I3 Energy Share Discussion Threads

[1choip] 31/8/2021 09:37

Surely has value after spending millions on that especialy found presence of oil

[fandagle] 31/8/2021 09:11

NS assets cant be valued until the drilling program costs are agreed, and thats not going to plan at the moment, Viaro and Repsol are digging their heels in, so it looks as if Majid is getting it dry.......

[1choip] 31/8/2021 08:30

would be interesting if somebody can tell the value of north sea assets.

[goodday1] 31/8/2021 08:14

At 11.4999 is my buy

[muddyfox0151] 30/8/2021 22:57

It's going to happen but when ? Investment in oil in Dire .....

[kaos3] 30/8/2021 11:14

thanks tony - I am catching up. Getting their vibes - interesting the hedge % split oil vs gas

[tonynorstrom1] 30/8/2021 10:40

kaos3,

"The Company plans to opportunistically hedge 50% of its oil volumes and 50% to 70% of its gas volumes in order to protect its dividend policy and expected production maintenance capital expenditures."

This is from there May update. Good news is now (not then) is that they did not anticipate the gas price rally and hedge at about $2.38. When these hedges expire at the end of October they will be able to rehedge at significantly higher prices giving a significant lift to both revenues and share price

[goodday1] 30/8/2021 09:03

Oil Could Be Primed For Up To 50% Rally, Strategist SaysBy Charles Kennedy - Aug 27, 2021, 5:00 PM CDTThe price of WTI crude oil could be headed for a jump of between 20 percent and 50 percent, judging from a bullish breakout pattern that suggests a major rally could be coming for an asset, and that has occurred just three times for crude this century, an equity strategist told CNBC this week."Crude oil has seen what's called a golden cross on its weekly chart," Matt Maley, Equity Strategist at Miller Tabak, told CNBC's "Trading Nation" programThe so-called golden cross appears on a chart when the short-term moving average of an asset crosses above its long-term moving average. The gold cross chart pattern points to a potential for a major rally. "That's only happened three times since the beginning of this century and each of those three times has been followed by a very strong further rally in crude oil, anywhere from 20%-50%," Maley told CNBC.https://oilprice.com/Energy/Oil-Prices/Oil-Could-Be-Primed-For-Up-To-50-Rally-Strategist-Says.html

[kaos3] 30/8/2021 08:19

chart - not to over complicating it - is almost a straight line rise at certain angle - going like a train - with an occasional burst to the up (eg - hidden value supporting the rise from bellow).

[kaos3] 30/8/2021 08:12

chart is beautiful - I was adding for the whole past week.

when one combines a beautiful chart with great fundamentals, hidden value and great oil and gas prices and commitment to pay part of the profits to the shareholders (rare that one on the divi) - one has to buy at this point in time.

I do wonder - did I miss BODs opinion on hedging? What is it?

[fandagle] 27/8/2021 16:24

I3E Sentiment - Doldrums - A state or period of stagnation or depression.

[markstevenkirby80] 27/8/2021 14:42

We don't have to take our clothes off to have a good time,

[edgein] 27/8/2021 14:23

Goodday,

I'm not promising anything fella, I'm like a coiled spring. :)

Regards,
Ed.

[goodday1] 27/8/2021 14:21

Thank you all.Filtered, ignored & alone on his ladder.This is where it belongs.LolThe icing on the cake, oil above 72 dollars Gl all

[edgein] 27/8/2021 14:02

Jung,

As magic Majid said we're on for a very busy H2 here.

Regards,
Ed.

[fandagle] 27/8/2021 13:56

Rock bottom

[jungmana] 27/8/2021 13:49

From the rns of 29th July, at least one rns expected next week;"Marten Hills Clearwater Drilling.Well completion, production equipment installation and tie-in operations have been completed for wells 01-12-075-26W4 and 02-12-075-26W4. Eight horizontal lateral legs (totalling 13,057m in the 01-12 well and 12,644m in the 02-12 well, at a maximum true vertical depth of 630m) were drilled from each wellbore and encountered a clean upper shoreface sandstone, with porosities ranging from 24% to 27%, and oil was evidenced throughout via oil shows on cuttings. The wells are now on production and flowing back drilling fluid. This clean-up process is expected to take approximately three to four weeks, after which the market will be updated on initial stabilised oil flow rates."

[edgein] 27/8/2021 12:46

Mark,

You think this is lovely, wait to you see the interim results! Cenovus is effective from April 1st, oil price, gas prices all rising. Exciting times.

Regards,
Ed.

[tonynorstrom1] 27/8/2021 12:33

Fandangle,

Your following me on LSE so you have your answer - the rerate is coming - don’t short it !!

[markstevenkirby80] 27/8/2021 12:09

Simply lovely

[markstevenkirby80] 27/8/2021 12:09

Simply lovely

[fandagle] 27/8/2021 11:41

Why are folk not buying I3E? If its such a certainty then why is the share price stagnant? All the jive talk with absolutely NO substance!

[goodday1] 27/8/2021 10:48

That was rather a big tick!To sell from 11.00 to 11.40.Just like that.Hey stupid, don't even think of shorting this