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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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Topprize
Posts: 3,580
Opinion:No Opinion
Price:11.05
RE: 8 New IIs in Nice
Wed 08:40
Yep.... ‘gonna need a bigger boat’ most definitely!! Won’t see the 10’s again!
 
bigbench
Posts: 10,270
Opinion:Strong Buy
Price:10.80
RE: 8 New IIs in Nice
Wed 08:34
I do get the feeling with PH he knows its best to keep a conservative lid on expected numbers...then blow them out the water when actual flow rates come in... that seems to have a better effect on shareholders and the Price.

The 1500bpd will more likely be 1800-2000 and the 5000 figure for 12-24 months down the line …. well who knows where that will actually land but 6000-7000 cant be ruled out in my view. Great time ahead and news due soon on many potential fronts.
Terrier54
Posts: 10,152
Premium Chat Member
Opinion:No Opinion
Price:10.80
Load
Wed 08:27
Up lads.

There's no sell off !

As he said.
DegsyAlmomd
Posts: 28,034
Opinion:No Opinion
Price:10.575
RE: 8 New IIs in Nice
Wed 08:22
I keep in mind PH tends to under promise and over deliver so I’m now expecting a slight shift on his words to the positive side maintaining this trend. Maybe they will drill more than 1 sidetrack at a time. He has the cash. And maybe 1500bopd by year end is conservative as was (now it seems) the initial target of 325bopd for 16a as they actually reported 1100bopd plus commercial gas.
findahappyplace
Posts: 6,707
Premium Chat Member
Opinion:Strong Buy
Price:10.75
Fake drop
Wed 08:22
Look at all the buys coming in, this has consolidated nicely. Should rise well from here to mid teens
bigbench
Posts: 10,270
Opinion:No Opinion
Price:10.575
RE: 8 New IIs in Nice
Wed 08:18
Nice one Foxy...all failing into place here and PH putting Georgia on the map.
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.575
RE: wr16az shut in
Wed 07:58
585 PSI
Foxykiwi
Posts: 666
Opinion:No Opinion
Price:10.575
8 New IIs in Nice
Wed 07:17
francobrett
Posts: 642
Premium Chat Member
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 22:49
agree, placing price is new level might as well get in here or hereabouts
V111JAS
Posts: 1,130
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 22:45
~~~ "paul infers as an off the cuff comment today that it isn't even pumping."

I doubt pumping is required when the choke is 3mm under 400 psi .
As for pumping the sp , definitely not required just the usual churning post share issue .
I suspect the churn will drop away in a couple of weeks ,
and the sp will then be under a similar pressure to the well head :)
GL .
maestro1
Posts: 6,081
Premium Chat Member
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 22:36
Degsy

what did i say, its the same, this is what the city does, price now below placing price.

This company is still decent but now they have cash and need to drill the other workovers quicker, not one by one...
DegsyAlmomd
Posts: 28,034
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 21:34
Is snake hips getting bitter lol. So transparent. Bless.
hillybilly1
Posts: 1,047
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 21:03
And just to add your probably short just so obvious .... Well burn pal.
Gizzard
Posts: 1,561
Premium Chat Member
Opinion:Strong Buy
Price:10.575
RE: wr16az shut in
Tue 20:58
It makes no difference they’ve got II’s on board, do honestly think they’d stumped up £12M on a promise.
They’ve seen the plans to invest in new areas before anyone else grabs them. Bloe have stolen a march on some big hitters and if want in it going to cost. Are you seriously wanting the sp to drift so that the II’s put out. It ain’t going to happen this is a game changing opportunity for everyone. Keep buying!
bedex
Posts: 2,997
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 20:50
So along side the PIs the IIs have been mislead, oops I bet they are screaming for their 12m back already.

I think you must try harder or preferably give up. Lol.
hillybilly1
Posts: 1,047
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 20:49
Well if so then there is 12 million pounds of Sucker money been blown then . Well I don't . .... Anyway you are gertting boring and trying to scaremonger. Well not me pal.
AJamesW
Posts: 2,186
Opinion:Strong Buy
Price:10.575
RE: wr16az shut in
Tue 20:47
Sea7, equally may have PH misspoke.
They have two WR production tanks capable of storing the 700 BoO per day and transhiping as they need.
That equates to 3.5 44Ton Tank loads per day shipped by road.
If you think PH was not going to sell that $2.5M worth of oil over the last 55 days when they needed the money your nuts for that last 1p drop your after.
They have already said that was the maximum the local refiners could cope with.
Placed a short on or a CFD on 9p is that what has got you so hot to trot?
The problem is we have to much product, we now have to ship it by rail direct to the port.
That mean transhipping from local storage to rail head storage and then to:
http://www.batumioilterminal.com/en/istoriya-razvitiya/
& that is why we need the placing - rail head storage cost money.
SEA7
Posts: 3,427
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 20:38
it means they aren't getting any revenue from the well for weeks and probably haven't been for a while.

People on these boards think they are generating 700bopd as indicated in an earlier rns, yet paul infers as an off the cuff comment today that it isn't even pumping.

That is practically misleading by omission.
hillybilly1
Posts: 1,047
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 20:33
So what can wait 2 years don't care ... This will be the next COVE or DRAGON one day all takes time by by xxx
Plus made a mint on those as well as GKP . So say again by by . Bill
bedex
Posts: 2,997
Opinion:No Opinion
Price:10.575
RE: wr16az shut in
Tue 20:15
And your point is?
SEA7
Posts: 3,427
Opinion:No Opinion
Price:10.575
wr16az shut in
Tue 20:07
in the interview paul talks of 16a producing from the test facilities, then says once production and storage upgrades are complete - we will be back online again.

I infer that to mean - the well is shut in at the moment, whilst they get everything upgraded, then back online within weeks, not months.

Please check for yourselves 5 mins to 5.25 mins. in the interview.

If that is the case, then they are currently back to 60bopd and loss making again, for a few weeks.
wasit10538
Posts: 2,387
Opinion:No Opinion
Price:10.575
RE: SP
Tue 19:14
Agreed Maladoni,I'm not going to read through 250 posts but the interview was impressive and fully justified the raising of £12 million pounds,speed in this case is of the essence with all the bigger boys wanting to muscle in. It will be interesting to see which companies have bought those shares.
Zibrahimovic
Posts: 5,295
Opinion:No Opinion
Price:10.575
No O and G
Tue 18:44
Company in Georgia has been given the kit and manpower that has been afforded to them, its quite extraordinary. Even more extraordinary is the level of success so early in a campaign and with contracts signed to buy both products.

Couple that with the big boys all moving into Georgia for a slice of the pie, it puts Block in a unique position to be bought into or outright and that isn't built into any chart voodoo.

Buy on the dips if you can and watch your investment grow. This is starting to feel like the next big AIM oiler.
Maladoni
Posts: 189
Opinion:No Opinion
Price:10.575
RE: SP
Tue 18:44
I've found the board hard work today. Appreciate the links and data that people post but there's been so much noise today it's hard to process what it actually positive and negative. So I've dumped everything apart from the interview overboard and find myself in a strong hold. GLA.
bedex
Posts: 2,997
Opinion:Buy
Price:10.575
RE: SP
Tue 18:30
The Interview may steady the ship somewhat after the dilution and hopefully more info will emerge before and during the EGM. The change of tack from being self funding for the next well to rapid expansion needs more on it imo.
Never a dull moment on AIM and Nigel is right about trading ( if only I had the guts) Have a decent profit gradually slipping way here but very reluctant to cash in because I still believe this is going to big, very big!




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