Member Info for Ducati2

As the reporting season with the super majors is in full flow, and some hitting analyst targets and some just missing the bench mark, one thing for sure they have extra cash in reserve and ENI just reported profits more than double who will be doing their window shopping first and we have a lot too see.

Crude,let's hope it's a very happy divorce?

https://www.forbes.com/sites/gauravsharma/2018/07/24/oil-majors-are-stepping-up-their-natural-gas-game/#56dfa4007ddc

Rampus thank you for the information...............Lots going on in the back ground!

No point in saying people are lying as it only takes an email...........

ddboy don't know if this is the article.

https://uk.reuters.com/article/us-oil-majors-preview/energy-giants-opening-natural-gas-spigots-fueling-profit-rise-idUKKBN1KD0F2

5 in 5 Days...............lots to go after...........lets hope for a positive start Monday.

http://www.proactiveinvestors.co.uk/companies/stocktube/9525/sound-energy-entering-increasingly-busy-period-with-multiple-work-streams-underway-9525.html

£3 to £5 sounds fine unless, the next well hits close to 1 TCF

Mk Put me down for 8.10 ........Bring it on

Complete the well and install the Xmas tree, remove the rig. Install wireline to the tree and carry out the pressure test, run in hole and remove the wireline retrievable plugs and perforate the well. What’s the problem?

Several oil majors, including Royal Dutch Shell and BP, are boosting their share of natural gas output. A Bloomberg report said these two oil companies, by increasing gas production, are trimming the lead between them and ExxonMobil, the world’s largest publicly traded oil company. ExxonMobil has a current market cap of $348 bn, while Shell has market cap of $317 bn, and BP at $156 bn. BP expects by 2020 to produce about 60 percent gas and 40 percent oil, a reversal from 2014 when it was the opposite – a pivot that many other oil companies will likely follow. ExxonMobil for its part currently produces about 55 percent oil and 45 percent gas and remains the largest natural gas producer in the US. Shell’s acquisition of UK-based BG Group for $50 bn in 2016 boosted the share of natural gas to 50 percent of its global fossil fuels output and made it the world’s largest natural gas trader. Steve Hill, executive vice president for gas trading at Shell said recently “we see the market growing rapidly, with gas demand growing faster than overall energy demand,” adding that “we don’t see renewables as being a threat to gas.” Brian Youngberg, an analyst at Edward Jones & Co., based in St. Louis, said in reference to gas that “in the fossil fuel area, it’s the one clear growth part of the business.”

http://www.onhym.com/en/prospectivity-of-basins/regional-exploration/onshore/39-en/petroleum/196-high-plateaux-basin.html

Great interview by Brian............. World class prospect ! Once in a lifetime opertunity and at what price.........lets get the drill bit turning........Hope Shell and Repsol are looking over the fence because there's a lot too look at.......

Davey, Sorry just had Brian ringing in my ears 31 TCF......31 TCF ........31 TCF.........34 TCF all good.

Hope Malcy is putting Brian under pressure to bring out the multi TCF in Tendrara.........I know nothing price sensitive will be revealed, but it is nice just to see his face when Malcy hits him with the 31 TCF figure.

voxmarkets.............Nothing really new, just malcys thoughts on the cash raise.

https://www.voxmarkets.co.uk/blogs/emmerson-eml-malcy-sou-echo-vog-fpm-dgoc-rre-alan-green-bowl-so4-ecr-kdnc/

http://www.onhym.com/en/component/content/article/39-en/petroleum/196-high-plateaux-basin.html

http://www.onhym.com/en/component/content/article/39-en/petroleum/197-missour-basin.html

Riddlers good posts.

As we all know communication is key to any project, and JP always answers emails and has given us a first class seat in his words?

Yes the drill bit does the talking and increases the share price when it hits the sweet spot. WHY the delays.......well are great chance to find out today. JP may just want to clear the air or is there a RNS logged.......lets find out soon, but it's time for those burning questions to be answered and of course those real in depth price sensitive questions won't be answered...........Well let's not miss the opertunity because it's easy to say......What if?

Nice one JP stops the speculation........or not.

Fireside chat

NEXT FIRESIDE CHAT 3RD JULY 9:30AM

Well this site yet again not showing post and then double posts !!!!!!

Sound Energy
Sound has announced that it has raised $15m at 37p (a 7.5% discount) to ‘strengthen the company’s cash position before initiation of the high impact 3 well exploration programme in Eastern Morocco’. This is contingency money so to speak which puts Sound in a strong position at the negotiating table at a later date as they have enough cash at this stage anyway and therefore a smart move I suspect.

Sound Energy
Sound has announced that it has raised $15m at 37p (a 7.5% discount) to ‘strengthen the company’s cash position before initiation of the high impact 3 well exploration programme in Eastern Morocco’. This is contingency money so to speak which puts Sound in a strong position at the negotiating table at a later date as they have enough cash at this stage anyway and therefore a smart move I suspect.