Riverstone Energy Share Discussion Threads

[pillion] 30/1/2018 16:23

Big drop today

Kwa nini jambo hili ili ?

[llef] 08/11/2017 08:15

riverstone are selling 90m USD worth of centennial shares - taking advantage of the spike in oil prices perhaps?

Riverstone Energy Limited ("REL") has participated for its proportional share of the offering, resulting in the sale of 4,346,633 shares, equivalent to 18.2 per cent. of its total investment in Centennial

[jonwig] 23/10/2017 07:55

3Q portfolio (30/09) increased by $138m over 30/06. Assuming other assets and liabilities were constant, that's an increase of $1.6 per sh in NAV (125p).

Castex 2005 should probably be written off, as it applied for Chapter 11 earlier this month.

[jonwig] 19/10/2017 07:32

Tipped by Questor in the DT. Suggests unquoteds undervalued on books.

[xxnjr1] 12/7/2017 09:09

Huge discovery offshore Mexico in fairly shallow water, although minimal investment of $1m so far, versus commitment of $38m into Sierra. Original commitment was meant to be $76m, however Riverstone passed half of that to Talos, also a Riverstone entity. Anyway I guess RSE will be investing the other $37m soon.....

Also congrats to Tony Durrant and Premier Oil.

[xxnjr1] 01/3/2017 12:48

And good operational progress with the unconventionals. Permian's pretty hot now, so we may see some partial or full asset monetisations there going forwards.

[phillis] 01/3/2017 08:30

good results

[xxnjr1] 11/1/2017 18:41

Memo to self :) Share buyback completed today. Maybe these will resume gentle ascent again!

[xxnjr1] 04/1/2017 11:31

Memo to self :)



Probably take about 8 working days to fulfil that. Expect the share price to trade sideways for a couple of weeks!

[xxnjr1] 28/12/2016 10:23

Ah! So Riverstone Energy ARE investing another US$93m into CDEV!

[xxnjr1] 20/12/2016 00:43

I reckon Leuschen and Lapeyre have fulfilled their £6.5m buy order now. Expect the share price to resume its gentle ascent!

[xxnjr1] 07/12/2016 17:14

Wrt:

So far, according to my calcs, Messrs David Leuschen and Pierre Lapeyre have purchased 389,833 shares in RSE at an ave weighted buying price of £12.83p per share. Quite remarkable they've managed to buy those shares without affecting the share price, given that crude oil price has risen significantly as well!

[xxnjr1] 30/11/2016 10:59

Riverstone Holdings(US) putting another $500m into Centennial to fund the Silverback Exploration acquisition that adds another 44,000 gross acres in the Delaware. However no RNS from RSE suggests they are not participating. CDEV shares still trading around $16.

Meanwhile RSE putting another CAN$84m into CIOC to acquire remaining warrants.

[xxnjr1] 12/10/2016 02:08

Centennial Resource acquisition voted through by Silver Run yesterday, with SRAQ closing on NASDAQ last night at $15.86 vs Riverstone + affiliates $10 per share buy out price. RSE committing $175m.

[xxnjr1] 31/8/2016 03:08

Quite a lot of deal flow at the moment in Permian, Eagle Ford and Western Canadian Shale Basin Assets which bodes well for RSE. Hopefully these are going higher in the medium term.

[luckymouse] 30/8/2016 14:55

quiet board - at resistance now - will she go through

[anley] 29/1/2015 11:45

Good results and the clearing out of small shareholder in a thin market.

I have taken my profit on the recent big rise but will continue to watch this fascinating company.

[jimbo55] 23/1/2015 15:10

Yeah. That's an interesting move up! I have no idea what is behind it. :)

[anley] 22/1/2015 17:57

Well we are both wrong with our timing but at least I kept a core number........

[jimbo55] 18/1/2015 00:23

I will be watching this closely over the next 12 months. These guys have both the cash and the knowledge/experience to be able to take full advantage of distressed players in the oil industry. I wouldn't be a buyer just yet as this stock is likely to get caught up in the carnage so a better entry point could well be achieved.

[anley] 12/1/2015 10:05

These guys do everything right but are in the wrong markets at the wrong time but have the cash.

Not a money making share just at the moment as oil/gas is so out of favour.

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[jimbo55] 20/12/2014 13:50

I see the potential, but I'm not buying anything oil-related right now. I want to see where the US Dollar is trading at in 6 months time, and what kind of nasties a stronger USD has flushed out of the woodwork...

[anley] 06/11/2014 14:32

One day investors are going to wake up and see the potential of this business and the shares will then fly back to the £10 IPO price........today's price is 860p.