Iog Share Discussion Threads

[bountyhunter] 12/12/2022 16:41

That's my break even now, no doubt we will revisit 30p+ IF Southwark goes at least roughly according to plan; if we see Southwark onstream before year end I will eat my hat, sure to be at least a few days late!

[dunderheed] 12/12/2022 16:13

I wouldn't be surprised to see 30p upon Southwark start up.

[bountyhunter] 12/12/2022 15:37

Half coiled perhaps, uncoiled a bit recently but still has the Zebedee feel about it if Southwark goes to plan!

[therealdeal25] 12/12/2022 15:33

Buys going through as sells again

[dunderheed] 12/12/2022 14:51

I've finally listened to the interview and like the chap and what was spoken.
Without wishing to sound ramptastic - you do get the feeling it is like a coiled spring here?
All IMHO and DYOR of course!!

[therealdeal25] 12/12/2022 13:42

IOG to take Deltic Energy out now for a pittance

[therealdeal25] 12/12/2022 12:31

This should go for Second take off once they announce Gas Flow Rates, won’t be long now, almost half way through December

[tidy 2] 12/12/2022 11:01

Excellent progress at Southwark and interview.

[bountyhunter] 11/12/2022 18:51

Great news, thanks for posting that link.

"The well stimulation vessel Bigorange has departed Southwark and is now back in port."

[bloomberg2] 11/12/2022 16:02

https://twitter.com/me32063/status/1601891200004489216?s=46&t=kbrWzhpGAGIXLhDRvFoQYA

[thegreatgeraldo] 10/12/2022 14:04

bountyhunter10 Dec '22 - 11:14 - 2877 of 2881
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Gas is high calorific value so sells at a premium.

...CH4 is CH4....maybe it's got some C2H6 (or some such) mixed in...

bountyhunter10 Dec '22 - 11:46 - 2880 of 2881
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IOG's gas is low carbon gas producing @~1kg CO²/boe vs NS industry average of 20kg/boe and imported US LNG @150kg CO²/boe !

..Interesting, if true, but of little or zero value to the bottom line?

[hpcg] 10/12/2022 13:01

The most positive thing I heard was the reprocessing of the seismic. I think they have been drilling on Western Geco pre-stack time migration surveillance data. That will be why they didn't have the fault intersection identified (and I am a tiny tiny bit pleased that my conjecture in that regard was confirmed). Putting any kind of depth migration on there would produce a much better defined image.

The situation won't be as rosy as presented in the video but so long as we are shipping gas the price environment is so strong that returns will be significant.

[bountyhunter] 10/12/2022 11:46

IOG's gas is low carbon gas producing @~1kg CO²/boe vs NS industry average of 20kg/boe and imported US LNG @150kg CO²/boe !

[bountyhunter] 10/12/2022 11:24

No problem, thanks to whoever posted the link in the first place. I'm only half way through but it really is an excellent presentation so far.

[wisteria2] 10/12/2022 11:19

BH.. thanks for the link in header. All looking very positive for the company as long as the Politicians don't destroy the industry.
GLA

[bountyhunter] 10/12/2022 11:14

Watching it now. Water only from Blythe H1, none from Elgood OR Southwark from which first gas is still scheduled for around year end. In 2023 they may drill H2 at Blythe to solve the water cut problem (which is from a fracture intersected by H1) but in the meantime are optimising production by improving their water handling operationally. Gas is high calorific value so sells at a premium. Condensate production is above expectations and higher than the water volume.
Impressive growth potential especially Goddard.
A very clear talking new CEO so I suspect the RNS news going forwards will be better worded and more open than in the past.

Berkshire Hathaway via Cal Energy have a 50:50 interest and provide expertise and advice and will be paying £65m to develop Phase II.

[tidy 2] 09/12/2022 21:43

It's a v good watch BH

[bountyhunter] 09/12/2022 18:38

Yesterday's Malcy interview is now at the top of the header, not had time to watch it yet.

[tidy 2] 09/12/2022 11:55

Tuck these golden eggs away guys.

[wskill] 09/12/2022 11:00

Yes a decent interview with the new CEO .

[tidy 2] 09/12/2022 10:42

Top notch interview. The future (and present) is bright.

[thelongandtheshortandthetall] 09/12/2022 10:24

Thanks chri5!

[wisteria2] 09/12/2022 09:14

Seems to be building momentum again for a push past 20p... GLA