Member Info for NewKOTB

Dartron,

"Nearly back to pre-invasion share price. Like it was all a bad dream..."

Indeed, tbh, I wish it was !

However, we are where we are .... atm that is +1p/s up pre invasion, contrast that with NBP up @20% for the same period. Probably get a TR-1 next week imo.

aimo & dyor.

long one too ..... !!

With average NBP ~192p/therm and Brent ~$90 barrel for 2022 to-date on average production 30.3kboepd revenue would be around ~£115m, net (post Opex / hedging / Admin) for this year. With EoY 2021 cash and equivalents resources reported at £218m plus Dec receivables less Nov / Dec PSA estimated at ~£15m net.

TBH, after yesterday manic rise in NBP, I'm surprised on extent of today's fall both with SQZ and NBP. Currently SQZ are up ~6pt's (2.5%) net from opening yesterday ..... so Mr Putin is not the only mad one atm, Mr Market is too.

SQZ with cash, equivalents and owed revenue totaling ~£348m would mean that SQZ present Cash to MCap represents 48% of company MCap held in cash and equivalent atm. Not forgetting, SQZ are DEBT FREE too.

As I keep mentioning, perversely, the longer this continues the cheaper SQZ becomes to acquire.

Cash build will continue to be significant as major CapEx not expected until H2

At current NBP (248p/therm)/Brent($98) SQZ are adding circa ~£2.6m per day, net or around ~6.7p/s per week in cash.

aimo & dyor

Thursday: Mega Volume 4.6m with 72.5% of 1941 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-24T15:04:40.387 GBX 289.6 350000 £1013600 Off-Book AIMX P LRGS AIMX
2022-02-24T13:21:39.047 GBX 290 250000 725000 Off-Book AIMX P AIMX
2022-02-24T11:27:25.483 GBX 289.5 155000 448725 Off-Book XPOL P XPOL
2022-02-24T13:18:35.087 GBX 290 100000 290000 Off-Book AIMX P AIMX
2022-02-24T13:17:27.683 GBX 290 85944 249237.6 Off-Book AIMX P AIMX
2022-02-24T13:17:35.760 GBX 290 84118 243942.2 Off-Book AIMX P AIMX
2022-02-24T13:45:57.910 GBX 290.5 78728 228704.84 Off-Book AIMX P AIMX
2022-02-24T13:19:19.883 GBX 290 65882 191057.8 Off-Book AIMX P AIMX
2022-02-24T16:35:05.947 GBX 289.5 50435 146009.325 UT AIMX P
2022-02-23T18:33:15.000 GBP 2.65792 51538 136983.881 Off-Book XOFF N TNCP ECHO
2022-02-24T14:54:13.577 GBX 290.5 44364 128877.42 Off-Book AIMX P AIMX
2022-02-24T17:59:21.000 GBX 285.908 36509 104382.1517 Off-Book XOFF TNCP ECHO
2022-02-24T18:59:21.000 GBP 2.85908 36509 104382.1517 Off-Book XOFF N TNCP ECHO
2022-02-24T13:31:05.433 GBX 290 31853 92373.7 AT AIMX P D ALGO
2022-02-24T14:53:38.443 GBX 290.5 30000 87150 Off-Book AIMX P AIMX
2022-02-24T12:22:51.640 GBX 288 30000 86400 Off-Book AIMX P LRGS AIMX
2022-02-24T08:00:15.893 GBX 277.621 27016 75002.08936 Off-Book AIMX P LRGS AIMX
2022-02-23T18:07:48.000 GBX 270 20000 54000 Off-Book XOFF N ECHO
2022-02-24T10:36:30.953 GBX 282.477 17698 49992.77946 Off-Book AIMX P AIMX

Sad day yesterday for all ....

More fool those who read this tripe publication and take it as gospel without doing basic research .....

aimo & dyor

I actually feel sick this morning .... Putin, did you really have to do that !!!! Of course not !!!

Upomega .... Thoughts and prayers indeed.

Wednesday: Good Volume 1.9m with 70.5% of 633 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-23T13:36:18.717 GBX 266 221422 588982.52 Off-Book AIMX P AIMX
2022-02-23T10:44:02.647 GBX 266 190000 505400 Off-Book AIMX P AIMX
2022-02-23T16:35:13.673 GBX 270 85236 230137.2 UT AIMX P
2022-02-23T11:22:34.853 GBX 266 76852 204426.32 Off-Book AIMX P AIMX
2022-02-23T11:23:07.577 GBX 266 75000 199500 Off-Book AIMX P AIMX
2022-02-23T16:39:44.370 GBX 270 54185 146299.5 Off-Book AIMX P AIMX
2022-02-23T17:33:15.000 GBX 265.792 51538 136983.881 Off-Book XOFF TNCP ECHO
2022-02-23T15:55:36.973 GBX 268.75 50000 134375 Off-Book XPOL P XPOL
2022-02-23T16:39:30.017 GBX 270 43679 117933.3 AT AIMX P ALGO
2022-02-23T11:09:32.297 GBX 266.5 37000 98605 Off-Book AIMX P LRGS AIMX
2022-02-23T17:07:48.453 GBX 270 20000 54000 Off-Book XOFF P ECHO

Nice 'n' steady consolidation today, right up until 1 hour before close when we ticked up nicely.

aimo & dyor

Ukraine is no stranger to cyber-attacks and so a series of strikes on government websites today could normally be diminished and the possible danger they pose shrugged off. But not now, when tensions are this high.

Ukraine hasn’t attributed responsibility for the latest cyber-attack yet, but the hybrid warfare it’s been experiencing since 2014 usually had one country to blame – Russia.

It’s Russia the Ukrainian officials blamed for this year’s attacks, which saw websites of major government institutions and banks go dark.

And Russian IPs were traced by Kyiv's energy companies when Ukraine suffered a power grid hack back in December 2015.

I visited Ukraine’s Centre for Cyber-security last month and was struck by the fact just 19 professionals work there.

Ukraine has other institutions that deal with cyber-security and last month the defence minister announced the formation of cyber forces to fight Russia on every flank. Independent "white hackers" are also already to defend the country.

But if Ukraine wants to have a bigger chance of survival in its battles against Russia’s hacking capabilities, it probably needs to bolster its cybersecurity.

"Ukraine’s Centre for Strategical Communications, which is part of the government, has confirmed with the BBC Ukrainian service that another large-scale cyber-attack is taking place, less than a week since websites were last targetted in a similar attack.

"We’ve not seen something [like this] that’s taken it to a completely different level,” an official told the BBC..."

NBP Fut happy to pop its head above 200p/therm again today .... All it will take is Putin to cut all supplies to EU which will cause absolute mayhem in the gas market for EU and Putin knows this as does the EU/UK, which I'm sure is one main reason why our 'barrage of UK sanctions against Russia' have taken the 'sanctions-lite' option. Putin has the EU in 'check', for the moment. As Sasa mentioned its put " a premium on the appeal of North Sea oil & gas interests.." Firstly though, SQZ needs to consolidate yesterdays gains ready for another move up.

https://www.gov.uk/government/collections/uk-sanctions-on-russia

aimo & dyor

Tuesday: High Volume 2.4m with 72.5% of 1115 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-22T16:35:23.797 GBX 264.5 129342 £342109.59 UT AIMX P
2022-02-22T12:26:40.103 GBX 259.5 71972 186767.34 Off-Book AIMX P AIMX
2022-02-22T11:55:42.697 GBX 259 50000 129500 Off-Book AIMX P LRGS AIMX
2022-02-22T17:16:33.000 GBX 264.5 46456 122876.12 Off-Book XOFF TNCP ECHO
2022-02-22T15:24:24.307 GBX 265 44900 118985 Off-Book AIMX P AIMX
2022-02-22T11:56:30.747 GBX 260 41119 106909.4 Off-Book SINT P LRGS ECHO
2022-02-22T17:58:44.000 GBX 262.795 40626 106763.0967 Off-Book XOFF TNCP ECHO
2022-02-22T13:25:18.257 GBX 259.25 34345 89039.4125 Off-Book AIMX P AIMX
2022-02-22T15:27:52.447 GBX 265 31500 83475 Off-Book AIMX P AIMX
2022-02-22T15:25:40.623 GBX 265 28500 75525 Off-Book AIMX P AIMX
2022-02-22T15:26:16.183 GBX 265.5 25000 66375 Off-Book AIMX P AIMX
2022-02-22T14:40:43.523 GBX 264 25000 66000 Off-Book AIMX P AIMX
2022-02-22T11:05:29.123 GBX 260 25000 65000 Off-Book AIMX P AIMX
2022-02-22T13:14:41.667 GBX 259.5 25000 64875 Off-Book AIMX P AIMX
2022-02-22T09:25:26.270 GBX 258.5 25000 64625 Off-Book AIMX P AIMX
2022-02-22T14:12:08.837 GBX 259.2 19820 51373.44 Off-Book AIMX P AIMX

SD321,

Thanks, good news ... just about to see what the progress ( OR LACK OF) was with NS2 after yesterday.

Should really ensure elevated prices for at least next 12-18 months I would say .... the final commissioning and sign off checks before NS2 could be fully up and running, I've seen as taking around 6 months. So even if they were to reverse and give the go-ahead tomorrow, winter 2022 will be with us before you know it. On for a new ATH in matter of no time, now that would be nice !

aimo & dyor

https://www.ig.com/uk/welcome-page

Yes, futures are up ..... not that it makes much difference.... as they say ‘Anything can happen in the next half-hour’ with Putin.

Are you looking at the right data now Mickey !

DOW up atm 178pt's

atb

Wall Street UP 44pt's atm... Americans love war and aggression so long as they are involved... so sad !

NBP Fut up ~8% ( 187.75p), Brent now $95.40 .... Should give us a bump up, I say should, the way our SP has been moving recently, anyone's guess.

btw, s/b 'support' of course ....

aimo & dyor

Friday: Low Volume 0.76m with 79.2% of 494 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-21T16:35:20.977 GBX 244 63793 £155654.92 UT AIMX P
2022-02-21T08:55:28.467 GBX 246.205 20312 50009.1596 Off-Book AIMX P AIMX

Off to an unusual start to the day with a super long opening auction lasting 5:39 ... never seen one that long before on SQZ.
SP touched once again resistance of lower rising channel, managed to recover throughout the day to flat until last hour when she was dropped again to close down 4.5pt's. NBP finished flat from Friday close at 173p/therm and Brent / WTI went on a run that continued well after LSE closed. Brent currently $95.33.

aimo & dyor

jazbo,

Not sure as to CapEx cost for these interventions .... I have allocated £60m for 2022 CapEx, £45m for N Eigg and £15m, £3m per well intervention.

aimo & dyor

Friday: Low'ish Volume 0.96m with 77.3% of 616 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-18T17:23:29.000 GBX 248.5 73995 £183877.575 Off-Book XOFF TNCP ECHO
2022-02-18T16:35:12.910 GBX 248.5 47771 118710.935 UT AIMX P
2022-02-18T16:23:09.430 GBX 250 24580 61450 AT AIMX P D ALGO
2022-02-18T14:07:13.077 GBX 251.393 20682 51993.10026 Off-Book AIMX P AIMX
2022-02-18T09:50:18.797 GBX 249.5 20682 51601.59 Off-Book AIMX P AIMX
2022-02-18T15:25:40.290 GBX 252 19444 48998.88 Off-Book AIMX P AIMX

Strange day yesterday, first 10 minutes or so set tone for the day when BoT trades took the SP down 6pt's by 8:15am. We had 22 trades with European Venue of publication .... Unusual to see one let alone 22 !! Also had high number of dark pool trades, 55 but relatively low volume of just 101k.... As I said, strange day particularly if you take the Putin factor as being a real threat with NBP ending the day down ~2%. (~173p/therm)

We're still building our massive cash hoard at a rate of ~£1.87m per day, net, with cash and equivalents that now represents circa ~50% of our current MCap (£668m). Come result, mid April, cash would be closer to 65-70% of current MCap. I feel a bit of a 'believe it or not' moment coming on at current SP .... Really unbelievable Mr Market is valuing SQZ boe's reserves est ~54mmboe at little over £6boe (£330m) with production average of 30kboepd net to SQZ , zero debt too. Bruce operator and assets risk now spread across several sites thanks to Columbus / Erskine. Windfall tax in rear-view mirror and fading fast into the distance. Given Ukraine situation, NBP likely for foreseeable to remain well elevated above the normal trading average of 54p/therm. What possibly are we PI's missing ?

aimo & dyor