I3 Energy Share Discussion Threads

[buffythebuffoon] 22/8/2019 13:27

Worth remembering that the COS or POS is the composite of several factors that need to be present.

1) The presence of mature source rock
2) Effective hydrocarbon migration and charge
3) The presence of an effective reservoir
4) A hydrocarbon trapping mechanism

The chances of each of those four conditions being satisfied vary, but as an example, if each of those was assessed as being at 97% then the COS for the drill, or indeed the POS, would be 88.5%. A COS of 90% is therefore not too shabby...

Buffy

[banks69] 22/8/2019 13:15

Beg they have spud

What do you think the chances are of the drill bit snapping lol

;-)

[mpls] 22/8/2019 13:13

Sell on news brigade.
Same happened on other stocks only for them to push on once the traders leave.

[ducati2345] 22/8/2019 13:04

Mmm first spud done and frigging price has dropped

[duckdown] 22/8/2019 10:47

Some chunky trades again today.

[chewtobacco] 22/8/2019 10:24

This will be a good in. Have my target buy in.

[bountyhunter] 22/8/2019 10:24

Get that Caters; remains unique in the Aim world re multiple high CoS prospects over the next three months which is why I'm here. Not put my shirt on it but worth a modest investment imv.

[caters] 22/8/2019 10:21

That's why a number of us have stayed around. The potential here was really fantastic but now it's just fantastic ;-)

[bountyhunter] 22/8/2019 10:12

I understand why LTHs are not too happy given the history here as it's a fair way back to 120p but if just one of the three wells comes in of which there is a high probability we could be back up there or beyond in no time.

[caters] 22/8/2019 10:02

Is that unexpected?

[duckdown] 22/8/2019 09:57

Fighter heading back to the rig loaded with supplies!

[duckdown] 22/8/2019 09:53

Yes fair play to them thus far, now let's hope for an efficient, problem-free and successful drill campaign. Best of luck to all.

[cashandcard] 22/8/2019 09:46

Caters,


After many moons, finally credit where its due, well done MS and Co for getting this program underway. A very exciting time to be a shareholder in this one.


Cash

[bountyhunter] 22/8/2019 08:48

Yes will probably finish the day blue after initial volatility. Had wondered why they issued the RNS twice but just a bit of extra info showing confidence in a future production well. Only fair to say well spotted beg!

[puffet] 22/8/2019 08:38

Looks like day trade sellers have dried up - expecting blue shortly and onwards to 60p by end of the week.

[potential] 22/8/2019 08:17

expect a nice rise towards 60p as the drill commences! Potentials huge!!! With 160k buy this morning at full ask we could hit 60p today !! It will pick up through out the day!

[jungmana] 22/8/2019 08:16

90% cos and some still can't stand the heat? Just the start of an exciting phase and imo we could be 200p by xmas.

[markstevenkirby80] 22/8/2019 08:12

Day traders ,hope they get locked out one day soon

[ripper6289] 22/8/2019 08:11

De-risk today for a lot of people it seems, hopefully it gets done with quickly

[potential] 22/8/2019 08:04

Off we go, expect a nice rise towards 60p as the drill commences! Potentials huge!!!

[costax1654x] 22/8/2019 07:58

Can wait to get the results!

[begorrah88] 22/8/2019 07:44

RNS re-issued with this bit added

'The results of the LPt-02 well will allow the location and trajectory of the future LP-02 production well to be optimized and will be plugged and abandoned as planned before the rig moves to the LA-03 location, the next well in i3's 2019 drilling program'

[jungmana] 22/8/2019 07:07

Finally drilling :-)

[2solaris] 22/8/2019 07:03

It looks as though we will be kept in the picture.
From the RNS.

"We are excited to now be on location and drilling the first of three high impact wells into our 100% owned Liberator and Serenity structures and look forward to updating the market as each well objective is achieved."