Urals Energy Share Discussion Threads

[calmtrader] 03/3/2017 16:10

100 egs if you include their 2015 & 2016 acquisitions which add 58.9m bbls its 103.5 2p and the costs of those acquisitions equals $0.16 per bbl

[wooster4] 03/3/2017 16:06

tone the bone - all those sells were buys.

[100egs] 03/3/2017 15:59

Calm,
what are the combined and proved reserves for urals ?

[chavitravi2] 03/3/2017 15:59

Have a happy birthday Calm, hope you aren't clocking up to many years and are fit and well, that's what matters.

[tone the bone1] 03/3/2017 15:54

I hope your right Calmtrader .And you buy a red grape vineyard for your wine mate .
Trades this afternoon still all showing as sells but price holding up ....Odd.
Anyway, I will find out what's going on Monday
Cheers GWA.

[chavitravi2] 03/3/2017 15:53

Already had mine Tone. Lovely fish&chip lunch with just one pint of John Smiths. Had the wife with me so kept in check to look after my dainty and pettete 17 stone. Must not get fat she says.

Yes very odd showing on the Graph.

[calmtrader] 03/3/2017 15:51

my b'day today...fine wine until i fall over !!

[gregpeck7] 03/3/2017 15:44

I'm finishedBottle of cheap red for the wife and some nice nz sauvy b for me :)

[tone the bone1] 03/3/2017 15:04

Makes sense mawc but they are all showing as sells, which makes no sense.

[gregpeck7] 03/3/2017 15:04

We can have a Friday night 'what are we all drinking' chat then :)

[darren81] 03/3/2017 14:56

I for one wouldn't be amenable to that price Topicel

[mawc] 03/3/2017 14:51

At least 2 of them are buys in fact

[tone the bone1] 03/3/2017 14:50

If something exciting is going to happen they had better make it quick
I'm off for a pint in an hour and a bloody earth quake won't stop that !

[tone the bone1] 03/3/2017 14:47

4 sells now and holding .How odd

[tone the bone1] 03/3/2017 14:35

3 trades ,3 sells and we go up ?

[topicel] 03/3/2017 13:57

Well, better than the old 2p base so LTHs can be sanguine about the deliberate stall in price momentum I suppose.

The big talk in the US is major oilers are looking for more small players to gobble up to compete with shale. Even moving into shale themselves as deep sea and other expensive drills are not so productive at the current prices or if oil falls back again.

Perhaps Adler would take an offer on board? Maybe that is a reason for the price suppression RNS?

I'm sure plenty here would accept anything approaching The previous offer of 12.25p three years ago given their money is doing little since.

Topicel

[topicel] 03/3/2017 09:24

Correct, which is what the BoD gave us the reasons why the price had possibly risen, in their infamous statement.

Like we didn't know oil was up 20% since December!

Hopefully they are clearing the decks with this latest facility to move on with their programme swiftly now.

Topicel

[chavitravi2] 02/3/2017 18:48

Russia has agreed to cut back production the same as OPEC.

[calmtrader] 02/3/2017 17:33

chav what do you mean "There is also agreement to cut back production"?

[chavitravi2] 02/3/2017 16:59

Again I'm not knowledgable in such matters but could there be tax advantage in a small company off setting loans/interest against profit? There is also agreement to cut back production, could it be that has another company it would bring them inside production limits? Do smaller companies enjoy different, better tax liabilities?
There's probably a good business reason for it.

[calmtrader] 02/3/2017 16:17

this is just the Ammo loading the rocket!!

[sportbilly1976] 02/3/2017 15:15

I guess it is a matter of timing of the payments coming before receipt for shipment.

[gregpeck7] 02/3/2017 15:07

It's working capital, moving oil around is not that cheap.. if uen were that well financed mkt cap would not be 10 mil.