Urals Energy Share Discussion Threads

[martyn9] 06/3/2017 14:16

lol gregpeck.

[bean02] 06/3/2017 14:16

I've added on that rns. Should blast Year High

[gregpeck7] 06/3/2017 14:14

1 left at 6.25

[gregpeck7] 06/3/2017 14:12

Top 3 riser now

[gregpeck7] 06/3/2017 14:10

Can u advise panr as well!!

[djmoggy] 06/3/2017 14:09

Thanks Martyn - I've spent the last 10 years bombarding these guys on the topic of PR...seems like it's clicked now so hopefully we will all benefit as a result!

[gregpeck7] 06/3/2017 14:07

2 mm at 5.75 then it's 6.25

[martyn9] 06/3/2017 14:03

Two excellent posts moggy,could do with you on the PR camp.

[gregpeck7] 06/3/2017 14:03

Doh had to pay 5.66 oh well final top up :)

[calmtrader] 06/3/2017 14:00

very difficult to buy online

[gregpeck7] 06/3/2017 13:57

Jeez ctCalm down my order is with broker now for a small top up!!This is about to blow on this news so this really is my last fill up.

[calmtrader] 06/3/2017 13:55

just bought +200k

[sportbilly1976] 06/3/2017 13:47

245mln shares in issue...post a 10-1 (imo) consolidation to get rid of the penny share status (albeit not technically), and with Adler holding 44% leaves around 10mln for everyone else.Illiquid share with good news - significant gains to be had :)

[djmoggy] 06/3/2017 13:42

From the presentation the below is what to expect in 2017..


Petrosakh - increased production + marketting of higher margin refined products
1. Workovers at Petrosakh to maintain production at 1100bopd
2. Drilling 1 new well and workovers at South Dagi to add 290bopd production
3. Increase utilisation of refinery to sell high margin products through both increased production and acquisition of third party crude.
4. Procure marine terminal licence to sell (via export) of higher margin product.

Arcticneft - increase production + assessment/optimisation of recently acquired Arctic Oil wells
1. Complex development and workover program + reactivation of idle wells to increase production.
2. Assessment of acquired Arctic Oil wells + re-entry of idle wells.
3. Assessment of fraccing potential to increase production + implementation.
4. Increased revenue through 2 tanker shipments reflecting increased production

Komi assets - possible increase/reserve extensions - development drilling
1. Reinterpretation of existing seismic to assess possible licence area extensions
2. Drilling of one well and creating field development program + approval.
3. Above would make licence more attractive/marketable to potential farmout partners

Overall - increase in visibility and value to potential investors through increased marketing, partnerships (farminees), reserves upgrades (through drilling/seismic reinterpretation/further licence acquisition) and finally continuing uptrend in daily production.... all leading to continued growth in the shareprice!

[calmtrader] 06/3/2017 13:06

Wow nice update. Fracking!!

[sportbilly1976] 06/3/2017 13:06

Slide 24 of the presentation- implies a 6x share price increase to match FSU peer group on 2P boe basis.Let's hope they can turn the strategy into reality

[gregpeck7] 06/3/2017 12:53

Among other things, the results of this study indicate that during the period from the fourth quarter of 2015 to the fourth quarter of 2016, Urals Energy's increases in production and 2P reserves were better than that at comparable quoted Former Soviet Union ("FSU") peers. At the end of the fourth quarter 2016 the Company continued to trade at a discount (in terms of reserves and production) to its quoted FSU peers, and had the lowest valuation for its 2P reserves amongst its quoted FSU peers. The valuation of the reserves of quoted FSU companies remain at a significant discount to all AIM quoted oil and gas companies.

[gregpeck7] 06/3/2017 12:51

Nice update.. will take a look at the presentation.. looks like production should be heading higher and is stable.

[topicel] 06/3/2017 11:00

Agreed about the interest sum djm, but the clear implication is more loans will be required...

It is the unclear nature that concerns me, but probably just too tainted with the past performance here and they do have a decent idea why they would want to take more loans on prior to June's shipment, and it will be share price enhancing and shareholder friendly.

The cap on the momentum needs properly explaining. Why do it if they are in agreement, as many here are, that a more realistic peer and reserves and cash-flow NPV would/should see UEN valued at £40-50m. Which would be 15-20p...

It is hard to get around the disconnect if the company are not inclined to let the market reset our price upwards for once. It's not like we have no reserves or production after all...

Topicel

[djmoggy] 06/3/2017 10:50

It's just a very small amount of working capital - if required - arcticneft revenue only arrives (now) twice a year so it's to cover any workovers or towards development drilling short term. The interest of 15% is standard in Russia and the amount they will pay on borrowing is so insignificant (to the company) that it's not even worth worrying about as a shareholder.

[topicel] 06/3/2017 10:40

Lol djm, they want people to pay for such a service no doubt!

Good buying lads, makes sense at these prices but still not complacent with the history of this company as some of the same players are on the BoD who have legacy issues attached to them.

There does appear to be a fresh attitude to make things happen though and even though the proof is in the pudding and all that, it is a hopeful sign.

No-one any comments on the Articneft loan necessity? That was one of the old ways that I never much liked, but perhaps someone can put a better, positive spin on why it was necessary last week?

Topicel

[sportbilly1976] 06/3/2017 10:38

Nah - that way leads to transparency.

[djmoggy] 06/3/2017 10:32

Thanks Chav. It's just the algorithm that advfn use to report trades. As the trade price is below mid it's shown as a sell even though I bought. You'd think in this day and age that the LSE would able to provide an accurate feed of trades with buy and sell flags so financial sites can show a true reflection rather then depending on crude guesses which skew the true picture!