Europa Oil & Gas (holdin... Share Discussion Threads

[dunderheed] 16/10/2022 09:06

Pro you're not trying to sell (down) your over leveraged position are you?

[royalalbert] 16/10/2022 08:47

Don't always agree with some of your posts PRO, however this seems a good price, wressle is producing and due to be scaled up meaningfully.

Approx production to EOG is 208boepd, profit £0.7m (on a oilprice of $77.84), plus other assets (Interims 2022), that's got to be worth more than a paltry £10.5m.

P.s the oil price has been much higher this last 6 months, also you receive more £s now that it has collapsed against the Dollar.

[pro_s2009] 16/10/2022 01:55

Now is a good time to buy back in around the 1p level........chartwise back at recent lows.

Buy and hold now......for those with real money.

Sell at 2p for a 100% profit in however long it takes, 3 months, 6 months, 9 months.

Easy money.

[christy41] 15/10/2022 13:19

In fairness the Serenity spend will be offset with the Government tax incentive reclaiming 91% from future profits.(Wressle)

[badger60] 15/10/2022 01:50

It's the usual post duster "where did it all go wrong" BB chitchat.Unfortunately EOG have spent circa 5 Mio.......and now have to help clear up the mess.EOG never fail to disappoint....... it's been like that for years.

[joestalin] 14/10/2022 08:01

From Oil Voice:-

The CEO of i3 Energy (LON: i3E) has outlined hopes for a smaller development at the Serenity discovery despite disappointment at the appraisal stage. The post ‘It’s not 200m barrels, but there’s still some oil there’ says i3 boss on Serenity.

[jungmana] 14/10/2022 07:23

Serenity should go to Repsol Sinopec the owners of the nearby Tain field.Let them pay $20m for it

[jungmana] 14/10/2022 07:15

Is NO from me

[fandagle] 14/10/2022 07:03

clear off PRO nobody interested....JOG ON now

[pro_s2009] 14/10/2022 00:25

EOG should buy Serenity from I3E.......10 million dollars, all yours to develop, no point I3E developing it, but it would be a nice "big" project for EOG to get into.

Lots of dilution short term, but long term something to keep them occupied.

[fandagle] 13/10/2022 11:35

At least that fraud Pro_s2009 has cleared out his stable and moved on...lol

[crankylad] 13/10/2022 08:57

Usual mm's tactic, raise the share price one day then crash it the next, now you start to realise why psychologist are employed in financial markets..

[enfranglais] 12/10/2022 19:12

Think it was just a case of oversold rather than any confidence in our benighted management?!! Who else reckons that we would have a 50% rise in the sp, if an organised exit of current management could be arranged?!!!!!!!
When are you acting as our spokesman of SHAG then CURRY?

[currypasty] 12/10/2022 15:17

odd eog up, yet edr and ujo down

[jungmana] 12/10/2022 14:39

Cash, the North sea has been a nightmare for i3e so far. Let's see what they come up with after the table top work and I hope we can at least get some value from the licence .Should be sold to Repsol imo

[cashandcard] 12/10/2022 13:39

Jungmana,

The problem is, they don't know the extent of the original Serenity discovery reservior and where it ends. It could extend 300metres from the discovery well or it could extend 30metres. They have to recalibrate the model and see if its possible to map the sand accurately. If not, then another appraisal well maybe needed. Otherwise they are engaging in guesswork without data to support the volumetrics behind a development.



Cash

[enfranglais] 12/10/2022 13:32

Who here knows any of the larger shareholders - it`s them that will decide the future?

[jungmana] 12/10/2022 12:44

There is value in Serenity . Even a small development could end up giving eog 2k bopd with 25% of share or a sale should see the company get good cash

[l2e] 12/10/2022 11:00

[e-mail]

Time to buy, directors included

[swanvesta] 12/10/2022 10:52

"Ireland - Another great asset but I can't imagine it's going to get drilled until the political landscape shifts, if at all."

The coming winter may shift the politics considerably.

[l2e] 12/10/2022 10:48

Jungmanga Post 13938
Agree with your thinking.
That is some mighty purchase, 1 million by i3 director!
Shows major confidence and support. Definitely need the same support here.
Will directors buy?
Gla