I3 Energy Share Discussion Threads

[tonynorstrom1] 17/3/2021 07:40

"Canadian oil and gas companies are undervalued, they are currently trading around 5 times fcf."


Do you provide the name of a couple of these Canadian Companies ?

[muddyfox0151] 16/3/2021 22:38

Kirby your the biggest ramper on aim ! Swing trader

[pjackson2] 16/3/2021 22:29

Echoes of Andy Austin at rock rose when they bought out marathons assets.

[neo26] 16/3/2021 22:06

From DrJimJones on lse.Someone asked about just Toscana's asset value h you goToday 21:54Info from Sedar filings: photos links here: https://ceo.ca/ite?d694dcdf5fc9The Toscana asset history in 2016 the properties had a carrying value of $91 million when we bought them for 3 million $. The carrying value was 53.7 million in dec 2019. Notice to debt that was crushing them combined with collapsing oil price. From 2016-2019 assets were being written down due to declining oil/ng prices, impairment charges, etc, plus Clearwater oil formation wasn't discovered until 2018 those 29k acres were carried at almost nothing on the books. Today Clearwater acres in our area due to thick pay zone go for 1000-2000$ with no production ( value 29k x average of 1500$ = 43.5 million not taking into acct production value) add it up Toscanas assets low end 53.7 million + 43.5 million = 97.2 miilion approx then add in value of oil production across company around 800b/d = 16 million at 20k per flowing barrel( industry price is typically 22-29k per flowing BOE) . = grand total of 113.2 million Canadian $. I3's Current mc $133 million Canadian $. $3 million usd to buy a min of 113.2 million (91 million USD) in assets. Deal of the century. Good lesson on not over paying and not over leveraging a balance lest the wolves (i3) will eat you.

[fandagle] 16/3/2021 16:56

Take me to the moon

[awise355] 16/3/2021 16:56

As an ie3 investor I'll stay I think. Enjoy your evening

[awise355] 16/3/2021 16:53

Seriously calm the passionate aggressiveness and make some money!

[markstevenkirby80] 16/3/2021 15:38

Yes i3e now off you pop before we pop:)

[neo26] 16/3/2021 15:22

Mate u on wrong board.This is i3e...

[muddyfox0151] 16/3/2021 15:18

Go on LSE/ I3e and ask them ! Lol

[awise355] 16/3/2021 15:11

Not really it was a token gestureSomething is wrong here. Good luck!

[muddyfox0151] 16/3/2021 15:09

They don't have assets in Canadian oil gas fields , so what's your point ? A cross board ramp !

[awise355] 16/3/2021 14:55

Lol afraid not you'll notice txp is also dual listed.

[awise355] 16/3/2021 14:49

I'm replying to a statement about undervalued Canadian producers. I'm in ie3 and wanted to know if there were any more, fairly polite question I thought...

[neo26] 16/3/2021 14:48

I3e is dual listed in uk and canada, mate...You high..

[awise355] 16/3/2021 14:39

Are there any other lse listed companies you know of besides txp that operates in Trinidad. - thanks

[neo26] 16/3/2021 14:39

Production is around 9100boepd at present, they have infrastructure in place to increase production to 30kboepd.2p reserves of 58mmboeAnother 500boepd from noel being added soon.Drilling some wells in clearwater this quarter.Interesting times with this company, finally...

[viking24] 16/3/2021 14:13

Agree, look at the volume today!We are breaking out

[richie32] 16/3/2021 14:00

Steady rise is fine by me.

Rollercoaster can be fun but a steady climb is better in the lt imho

[neo26] 16/3/2021 13:22

Canadian oil and gas companies are undervalued, they are currently trading around 5 times fcf.I3e is just slightly over 2. This will move steadily close to 20p.Imho

[viking24] 16/3/2021 12:54

Volume picking up,pre Canadian hours

[neo26] 16/3/2021 10:30

Deffo just on canadian assets alone..