What is the storage capacity of the grey tankers at Horse Hill?
What is the oil storage capacity at Horse Hill?
The well has been shut for 2 years so the clean-up can take sometime. Recoverying the kill fluid is not always plain sailing.
So why is the stock selling off?
Is it only me or was the between the lines message in todays RNS not as positive as last update on Haverion?
H2 2019 for first oil is finally in the investor presentation. Better to come clean. Now focus on securing funds.
Nice to see that WRL keeps cutting cost and focus on one exchange instead of two.
I think WRL is in a very good spot for the second half of the year.
How many days do we have to wait until we will get the first flow rate?
eggonaroll, I agree when it drops close to 39 level there is buying support. It odd.
I think they will wait until Monday to be able to give a more comprehensive update.
Sirius continues to deliver on the plan.
Have Sound management said if they are going to finance the next three exploration wells from their cash balance?
Good luck!
The next big thing is the 2nd amendment agreement.
DW has said that if ICW-2 is good they need to drill another well to prove the concept.
I think Wentworth is one of the most overlooked E&Ps on AIM/LSE. The development of the asset was slow, and the ramp up was slow and payments were slow. All these factors seem to have resulted in that investor lost interest in the stock. But I think now that the stock is very interesting due to a few reasons: First, production so far in 2018 is outperforming guidance. Secondly, payments have been more consistent in 2018. Which has resulted in a rapidly improved balance sheet. The company should be net debt free during 2018. Thirdly, there seems to be more demand for gas in the next 12 month which could support an increase in production guidance. The stock is now where cheap on cash flow to enterprise value multiples and other metrics. Furthermore, the company has moved the management from Calgary to London to reduce cost. I think this process has unintentionally resulted in that the company has not been out meeting investor much, the past 6 months. As the CEO and CFO left the company when the office move was decided. The stock isnt moving much but investors will eventually recognize that it's among the cheapest E&P on AIM/LSE.
Great thanks Brombarb
I am not a specialist on flow rates, but I do trade a lot oil and oil stocks.
Its amazing that the stock hasnt moved up more considering that the management keeps on delivering.
What sort of flow rate would be considered a success for IceWine-2?