Member Info for tonynorstrom1

If you scroll up and down on the link below - some good stuff on gas production/LNG/Montney.

So not one of the top 5 gas producers but certainly on the radar of the Royal Bank of Canada - spot the logo !

https://twitter.com/BubleQe/status/1711811012738121863

Louis10/omj,

18 posts on the PANR message board yesterday - I think only 1 on topic, the other 17 on how many followers Jim has or arguing with other posters about Jim.

10 posts on this BB yesterday - pretty much the same as the above.

A pretty sad state of affairs hey Jim - not what one would expect from someone promoting themselves as an Oil Industry Insider / expert.

Anyway - no more talk of Jim from me this week - its toxic - does David Hobbs really want to get mixed up with this ?

Not pretending anything Louis. I think the point is that “paid” subscriptions is a lot more significant than views/ followers and Jim only has about 200 paid subscription - not a lot for someone that claims to has been in the industry since the 80’s.. Views or followers - you can pay for those on Twitter (and I suspect on substack Also). So what do your numbers prove - not a lot I suspect. Any why are you so keen to big Jim up?

Louis - it’s you distorting - it’s 200 as littledog pointed out and not “hundreds”. Technically I guess 200 hundred is hundreds but it’s quite obvious to everyone that you are trying to hype OMJ’s numbers - why you are doing this is probably equally obvious to posters here.

Anyway - back to PANR - GLA and look forward to the results of testing.

Do you have the link Nomad?

What does the chart tell you Stas on i3e - where are we heading?

Nice to see AECO move up sharply yesterday. I know it doesn't even get us back to i3e's budget assumptions, but moving in the right direction and we're in the right time of year for it to move higher.

Also the hedges are in the money so have provided a little cushion for the recent weakness.

I see no reason for i3e not to issue the Q3 update - surely not much to write about in Q3 so should not take too long. Perhaps waiting to kick off the planning for Q4 drill program - I see no licence applications yet so its going to be a late program ! Cash is building nicely and debt being paid down - just need some good news for the SP to kick on

https://twitter.com/eri****tall/status/1711803316047368315

some interesting tweets from eric nuttall the last couple of days - well worth a read. above link is to a podcast he is giving this afternoon - gives you the opportunity to post in a question. i posted in a couple:

1) thoughts on i3e ? i3e remains too small for him to cover / be interested in but if enough people ask the question - he may comment.

2) any plans to get his ninepoint energy fund onto uk platforms. i would certainly consider investing if the fund was available. canada offers some of the best opportunities in oil and gas and all within a relatively stable environment.

I sent an email to Europa and got a response:

1) on the subject of Serenity - i3e/europa are looking to pick up the Tain Licence

2) Recent meetings in Ireland with Government Officials were positive but unable to comment on them at this time

3) I asked about the status of the Micro turbines (gas to wire) - but the question was mistaken for the turbines used for site power. Anyone have information on these - this little project is proceeding at snails pace. Did I miss an update - what is the status here?

"..please tell me what other reference points are there for these shares"

there is a dearth of worthwhile commentary in the UK but Malcy is probably the pick of a poor bunch. Investors Chronical & Motley Fool ocassionally cover Oilers and when they do they are generally well worth a read. If your talking about Canadian Oilers including i3e then Shubham Garg, Eric Nuttall & Rockcreekfreak are head and shoulders above anything here - I hope that helps - have a read when you get a chance and you'll probably come to the conclusion that jim is winging it like the rest of us.

This is what you posted on this BB , 5th July 14.22.

"People are starting to learn what a death spiral is. Remember how they laughed at Jim."

yes we remember Jim and were still laughing at you!

This is what you posted on the PANR BB , 5th July 14.22.

"People are starting to learn what a death spiral is. Remember how they laughed at Jim."

yes we remember Jim and were still laughing at you!

Someone here a short while back was asking about reserves and how they are calculated / credited. Attached link to an excellent podcast from @rockcreekfreak. Worth looking him up on twitter - very knowledgeable on all things Canadian Oil & Gas:

https://ds2112.substack.com/p/reserves-evaluation-of-canadian-og#details

"chance of geological success" - previously I recall Europa touting a 1 in 3 chance of success. In the recent interview and in response to a question - he responded that the new seismic interpretation has improved the COS from 1 in 4 to 1 in 3.

I don't know whether he misspoke or whether COS remains the same ?

Did anyone email the Company and find out how the CEO's meeting went with Ryan ?

Thanks Jim - shouldn't you be writing Sundays blog already?

Good post Joe - not everyone is playing the same game - particularly big operators v small operators.

the big operators often have assets in multiple geographies and have many options.

It is an interesting question though why Repsol were not able to sell Tain - it has reserves and an approved FDP !

Dartron,

I did refer to “some” of the similarities / differences I.e. not a comprehensive list but I agree that the ability to go short is a major difference.

I don’t think in this case the Investor has gone short but as you say - you cannot determine from the TR-1.

I don’t agree however, owning shares demonstrates more commitment - just as easy to buy or sell a share as it is a CFD for larger / more sophisticated investors. The name of the game is to make money and not have a share certificate to hand on the wall.

With regards to Polus intentions - hard to say - it might be for the voting rights - be interesting to go back and see when they took on board the majority of the CFD’s.

Interesting little research piece from from SP Angel this morning

I3 Energy (I3E LN) 13.6p, Market Cap £164m: Serenity Update:

• I3 announced that the UK P983 licence containing the 2005 Tain discovery (previously held 50:50 by Rockrose Energy and Repsol-Sinopec) has lapsed and that the Tain acreage is therefore available to be re-licenced.The prior Tain licensees had proposed a 10mb development plan concept that included two deviated production wells, with peak production of 8kb/d routed to the Bleo Holm FPSO via a new 19km pipeline.

• I3 has been working for some time to advance a solution based on a Serenity (80% WI) unification agreement with the Tain field but made little progress as the prior owners were unable to approve the additional investment.

• With the acreage now unlicenced, i3 and its partner in the Serenity field, Europa Oil and Gas (EOG LN), plan to commence discussions on development options with the NSTA and other interested parties.

While the abandonment of the proposed Tain development by Repsol-Sinopec is disappointing, we would anticipate that the previous owners would have had a significantly higher bar to project materiality than i3 and Europa, which remain convinced of the commercial potential of a unitised development with the Serenity discovery that would involve a tie-back to existing infrastructure at the producing Blake field.

We expect the partners to look to be awarded the now unlicenced acreage and to advance a combined development solution for the Blake / Tain / Serenity area.