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EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


Sound Energy Share Chat (SOU)



Share Price: 52.00Bid: 51.50Ask: 52.00Change: 0.00 (0.00%)No Movement on Sound Energy
Spread: 0.50Spread as %: 0.97%Open: 52.25High: 52.75Low: 51.25Yesterday’s Close: 52.00


Share Discussion for Sound Energy


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Ducati2
Posts: 2,913
Off Topic
Opinion:No Opinion
Price:52.00
Golden Age
Sun 20:55
 
Soundingoff
Posts: 1,780
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:52.00
View Thread (4)
Noble Energy- Levant Basin
Sun 20:41
I wanted to read up on a real case of the development of a field. Noble Energy has, since 2009 been working through the Levant Basin, including the discoveries of Tamar, Leviathan and Karish. Leviathan being the most well known at up to 20TCF.

Here they applied the geology, seismic and drill info/testing to the further wells and were very accurate in their estimates.

I haven't spent long on it, but what reads across is how many wells we actually have data from on our massive licenses. AND TE8 will be incredibly useful to aid the seismic mapping. What Brian said in his interview does read across to the reality of field development and the potential of a major to buy us out on the strength of this data.

Once again I all left questioning how big the BOD think this field could be. Looking at the list of larger gas fields, it is striking how few are onshore. The vast size of our permits also stands out. Coupled with the relatively stable political situation, economic need and favourable tax regime, it's really clear what a prize this could be.
jag11
Posts: 437
Observation
Opinion:No Opinion
Price:52.00
RE: LE Timelines - on what we know...
Sun 16:32
Thanks, nkb100 - a neat visualisation of the plans for the next year. But, as many here have said, a good couple of drill results in Q1 2018 to go along with the seismic and gradiometry may well see us fighting off offers (or not!).
nkb100
Posts: 72
Off Topic
Opinion:No Opinion
Price:52.00
View Thread (5)
LE Timelines - on what we know...
Sun 16:05
I put the attached timeline based on Fireside discussion. Surely Q4 2018 must be a real possibility now? Would love it to be May 2018 as per 250SWB but perhaps between May 2018 - Oct 2018.

https://www.dropbox.com/s/wzy3duqbna9xsmd/Timeline%20-%20Oct2017.001.jpeg?dl=0
Kempseyman
Posts: 191
Off Topic
Opinion:No Opinion
Price:52.00
RE: Check this out
Sun 15:57
Interesting Mike... btw, there's two m's in their name Emmerson plc
http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1508229940376680600.html
http://www.emmersonplc.com
Still due diligence to be done and a hefty fundraising, of ten million? current m. cap c.one mill.GL
s
GozoMike
Posts: 1,072
Off Topic
Opinion:No Opinion
Price:52.00
Check this out
Sun 14:51
Have a look at a UK company called Emerson plc who have raised £10 million to take over Moroccan Salts Co.This Company plan to mine Potash and Halite rock salt from the mine at Khemisset near Rabat and Meknes. Could this be the proposed Phosphate mine on the Sound Sidi Moktar plan? Potential gas sales agreement?
Mooncheese
Posts: 1,587
Off Topic
Opinion:No Opinion
Price:52.00
View Thread (2)
RE: Now concerned
Sun 14:07
Hi, Reg - With Fastnet, perhaps the stroke of luck was Will Holland deciding to walk through our door. Badile was so close to being a success - that's the game we're in. Agree with you that drilling needed to get a good sale price. This will take time. But think it is JP, not BM, steering the ship to a 'premature' sale here. (Check out earlier posts of mine.) Patience needed. And agree totally with your statement: ' Many posters happy with £2, not me when the company talk about 31tcf. Hence my concern as Sounds do not turn up every day.' Good luck.
IfonlyIhad
Posts: 144
Off Topic
Opinion:No Opinion
Price:52.00
View Thread (3)
RE: Now concerned
Sun 13:52
Hi Marrak you say many posters would except £2 without risk, You also state you would rather have the higher price of 31TCF. Unfortunately for that to happen you will have to trust BM judgement, where does that leave you now, really you have no choice but to trust BM. GLE
smallsmile
Posts: 1,212
Off Topic
Opinion:No Opinion
Price:52.00
RE: Now concerned
Sun 13:24
Who's this TP?
Getaroom
Posts: 126
Off Topic
Opinion:No Opinion
Price:52.00
RE: Now concerned
Sun 12:55
Spot on!!




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