I3 Energy Share Discussion Threads

[goodday1] 11/6/2021 12:12

Another 223,717Lol

[1choip] 11/6/2021 12:01

All eyes on ITE. People there know better valuation.

[edgein] 11/6/2021 10:39

14p per share or circa £100m would be very cheap for these. They're fast heading for 10,000boepd and have circa 62mmboe. There's plenty in this sector trading at multiples of that with far less to offer. The above doesn't account for the Serenity development or expo potential of the Minos etc. So at 14p these would still be oversold. At 24p per share that would be at x7 cash flow and still not really accounting for the growth potential of the assets nor the NS assets. Regards, Ed.

[pretax2] 11/6/2021 10:28

Neo26 The final sentence was sufficient.

[1choip] 11/6/2021 09:48

Since where that you have seen 14p? Don't know who is fool for waste of time?

[neo26] 11/6/2021 09:43

Volume was very low, if you look at the charts its got upward trend.If you didnt pick any up in the 7's or 8's recently you are fool and now moaning.I3e looking good, should be tradin close to 14p now even without additional production and farm out of serenity.

[1choip] 11/6/2021 09:33

ITE fell yesterday to 0.15 CAD (0.875p)

[goodday1] 11/6/2021 07:58

Where did you see this, please?

[goodday1] 11/6/2021 07:39

From Longboat Energy RNs today.The Directors continue to believe that ongoing market dislocation in the oil and gas industry, and specifically in the North Sea, provides a significant number of opportunities for accretive and strategically beneficial transactions for Longboat Energy.

[pretax2] 11/6/2021 07:07

Ark87 SP will pop, give it time. Meanwhile accumulate. Anything under 10p is a steal. Gobsmacked that NMS is 10-15k shares as someone was saying. The have 700m in issue ffs. Where are they all?

[ark87] 11/6/2021 00:14

July is not that far away to be fair. Does feel like we will need some positive news to breakthrough 10p though.

[1choip] 10/6/2021 16:19

so no news until july

[andyossie] 10/6/2021 14:46

If there is a stock shortage why don't they put the price up and make a market instead of NT to buy on anything above 1500 shares.

[basem1] 10/6/2021 14:35

Seems to be a stock shortage This mornings 8.8 was an attempt to get some cheap stock

[edgein] 10/6/2021 09:41

I also found the mention in the last vid of EOR very interesting. As a result of these three acquisitions the company has a very large land position as well as well stock. The thought of waterflood and EOR must be a very tempting proposition to the company as that's likely to improve the flow and recoverable oil from many of the legacy stripper wells. Moreover the 250 deve drill locations gives them plenty of options too! Regards, Ed.

[edgein] 10/6/2021 09:38

Neo, Plus the gas lift into one Simonette well and a replacement ESP into another. Those Simonette wells are estimated to add 700bopd in the near term too after the recent acquisition. Between those and Noel we'll hopefully push past a total of 10,000boepd. Regards, Ed.

[neo26] 10/6/2021 09:29

Plenty of news shortly2 clearwater wells resultNoel well into productionDivi newsFarm out of serenity

[edgein] 10/6/2021 08:51

The timetable has been released previously, the company restructure completes on the 1st of July. They cannot do much regarding the divi until that happens. Regards, Ed.

[1choip] 10/6/2021 08:46

where is the div payment as been talking so many months? Looks 10 times slower than cash call.

[edgein] 10/6/2021 08:15

Fand, Yeah its a strong possibility, but I wouldn't rule out formerly listed IAE/Ithaca either as they operate the Captain platform and are a material sized company these days. Be very interesting to see how this plays out. Base they've been messing around with the spread here for weeks due to the low volumes. Regards, Ed.

[basem1] 10/6/2021 08:06

That's a big drop from 9.2 to just 8.76 to sell 100k ???

[fandagle] 09/6/2021 18:42

The Repsol tie-in seems logical, The Bluewater operated Bleoholm has signed a 10 year extension with Repsol after extensive Hull and topside upgrades.