Beacon Energy Share Discussion Threads

[pacman9] 13/11/2023 07:53

I haven't seen anywhere in the last updates stating the esp would be installed in November. In the update in early September and in the interim results, they simply stated the eventual installation of the esp. They have now put a time on that at mid Q1.

[sos100] 13/11/2023 07:47

bad gateway - impossible to answer your question as companies like this will always raise at some point

Hopefully not stupid enough to do another one so soon after the last🤔

[bad gateway] 13/11/2023 07:36

why would anyone be short on bce? They're already on a low. Will look through the cpr again pacman and see if you're right. Know for sure they were to have had the first pump installed during oct and the 2nd pumping 900bopd during nov as they told us all in the placing rns et al.
Genuine question how do you think funds are now and do you believe they'll last til they're producing decent rates?
Don't want to be spiked again.

[steephill cove] 13/11/2023 07:30

Pacman9, that is a Bad Gateway deramp because he is probably short on BCE. Filter him & move on ✅

Expect a few more derampers popping up on this thread today because they will be trying to mitigate their losses 👍

[pacman9] 13/11/2023 07:29

It also clearly states that they expect esp installed by middle of Q1, not sometime next year.Could you show me the line which states they have to pump 800 bopd or need to raise.

[steephill cove] 13/11/2023 07:26

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;🆙✅;👍

[bad gateway] 13/11/2023 07:26

No have you forgotten that most of those were to pay debts from the delays in drilling so far?

[pacman9] 13/11/2023 07:25

They've already raised funds. Have you forgotten.

[bad gateway] 13/11/2023 07:18

Pretty sure their cpr stated they needed to be producing with the 2nd pump during Nov to avoid a need for funds. Believe it was 800 bopd they needed?
They haven't installed the first pump yet and don't expect the second til sometime next year so would have been good if they'd confirmed their cash position imo.

[steephill cove] 13/11/2023 07:18

BCE Flow rates likely to exceed 900 BOPD with ESP

BCE share price 📈⬆5039;🆙✅;👍

[steephill cove] 13/11/2023 07:15

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;🆙✅;💪

[reidy66] 13/11/2023 07:05

Rns lads Boom.time.today!!

[karina] 12/11/2023 22:02

Do you have a link for the telegram group please ? Think we are in for a good month

[wally27] 12/11/2023 21:24

Posted on #BCE telegram group just now...

load up this week all - i have heard from contacts in drilling world (Halliburton) that the whispers are that all cleaned up and good flow rate- i have had to delve deep into my contacts for this. i am MD of an oil company out of Houston that supply many oils to service companies dealing with offshore and onshore drilling. GLA

[eggbird] 03/11/2023 11:34

Chart looks ready!!

[sos100] 03/11/2023 11:29

about time they gave an operations update

[karina] 03/11/2023 11:21

Quiet here. All things considered

[apotheki] 31/10/2023 10:35

Nice an' blue skies so far today @ BCE

[pacman9] 30/10/2023 12:06

I would be very surprised given the maximum a rod pump can manage is 250 bopd.