Ithaca Energy Share Discussion Threads

[2prsimo] 06/2/2017 07:15

Getting it on the cheap imo. Good deal for Delek

[lfdkmp] 06/2/2017 07:15

180p not acceptable few years ago, 120p acceptable today with Stella about to come on stream.

Great deal for Delek. Personally hugely underwhelmed.

[ulvers] 06/2/2017 07:11

Good news i guess but too cheap folks imho

GLA

[the guardian] 06/2/2017 07:07

Sorry Mirabeau, could you explain that more clearly?

[mirabeau] 06/2/2017 07:02

120p bid by Delek..well done all

watch North Sea oilers explode now!

[gary38] 03/2/2017 21:23

Hurricane Energy and EnQuest among the few 'buys' left in oil sector - MacquarieShare 11:33 03 Feb 2017"Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view.oil platformValuations in the oil sector have caught upIt is harder work picking winners in the oil and gas sector now that crude prices have steadied and share prices have climbed, so says Macquarie.Kate Sloan, analyst at Macquarie, most share prices are close to fair value and as a result many in the sector have been downgraded.Cairn Energy PLC (LON:CNE), Faroe Petroleum plc (LON:FPM), Ithaca Energy Plc (LON:IAE), Premier Oil PLC (LON:PMO) and Tullow Oil plc (LON:TLW) are all relegated to a 'neutral' rating.Three of Macquarie's 'top picks' retain their 'buy' recommendations; Hurricane Energy Plc (LON:HUR), EnQuest Plc (LON:ENQ) and Africa Oil Corp (TSE:AOI).Of the three, Hurricane Energy is deemed to have the clearest value opportunities."Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view."Further exploratory drilling (ongoing) and progress on the Lancaster development could add significant value, building on the success the company enjoyed in 2016."Macquarie has a 90p price target for Hurricane (current price: 51.25p).EnQuest, meanwhile, is Macquarie's pick for further oil price leverage combined with low risk project progression."Although the rest of the sector now reflects a much higher discounted oil price than it did four months ago, EnQuest is still discounting US$63/bbl, the same number it was back in August 2016," Sloan said."We believe the valuation gap will be narrowed in the coming months once the market starts to believe in Kraken delivery."Macquarie has a 79p target price for EnQuest (current price: 46.34p).Sloan added that Africa Oil's has very attractive upside through de-risking the discoveries in Kenya's South Lokichar basin, where it partners Tullow.

[whiskeyinthejar] 03/2/2017 13:41

The weather has been poor- gales this week with more to come over next 3 or 4 days.


"Gale warning - Issued: 0941 UTC on Friday 3 February 2017
Gale now ceased but southeasterly severe gale force 9 expected later"

[bountyhunter] 03/2/2017 13:31

nothing alongside the FPF1 right now...

[9tintin] 03/2/2017 13:23

Any news on a tanker for off take from FPF1 - first oil in February - 25 days and counting,,,,,,,,,,,,,,,,,,,,,

tintin

[bountyhunter] 03/2/2017 12:12

Brent chart rolled forwards

[sawadee3] 01/2/2017 12:10

IAE, shaken but not stirred :-)

Happy days chaps :-)

[bountyhunter] 31/1/2017 21:17

added a link to the LSE IAE BB to the header

[bountyhunter] 31/1/2017 18:16

The Olympic Octopus ("destination Stella Field") is a couple of km from the FPF1 - not sure of the significance...maybe just delivered supplies as it seems to be heading away now

[rivaldo] 30/1/2017 14:40

Harrier work gathering steam with IAE handing out this helicopter contract - "Operations are expected to get underway in the second quarter of 2017":

[bountyhunter] 28/1/2017 09:51

I've tidied up the vessels links towards the end of the header. Click on the "Marinetraffic FPF1" link to see the FPF1 sitting there on it's own this morning.

[bountyhunter] 27/1/2017 17:25

yes it's mentioned on stockhouse as well, but no definitive link to a tanker so far as I can see; it's probably just a supply ship delivering more beer and taking away the empties ;~) ...can't see first oil being in January when they have already announced a delay until February

[whiskeyinthejar] 27/1/2017 17:12

Im just sharing what's been written on other boards. I didn't say I believed it.

[the monkster] 27/1/2017 16:46

I think I can see that boat you're referring to. Can you see what I think is a fishing rod on the starboard side ?? Looks like they've caught something too.

[bountyhunter] 27/1/2017 15:53

WITJ - it's described as 'tug/special craft' on marinetraffic...

[sawadee3] 27/1/2017 15:44

arab3, only IAE/ENQ/PMO and a tin of Castrol GTX.

Any more and i start to get dizzy :-)

[arab3] 27/1/2017 15:40

glad to see you kept the oilers sawadee

[sawadee3] 27/1/2017 15:15

£2 shares currently going for £1.09 :-)

[whiskeyinthejar] 27/1/2017 15:11

Rumours on lse of a tanker alongside fpf1