Member Info for oldtramp

Great find chilting looks like it has been accepted for phase 1 trial which I guess will include government funding ?

Hi Radius don’t think we need luck on the results guessing they will be on par with the last financial update
However an update on company activity along certain new aspects of the company would be much appreciated ? Well for me anyway have a great weekend all.

HI Truro guess we will find out soon as it is very hard to get any info from normal research areas
best of luck to all invested in TPG

This video from yesterday is worth a watch
https://mobile.twitter.com/DefenceHQ/status/1394985580208037895

Nice late recorded buy £ 143,849.25
https://www.londonstockexchange.com/stock/INFA/infrastrata-plc/company-page

This could be good news for INFA if it comes off

https://renews.biz/69500/government-urged-to-use-offshore-subsidies-to-create-jobs/

Good evening gents apologies for re posting this again but it is very interesting regarding gov debate on Hydrogen storage at Islandmagee which could include just hydrogen or a mix with NG from what i can find there is no other potential salt caverns in Northern Ireland that can store hydrogen if you couple that with the offshore/onshore wind to produce Hydrogen in a green way it is more than interesting friends of the earth and many others are very much into green hydrogen
https://committees.parliament.uk/writtenevidence/20907/pdf/

How good is that good find Jabido
https://twitter.com/ClarenceHouse/status/1394673147400556558

https://www.google.com/amp/s/www.irishtimes.com/business/transport-and-tourism/stena-line-stops-sailings-on-rosslare-fishguard-route-for-vessel-repairs-1.4567807%3fmode=amp

Hi Truro have to admit i was all for selling marine as i thought the other other parts of TPG Along with a cash injection would be a good thing
However after loads of research and reading reports like this
https://www.defensenews.com/global/europe/2021/03/23/new-uk-naval-shipbuilding-strategy-prizes-keeping-foreign-yards-out/
I know see the future of maritime
with huge potential for the UK
GLA OT

My ii account showing final results due this Friday 21ST should be interesting

Thanks for your reply NigelHaemoglobin have to agree on relevant components which would make more sense to use the project as a trial for Hydrogen storage and get it right in the 1st place ? As for long way in future probably not as in Scotland and other parts of the UK they have hydrogen buses and Hydrogen trains etc being built (i have interests in other hydrogen companies) and storage is high on the agenda of requirements along with the offshore wind farms to produce the energy required to produce Hydrogen
Must add my reason for investment in INFA was for the ship building and providing jobs for an important industry for the UK which has been in decline for years looking into Islandmagee gas storage facility has been a big plus for me
Just like to add thanks to all the informative members on here for your posts they are much appreciated
GLA OT

Many thanks for your reply stokey12 that was the impression i initially had however that written evidence implies that INFA would like the UK gov to use Islandmagee as a trial Hydrogen storage solution would you agree ?

New to this share been looking into Islandmagee gas storage facility do we know if the planning application is for natural gas or hydrogen? Came across Islandmagee gas storage facility and Hydrogen being discussed by parliament committee Jan 21 which would tie in my post of 07.56
Many thanks in advance OT
https://committees.parliament.uk/writtenevidence/20907/pdf/

y

Not sure if you have seen this on BBC last month it features H&W Belfast at about 30 mins in good insight

https://www.bbc.co.uk/iplayer/episode/m000vl0s/dom-digs-in-series-1-1-ferries

Apologies if this has been posted before
“ The Islandmagee facility available near Larne in NI can be used to facilitate the migration away from NG towards hydrogen and the eventual operational support of an all-island hydrogen grid. This facility can also be used as a hub for hydrogen for mobility applications. This dual use suggests that any future hydrogen plan should be centred on maximising the exploitation of this resource. Connection via gas grid interconnectors will act in a similar way to how they do today for NG, as the UK system has a network of NG storage caverns – which will also likely be migrated to hydrogen over time. This is the only such facility on the island of Ireland and therefore it should be an area of focus for any future hydrogen implementation plans.”

https://reglobal.co/hydrogen-exploring-opportunities-in-the-northern-ireland-energy-transition/

Serinus Energy*

Q1 2021 results

Serinus has released its Q1 2021 results. These report Q1 2021 production of 2.1mboe/d (1.5mboe/d from Romania and 0.6mboe/d from Tunisia), compared with the reported December 2020 average rate of 2.1mboe/d (1.6mboe/d from Romania and 0.5mboe/d from Tunisia). The Q1 2021 production performance reflects the M-1008 well which came onstream in Romania in February 2021 (in part countered by reservoir management actions elsewhere at Moftinu), alongside the benefit from the workovers carried out at the Chouech Es Saida field in Tunisia in December 2020 (the positive production gains from which are still coming through), coupled with natural production declines in Romania. March 2021 average and exit rate production was 2.2mboe/d.
This compares with our full year 2021 production forecast of 2.5mboe/d. While our forecast now looks relatively full, there are several factors that could still allow Serinus to achieve this. First, the new ESPs installed as part of the workover programme at Chouech Es Saida continue to drive increases in oil production as they help reduce water cut. Second, the Moftinu compression programme planned to be implemented this year should help significantly arrest declines from this field. Third, the first Sabria ESP installation is to be implemented during H2 in the W1 well, and this is prognosed to potentially add c.800boe/d of gross production (Serinus 45%). On this basis, we are leaving our 2021 production forecast unchanged at present, but await further news on all of these elements.
Revenues for Q1 2021 are reported at US$7.6m, based on realised oil prices of US$54/boe and realised Romania gas prices of US$5.9/boe. Revenues reflect the recovery in particularly oil prices seen since the beginning of 2020, alongside production levels achieved. This compares with our unchanged US$35.7m full year 2021 revenue forecast, relatively conservative US$50/bbl 2021 Brent assumption and US$5.2/mcf 2021 Romania gas price assumption.
Continued on next page/


Buy

Target Price: 6.4p
SENX.L
Current Price: 3.2p

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Not invested here yet but came across this from Arden anyone know why the Target price is so much higher than sp ?
https://research.arden-partners.com/portal/portal.html tv

Found this posted on linked
5 hours ago
"Here at TP Group we are going through a fantastic period of growth, especially in tpg maritime in Portsmouth. At this site we have some exciting opportunities across our engineering team. These include: Production Supervisor, Systems Engineer, Mechanical / Pipefitting Technician, as well as a position of Head of Key Accounts. If you are interested in hearing more about these opportunities please go to Vacancies - TP Group Global #engineering #hiring #engineeringjobs #tpgroup"

Lots of potential revealed but bit of a lacklustre presentation