Australian (ASX) Stock Market Forum

ADI - Adelphi Energy

Jump to new
Someone thinks the share price bottom is $0.60 as there has been good sales volumes in recent days without the price moving up or down significantly.

The attached graph suggests that the next move will probably be up to a target price of $0.75. For those very patient holders of which I am not one, I hope it goes much higher.

By closely watching the DMI & MACD movements over the next week, a prospective investor should get a pretty good idea if I am going to be proven correct with this guestimate.

ADI.gif
 
greenfs said:
Someone thinks the share price bottom is $0.60 as there has been good sales volumes in recent days without the price moving up or down significantly.

The attached graph suggests that the next move will probably be up to a target price of $0.75. For those very patient holders of which I am not one, I hope it goes much higher.

By closely watching the DMI & MACD movements over the next week, a prospective investor should get a pretty good idea if I am going to be proven correct with this guestimate.

View attachment 14173
Click to expand...

Charts don't mean a **^^* thing where ADI is concerned. The dealers are long gone on this one and it is the true believers still holding. The sellers are those losing patience or needing the cash. The price increases a little when news is due and slips a little when it doesn't appear on time. What will make a difference is news of a duster or news of a great flow of oil and/or gas.
 
Good morning all - Just a quickie to let you know that there is a new thread on ADVFN.

I have had enough!!!!

The EME NO VERMIN moderated thread.

http://www.advfn.com/cmn/pbb/edit_article.php3?id=15569580

I have set up this thread in order to try to bring some sanity back to the UK EME Threads. And may be of some interest to you guys in the JVP.

Please post your views there - we have some really good folks that post interesting research and I will ban any of the Bad guys who have been ruining the other thread - I cannot ban premium users but I can moderate their posts - and you can bet I will if they are in need of it.

All welcome.

Agentm - I hope to see you soon on there!

Tarzan
 
tarzanhey said:
Good morning all - Just a quickie to let you know that there is a new thread on ADVFN.

I have had enough!!!!

The EME NO VERMIN moderated thread.

http://www.advfn.com/cmn/pbb/edit_article.php3?id=15569580

I have set up this thread in order to try to bring some sanity back to the UK EME Threads. And may be of some interest to you guys in the JVP.

Please post your views there - we have some really good folks that post interesting research and I will ban any of the Bad guys who have been ruining the other thread - I cannot ban premium users but I can moderate their posts - and you can bet I will if they are in need of it.

All welcome.

Agentm - I hope to see you soon on there!

Tarzan
Click to expand...


Please try this link instead it is the free bb one

http://www.advfn.com/cmn/fbb/thread.php3?id=15569579

cheers
 
kennedy 1H is in the sugarkane now. Looking forward to the reports on its 5000 foot journey and using the oil based mud they should be able to control the well far easier.

will be extremely interested in any announcements in the next few days, and particularily any outcomes from operations that are announced next week.

conocophillips are not relenting in their exploration of the sugarkane, and they appear in my view to now be also interested in the Zone 3 region in an wildcat phase. I think the zone 3 test is of great interest to conocophillips and TCEI, and it will also equally contribute to our JVP's future as well.

still very optimistic on all that i see, in our acreages and in the CP/TCEI camp.
 
my pick is a mid week update, kennedy 1H in the chalks with shows. and refrac of SL1 zone 3 to go ahead immediately.

the shows are wishful thinking but totally expected.

the uk crowd are completely unaware of the timings in the kunde wells, they have no way of knowing, and i think will be caught unawares

i wonder how its going on baker street?

great days ahead

all IMHO and DYOR
 
It was last Wednesday we had our last update, so fingers crossed for today. I can't wait for news and hope it is all good of course. Thanks M, for your consistent contributions during this tense time.
 
Hey eva,

lets say that any adi holder should be shock proof by now. I dont have any issues or problems with what i see in the research i have done. The conocophillips boys are now drilling baker 1, and i like the way they are continuing the progaram. baker will make it 3 horizontals in the sugarkane, and what is brilliant about the project is that these shares are under the radar, with exceptional value in them.

I can see that there are plenty of very very clever investors whom are accumulating on any nervous exits, not only on ADI but on all the jvp's. and good on them for having the forsight and understandings to take advantage of the screenout!! if you add the shares traded and look at the top 20 of adi you may learn see which direction these sells are going..

Kennedy 1h news will be interesting i hope, and i recall couch oil telling us some interesting things about how charged the chalks were in sept last year..

Sugarloaf – Hosston – 1st phase a success
We have dug the well to 14,480’ and logged the upper sections.
Well was trying to flow back gas during the logging operations

you must understand how deep this well is and how much pressure is needed to do this..

as i say, this share has completely been missed, and there are those that have been clever and accumulated in this very quiet period, as the wealth is transfered from the impatient to the patient.

i hope those nervous ones have made a good gain.. as i think the patient ones are on the winner here.

its all about the liquids and the matrix.. and these are not your ordinary chalks by any means..


good luck

all IMHO and DYOR
 
Good luck to you too M. You certainly deserve it after your long wait and endless research! As for me, I couldn't resist loading up on a few EKEO as well during the last week - they have been so cheap at 19c and 18c. I now have a nice parcel - just hoping we get news before they expire lol!

Unfortunately I am all out of pocket money now, and am not inclined to go down the credit card line - I draw the line at going into debt to buy shares.
 
well the midweek didnt go ahead. which would have been a nice event. and its quiet as all heck out there..

back to groundhog days again!!
 
Very suprised that there is no weekly update considering that Kennedy 1 is drilling ahead after all when SL 1 was drilling they did inform us weekly where it had reached in depth.
Does this also mean that fraccing at SL 1 has not commenced ?
 
i am sure the jvp will announce any frac prior to it commencing.

kennedy 1H can be anywhere really.. according to my calculations they are in the chalks, but you have to allow for delays and equipment failure.. its always part of the process, and we have overpressurised chalks, so things may be needed to be done to endure the pumps and equipment can deal with the very tricky part of the drilling,,

i was anticipating a usual midweek senario, looks like its back to closed well and no news and groundhog day..
 
just to keep you in the picture,

i think conocophillips have not been sitting there doing nothing, they have baker 1 near by now, and the TCEI kennedy 1H is drilling the chalks right now.

i put in the two wells that drilled the chalks in the 70's pre the horizontal technology eras of the 80's onwards.

as you may tell, there is a lot of data TCEi and conocophillips have on hand today regarding this play, and i dont see any slowing down of processes like we had since sept 06 whilst the leases were purchased. i see a step up in activity. precision timed.

attachment.png
 

Attachments

  • oct07.PNG
    oct07.PNG
    25 KB · Views: 94
Kennedy #1H Well

Adelphi Energy Limited advises that at 6am Texas time on 17 October the Kennedy-1 exploration well had reached a measured depth of 12,720 feet (3,878 metres) and was cementing casing. Since our last report, the well has been steered from vertical to reach a horizontal attitude just inside the target Austin Chalk upper zone, believed to correlate with the producing zone in the Sugarkane discovery well. Background gas increased from around 40 units to about 100 units on entering the Austin Chalk target zone. The commercial significance of the elevated gas background is not known but is regarded as encouraging.
As planned, casing is now being run before the planned final 4,850 feet (1,273 metres) of the well is drilled entirely within the near horizontal target Austin Chalk upper zone, in order to evaluate the zone and its productive potential if any.

Sugarloaf-1 Well

The Operator has advised that preparations have commenced to re-frac and re-test the deepest of the three zones of gas shows and log interpreted potential gas pay in the Cretaceous age Austin Chalk Formation. As a result of the reported early screen out when attempting to frac this zone last month, a revised frac design and program will now be adopted.
Timing of the proposed fracture stimulation operation is subject to the availability of frac equipment and services but is expected to take place within a few days.

Adelphi, through its wholly owned US subsidiary Adelphi Energy Texas, Inc., has a 20% interest in the Sugarloaf Project which includes the Sugarloaf-1 and Kennedy #1H wells.
 
Ok, Something a little weird just happened... Just after this mornings announcement someone dumped a few thousand at 58c, thats fine, but then in the last half an hour 2,000,000 (Million) share go through at around 61c.

I for one would LOVE to know where they came from and more importantly where they went to!

Any Ideas? Or do I have the Jitters... Again..?:eek:
 
Very very interesting 2 million shares traded with no change of holding announcement I take that as a very positive sign as the sp went up
 

Similar threads

System
D3E - D3 Energy
Replies
2
Views
1K
Dona Ferentes
Dona Ferentes
ducati916
August 2024 DDD
2 3 4
Replies
75
Views
19K
ducati916
ducati916
ducati916
January 2025 DDD
3 4 5
Replies
94
Views
5K
mullokintyre
mullokintyre
System
FDR - Finder Energy Holdings
Replies
4
Views
2K
mobcat
mobcat
ducati916
May 2024 DDD
2 3 4
Replies
69
Views
7K
qldfrog
qldfrog
Top