Longboat Energy Share Discussion Threads

[danmart2] 21/8/2024 07:06

Delay is never a good thing

[katsy] 21/8/2024 06:56

So forget DRO news in summer then, little alone mid summer. Why do directors promise these things. Next time just be a little vague like say MAYBE in Q3 or H2.

[upwego] 17/8/2024 06:38

not a post in 5 days - hopefully some news soon on farm in or DRC.

[upwego] 12/8/2024 11:22

Always delays in the oil business..

One company living upto there means is AXL proper on time with most things.

Drilling two horizontal wells in the next 2 months and 2 already drilled and on production, one well 3000 bopd and the other 2200 bopd.

Nice little gem with solid activity, farm in news for this the big prospect here will be interesting, Ioc farm in would be nice with all costs paid and some cash would be a great result.

[jungmana] 12/8/2024 10:51

the licences have been provisionally granted and my guess is just going through the legal stuff . Am sure the farm out process is also going on .
come rain or sunshine am sitting tight here.

[katsy] 12/8/2024 07:25

This delay in the news on the DSO(Based on management expectations of mid summer) is reminiscent of the delay of news on the Norwegian production news. That didn't end well. I can see some are now selling. I must admit I'm getting a little nervous as well.

[sogoesit] 07/8/2024 09:40

Summer hasn't arrived where I live in England... it hasn't topped 20c.

I'm still waiting the dreaded heatwave, due to Climate Change and all those bad gases venting into the atmosphere, so I will be investing more in fossil fuels to speed up the heatwave.

As far as I know it's "summer" all year in Singapore/Malaysia/Indonesia!

[danmart2] 07/8/2024 05:32

We are now in August, I would have expected a clear plan for Malaysia by now

[cashandcard] 06/8/2024 12:31

It will come - patience.Cash

[katsy] 06/8/2024 12:01

Mid summer is over, now approaching late summer, surely news soon about the DSO's or have they reached a negotiation issue?

[jailbird] 01/8/2024 18:56

just spotted 400k buy - looks like mopped all the sells

no wonder MMs not flinching on sells recently

[jailbird] 31/7/2024 10:29

100k seller about but the share is still on the up !

[upwego] 31/7/2024 09:34

looking good :)

Big farm out with a major would be nice. :)

[stockhunters] 30/7/2024 11:43

background buyer taking up the bid/ask again

[katsy] 29/7/2024 12:34

They said mid summer, so I'm expecting it any day soon.

[divmad] 29/7/2024 12:06

When did management say they expected a DSO deal to be awarded?

[upwego] 27/7/2024 09:46

Took a position Friday here for the long term.

Looking forward to the farm out news as and when it arrives, coupled along with the cluster fields awarded.

Good luck all.

[jungmana] 26/7/2024 13:02

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 12:30

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

[purple11] 26/7/2024 06:30

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

[zengas] 26/7/2024 06:28

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 06:12

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 18:31

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

[divmad] 24/7/2024 16:37

Some money will undoubtedly come over from upl disgruntled shareholders.

[katsy] 24/7/2024 13:52

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