Longboat Energy Share Discussion Threads

[jungmana] 26/7/2024 14:02

With just 57 million shares in issue and most held in sticky hands , once the news lands of award as we are hoping this should rerate fast.

[katsy] 26/7/2024 13:30

Looking very good here, provided negotiations have gone to plan for the DSO

[purple11] 26/7/2024 07:30

aaah! time to rollover and let out a little gassss.........

[zengas] 26/7/2024 07:28

Worth noting it was an issue with the FPSO servicing the fields and apparently not the fields themselves when shut in at 5k production.

Jadestone believes significant upside and infill drilling opportunities.

[zengas] 26/7/2024 07:12

Malaysia small fields Cluster award to Jadestone this morning. Previously producing 5000 boepd before shut in in 2022 with an estimated 15 mmboe 2C. It’s near their existing assets and bank has provided a $0.5m guarantee. LBEs time must be soon.

[stockhunters] 24/7/2024 19:31

Yes Katsy all because UPL management are telling porkies?

Goes to show half the battle with investing is finding board members with proven track records

[divmad] 24/7/2024 17:37

Some money will undoubtedly come over from upl disgruntled shareholders.

[katsy] 24/7/2024 14:52

comparisons are made between LBE's valuation against that of UPL. Well it looks like UPL is coming sown to meet LBE's valuation

[ohisay] 24/7/2024 14:43

Yes indeed ..You wouldn't be the first person to think this way .!

[goblin99] 24/7/2024 12:30

I really do see the potential of a mid NS explorer/producer taking an interest here. Given the blinkered view of various governments on the tax regime of the NS, divesting and looking at consolidating in Asia with potential for more favourable tax benefits and monetisation seems a great opportunity. It would be somewhat ironic if a company like SQZ were to return to this part of the world. A very good opportunity to get a good foothold at minimal cost.

[stockhunters] 23/7/2024 12:18

Bit of disaster over UPL, never nice seeing people lose money but warning signs were there no PSC, no licence, no CPR.

You live and you learn

On a plus does put LBE in lead position for small cap Malaysia play

News must be close now

40p is only around £20million mcap

[cat33] 21/7/2024 15:38

Nice weekend write up from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-july-21-2024Worth reading

[jungmana] 19/7/2024 12:26

Had a small 10k top at 11.10 . Every little helps as i nudge close to that 1 million holding target I want here. One or 2 institutions have been selling over last 5 weeks due to the change in focus of the company from what they see imo as safe secure jurisdiction to South East Asia . Should be done soon.Other institutions will join us and won't be surprised to see a tr1 soon.

[stockhunters] 18/7/2024 09:11

Katsy probably just adjusting their book post company focus, I would hazard a guess they sold most of that TR1 last month and/or a buyer is picking up their shares

I remember when AET changed focus with new board and name change, there was a lot of shuffling by big funds

[euclid5] 17/7/2024 20:07

seems someone has bought most of the 4.730m shares sold by Progressive Capital Partners Ltd. As the price has not really changed

[swanvesta] 17/7/2024 19:06

It's not worth reading anyway IMO. Completely unoriginal copy and paste job.

[katsy] 17/7/2024 13:59

cat33, for some reason I just can't seem to register to read that content, everytime I put my email in, nothing happens, don't get an email or anything.

[cat33] 17/7/2024 13:54

Good summary from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-july-17-2024Worth reading

[katsy] 17/7/2024 13:53

That's quite a dump somebody took on this, but the share price has done well to hang in there, considering.

[jungmana] 15/7/2024 15:10

All for GBP 11 million at 21p but not for long imho;"Longboat's near-term focus remains its Malaysian activities. This includes the farm-out of Block 2A, which contains the world-class Kertang prospect, and finalising negotiations with Petronas on a production sharing contract for several material and undeveloped gas fields capable of near-term development." 

[cashandcard] 15/7/2024 07:22

Good news. That's the end of the Norwegian problems. Now, for the DRO awards and name change......Cash

[ohisay] 12/7/2024 14:28

There were a couple of reports in Energypedia on SE Asia which might have prompted some buying today.




Interesting comments in the second item on CO2 levels which happily seems to be a problem we dont have with Kertang ..

Across Southeast Asia, more than half of planned gas projects contain CO2 content exceeding 5%

[stockhunters] 12/7/2024 12:57

For those who keep check of the market maker book

Someone is buying up all the stock in the background around 20p, not letting you buy much at 21p either

[jungmana] 11/7/2024 11:21

All waiting for the DROs news I guess.Should be here this July "mid summer"

[pol123] 09/7/2024 17:26

Looking outside today...will we get a summer