Urals Energy Share Discussion Threads

[highasakite] 04/5/2018 08:43

Broker sets fair value price at 35p.

Strong sell.

[neftanik] 04/5/2018 08:26

Spot on mate

[neftanik] 04/5/2018 08:25

New assets are only propping up rapidly declining production. UEN snares another bunch of unfortunates. Not like it's the first time is it?And there WAS a tanker and tug on station, so don't understand why they say the tanker will only load in July. Possibly more problems with their offloading hose?

[gregpeck7] 04/5/2018 08:25

Yep small incremental regular updates are the way forward. CPR should have been an rns on its own as it's excellent.

[gregpeck7] 04/5/2018 08:23

Great price I grabbed 5000

[croasdalelfc] 04/5/2018 08:20

I topped up at 89p

[jiggsyboy] 04/5/2018 08:19

Nuts, would have been better if they had released this info separately. The positives like workovers, divi and CPR are lost in the negatives, dang!

[croasdalelfc] 04/5/2018 08:10

I agree it was neutral to negative in tone

[spandy83] 04/5/2018 08:00

It's a good update. Im annoyed at some of the negative tone in it as it's actually all very positive. A good PR team would have made a better RNS out of this news. The 'delay' to the drill isn't a delay. They planned Q2 and it'll deliver in Q2. It actually demonstrates they didn't want to over-promise on delivery so Q2 was realistic and will be achieved. Production is as expected. A signal that they intend to pay another dividend is good news. The CPR is strong. A market cap of £13m is ludicrous.

[croasdalelfc] 04/5/2018 07:47

Netbacks must be 50 Dollars a barrel after poo increases.I make that 25 million pounds a year or 2 quid a share

[croasdalelfc] 04/5/2018 07:46

They have talked about strategy and possible acquisitions since Jan

[gregpeck7] 04/5/2018 07:39

There is a real whiff that they have an acquisition in mind as well especially as they mention advisors.. I think we will see a small sell off which mm's will milk then on to new yearly highs.

[martyn9] 04/5/2018 07:37

CPR report at last and looking strong,yes the drill delay at south dagi should have been reported very much earlier.I can live with the tanker delay shipment.

[croasdalelfc] 04/5/2018 07:36

The only bad news is extra tax and delay in tanker shipment from end of Q2 to end of July.This is mitigated by rise in poo and weakening dollar (over the last week ).Production has been maintained as promised at 1900+ and there is the drill and 3 workovers plus potential acquisition.I reckon the divi will be ball park 500k pounds so about 4p a share

[croasdalelfc] 04/5/2018 07:33

The tanker sales account for about half of production 900 bopd . Is the rest sold domestically ?

[lalria] 04/5/2018 07:26

Good news about the dividend builds confidence in the company. Not happy with the drill and why could they not have updated us earlier on the timescales for it. Looking good for the future though so lets see what happens in the next 2 quarters

[gregpeck7] 04/5/2018 07:16

Had a look...Cpr looks good especially Komi republic. That looks potentially huge..South dagi, we are waiting another month... I like the fact they are going to fast track it now...2 tankers again but not as soon as thought.. slight decrease in production... dividend maintained at 10 percent earnings...

[lalria] 04/5/2018 07:11

News out just reading it

[gregpeck7] 03/5/2018 20:01

I think we will see another day like today tomorrow. It's a bank holiday Monday.. I can see some sort of tanker update being issued maybe around midday which is when Uen like to put out news.. if south dagi has hit oil then 200p could come very very fast.

[lalria] 03/5/2018 16:46

So many price extensions hopefully see some late large buys

[gregpeck7] 03/5/2018 16:31

Tanker has left.. no loan required then and this is only the first shipment of the year...

[martyn9] 03/5/2018 15:45

Lets see if we have a last of this session charge.