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Sound Energy Share Chat (SOU)



Share Price: 14.96Bid: 14.70Ask: 14.97Change: 0.00 (0.00%)No Movement on Sound Energy
Spread: 0.27Spread as %: 1.84%Open: 15.40High: 15.60Low: 14.60Yesterday’s Close: 14.96


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Shpunken
Posts: 1,150
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 18:17
Jeez, they had to answer all the questions... With regards to the 4th drill etc they said 100 times yes there is a chance but everything, absolutely everything is being done not to do that option... What is wrong with ppl here, there isnt a single issue that hasn't been answered.. We all know everything now, so all we can do Is either buy, sell or hold while we wait for Te10 results and may be the gsa..
 
DesertMocks
Posts: 514
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 17:17
"Shell shocked'. Yeah right. 'Expecting the world'. Huge yawn lol
.
ericnat17
Posts: 2,159
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 13:27
I think Brian wishes he did not use the words fundamentally wrong. But when he did he was talking about the companies mechanisms for finding structures similar to the TE5 Horst. He was not saying that if TE9 fails then the whole of the basin is fundamentally wrong.

He answers the question directly on the CC and answers it well, the basic answer being they are learning and learning quickly about the basin.

JP is clear again that the chance of the TE5 Horst being the only gas field in the whole of the license is very unlikely.

They will be feeding the results of all of the legacy wells with all of our wells and polishing the model. If the TE10 small play comes in then I would imagine this may proves many many 100bcf pools of gas. 100BCF is a big number.

If the Strat play comes in then we can go back to talking about £2 plus SP.
jacklevi
Posts: 2,412
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 13:12
Kasj They are probably assuming the worst case scenario in the event of not finding a buyer.
PNE79
Posts: 5,136
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 13:10
"Have a great weekend all, off to hide chef's knives and scissors before Number 5 reads what I have written about her talents"........lol
Kasjnaton
Posts: 55
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:55
Jez, Then why would the managment even make such a statement about running room for extra dilling?

It may not be funded by an equity raise, if the relationship between Sound and OGIF is so good maybe OGIF would be prepared to make a loan to sound on favourable terms in order to pay for those extra drills.

We just don't know what is going on behind closed doors.
bongabob
Posts: 1,341
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:32
Joe surely we all invested here due to "optimism" the fact now is " realism" is smacking us in the face.
The games not finished by a long way.
Shell Shocked punters expecting the world as promised are now seeing the light of day.
I shall hold until death do us part, could be me first lol frazzled nerves etc
gla the end is not nigh yet.
Lelo_Gas
Posts: 915
Opinion:No Opinion
Price:14.96
Webcam
Today 12:30
jacklevi
Posts: 2,412
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:26
Jez i don`t need to be told you can pretty well gauge T/D to be the first week in jan. TE9 took apprx. 28 days this is a shallower well so if its a duster we will know not long after.
JoeCreed
Posts: 11,353
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:23
Because if Te9, our best shot, didn’t come in then there is something “fundamentally wrong “. Things have changed SG47. And when the facts change, so should your opinions. Optimism is not better than realism. I’d rather invest in realism than optimism
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:06
Make it 6 and you can then say you've had a dirty half dozen. I've heard of a Baker's Dozen, but a Trellis's half dozen would be measured in litres of wine rather than loaves of bread.
trellis35
Posts: 944
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 12:02
Jez "wannabe number 5" important distinction especially in terms of my future wine cellar funds!!
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: RE: TE-10
Today 11:58
It's open to speculation. There's my point again, Jacklevi! Come January there'll be a load of squeaky bums because we won't really 100% know when the results are coming and any silence or lack of news will lead to uncertainty and that in-turn could lead to poor sentiment and a falling share price. I've seen it time and time again here at SOU in that PI's are left in the dark at a time when we ideally need open and honest communication. The point I will reiterate is, nobody on here 100% knows when the results will land and as we trickle through January, people will become more and more jittery. Therefore, it may be worth asking JP again as to what the timescale for Te-10 results are going to be and whether or not there will be a flow test assuming we have found something down there. If there is to be a flow test, then when will this conclude? We'll find out at some point I guess!
jacklevi
Posts: 2,412
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:51
Jez the important thing is if TE10 is a flop they will have to release it straight away we have a pretty good idea when TD should be if we continue not recieve news past that expected date then we can start to speculate they have found something so no news could be good news.
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:48
The film I refer to is 'Short Circuit'.

https://www.youtube.com/watch?v=yndq8jeSPc8
rocket_racoon
Posts: 147
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:47
Never change, trellis35, never change. LSE legend. Enjoy your day/night off buddy
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:45
I thought I could smell alcohol...…..and then as if by chance, Trellis enters the fray. Hiya mate! How goes it?!

Love the way you refer to your Mrs as "Number 5". Wasn't that a funky robot movie back in the 1980's? Number 5 is alive!
trellis35
Posts: 944
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:39
Shaun- "Words fail me."- I often wish they would...…….
On a brighter note my well has produced again( not alas with wannabe 5) a decent cote du Rhone serving a dual purpose as have a coq au vin bubbling away in the slow cooker( wish they would do pre peeled shallots- all the preparation drives me as mad as Sound and wannabe number 5's only talents lie outside of the kitchen, unless sitting on top of washing machine on full spin...……….purely to stop it moving around) My only night of the week off tonight so a nice chilled day working out whether I can dismiss today's delivered wine bill for November as a forgery as it wasn't signed, and rehearsing my role as the clueless pantomime villain
Have a great weekend all, off to hide chef's knives and scissors before Number 5 reads what I have written about her talents.
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: RE: RE: TE-10
Today 11:32
Jacklevi,

That's my point. Nobody really knows what the exacting timescales are for the Te-10 results. This in part is not helped by what will be a lack of RNS's explaining casing points and TD. JP gives his explanation for not RNS'ing these in the Conference Call but this does not help PI's as much as to say we are at the mercy of JP et al when it comes to finding out about any progress as to how the drilling is fairing.
jacklevi
Posts: 2,412
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:26
"I don't want TD to come" writes one depressive personality. Words fail me. then may be you should try not saying anything then.
jacklevi
Posts: 2,412
Opinion:No Opinion
Price:14.96
RE: RE: TE-10
Today 11:23
Jez i think this well is ahead schedule and i would`nt be surprised if testing is required it could start early january
ericnat17
Posts: 2,159
Opinion:No Opinion
Price:14.96
RE: RE: TE-10
Today 11:22
TE10 has a 26% COS, TE6 was 22%.

BM and the team will be playing this very conservativley. Listen to the CC they have seen anomolies that are very similar to TE6.

These anomilies are not present at TE8. They are still clearing up the noise but they seem pretty encouraged by what they have seen so far.

We are about due a gusher, cmon
Shaungreen47
Posts: 1,903
Opinion:No Opinion
Price:14.96
RE: TE-10
Today 11:18
"I don't want TD to come" writes one depressive personality. Words fail me.
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: RE: TE-10
Today 11:18
Levelup,

During the question and answer session in the CC, if you listen to it very carefully, an investor asks Brian whether or not the COS has now increased internally given the extra time that has elapsed since Te-9. Brian then proceeded to answer with something along the lines of......we won't really know this until we hit the reservoir. At which point, you hear a loud cough from JP and Brian stops dead in his tracks mid sentence, which suggests that JP didn't want him to continue with his explanation. So, I would question how they have come up with their current figures regarding COS when quite evidently based on what Brian said, they don't really have much of a clue until the drill bit penetrates the reservoir. In other words it's pure conjecture! Make of that what you will, but nobody else has picked-up on this point. Have a listen towards the end of the Conference Call if you don't believe me. The recording of the CC is available on the SOU web site and I recommend everybody has a careful listen to it if you haven't already done so.
JezTheFez
Posts: 2,598
Opinion:No Opinion
Price:14.96
RE: RE: TE-10
Today 11:12
Sorry what I meant to say was bottom of page 3 and not page 2.




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