Member Info for oldholder

" They will earn another $6 mn in Q1 and spend what they earned during the winter period on their next well. Result - cash unchanged, production flat (if they are lucky) or down"

Two things about abovementioned :

cash :
1-1-2021 61$ml vs 1-1-2018 30,25$ ml this if iam not wrong means double in 3 years

production
2017 2.278boepd 2020 4.541boepd that means with 1 spud / year the production is double.

Keep in mind what else is coming if the 1) oil price up 2) NG price up 3) investment for aquisition or one more spud (because the money are in cash and not needed to borrow) 4) more work overs in existed wells (because AGAIN the money are in cash and not needed to borrow)5)COVID passed due to the vaccines and economic risks ....etc.

brent medium price NG COND. LPG
2016 43,67 213 51 43
2017 54,25 241 67 56
2018 71,34 312 72 64
2019 64,30 219 58 55
2020 41,01 139 42 40

We assume that the price of NG remains the same all the year of 2020 even is not correct -because as seen will be bigger than H1 - for current calculations purposes of the comparison .

So we can realise for the year 2020 prices in comparison with the years 2016-2017-2018-2019 as bellow :

brent NG COND. LPG
2016 -6,09% -34,74% -17,65% -6,98%
2017 -24,41% -42,32% -37 ,31% -28,57%
2018 -73,96% -124,46% -71,43% -60,00%
2019 -56,79% -57,55% -38,10% -37,50%

Conclusions:
1. The prices for the year 2020-even will be H2>H1- I anticipate a 10% higher , were very low .
2. There is no any proportionality between the years specifically the NG.
3. Check the NG prices in 2017 and 2019 : As seen prices of brent go up and prices of NG go down.
4. As seen the prices (brent vs NG) -until now in Ukraine- are not dependent each other.
5. The results for me , are excellent due to the lowest price in 5 years -perhaps longer.
6. Even though the situation was very bad (covid,prices) enw has obtained to maintain the cash that had in 1-1-2020 with only 2$ ml less .

WELLS RESULTES AFTER :

22/5/2020 0:00 SV-54 7 months & 5 days
8/10/2019 0:00 MEX-119 7 months & 15 days
26/7/2018 0:00 VAS-10 4 months & 12 days
23/5/2017 0:00 MEX-109 10 months
21/2/2013 0:00 SV-59 12 months

As observed ENW completes 1 spud in each year.

With this motive enw has an increase of boepd year by year as follows:

years 2016 2017 2018 2019 2020
medium 1.395 2.278 3.385 4.261 4.541

CASH IN $ IN THE LAST 6 YEARS

1/10/2020 $55,700,000
1/7/2020 $54,200,000
1/4/2020 $55,500,000
1/1/2020 $63,000,000
1/10/2019 $60,200,000
1/7/2019 $67,900,000
1/4/2019 $62,500,000
1/1/2019 $53,300,000
1/10/2018 NO INFORMATION
1/7/2018 $40,000,000
1/4/2018 NO INFORMATION
1/1/2018 $30,249,000
1/10/2017 NO INFORMATION
1/7/2017 $24,480,000
1/4/2017 NO INFORMATION
1/1/2017 $19,966,000
1/10/2016 NO INFORMATION
1/7/2016 NO INFORMATION
1/4/2016 NO INFORMATION
1/1/2016 $32,987,000
1/10/2015 NO INFORMATION
1/7/2015 NO INFORMATION
1/4/2015 NO INFORMATION
1/1/2015 $31,836,000

Historically the ENW's RNS never on Monday except something suddenness.

QUIZ: How much money in cash at 31 December 2020 ?

I anticipate 57,2 $ according to the new Ukraine Update on Tuesday 12.

Someone with other prediction?

Production Cost
$ per BOE
14.4
Incl. production taxes, net of DD&A
according the official sight of ENWELL

Get ready the next week the price will be 17-18p.
With 700,000 shares sold 0.2pc of the TOTAL (320,000,000) in the last FIVE DAYS the price down 13.6pc.
This is a casino share.
How many investors - except ENERGEES and POPE - have remained in this share since 2011 .
To be optimistic I think < 100 and from them only 15 -30 stil active....

3 things which can change dramaticaly the share price value in the near future:

1) 12/03/2019 14:38 VAS Licence Order
What about with this? 2 years after is yet to be resolved?

2) 15/07/2020 14:18 Spud of SV-25 Well
Results due to Feb. perhaps earlier?

3) 23/11/2020 11:40 Arkona Acquisition - Legal Dispute
See 1st in order to estimate when this issue can be resolved...

Or increasing the capital share by editing new shares in favor of new share holders and decreasing the allotment of energees...

What kind of transaction is this with only 10 shares and value of 2.12 £?

Who can make these things?

Are MM or something else.I observe that this happens the last month.

What it means?

Changed something as transactions go with a lot very small quantity each shares?I've never seen such before.

Bought 4000 at 20,8180 first time since 2012

Perhaps they have intention t? play in a new role apart from petroleum (but at least included) like renewable ie wind, voltaic etc.?
For this reason they want to delete the "petroleum" from the title using a new name though...

https://www.ukrnafta.com/en/ukrnafta-points-out-to-regal-petroleum-the-corruption-risks-related-to-acquiring-arkona-gas-energy

Date Product Value Price, USD with VAT Deviation, %
29.10.2019 Natural gas 17 000,00 thousand cub. m 242,64 +15,93%
23.10.2019 300,00 thousand cub. m 210,11
So ,the price is coming back - slow-to the normal level.

Its a record guinnes - negative-!!!
20m per day!
lol

There is not logic with this share :
Year 2011 price for the take over was 38p and daily production 1945 boepd.
Today 2019 the price is 33-35 p and daily production 4000-5000(today) boepd.
Plus 60mil$.
It's crazy!
For what progres we can talk?
Or something else plays hear!
Something smell very bad here.
After all , they must give some divident to the share holders if they want to do fair and been appreciated by all us.

As seen from Regal's RNS of the last years , Regal didn't have a broker since many years ago
2014
For further information, please contact:
Regal Petroleum plc Tel: 020 3427 3550
Keith Henry, Chairman
Sergii Glazunov, Director
Strand Hanson Limited Tel: 020 7409 3494
Rory Murphy / Richard Tulloch
Citigate Dewe Rogerson Tel: 020 7638 9571
Martin Jackson / Shabnam Bashir

and today:
For further information, please contact:

Regal Petroleum plc
Tel: 020 3427 3550
Chris Hopkinson, Chairman

Sergii Glazunov, Chief Executive Officer

Bruce Burrows, Finance Director

Strand Hanson Limited
Tel: 020 7409 3494
Rory Murphy / Richard Tulloch



Arden Partners plc
Tel: 020 7614 5900
Ruari McGirr / Dan Gee-Summons (Corporate Finance)

Simon Johnson (Corporate Broking)



Citigate Dewe Rogerson
Tel: 020 7638 9571
Louise Mason-Rutherford / Nick Hayns / Elizabeth Kittle

An IPO coming soon with the new appointed broker ?