Andes Energia Share Discussion Threads

[bc4] 02/5/2017 14:09

L2 560.000 vs 153,000

[bc4] 02/5/2017 14:07

AEN down 9% earlier now up someone really pushing

[kingkev2] 01/5/2017 19:33

Smith 74 - try here:-

[smith74] 01/5/2017 15:23

this is what I found....100'000 acres are still enough ;)

Effective April 27, 2015, the Company entered into an agreement (the “AgreementR21;) with the Province of Mendoza government to transfer unused work units from the first exploration period (“Period 1”) to the second period (“Period 2”) and thus extend the concession to May 2017 with an option to extend Period 2, at the Company’s request, for one additional year to May 2018.
Pursuant to the Agreement, the Company relinquished certain acreage which had been either sterilized because of environmental considerations or had restricted/prohibited access due to the presence of the European Space Agency’s Deep Space 3 antenna on the Permit, or deemed non-prospective by the Company. The relinquishments reduced the acreage of the Permit to the current figure of approximately 100,907 acres and reduced the remaining outstanding Period 1 work units to approximately 780, thereby reducing the remaining Period 1 expenditure commitment to approximately $3.9 million, which was transferred to Period 2. As a result, Period 2 commitments increased from $750,000 to $4.6 million plus one exploration well which must be incurred by May 2017 or, at the Company's request, May 2018. Should the Company fail to complete its work commitments within the specified time period, it must surrender the concession exploration lands.

[smith74] 01/5/2017 15:13

from 2016 presentation


Neuquén Basin (Cerro de Los Leones) 100% working interest ~ 100,000 acres
• Vega del Sol Q4 2015 re-entry program– Production testing of the X-3 well to commence in Q4, fracture stimulation of X1 well under consideration for Q4.

It is clear that this land (is worth 1,1B USD @11K per acre...based on last transaction Shell/YPF)
...they have no cash but any deal (farm out, etc...) could be worth your 30c per share.

NOTE in 2015 in their presentation CWV declared an acreage of 306'646 (net acres....and in 2016...only 100'000) did anybody follow what happened?

[smith74] 01/5/2017 14:53

sorry but where do i find the posters?

The comment on CWV is also interesting.....I'll check their acreage Neuquem

[smith74] 01/5/2017 14:49

Thanks for your response....I reviewed the details

I agree with you but if you take the Neuquen the comparison is between 250k acres AEN/200k acres MNV..
and at 10K USD per acre....and you get valuations of 2 to 2,5 Billion USD ;))

AEN has 2,8 MM net acres in CHUBUT and 2,9 MM in Noreste (0,7 M for MVN).


Naturally the joint development with YPF is very important but considering all together
MVN @ 65MM USD market cap seems cheap?


I was reading 2 recent articles on CHUBUT:
(NEGATIVE) Sinopec is retiring from CHUBUT hxxp://www.elpatagonico.com/sinopec-se-retira-chubut-y-deja-un-yacimiento-colapsado-n1548810
(POSITIVE) An agreement is being signed tomorrow with unions hxxp://eldiariodemadryn.com/2017/04/chubut-sella-acuerdo-petrolero-con-la-formula-vaca-muerta/

[cerrito] 01/5/2017 14:25

Well done to those who did not do as I did and sell in the mid 30’s., although I was pleased with my performance with AEN.
I think I focused too much on the high financing costs the company faces and not enough on the strategic value of its assets.
Will continue to monitor given the thin market of shares and hence unpredictable moves in the share price

[kingkev2] 01/5/2017 11:23

crown point energy (canadian stock) hold acerage in Neuquen. I bought into these MVN and AEN a few years back - before the oil crash, and have been in the bottom draw ever since. AEN was brought to my attention after reading a Times article backin 2014? Worth a read if you can find it.If you're interested in MVN there used to be some informed posters on the stockhouse forum back in the day.

[smith74] 01/5/2017 10:40

Thanks for your response....I reviewed the details

I agree with you but if you take the Neuquen the comparison is between 250k acres AEN/200k acres MNV..
and at 10K USD per acre....and you get valuations of 2 to 2,5 Billion USD ;))

AEN has 2,8 MM net acres in CHUBUT and 2,9 MM in Noreste (0,7 M for MVN).


Naturally the joint development with YPF is very important but considering all together
MVN @ 65MM USD market cap seems cheap?


I was reading 2 recent articles on CHUBUT:
(NEGATIVE) Sinopec is retiring from CHUBUT hxxp://www.elpatagonico.com/sinopec-se-retira-chubut-y-deja-un-yacimiento-colapsado-n1548810
(POSITIVE) An agreement is being signed tomorrow with unions hxxp://eldiariodemadryn.com/2017/04/chubut-sella-acuerdo-petrolero-con-la-formula-vaca-muerta/

[kingkev2] 01/5/2017 08:44

Smith 74 - I've been asking myself the same question, however, MVN have circa 1m net acres whereas AEN have 6.2 net acres (not all in vacs muerta) and is partnered in a number of licenses with YPF. I suspect the recent raise in share price is in anticipation of any land grab by the majors - in my opinion.

[smith74] 30/4/2017 23:00

Can somebody explain the gap in valuation between AEN and MVN (canadian share with activity in Argentina) MVN can be considered as the twin on AEN with a maket cap of CAD 87M....approx 8 TIMES LESS.
Perhaps people thing it is a canadian company....
...i think i will get some MVN

[kingkev2] 28/4/2017 19:22

https://www.spe.org/en/jpt/jpt-article-detail/?art=2941

[lex artis] 28/4/2017 17:58

LOL

I think they know, but they been here in lows just like you. It's not them u need to worry about. It's the chasers, but good thing they are not interested about this one, as it does not move 50% in one day. :)

How come you post only on AEN?


From the pattern, we know what they will do on Tuesday though, they been pretty consistent about the technique.

[bc4] 28/4/2017 17:38

some people are not right in the head, I wont point them out they know who they are

[gersemi] 28/4/2017 11:32

Well, I've only got a few here so let's see what happens!

[760il] 28/4/2017 11:25

Need to keep it under radar till 90p-100p is hit. They changed tactics a few weeks ago.

Andy Shuell been around since 25p. Look at the feb posts. He googled about the argies news at the time.

This is what got me very interested



shuell - 24 Feb 2017 - 13:36:25 - 663 of 719 Andes Energia Plc- Latin American diversified Energy Co - AEN
Argentina's YPF says it reached a preliminary deal with Royal Dutch Shell (RDS.A, RDS.B) to develop oil and gas assets in the Vaca Muerta shale field, involving a $300M investment from Shell.

Both companies will take a 50% stake in the Bajada de Añelo field to develop a pilot program, which will be operated by Shell, YPF says.

The deal comes after Argentina Pres. Macri reached an agreement with oil companies and unions last month to stimulate investment in Vaca Muerta, which contains the world's second largest reserves of shale gas.

[gersemi] 28/4/2017 10:56

Of course if yer lookin' for a very safe oil company investment generating significant amounts of free-cash (50% of its market cap in free cash every year) (and zero debt) you may want to look at Serica (SQZ). North Sea based but on the verge of an uplift in production from new production assets to be bought..great management as well

Only holding a few though

FPM and SQZ (no debt, north sea and excellent prospects)..I bet FPM get taken out by Delek (they bought Ithaca) before year end

[gersemi] 28/4/2017 10:41

This is from the IC dated 5-Aug-2016

27. The Vaca Muerta (literally, 'dead cow') is the only oil-producing shale outside the US, and - depending on who you ask - the second- or third-largest shale resource anywhere. The US Department of Energy estimates that the shale contains as much as 27bn barrels of oil and 800 trillion cubic feet of gas, and a Goldman Sachs' report compared the resource potential with the Bakken formation either side of the US-Canada border. Past oil production has left a solid infrastructure legacy, although limited pure-play opportunities for UK investors. One exception is Andes Energia (AEN), which holds approximately 250,000 net acres in the formation, currently producing 45,000boepd.

Type: speculative, unconventional

-

Look at those figures...unbelievable and the Argie Govt has fixed domestic gas prices to afford positive margin production

[gersemi] 28/4/2017 10:34

gf1

This is my own opinion and please don't use it to buy shares in AEN. I'm no guru nor am I qualified to offer professional advice and nor should it be construed as such

The Argentine govt have performed a volte face on shale exploration and its exploitation..They need foreign investment and they need energy self-reliance..to achieve that they have been forced to restructure their tax and legal position in this area to make it more investment friendly..that's a massive fillip and a game-change for this stock. If Argentina is good enough for Shell it's good enough for AEN

Moreover AEN have secure debt backing to proceed at Vaca Muerta..confidence indeed

And AEN is sat on some valuable property according to MGW..yes, he's not everyone's cup of tea but he's well connected and worth listening to



AS EVER, NOTHING IS GUARANTEED in the oil sector so only risk what you are comfy with

[bc4] 27/4/2017 17:26

Great find Gersemi things seem to taking off big time in Argentina oil majors fighting for a piece of the action 50p may look cheap in 6/12 months time