I3 Energy Share Discussion Threads

[the deacon] 10/9/2019 17:33

So on the video interview, when asked why they selected that location for the drill, the response was 'we thought that location would give us the most data...'Riiiight.. Certainly doesn't fill me with any confidence to take a position here.

[gisjob2] 10/9/2019 17:28

It does look a bit amateurish !

[thegreatgeraldo] 10/9/2019 17:26

So they just missed the channel boundary..... by 200 metres...... what's the range of VSP??

[ammu12] 10/9/2019 17:25

Looks like this will go lower!!

[gisjob2] 10/9/2019 17:20

Russiaguru,

I agree, they don't seem to have a handle on it all to me. I particularly didn't like the statement, 'if the southern boundary is displaced north some of the volume has gone'.

Phase 1 55million OIP of which expected reserves of 21 million and expected 8 to come from LPT2, now expect that to be lower but can only say it won't be 0 !

I appreciate the next 2 wells should not be directly affected by this well, unfortunately if the way they've located their next 2 wells is anything like the first they could be equally poor and that's why there could be a loss of faith.

Still a chance but they didn't inspire confidence, although they've been up all night !

[russiaguru] 10/9/2019 17:06

Video doesn't really inspire confidence,

[begorrah88] 10/9/2019 17:02

Shame i3e can't sell 'setbacks' as they always have plenty.

[fardels bear] 10/9/2019 17:02

Ere, that was my description!

[ammu12] 10/9/2019 17:00

The ramping on Twitter is mental

[begorrah88] 10/9/2019 16:55

Still look like a couple of naughty schoolboys who haven't done their homework and that would very much appear to be what has happened.

[sbb1x] 10/9/2019 16:52

Thank you for sharing that, i will be adding a few more now.

[bigsi2] 10/9/2019 16:48

LP1 & LP4 locations unchanged-LP2 re locatedMajority of volume estimated unaffected by this drill - between 1-8mMore than enough volume for phase 1 development A3 appraisal well targeting 300m barrels in west to be drilled ASAP

[bigsi2] 10/9/2019 16:36

Well "not as bad as it looks" Thanks Majid ;)

[bigsi2] 10/9/2019 16:34

https://www.youtube.com/watch?v=k2jp7Ch_ikM

[gisjob2] 10/9/2019 16:33

Kirk,

Not much sign of this 'buying frenzy' into close.

[jungmana] 10/9/2019 16:32

Just traded about a third of total shares in issue. Let's see what tomorrow brings but am confident we will see 50p again by end of the month.Gla

[tsmith2] 10/9/2019 16:31

Andrew Scott@AndrewScottTV#I3E Just spoken with the team ... video on its way shortly @i3energy

[tiler1] 10/9/2019 16:30

Have you sold up Beg ? Your post about last September and this September struck a cord. I’m a LTH I’ve gone from 90% profits to a 40% loss which I crystallised this morning once the I read the RNS.

I will sit on the sidelines for now and see how the next two drills go. If successful I will buy back in for a potential wholesale sale.

[begorrah88] 10/9/2019 16:23

With this volume of trade & i3e's history of TR1 notifications I'm expecting very little information to become clear.We've had sellers in volume for the past 9 months and heard buttons about them so not expecting much change now

[thegreatgeraldo] 10/9/2019 16:21

So far, my take is that they haven't interpreted the seismic very well (that's being polite)

[jungmana] 10/9/2019 16:19

I understand your point but 1 down 2 to go.After all is a pilot well that failed and still will get a lot of information from the well.Still good potential here

[thegreatgeraldo] 10/9/2019 16:15

Jungmana
10 Sep '19 - 16:10 - 11283 of 11284
0 0 0
I3e is oversold as right now fully funded for the 3 wells. Sitting just above cash level right now

..Somewhat illogical when you think about it, given what they're planning to do with a fair dollop of that cash!

[gisjob2] 10/9/2019 16:11

Grey,

exactly, it wasn't the info they wanted !

[jungmana] 10/9/2019 16:10

I3e is oversold as right now fully funded for the 3 wells. Sitting just above cash level right now