Iog Share Discussion Threads

[robizm] 19/10/2022 07:40

That is a dire RNS and only consolation is reduced first gas mid December from Southwark. Maybe under 10p today.

[pepepepe73] 19/10/2022 07:36

hxxps://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4175397&;lang=en-GB&companycode=uk-iog&v=

- Drilling fluid losses at Southwark A1 well have continued in the Bunter Shale Formation
- A1 has been suspended to enable A2 well stimulation operations to proceed as planned for First Gas in Q4, before resuming A1
- Saturn Banks to be shut-in for a total of four weeks, including depressurising the line ahead of the Bacton terminal shutdown, to enable the final subsea connection to Southwark
- Average 2H 2022 production to date of 28.6 mmscf/d, constrained by aqueous liquids production at Blythe, at an average realised price of 258 p/therm
- Blythe H1 well ultimate recoverable gas volumes estimated at 29 BCF and Elgood at 7.5 BCF - options to optimise recovery are being evaluated
- 2H 2022 production guidance revised from 30-50 mmscf/d to 22-28 mmscf/d

[dunderheed] 18/10/2022 13:59

TRD, It simply checks the mid points between broker spreads and allocates in relation to mid point. Hence one skewed position on spread can impact the mid point disproportionately to the extent that mistakes can be made with such an arbitrary split. IMHO.

[therealdeal25] 18/10/2022 13:48

It’s risky thanks that’s interesting 👍

[therealdeal25] 18/10/2022 13:46

Hi Dunderhead, I mean algorithm, how can it get it wrong? It has to be programmed by a human, and they want AI to take over? Seriously? 🤷‍a94;️ AIM is definitely corrupt in my opinion, hardly any regulations, how can they let people invest with no regulators to watch over what is going on? It’s all fishy, the whole system!

[itsriskythat] 18/10/2022 11:50

Wind only 3.0% at the moment

[dunderheed] 18/10/2022 11:17

Thanks for clarifying trd25. Wouldn't go as far to say it's corrupt though!

All, day ahead been looking pretty (comparatively)"weak" lately - let's see what all the "fans" of IOG have to say, when it becomes apparent just how "lucky" they have been, with the gas prices and how bad it could have been at 45p price deck.
Interested to hear other views on this?
All IMHO and DYOR of course.

[therealdeal25] 18/10/2022 09:41

My buy has gone through as a sell just letting you guys know, it’s all corrupt

[dunderheed] 18/10/2022 09:33

2483, they've been aiming to do this for quite sometime, spending a lot of money but, to be fair to date, have missed quite considerably.
IMHO, DYOR.

[therealdeal25] 18/10/2022 08:34

Just got 53,000 shares here@ 18.8p

[therealdeal25] 18/10/2022 08:02

Weird trade didn’t go through

[bountyhunter] 17/10/2022 20:50

From IRT's link above (FT)...

IOG’s chief executive Andrew Hockey said the company was aiming to “increase production in the near term via our existing infrastructure to support energy security over this winter”.

[bountyhunter] 17/10/2022 19:31

They might as well give us a few kegs each 🛢️
28738;️ as divis will no doubt be some way down the long and winding IOG road! 😉

[therealdeal25] 17/10/2022 18:24

Bounty Hunter lol rectified, but Kegs / barrels was ok no? 😂🤫

[itsriskythat] 17/10/2022 08:46

hTTps://on.ft.com/3rYich5IOG in the FT

[bountyhunter] 16/10/2022 11:16

legs even although I wouldn't mind a free keg 😎

[therealdeal25] 16/10/2022 08:41

I always think why do they always give warnings out, your investments could go down as well as up? Why do they never say it the other way around! Yes it’s to cover their asses, but what goes down must surely come up bud no? When others are being fearful ? I have stuck approx £12,000 in here so far between 18-20p I’m happy with that, if it falls again I will buy again! I’m sure this has legs once they fix the issues! It’s Gas after all, but like you say, always good to be cautious! Cheers bud!

[dunderheed] 15/10/2022 08:24

trd25 - it's still very risky mate so be careful.
People were buying in the 30's / 40's using the same kind of language!
All IMHO and DYOR.

[therealdeal25] 15/10/2022 07:57

Calm down, I was replying to someones post! Just because you’re way under water here, don’t take it out on me ! I’m happy, I have only just recently bought in, will buy in again at 17/18p

[wskill] 14/10/2022 14:47

It’s a £100m market cap Aim Oiler what do you want a Ftse 100 stock reaction to small foo pahs 169 barrels of water a day is not the end of the world,To be honest IOG has performed better than most of my FTSE stocks recently.

[therealdeal25] 14/10/2022 14:24

0.25p doesn’t really install confidence in me to be fair, if this was to rise 2p plus, then you know it’s time to get on Board again, I’m already in, but I want more, as these still look cheap to me because they are producing, and Mr Buffet is here, that’s what has drawn me in! 18p I will buy another 100,000 shares

[dunderheed] 14/10/2022 13:30

Well my concern simply is that at every update things seem to be getting worse or at the lower end of initial expectations and that then becomes the norm to further reduce.
People keep on about bringing Southwark online but what is to say that does not suffer a similar fate as current fields and this is what probably what everyone is worried about - hence no serious buying at this "bargain" price?
All IMHO and DYOR of course.

[bountyhunter] 14/10/2022 13:28

It's gone up today!

[therealdeal25] 14/10/2022 12:36

People still selling this share down, how cheap do they want it? Watching waiting to pounce if it does go down lower

[bountyhunter] 13/10/2022 18:53

When they switched from Blythe to Elgood given it's the same pipeline presumably there would still have been some water in the pipelinre originating from the Blythe well potentially affecting the Elgood figures?