Serica Energy Share Discussion Threads

[bountyhunter] 14/6/2018 14:13

I agree as well fanshaw, well said!

[fardels bear] 14/6/2018 14:05

I'll have a look when I get back from Portugal, Dh.. I've only got this iPhone here and messages font work with the iOS app.

[dunderheed] 14/6/2018 13:48

Chesty FB btw I sent you a message the other day lol!

[dunderheed] 14/6/2018 13:48

I agree as well but, have reduced my holdings down to 200k and am waiting to see what TCW says in upcoming meeting. (Reduction due to more luck than judgement though lol!)
If no licence yet but forthcoming of which I have 100% confidence, I may well sell down following the old sell in May adage (even though it will be late June!).
If however we get licence then, or a big hint carrot' it could come anytime as opposed to 'likely in Q3' then I may hang around or even buy more?
In the meantime, I think 60p is an important 'psychological barrier' and if broken, we could see share price down to early fifties?

[chestnuts] 14/6/2018 12:58

Fanshaw

I totaly agree, but at the moment there is doubt, and markets hate doubt, and with Trump in charge in the USA, nobody as confidence that he will approve of the OFAC licence thats why the share price is falling.

[farmscan] 14/6/2018 12:49

I also agree fanshaw.

[fardels bear] 14/6/2018 11:55

I agree fanshaw. Shout it from the rooftops.

[fanshaw] 14/6/2018 11:47

'O ye , of little faith'?

T.C.W. is one of of the U.K. most successful oilmen with a long career in the oil

industry, starting and developing two previous succesful companies. Serica is his

third company and after bringing it back from the dead in the last 4 years with the

Erskine deal and now also if the BKR can be can be brought to a satisfactory

conclusion. This will probably his last venture and I'm sure he will want to go out

with his record intact.

[lord gnome] 13/6/2018 20:30

And on that cheery note.....

[chestnuts] 13/6/2018 20:12

If any one is interested if 60p breaks the share price will go to at least 53p and if that doesnt hold it could go back to test the gap at 40p

[dunderheed] 12/6/2018 22:47

Here's hoping for a positive update at least? I'm down to 200k of these so selfishly would like it a bit delayed, so I can try and get back in lol!

[general george] 12/6/2018 21:57

Agm coming up, 28th June, and hopefully some news, an OFAC licence would be nice and see 80p+ quuck smart. Imho this is the last piece in the puzzle. The Aberdeen HQ is lined up, recruitment has been ongoing, and the BP staff all set to transfer over.

Guidance for completion is Q3, which is fast approaching.

The wait is nearly over.

[d1nga] 10/6/2018 20:17

yes , should be 4 weeks on each well , assuming no problems , simple coiled tubing operation to bail out compacted sand that has backflowed from reservoir (thats the assumptions anyway)

[sawney] 10/6/2018 17:13

yes b dolphin due there soon for a couple of water inj workovers

Any idea of a timescale for workovers...ish..?

[d1nga] 10/6/2018 16:05

yes b dolphin due there soon for a couple of water inj workovers

[steelwatch] 10/6/2018 11:09

Blackford Dolphin now en-route Foinavon.

[fardels bear] 08/6/2018 20:21

Sounds like something that gets stuck in your throat. Let's hope it doesn't.

[steelwatch] 08/6/2018 19:27

If anyone has the time to sign up for free 5

[fanshaw] 08/6/2018 16:32

stansmith3

If it looks like ramp it probably is. I was just stating facts as I see them

the original deal was to be completed by end of june but as there had been

sanctions applied previously I believe BP obtained extra time to wrap it up

[stansmith3] 08/6/2018 13:49

fanshawyou didn't mention that either in your ramptastic post

[fardels bear] 08/6/2018 11:40

So our deal should have been sorted by then and it's no longer BP.s problem.

[chestnuts] 08/6/2018 10:50

Fardel

BP have 180 days to sort things out

[fardels bear] 08/6/2018 08:58

But sanctions are in place since May 31st, as I understood it, and it hasn't been closed down yet..

[chestnuts] 08/6/2018 08:38

Captain

You are correct Rhum 3 was never completed ,