Serica Energy Share Discussion Threads

[bountyhunter] 14/2/2019 22:04

Dh, we don't want to tell anyone about that gem!

[bountyhunter] 14/2/2019 22:02

From the IR contact or did you email directly (last question!) Just wondering if the message got through or not.

[fardels bear] 14/2/2019 22:00

Yes, Bh but only a we couldn't possibly comment jobby.

[fardels bear] 14/2/2019 22:00

Me too mate. :)

[dunderheed] 14/2/2019 21:54

Can u e mail them "we're ahead of the whole market" EOG, as a suggestion please FB?
On second thoughts don't bother I can almost hearing the sqz mgt laughing already.

[bountyhunter] 14/2/2019 21:53

Well done in that case. Do you get any replies though?

[fardels bear] 14/2/2019 21:50

I email with suggestions. ;)

[bountyhunter] 14/2/2019 21:31

You mean on this board or have you actually spoken to one of the directors about IOG?

[fardels bear] 14/2/2019 19:34

They are well aware of iog I'm sure. I keep telling them!

[bountyhunter] 14/2/2019 16:12

I wish SQZ would snap up IOG!

The assets are great, IOG is grossly undervalued Vs their assets and it would get me out of a hole!

Dh - don't mention the financing! ;)
Although Sqz do have more than enough cashflow to cover that.
Ineos might beat them to it though :)

[bountyhunter] 14/2/2019 15:55

Maybe they could Joe and on successful completion of Brexit be rewarded with £39 billion with which they could make a pretty big acquisition!

[dunderheed] 14/2/2019 15:55

Well where did BKR come from - we didn't have a clue or visibility about that at the time?

[joestalin] 14/2/2019 15:47

I am sure they could spare 31 working days to get us out of the EU.

What further acquisitions are a distinct possibility? There are very few candidates that I can see.

[bountyhunter] 14/2/2019 15:43

Yes I think it's fair to say that their negotiating skills are second to none so further acquisitions are a distinct possibility, it's a pity they are not negotiating Brexit!

( on second thoughts maybe not or they wouldn't have any time left for SQZ! )

[dunderheed] 14/2/2019 14:48

yes it's the potential further acquisitions that have me most motivated and interested here - plus of course the inevitable evolution of the full assets for BKR to SQZ over the next couple of years?
A lot can happen in the meantime lol!!

[bountyhunter] 14/2/2019 14:42

True enough, 22% + 22% for each prospect I believe.
( and it's a free carry )

But don't want to raise expectations although I didn't want to be out and risk missing out on a load of crazy excitement here lol! 😀

...also potential further acquisitions.

[dunderheed] 14/2/2019 14:34

Yes bh but it does have low CoS/PoS - any discovery would be a lovely surprise.

[bountyhunter] 14/2/2019 14:18

While things are quiet here, a reminder about Rowallan...

31 Dec 2018: Rowallan spudded by Ensco 121:
[News about 10 May ?]

"An independent competent person's report estimates Serica's net Rowallan prospective resources to be approximately 20 to 60mmboe (P50 and P10 respectively) within block 22/19c.

In the event of success, there is additional upside potential provided by the nearby Dundonald and Sundrum prospects, which are geologically similar to Rowallan. The Rowallan prospect may also extend onto Serica's recently awarded 30(th) Round blocks directly to the south.

Serica is fully carried for the exploration well, which is expected to take around 140 days to drill. A further update will be provided once the well has reached TD and initial results are known."

[winston8643] 14/2/2019 13:08

Have bought a few today , all came up as sales ?

[bountyhunter] 14/2/2019 11:51

Know how you feel cfc, I've also travelled around the world in a previous job before I settled down.

[captainfatcat] 14/2/2019 11:47

BH yes had to pinch myself on more than one occasion, ultimately spending time with family was more important to me

[bountyhunter] 14/2/2019 11:26

must have been a great experience cfc

.. meanwhile, back at the ranch, there's been a bit of a drop following a few small sells (while natural gas is up by about 1.5% by the way)

[captainfatcat] 14/2/2019 11:15

FB I started with level 2 my last proper job afloat prior to moving back ashore after starting a family was in 2005 skippering Spirt in New Zealand.