Ripley94
08 Apr 2018
Re: Question Peel Hunt pick for value 2018 ( 0ne of ten )
Contrariwise
27 Mar 2018
What happened to the 100k bpd? What is primarily noticeable about todays results is the downgrading of the future production schedule. A look back at the 2016 annual report shows expected 2018 production of 50-80k bpd, 2019 80-100k, 2020 100k. Now the expectations are much lower
roduction schedule Based on the current drilling programme stated above and taking into account the current oil price, we can provide the following production guidance. Should oil prices deviate materially, the production guidance will be updated accordingly: · 2018 - Management estimates production will be flat over the year at around 37,000 boepd, taking into account the time it will take (three months) to bring the two new production wells currently being drilled online, in addition to the three-week shutdown required to link GTU1&2 to GTU3 in Q2 2018· 2019 - Ryder Scott guidance assumes average production of 56,087 boepd· 2020 - Ryder Scott guidance assumes average production of 68,211 boepd· 2021 - Increasing the rig count to six at the field site to build production towards filling capacity beyond 2021GTU3 should be completed next month and give NOG the capacity to produce 100,000 bpd, but the company will not be utilising that full capacity. No explanation for the downgrade in expected production profile as far as I can see. Disappointing.
Contrariwise
19 Dec 2017
Bad few days This seems to be an annual occurrence. I have topped up at £3. In the year since I last posted about "a bad few days" there have been a total of 3 posts on this BB. Hope the lack of interest is a good sign. Last year I sold out at £4.8 before buying back in at a start of £3.70. Hope to repeat.
Vince Elliott
11 Dec 2017
Holding Entry to FTSE 250 did not do much for the company, I wonder whether the investment by Trafigura will raise some interest.
Ripley94
19 Oct 2017
Re: Question This seems to of been about since at least 2008.Sept 14 admission to Ft 250.Made offer for Tethys august 2015.Was 240p 11/04/16.
II Editor
06 Jan 2017
NEW ARTICLE: Share of the week: Best performer of 2017, so far " After three years of hard graft, LSE:NOG:Nostrum Oil & Gas is finally close to finishing work on its gas treatment facility in north Kazakhstan. With production and cash flow set to surge, the FTSE 250 newbie could become one of the largest ..."[link]
Contrariwise
17 Dec 2016
Bad few days Anyone know why Nostrum is falling while the rest of the sector rises?
Simbrad
25 May 2016
"1Q16 Financials are broadly in line and operations are on track. Among the larger UK listed E&Ps, Nostrum is one of the few names still offering upside on our commodity price deck. 1Q16 Production stood at 38,754 boe/d as previously reported and FY16 Production guidance of 40 mboe/d remains unchanged. The Construction of GTU III remains on track for completion in 2017. 1Q16 Opex now stand at US$3.5/boe. Net Cash Flow from operating activities over the period was US$27.0 mm. Excluding changes in working capital takes that number to US$38.3 mm, not very far from our forecasts of US$43 mm..." FirstEnergy published a new note on Nostrum this morning, you can access it on Research Tree
flipdalid
02 Apr 2016
Broker forecast 31/3 NOG doesn't receive much in the way of broker coverage, this is the first broker note in 2016 I think. Treat with caution..Broker Forecast - Panmure Gordon issues a broker note on Nostrum Oil & Gas Plc Ord 1pPanmure Gordon today reaffirms its buy investment rating on Nostrum Oil & Gas Plc Ord 1p (LON:NOG) and cut its price target to 400p (from 550p).
dazah
30 Mar 2016
Ouch net debt Increased by over 31%No dividend.These are only the takeaways you need to know!NOG is now looking much more riskier plenty more downside imo.
flipdalid
04 Mar 2016
anyone there...? never heard of Nostrum until their aborted bid for Tethys last year, but have followed since then. SP has been slow to bounce back in comparison to others, looks good for a run-up to over 300p in the next few weeks to me.
mcescher
29 Jul 2015
Interesting infographic report on NOG With a PE of 10.5x this report is showing Nostrum Oil & Gas as potentially undervalued: [link]
