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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Aminex Share Chat (AEX)



Share Price: 7.00Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.00Spread as %: 0.00%Open: 6.70High: 0.00Low: 0.00Yesterday’s Close: 7.00


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NorthernMagic
Posts: 277
Off Topic
Opinion:No Opinion
Price:7.00
RE: Results
Today 07:38
I hope he does!! We might see 20p plus for the sp if that was the case - forget about the 10p party :-)
GLAH
 
Ironic
Posts: 8,982
Off Topic
Opinion:Strong Buy
Price:7.00
Easy rent
Today 07:38
Was that ment to be another negative ? Lol 😂. It was possative . A World gas hub in the making ! . On land ! . Good help full points easy rent keep them coming ! .
Sambo12
Posts: 408
Off Topic
Opinion:Strong Buy
Price:7.00
RE: Tanzania gas demand
Today 07:37
Easybrent, you really are a grade A prat.. quoting from your own quote "expected to support substantial increase in demand"...

Demand is ramping up massively and by the time NT production comes on stream, demand will most probably have overtaken supply.

Must try harder Easybrent..
MV12
Posts: 10
Off Topic
Opinion:Strong Buy
Price:7.00
RE: Tanzania gas demand
Today 07:36
I'm starting to believe your reading skills are extremely low:

"current well deliverability expected to support substantial increase in demand"
cperkin
Posts: 3,485
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:7.00
RE: Tanzania gas demand
Today 07:35
Is huge and growing fast, see presentation on supply V demand gap on page 13

http://www.solooil.co.uk/~/media/Files/S/Solo-Oil/reports-and-presentations/2016/solo-oil-fp-east-africa-feb-2017.pdf

Lol Weasy, everyday you have come here and deramp and everyday the SP goes up and I make money.... conclusion wherever Weasybrent de-ramps, buy and make a packet ;)

GA
LUFC1111
Posts: 649
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.00
RE: Tanzania gas demand
Today 07:34
I think you are missing the point.. we not going to sell all gas overnight.. the gas can be sold over 25 years.. demand maybe low now.. what about in 5 years?.. the country is growing and needs energy supply fit for future..not just for today.. business valuations are based on future earnings also
Ironic
Posts: 8,982
Off Topic
Opinion:Strong Buy
Price:7.00
Horizontal
Today 07:32
I don't think we will bother , horizontal in my limited oppinion is for the likes of HH unconventional where you are fracking and struggling to get gas or oil out . We will be conventional we have the opposite problem , controlling the pressure . So I am thinking whilst the rig is in the area just start on the field drill another producing well . Start new GSA negotiations and Twenty five year licence application . Don't show all cards yet drill N3 after terms and agreements sorted , better agreements whilst there is still some risk , we don't want to be over a oil barrel whilst negotiating .
EasyBrent
Posts: 1,102
Off Topic
Opinion:No Opinion
Price:7.00
Tanzania gas demand
Today 07:29
Wentworth Resources reporting Q4 result this morning. Their JV with Maurel et Prom is the second largest gas producer in Tanzania. Their comment on Tanzania domestic demand for gas isnt to encouraging. The company is writing that they have production facilities with capacity of 130 mmscf/d but the guidance for 2017 is gas sales of only 40-50 mmscf/d.

"Production facilities now fully invested with capacity of up to 130 MMscf/d and current well deliverability expected to support substantial increase in demand."

"Mnazi Bay field production has averaged 44 MMscf/d year-to-date 2017, in line with guidance of 40 - 50 MMscf/d for 2017"

Tanzania is currently an oversupplied market and the growth is nowhere near what AEX/Solo is presenting in their investor presentations.
cperkin
Posts: 3,485
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:7.00
Results
Today 07:26
What a rollercoaster yesterday afternoon was as the muggers were out in force!

I think Weasybrent might win this :)

LUFC1111 250 bcf & 40Mmscf/d
Fairreview 300bcf & 50 Mmscf/d
TipTop 350 bcf & 55 Mmscf/d
Robbie1424 370 bcf & 46Mmscf/d
Crusty 400 bcf & 40 Mmscf/d
Sambo12 400 bcf & 50 Mmscf/d
kaisersuzae 400 BCF & 60 Mmscf/d
Xcited 450 bcf & 45 Mmscf/d
vike1 450bcf and 50 mmscf/d.
Milender 450bcf & 55Mmscf/d
Investorom 500 bcf & 40 Mmscf/d
bobbing-along - 500bcf & 50 Mmscf/d
Celticheart 500bcf & 50 Mmscf/d
Nunquam 550 bcf and 50 mscf/d
matherdj 500bcf and 55Mmscf/d
IrishNovice 540 bcf & 55Mmscf/d
Stroma 545bcf & 48Mmscf/d
Kempey - 550bcf & 45Mmscf/d
bigbench 560bcf & 45Mmscf/d
amoeteto 580 bcf & 40Mmscf/d
Deanosbooty 600 BCF & 55 Mmscf/d
NorthernMagic 650bcf and 40mmcfd
thisnthat 650 bcf & 55 Mmscf/d
DegsyAlmomd 685 and 110 scuffs
Gaslady 700 bcf & 60 Mmscf/d
Cleverboy 750bcf and 55 Mmscf/D
TarryBreeks 800 bcf & 45 Mmscf/d
J-KJager 800bcf and 60Mmscf/d
Ironic 850 BCF & 50 Mmscf/d
mediator 897 bcf & 57 Mmscf/d
Drewky 916 bcf & 61 Mmscf/d
cperkin 955 bcf & 45 Mmscf/d
WeasyBrent 2 TCF & 100Mmscfd

GLA
Ivorgasleak
Posts: 18
Off Topic
Opinion:No Opinion
Price:7.00
RE: Happy Daze
Today 06:02
P.S I am aware, we are now concentrating on production from N2, which is great. I am just curious about horizontal.




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