Member Info for simonm

Obviously another one trying to cast silly statements ;p

best check out the board and do some really investigation about the company...

Think most know where this is heading ;p

heres a link to help

http://www.regalpetroleum.co.uk/board.aspx

Just wondring if regal, have any more SV wells that are suspended on the licence areas like the sv-2 & sv12 were ?

Tried searching for info, but struggled to find anything of worth.

Shame they didnt, also show the cash equivalents from june 30th -19th September increasing ;p =$46.9m.

But then the reporting these days is about the amount and not the fine content.

https://uk.webfg.com/news/aim-bulletin/regal-petroleum--3498893.html

SLA sale to Pheonix has been completed...

Pheonix released annoucement on the 31st August....

http://www.thephoenixgroup.com/~/media/files/p/phoenix-group-v3/attachments/pdf-disclaimer/completion-of-acquisition-of-standard-life-assurance.pdf

Think like most things SLA, takes time for them to sort it out ;p

Fingers crossed this week for news on the time line.

Regal have a cash tree planted somewhere in Ukraine, ROFL
June 2017 = $24.5 Million cash or equivalent
Sept 2017 = $27.0 Million cash or equivalent (Increase $2.5Mil)
Dec 2017 = $14.2 Million cash + $16.0 Million short term investments (Increase $3.2Mil)
Mar 2018 = $20.3 Million cash + $16.0 Million short term investments (Increase $4.1Mil)
June 2018 = $40.0 Million Cash or equivalent (Increase $3.7)
19th September 2018 = $46.90 Million Cash or equivalent (Increase $6.9Mil)

By the end of september looking around the $48 million cash area.. with winter on the way and the increased prices as @ Nickel has said will be well north of $50m by year end if not past the $55m ;p

The Vas-10 hopefully lwill be reworked to the B-16/17 play to give a stable gas output ( nice to have news on this in the october, with some figures in November).

Regal has come a long way from when i first had shares in them in the early 2000,s, and hopefully learned alot from the 2005 mistakes ( which it seems with the way the Vas-10 news has been worded).

Maybe a dividend is something on the way, for a means to return value to Energees Management Ltd. Is that a realistic hope? it would awaken the touch paper on the price if they anounced that one ;p

The next 6 months are going to be very interesting with the cash generation, new well drill Mex 119, work overs, and such. And im hopefull for a nice cold winter in eastern europe ( i love sking, so other reasons too..) to help drive the demand & prices up too :)

Not only are, the shackles hopefully coming of the share price ;p

We also have the shakles coming off the gas supply prices, and some movement with the IMF on prices for the population in the coming years.
http://www.uawire.org/ukraine-and-imf-agree-on-gradual-increase-in-gas-price

Looking at Ukraine, they imported around 5.3 BCM from Europe from january - july. No shortage of demand.

Hoping for an interesting week on the results front :)

May be, we will get an update on future drill plans also?

Looking at why Newmont wanted to be involved, seems a no brainer.. Looking at Orosur website and info around the presentation section is well worth a look.

http://www.orosur.ca/investor-center/presentations

What`s next? Maybe TR1 Document showing the NM holiding....

Any other thoughts?

Not sure when the presentation went live, just carrying out more research and found it here...

http://www.orosur.ca/investor-center/presentations

Also worth looking at the investor centre presentations

http://www.orosur.ca/files/2018-09-11-Sept-2018-Corp-Presentation-FINAL.pdf

Rofl was it 2019 Xmas ;p

Got some car ramps going free to help the cause.

Until news is out for Brockham, its just monitoring the other weald basin areas ;p

Hopefully RNS, info to say that the survey has been completed.

Ensco 72 is stiill in same area, and being supported by Glomar allure.The documents are a bit open ended that due to contractual commitments it may not be the 72...

More likely that the ensco 121 will be used for Wick, and is in port in Dundee ( Info would point to this having 2 single well contracts in place)
https://www.marinetraffic.com/en/ais/details/ships/shipid:755475/mmsi:636015427/imo:9621481/vessel:ENSCO%20121/_:74331bd6d430e8c9c41b40389e8e5668

Just need to keep an eye out, on Fraser Well Management (FWM) who will be managing the drilling of a well ;p

Im sure i saw some where that they would announce which rig would be used 2 months before... last details searching against them shows the following sepa ref.
https://www.sepa.org.uk/media/365888/fraser-well-management-exploration-well-supporting-doc.pdf

Not to long to go ;p

https://www.sepa.org.uk/media/365887/fraser-well-management-exploration-well-response.pdf

Maybe its waiting for the survey ship to press the button on the location ;p

https://www.marinetraffic.com/en/ais/details/ships/shipid:456/mmsi:253596000/imo:9285586/vessel:GEO_OCEAN_III/_:74331bd6d430e8c9c41b40389e8e5668

Morning All,
Interesting read on the Gas prices front, gives people an idea of the current market demands and movements on the way.
https://oilprice.com/Energy/Energy-General/Europes-Natural-Gas-Prices-Surge-To-Record-For-Summer-Season.html

Getting rid of Coal and moving from Nuclear, towards a more green sourcing ideology = positive effect on Gas prices ;p
( Roll on the cold winter effect ;p)

The current long term push to move from Derv / petrol to Electric cars, moves the requirement from the pumps to the PLUG SOCKETS...
Wind, solar dont work all the time ;p = Gas will be the main back up, to power the powerstations.

Interesting times ahead :)

Evening all,

No real changes on the rig fronts, Ensco 121 is still @ port in Dundee
https://www.marinetraffic.com/en/ais/home/centerx:-2.919/centery:56.466/zoom:14

Ensco 72, Ben nevis has left.. Still have highland princess in the area along with Glomar Commander

https://www.marinetraffic.com/en/ais/home/centerx:2.469/centery:53.110/zoom:13

Evening @ Reggie

The ensco 72 & 121 are proper rigs ;p
https://www.marinetraffic.com/en/photos/of/ships/shipid:900001/shipname:ENSCO%2072/mmsi:-8750338

https://www.marinetraffic.com/en/photos/of/ships/shipid:755475/shipname:ENSCO%20121/#forward

Iposted this previously about Regal and the RNS info that can be found;p The value on this company is to cheap....

Look at the posiitons below :D

June 2017 = $24.5 Million cash or equivalent
Sept 2017 = $27.0 Million cash or equivalent
Dec 2017 = $14.2 Million cash + $16.0 Million short term investments
Mar 2018 = $20.3 Million cash + $16.0 Million short term investments
June 2018 = $40.0 Million Cash or equivalent

Information released in the July 4th RNS shows the improvements regal have made from 2017 ;p

Average daily production of gas, condensate and LPG from the MEX-GOL and SV fields for the period from 1 April 2018 to 30 June 2018 was 281,599 m3/d of gas, 55.4 m3/d of condensate and 27.5 m3/d of LPG (2,220 boepd in aggregate)(Q2 2017: 136,844 m3/d of gas, 38.0 m3/d of condensate and 20.4 m3/d of LPG (1,179 boepd in aggregate)).

We have a new 24.4% shareholder returning for a second visit & something has tempted that second bite of the cherry for Victor Pinchuk.

Could it be the SV-12 work over well, which we have now earned an equal net profit sharing arrangement for( Worth a shared 125m3/d of gas,40 tonnes/d of condensate).

Likely that we wont know the full impact of the SV-12 well in the Interim results. Should be a pretty hefty kick up in figures when we do.

@ Findme, Dont forget the June 2018 = $40.0 Million Cash or equivalent.

And the increased revenue from the shared sv-12 well ;p

Also the fact that if a cold winter is on the way, the gas will only move one way :)

No change on the positions for Ensco 72 or 121
https://www.marinetraffic.com/en/ais/home/centerx:2.455/centery:53.089/zoom:12

https://www.marinetraffic.com/en/ais/home/centerx:-2.919/centery:56.466/zoom:14