The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
We are not interested
Go and take your pumping posts of oilman Jim to the other boards.
Tony
Sharehouse
Had around 300 investors look at my posts .Your recent posts will be of interest.
Their was another one which I think I saw you on again post your info as some on their need educating.
Keep the good work up and please don’t rise to Lou . It great to read your professional posts this week 👍
Stick to what you are good at .
I really don’t think the shareholders care anymore on Jim as we have enough posts to write a small book.
Lou same to you. We don’t care if Tony is following you on other threads.if you both don’t respond to each other life would be back to normal like this weekend.
Don’t forget we have a very experience CEO who has been working for I3e for only 4 months.
We are very pleased to welcome Jason to the team as our new group CFO, following a thorough search process. His broad financial reporting expertise across the energy sector value chain and M&A experience will be invaluable to the Company
Watch this space on farm outs and acquisitions.
The loan facility organised by Jason was not just for paying off the previous loan but to have the facility to buy.
But I think a spanner was put in the works by one on the investment companies voting down in the flexibility in issuing shares with out going through the shareholders.May be wrong on this.
It said the wells drilled, particularly in the strategically-important Simonette and Clearwater acreage, demonstrated aggregate well productivity that either met or exceeded management expectations.
The company said it actively pursued growth opportunities through various means, including participation in land sale auctions, farm-ins, joint ventures, and partner consolidation.
Tony
Use your filter button you will always hit a brick wall with some posters.
GGG
Does have some valid points but who knew in June oil would be above $80 and gas $3 .
A special dividend from all the extra profit they are making should be given with the October dividend or Pump into more wells
In Clearwater.
Due to seeing so much consolidation happening I would be surprised we will be still here by end of 2024.
If a company offers 25p I will be happy with the offer.In the meantime I will continue to build up my already large holding each month at these low prices.
Clock is tickings.
Ukraine's Navy declared 6 russian ports on the Black Sea a "war risk area", inc Novorossiysk.
Port of Novorossiysk accounts for up to 30%(!) of russia's seaborne exports of crude #oil.
This volume goes mostly to Turkey and South Europe.
Valuation all depends on what a company is prepared to pay.
GGG points are very valid.
20p-25p by next year.
More would be nice but like our company it will depend on the price of oil.
The higher the price the more profit the company makes the higher the price the company is worth.
What is interesting is all those large buys lately does more than one person know info through others on our leaky company.
Notice the buys are all from London ,so the leak will be in the uk.
I have completed several Mou in the past to see strong buying appear.
Their never any guarantees on a contract or T/o when one has been signed.
In our view the rise in prices is a belated market acknowledgment of a significant tightening. We expect a seasonal increase in demand to combine with producer output restraint to create large supply deficits over the next two months,” they added.
In the report, the Standard Chartered analysts noted that their supply and demand model projects supply deficits of 2.81 million barrels per day in August and 2.43 million barrels per day in September, “with further deficits of above two million barrels per day in November and December and again in February 2024”.
The analysts projected in the report that global inventories will fall by 310 million barrels per day by end-2023 and by a further 94 million barrels per day in the first quarter of next year, “keeping oil markets backwardated and pulling prices higher”.
“Our average Brent price forecasts are unchanged at $88 per barrel for Q3 and $93 per barrel for Q4,” the analysts stated in the report.
“We expect demand to reach an all-time high in August and then set new highs in December 2023, and February, March, June, and August 2024,”
Don’t worry
Share price is recovering
Oil is surging
Gas is going up
I3e will need to revise their projected sales and profits and release the 6 million to develop more wells in fourth quarter in Clearwater if oil stays above $80
Kid I3e may want to get bigger but so do the bigger boys.
Lots of consolidation in Clearwater with the bigger companies taking out the likes of I3e only a matter of time.
Are you on crack tonight first time I been called dude or our you smoking a bit of hash.
Through acquisitions, Alberta Crown Lands Sales, joint ventures, farm-in agreements, and partner consolidation, i3 has built its position to 144 gross sections (109 net sections, equivalent to 280 km2) of Clearwater rights in the Dawson, Cadotte, Nipisi, Seal, Harmon, Walrus, Marten Creek and Marten Hills areas. These areas are characterized by multi-zone stacked potential in the Clearwater, Falher and Bluesky formations and contain a number of legacy vertical wells which have attractive oil shows and gas readings throughout these prolific intervals. In growing its position, i3 has prioritized all-season access lands to optimize on-production times and enhance full-cycle economics. In Marten Creek where access is restricted, i3 has negotiated unfettered use of a large inventory of surface pads and more than 150 km of third-party pipeline infrastructure, which can be utilised to minimise future capital requirements as efforts shift to potential oil development. In addition to ongoing development at Marten Hills, i3 will continue to advance appraisal and development of its existing Clearwater acreage at greater Dawson, Cadotte and Marten Creek.
I believe we will see more consolidation in the Canadian oil markets.A lot of acquisitions in Clearwater.
What your opinion on tamarack
taking us out they have the resources to do so at this cheap price
On June 10, 2022, Tamarack closed the acquisition of Southern Clearwater area properties. The assets include approximately 2,100 boe/d of oil weighted assets, along with adding 34,560 net acres in the Southern Clearwater oil play of Alberta for a total purchase price of approximately $108.1 million.
• On February 15, 2022, Tamarack closed the acquisition of Southern Clearwater area properties. The assets include approximately 3,500 boe/d of oil weighted assets, along with adding 153.7 net sections in the Southern Clearwater oil play of Alberta for a total purchase price of approximately $228.3 million.
• On June 1, 2021, Tamarack closed the acquisition of Charlie Lake area properties in the Grande Prairie field of Alberta. The assets include approximately 11,800 boe/d of oil weighted assets, along with adding 349.7 net sections in the Charlie Lake oil play of Alberta for a total purchase price of approximately $538.4 million.