Stratic Energy Share Discussion Threads

[steelwatch] 09/4/2010 18:13

Looks OK to me.

[drewz] 09/4/2010 17:52

Hi steelwatch,

could you do anything about the header on the PTR thread to make it more like this one? For some reason it stretches across about 3 x 21" monitor screens at the moment so all the following posts have to be scrolled across sideways to be read...

Ta.

[steelwatch] 09/4/2010 16:59

Bugle North drilling - results probably next month with implications for Bowmore.

Crawford development plan mid year.

Possible sale agreement for Turkey.

[jak108] 09/4/2010 16:50

Any body willing to give a brief guidance re the near term developments that may have an impact on the Stratic sp!

I admit to losing interest in se. over the last few months as the share price tanked. As I see Longanesi is progressing reasonably albeit seems somewhat behind schedule. I know EnQuest (demerged from Petrofac) may be interested in acquiring some of the N Sea assets from se. Their seems to be some suggestion from recent 1st Energy note that Columbus may be up for sale too. This is what I have gleaned from a quick scan through the se. bb on advfn, Ivillage. Anything else that I have missed? I guess we are due 2009 annual results some time soon?

TIA to those willing to comment here. cheers

[steelwatch] 06/4/2010 11:06

Morning westie. de Stratic effect pulled me into de black today (on paper).

[westmoreland lad] 06/4/2010 10:45

urmm - 9th highest %age winner -- why ? Not complaining tho'

btw -- morning Steel

[steelwatch] 06/4/2010 10:32

Annual Results due around 30 April.
Oil up.
Longanesi completion any time.
Bugle North drilling.
Enquest trading as of today.
Share price moving north.

[steelwatch] 31/3/2010 18:18

Maybe the oil price helped a little today, but down in Canada.

[csboyd] 31/3/2010 11:55

As usual with AIM stocks the spread is a big disinsentive to buy 9.25 to buy :(

[jaws6] 31/3/2010 08:29

Big trade done at close yesterday and up in Canada.bit up today.

[steelwatch] 30/3/2010 19:44

ifu - mistaken ID.

[ifudrillittheywillcome] 30/3/2010 19:43

Pardon my ignorance -----jc??

ifu

[ifudrillittheywillcome] 30/3/2010 18:42

I guess it could be because it's due to close about now. But It's a bit surprising if Longanesi is the only thing creating this kind of activity since everyone knows it's a done deal. Hopefully, it's more than that.

ifu

[steelwatch] 30/3/2010 18:38

...or a pump and dump, but can't see where it's being pumped?

[steelwatch] 30/3/2010 18:30

Most likely candidate is Longanesi relief would you think?

[ifudrillittheywillcome] 30/3/2010 18:08

Significant volume last 4/5 trading days. Can't be just the First Energy report. With assets for sale and a announced plan to acquire new assets --could be just about anything. We wait.

ifu

[steelwatch] 30/3/2010 17:23

Up 20% on the TSX.

[steelwatch] 26/3/2010 23:51

in_flu - also from IV

Msg 4817 of 4818 at 3/26/2010 11:21:18 AM by
SpudsLite

First Energy
With the exception of assuming that Bugle is successful (a possible big mistake with recent Stratic wells)- their path to a 21 cents share price for Stratic is all financial. It includes revenues from W. Don and the sale of the Italy -Turkey and (this is the first time I saw this) the sale of the Crawford property. And, they could also sell the Bugle/Bowmore interest as well. And W.Don too for that matter.

So there seems to be a path to a healthier company. Even some options relating to what is sold. What we need though - is a path to production/reserve growth. This must happen through new deals yet unmade. This management took a shot at becoming a viable No. Sea O&G company. Bad timing (economic meltdown)- bad luck has made them -re-tool. What will the new Stratic look like? Does this management have what it takes to do more than sell assets? Can they find the deals? Grow production/reserves? Those are the important questions? And those questions were not addressed in First Energy's report.

[in_flu_ence] 26/3/2010 19:55

Any further details on the report and on what basis do they put this .21C target?

Thanks

[steelwatch] 26/3/2010 16:00

Posted on IV yesterday:

New report on SE out today
First Energy has initiated coverage on SE today with a .21C target (who would have ever thought I'd be excited about a .21C target.

[steelwatch] 26/3/2010 14:52

EnQuest effect?