ADI - Adelphi Energy

[estseon]

Lucky_Country - I think that Agent was saying that Easley could be expected to produce 3,000 bpd. That is based on a scaling up of Kennedy, as ADI said we could. The other reference to Kennedy might have been a slip of the keyboard.

Miner - looking at ADI volume and price movements, there could have been some 'funny trading' in ADI, which might explain why AUT and EKA were more subdued. The AUT price now seems to be out of line (haven't checked EKA - don't follow it) compared to market valuation against ADI for the last 6 months or so. There has been minor dilution through exercise of options there.

We'll be looking at higher if the new wells come out at 3,000bpd apiece, 'funny trading' or no.

 

[jancha]

Nice to be missed.

Yes good day for ADI. Might be the other twos turns soon.

The market misread the info for most the morning session , then the traders moved in just as the ADI crew realised with agents help that they mis read it.

The AUT crew largely dont monitor agent and others so missed the analysis.

Looking very good.

What many forgot was those weston figures should clean up beetter. But more importantly is when they are on the production tubing. That should bring a lot more condensate. Likewise for Kennedy.

Hang on Condog
How is a good day for Adi when it finished half cent lower on close than yesterday?
Not particularly worried over it as it would have only been profit takers & will head back north but to say it was a good & the likes of Eka & Aut turn will come? Dont follow.

 

[AG1979]

I think for my first post i would like to thank AgentM, he has change avatars as often as i have had hot dinners, but he knows what is going on, please don't ever be silent. ADI has been a ride, i sold when i needed to get my money back... not quiet all, i purchased again because i believe in the story. ADI is almost a religion, just have faith brother! For all holders lets watch this one go sky high!

 

[condog]

Hang on Condog
How is a good day for Adi when it finished half cent lower on close than yesterday?
Not particularly worried over it as it would have only been profit takers & will head back north but to say it was a good & the likes of Eka & Aut turn will come? Dont follow.

New high on huge volumes= vote of confidence - getting noticed. didnt give back much of massive gains. good results out....

 

[Ramblin Round]

The Friedrichs rig has been disassembled and looks ready to frac. Halliburton only has two frac teams in the South region so I'm told so it's a wait and see scenario. They're out lining the tank today.

Anybody have info on the Freidrichs ? It's a Pioneer leased location Region 2 Dewitt Co. .

 

[Miner]

I think for my first post i would like to thank AgentM, he has change avatars as often as i have had hot dinners, but he knows what is going on, please don't ever be silent. ADI has been a ride, i sold when i needed to get my money back... not quiet all, i purchased again because i believe in the story. ADI is almost a religion, just have faith brother! For all holders lets watch this one go sky high!

Did you send cut from your profit by selling ADI to Agent M and Joe .

I am sure they will be posting more goodies once commissions arrive on profits

 

[estseon]

Just an observation drawn from one of Agent's excellent maps:

Easley is ENE of Kennedy following the trend.

Morgan and Rancho are either side of Kowalik, which is about 2/3rds of a mile north of Kennedy.

Supposedly, those 3 are nearer the oil richer area of the trend. When Kowalik first flowed, the ratio was over 320bbls/1mmcfg., Then they did a chemical wash....

When Kennedy first flowed the ratio was 250bbls/1mmcfg. After the recent frac, it flowed 258bbls/1mmcfg.

I'm not suggesting that the IP flows, especially in 2008, can be relied upon to indicate ratios but a higher ratio for Kowalik/Morgan/Rancho would not be a surprise.

 

[Agentm]

I think for my first post i would like to thank AgentM, he has change avatars as often as i have had hot dinners, but he knows what is going on, please don't ever be silent. ADI has been a ride, i sold when i needed to get my money back... not quiet all, i purchased again because i believe in the story. ADI is almost a religion, just have faith brother! For all holders lets watch this one go sky high!

thanks ag

didnt realise the avatar change was such a big deal

the underlying sentiment in the region and in the jvp is for progression, and i see upside in this one with that progression, as for the others in the region and in the jvp?? well thats for others to decide upon.. i only invest where i understand the story and know it can be achieved..

“As I grow older I pay less attention to what men say,” said industrialist Andrew Carnegie (1835 - 1919). “I just watch what they do.”


imho when you walk the talk it not only means something it has value..

 

[jetblack]

the underlying sentiment in the region and in the jvp is for progression, and i see upside in this one with that progression, as for the others in the region and in the jvp?? well thats for others to decide upon.. i only invest where i understand the story and know it can be achieved..

imho when you walk the talk it not only means something it has value..

I agree with the comments about the other jvp's, however, I think you have to keep an open mind, especailly with the latest announcement from AUT.
Spouce buys more, nothing unusual its all above board.

All in all a day to be expected, test of patience.


Btw I also walk the walk.

 

[condog]

thanks ag

didnt realise the avatar change was such a big deal

the underlying sentiment in the region and in the jvp is for progression, and i see upside in this one with that progression, as for the others in the region and in the jvp?? well thats for others to decide upon.. i only invest where i understand the story and know it can be achieved..

“As I grow older I pay less attention to what men say,” said industrialist Andrew Carnegie (1835 - 1919). “I just watch what they do.”


imho when you walk the talk it not only means something it has value..

Agent youve been the most grounded sole in this thread since day dot...the price goes up and suddenly you start talking random jibbba jabba.... perhaps youve toasted a little too much sparly this week. Enjoy mate and thanks for your tireless efforts.

 

[Ramblin Round]

Another good report from Adelphi. Sounds like the Weston is right on track setting the stage for a good average of all other wells.

http://www.adelphienergy.com.au/fil... 2010 - Weston 1H Initial Production Rate.pdf

 

[Miner]

Another good report from Adelphi. Sounds like the Weston is right on track setting the stage for a good average of all other wells.

http://www.adelphienergy.com.au/fil... 2010 - Weston 1H Initial Production Rate.pdf

Thanks for the report

Good report but market received it with 6.25% drop in price until now 9.39 AM WST so far today .

Thursday 25 Feb ADI Closed -1.54% with a volume 543,145 shares transaction.

Wednesday 24 Feb ADI Closed -1.52% with a volume of 1,843,000 shares transaction

Tuesday 23 Feb ADI clsoed +13.79 % with a volume of 918,700 shares transaction and before days it was all up and up making all happy.


Is the reversal of trend telling us something but reading reports published by the company and information exchanged in the forum it is unlikely to see any imminent danger.

Any expert comments please confused:

 

[Agentm]

Thanks for the report

Good report but market received it with 6.25% drop in price until now 9.39 AM WST so far today .

Thursday 25 Feb ADI Closed -1.54% with a volume 543,145 shares transaction.

Wednesday 24 Feb ADI Closed -1.52% with a volume of 1,843,000 shares transaction

Tuesday 23 Feb ADI clsoed +13.79 % with a volume of 918,700 shares transaction and before days it was all up and up making all happy.


Is the reversal of trend telling us something but reading reports published by the company and information exchanged in the forum it is unlikely to see any imminent danger.

Any expert comments please confused:

it was all planned for and well executed imho


i know adi acreages are one county away from ramblings acreages in de witt, but there they have had plenty of good wells..

looking forward to the next announcements from the jvp. i am certain the next ones will be very enlightening. there is no doubt in my mind that the operator is keen to get progressing on the acreages, and there is every likelihood the weston and kennedy wells will clean up and continue to hit their strides.

the recent clear out by the traders on the adi share is just a buying opportunity for those wanting to average down or get in.. volumes have been available which is great.. and good to see such a well executed buy on the rumour sell on the news scenario played out

its all part of what these small caps will inevitably attract, although i wonder how the recent announcement of more staggered news drops will determine if any repeat is going to happen with easley and morgan and rancho grande..plus we have to agree that there must be more news on weston and kennedy still to come

interesting days but the sp fluctuations are part of the plan and will swing less as the exit slows down..

all imho and dyor..

 

[Miner]

it was all planned for and well executed imho


i know adi acreages are one county away from ramblings acreages in de witt, but there they have had plenty of good wells..

looking forward to the next announcements from the jvp. i am certain the next ones will be very enlightening. there is no doubt in my mind that the operator is keen to get progressing on the acreages, and there is every likelihood the weston and kennedy wells will clean up and continue to hit their strides.

the recent clear out by the traders on the adi share is just a buying opportunity for those wanting to average down or get in.. volumes have been available which is great.. and good to see such a well executed buy on the rumour sell on the news scenario played out

its all part of what these small caps will inevitably attract, although i wonder how the recent announcement of more staggered news drops will determine if any repeat is going to happen with easley and morgan and rancho grande..plus we have to agree that there must be more news on weston and kennedy still to come

interesting days but the sp fluctuations are part of the plan and will swing less as the exit slows down..

all imho and dyor..

Thanks Agentm for the update.

I can now continue my sleep towards a good long weekend in WA (market will be awake on Monday however)

 

[jancha]

it was all planned for and well executed imho


i know adi acreages are one county away from ramblings acreages in de witt, but there they have had plenty of good wells..

looking forward to the next announcements from the jvp. i am certain the next ones will be very enlightening. there is no doubt in my mind that the operator is keen to get progressing on the acreages, and there is every likelihood the weston and kennedy wells will clean up and continue to hit their strides.

the recent clear out by the traders on the adi share is just a buying opportunity for those wanting to average down or get in.. volumes have been available which is great.. and good to see such a well executed buy on the rumour sell on the news scenario played out

its all part of what these small caps will inevitably attract, although i wonder how the recent announcement of more staggered news drops will determine if any repeat is going to happen with easley and morgan and rancho grande..plus we have to agree that there must be more news on weston and kennedy still to come

interesting days but the sp fluctuations are part of the plan and will swing less as the exit slows down..

all imho and dyor..

Hi Agentm.
In your opinion do you think that Hilcorp have improved on their drilling technique & that their progression with easley is moving along more smoothly than prior wells in the area?

 

[Agentm]

i wouldnt know

i expect the way to go with wells drilled in the formation is not to be underbalanced, and all operators are logging very rapid completions.

how easley is going is only known by the jvp partners and little news on that wells progress is being released.

no one can really comment on that. when they announce TD then you can calculate the time it takes..

 

[Lucky_Country]

Easley, Morgan and Rancho wow these are company making wells !!!

Its been a long road for us longterm holders but what has really kept me interseted in this company is the honesty and proffesionalism of its management.

No spruiking making the hard decisions and making good choices with asset sales and farmdowns all are hard to make but we are now seeing the rewards.

Along with the great information shared on these forums by those whom research alot more than most its would have been a bigger risk to sell than to hold.

ADI is in strong financial position free drilling in an area many would love to have entered.

The signs are very very positive.

 

[Agentm]

Easley, Morgan and Rancho wow these are company making wells !!!

Its been a long road for us longterm holders but what has really kept me interseted in this company is the honesty and proffesionalism of its management.

No spruiking making the hard decisions and making good choices with asset sales and farmdowns all are hard to make but we are now seeing the rewards.

Along with the great information shared on these forums by those whom research alot more than most its would have been a bigger risk to sell than to hold.

ADI is in strong financial position free drilling in an area many would love to have entered.

The signs are very very positive.

i am starting to get a tad excited Lucky_Country

seeing the spud of the second well at morgan demonstrates 2 rigs are on our acreages.

hilcorp have taken things to a new level. no only taking over as operator but willing to go full tilt right now with 2 rigs.

i expect the jvp will announce the news in the near term, and i look forward to the market reaction myself..

news just gets better by the week..

no one is talking much about the 3 free carried wells i know, but with 2 rigs drilling simultaneously, i think its a topic that will be hard to ignore..

imho its also important to not forget kennedy and weston also, kennedy in the eagleford and weston in the chalks.. 2 zones are producing now..

 

[jetblack]

Not only the news getting better, but the price action on friday had a nice solid close.

The stocks being bought into, as other posters have noticed, those thinking of pushing the stock down i think are having second thoughts.

Agent M , I briefly skimmed the Swift preso, you mentioned on another site.

They talking expected prod. from one well 6-10mmcfe/d
4-7 bcfe per well. (running from memory on these figs)

Sort of thinking they are actually giving the lower end of possibilities the Eaglford has to deliver.

Rephrase that last sentence: I am now believing that these figures the companys in the Eagleford are mentioning are at the lower end of the targets, but are still very impressive. I feel that know they can deliver more.

 

[Lucky_Country]

i am starting to get a tad excited Lucky_Country

seeing the spud of the second well at morgan demonstrates 2 rigs are on our acreages.

hilcorp have taken things to a new level. no only taking over as operator but willing to go full tilt right now with 2 rigs.

i expect the jvp will announce the news in the near term, and i look forward to the market reaction myself..

news just gets better by the week..

no one is talking much about the 3 free carried wells i know, but with 2 rigs drilling simultaneously, i think its a topic that will be hard to ignore..

imho its also important to not forget kennedy and weston also, kennedy in the eagleford and weston in the chalks.. 2 zones are producing now..

Definately not alone in being excited about this stock.

I remember the days of ADI @ $1 Im even starting to think that with the current buying and suprising sellers that may soon run out we could easily venture into that region again with news from the 3 current well and the 3 soon to be drilled wells. (Easley already in action)

These new wells are what will really judge the jvp on and I for one am very very positive.