The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
SOmeone posted that 70 pence was coming and I nearly panicked and sold.
Price already down before the trade starts
Any idea?
What are we expecting here? I hear about some court hearing on Monday
I showed the last RNS to a friend of mine who works as a Petroleum Engineer, with vast experience. He said the report is good, but he said ultimately it is about profitability. What is the cost of production per barrel and how deep they have to drill?
Does anyone know this info?
https://www.youtube.com/watch?v=Mtf-OpR-OZE&feature=youtu.be
Is this why it's firing?
How do you know "very few shares are on free float" - where do you get that info from?
"West Phoenix commencement of Equinor's operated 4 well drill programme, which includes Verbier, is imminent."
Anyone here know when is this likely to happen? I assume this is another area not covered by P.2170 License
Where is the Cortina?
Verbier appraisal well currently scheduled to be drilled in mid to late Q4 2018. - This is still on time despite speculations of delay.
West Phoenix commencement of Equinor's operated 4 well drill programme, which includes Verbier, is imminent. -
This should push the SP above 200 again and hopefully stay above that
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Company's share of costs relating to the P2170 licence area is estimated to be in the upper end of the £9-11m guidance range although only £7-8m of this is now expected to be incurred in 2018.
Lower cost means higher profit
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Delivery of a fast track processed 3D seismic dataset volume from the 2018 PGS survey, that overlays Verbier and Cortina, is scheduled for delivery in December 2018.
By December we will have a good idea about the size of the this.
Delivery of the final imaged data from the 3D seismic survey is expected in Q2 2019.