Member Info for mayfair21

Try this :https://vimeo.com/48458292

This gives a flavour of the R2S product, while this video shows the product in action. https ://vimeo.com/48458292

http://www.seaenergy-plc.com/industry-presentations.html

Visual Asset Management Technology for the Oil & Gas Industry; Its Application in Insurance Tuesday 17th February 2015, 12.00-2.00pm, The Old Library, Lloyd’s of London Presentation Download the presentation

Your correct Wishful IC - A profitable passage "Shares in Aberdeen-based small-cap energy services company SeaEnergy have been making waves since I initiated coverage earlier this year ('Making waves', 20 February 2014).... I still believe that my 60p a share target price is a realistic goal, assuming of course the earnings recovery takes hold"

Video in which John Aldersey-Williams, CEO of SeaEnergy (LON:SEA), talks about the group’s progress in the upstream oil and gas sector and what to expect in 2015. He states its full-year results will be in line with expectations despite the recent fall from the oil price. http://www.proactiveinvestors.co.uk/companies/stocktube/3451/seaenergy-ceo-says-upstream-oil-and-gas-sector-presents-huge-opportunity-3451.html

You can sell for 25.15 and buy for 26.15 for the past two days so why don't the MM's close the spread from their bid price of 24p ?

http://www.seaenergy-plc.com/downloads/letters&cuttings/page.pdf

Suprised but happy to see Users on this BB who hold SEA also hold Ftse 100 stock i.e: Vodafone, Barclays, BP, Tesco, Lloyds Banking Group, Glaxosmithkline, Royal Bank of Scotland, Xcite Energy, Aviva. Sign for me of wise investors who see a company with potential to grow, are well managed, have a healthy order book and can declare a year end profit.

http://www.r2s.co.uk/downloads.asp Read the above link case study to capture a feel for what SEA will be presenting "Visual Asset Management technology for the Oil and Gas Industry" at Lloyds of London tomorrow. R2S as a tool for proactive risk management for Bibby Offshore and for incident investigation. R2S recorded a crane incident from start to finish allowing important lessons to be learnt and for the incident like this not to occur again.

R2S VAM http://www.r2s.co.uk/home.asp As SEA are presenting "Visual Asset Management technology for the Oil and Gas Industry" at Lloyds of London tomorrow I thought I would look up potential benefits to the oil industry by taking a look at the BP oil spill in the the Gulf of Mexico in 2010 where BP were responsible for close to $40 billion in fines, cleanup costs, and settlements as a result of the oil spill, with an additional $16 billion due to the Clean Water Act. $4.5bn was paid out by BP after accepting its criminal liability for the disaster. The numbers are mind boggling and the case complex so DYOR on that one. You can see why R2S VAM - Emergency Response would be a sought after application by the oil majors in order to reduce the risk of such a crisis (http://www.r2s.co.uk/emergency.). In a crisis situation, having accurate and up-to-date information is paramount. Capturing an asset or facility using R2S allows the situation to be exactly replicated. This ensures that everyone is aligned, aiding understanding and communication. Proactive planning and scenario testing are more realistic and dynamic. Procedures and processes can be easily tested, demonstrated, both internally and to clients and regulatory bodies. Constant reviewing of responses and plans will ensure that everyone is aware and proficient in their role and responsibilities.

Aardvark as I said I am not in the insurance game . However, we do have a example we can use, of the worst possible kind. In 1988, a North Sea oil platform called 'Piper Alpha' had an explosion resulting in the death toll of a 167. Total insured loss was about £1.7 billion (US$3.4 billion). 27 years later what is the potential loss for each platform if such a disaster occurred - £5 billion or more? So how much is the potential risk to Lloyds of London in today's terms. Well there are over 570 oil and gas rigs in the North Sea. Insurers always take the worst possible scenario, so the maximum potential loss is 570 x £5 billon = £2.85 trillion. Of course the insurance premium cannot be so large that there is not a reasonable chance of a significant loss to the insurer but then again a insurance business model is to collect more in premium and investment income than is paid out in losses. At that point I have to stop because I do not have the factual evidence to back up any financial insurance figure to what a oil rig platform cost to insure, but I bet its not peanuts! Anybody out there in the insurance business who can enlighten us

Lloyds of London, presentation for Oil industry on 17 February 2015 - expect you saw it in their last trading update along with other various events to be held by SEA.

Not being in the insurance trade excuse my lack of terminology, but hope you get the drift on the following. Business insurance premium is based on the element of risk and likelihood of pay out. So the more data you have on the areas of risk and provisions to element risk the more you save on insurance premium ( which we all know can be high) particularly in high risk industry such as oil and gas production. R2S VAM provides a visually based central database storage facility, for all recorded digital asset & facility information ideal for Insurance Inspections and reducing the areas of risk. R2S VAM documents and communicates aspects for many applications such as – Restricted Access Visuals, Condition Survey Assessments, Maintenance Reports, Asset Care, Health & Safety, Facility Management, Fire Risk Assessments, s, Heritage Archiving, Training, Site Security, Asset Audit reports, plus many others. So reduce the risk, reduce the premium - R2S VAM helps do that. http://www.r2s.co.uk/home.asp

Hello bopd, more the former than the latter although admit to averaging in at the price to hold this stock at 20p a share. 'Cutting/scaling back' all means the same oil producers are looking to reduce costs and increase efficiency. . Hence SEA have a strong order book for 2015 R2S VAM from four of the five super-majors. You may want to go to Lloyds of London, on 17 February 2015 where SEA will be presenting "Visual Asset Management technology for the Oil and Gas Industry: Its application in Insurance". But I am sure you don't want to hear about the millions the oil industry can save on insurance using R2S VAM. After all Oil producers are only 'Cutting' not cost saving. Have to a agree the vessels side does look a bit of a lame duck, but they are specific for off shore wind farms not oil platforms and the cost associated with vessels tenders are cost neutral and account for little in the SeaEnergy Ship Management programme. A carried interest in Lansdowne is worth something but nowhere near the 80p predication of 12 months ago, be lucky if they hit 15p but what it does mean is there will be no requirement for SEA to make impairment provision on the balance sheet so no negative effect on the reported results. It may look ironic that I talk about a company that is at most break-even for me, and why not chat about another holding of mine such as Kibo, which I brought at 0.08p. Its because I like to invest companies early before the herd arrives. When I see a company with potential to grow, are well managed, have a healthy order book and about to declare a year end profit, I like to talk about them to see if anyone is interested, I appreciate your viewpoints and although not in total agreement it is in not to say you are wrong and I am right. Time will tell so lets see in 9 months whether we are closer to your 15p predication or my 45p predication In the meantime, good luck with your investments. .

Good news! Lansdowne Oil confirm that they and Providence has reached agreement on the commercial terms with the proposed farminee on its Barryroe asset. Why good news? SeaEnergy hold a 20% legacy asset in Lansdowne Oil and a farm out will see an increased share price above SEA's carry value and therefore they will be no requirement to man impairment provision. OUTCOME: no negative effect on the reported results for SeaEnergy at the year end - just all profit! Also in Feb's RNS it stated that a farm out of Barryroe should be the opportunity to commence an exit from the investment . SEA's investment return is dependant on LGOP share price but with a 20% holding could ( even in the short term) be more than the market capitalisation of SEA's 12.5 million. And the market response to this cracking news, drop SEA's share price by 5%. (My take on the market) no idea that SEA hold this oil legacy asset and just drop the price on market sentiment for the sector.

Yep - QPP psycho nutters - I placed a message of humour (named another company) was reported by over 500 and banned for 2 weeks. Sensitive is not the word for that BB. If price does not go up your a troll, apparently. Not brought into TAVI definitely on my watch list. If I miss out good luck to all the early birds.

Hmm, not sure I agree with B/Bulls reverse trend - the charts shows a Doji candlestick so they are neither Bullish nor Bearish.Without confirmation, the signs are neutral and merely indicate a potential resistance level at best. Until a clear confirmation signal then one should stay long. The price is a likely to go up as it is down. With the recent positive outlook for the company the likelihood is the price will steadily rise.

Yuk! one day bullish the next bearish. what can one say? other than price has risen by +16.67%.in 3 days.

Candlesticks show new major bearish reversal pattern