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Useful and positive call tonight between some shareholders. Heavily invested and today has been on the cards for a while but rubbish never the less. Realistically done and dusted but when you have nothing to loose then what's the worst that can happen by exploring all options. Keen to try and get some weight behind the conversations so if you are interested to join the group chat message me and I will add you in. 0 7 no space 9 no space 7 9 4 1 7 2 7 6
Is anyone a premium member on here? I am trying to get hold of Peakview, Sailor NL and GreatGigInTheSky who previously posted on here but to message them directly you need to be a premium member. Any help or support would be greatly received. Thanks in advance.
GLA
sorry AJM123, just seen you also received the same email from JC at 7:30 last night! Clearly they felt they needed to respond as I only sent my email yesterday and had a reply last night.
After asking IOG for an update following the recent plummet in share price here was there swift response.
Your concerns are completely understood. Management is very well aware that investors would like further operational news, particularly at a time when the wider market is under pressure. If you look back over previous months you’ll see that an operational update will typically be issued approximately monthly or so, depending on activities. So it would be inappropriate to interpret a particular gap between RNSes as nothing happening. However, precise timing for operational updates is driven by operational progress, and gathering and synthesizing the necessary information to ensure there is a meaningful and useful update for investors, rather than just by a set schedule. Thanks for your understanding and thanks for your support as a shareholder in IOG.
Hopefully we get a positive update shortly.
GLA
290,000 shares held
https://www.theguardian.com/business/live/2022/aug/24/energy-bills-crisis-opec-oil-inflation-cost-of-living-felixstowe-business-live00-business-live
1h ago
09.59
UK gas producers say they have boosted domestic production by over a quarter this year, a time when cuts to Russian supplies of oil and gas sent prices soaring.
Offshore Energies UK, which represents the UK offshore energy industry, reports that gas output jumped 26% in the first half of 2022, compared with a year ago – enough to heat almost 3.5 million UK homes for a year, they say.
UK gas production rose by 3.5 billion cubic metres in January-June, to 16.831 billion cubic metres of gas, thanks to the start-up of new fields in the southern North Sea, including Harbour’s Tolmount field and IOG’s Saturn Banks project.
There has also been much less planned shutdown activity, as suppliers kept plans running to maximise energy supply.
Just looked back and the 6 months trading up to 30th June 2021 were announced on 26th August 2021. So we should hopefully get some updated unaudited figures, operations update and commentary within the next couple of weeks. I for one will be looking forward to the progress and updates.
GLA
*hunt*
Decent interview with Peel Hund & Andrew Hockey on linked in
https://peelhuntoilandgas.gallery.video/010722
Thanks GG. Some more here too.
https://www.cityam.com/iog-delivers-first-gas-in-new-north-sea-project/
https://www.energyvoice.com/oilandgas/north-sea/exploration-production/392054/iog-saturn-banks-2/
A very useful RNS this morning, and finally a date for first gas. As always lots of very useful technical information shared on the board this morning (many thanks to those who have, it is so valuable). We are looking in a strong position and grateful for dip in share price yesterday as it gave me an opportunity to make a small and first investment for my 10 month old daughter!
It’s been a long wait for some and even longer for others but within 4 weeks IOG will be reaching a monumental mile stone.
GLA
The ones I'm currently keeping an eye on are: IGAS, LAM, MATD, UJO and WTE
Can anyone recommend another Oil and or Gas company who you are keeping an eye on? Starting to prepare for life after phase 1 or 2 here. Similar to IOG where a bit of patience is required but offers excellent value. Thanks for the regulars on here who have been giving excellent updates and sharing their knowledge, especially Peakview, SailorNL, GreatGigInTheSky. Very much appreciated. Happy New Year and roll on first gas
Very useful summary Moleinahole, a very fair and balanced view. Just watched the interview with Andrew Hockey (thanks Jamins) which was useful to hear the operational update and understand more about the projects after phase one.
GLA
Very useful update from the BOD. All moving along nicely to first gas Q3 2021. Thanks for update GG too, always insightful. Keep safe during this next period of lock down.
GLA
Delighted to have been able to top up at these very low levels. Bringing my weighted average down at the same time. Buys certainly going through as sells as mine was the first buy of today but showing as a sell.
GLA