Serica Energy Share Discussion Threads

[jimarilo] 06/11/2019 09:50

In what way ?

[fardels bear] 06/11/2019 08:37

That an ad for GBP, Jim?

[fardels bear] 05/11/2019 09:26

Spot gas 44.10 and rising.

[jimarilo] 05/11/2019 00:36

Indeed $50m expensive. Not a good advert to see BP walk away after the seismic results, but I guess walking away may have been more to do with the effects of the Deepwater Horizon disaster ?

[fardels bear] 04/11/2019 18:01

Don't we already have the expensive BP paid for seismic?

[jimarilo] 04/11/2019 17:33

They will need to drill a well, before the the next period is even contemplated and then decided to on a 25% relinquishment

Exxon are quick out of the blocks with their licences since entering Namibia. Even their most recent blocks awarded this year, they are currently shooting 3D seismic

[dcarn] 04/11/2019 09:50

I'm only going by the info below.



*Only commitment required by December 2019 to drill one well before December 2021.

The info is from last year, and they may have got an extension, but i havent seen anything more up to date.

[fardels bear] 04/11/2019 09:39

Apparently not.

[manicat] 04/11/2019 09:29

does the namibian license expire in december ?

[smokieuk] 04/11/2019 08:13

(Deleted, already posted. Apols)

[almsivi] 02/11/2019 12:24

From my own point of view and opinion, fracking should be the very last resort and should be pursued only after we've recovered as much from the North sea as we can.

The reason is simple, there's a finite amount of time to get what remains in the N Sea out while it's still commercially viable and while the infrastructure is there to support its extraction and transportation. Once they start cutting up platforms and pipelines, it's all over.

Focusing on North Sea discoveries should be the overriding priority until it's patently obvious that it's either a defunct investment or a needless endeavour.

Onshore fracking is the low hanging fruit that should be saved for a rainy day if such a day ever comes.

[smokieuk] 02/11/2019 11:03

More likely to do with earthquakes than be politically inspired. Or did they not happen?

[fardels bear] 01/11/2019 16:28

Intraday reversal, again. Interesting.

[captainfatcat] 01/11/2019 10:49

Single 250k trade gone through

[steelwatch] 01/11/2019 08:47

Thanks Rivaldo 👍

[spandy83] 01/11/2019 08:45

Really weird price action this AM too....

[spandy83] 01/11/2019 08:44

Nice solid base in mid to high 130s being built now. The lack of director buys does make me pretty hopeful there's a deal in the offing; and perhaps has been for some time; as they missed out on buying in the low 100s after the disappointing well result (which was a very obvious time for some director buys). Here's hoping!

[captainfatcat] 01/11/2019 08:44

Nice spot thanks

[rivaldo] 01/11/2019 08:13

News from yesterday:



"Maersk Drilling bags £6.2m contract for Columbus well
by Mark Lammey
31/10/2019, 8:53 am

Maersk Drilling has won a £6.2 million contract with Serica Energy for a development well at the Columbus field in the central North Sea.

Work is expected to begin in the fourth quarter of 2020, with an estimated duration of 70 days.

The harsh environment jack-up rig to be used for the job has yet to be assigned.

London-listed Serica received approval for the Columbus project from the Oil and Gas Authority a year ago.

Serica aims to start production from the 13.4m barrel field in the second quarter of 2021, with output reaching 7,800 barrels of oil equivalent (boe) per day at peak.

The project will involve a single well connected to a planned pipeline between Arran and Shell’s Shearwater platform.

Serica is the operator of Columbus with a 50% interest.

Its partners are Tailwind Energy and Waldorf Production, with 25% each."

[winston8643] 31/10/2019 11:40

Who are these boys that trade 4 shares ?

[fardels bear] 29/10/2019 21:14

Very tightly here.

[upomega] 29/10/2019 19:53

Inmo any takeover/merger would be welcome now if there was a decent premium not involving garden plants

[farmscan] 29/10/2019 19:48

I would have thought a hostile take over could be difficult with 36% of the shares being held by Jeffery Harris (ex director), David Hardy, BP and SQZ directors. The remainder seem to be quite tightly held by the likes of us.