Orcadian Energy Share Discussion Threads

[lucifer7] 19/12/2024 13:45

Hmmmmm......Look what the other partner has already put on the table for Halo.

[albo] 19/12/2024 11:00

Why would that be lucifer?

[lucifer7] 19/12/2024 08:14

Once the deal will be fully revealed.
I've got a gut feeling that tells me the Halo acquisition is a very expensive one.

[maverick247] 17/12/2024 14:11

SmallCapPix interview with CEO https://youtu.be/d8zBzZP5n_A?si=ViAJOERUigQbLkfi

[swanvesta] 16/12/2024 13:41

Does anyone know whose balance sheet will be used for Earlham? It's good to have the Shell loan off the books, but other than that MLCP has been penniless and dormant since it incorporated a few years ago and its parent IPC seems to have burned a lot of equity over its history.

[lucifer7] 16/12/2024 07:53

RNS: Rusults out today.
Money drying out and quickly.

[euclid5] 13/12/2024 19:56

Zeus Broker Notee

On valuation, we have made various updates to account for the Earlham/Orwell farm out. We

have included the agreed CAPEX carry and repayment; we leave our Orcadian interest level

unchanged at 50%; we have updated our development assumptions (timing, plateau rate,

OPEX, and CAPEX) to reflect the most recent view of the form of the development; we have

de-risked our Earlham/Orwell value and moved this into our core NAV; and we have included

the paydown of the Shell loan. Overall,

we now value Earlham/Orwell at 31p risked (62p unrisked). Our core NAV moves from 53p to 85p, and total risked NAV from 87p to 117

Orcadian now has stakes in two material development projects, both of which we believe are

worth significantly more than the current share price. Going forward, we look for news on

progression of both projects, alongside clarity on tax and environmental regulations for the

wider oil and gas sector, to help the shares reflect more of this value.

We have a positive outlook, and value the shares in-line with our 117p total risked NAV.

[kim_clay] 03/12/2024 08:50

Not disclosed therefore not material.AFAIK Only asset was about 100mm of tax losses in the UK and Netherlands. Useful if they develop something. However they will need cash and/or full carry to develop something and to repay Shell.

[ghosturd] 03/12/2024 08:00

Does anyone know how much has Orca paid to acquire Halo?

[sigma3333] 02/9/2024 19:37

Google Dale Vince, JSO, and Labour - NSEA if fighting a loosing battle

siggy

[cat33] 24/7/2024 13:22

Nice mention from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-july-24-2024Worth reading

[value viper] 18/7/2024 11:46

Emergency placing must be on cards

[value viper] 18/7/2024 11:45

Shambles frankly - company should be ashamed really and for the lack of commsNot a word about the fact that their "partner" (!) blew them out and that they owe Shell over a million quid as a matter of urgency

[value viper] 07/7/2024 08:24

What kind of deal / "industry partner" is this ?? Answers / explanations required

[value viper] 05/7/2024 18:11

The late Friday RNS factorWhat is going on here now

[value viper] 24/6/2024 12:31

Back to price support level if give that any credence The short term pressing issue to square Shell off (on the loan) appears sortedQuestion marks re. Labour govt and North Sea probably now weighing ....Suspect back to punt levels nowBut wtfdik

[albo] 22/5/2024 16:08

VV, why "Oh dear"?

[value viper] 22/5/2024 11:08

Oh dear I'm out

[citys2874] 22/5/2024 10:39

moving up nicely today. This and RTOP could really rocket today

[citys2874] 07/5/2024 07:31

RNS OUT - strong opening start this morning

[citys2874] 03/5/2024 15:14

in the top 15 risers on the percentage gainers moving up the leaderboard

[citys2874] 03/5/2024 14:57

UP 10 PERCENT BUYERS COMING IN

[citys2874] 03/5/2024 14:47

in the top 50 risers on the leaderboard gainers