Member Info for GeneralLevy

If we can find out which area liberator is in I assume the new license bid is in the same area? Thought this would be easy on the o&g website but can’t find a map with the area names overlayed along with the oil fields and licenses

30th license closed 21 November 2017 so all being well results circa 18 April 2018

29th licensing round closed 26 October 2016 and was announced 23 March 2017 to give you an indication as to when this one is likely to be announced gla

Sold yesterday, delayed trade

I would not want to be out of i3 Energy the week commencing 02/04/2018, no sireeeeeeeeeeeeeeeeeeeee!!

926

Heads out and a heads going straight back in

If they did get 30k bopd out of liberator, at say $48 per barrel profit / 1.4 exchange rate x 66% license assumption x 300 days per year (say 65 days downtime) at conservative PE of 10 gives an MCap of 2bln, at pe of x 20, MCap of 4bln and that’s just with liberator!!! Yes sireeeeeeeeeeee

Don’t want to ramp but that’s an MCap of between 2 and 4bln by my calculations

Whut

That’s strange 71p quoted for 2,000 on Hsbc

I can see the head!

I would not want to be out of i3e this week, no sireeeeeeeeeeee

It’s oh so quiet, shhhh, shhhh

Even better!

Crikey so, totally rough calculation on a pro rata, $200m could bring another 38780 barrels per day on line if similar capex to liberator, that said it would be less bopd than this as the actual licenses must cost a fair chunk of change I would have thought and that would need to come out of the $200m also presumably

Anyone know how much would need to be spent to get Liberator producing? We could infer how much production has been bid for in the 30th round compared to the $200m funding they were mooting, as presumably the $200m would get all the licenses bid for along with Liberator to production

I would not want to be out of i3 energy this evening, no sireeeeeeee

In here

Woah, finished even :)