Andes Energia Share Discussion Threads

[bc4] 08/3/2017 14:51

Yes the action started at 1pm both ways today

[760il] 07/3/2017 18:40

Newbies

A reminder the action on AEN starts usually at about 1.00pm -1.30PM. Forget about early morning trade. Mostly SETS.

[bc4] 07/3/2017 16:28

Looks like there will be a big push for energy in Argentina in the coming years

[shuell] 07/3/2017 15:49

Argentina's YPF cuts drilling costs; efficiencies push breakeven below $40/bbl

Mar. 7, 2017 10:35 AM ET|About: YPF Sociedad Anonima (YPF)|By: Carl Surran, SA News Editor
Argentina's state-run oil company YPF (YPF -0.5%) has cut horizontal drilling costs by more than half to ~$8M per well from $17M and reduced the time required to complete new wells to 15 days from 40 days, Chairman Miguel Gutierrez tells the CERAWeek energy conference.

The efficiencies have pushed break-even prices to below $40/bbl, a significant gain for Argentina as it tries to attract energy investment into the country, particularly into its massive Vaca Muerta formation.

Despite vast reserves and changes to its subsidy program to offer producers $7.5/MMBtu of natural gas produced through 2020 - a figure well above U.S. gas prices - Argentina is short on energy as production has lagged, and Gutierrez says a bump in output is not likely to curb imports in the near term.

[760il] 07/3/2017 14:30

We could see 50p end of the month here

[760il] 07/3/2017 14:28

Hope it stays under radar.

MMS do not like the herds coming on this one

[bc4] 07/3/2017 14:23

On the move again!

[760il] 06/3/2017 19:30

Yes this move when no one watches.

Lucky for me, I watch sub 28.5p last week.


Best not to watch this one till after 11.00am. There's a reason why MMs do not want this on radar.


It's broken out of the range BTW



Newbies, just remember MMS do keep the spread wide in the morning and there are a few sharp II players here.


stay cool and don't be surprised that a spike of 30% .

[bc4] 06/3/2017 14:33

Could be on the move again?

[bullet ant] 03/3/2017 14:59

wtf is happening!!!!!!

[h1tman] 03/3/2017 14:50

Aloha

:)