I3 Energy Share Discussion Threads

[gary1966] 17/11/2022 15:38

I did but was a bit confused by what they were trying to say. Oh well it was a nice thought for a couple of minutes.🤣
28514;

[divmad] 17/11/2022 15:35

No, I don't think so, based on a per share basis over a full 12 months.

[royalalbert] 17/11/2022 15:35

Read the notes Gary.

[gary1966] 17/11/2022 15:32

Looking at a nearly 1/3rd increase in the dividend as well.

[royalalbert] 17/11/2022 15:31

Good gas prices in Alberta too.

[divmad] 17/11/2022 15:26

I see i3e still presents Serenity as providing "material upside potential". Hmm. Not my take on their NS experience to date.But I am impressed with the target of another net 25% growth in bopd output out of Canada, in 2023. This is our bread basket, chaps.

[basem1] 17/11/2022 15:26

Minus the question marks you seem to get on Apple device

[basem1] 17/11/2022 15:25

Great post.......as always

[goodday1] 17/11/2022 15:16

What will make this share go ballistic?- Farm-out NS.- RNs higher reserve.- Increase dividend for 2023.- Flow rate for the latest drilled wells.- Announce a special dividend for 2022.- Share buyback announcement.- Busting the declared 24K b/d production before year-end.- Present the new drilling budget for 2023 with a target to increase production by 20 per cent in 2023.Did I miss anything?Many of the above will be coming sooner or later.I3e & its BoD playing it by the book & slowly slowly catch your...Hopefully, no one sold at the bottom!On a personal level, our youngest daughter got 1st-class at her MSc and can not describe how proud we are of her achievements.Gl all

[royalalbert] 17/11/2022 15:01

Would like to know who the AT are buying for.

[edgein] 17/11/2022 14:58

Well fellas it does suggest that we're getting MIN £14.7m this year, I guess that leaves things open for a potential top up/special divi. But that aside look at the details in that presentation, the amount of well locations on all assets, the number of assets that are oil. South Simonette lower Montney being oil etc. Also fascinating that the $97m is to deliver incremental 6500boepd.

Ahem, excuse me but that looks like over 860 booked and unbooked drilling locations! No wonder they stated in the previous interview that they thought they could more than double our reserves in the future.

Winter plans for delineating the Clearwater

180 Montney oil well locations in the Simonette! That would have made Jim Bowen proud!

What a presentation, lots and lots of detail in there, spectacular upside.

As for bigger dividends, drill them and they will come.

Regards,
Ed.

[basem1] 17/11/2022 14:55

Very firm support here on the TSX chart 6 levels of support/resistance from the last few months. I am a betting man and I would like to call the bottom here

[gusto01] 17/11/2022 14:52

Company still solidWhilst other UK oilers going down..We are safe and give a dividend of 7%+Hold for gold

[pro_s2009] 17/11/2022 14:48

New presentation link add to the header, as below :



.

[royalalbert] 17/11/2022 14:45

All in all I'm happy.

[royalalbert] 17/11/2022 14:44

DC agree with that, expect the divi to be increased, the presentation is what it is at this present moment in time. They would not be able to state an increase in divi it would need to be RNS'd.

[doughcyclone] 17/11/2022 14:15

I wouldn’t really call it a confirmation of the same dividend. If anything you could call it a strong indication that we will have 12 payments per year instead of 10 in the future (iirc there has been some interpretation we could see 10 payments per year, every year. However that now doesn’t seem like the case with management calculating it this way). So it’s just an estimation based on current run-rate. The per month sum seem yet to be decided and my bet would be a raise.

[basem1] 17/11/2022 13:49

Yes your correct Number of shares x by 1.71p per annum is around 20.4m I stand corrected A no news event but nice to have confirmation of the same for next year

[spawny100] 17/11/2022 13:41

Divide 2023e dividend figure by 1,192,731,373 shares in issue and divide by 12. You get 0.001425

[basem1] 17/11/2022 13:31

It's actually around a 11% increase if you pro-rata the numbers

[spawny100] 17/11/2022 13:20

Doh you're right dough! 2023e is just the same 0.001425 over 12 months. Excitement over back to sleep!

[goodday1] 17/11/2022 13:02

Thank you for sharing.Gl all

[doughcyclone] 17/11/2022 13:00

Note 2022e is based on 10 months and the first few months had a lower per month payment. 2023e is based on 12 months and with the previous 25% per month increase.

It’s just an estimation based on current run-rate, guys. So no news. An actual decision on 2023 dividend is most likely not taken yet.