Urals Energy Share Discussion Threads

[chavitravi2] 09/8/2017 18:51

Yep, it's all about waiting this one. About 8 years now.

[martyn9] 09/8/2017 15:54

God forbid he takes as long as allenby to sort matters!! lol.

[calmtrader] 09/8/2017 14:03

Topicel i havent forgotten about the PI meeting the Urals team...waiting on Shrager to come back to me

[topicel] 09/8/2017 13:59

Tell 'em to wait for the weekend like all good Brits should. Looks fine by Friday.

Meanwhile, see that OPEC have got cut agreements from Kaz, Abu Dhabi and someone else I forgot and with NK rhetoric the oil price will just keep climbing. At some point we might get a bid for our paltry market cap again as this is indeed rather tedious from a company that was going to be making great strides...

Topicel

[wanna brew] 09/8/2017 12:27

Just looked in, nothing happening. So back to what we Brits do best, wish this weather would clear up eh Topicel, got family over and they expect everyday to be like Monday was.

[laurence14] 09/8/2017 08:19

You've been around here for a bit Nef you tell us where wells are and what will go wrong with them and we will see against what happens.

[topicel] 09/8/2017 08:11

Not quite as amazing as someone who isn't a LTH who likes to tell others who are what is what about UEN...

Agenda? Good or bad? It is either that or someone with other issues that need counselling.

Plenty of tensions in the world again this morning and if any come about then oil will go shooting up, that I do know! Where is Sakhalin btw? Whoops.

Topicel

[neftanik] 08/8/2017 22:16

Amazing long term holders still don't know which Well is where, even though the assets are thousands of miles apart )))

[downsize] 08/8/2017 08:04

Chav, in the annual report there was talk about expanding storage at Petrosakh to hold excess refined petroleum products for export.

[chavitravi2] 07/8/2017 18:31

If I remember right from quite a while back they were considering refining for others.
I don't know if that's still on.

[martyn9] 07/8/2017 14:18

Thanks for explanation moggy.

[djmoggy] 07/8/2017 14:13

Martyn - Well #130 that we are awaiting flow testing is at Petrosakh.

Oil (currently) only shipped from Arcticneft - there are no plans to drill new development wells at Arcticneft until oil price significantly higher (although there may be frackking carried out on existing wells after a study is carried out).

Definitely no plans for additional shipments - 2 will be the max for a while (yearly production will not be sufficient for 3 shipments unless there is considerable upside in prod from drilling).

However management are considering the best way forward at Petrosakh - one option may well be to restart oil exports (which were stopped a fair number of years ago and oil refined and sold only to local customers).

[martyn9] 07/8/2017 14:03

It would be nice to think with good flow results we could achieve 3 tanker shipments a year, imagine the dividend yield on that outcome.

[martyn9] 07/8/2017 13:53

Lets see if we get any news this week on well 130, i believe its the flow results??

[chavitravi2] 03/8/2017 17:03

Cor, they must have though we had had a little bet on it Martyn!

[martyn9] 03/8/2017 14:18

I was just thinking the same chav,as eggs is eggs they will.

[chavitravi2] 03/8/2017 14:13

They haven't dropped yet. ----but there's time!

[gregpeck7] 02/8/2017 23:10

That is true I guess....

[lalria] 02/8/2017 22:47

Greg if a sell was being worked you wouldn't have had a issue in buying in bulk.

[gregpeck7] 02/8/2017 22:09

Guys there could be a sell being worked in the background for all we know... The volume is too low to say "games being played" here... I suspect all will become clear in time...

I was going to top up today as I do feel its "near" the bottom of this channel but the amount I wanted could not be bought online so I left it..

Looks like a good call as it was before the drop... More people will be looking to generate buying pressure and I am sure are watching for a change in direction here..

Drill results anytime now and that will be the driver here.

[lalria] 02/8/2017 20:16

Over the past couple of weeks there have been far more bits then sells. It's just a waiting game guys now.

[martyn9] 02/8/2017 16:28

I stand corrected 5,500 more buys.Ludicrous games being played.

[martyn9] 02/8/2017 16:20

Equal buys to sells today, but hell bent to get it down!! i still think they want to take this private.

[topicel] 02/8/2017 11:43

Thanks Chav, it does seem that Abchurch aren't with us no more though...

Have you resent your gripe to Allenby or (mis)management. Certainly not good on this aspect of the post-consolidation plan IMHO.

Topicel