Serica Energy Share Discussion Threads

[bountyhunter] 20/7/2018 10:28

or to do that to the Iranians

[bountyhunter] 20/7/2018 10:16

I agree escrow seem the most likely option, but presumably there would be no need to involve the US banking system in that now given that direct payments to Iranian banks will be possible going forwards. That may make the escrow option more acceptable to the Iranians.

[dunderheed] 20/7/2018 10:03

Some of the "sub sea stuff" will be very complicated and integrated within full design hence as an example you will not get European suppliers maintaining American well trees etc as they will not have the parts available hence the 'complication' in my humble opinion etc etc.
Not unsurmountable with escrow account anyways.

[bountyhunter] 20/7/2018 09:58

GG - it would help if the US were cut out completely and the need for the waiver could be avoided, although due to the high pressures and specialist equipment from previous discussions that would seem to be a difficult situation to achieve, although it has also been discussed that some US equipmnet has been replaced reducing US dependencies.

[fardels bear] 20/7/2018 09:39

Wouldn't want to be out over the weekend... :D

[rathean] 20/7/2018 09:33

The more sell orders go through the higher the share price goes... down is up?

[general george] 20/7/2018 09:32

BH

I don't think it helps.

What is interesting is that the Primary US Sanctions were always applied to RHUM.
Hence the need for the waiver, even before the US pulled out of JCPOA.

Hopefully news soon.

[bountyhunter] 20/7/2018 09:31

or has it, there's a huge spread on that last trade

[fardels bear] 20/7/2018 09:29

I've learned not to on this share.

[bountyhunter] 20/7/2018 09:29

lol
shshh, but it's just taken another small step up :)

[dunderheed] 20/7/2018 09:28

Don't say the share price is holding up well though please!

[fardels bear] 20/7/2018 09:24

I'd like to say that helps us but I don't think it does really.

[bountyhunter] 20/7/2018 09:06

another step towards not involving the US in EU->Iran payments...

Europe takes 1st practical step toward direct Iran trade: Report

[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...