Member Info for Yanis2005

SelfishMcNimby, I know but I am expecting them to now know when spud is going to happen - 10 days away from the contracted end date.

What could be holding them? I don’t know, does anybody else have an idea of what the reason could be?

If Serenity spud is on the 10th, is disappointing that we did not get an RNS.

In any case, the spud, contractually, must happen by the 15th - what is I3E/EOG playing at?

BV, there are two kinds of flow rates - those for process control (normal plant operation) and those for custody measurements (export).

Custody measurement accuracy is much higher than process control accuracy. Custody measurement is done by the flow meter skid and that is what is exported to the grid.

The individual wells have process control flowmeters on the flow lines to the separator, so the well flow rate is measured individually but is not to custody accuracy.

The flow we’ll hear about is going to be the combined flow (custody measurement at export line)

It looks to me as if the MMs are fishing for shares now

Bid 2.10p —- Ask 2.20p

But 500,000 at 2.245 above ask
Sell 500,000 at 2.175 above mid-spread

They are not having mine :)

Lemonleaf, I agree - the RNS should land by Monday morning :)

Hard to predict what the stabilised flow will be but since the first well produced instantaneous flows in excess of 5 MMSCFD I expect the combined stabilised flow from both wells to exceed 5 MMSCFD, buckle up:)

We have seen the bottom - is up from here.

The pullback opportunity is coming to an end in my opinion.

Next chapter is news of more sales nominations this week.

And, possibly volume/flowrates from both wells, but I can wait until next week for these as I am expecting them to exceed expectations.

JohnHenry, if you think that the SP is going to drop down to 1.925p then dream on.

Most of the sort term traders and sell the news brigade are already out IMO. The big move is yet to come. Remember last Thursday RNS … well B2 flowed at more than 5 mmSCFD? Add the second well …

We are not likely to go up significantly from here until the flow rates are known. Today’s RNS was a little economical with the facts - we don’t even know if the second well is on line.

Hopefully, we’ll know flowrates and volumes (from both wells) this week.

I expect the flowrates to exceed expectations and holding tight on my shares. Good luck to all.

BV, next stop 2.83p … then 4.10p … then … we’ll look art the chart again :)

Have I missed the RNS?

Bid jumped to 2.55p, Ask 2.60p

Hold on to your hats …

Geeman, nothing we don’t already know - EVE is up for sale.

We have to wait for the EVE RNS, hopefully soon and hopefully a buyer is found.

Morning all, looks like tree shake is over.

JH, gaps are good places to look for on a chart but support and resistance levels are equally important. The last resistance (now support) was at 2.075p. We are now well above that … we are heading for 2.825 and higher.

Mid-morning RNS? If it arrives with the expected flows it will get us straight up to the higher resistance at 4.10p! Hold on to your hats and good luck.

Tacuma, that is interesting …

“It is understood the executives also put forward a case that further exploration in the Corrib REGION using two existing licences could extend the field for another 20 or even 30 years. The Government has banned licences for new gas exploration, but existing ones can still be activated”

I wonder why they said “Corrib region” and not “Corrib field” - is our Inishkea license in the Corrib region? We are next to the Corrib field.

SP advance is extremely slow and frustrating … we were at 3.7p before the Serenity deal, but …

— the fundamentals are great, one of the best AIM stocks to hold - generating cash, debt free, lots of assets from exploration to production.

— technicals look great, the SP broke out of range, is slowly creeping up and the pattern is congested. Similar patterns saw the SP exploding by multiples to the upside.

All we need is the spark to bring the volume. Patience and spark will arrive. Spud RNS is imminent.

Bid 2.25p —— Ask 2.30p

18 mil shares (£490.1k) at 2.28p —- is a Buy!

Looking forward to tomorrow …

BV, that is £409.5k … what do they know?

We are still churning a lot of placing shares that is why we crawling up, 6.4 mil shares this morning and we haven’t even added 0.1p.

Hopefully this will change soon as we are way undervalued. Need some good news to pump the volume up and looks like good news are on the way, we need patience.

Thanks Nicki, good luck to all of us.

The next RNS could really switch on the afterburners on this one. With the second well switched on the combined flow could well exceed the 5 MMSCFD stable flow … and then the sidetrack!

RNS fingers crossed today or tomorrow.

Phil, the targets are through charts, the rise is down to gas.