Member Info for NewKOTB

CEObaib ...

"I looked for references and think there is a good comparison with Serica.."

Hence why I've added more CHAR recently too after almost totally giving up at sub 2p... Reverse engineer SQZ rise and you will not find it difficult to see comparisons with CHAR to SQZ, although for sure BKR was a company maker ... can Lixus fulfill its destiny to be a company maker too .... next few RNS may well produce the clarity needed to make the market finally take real notice.

For clarity, I'm in SQZ too.

btw, nice to see you back, rolls back the years and roll-on the good old days.

aimo & dyor

The likes of JPM et al talk their OWN book ..... nothing more.

Plus PI's 'tidying up' their portfolios for tax reason too imo.

Has 420 become the new 450 ?

Well ..... nothing "slowly" about this mornings opening ! ... :-(

tbh, Whoever takes us out or even farms-in, have a guarantee winner on their hands. Relatively low CapEX to reach first production with massive potential to-boot ... Large multinational would also have greater influence in said contractual dealings with ONHYM and above all have the resources to unlock Morocco's domestic abundant gas riches including those yet to be discovered. ONHYM will, or should want to fast-track and monetise these natural resources before net zero ( or below zero ) takes a commanding hold making producing in >10 or so years time a 'dirty' and 'expensive' play. Transitional energy is just that ... !!

'Make hay while the sun shines' should be ONHYM motto, as it has never, ever shone so bright in Morocco.

aimo & dyor

Interesting reaction to the figures most of us here are already aware of .... :-)

https://youtu.be/GKTtOcL11Fo?t=7214

Yet again .... thanks to the Yanks imo.

I guess we will not know until the agreed payment terms as per existing contracts for Russian gas supplied as of today are actually paid .... usually on 30 days terms, possibly will have to wait until beginning of May to see if its rubble's (Roubles) or Euros/$ settlement and the taps are left on or turned off... Then again, this is Putin !!

aimo & dyor

See that Delek via Ithaca Energy has struck a deal to acquire North Sea player Summit Exploration and Production (wholly owned by Sumitomo Corporation) for $224 million (£170.5m).

Very little detail available on the deal atm so unable to qualify BoE / reserves acquisition cost. Appears they have a small slice of a production field, rest of the assets are exploration.

https://summiteandp.com/assets/

UKCS deals are still being done and given our strong connection to Ithaca who knows what their next move will be ... :-)

aimo & dyor

"Six people have been arrested after a campaign group targeted fuel terminals..."

Just Stop Oil said in a statement: "The Just Stop Oil coalition is demanding an end to the government's genocidal policy of expanding UK oil and gas production and is calling on all those outraged at the prospect of climate collapse and suffering from the cost-of-living crisis to stand with us".

Wait for it ...... they then go on to say .....

"Ordinary people can no longer afford oil and gas, it's time to just stop oil."

https://www.bbc.co.uk/news/uk-england-60951403

Typical holding pattern to facilitate filling a massive order ...

We shall see, if so, when complete, DARK will be set free.

aimo

Anything less than 50p/s for a Operator rights farm-in alone would be a giveaway, as for full sale, well lets save that for my dreams tonight....

When you think Ant 'n' Dec's Saturday Night Giveaway is easy money .... you have not seen anything yet.

CHAR is finally, I say finally making all the right noises and now backing that up with material assets. Who knows what gem of an RNS will be next. atb

aimo & dyor

:-)

"Russian President Vladimir Putin is speaking in Moscow after signing a decree saying foreign buyers must pay in roubles for Russian gas from Friday, with contracts halted if these payments are not made...."

If he carries through on this threat, then NBP / TTF will go ballistic .... EU have already stated they have no intention of paying in rubble (roubles)

https://www.bbc.co.uk/news/live/world-europe-60923158?ns_mchannel=social&ns_source=twitter&ns_campaign=bbc_live&ns_linkname=6245ab721fea84616a6cd637%26Pay%20in%20roubles%20or%20we%27ll%20end%20gas%20contracts%20-%20Putin%262022-03-31T13%3A26%3A07.176Z&ns_fee=0&pinned_post_locator=urn:asset:22a08fd4-0e6b-458d-8641-3c73cd561e2b&pinned_post_asset_id=6245ab721fea84616a6cd637&pinned_post_type=share

aimo & dyor

See that Delek via Ithaca Energy has struck a deal to acquire North Sea player Summit Exploration and Production (wholly owned by Sumitomo Corporation) for $224 million (£170.5m).

Very little detail available on the deal atm so unable to qualify BoE / reserves acquisition cost. Appears they have a small slice of a production field, rest of the assets are exploration.

https://summiteandp.com/assets/

UKCS deals are still being done... :-)

aimo & dyor

Sasa / Mommur,

Yes on both accounts.

PS For clarity I hold Chariot too....

PPS Would be nice to find a link within the 'old boys' network between CHAR & SQZ..... ;-)

atb

We are all aware of how strategically important UKCS will now be going forward, as such this should be reflected in not only companies valuations operating there but likewise in substantially increased BoE acquisition / farm-in costs too. Therefore, perhaps now is the time for SQZ to reconsider being exclusive to UKCS and maybe it would make sense for SQZ to look at 'viable' gas play options outside of UKCS ..... in areas that we already have geological & country experience but which have yet to see the 'oil rush', for example Morocco, where SQZ exited as recent as late 2017.... !!

SQZ can not just keep sitting on our hoards of cash, it needs to be put to work or distributed.

aimo & dyor

Trades over £50k :

tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-03-30T08:55:40.143 GBX 369.828 200000 £739656 Off-Book AIMX PRIC P LRGS AIMX
2022-03-30T15:35:05.703 GBX 389 100709 £391758.01 UT AIMX P
2022-03-30T11:46:39.837 GBX 379.25 70000 £265475 Off-Book AIMX P LRGS AIMX
2022-03-30T14:46:27.973 GBX 389.5 53605 £208791.475 Off-Book SINT P LRGS ECHO
2022-03-30T16:07:12.763 GBX 389 22828 £88800.92 Off-Book XOFF TNCP ECHO
2022-03-30T09:15:16.963 GBX 380 22369 £85002.2 AT AIMX P D
2022-03-30T15:37:21.230 GBX 389 21157 £82300.73 AT AIMX P ALGO
2022-03-30T16:05:44.640 GBX 389 21000 £81690 Off-Book XOFF P ECHO
2022-03-30T15:52:34.770 GBX 379.249 19915 £75527.43835 Off-Book XOFF TNCP ECHO
2022-03-30T14:55:17.680 GBX 389.5 17301 £67387.395 Off-Book XPOL RFPT P XPOL
2022-03-30T14:19:51.207 GBX 390 16777 £65430.3 Off-Book SINT P ECHO
2022-03-30T14:55:06.113 GBX 389.5 16668 £64921.86 Off-Book XPOL RFPT P XPOL
2022-03-30T14:45:59.657 GBX 389.5 16668 £64921.86 Off-Book XPOL RFPT P XPOL
2022-03-30T14:44:37.177 GBX 389 16668 £64838.52 Off-Book XPOL RFPT P XPOL
2022-03-30T15:38:50.180 GBX 389 16666 £64830.74 AT AIMX P ALGO
2022-03-30T14:55:17.667 GBX 389.5 16033 £62448.535 Off-Book XPOL P XPOL
2022-03-30T07:25:18.697 GBX 363 15000 £54450 Off-Book SINT P ECHO

SmithySam,

OMG really, by all accounts, think SQZ need a full-time plumber on Bruce not a software engineer.

aimo & dyor