I3 Energy Share Discussion Threads

[shorterofdoom] 03/11/2019 08:10

Delusional rampers spouting their promises of riches. Relentless selling and downward pressure. No support for this dog

[showmethemoneyhoney01] 03/11/2019 07:53

6 posts, one after the other early morning on a Sunday with this continued non factual deramping highlighting just how dense this person is with it's agenda.
shorterofdoom
3 Nov '19 - 06:04 - 15279 of 15281
0 0 0
Insolvent company loan after loan, placing after placing. Non generative. This dog does not produce a single penny. ZERO REVENUE. Not even a penny. Yet it burns millions of pounds each year. Hmmm not quite a sustainable model. Yet the ramps continue.

What a fool. This is what EXPLORATION companies do before then turning those EXPLORATION assets into income and profit.

[shorterofdoom] 03/11/2019 06:36

Duster results ready for Christmas yum yum sub 10p here we come

[shorterofdoom] 03/11/2019 06:13

When are the boats moving hahah come on tell me you sad morons hahaha pathetic rampers watching boats move

[shorterofdoom] 03/11/2019 06:04

Insolvent company loan after loan, placing after placing. Non generative. This dog does not produce a single penny. ZERO REVENUE. Not even a penny. Yet it burns millions of pounds each year. Hmmm not quite a sustainable model. Yet the ramps continue

[shorterofdoom] 03/11/2019 05:59

Beware of the ramper for he is scum. He will fabricate stories for you to part with your cash

[shorterofdoom] 03/11/2019 05:58

I am superior to you dirty rampers. You are lining my pockets with your wealth. My short increase after S1 was impecable timing. The POS has tanked over 10p since then and will continue to do so. You will be left with no financial capacity backing this dog, but please continue to line my pockets.

[shorterofdoom] 03/11/2019 05:55

Endless ramping of false riches. Next well will be a duster. Shares in free fall. No support. Watch your wealth half, then half again. You wealth will be transferred to me.

[tnmrl2] 02/11/2019 19:46

Highlights from this week news about I3e. Shorterofdoom these are fact.
Canaccord Genuity Reiterates “Speculative Buy” Rating for I3 Energy (LON:I3E)
hxxps://caspercourier .com/ canaccord -genuity -reiterates-speculative-buy-rating-for-i3-energy-loni3e/
Proactive Oil and Gas weekly highlights: I3 Energy, Block Energy, Sound Energy
hxxps://w ww. proactiveinvestors.co .uk/ companies/news/906129/proactive-oil-and-gas-weekly-highlights-i3-energy-block- energy-sound-energy-906129.html
i3 Energy shares rocket on ‘groundbreaking’ discovery
hxxps://uk investor magazine. co.uk/i3- energy-shares-rocket-on-groundbreaking-discovery/
I3 Energy calls a discovery at Serenity in North Sea and lays out plans to develop Liberator
hxxps://www .proactiveinvestors. co.uk/ companies/news/905800/i3-energy-calls-a-discovery-at-serenity-in-north-sea- and-lays-out-plans-to-develop-liberator-905800.html
i3 Energy team discuss ‘transformational’ discovery at Serenity
hxxps://www. research- tree.com/ media/i3- energy-team-discuss-transformational-discovery-at-serenity

Also Majid Shafiq presented at the O&G conference this week, also the company had meeting to advane its negotiations for a reserve-based lending

RNS
hxxps:// ir. q4europe.com/Tools/newsArticleHTML. aspx?solutionID=3508&customerKey=i3energyltd&storyID=14492725&language=en

[vanadiumx] 02/11/2019 19:43

Infinite losses are prevented by having a stop loss in place. A stop loss to cover a short means buying back your negative position. If this is done later rather than sooner, you will be toast. The down escalator will turn into an up elevator as other short positions hit their stop-losses. It will be the up elevator rather than the down escalator. This is more likely than not to happen here and I think you know it. If you were so sure of your position you would not be on here every 2 minutes trying to create a self-fulfilling prophecy in your favour. You would just let it quietly ride out....

[vanadiumx] 02/11/2019 19:29

The risk with shorting is that profits are finite (price cannot go lower than zero), but losses are infinite (price theoretically has no ceiling). The risk of blowing your trading account is hugely magnified on a short position. So, thanks for your concern, but it is totally misplaced.

[tnmrl2] 02/11/2019 19:16

Been cutting and pasting with the kids again

[shorterofdoom] 02/11/2019 19:06

Another one bites the duster

[36redhill] 02/11/2019 18:23

Excellent post sir- factual!

[shorterofdoom] 02/11/2019 18:13

Relentless selling pressure. Back below 18p very soon. Don’t listen to the ramps. Mug punters think they know better than the markets. 95% of AIM dogs go under. Endless placing to fund directors lifestyles.

[tnmrl2] 02/11/2019 16:46

"If a share is hammered on a bulletin board and is very popular with great numbers of posts I see this as often a buying opportunity. A contrarian indicator if I ever saw one, indicating packs of shorting hyenas are out and about"

[tnmrl2] 02/11/2019 15:56

Not ramping and raving like you shorterofdoom. If you read the article it provides you with facts about the future and possible outcomes. You just sprout the same cut and paste about the past events but give NO evidence about the future direction of I3e. I give facts about what happening, so here they are again.Early last week I3E had an RNS that it had discovered a decent amount of oil at its Serenity prospect. The previous week, the shares had gone as low as 17p. On the news the share price spiked to 55p on October 29th at the open. Unfortunately its been down hill all the way to the current 37p on fears that the bond funding the current exploration could be called in if the next Liberator well being drilled imminently and results due late November/early December does not come in with the results expected. Because of a problem drill on Liberator in the summer and a delay in mobilising the rig, money has been tighter for I3E than they had hoped.

The company have now combined results from the disappointing Liberator 13/23c-9 well with seismic data to formulate a development programme for the prospect. Phase 1 will target 63 million barrels of oil in place through the drilling of up to four wells with recoverable reserves expected to be 23 million barrels and a phase two exploration programme will target an additional 396 million barrels.

It was reported the company is seeking collaboration with Repsol Sinopec following the discovery at its Serenity prospect in the outer Moray Firth, with estimates of 197million barrels of oil in place.

Serenity is believed to be geologically connected to RSRUK’s Tain project, which it is developing as a tie-back to the Bleo Holm floating production, storage and offloading vessel (FPSO).

That project is expected to be sanctioned in the second half of next year but I3 hopes a new plan for a joint Tain-Serenity scheme can be agreed. I3 chief executive Majid Shafiq said: “The Tain field will have to be unitised. It is connected to Serenity as we believe this shows. We’ll end up in a commercial negotiation with RSRUK so that we can arrange with them how the joint fields can be developed and built up. The OGA are aware of our interpretation of Serenity and that we believe it is connected to Tain, "RSRUK are aware of that and we anticipate that will lead to an unitisation discussion and effectively a joint development of a single field called Tain-Serenity.”;

Mr Shafiq added that there has already been “initial discussions” with RSRUK on Serenity. RSRUK’s partner RockRose, who owns 50% in Tain, said it will “work to understand fully its implications for the Tain development project”.

I3 also wants to use the Bleo Holm vessel, leased to RSRUK, to develop Liberator, with the two “very close” to fully agreeing terms, according to Mr Shafiq. The firm said it would be “efficientR21; to drill a full appraisal at Serenity around the time of first oil from Liberator, expected next year. Chief financial officer Graham Heath said: “For us today Liberator has been our top priority because it’s nearest to development.

“Discussions with RSRUK for that field and, obviously our progress with the OGA, on a field development plan are nearer-term for us than Serenity. Albeit that the RSRUK-RockRose partnership are moving forward with a FDP for Tain which we would potentially phase Serenity into. We’re going to go back to Liberator next to drill that next well which would be at a future production location. That first producer would then be drilled during the execution phase of Liberator Phase 1 which is set to start during the course of 2020.It would be efficient if we were to begin drilling production of Liberator into 2020 and begin that same programme of further appraisal of Serenity at that time."

At a market cap of £34 million, with 200 million-plus of STOIIP, there is a valuation mismatch, especially with the latest Liberator well have a chance of success of 90 per cent plus after the previous well error and further seismic analysis. But the disappointing Liberator 13/23c-9 well means that investors are cautious about the new well about to be drilled. The management team have learnt the lessons, looked at the seismics, hopefully the new well hits the sweet spot and delivers the good. The Company is in the process of ensuring permits are in place for the drilling of the next well on the Liberator Field, which will be a pilot well targeting the Captain sand in the remapped L2 accumulation - a closure to the north east of the 13/23c-9 well. This region, similar to the A3 and A4 target areas, has significant relief above the prognosed oil-water contact and will provide a good location for a future development well.

The next well is a big deal for I3E in terms of reserves and reserves based funding for the project. If Liberator comes in as planned and Serenity is co-developed with Repsol Sinopec, then expect a share price closer to a 100-150p

[shorterofdoom] 02/11/2019 15:36

Senseless ramps. Cries of false riches. You all shouted riches if S1 was a success and look where it is. Falling hard with nothing to stop it. When the next well fails it’s game over

[tnmrl2] 02/11/2019 10:52

Early last week I3E had an RNS that it had discovered a decent amount of oil at its Serenity prospect. The previous week, the shares had gone as low as 17p. On the news the share price spiked to 55p on October 29th at the open. Unfortunately its been down hill all the way to the current 37p on fears that the bond funding the current exploration could be called in if the next Liberator well being drilled imminently and results due late November/early December does not come in with the results expected. Because of a problem drill on Liberator in the summer and a delay in mobilising the rig, money has been tighter for I3E than they had hoped.

The company have now combined results from the disappointing Liberator 13/23c-9 well with seismic data to formulate a development programme for the prospect. Phase 1 will target 63 million barrels of oil in place through the drilling of up to four wells with recoverable reserves expected to be 23 million barrels and a phase two exploration programme will target an additional 396 million barrels.

It was reported the company is seeking collaboration with Repsol Sinopec following the discovery at its Serenity prospect in the outer Moray Firth, with estimates of 197million barrels of oil in place.

Serenity is believed to be geologically connected to RSRUK’s Tain project, which it is developing as a tie-back to the Bleo Holm floating production, storage and offloading vessel (FPSO).

That project is expected to be sanctioned in the second half of next year but I3 hopes a new plan for a joint Tain-Serenity scheme can be agreed. I3 chief executive Majid Shafiq said: “The Tain field will have to be unitised. It is connected to Serenity as we believe this shows. We’ll end up in a commercial negotiation with RSRUK so that we can arrange with them how the joint fields can be developed and built up. The OGA are aware of our interpretation of Serenity and that we believe it is connected to Tain, "RSRUK are aware of that and we anticipate that will lead to an unitisation discussion and effectively a joint development of a single field called Tain-Serenity.”;

Mr Shafiq added that there has already been “initial discussions” with RSRUK on Serenity. RSRUK’s partner RockRose, who owns 50% in Tain, said it will “work to understand fully its implications for the Tain development project”.

I3 also wants to use the Bleo Holm vessel, leased to RSRUK, to develop Liberator, with the two “very close” to fully agreeing terms, according to Mr Shafiq. The firm said it would be “efficientR21; to drill a full appraisal at Serenity around the time of first oil from Liberator, expected next year. Chief financial officer Graham Heath said: “For us today Liberator has been our top priority because it’s nearest to development.

“Discussions with RSRUK for that field and, obviously our progress with the OGA, on a field development plan are nearer-term for us than Serenity. Albeit that the RSRUK-RockRose partnership are moving forward with a FDP for Tain which we would potentially phase Serenity into. We’re going to go back to Liberator next to drill that next well which would be at a future production location. That first producer would then be drilled during the execution phase of Liberator Phase 1 which is set to start during the course of 2020.It would be efficient if we were to begin drilling production of Liberator into 2020 and begin that same programme of further appraisal of Serenity at that time."

At a market cap of £34 million, with 200 million-plus of STOIIP, there is a valuation mismatch, especially with the latest Liberator well have a chance of success of 90 per cent plus after the previous well error and further seismic analysis. But the disappointing Liberator 13/23c-9 well means that investors are cautious about the new well about to be drilled. The management team have learnt the lessons, looked at the seismics, hopefully the new well hits the sweet spot and delivers the good. The Company is in the process of ensuring permits are in place for the drilling of the next well on the Liberator Field, which will be a pilot well targeting the Captain sand in the remapped L2 accumulation - a closure to the north east of the 13/23c-9 well. This region, similar to the A3 and A4 target areas, has significant relief above the prognosed oil-water contact and will provide a good location for a future development well.

The next well is a big deal for I3E in terms of reserves and reserves based funding for the project. If Liberator comes in as planned and Serenity is co-developed with Repsol Sinopec, then expect a share price closer to a 100-150p.

hxxps://contrarianinvestor . net/ posts/ 2019/11/2/ contrarian-investor-portfolio-review-november-2-2019

[vanadiumx] 02/11/2019 07:44

Gosh. You're up and at this again early on a weekend. Blimey.

[mcbridec80] 02/11/2019 07:36

As Mr T used to say....you’re a crazy fool 😂. I3e will hit oil in the next drill and get funding to 1st oil. Go short right through November and hold that short for results, I dare you 😂

[shorterofdoom] 02/11/2019 05:59

Don’t worry though, once the millions of shares have been sold, the slightest bit of rise and there will be endless warrants converting. The share price will be stuck forever with such a large number of shares in use and massive overhang.