Serica Energy Share Discussion Threads

[captainfatcat] 19/7/2018 15:39

Added a few SQZ and TXP today


8-)

[steelwatch] 19/7/2018 15:32

Not able to add further, other to say I imagine the EWT would have included flaring followed by a pressure build-up period to assess eventual optimal production rate, prior to connecting to production facilities.

[sawney] 19/7/2018 15:06

Rig preparing to move to Rhum?

No...still another month or so at Foinhaven...

[riot2] 19/7/2018 14:42

Sorry Steelwatch,

What's the upshot of that?
Won't be headed to Rhum unless another application is made?

[steelwatch] 19/7/2018 14:36

It should be noted that the EIA Direction (Direction to Undertake an Extended Well Test (EWT)) application was rejected prior to BP switching Blackford Dolphin to Foinavon. A further application in this respect has yet to be submitted according to:



Select 2018 from the dropdown menu and search under the Well Intervention tab.

[riot2] 19/7/2018 14:28

Maybe that's the increase in interest in SQZ?

Rig preparing to move to Rhum?

[sawney] 19/7/2018 14:10

yes....theoretically still is....

[riot2] 19/7/2018 14:09

Was Blackford Dolphin contracted for Rhum3?

[sawney] 19/7/2018 13:51

D1nga....thanks for that...

[d1nga] 19/7/2018 13:45

First water inj w/over at foin completed by blackford dolphin , rig preparing to move to next well

eta , these are both coiled tubing operations , so I don't know how the rest of the rig is going to perform after being stacked

[tom111] 19/7/2018 13:36

If they sanction the Rhum field where are we going to get the 5% gas from Russia,Donald wont be very happy after having a pop at Germany lol.A farce in the making

[general george] 19/7/2018 13:26

True, but I'd settle for an R3 drill in the next 6 weeks :)

[tom111] 19/7/2018 13:20

Cantor Fitzgerald in a note said"The deferral will create more production in the future as the amount paid away reduces 60% 2018 50% 2019 making Rhum field more value to it"Very true.

[dunderheed] 19/7/2018 13:09

Exactly and we've got August to get through, then maybe a good time to pick up a few 'on the cheap'? lol!!

[general george] 19/7/2018 12:46

No one is getting ahead of themselves.

End of September is some way off of course......

[rathean] 19/7/2018 12:45

Agreed, this is moving without real purpose but nice to have a splash of blue on my screen :)

[dunderheed] 19/7/2018 12:41

Let's not get too ahead of ourselves here guys.
Volumes pretty low and if no forthcoming news we may be a little 'disappointed' in the next few weeks?
I do agree with some of the price suggestions though when waiver or 'other significant unknown' news comes?

[bountyhunter] 19/7/2018 12:39

Certainly £1+ on waiver secured & BKR completion, I'll go for 90s on securing waiver rising to £1+ approaching completion :) imo

[general george] 19/7/2018 12:33

If the waiver is secured, I think it will be £1 as well.

On completion, more.

Lots of other news coming as well.

[tom111] 19/7/2018 12:08

The way this is going it will be over a quid if good news lands imo

[robo175] 19/7/2018 11:32

Or just reality setting in.

[dunderheed] 19/7/2018 11:19

Yep same here!

[bountyhunter] 19/7/2018 11:08

hope so, either way I'm confident that common sense will prevail re Rhum

[dunderheed] 19/7/2018 10:09

Ummm perhaps there is news (leaks) then lol!!