] 02/8/2017 12:12

Water, water, anyone want to buy shares in a company that has announced it has lots and lots of water!!!!!!!!!!!!!

[kirkuk] 02/8/2017 11:53

Like the look of the oil shows in the jars at the
top of this thread.

[rossowheels] 02/8/2017 11:43

This has been taken down so much that the slightest hint of oil shows will send it flying IMO

[keveeee] 02/8/2017 11:21

Obviously not heard latest on Tim(0) then brown crumbly one, its been reported he wandered off into the long grass and like a scene from Jurassic Park the raptors have got him so we wont be seeing him again.

[ocso1979] 02/8/2017 08:14

Feel sorry for TimO than the gentlemen club than bailed out and bhought in CTAG that one gone absolute zero.
Rampers did a massive damage with the old blind LTHs as well.

[euroto] 02/8/2017 08:13

This has become a board for the thick , stupid and illiterate this morning ? Innit .

[ocso1979] 02/8/2017 07:59

Captain Brombarb say kill the subject a the blind luthenant follow him.

[potter25] 02/8/2017 07:35

Plenty of deramping going on! Always a good sign.

[deccer1] 02/8/2017 07:34

water water !!!!!!!!!!!!!!

[ocso1979] 01/8/2017 23:08

I'm back. Well LSE main gentleman's see their profit nicely evaporating. MM the main clow to proud to get out. Bombard is tricky he is a clever trader. The rest well underwater. Yet again DW incapable to write a normal straight forward RNS before flow test start.
Should have stated that there is a risk of shut nothing to worry.
It has past 4p twice and lot of people were hopeful that it will pass 5p as well.
Worst case scenario come we got hit and the trust has gone.

[jakes114] 01/8/2017 22:57

So the first hole didnt flow, with your thinking, strange or had you forgot

[11_percent] 01/8/2017 21:30

Binary, try to think.

If it flows, and commercial, then 5p.

Dose not flow..... = zero.


Forget about value.

[tidy 2] 01/8/2017 20:33

This is way overvalued. The end.

[potter25] 01/8/2017 13:04

I believe those reaping the rewards from ukog will want create a little doubt here for lower entry! Sadly this common practice and a trading strategy! Disgusting is say. Anyway onwards and upwards good luck to all genuine holders.

[unabkxb] 01/8/2017 13:01

11%Whats not good about the pressure rising ?

[neversatisfied] 01/8/2017 10:52

Tidy..would listen if you had any credibility left at all. Your Lgo days were laughable.

[tidy 2] 01/8/2017 10:38

Until this flows all they have is 2 very expensive holes in the ground. Time is money and without flows or something to see for the cash spent the light is looking limited here.

[deccer1] 01/8/2017 08:48

water water !!!!!!!!!!!!!!!!!!

[cpap man] 30/7/2017 18:55

United Oil & Gas [UOG]



Barney Gray [Oil & Gas Analyst]



Leveraging experience to build a portfolio

United is an independent oil and gas company established by two former senior employees of Tullow Oil in 2015. United’s strategy is to leverage management’s experience and contacts within the oil industry in order to acquire an exciting portfolio of hydrocarbon assets. The company has already secured an interest in the Waddock Cross oil field in the UK and agreed to farm into the drill-ready Selva gas field in Italy. With the company currently conducting an RTO of Senterra Energy, we believe that United is poised to accelerate significantly the development of an exciting European- focused oil and gas business.

United’s strategy is to build a portfolio of oil and gas E&P assets with an initial focus on the UK and Europe. In particular, the management has demonstrated expertise in evaluating oil and gas assets and subsequent farm-in opportunities. Further expansion of the company will likely focus on assets within stable political and fiscal regimes and management is keen to leverage off its contacts within the industry to gain access to early divestment opportunities and avoid auctioned transactions.
United acquired interests in the Waddock Cross field (26.25%) and the associated exploration upside (18.95%) on licence PL090 in Southern England in July 2016. The field was shut-in in 2014 due to an excessive water cut. However, reassessment of existing 3D seismic data has indicated that two wells to probe the crest of the field well above the oil water contact have the potential to boost production significantly by 2018/19.

We expect that United will participate in the first of a two well programme in Q4, whereby a successful result will de-risk the field significantly. Consequently, we anticipate that the company’s maximum financial exposure to Waddock Cross will be approximately US$0.6m by the end of 2018.

In Italy, United has signed an exclusive option with ASX-listed Po Valley Energy to acquire a 20% interest in the Podere Gallina licence in Northern Italy under a capped 2 for 1 farm-in agreement. This licence contains the currently shut-in Selva gas field in addition to several exploration opportunities on the surrounding block.

United understands that a single well drilled updip to previously exploited areas of Selva will access at least 17 BCF (gross) of gas resources located in very high quality reservoir. As such, Selva has the potential to produce gas at stable plateau for up to eight years providing a very attractive source of long term cash flow to United.

On the exploration side, United has identified the Broadmayne prospect on UK licence PL090 as possessing major potential upside, whereas in Italy, the Podere Gallina licence exhibits several interesting prospects, one of which; East Selva could provide significant upside to the re-development of the main Selva field.

In the context of the imminent RTO with Senterra, we have established a conservative NPV valuation of US$11.1m (£8.8m) for United which focuses on the core assets within the portfolio. This is equivalent to a pro forma fully diluted value of 3.8p per share assuming a total of 228.9m shares in issue. For illustrative purposes, we also calculate that the upside valuation for the company could be as high as US$38.0m (£30.3m) on an unrisked basis, equivalent to 13.3p per share on a fully diluted basis.

[potter25] 29/7/2017 18:32

Apart from the deramping pressure gauge going high all looks well imo.. news / update expected soon..

[11_percent] 29/7/2017 17:50

Ride DaIce27 Jul '17 - 10:38 - 13306 of 13310    0   0
How are the gauges looking ?

----------

Not good.
Have been talking to my man on the site........the pressure gauge came up to full pressure, whith in a week.

[top tips] 29/7/2017 11:17

Highlands Natural Resources (HNR) is now the place to be. They drill their first well in East Denver during August - a "P1" proven play with dozens of locally producing wells from the same formation, not a speculative play. They also have the patented DT Ultravert system which is worth at least six to ten times the current company market capitalisation, and the Helios 2 helium + methane regional play which now also includes the recently identified Eagle gas formation. A modest £12m market capitalisation, so could easily 20 bag.

HNR Interview, 12/7/2017 (13 min 5 sec onwards):

www.audioboom.com/posts/6098816-825-phoenix-global-mining-pgm-highlands-natural-resources-hnr-john-meyer-on-mka