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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: 51.25Bid: 51.25Ask: 53.00Change: -0.75 (-1.44%)Faller - Sound Energy
Spread: 1.75Spread as %: 3.41%Open: 54.50High: 54.50Low: 50.50Yesterday’s Close: 52.00


Share Discussion for Sound Energy


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Kempseyman
Posts: 193
Off Topic
Opinion:No Opinion
Price:51.25
Shell and adjacent acreage.......
Today 18:11
An interesting reply to a question posed by J Gillies on the fireside chat;

Q; Are you aware of any work that Shell have carried out on neighbouring blocks?
and at 2.22pm for reference JP replied with;

A; Thanks for the queston, it is difficult for us to comment publicly on the activities of another company. However I can confirm that I believe them to be very interested in the acreage which surrounds our Eastern Morocco position........"

Now I'm really not sure how difficult it is for James to comment on the activities of competitor companies holding licences adjacent to our own- (unless of course confidentialty agreements are in force between Shell and Sound?). Am pretty sure on numerous occasions companies mention activities ongoing in adjacent territories. And the dots after his answer tells me to watch this space. :)

Hey ho, I like a good conspiracy theory
 
250SWB
Posts: 245
Off Topic
Opinion:No Opinion
Price:51.25
RE: Hi Mancave..........
Today 17:32
Neptunes

according to the presentations/fireside chat

aren't we targeting three DIFFERENT play types???

if so and if we already have INFORMATION re each of those play types
(from other drills on the licenced areas)

are we actually looking to prove up EACH/ EVERY one of those play types?
I think that could be the case

but as I have said, I reckon BM's 'politician's answer' (to 'will we drill?') speaks volumes
Neptunes
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:51.50
View Thread (2)
RE: Hi Mancave..........
Today 15:51
It'll be fine, buddy. I think its dangerous to try and apply logic to sentiment. Its easy to look at the negatives. Slowly but surely. We have money to enable us three more rolls of the dice. Interest will return after Christmas. Money comes and goes, just be clear in your mind that no one knows what is in the ground until the drill tip hits TD. Everything prior to that is based on experience and professionalism. Everyone wants to hit the jackpot here but just be certain you invest only what you can afford to lose. Sit tight. :-)
allmyeggs
Posts: 394
Off Topic
Opinion:No Opinion
Price:51.50
sp
Today 15:38
It's just gone blue !
Mancave
Posts: 817
Off Topic
Opinion:No Opinion
Price:50.50
RE: Hi Mancave..........
Today 15:29
Point taken Neptunes - why double the risk for the same amount of upside; I just need to see the bullish sentiment turn in to cold hard fact which = cold hard cash, hopefully.
Not deramping by any means, its just slightly depressing to see the SP tick along and trickle down with the odd spike and see other stocks rise significantly on good news that we always seem to be on the cusp of but never seem to cross the brow of the hill. I am sure it will alL come right in the end, am hoping for a slightly happier Xmas than last year. Think it is just the weather and the missus is getting the bath refurbed at massive expense.......:)
Neptunes
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:50.50
View Thread (4)
RE: Hi Mancave..........
Today 15:12
Hello mate, just my opinion but having two drills doesn't mitigate risk or cash burn. Imagine drilling simultaneously and both are dusters. You can learn lessons from one of those drills and use the saved cash on the second to prove up further concepts.

TE8 was a duster and any one who says otherwise is delusional. However, as above, what we did gain from the drill valuable data on the geology to help us plan for further drilling. I think the team, as like Badile were adamant that they were certain to encounter a result like TE-7 without further seismic - and imagine if we had :-)
Midus
Posts: 3,116
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:50.50
RE: Hi Mancave..........
Today 14:55
I have been asking myself the same question - "why did we not do the seismic earlier"?
One answer may be that once they had the results on TE6, they thought that that the could find 5-10TCF using just the existing seismic, and after TE8 they had a rethink. The other may be that RP's longer term strategy to get Schulmberger to to pay for the seismic once they had seen what was down there.
Mancave
Posts: 817
Off Topic
Opinion:No Opinion
Price:51.00
RE: Hi Mancave..........
Today 14:34
Thanks Rushfan - am normally positive about this but, every now and then, I just wish that my belief in this company is rewarded with concrete, positive, independent assessments of what we hold,. I know I have only been here a relatively short time, and I know that there are investors on here who have much, much more than I invested both timewise and financially. And I know that there has to be sequential targets that have to be met to achieve this, and that they take time. It is just that sometimes I get the feeling that this could have happened a bit earlier and something prevented them. i.e. why were we not doing seismic/grad this time last year? Why not two drills? There are probably very good answers to these questions and it is all water under he bridge and I think it is just the fact that so much is unproven and I wonder sometimes, with the way that our SP nose dives on good news, what would happen if the good news is so good?

2nd moan over............... back on the positive pony...
jacklevi
Posts: 1,107
Off Topic
Opinion:No Opinion
Price:51.00
Hi Mancave
Today 14:20
Rush i find it a total pain in the arse but all my investments were tranfered to this new website and can`t face the problem of transferring somewhere new
ozzie43
Posts: 1,990
Off Topic
Opinion:No Opinion
Price:51.00
RE: MARRAK
Today 14:14
Cheemap - my recollection of the response from JP regarding the data room was much more vague - more along the lines of not answering at all so as to avoid compromising any negotiating position. He wasn't drawn on whether we have enough one now or. Or, of how it would be approached when we do have one.

Kempsey - re your comments around TE8, don't forget BM's comments that the results of TE8 will only be truly understood and appreciated once all information is in the public domain. TE8 has told them a given them a deal of valuable information is my take.




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