Longboat Energy Share Discussion Threads

[dbnout76] 27/9/2023 08:08

10pence here we come

[dbnout76] 27/9/2023 08:06

Moving along so nicely that it drops 10%

[lisat3] 27/9/2023 07:41

Moving along very nicely - with a very supportive Japex...


hxxps://www.japex.co.jp/en/

[dbnout76] 27/9/2023 07:36

Dull as dish water!

[alhambra1] 27/9/2023 07:28

Highly satisfactory RNS


😆

[ohisay] 26/9/2023 09:03

The up to date financials as between Longboat and Longboat Japex will be the new information.

[dbnout76] 25/9/2023 22:18

Any idea what to expect from the interims?

[ohisay] 25/9/2023 14:15

Its gone down on hardly any volume.
The time to be worried as always is when there is a big increase in sales .

Most folks are just waiting for the interims on the 27th to more clearly establish the fundamentals.

[dbnout76] 25/9/2023 13:26

Down it goes...not sure when this will improve

[sogoesit] 20/9/2023 10:32

Thanks your feedback, Darcon.
Cheers.

[darcon] 20/9/2023 10:00

They still need to complete their existing production deal so there will be an RNS about that once they complete.

They may also enter other SE Asian countries via licensing rounds or M&A as with their new team in SE Asia they've expanded their geography beyond Malaysia.

There's also potential for more M&A news as well as news about progressing plans with JV partners on following up on LBE's existing discoveries.

But I think the immediate next news will be the interims unless they spring a surprise.

[sogoesit] 20/9/2023 09:30

Yes, agreed Velocette never priced-in.
Will they get a bit of a bonus (of the $30m)?

Ok, what's next up?
- Interims
- a production deal?
- any licencing results in Norway?

I think that's it for the wells for the foreseeable? Lotus & Oswig marked for end 2024.

[hamid1970] 20/9/2023 08:17

Picked up some more this AM, success was never priced in and has opened up a buying opportunity. Fillyerboots

[dbnout76] 20/9/2023 07:26

-20% day minimum

[bumpa33] 20/9/2023 07:23

Yep, not brilliant for sure. But hoping the mm’s over do it on the downside.

[bumpa33] 16/9/2023 08:37

Ditto, said exactly the same elsewhere - Menzies has got the kind of vibe and interest that Helge and the gang bless ‘em, don’t :) Kertang is gonna be one hell of a story anyway, but now we have a storyteller to suit.

[ohisay] 16/9/2023 03:55

Investor Meet session .
I must say I like the new guys LBE have brought into the company,

[captain james t kirk] 15/9/2023 13:18

Thought you folk might be interested in the following links:

[sogoesit] 15/9/2023 09:59

Meeting at 10am BST... now'ish..
Let's see what they have to say.

- taking on Topaz managers for "expansion in SE Asia" with incentives to grow production
- targeting gas
- explo initial but expect M&A for production (implied sooner than activity on new block)

- Kertang is deep water (1,000m) but "giant" prospect 9tcf
- Well cost estimate today's money about $50m+

- Norway, ongoing project discussions in progress; uncertain time scale

That's it, Interims in a few weeks!

[ohisay] 14/9/2023 03:22

From Cavendish broker note ..

A Successful, Supportive Jurisdiction: Malaysia’s E&P industry shares many of the same characteristics as Norway, where a high barrier for entry results in limited competition and a strong, supportive regulator encourages new entrants. The opportunity set in Malaysia is like that of the North Sea 15-20 years ago, where the majors/supermajors are looking to rationalise their portfolios.
Despite having a mature oil & gas industry, Malaysia has enjoyed a huge amount of exploration success in recent years. Of the 16 wells drilled in 2022, 10 resulted in discoveries (a c63% success rate), of which eight were discovered offshore Sarawak.

[ohisay] 13/9/2023 10:37

Aside from the Investor Meet on Friday at 10.0am ...I note Auctus this morning mentioning interim results due on 27 September when we should see some Financials amongst other things.

[ohisay] 13/9/2023 07:46

A bit of history from last February..



And this is outwith Japex of course .
This is LBE doing its own thing ..

[dunderheed] 13/9/2023 07:39

Absolutely. Nice little deal, IMHO.

[bomber13] 13/9/2023 07:34

This deal on Block 2a offshore Malaysia seems to infer Longboat's 52.5% interest is worth up to $10m on a successful drill . With Longboat's current $16m market cap arguably based solely on prospects in Norway , this is surely yet another major catalyst for the shareprice ?