Beacon Energy Share Discussion Threads

[avenue_of_revenue] 19/8/2023 13:00

"The electrical wireline logs demonstrate that this well has the capacity to materially increase the Company's production and revenue as the well is brought onstream through our wholly-owned and operated existing facilities. This is a very important step in the Company's aspiration to build a self-funding platform for growth.

"The operations team will now focus on completing the well for production and we will update the market as appropriate".

Anticipation and excitement building.

[bmwman3] 19/8/2023 09:15

FROM LSE It would have closed at 0.18p but mms didnt let it trade freely until the last 10 minutes .They must have been waiting for enough que of buyers and the confidence to ket it go .It should open at 0.18p Monday morning to get sellers in ,anyone not in the que already and will be looking at over 0.2 amd then 0.25 to 0.35 by Tuesday I am very happy with my guess ,to me this closed at 0.18p in real terns.My estimate after production tie in of .5p is also higher ,another 50 to 100 % if and whern the increase in reserves is confirned.

[bmwman3] 19/8/2023 09:13

0.5 has to be a pretty immediate target from here. Look at t he values of explorers who have only a sniff of oil and are on the cusp of drilling they all rerate big time, eg. UPL. We have hit oil, it's great quality and better than expected depths. At .14 we are still priced to fail imo. Production literally good to go within a few weeks. Another example may be 88e remember the spike from .3 to 3p in a couple of sessions! Again they hadn't even hit anything and when they did it was a duster! Next week will be interesting.

[bmwman3] 19/8/2023 09:11

LSE POSTER. I've always said this will be one whole pence per share, it was just a question of when I reckon we might see 1 Pence by year end, no worries. But the even more interesting bit is potential for the 22 mill barrels development fields. We're literally talking mid cap status ??

[z1co] 19/8/2023 09:05

There are always some that sell on the news.

This upward momentum in the share price is just the start, the shares are likely to rise many fold over the weeks/months.

The next piece of news is not too far away.

The company will provide an update after the reservoir clean-up and production testing which is likely to happen by the middle of next week at the most.

[hms687] 19/8/2023 04:32

ONE WHOLE PENCE BY END OF YEAR

[bmwman3] 18/8/2023 22:21

https://ukinvestormagazine.co.uk/beacon-energy-oil-gas-company-shines-a-light-on-its-schwarzbach-2-well-on-the-meletta-reservoir-with-well-nearly-1-5bn-shares-traded-in-first-couple-of-hours/

[bubloo] 18/8/2023 20:57

compared to trinity petroleum this appears severely overvalued
trinity market cap 35 million with 3000bpd production, , about 15 million in cash, Jacobean well likely producer in next two weeks
whereas Bce ev value of about 36 million with hardly any production.
I DID THINK OF BUYING ON RNS AND GLAD DID NOT, INSTEAD WENT FOR MORE TRINITY

[mr motivator] 18/8/2023 17:24

F911 did say a surge was coming at 15.29; his crew must be the one loading that 23m and 24m, 18m.

It takes volume for a surge.

0.20p will be smashed Monday morning.

There's a massive uptick in buys when he said a surge was coming.

I wish he told us in the morning.

[robwalsh25] 18/8/2023 17:06

More of the same on Monday and we are at 0.22 happy days. Trolls will burrrrrrrrrrrrrrrrrrrrrrrrn 🔥🔥🔥🔥8293;🔥Ԃ93;🔥🔥;🔥🔥🔥🔥
28293;🔥€293;🔥㈝3;🔥🔥🔥🔥🔥🔥8293;🔥Ԃ93;🔥🔥;🔥🔥🔥🔥
28293;🔥€293;🔥㈝3;🔥🔥🔥🔥🔥🔥8293;🔥Ԃ93;🔥🔥;🔥🔥🔥🔥
28293;🔥

[vatnabrekk] 18/8/2023 17:04

The trolls seem to have latched onto this company. There needs to be a clear-out.

[z1co] 18/8/2023 16:54

You been deramping all day today and it's finished UP 49% @ 0.152p.

This will be a lot higher by the close of business on Monday and even more by the end of next week.

Time to relax and let your money make lots of more money.

M U L T I B A G

[greypanther2] 18/8/2023 16:49

Deramp? So what!

[z1co] 18/8/2023 16:49

As expected the one more tick up has happened and it's closed at 0.152p UP 0.05p , 49%

[jameschilds176] 18/8/2023 16:44

Im here to deramp all weekend Watch

[johnjames876] 18/8/2023 16:44

They all log off at 16.30 dnt they the li