Ophir Energy Share Discussion Threads

[nigelpm] 10/11/2016 14:36

Sometimes putting 1+1 together does make 2.

[nigelpm] 10/11/2016 14:32

hxxps://www.linkedin.com/in/carl-trowell-37886626 - ah yes, I remember the debate now.

I said it was deliberate - looks like I was right!

[zcaprd7] 10/11/2016 14:31

Nigelpm it was...

[zcaprd7] 10/11/2016 14:30

Carl Trowell, back in August...

[zcaprd7] 10/11/2016 14:29

Well, I highlighted the chaps CV, but someone else seemed to be in the known about the deal...

[pineapple1] 10/11/2016 12:12

So they did. I remember that to. Who ever did so a hat tip to them....

[zcaprd7] 10/11/2016 12:08

I believe someone predicted Schlumberger would come back on this forum, I think after an ex employee joined the board?

[pineapple1] 10/11/2016 12:07

Its never a good idea to invest in any country where the name ends in Stan.(Kaz ,Kurd etc) Thats right across the board for the lot of em. You'll lose your cash by doing so. I won,t touch em....
imho

[nigelpm] 10/11/2016 12:01

I agree with your reason to be sceptical on this but I assume from today's announcement and with the buy-in from Schlumberger that they think it can work at today's gas prices otherwise they wouldn't entertain it.

And also perhaps why they've been offered a better deal to go ahead with it.

Of course FID is Q1 2017 so could yet fail before then.

[fsawatcher] 10/11/2016 12:00

genel gonna go same way as gkp coz kurds jus take all profits and ask companies to put all the money they gove them back into the field development

so wot you get is shareholders jus fundin the kurds and gettin nuffin back apart from more debt

it called humanity charity or shareholder stupidity

problem with kurd assets is they ave short operational life due to geo structures

the well life is like a bluebottle

they jus not commercial for shareholders with oil at low 50's or 60's

avoid everything from kurdistan or you get burned and lose every thing

[pineapple1] 10/11/2016 11:49

Nigel.....its good that they,ve managed to get it away at all. I,m not convinced by the economics of many of these large offshore LNG projects globally. Many are hoping that we get higher prices in O@G. Perhaps we will .They will certainly be smarter than me in forcasting such things .
But the market seems to have warmed to the idea and the rise is on good volume so it looks the real deal for the moment...
imho

[nigelpm] 10/11/2016 11:45

No mate - we come here to discuss OPHR - not read your ramping - you're filtered.

[wantmorethan24p] 10/11/2016 10:33

you guys want to make another killing read this

hxxp://www.dno.no/en/investor-relations/announcements/2016/dno-reports-third-consecutive-quarter-of-operating-profits-completes-first-phase-of-new-tawke-drilling-campaign/




GENEL should have put out a major OPERATIONAL UPDATE(its BRILLIANT NEWS) but they have not.(still waiting)
this is free insider information you will ever get and its in the PUBLIC DOMAIN


pass this on to your mates.

[nigelpm] 10/11/2016 09:51

Feels ball park about right FSA - and that's before any kinds of deals on other assets etc...

[fsawatcher] 10/11/2016 09:49

when ophr's assets finally get into production the company gonna be making about $300mln profits per year

even on conservative basis the market should price in 50% of that on p/e12

you lookin at fair value price of £1bln right now and more with cash balance

this worth 150p easy money

[nigelpm] 10/11/2016 09:38

To be fair pineapple it's not as good a deal as before. Thanks for your input - genuinely great to have you here marking my bullish bias.

[andyc100] 10/11/2016 09:37

So it looks like they will receive $120m in back costs if my calculations are correct.

Is that reasonable?

[nigelpm] 10/11/2016 09:27

Dunno, but it was seriously undervalued before so who knows.

[wantmorethan24p] 10/11/2016 09:26

how high will this go on todays news because it was definately not in the share price.

[wantmorethan24p] 10/11/2016 09:24

80p today on todays news.

[pineapple1] 10/11/2016 09:12

Ok. Cheers Nigel....

[jotoha2] 10/11/2016 09:07

Let's break that pesky 80p barrier once and for all.

[nigelpm] 10/11/2016 08:58

Pretty obvious actually - when you note $800m cap investment and OPHR only plugging $150m into that.

Although gives me c.18% so some other bits and pieces going on.