Sound Energy Share Discussion Threads

[times104] 11/6/2017 10:41

Strongbuy-good!...Good?...goodbye!...Good...buy? GOODBUY!...BUY! BUY! BUY!...

[telbap] 10/6/2017 18:02

What, not cake?.......

[ngms27] 09/6/2017 08:24

If Corbyn ever gets in then rather a lot of us will be eating dirt

[1westham] 09/6/2017 08:19

I thank you!

[mikemichael2] 09/6/2017 08:12

Eat dirt ngms.

[ngms27] 08/6/2017 21:59

More like Corbyn hung out to dry

[1westham] 08/6/2017 21:32

Time to reflect tomorrow's headlines. " hung parliament "

[ride daice] 08/6/2017 20:26

Zeb,

Can we expect to see you on the telly around 10:30 tonight ??? :-)

[thereptile] 08/6/2017 16:23

They may not all own one. But they live in one

That's the problem

[thereptile] 08/6/2017 16:22

Well they Kind of are

[thereptile] 08/6/2017 16:22

Well they Kind of are

[buffythebuffoon] 08/6/2017 15:07

Yeah, the reptile, pretty much all of the 10 million or so live in million pound houses.

The pavements are made of gold down here.

Buffy

[steelwatch] 08/6/2017 12:10

Veering back on topic, looks like Koba-1 re-entry has commenced:

[oldvic] 08/6/2017 12:05

wouldnt go down well with the rabble though would it
oh and also his missus refused to meet the queen
he wouldnt sing a national anthem

are we sure this is the man for the job

[thereptile] 08/6/2017 11:42

It's difficult not to live in a one million pound house if you live in London

[oldvic] 08/6/2017 11:03

i know its a election free zone but
what has been happening to Corbyns wife for the last month or so
this is his third,shes mexican and they both live in a 1 million pound house in london
bet most voters thought he was single

not seen that mentioned on the stump

[lowflow] 08/6/2017 08:13

Rockhopper announced today that they are selling its non-core Italian assets and they have to pay Northern, to get out of these Italian assets, even thou they generated EUR 0.7m operating profit last year, ouch.
I wonder if Sound's Italian assets also carry a negative value (excluding Badile in the case of a success).

"In consideration, Rockhopper will make a cash payment to Northern at completion of US$1.6 million."

From the RNS:

"The transaction is structured as the sale of Rockhopper Civita Limited ("Rockhopper Civita"), a subsidiary company which at completion will hold all of the Petroleum Licences being disposed.
Under the terms of the transaction, Northern will assume all future abandonment and decommissioning liabilities associated with the Petroleum Licences. In consideration, Rockhopper will make a cash payment to Northern at completion of US$1.6 million.

Following completion of the transaction, which is expected by year end 2017 and is subject to standard regulatory approvals in Italy, Rockhopper's interests in Italy will be focused on the producing Guendalina gas field and the Serra San Bernado exploration permit (which contains the Monte Grosso exploration prospect).

The previously announced international arbitration against the Republic of Italy in relation to the Ombrina Mare project is unaffected by this transaction.

"For the year to 31 December 2016, the Civita gas field produced approximately 130 barrels of oil equivalent per day."

"Revenue and gross profit associated with the Petroleum Licences for the 12 months to 31 December 2016 was €1.1 million and €0.7 million respectively. "

[hpotter] 08/6/2017 07:58

steelwatch,
re. civils,
My guess, and its just pure speculation on my part, is that the new civils are a foundation for something unexpectedly needed that has some weight. As its in line between the rig and the ground flare location (next to the mud pits according to the drawings) I'd guess on a liquid/gas separator. If so lets hope the liquids are hydrocarbons not water. Going one step further I could make a case for the change of mud in the past few days to ensure the well was killed before doing the work and then moving on to testing.

[1westham] 07/6/2017 16:10

Steel

Sometimes certain people on this bb really know how to steam my clams.

[steelwatch] 07/6/2017 14:17

They were doing some civils (pumping concrete) in an area away from the Badile rig in the latest webcam post. Just wondering why they would be doing that if the well failed?

[ngms27] 07/6/2017 13:35

If Badile fails which is the most likely outcome statistically I'd like to see the P&A RNS state that SOU are closing the Italian Office immediately and making all the staff redundant. There really wouldn't be any logical reason to stay in the nightmare that is Italy.

The wage bill for SOU is disproportionately high for a Company with little proven resource and income.

[kevjames] 07/6/2017 12:47

Still low volumes and declining share price. There was a guy on the LSE SOU board who claims to have made "lots" trading this between 65p and 85p - so maybe he will be buying big again soon! I think I will wait for the news before any further buy/sell decisions - news should be within the next few days on both Badile and Sidi Moktar.