Serica Energy Share Discussion Threads

[bountyhunter] 02/10/2018 21:09

absolutely, and not even published on the day it would have been remotely relevant!

[general george] 02/10/2018 21:05

Tks BH,

Rehash of that old 3% article, effing useless lazy journalism.....

[bountyhunter] 02/10/2018 20:59

Try looking in an incognito browser GG.

The article is inaccurate, e.g.

"Rhum — which alone accounts for 3 per cent of UK gas production"

Wrong! It's 6% of UK production.

Also the deal requires a new OFAC licence to be issued post Nov 4 and it's always possible that no waiver will be required since we are not importing oil (or gas) from Iran but only from the UK NS. It may be however that some temporary arrangement has to be made re IOC proceeds but that's yet to be seen. As has been said though I can't see that the licence would have been extended for BP post 30 Sept until 4 Nov if it wasn't going to be also extended post 4 Nov for SQZ

[general george] 02/10/2018 20:42

I can't see that article?
Can someone cut n paste plse?

[circles of stone] 02/10/2018 20:18

Good luck tomorrow Dunderheed

[circles of stone] 02/10/2018 20:16

Not news at all - merely a position statement. They do not consider why the license was extended to Nov 4 at all? OFAC had perfect opportunity not to extend on 30 Sept yet chose to allow an extension. Also, I think Mitch said Serica would need a few weeks before the license is granted to transfer all operations. So, perhaps we shall know sooner than November.

[farmscan] 02/10/2018 20:05

Good luck tomorrow Dunder, hope all goes well.

[fardels bear] 02/10/2018 19:49

And besides we think it won't collapse.

[fardels bear] 02/10/2018 19:49

Yawn. They're late to the party and with unfashionable car keys.

[sawney] 02/10/2018 19:13

Nothing that hasn't been said before...


Serica Energy’s deal to buy out BP and Total from a series of North Sea oil and gasfields will collapse next month unless the US grants a waiver allowing it to continue operating one of the assets in which Iran also holds a stake, according to people familiar with the talks.....

[vanadiumx] 02/10/2018 19:05

I am a holder here and have been for a long time. Just want to alert everyone that there is this in the FT as of 2 hours ago. Nothing new for those in the know:



Serica Energy’s North Sea deal under threat
Planned acquisitions from BP and Total face collapse over Iranian stake

Should be available to all even without subscription?

[general george] 02/10/2018 19:04

DH

I have some Ophir yes, but haven't moved on. Hold most of my Sqz, and waiting patiently.

I think Ophr is great value.
If they get sth from Fortuna or Tanzania, then even better.

I'm in for production and Mexico Explore. I think it should be much higher

2019 profit should be over $150m
By my calcs. Steifel have $190m pencilled in. Upside obvious.

Sorry for OT

[steelwatch] 02/10/2018 19:02

Dh - think I broke my f@rting clapper!

[autographs] 02/10/2018 18:21

New here. Bought a few of these 3 months ago and things looking positive. Any information or forecasts welcome.

[bountyhunter] 02/10/2018 17:19

Lol, completely missed that one which came around much sooner than expected!

[captainfatcat] 02/10/2018 17:18

Saved for Dunderhead

[bountyhunter] 02/10/2018 17:15

Had one of those, lots of loud clunking going on for ages, nothing terrible found though fortunately!
I'll go for a Friday RNS re Erskine but would be very happy to see it sooner.
DH - just think of that pizza with loads of (healthy) toppings when you're in hospital and I'm sure you will be fine!

[steelwatch] 02/10/2018 17:00

Good luck for tomorrow Dh. Spent the best part of an hour in an MRI scanner late yesterday afternoon with worse to follow :o(

[dunderheed] 02/10/2018 16:45

Could be any of the 7 days though couldn't it CFC?
I'd have 'thought' we may have seen a flurry of small buys prior to this.
Having said that, that's probably a sure fire sign we will have rns tomorrow!
I'll miss that one no doubt as well!

[captainfatcat] 02/10/2018 16:32

Last week on the 28th Energy Voice quoted Chrysaor as saying the Erskine bypass pipeline to be operational this week.

Tomorrow maybe?

[fardels bear] 02/10/2018 16:24

You'll be a shadow of your former self then. Boom boom.

[dunderheed] 02/10/2018 16:14

Mate of course it will, I'm a bloody super human, me.
I will definitely be treating meself to a wethers pizza tomorrow evening - I'm bloody hank marvin mate!!

[bountyhunter] 02/10/2018 16:11

Good luck DH, hope all goes well.