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LBE Longboat Energy Plc

19.50
-0.50 (-2.50%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Longboat Energy Plc LSE:LBE London Ordinary Share GB00BKFW2482 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -2.50% 19.50 19.00 20.00 19.75 19.25 19.50 983,879 16:29:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 0 -15.47M -0.2709 -0.72 11.14M
Longboat Energy Plc is listed in the Offices-holdng Companies sector of the London Stock Exchange with ticker LBE. The last closing price for Longboat Energy was 20p. Over the last year, Longboat Energy shares have traded in a share price range of 6.25p to 33.00p.

Longboat Energy currently has 57,108,120 shares in issue. The market capitalisation of Longboat Energy is £11.14 million. Longboat Energy has a price to earnings ratio (PE ratio) of -0.72.

Longboat Energy Share Discussion Threads

Showing 651 to 674 of 1400 messages
Chat Pages: Latest  32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
22/6/2023
11:38
Presentation...
- production acquisition negotiation ongoing...near term news, pre-Velocette?
- Velocette spud approx. beginning August

- next drilling after (Lotus) in 2024

Qs:
- no insider share purchases due to continued, and continuous, closed periods.

sogoesit
22/6/2023
09:10
Latest position...
ohisay
22/6/2023
09:05
Yes I agree its not easy but one has to put ones cash somewhere.!
Its not even at CORE nav yet (28p/share acc to Auctus if I recall)

ohisay
22/6/2023
08:31
it’s a difficult mkt right now ohisay, but from here I think it will slowly “get it”…
bumpa33
22/6/2023
08:24
Yes thats always a good sign .
Took my last 40k this morning at 21.8p..

I have a large position to put it mildly ..market still doesnt really get it .

ohisay
22/6/2023
08:12
Well, the mm’s have just bid me the mid for all mine. So currently, the mkt likes it. Which it bloody well should.
bumpa33
22/6/2023
07:52
Yes indeed
ohisay
22/6/2023
07:47
Initial $16m into the JV is great, but it’s access to that $100m acquisition/project financing that’s the real jewel…
bumpa33
22/6/2023
07:11
The Norwegian Ministry of Petroleum and Energy has given its approval to the formation of the Joint Venture, which was the key regulatory approval sought, and completion of the transaction is now expected to occur in the first half of July 2023.

Excellent news ...$16m follows from Japex of course.

ohisay
22/6/2023
07:09
You can register here.

LONGBOAT ENERGY PLC

Post AGM Investor Presentation

22nd Jun 2023 at 11:30am BST

ohisay
21/6/2023
21:05
Anyone have a link to the investors presentation?
Is it on tomorrow or Friday?

danmart2
19/6/2023
15:13
Good spot !
ohisay
19/6/2023
12:37
There's a Japex announcement this morning about Japex doing a joint study with three other companies (including Petronas) regarding carbon capture and storage solutions for C02 originating in Japan:

This has nothing to do with LBE or its Malaysian Block 2A, but merely shows that Japex are doing stuff in Malaysia and have a CCS-related commercial connection with LBE's Malaysian co-partner, Petronas.

Once LBE do their deeper analysis, could Japex become a potential farm-in partner for LBE's Malaysian Block 2A offshore Sarawak with material gas resource potential (LBE (operator 36.75%), Other partners in Block 2A: Petronas, Petros, Topaz)?

Japex also have an AGM on June 27th ( LBE's AGM is on Thursday this week.

Can LBE/Japex get their Norwegian JV completed on or prior to one or both of their AGMs?

darcon
14/6/2023
14:13
AB cleared 5% now, no stock around, if this clears 23p then 30p is next
chutes01
14/6/2023
13:33
They've replaced the word "Malaysia" on slide 16 with "SE Asia". Is there something brewing in another market there?
darcon
14/6/2023
01:41
Updated for the AGM next week but not much new other than confirming Velocette will spud next quarter.

With the current Market cap covered by existing and incoming (Japex) cash its effectively a free ride on the prospect.

A classic case of accumulating well before the spud date.?!

ohisay
13/6/2023
18:22
free float may be gone by end of this week, chart points to sharp move to 40p
some large tight holders now.

chutes01
13/6/2023
16:34
Looks like we could be in for some interesting times !
bbm_144
13/6/2023
13:22
Somebody who knows better than to look a gift-horse in the mouth
ripvanwinkle3
13/6/2023
13:19
WHO is LBE new 3% shareholder?
anley
13/6/2023
06:38
You are correct. OilMan Jim is a waste of space - very little geological knowledge and I question whether he is incentivised by certain companies given the gushing tips on them when there is clearly nothing to gush about....
kiplig
12/6/2023
09:47
V tight price this morning, 19.72 bid, 19.87 offered. Some interest either way in 50k block.
bumpa33
11/6/2023
06:16
Posted by Ezzz on LSE.



The company had been looking to sell down some discoveries to boost its balance sheet, and had received some offers, but then Japex came along and identified Longboat as an access point to Norway’s prodigious upstream oil and gas sector.
Hammer says: “When we started this process, we didn’t expect this to happen. It was not planned.”
But with the Japex agreement, “we now have the capital that allows us to make acquisitions, develop discoveries, to really realise the value of our portfolio”, he says.

Mid-tier scale

The deal positions the joint venture to pursue a target of growing into a mid-tier company in Norway producing between 10,000 and 20,000 barrels of oil equivalent per day within the next three to five years.
“We’re delighted with this deal because what has happened in the world in recent years has made it more difficult to be a smaller company,” Hammer says.
“This will give us extra financial strength, which I think is why the market took the news so well.”
Hammer says there used to be a lot more junior companies.
“It is changing, because if you go back 10 years, the number of E&P companies active in Norway was, I think, above 50. Now it’s more like in the 20s.”
Mergers have created “some very large independent companies — strong, big companies”, he says.
“And there are the smaller ones. But what you don’t have is the midsize independents. So what I’m excited about is that with Japex we can grow into that space. I think Norway needs a company like that.

ohisay
05/6/2023
08:23
Not sure about a re rate quite so soon! But could be about to move, next to nothing on the offer…
bumpa33
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