Iog Share Discussion Threads

[marvelman] 04/7/2022 10:53

Worth repeating.."Finally things seem to be going well"...quote of the day from xxnjr

[officerdigby] 04/7/2022 10:53

So no test flow b4 hook up is that right? So defo commercial?Sorry I'm relatively new to IOG...I mean I've held long enough. To be disappointed!!LOL.

[bountyhunter] 04/7/2022 09:41

A nice blue top to the header today, good to hear that production has been restored early for JSE

[tidy 2] 04/7/2022 09:19

Net Zero means a calculation with offsets. All BS but that how the regs work.

[kibes] 04/7/2022 08:51

I hadn't realised that their partner CalEnergy is actually Berkshire Hathaway with about the deepest pockets on the planet. Reasonable presentation. I don't see why they call themselves a 'net zero' company when gas does in fact produce a lot of CO2. But anyway, the whole 'net zero' agenda is not happening any time soon, people are buying electric cars using electricity generated by....gas. It is completely daft.

[edgar222] 04/7/2022 08:40

No probs. My only point is that Lombard have been selling recently and LOG have not.

[stockhunters] 04/7/2022 08:26

edgar my mistake they had 25% go back a few years

[bountyhunter] 04/7/2022 08:20

#1435 hardly, you mean their influence has been reduced

[edgar222] 04/7/2022 08:17

Lombard never had 30% thats LOG

[aimmafia] 04/7/2022 08:10

I've taken 60k - looks decent here

[stockhunters] 04/7/2022 08:07

all at the mersey of Lombard currently looks like they dumped from 30% to 13%

[1senn] 04/7/2022 07:56

Sorry 100 mill

When Southwalk comes ontteam Q4 boom time on profit

[1senn] 04/7/2022 07:51

Approx 120 mill per year.

[bountyhunter] 04/7/2022 07:48

Positive news with a new presentation here:



Added to the header at the end.

Should see a bit of a recovery today imv!

[aimmafia] 04/7/2022 07:39

234,000 profit a day?

[aimmafia] 04/7/2022 07:38

780k a day Profit less fifty percent to partner and 20 percent royalties

[aimmafia] 04/7/2022 07:36

Can you tell me as I'm travelling today -

[tidy 2] 04/7/2022 07:33

OPEX 10-15p per therm do the math !

[aimmafia] 04/7/2022 07:28

Does anyone have any estimated earnings here? What will profit be month on month?

[tidy 2] 04/7/2022 07:21

EXPECTING 500p share price MED TERM !

[marvelman] 04/7/2022 07:12

"Finally things seem to be going well"...quote of the day xxnjr

[tidy 2] 04/7/2022 07:07

Outstanding.

[xxnjr] 04/7/2022 07:04

Finally things seem to be going well.

"We are very pleased to exit the half year with Saturn Banks producing 60 mmscf/d gross, double the level of one month ago and at the top end of our projected 2H22 range. Our resilience measures on Blythe and Elgood are starting to bear fruit, with 93% uptime in June. After completing Southwark East in the coming days, we will resume drilling the Southwark West well, with both wells targeted for first gas in Q4. This will be followed directly by two exciting appraisal wells at Goddard and Kelham targeting further growth opportunities.

With average realised gas prices to date of 147p/therm and the forward curve for this winter currently exceeding 350p/therm (c.$250/boe), our first half progress sets us up well for a cash generative second half, even as we invest at Southwark. Our latest corporate presentation provides a detailed update on all our current portfolio activities."

[bountyhunter] 02/7/2022 13:08

I wouldn't disagree on the potential, however the more likely scenario is that IOG will be taken over before that especially if the share price remains around the current level for much longer.