Urals Energy Share Discussion Threads

[shirley83] 12/4/2018 12:35

Might buy in 50s

[topicel] 12/4/2018 11:53

We were supposed to be debt free 18 months ago, I've heard that a lot Martyn.

Sure, we await drill results and shipments but with optimism? Every other recent drill has been met with 'issues' and the oil we sell is seemingly not going to gain from the price of oil going up due to internal Russian taxation on oilers.

The geopolitical nonsense will go away like NK did, but obviously it doesn't help us being tagged as Russian for new money. No point anyone investing if things could turn really bad for investors in the region. And we do need new money.

Hopeful but with a diminished interest I'm afraid.

Topicel

[martyn9] 12/4/2018 10:39

Agreed, it's how extreme the situation gets greg.

[gregpeck7] 12/4/2018 10:32

Martin the problems facing Uen now are geo political not operational imo. Really not liking the direction russia relations are going.

[martyn9] 12/4/2018 10:21

Topicel,you never know the drill results from south dagi just might be our holy grail?, and further drilling planned.At least we know with two shipments of oil this year we will be at least debt free.

[topicel] 12/4/2018 08:51

Ah, but think of the divvies to come!

Let's face it, the dividend was all that this was about for Adler. They have a lifestyle company with a lovely income stream and thrown us some crumbs too - indeed be patient for another nine years and it will all be over.

Capital growth projects are incidental it would seem...

Topicel

[neo26] 11/4/2018 23:25

Cant believe this one it only has mkt cap of 10m.Producing 2000bopd and has over 30m of 2p reserves...Can see this being a £6 stock, no ramp

[darren81] 11/4/2018 22:56

Nice graph...

hxxx://www.bloomberg.com/news/articles/2018-04-11/trump-s-tweets-make-russia-s-top-export-more-valuable-than-ever

[gaffer73] 11/4/2018 21:38

Chav, you are right, it should have been 1 for 10. Good news is it will go up as quick as it goes down!

[metis20] 11/4/2018 20:28

From 28th Feb RNS

"Drilling at the Company's first well at the South Dagi field on Sakhalin Island continues in line with management's expectations, which took account of anticipated potentially difficult weather conditions in the first quarter that did indeed occur, limiting logistics and operations. As announced on 6 February 2017, it is anticipated that this well's target depth of 2,200 meters will be reached during the second quarter of 2018.

The Board expects that the next tanker shipment for export from Arcticneft on Kolguyev Island will likely be before the end of the second quarter of 2018."

[chavitravi2] 11/4/2018 19:46

Can't for the life of me think why anyone would sell with all the good stuff to come apart from taking the price down to buy back cheaper!
That's the problem when the price moves a lot on a little.
Still think 1 for 10 was right.

[chavitravi2] 11/4/2018 15:37

Hope my going away isn't working in reverse this time?

[martyn9] 11/4/2018 15:10

Correct gaffer, purely down to sells.

[gaffer73] 11/4/2018 15:01

No one is shorting UEN, it dropped because of the 15k sells

[shirley83] 11/4/2018 14:58

Looking like it's being shorted back to the 70s

[takeachance1] 11/4/2018 14:03

Mm’s had no choice but to drop the share price to attract sells. They will soon be swept up. Goes to show that theres not much float around.

[darren81] 11/4/2018 13:50

Oil approaching $72 now, looking like the Saudi aim is getting closer to reality...should bode well for our upcoming shipment!

Loading the same amount as last year at $80 will give us

240,232*80 = $19.22million

Costs will be reduced given the recent demise of the rouble as well which should see an even higher Her back that the $45 per barrel obtained in November.

Our current market cap is £11.3million - it really does beggar belief!!

[chavitravi2] 11/4/2018 09:29

For those that may be interested my old favourite SOLG has taken off again it would seem. Blackrock have taken a 5% interest in it on 4th April. I sold my interest in it last year for much more than it is now but it's on it's way again by the looks of it.
It's quite possibly one of the worlds biggest finds and keeps growing looking at results. Dyor.

[darren81] 10/4/2018 23:15

The west can do very little to Russia, if they turn their oil and gas off Europe will stop functioning...itR17;s all bluster

[shirley83] 10/4/2018 23:06

Will the sanctions against Russia affect this

[darren81] 10/4/2018 22:33

Interesting reading...

[gregpeck7] 10/4/2018 18:49

Indeed everything seems to be looking up at just the right time