Sound Energy Share Discussion Threads

[oldvic] 24/5/2019 14:16

none whatso ever

[jonathansidwell] 24/5/2019 14:11

Is there any truth in the rumour that cash offer for Sou made at 6p

[ride daice] 24/5/2019 11:34

I think it will need many more wells to understand & unlock the true potential. But I don't think that will faze a major.

[1westham] 24/5/2019 07:05

I feel fairly chipper about the Tendrara end game. Facts are, there's gas in them there hills!

[copestake] 23/5/2019 14:40

That's true. Also it came out after the 25p valuation that each well will be producing double the amount of gas. I'm much more optimistic now the dust has settled.

[steelwatch] 23/5/2019 14:38

nap - it wasn't the TE-5 well specifically, though it was the initial discovery well and hence the TE-5 horst was named after the well. The real excitement stemmed from the TE-6 and TE-7 wells which further delineated the horst:

[chumbo1] 23/5/2019 14:35

23 May 2019 Sound Energy plc("Sound Energy" or the "Company") Director/PDMR Shareholding Sound Energy, the Moroccan focused upstream gas company, announces that it has been notified that Simon Davies, the Company's Chairman, has today purchased 150,000 ordinary shares in the Company ("Ordinary Shares") at a price of 10.6 pence per Ordinary Share. As a result of this purchase, Mr Davies is interested in or controls 17,819,000 Ordinary Shares, representing 1.69% of the Company's issued ordinary share capital.

[napoleon 14th] 23/5/2019 13:22

Copestake - the dissappointment means TE5 has been in the shadows.
That well was valued at 25p/share.

In fact a pipeline for TE5 was seen to be justified by itself.
It should be ready in 2021 I believe.

[copestake] 23/5/2019 12:19

Sssh don't mention his name we don't want him coming back lol. I did get a laugh at him gloating though. It's like well done mate you've wasted so much time & energy to get back at anonymous people who don't know who you are anyway. Congrats Lol.

[1westham] 23/5/2019 12:06

Manics gone- thank firkin Christ.
Poisoning some other bb.

You know what happens to people like him!

[1westham] 23/5/2019 12:04

No not really-like all longs, he cheer led well. Played by the bods.

[copestake] 23/5/2019 11:04

I really don't understand the attacks towards Crude. He's got more at stake than most & made it his business to get involved. Suddenly because the drills fail he's the bad guy?

[oldvic] 23/5/2019 09:18

if this acreage is a duffer
what about the pipes that are being built
surely that means business long term

[1westham] 23/5/2019 08:18

Buff

Too true, an unpaid mini me with the desire to play coach.

[buffythebuffoon] 23/5/2019 07:51

Over on LSE crudehope says ‘Welcome back to Simon Davies’.

This is the poster who was the leading cheerleader for the Spinmeister. He went on the trips to view the drill sites. He doesn’t even need to be told to bend over.

I’d love to know what Parsons said about him in private. It certainly would have been said with a smile.

Plenty of cash left to fritter away Parsons. He’ll have the unquestioning support of crudehope and his like.

[buffythebuffoon] 23/5/2019 07:22

No lunch at the AGM as we’re saving money, but another big salary while we supposedly sell the company replacing a man who we will still be paying.

Why the hell do we need Liddell.

[rwells4474] 23/5/2019 07:03

RNS Number : 9033ZSound Energy PLC23 May 2019 23 May 2019 Sound Energy plc("Sound Energy" or the "Company") Board Changes Sound Energy, the Moroccan focused upstream gas company, is pleased to announce the appointment of Simon Davies as Independent Non-Executive Chairman of the Company with immediate effect. Simon Davies is an experienced Chairman with a wealth of City experience, including former positions as Executive Chairman of Threadneedle Asset Management, Chairman of JP Morgan Global Growth & Income PLC and Non-Executive Director of Grainger PLC and Old Mutual Wealth Management, and previously served as Chairman of the Investment Management Association. Mr. Davies was previously the Chairman of Sound Energy's Board between 2014-2016 and a Non-Executive Director of the Company from 2005-2010. Richard Liddell, the Company's previous Independent Non-Executive Chairman, will continue as an Independent Non-Executive Director of the Company. Stepping down as Chairman will enable Mr. Liddell to devote additional time to his other business interests. In addition to his appointment to the Sound Energy board of directors, Mr. Davies, aged 60, holds or has held the following directorships or partnerships in the past five years. CurrentPrevious (last five years)-Square Mile Investment Consulting and Research LimitedLCH LimitedQuilter PLCSound Energy PLCCranview Properties LimitedGrainger PLCJPMorgan Global Growth & Income PLC Mr. Davies is beneficially interested in or controls a total of 17,669,000 ordinary shares in the Company, representing 1.67% of the Company's issued ordinary share capital. James Parsons, Chief Executive, commented: "I would like to thank Richard for his contribution and counsel during his tenure as Chairman, and am delighted he will remain on the board as a Non-Executive Director. I look forward to working with Simon again and know he will bring a huge amount to the Board at an important time for the Company."

[buffythebuffoon] 22/5/2019 20:51

They have no idea why the water was there. They saw water on the seismic lower down, but drilled much higher, yet still found water. Two Schlumberger large heads were there, but never said anything, other than confirming that sometimes you just give up on a well without getting an answer.

With the problems getting a handle on the geology, I am convinced the price we get will be lower, but the sale will include a payment down the line on success.

I guess Parsons was right about never finding the ball again. Of course, the big profits went with it.

Buffy

[copestake] 22/5/2019 19:33

Understandably people are upset from the result of TE10 but now isn't the time to be attacking James for past actions imo. Let's wait to see what offers come in.

[ride daice] 22/5/2019 17:38

Someone else came up with that earlier on LSE.

[roddyb] 22/5/2019 17:01

Fireside sale! - priceless!

[ngms27] 22/5/2019 16:52

Instead of a fireside chat this is a fire sale.

More apt would be to say James your fired.

[esmerelda] 22/5/2019 14:51

Isn't it unusual for (any) company to have their AGM videoed? I can't remember ever seeing a link to that on an Investor Relations website.
If you are seeking a bid for the company then you would be limited in what you could (or would want to) say, especially on the downside!