Posts: 804
Threads: 126
Joined: Jun 2012
Reputation:
169
09-04-2014, 03:26 AM
(This post was last modified: 09-04-2014, 03:48 AM by Libtardius Maximus.)
Remains my avatar. No drilling results, no new buyers, no increase in pps. Meanwhile, Bernstein weighs in with a stellar review of what is happen and even their clients aren't buying it. (note the decrease in volume). So now it remains the parroting of the company PR, Laurie Brown (aka code cracker), Dr. Hession and probably the new COB as well. LNG is a long term investment, 1-10 drilling success with a buyback of company stock at 57.17 good for a year exhausted in 30 days, one huge gas field the likes not seem in decades, interest from bankers around the world while IOC sits in their privleged postion reserved for Super Majors. OSH clock in the IPI interest is running down while OSH awaits an arbitor on EA. Shareholders wait for recertification spudding news that is coming in Q3 (that's the end of this month for those unfamiliar) on Ant 4, 5 and whatever else IOC is supposed to be drilling.
And the stock daudles under 61 a share priced at stranded gas levels. Why!?
Posts: 1,670
Threads: 49
Joined: Jan 2012
Reputation:
91
'Libtardius Maximus' pid='49140' datel Wrote:
Remains my avatar. No drilling results, no new buyers, no increase in pps. Meanwhile, Bernstein weighs in with a stellar review of what is happen and even their clients aren't buying it. (note the decrease in volume). So now it remains the parroting of the company PR, Laurie Brown (aka code cracker), Dr. Hession and probably the new COB as well. LNG is a long term investment, 1-10 drilling success with a buyback of company stock at 57.17 good for a year exhausted in 30 days, one huge gas field the likes not seem in decades, interest from bankers around the world while IOC sits in their privleged postion reserved for Super Majors. OSH clock in the IPI interest is running down while OSH awaits an arbitor on EA. Shareholders wait for recertification spudding news that is coming in Q3 (that's the end of this month for those unfamiliar) on Elk 4, 5 and whatever else IOC is supposed to be drilling.
And the stock daudles under 61 a share priced at stranded gas levels. Why!?
Lib- I believe you meant Ant 4 and 5.
Posts: 804
Threads: 126
Joined: Jun 2012
Reputation:
169
'sageo' pid='49141' datel Wrote:
'Libtardius Maximus' pid='49140' datel Wrote:
Remains my avatar. No drilling results, no new buyers, no increase in pps. Meanwhile, Bernstein weighs in with a stellar review of what is happen and even their clients aren't buying it. (note the decrease in volume). So now it remains the parroting of the company PR, Laurie Brown (aka code cracker), Dr. Hession and probably the new COB as well. LNG is a long term investment, 1-10 drilling success with a buyback of company stock at 57.17 good for a year exhausted in 30 days, one huge gas field the likes not seem in decades, interest from bankers around the world while IOC sits in their privleged postion reserved for Super Majors. OSH clock in the IPI interest is running down while OSH awaits an arbitor on EA. Shareholders wait for recertification spudding news that is coming in Q3 (that's the end of this month for those unfamiliar) on Elk 4, 5 and whatever else IOC is supposed to be drilling.
And the stock daudles under 61 a share priced at stranded gas levels. Why!?
Lib- I believe you meant Ant 4 and 5.
thanks Sageo, I edited it, too much multi-taking on my end.
Posts: 1,670
Threads: 49
Joined: Jan 2012
Reputation:
91
'sageo' pid='49141' datel Wrote:
'Libtardius Maximus' pid='49140' datel Wrote:
Remains my avatar. No drilling results, no new buyers, no increase in pps. Meanwhile, Bernstein weighs in with a stellar review of what is happen and even their clients aren't buying it. (note the decrease in volume). So now it remains the parroting of the company PR, Laurie Brown (aka code cracker), Dr. Hession and probably the new COB as well. LNG is a long term investment, 1-10 drilling success with a buyback of company stock at 57.17 good for a year exhausted in 30 days, one huge gas field the likes not seem in decades, interest from bankers around the world while IOC sits in their privleged postion reserved for Super Majors. OSH clock in the IPI interest is running down while OSH awaits an arbitor on EA. Shareholders wait for recertification spudding news that is coming in Q3 (that's the end of this month for those unfamiliar) on Elk 4, 5 and whatever else IOC is supposed to be drilling.
And the stock daudles under 61 a share priced at stranded gas levels. Why!?
Lib- I believe you meant Ant 4 and 5.
Lib - Also,loved your word "dawdles". Ho,ho. HAGD.
Posts: 8,568
Threads: 1,342
Joined: Dec 2011
Reputation:
380
Hard to measure the damage caused by false speaks of prior management. Oil Sesrch had its own problems with a pipeline to Australia which couldn't be financed. Their solution was to sign a deal with Exxon.
Hession's solution has been to sign a deal with Total vs going it alone. The deal is open ended which IOC likes but Mr Market wants a number. Markets hate uncertainty . Spudding of antelope 4 and 5 will help? Results help even more. New year end certification from GLJ March 2015 ,
Recertification number second half of 2015 new reservoir engineer.
Raptor and Bobcat news would be well received.
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
Yes, plenty of people demand instant gratification and when they get it they become sour and start to repeat the same messages. The answer to the question posed above is simple though. It's time frame. If you sit in front of a terminal, you measure success in minutes and days, while IOC's business development is measured in years. Focusing too much on the first can cause one to lose sight on the latter...
Posts: 804
Threads: 126
Joined: Jun 2012
Reputation:
169
'admin' pid='49146' datel Wrote:Yes, plenty of people demand instant gratification and when they get it they become sour and start to repeat the same messages. The answer to the question posed above is simple though. It's time frame. If you sit in front of a terminal, you measure success in minutes and days, while IOC's business development is measured in years. Focusing too much on the first can cause one to lose sight on the latter...
Fine points you make there and yes I get it. However, is 9 months since the transformational deal enough time when the stock price stays flat? Is 6 months drilling without news agreeable to you as well?
Posts: 8,568
Threads: 1,342
Joined: Dec 2011
Reputation:
380
My opinion there is a good business reason for Bobcat and Raptor delayed results .
Not sure what it is .
I remember USG settled its Asbestos liability without declaring bankruptcy. The stock dropped $6 a share on tbe good news later to ride a mere $100 a share when the federal courts ratified the agreement.
Good things come to those that wait. We own 4 million acres in a basin of potential finds. Someone will monetize these assets and find more. I believe Hession will get this done.
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
["Fine points you make there and yes I get it. However, is 9 months since the transformational deal enough time when the stock price stays flat? Is 6 months drilling without news agreeable to you as well?"]
Lib, I would have some respect for you if you made any effort to answer your own questions, instead of just putting the question here over and over again why the share price is so low. Perhaps:
- It takes time to rebuild confidence
- One wants more security in the form of drilling results, E/A appraisal, FID, take your pick
- The sector is out of favor because the oil price has come down
- LNG prices in Asia have gone down a lot
In just 30 seconds I can come up with at least a couple of half plausible hypothesis, surely you could have done the same..
Posts: 2,623
Threads: 61
Joined: Dec 2011
Reputation:
225
09-04-2014, 04:26 AM
(This post was last modified: 09-04-2014, 04:37 AM by Getitrt2.)
(09-04-2014, 03:26 AM)Libtardius Maximus Wrote:
Remains my avatar. No drilling results, no new buyers, no increase in pps. Meanwhile, Bernstein weighs in with a stellar review of what is happen and even their clients aren't buying it. (note the decrease in volume). So now it remains the parroting of the company PR, Laurie Brown (aka code cracker), Dr. Hession and probably the new COB as well. LNG is a long term investment, 1-10 drilling success with a buyback of company stock at 57.17 good for a year exhausted in 30 days, one huge gas field the likes not seem in decades, interest from bankers around the world while IOC sits in their privleged postion reserved for Super Majors. OSH clock in the IPI interest is running down while OSH awaits an arbitor on EA. Shareholders wait for recertification spudding news that is coming in Q3 (that's the end of this month for those unfamiliar) on Ant 4, 5 and whatever else IOC is supposed to be drilling.
And the stock daudles under 61 a share priced at stranded gas levels. Why!?
I believe IOC's drilling success is much better than "1-10", and drilling has expanded exponentially, with plenty of cash for more. IMO your avatar belongs to Mulacek, not Hession.
Most Bernstein clients are institutional, for whom they just had a conference call yesterday, and do not move that quickly. The first new coverage in years, and first-class.
Impatience is understandable and shared, but with such a negatively biased view, perhaps you should just move on.
P.S.: It has not been quite six months, and there HAS been news, multiple updates, just not the final results you are "demanding". IMO you are not asking sincere questions, just venting, which is doing no one any good.
|