We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The faster they produce the sooner they need to drill more wells to replenish the gas. At the moment the gas from the present wells is done later next year. It will soon need to splash the cash.
Damofarl Some people are joykillers. It seems like they find pleasure in that. Like one person hundred of times harass the management -of wen even stating lies about the SP development, and about the fact that Wen is in fact a semi-operational company - working closely in cooperation and partnership with M&P.
I read Perkins post and became happy.
Then Your post and it did not make me happy. I think when something happens it is news. It is also news when media report the news. Then it is news in a broader sense.
I think also for my part, the following were good news. "Production at the Mnazi Bay gas field averaged 80 million standard cubic feet a day (Mscf), above the 2021 target and the country’s overall gas demand for the year as production costs dropped 72 percent to $0.48 per Mscf “due to continued focus on cost efficiencies and high degree of operational leverage at Mnazi Bay,” it said."
Knowing we get 7% more paid, and knowing there're a lot of uncertaintiesin the world today , like money becomes more expensive, I think Wen is quite a safe haven compared to a lot of other companies.
Fine damofarl, if you are not interested in what's being reported in country and when, (why now?) feel free to ignore or use the filter.
Have fun
cperkin; how is it more relevant when it's taken from a 4 month old RNS? Frankly, if its taken anyone 4 months to digest something they shouldn't be invested here, or frankly in anything.
And to believe a 'fresh' post from a journalist who has taken 4 months to read something publicly available as relevant shows where the irrelevance is.
i look forward to your/the journalists next post on the 21 August.......
Each to their own damofarl, I would suggest the article is far more interesting and relevant than your own post m8.
Hey ho.
re; "Not really sure what the point of the post it?"
Shame on you damofarl!!
cperkin; whilst the article you link is today, the interims were 4 months ago, so hardly new news for anyone that takes the time to follow the company they are invested in.
Not really sure what the point of the post it?
According to Wentworth’s interim results report for 2021, the company’s revenues for the first half of the year up to June 30 went up by 40 percent to a best-ever $11.7 million due to record levels of production at the Mnazi Bay gas field in Ruvuma region.
https://www.theeastafrican.co.ke/tea/business/uk-gas-producer-posts-record-earnings-buoyed-by-tanzania-plant-3684982
Thanks to Smudger63 on the AEX board.