Member Info for maestro1

From advfn

Edgein
Repsol/Sinopec are planning to drill the two developmental wells into Tain in Q1 '22. So even if we didn't get a FO with those guys the jackup rig will be right there around the middle of next year.

Https://www.repsolsinopecuk.com/files/Tain-ES.pdf

Regards,
Ed.

Jadam

Tony put $1.16m in his calculations i thought it was £1.16m too.

I think its high time now, i3e are like a kid with so many different candy they just dont know which one to eat first. :)

The new asset in South Simonette will quickly add 720boepd and of that 350barrels is oil. The old operator spent over $30m in drilling 3 wells and installing infrastructure i3e got it for a steal at $4m.

Noel should also be coming online sometime this month 500boepd.

Tony

£1.16m or $1.16m for divi?

Now that repsol will be drilling two development wells in q1 2022, it make sense for them to have a crack at serenity, i3e believes serenity joins Tain.

That last video interview with Majid is a dead giveaway.

Oil at close to $73.

I think f/o will be with repsol. Imho

It is a joke, Budd said he can make it work in India, still nothing.

Fda may think they have issued enough eua's for pcr test thus not issuing more...

The support of 60's broken, i think because we have not heard anything in the sales front, funding maybe required imho.

So a possibility of placing hence price falling on low volume.

All imho not fact..

Maybe the fda think there is loads of eua's in market for pcr tests, thus no progress.

This is ridiculous, they struggling to sell in india too when they have approval..

"An FID on Tain is expected in the second quarter of 2021. Two production wells would be tied back to a new manifold 12 miles from Bleo Holm via a new pipeline, while topside modifications would also be required."

We are almost at the end of q2 and fid on tain has still not been decided, maybe repsol waiting for serenity deal to be complete.

:)

Was Majid implying they have something similar to LOI in place with serenity.

I thought they wouldnt get farm in this year but the statement in the interviews makes me confident a deal is close.

Tony

I agree, Serenity is indeed interesting.

Ii's got in last year in assumption of divi, so it makes sense.

Oil over $71, the only way is up for i3e now, massively undervalued..

Quite a few stocks they playing this game.

Peel r ****s.

Agm on thursday,

Brent $70.32 the resistance broken, oil stocks going on a rally imminently.

So production over 10kboepd with my calculations now with Noel production also expected in june.

All those who picked up cheap shares well done.

Bought more land, increased production by 720boepd.

Bank holiday..

Moses i agree but other perspective as Freshair has mentioned is that with being divi payer there credit rating would improve and better finance opportunities will be available.

As Tony has stated I3e can drill a well a month with there fCf.

Tony

I hope its more than 8.8m, this is the reason they shouldnt have paid divi this year, i would have preferred the spent the $8m cad for divi in new wells this year.

By my reckoning they should have over $15m now.

Mirabauld report stated year end cash for 2020 was $18.8m but the new Tennyson report states $8.2m for YE 2020.

This is some discrepency. Hopefully YE results 2020 will come out shortly and will find out where it is.

Maybe ask what is i3e current cash position also.

Pete

He must have some qualities if he can demand 600k but regardless i3e will soon be a divi paying company and they doing ok.