Serica Energy Share Discussion Threads

[general george] 08/8/2018 09:41

Nice find Rivaldo.

138p is still cheap once complete.

[blueball] 08/8/2018 09:37

Stay long.

[rivaldo] 08/8/2018 09:27

Peel Hunt today increase their target price to 138p (from 129p) and say Buy:

[robo175] 08/8/2018 09:22

Fully agree GG it's just a matter of when not if.

[general george] 08/8/2018 09:18

Well share price has been holding up nicely and rightly so.
Any dips yesterday were snapped up.

I have read several reports stating that waiver will be issued in special circumstances. Surely SQZ is one of those.

It's just a waiting game for confirmation and completion now.

With all the partners on board, incl. Total, the staff consultation period finishing for BP staff transfer, the HQ opening (handover next week) and the OGA approval(who have seemingly ok'd this transaction by their involvement in the OFAC negotiations). The last part of the puzzle appears to be the waiver for the existing subsea wellheads.

We could have production of 26k boepd very soon, with Erskine back online.

[fardels bear] 07/8/2018 20:27

Arghhh no signal. With you in spirit..

[bountyhunter] 07/8/2018 16:39

I think the CNN news story is probably as reliable as any, although the reporting is mixed.

[general george] 07/8/2018 14:43

Hi Tom.

On CNN, Rouhani is quoted as saying lets talk.
And John Bolton, Trumps most senior advisor has said Iran should take Trump up on his offer.

I cant find anything saying Rouhani refuses to talk?

Of course this is fast changing, who knows what happens next!

[winston8643] 07/8/2018 14:38

Well the weak holders seem to be being mopped up by some steady buying.

[tom111] 07/8/2018 14:22

General George you may be be a little behind the news Rouhani refuses to have direct talks with the US.Google IRAN NEWS for latest news

[bountyhunter] 07/8/2018 14:03

in which case they may have to rent this and stick it over the Rhum field...

[bountyhunter] 07/8/2018 13:54

ah, forgot about that, quite right!

[steelwatch] 07/8/2018 13:53

bounty - re your 8709, could be wrong, but afaik there is no Rhum platform. Producing wells are connected via a subsea tieback to Bruce.

[bountyhunter] 07/8/2018 13:26

or the typo is simply...

2. At press conference/photo call, Trump says Rouhani is a brilliant world leader/statesman

then later says that was a slip of the tongue!

and of course 6. will apply...

6. Lord Gnome kicks of the dancing at the after party at Turnberry

[captainfatcat] 07/8/2018 13:16

No 2 must be a typo I expected it to read

At press conference/photo call, Trump says he is a brilliant world leader/statesman the best ever, ask the Iranians they love me!

[general george] 07/8/2018 13:09

ok

2. They begrudgingly shake hands at press conference

6. Lord Gnome kicks of the dancing :)

[bountyhunter] 07/8/2018 13:07

might all happen except for 2.

[general george] 07/8/2018 12:59

Tom111,

I can see a meeting, Rouhani has just been asking for one?
Things are desperate over there.

How to end Trump sanctions on Iran:

1. Rouhani offers to meet with Trump - Done
2. At press conference/photo call, says Trump is a brilliant world leader/statesman
3. Rouhani promises to never pursue nuclear weapons again
4. Trump declares victory + nobel peace prize
5. Iran carries on as before

If it worked for North Korea, it can work any where

[tom111] 07/8/2018 12:36

Cant imagine Iran meeting Trump any time soon Iran is entrenched in its ways.Maybe there will be an uprising people are suffering over there

[bountyhunter] 07/8/2018 12:34

maybe they could meet up on the Rhum platform since half owned by IOC and roughly the same distance from the two countries :)

[bountyhunter] 07/8/2018 12:09

then oil price slumps (probably dragging gas down from the current levels a bit with it) but SQZ doubles :)

[general george] 07/8/2018 12:04

Just needs them both to agree to a sit down and then we are halfway there.

Hurry up and get this posturing done, make nearly the same deal.
Claim success.
Back slapping all round.

Job done

[robo175] 07/8/2018 11:45

Doesn't take much AT trades to move the share price here, just weak holders again.

[general george] 07/8/2018 11:16

Well as with all trades there is a buyer and a seller, so someone bought them :)

I assumed buys due to the amounts. Someone bid low and got a bargain

[farmscan] 07/8/2018 11:10

General, what makes you say they're buys? Showing as sells.