Serica Energy Share Discussion Threads

[spangle93] 17/10/2018 12:22

Almsivi ref 10582 (Erskine production)

While we must expect some kind of ramp and stabilisation period, it's possible with reservoir recharge during the shut in period that we'll get a flush production higher than these figures once steady state is re-established?

[dunderheed] 17/10/2018 11:49

Blimey obmuj - re rns I assume because of recent flurry of buys?
Best of luck with that and it would be great news but I have a 'feeling' when the likes of Almsivi are coming with 'later' dates - that's where my guessing lies lol!!
Best of luck all!

[obmuj] 17/10/2018 11:24

Talking of ISA's and PEP's etc: I bed 'n ISA'd at 111p the other day for my partner and as mentioned a week or so ago took out a T20 (to cash in or keep in November) so hopefully have got it right this time. Never get it right normally but maybe, just maybe this time.
For the record I've got out of Africa (disasters with SEY, AFR et al). So pleased to have come across this stock. Due diligence aside it just has a great feel to it with people at the top who are NOT like AFR.
I'm going for RNS tomorrow.

[robo175] 17/10/2018 11:14

By the way I have these in mine and my wife's drawdown pensions but I also have been trading £20000 worth since the 1st BP news and built that up to £38000.

[robo175] 17/10/2018 11:12

Bought another £10000 worth this morning

[dunderheed] 17/10/2018 10:51

Ironically my isa / pep stuff (see longevity) is rubbish but my non isa stuff a 'little' in profit at last lol!!

[almsivi] 17/10/2018 10:47

Agreed Fardels. My entire holding has an "Osborne Free Wrapper" on it - you'll note the name gives away when I bought my holding lol

[fardels bear] 17/10/2018 10:31

Doncha just love ISAs with SQZ in?

Mind you, we've waited long enough..

[dunderheed] 17/10/2018 10:28

I think really we've got until this Friday to make any changes bh.
That I am afraid is final decision!!

[bountyhunter] 17/10/2018 10:21

ok Dh if nothing happens by next Tue I'll change to the following Tue with my one change allowed ;)

[smokieuk] 17/10/2018 10:13

I think it's reached at a new peak, never been this high before. My online broker offered me £1.1617 for 10,000, which I didn't take. Slipped a bit now

[captainfatcat] 17/10/2018 10:03

@nicnic1953 I meant to say earlier congratulations on having your ISA stuffed full of SQZ from those low levels.

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Good chance I would think todays rise is on the back of Erskine hydrate blockage being cleared and coming back on line.

[dunderheed] 17/10/2018 10:03

In fact I'm going to - as it's 'my' competition - I'm going for Monday next lol!
Everyone's allowed one change by the way!
Ahem I'll get me coat.

[dunderheed] 17/10/2018 10:01

Damn it - I had Thursday and after don's cryptic message this morning I was going to change to Monday the following week!!
GG - yep great stuff - well happy here now - I think the future looks really great!

[general george] 17/10/2018 09:57

Up 6% all of a sudden

[almsivi] 17/10/2018 09:57

Friday next week. Maybe.

[dunderheed] 17/10/2018 09:55

almsivi will you be proffering a suggested rns date for that?!

[almsivi] 17/10/2018 09:53

Erskine production prior to the pipeline restriction was capable of 14,500 barrels of condensate a day & 2500 Ksm3 gas (or 15,000 BOE)

Sericas share of that would be 2500 bpd oil & 2700 boe gas - an increase of 1100 bpd condensate & 52,034 therms

Financially that works out at a potential increase in £90,000 per day for the condensate and £36,500 a day for the gas.

Monthly Increase: £2,800,000 to £3,600,000 for liquids, increase of £2,500,000 to £3,700,000 for the gas.

It would be wonderful if we returned to that kind of export performance.

*caveat - all calcs done at current prices & exchange rate*

[smokieuk] 17/10/2018 09:22

There are not really that many separate trades if you aggregate the automated trades which have the same timestamp.

If you take out the automated trades completely there's just a handful of ordinary trades, 9 at the moment to be precise.

Still, the price is moving in the right direction... :-)

[spandy83] 17/10/2018 09:05

Very busy morning... given we haven't had any holdings news; I wouldn't be surprised if there's a bit of accumulating going on for someone at this price range.

[mamama1] 17/10/2018 08:51

Decent trade went through earlier

[pineapple1] 17/10/2018 08:42

Busy volume wise today....

[dunderheed] 17/10/2018 08:22

No bh, I think what don is saying, at least next Thursday before we hear officially his tummy is better.
I am minded now for possibly even later!