Member Info for oldholder

OfficerFigby thanks
The below text is extracted from fca rules chapter 9 about the shares in public hands
Where the FCA has modified ¦ LR 6.14.1R to accept a percentage lower than 25% on the basis that the market will operate properly with a lower percentage, but the FCA considers that in practice the market for the shares is not operating properly, the FCA may revoke the modification in accordance with ¦ LR 1.2.1 R (4).

I think the delisting of enw it is not the case .If Novisky had the intention to delist the company he has had many times to proceed with this but not.
Something else is in his mind.Because enw is his “child “ and not gives even one penny to anyone having more than 80%.
I believe that enw never delist from aim .

Florence141414
No becuse it is posible the institutions like Eclairs Group Ltd 47,287,027 shares 27.54% or Bridgewater Holdings Corp. 34,288,253 shares 19.97% or the rest of them as Neptune Invest & Finance Corp , Keyhall Holding Ltd and Interneft Ltd to sell their shares

Do they know something the boys from Ukraine about the quality and quantity of the tests ie. is an inside information?
Or is approaching something else ie. new acquisition or merger?

I dare to predict that perhaps we’ll have results very soon -even today- due to the strong volume?

Just another boring day .Let’s see when due the imminent test results.
I expect no bad news because in my opinion the significant delay ( > 50 days for test is a long time) rather to good news means.

The duration of the SV-29 drill is 7 months and 3 weeks.
The spud was approx.on 25th February.

The last three drils in the SV area :
SV-25 7 months & 10 days 452 boepd
SV-54 7 months & 5 days 565 boepd
SV-59 12 months 154 boepd
avg : 306 boepd
As seen from the above the duration is inversely proportional to the production boepd.
I hope to be wrong though.
AND workovers:
SV-6 Workover 394 boepd
SV-12 Workover 883 boepd
Better situation!

At least , it's needed for someone to calculate the revenues from this production imo.

The yesterday's RNS lacks information about average condensate price ($/bbl) in Russia.
They have only for gas.

JKX has cash but not has any intention to give a divi
The reason is that accumulating money to make new drills.
The wells are going very soon in deeply depletion.
ENW has understood this very early as seen by moving forward to increase the mcm/day with consumption of profits and acquire new fields like Arcona.

Hi straycat,
according to the last interim results Enwell seems to care to do the job -drills-in Ukraine by spent the earnings to capex.
I don't know how far can go but my question is why they don't take money from the bank - this period the rates are very low- instead of the earnings.
Of course they say that have zero debt but for me as i see this it's not taken in consideration by the market.
For me this thing appears very strange.There is something that we don't know ?
As for the price of the share , it depends on the results of the SV29. A flow, imo, => 1000mcm/day can change the game for the rest of 2021 , otherwise a flow circa 400- 500 mcm/day will have a small or nothing impact to share , as happened always in the past.

Hi straycat,
Enwell having PWC as auditor ,IMO, wants to demonstrate that the financial sheets are accurate and for this reason no use a "second"class auditor.
I don't believe PWC is so naive ... and risk their reputation .

PWC is an expensive cost auditor and they don't risk their reputation especially with so small clients like Enwell.
IMO , Enwell would have appoached a second class auditor to make fake works...

Hi Krok, two observations

you wrote

3) Capex is likely one of the ways to get cash out of the company by the shareholder. Hence, no need for dividend,
BUT the auditor is PriceWaterHouse Coopers one of the big three in the world.

4) Sales do not increase proportionally to the gas prices. All gas is sold via Smart Energy. Probably, another source to get money outside of the company. Even less need for the divi,

BUT JKX sell the gas at $232/MCM instead of Enwell sell at $249/Mm3.

Hey Krok, instead of self finance they can go to the bank to try to raise the finance ,they need for the investment.
Or make a mixing.
There is not in economic universe a “serious company “ with no bank loan.

It is a significant - as usual in the majority announcements of the company- delay re the SV’s results.I hope to be for good reasons …or …no?

December 2018 11.736,40 December 2021 11.736,40 0%November 2018 12.062,83 November 2021 12.062,83 0%October 2018 12.385,83 October 2021 12.385,83 0%September 2018 11.389,95 September 2021 18.360,00 61%August 2018 9.786,37 August 2021 15.667,60 60%July 2018 9.589,67 July 2021 12.987,06 35%June 2018 9.304,39 June 2021 10.757,73 16%May 2018 9.007,57 May 2021 9.301,22 3%April 2018 8.647,78 April 2021 8.098,53 -6%March 2018 8.305,96 March 2021 7.549,69 -9%February 2018 9.159,13 February 2021 8.177,84 -11%January 2018 9.683,94 January 2021 7.924,65 -18% AVERAGE I?CREASE FOR 2021 : 11% !!!For the abovementioned study we take the same price for the rest of the year as exactly they were in 2018.That means an average price of $346/Mm3 ($312/Mm3 2018) for 5,000 boepd (3,391 boepd 2018) and more than $100,000,000 revenue - $35,000,000 earnings for the current year. Not bad I think...

I expect by next Friday the news for SV-29.I’d like to believe this time we’ll have an amount of =>1,000 boepd.
The interim results due in 3 weeks also with record price for gas > since 2018.
So the share price has no other way except to go north.Enjoy the ride.

I am glad to see Enwell to be atractive by FT according to:
https://www.investorschronicle.co.uk/alpha/2021/07/15/ask-the-right-questions-of-quality-aim-shares/