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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Block Energy P. Share Chat (BLOE)



Share Price: 13.65Bid: 13.30Ask: 14.00Change: 0.00 (0.00%)No Movement on Block Energy P.
Spread: 0.70Spread as %: 5.26%Open: 10.575High: 0.00Low: 0.00Yesterday’s Close: 13.65


Share Discussion for Block Energy P.


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little_earn
Posts: 75
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:39
For the princely sum of $250k. Hope they are looking at bringing another one in tho
 
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.575
RE: SP
Tue 17:34
They also have an option to lease the J40 rig for another 6 months after September.
PH media inteviews are quite informative if you take the time to watch and listen.
But that upsets your curent game plan for that last important shekel of price drop.
V111JAS
Posts: 1,130
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:22
A lot of `Weedy` decamping today ~~~
In for more at 10.5 !
GL.
NigelHaemoglobin
Posts: 172
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:12
I give up, these phone keypads way to small. Sorry.
scoobyrex
Posts: 82
Opinion:Buy
Price:10.575
News
Tue 17:10
I believe news will be earlier than stated, BoD will be fearful of over committing to new II's so would add contingency and padding to the plan.

My crystal ball is showing a 42.5p share price on June 18th.

Maybe wishful thinking, I will be in Vegas. Probably losing my shirt.
SEA7
Posts: 3,427
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:09
the rig was initially rented for 6 months with the option to extend for a further six months - that is september 2019.

Yes, they can let that rig sit there if they want to, they already have it until september.

They haven't moved it yet, by all accounts - plenty of weeds growing round it at the moment.
NigelHaemoglobin
Posts: 172
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:09
Well is Sea is, excuse me, a tad annoying to some, he is on the right track. Its virtually impossible in AIM to build a safe position without trading.
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.575
RE: SP
Tue 17:08
Sea, Zen are about to drill in that time frame and much cheaper that here, and according their De-rampers have far more resources than Block, I’m sure they will let you have a few for the right price.
They should welcome your pearls of wisdom when pumping, no so much when you have sold out though.
DYOR
NigelHaemoglobin
Posts: 172
Opinion:No Opinion
Price:10.575
RE: SP
Tue 17:07
Well is Sea is, excuse me, a tad annoying to some, he is on the right track. Its virtually impossible in AIM to build a safe position without trading. Look at the gloom pervading these boards!
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.575
RE: SP
Tue 17:04
Summer starts at the end of Whit week to the end of September, all of Quarter 3
Q3 starts in 11 days.
So your saying Block will keep a J40 rig growing weeds for 12 weeks.
Your getting desperate for that last last shekel of price drop.
DegsyAlmomd
Posts: 28,034
Opinion:No Opinion
Price:10.575
RE: SP
Tue 16:55
Sea. June next month. Ops on the ground are all go. Facilities being upgraded. All funded all systems are go.

Come back when you have bought. Until then respect holders and their decisions to hold and support BLOE.
NigelHaemoglobin
Posts: 172
Opinion:No Opinion
Price:10.575
RE: SP
Tue 16:35
I don't mind 'wading' through a few of those shares, patiently buying on the dips.
SEA7
Posts: 3,427
Opinion:No Opinion
Price:10.975
RE: SP
Tue 16:25
ajw -

Once all the 109m shares have been issued and the flippers, forward sellers and stock promoters have completed their work, then and only then will this establish its new trading range.

All those that agreed to lock in at the 2018 listing date, are free of the lock in clause in a few weeks also.

Watch for the drip drip selling on boredom as everyone awaits the W38 spud announcement, which is your next real share price trigger.

Summer is late june to late September - so spud could be months away yet.

I will be watching this and may take another position, but not before that mountain of stock is released to the market
and waded through.
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.975
RE: SP
Tue 16:12
Sea, it’s now got a new trading range given the first real information about ops going forward.
You’re harping on about other bits of GOG Sand I know of one such block in Georgia which has two major prospects within it. Right over the Hydrocarbon Kettle that exists between Norio and Taribarni. FRR people know field this well, and this geology right up to Block X. It really depends on what GOG wants for it, up to now they have been very good to Block, and then there is Block XIc adjacent to Block resorces.
The real clue was in what PH said adjacent to the WR resources. You whinged at about his hesitant comments, perhaps he was about to miss speak and give the game away, it isn’t ours until the signatures is on the documents and cash has changed hands. Hopefully you have not missed the boat looking for that last shekel of price drop.

DYOR
bigbench
Posts: 10,270
Opinion:No Opinion
Price:10.975
looking solid here....
Tue 15:57
...compared with SOU.... this looks so much better, roll on next news PH and make it good!
little_earn
Posts: 75
Opinion:No Opinion
Price:10.975
RE: 1,500boepd By Y/E - not exciting?
Tue 15:56
They do tend to err on the side of caution tho. They were only expecting 325 bopd from 16a don’t forget. No bad think IMV - under promise over deliver
Zibrahimovic
Posts: 5,295
Opinion:No Opinion
Price:10.975
RE: 1,500boepd By Y/E - not exciting?
Tue 15:36
Except the GAS and possible farm ins or new licences...
Nickel_Investor
Posts: 3,309
Opinion:No Opinion
Price:10.975
1,500boepd By Y/E - not exciting?
Tue 15:33
Maybe explaining some of the selling from those that have 'bagged' a couple of times
DegsyAlmomd
Posts: 28,034
Opinion:No Opinion
Price:10.975
RE: We
Tue 15:19
Ops have now sped up 4-5 times with this funding. So mid tier much much sooner than expected. Printing money from this level.
Terrier54
Posts: 10,152
Premium Chat Member
Opinion:No Opinion
Price:10.975
We
Tue 15:17
Are now at the pivot point to re-claiming higher ground again.
Tomorrow should see this into the12's.
Afrim
Posts: 331
Opinion:No Opinion
Price:10.975
RE: Fully Funded
Tue 15:00
Investors112 get back to AST we need you there not here unless you looking to invest-;)
Zibrahimovic
Posts: 5,295
Opinion:No Opinion
Price:10.975
RE: Fully Funded
Tue 14:57
Agree Degsy. Already BP Total Exxon Repsol and Schlumberger are looking for options in Georgia could be one or two of them interested...

Way to go BLOE
Afrim
Posts: 331
Opinion:No Opinion
Price:10.975
RE: Fully Funded
Tue 14:55
Finally S7 agrees ”.....there are positives in what block are doing”. Who said he is deramping?
DegsyAlmomd
Posts: 28,034
Opinion:No Opinion
Price:10.975
RE: Fully Funded
Tue 14:51
These are the antics of s7 when he isn’t holding a position he wants.
investor112
Posts: 769
Opinion:No Opinion
Price:10.975
RE: Fully Funded
Tue 14:50
More like fully diluted




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