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BCE Beacon Energy Plc

0.055
-0.0025 (-4.35%)
Last Updated: 11:38:03
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Beacon Energy Plc BCE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.0025 -4.35% 0.055 11:38:03
Open Price Low Price High Price Close Price Previous Close
0.0575 0.0525 0.0575 0.0575
more quote information »
Industry Sector
CONSTRUCTION & MATERIALS

Beacon Energy BCE Dividends History

No dividends issued between 21 May 2014 and 21 May 2024

Top Dividend Posts

Top Posts
Posted at 26/4/2024 16:39 by reidy66
Ah .its all in German lolIf you Google ...lse bce share chat you'll see the English version on the chat thread
Posted at 06/3/2024 12:41 by currypasty
spread bet
Posted at 05/2/2024 12:42 by monet
From a another forum. Lot of people like me are shifting profits from HE1 (more then 10 x bagged in a week) to BCE.
Posted at 23/1/2024 08:44 by likeawalrus
I'm trying to find BCE on companies house to view their filings - no luck so far. Is it an IoM company? thx
Posted at 13/11/2023 08:22 by wally27
#BCE currently around £20 mil mcap...


New note from Tennyson:

Beacon Energy (BCE LN) announced a substantial increase in reserves at its Erfelden oil field this morning following its successful SCHB-2(2.) well drilled earlier this year. As previously announced, the well, situated in the upper Rhine basin onshore Germany, encountered a thicker than expected reservoir section with excellent reservoir properties. Furthermore, the company’s understanding of the subsurface model has improved, with new datapoints tying the reservoir to seismic lines allowing for better mapping of the reservoir across the field (particularly into the adjacent Schwarzbach South segment). Pressure and gas ratio analysis suggests that there is no material fault offset between the two segments, and accordingly the company expects that the currently defined contingent resources associated with this section to be reclassified as reserves, justified for development.    The upshot of these revisions is that the best estimate (i.e. 2P) reserves will increase to 7.24 mmbbls (+91% from previous estimates), with the high case now above 10 mmbbls recoverable (+77%). These additional reserves will be incorporated into a new full field development plan, from which the full economic impact of the additional volumes could be established. For a rough estimate, however, we can use the CPR NPV10 unit valuations in the previous high case (which looks broadly consistent with the new, best estimate case) of €18.3/bbl and apply it to the updated reserve numbers. This suggests an implied NAV of US$141.6m in the best estimate case, and just under US$200m in the high case.  Meanwhile, operations to start commercial production from the SCHB-2(2.) well continue, with the rod pump (required to finish clean-up operations) in the process of being installed. Production at the rod pump capacity of around 250 bbls/d is expected in the next fortnight, with an electrical submersible pump (ESP) to be installed once clean-up is complete (anticipated in mid-Q1 next year). With ESP support the well is expected to produce at rates in excess of 900 bopd based on industry calculations, however the full productivity of this well can only be established once clean-up operations are complete. The next steps for the company will be an update once the rod pump is installed and producing. Meanwhile adjustments will be made to the original field development plan to account for the additional volumes discovered by SCHB-2(2.), alongside a formal update of the CPR, likely in the new year.
Posted at 13/11/2023 08:03 by steephill cove
BCE reserves nearly DOUBLED from 3.8 to 7.2M Barrels of Oil.

The high estimate nearly TRIPLES it to 10M Barrels of Oil.

Well done BCE Management Team 👏

BCE share price 📈⬆5039;🆙✅;💪
Posted at 13/11/2023 08:01 by steephill cove
BCE fundraised GBP4.3 million with new and existing shareholders on 15 September 2023.

They do not need further funding 😆

Ignore the derampers trying to suppress the very positive BCE RNS news today 📈⬆5039;🆙✅;👍
Posted at 13/11/2023 07:26 by steephill cove
BCE reserves nearly DOUBLED from 3.8 to 7.2M Barrels of Oil.

The high estimate nearly TRIPLES it to 10M Barrels of Oil.

Well done BCE Management Team 👏

BCE share price 📈⬆5039;🆙✅;👍
Posted at 13/11/2023 07:18 by steephill cove
BCE Flow rates likely to exceed 900 BOPD with ESP

BCE share price 📈⬆5039;🆙✅;👍
Posted at 13/11/2023 07:15 by steephill cove
BCE Reserves Upgrade

Erfelden field has increased from 3.8 mmbbls (pre-drill) to 7.2 mmbbls (post drill).

With a high estimate of 10 mmbbls.

BCE share price 📈⬆5039;🆙✅;💪

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