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re: Official Erin Energy (ERN) thread
Posted on 7/24/15 at 7:39 am to thatguy777
Posted on 7/24/15 at 7:39 am to thatguy777
I think Q2 is 8/10. And I think they book (maybe) 300K BOE in Q2. But if not, there will be lifts of (currently for Q3) 600K BOE, plus everything additional between now and Q3.
Mostly O, but some natty gas. Not clear about natty gas. Surprised they aren't burning it off.
The other thing I don't understand is how they're booking proven reserves on their balance sheet. I'd think at this point they could book everything at Oyo 7/8.
Reserved liability for FSPO dispute comes off.
Still risky. Kind of. The game inside the game is still joint venture and exploration well at Micoene.
Edit - To me the run up to almost $9 was just a teaser for what I expect to happen if a few things come together, and one has the ability to wait dispassionately.
Mostly O, but some natty gas. Not clear about natty gas. Surprised they aren't burning it off.
The other thing I don't understand is how they're booking proven reserves on their balance sheet. I'd think at this point they could book everything at Oyo 7/8.
Reserved liability for FSPO dispute comes off.
Still risky. Kind of. The game inside the game is still joint venture and exploration well at Micoene.
Edit - To me the run up to almost $9 was just a teaser for what I expect to happen if a few things come together, and one has the ability to wait dispassionately.
This post was edited on 7/24/15 at 7:41 am
2
Posted on 7/26/15 at 7:20 pm to Iowa Golfer
Short interest up a bunch as suspected.
Posted on 7/30/15 at 7:35 am to Iowa Golfer
FYI
Erin Energy Corporation ("Erin Energy" or the "Company") (NYSE MKT:ERN) has scheduled release of its 2015 second quarter financial results for after close of market on Monday, August 10, 2015. The Company will host a conference call on August 11, 2015 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current operations.
Erin Energy Corporation ("Erin Energy" or the "Company") (NYSE MKT:ERN) has scheduled release of its 2015 second quarter financial results for after close of market on Monday, August 10, 2015. The Company will host a conference call on August 11, 2015 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current operations.
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