Imperial Energy - 2P Reserven fast ver-4-facht - 500 Beiträge pro Seite

[Kusoke]

Hier der Grund für den rasanten Anstieg heute:

Imperial Energy. D&M report puts company's 2P reserves at 803mn bbls, up 150%
Imperial Energy's 2P reserves are 803mn bbls, according to an evaluation prepared by DeGolyer &MacNaughton. The company published the report's preliminary results today in a press release containing the details of the 15 principal evaluated fields.

The announcement may lead to a strong performance of the share price, as investors' expectations were not nearly so optimistic as the potential results. The D&M report estimated the company's 3P reserves at 15 leading prospects in Tomsk region at 3.37bn bbls, well above even the most hopeful expectations. The remaining 24 prospects owned by the company will be evaluated by the end of March, the company said in the press release.

Our current asset-based fair value is based on just 228mn bbls of 2P reserves. Our recommendation for IEC shares is Buy, with end-2007 fair value of $21.74.

Quelle: aton.ru

Kusoke

[invest2002]

[Asynchronmaschine]

guter wert

[Kusoke]

Antwort auf Beitrag Nr.: 28.249.697 von Asynchronmaschine am 12.03.07 09:42:16

Imperial Energy. Reports additional 1.1bn bbls of resources, with 680mn bbls in "contingent" category
DeGolyer & MacNaughton reported on a further 22 of the company's prospects this morning, adding 1.1bn bbls of resources to company's total. Importantly, 680mn bbls of this total included in the more valuable "contingent" category, which describes realistic prospects but where there are insufficient marketing and economic data. These resources are in addition to the 3.3mn bbls of 3P resources in 14 of the company's 14 prospects reported on March 6.

D&M's NPV calculation based on the report's detailed disclosure was $2.85bn, as reported by IEC in its press release. This is generally in line with our own asset-based fair value of $2.34bn, and a substantial premium to the market's current assessment. Our estimates, however, was based solely on the proven and probable reserves and excluded the company's significant possible reserves. It also assigned no value to the newly disclosed resources, in particular the 680mn bbls categorized as "contingent."

Despite a strong share price rally by IEC in March, significant gap remains between the current company's worth and our (and D&M's) fair value estimates. We reiterate our Buy recommendation, with end-2007 fair value of $46.8.

Quelle: aton.ru

Kusoke

[Kusoke]

3 April 2007, Tuesday
Imperial Energy. Solid 2006 results reaffirm positive outlook; new FV still offers 44% upside
Documents
Full version (PDF; 42,21 kB)




Imperial Energy (IEC) reported good 2006 IFRS results yesterday. According to IFRS accounts, IEC had $95mn in cash and equivalents at end-2006; recently, it also finalized $200mn credit facility to fund development of its fields. We have adjusted our fair value for Imperial Energy to reflect the latest net debt data. Our new end-07 fair value is $42.3 per share, 10% below the previous target of $46.8, but still 44% above the current share price. We thus retain our Buy rating.

Imperial Energy yesterday reported good 2006 IFRS results. The company’s exit-year production increased to 2.5mbpd on six new wells, revenues were $3mn (mainly from realization of test production crude), with a reasonable net loss of $14.6mn attributable to the company’s aggressive growth and development throughout the year. IEC presented its results in IFRS format for the first time, reiterating its plans to move to the main board of the London Stock Exchange later this month.

IEC had $95mn in cash and equivalents at end-2006, after spending $10.6mn on PP&E capex and another $115mn on acquisitions. After raising $200mn in equity in May 2006, Imperial Energy finalized its $200mn credit facility in April 2007. IEC is set to continue its aggressive development strategy aimed at achieving 10mpbd crude output by end-2007. Based on the company’s 2006 IFRS accounts and the latest announcements, net debt used in our FV calculations was thus set at $105mn.

DeGolyer and MacNaughton’s March 2007 reserves report assigned IEC 803mn bbls of 2P reserves from 15 of the company’s leading prospects, leading to a significant share price rerating. In April, an additional 1.1bn bbls of resources, including 680mn bbls in the more valuable contingent category, were reported by D&M. Although some overlap exists between the March and April reports, we believe the markets largely ignored the latest data.

We have adjusted our fair value for Imperial Energy to reflect the latest net debt data. Our new end-07 fair value is $42.3 per share, 10% below the previous target of $46.8, but still 44% above the current share price. We have updated our asset-based valuation to include the new number of shares outstanding (50.57mn) and the most recent net debt figures. We continue to assign zero value to the company’s resources and possible reserves, although the expected impact of their reclassification has grown along with their size. Our fair value implies 2P reserves valuation of just $2.7/bbl, a discount of over 34% to peers’ current valuations – a reasonably conservative target, in our view.

We thus retain our Buy rating.

Quelle: aton.ru

Kusoke

[Asynchronmaschine]

-20%
"Russian environmental regulator Oleg Mitvol cast doubt Wednesday on a recent reserve audit by London listed oil producer Imperial Energy PLc.

Mitvol said in a statement that data published recently by Imperial for its Mayskoye and Kiev-Yeganskoye fields in Tomsk don't tally with the Ministry's own data.

Mitvol is deputy head of the Rosprirodnadzor agency that shares responsibility with other agencies in the Ministry of Natural Resources for monitoring oil companies' compliance with licence regulations."

[krasnijoktjabr]

Antwort auf Beitrag Nr.: 28.877.353 von Asynchronmaschine am 18.04.07 13:05:43

hast du eine quelle dazu?

[Asynchronmaschine]

böse
böse

RUSSIA'S STATE ECOLOGICAL WATCHDOG SAYS HAS FILED REQUESTS TO WITHDRAW SEVERAL PRODUCTION LICENCES OF IMPERIAL ENERGY
09:36 19Apr07 RTRS-Russia watchdog steps up pressure on Imperial Energy
MOSCOW, April 19 (Reuters) - Russia's environmental watchdog
on Thursday stepped up pressure on oil firm Imperial Energy
, saying it had filed a request to end its production
licences and would block its pipeline from shipping oil.
The firm's stock, which posted heavy losses on Wednesday
after the first announcements by Rosprirodnadzor, lost another
three percent of its value following Thursday's statement.
Oleg Mitvol, deputy head of ecological agency
Rosprirodnadzor, said in a statement it wanted Russia's
resources ministry to withdraw licences from Imperial Energy's
units Nord Imperial, Alianceneftegaz and Sibinterneft.
He also said he would ask state authorities not to allow
Imperial Energy to use its newly built pipeline to ship crude
from West Siberia's Tomsk region to trunk pipelines.

[labfab]

Заседание комиссии Роснедр не привело к отзыву лицензий Imperial Energy
04.06.2007 15:26:00
вернуться к списку тем


Комментарий
Аналитики ИК «Атон».

Компания Imperial Energy опубликовала пресс-релиз по итогам заседания комиссии Федерального агентства по недропользованию (Роснедра), на котором обсуждалась возможность отзыва лицензий компании на освоение месторождений в Томской области.

Комиссия известила Imperial Energy, что ни одной из ее крупных лицензий не угрожает отзыв, и компания полностью выполняет условия 80% лицензионных соглашений, говорится в пресс- релизе. Imperial Energy необходимо в течение трех месяцев провести надлежащие сейсмические работы на ряде объектов, стоимость которых составляет менее 20% совокупной стоимости бизнеса.

Мы ожидаем, что Imperial Energy выполнит все необходимые требования, и считаем результаты заседания позитивным сигналом, поскольку тон дискуссии был разумным и конструктивным.

Мы рекомендуем "Покупать" акции Imperial Energy, прогнозируемая цена на конец 2007 года – $42.3.


das ganze war ein fake.

[labfab]

News: zwei neue Quellen (Snezhnoe )liefern erstmal 500 barrel pro Tag.

Imperial Energy. Среднесуточный объем добычи на новых скважинах составил 500 брр. в сутки
Imperial Energy сообщила о завершении двух новых эксплуатационных скважин на месторождении Снежное, которые после завершения строительства и дробления обеспечили дебит в размере 500 брр. в сутки. Компания сообщила, что на месторождении Снежное ведется работа еще на двух скважинах, которые находятся на разных стадиях готовности, кроме того, на месторождении Майское ведутся дальнейшие подготовительные работы, в том числе - бурение горизонтальных и вертикальных скважин.

Опубликованный дебит скважин в целом соответствует обычному среднесуточному интенсифицированному объему добычи на скважинах данного региона. Новые скважины компании (в том числе скважины на месторождении Снежное, а также три вертикальных и четыре горизонтальных скважины на месторождении Майское) помогут Imperial Energy заполнить ее эксплуатационный нефтепровод в июле этого года. Компания продолжает добиваться успехов в операционной деятельности, и мы ожидаем, что недавняя волатильность котировок акций постепенно сойдет на нет. Запасы IEC пока оцениваются участниками фондового рынка значительно дешевле, чем запасы компаний-аналогов, и мы считаем такой дисконт необоснованным.

Мы рекомендуем "Покупать" акции Imperial Energy, прогнозируемая цена на конец 2007 года - $42.3.

[labfab]

Quelle N86 wird getestet,
vermutlich steigen dadurch die 2P Reserven.
Exploration in Kazachstan wird auf Semtember vorverlegt.

Imperial Energy. Сообщила об открытии промышленных объемов нефти на блоке №86 месторождения "Водораздельное"
Вчера компания Imperial Energy объявила о том, что новая скважина на блоке №86 месторождения "Водораздельное" выявила наличие промышленных объемов нефти, и в настоящее время ведется тестирование скважины. Кроме того, компания объявила об успехах поискового и подготовительного бурения и сейсмических работ на территории лицензионных блоков №70, 74 и 85, включая работы на лицензионных участках, которые были выделены Минприроды в числе отстающих от графика разработки, установленного условиями лицензий. Компания также перенесла сроки поискового бурения на перспективной площади в Казахстане с конца этого года на сентябрь, результаты бурения, как ожидается, должны быть получены к зиме 2007 года.

Открытие нефти на площади "Водораздельная", скорее всего, не пройдет незамеченным участниками фондового рынка. В настоящее время компания не включает в свои доказанные и вероятные запасы нефть, содержащуюся на данном участке, и подтверждение промышленных запасов, по всей вероятности, приведет к дальнейшему увеличению уже и без того значительных доказанных и вероятных запасов (запасов 2P) Imperial Energy.

[labfab]

16/07/2007
The following replaces Imperial Energy’s RNS statement 2788a released at 8.21am today
Release reissued correcting point 8 reference to Rosnedra rather than Rosneft.

IMPERIAL ENERGY CORPORATION PLC
(“Imperial” or “the Company”)

Re: Media Reports

Imperial notes the media reporting of comments allegedly made by certain representatives of the Ministry of Natural Resources, Russian Federation, last Friday regarding its reserves.

Imperial comments:

1. No official or unofficial notification has been received by Imperial from the Ministry regarding discrepancy of reserves.

2. Imperial maintains the correctness of data supplied to its internationally reputable, independent reserve auditors, DeGolyer and MacNaughton (“D & M”).

3. It is impossible in any practical way to artificially contrive a full sub-surface data set to such an extent that it has a material input on calculated reserves. D & M has not at any time expressed any concern as to the reliability of any input data provided to it. D & M is currently undertaking an indepth field study of Imperial’s Festivalnoye field which has supported the data previously given and has identified new oil bearing reservoirs.

4. Based on that data D & M made their own estimates of Imperial’s Reserves which have further been internally re-audited within D & M by a separate D & M team and reconfirmed. Those reserves were signed off by D & M and incorporated in Imperial’s prospectus when it moved from AIM to the Official List of the London Stock Exchange in May.


5. D & M is the leading independent SPE reserves auditor in Russia, carrying out work for major companies including Rosneft. D & M’s SPE reserves reports are relied upon in connection with many material international institutional share and fund raising issues and transactions. Imperial is required to report on an internationally recognised basis i.e. SPE pursuant to its position on the Official List of the London Stock Exchange.

6. Imperial’s SPE reserves, within the competence of estimate by D & M, are entirely different to Russian Registered Reserves, within the competence of the Ministry. Methodology and matters taken into account vary materially. Registered Russian Reserves being much more production based. Taking into account the nature of Imperial’s operations and its business progress the variance is entirely understandable.

7. Imperial started with exploration territory, has committed and risked some US$600 million over 3 years progressed with a speed unmatched in the Tomsk region and has successfully identified significant reserves, completed major infrastructure and pipelines and is only now moving into production.

8. Imperial quotes from a letter sent on 12 July 2007 to the Tomsk office of Rosnedra by the Russian nationally renowned geologist A.E. Kontorovich through his Russian Academy of Science, Siberia Division, Institute of Petroleum, Geology and Geophysics:

“We have to state that our institute possesses significant experience in analysing the results of licence obligations fulfilment for many companies in West and Eastern Siberia.

We rarely saw such efficient results as those achieved by OOO Allianceneftegaz (Imperial Energy). In fact the company discovered a completely new oil bearing region in the South of Tomsk region allowing perspectives for oil and gas production growth”.

9. Accordingly Imperial is progressing as quickly as possible towards registering its Russian Reserves and although this is an understandably formal and lengthy procedure expects material increases in due course as it moves towards its significant targets.


10. As a company working in Russia, Imperial recognises the importance of Russian Registered Reserves and intends in due course to move to duality of reporting with appropriate explanations as to the differences in standards and the mechanics of, as the case may be, estimation and registration.


11. Imperial has appointed D & M to perform its standard annual reserves report of its interests in Russia with an effective date of 31 December 2007. D & M’s data collection work starts in October and D & M are already performing an in-depth field development study of Imperial’s large Festivalnoye field which is proceeding most satisfactorily.

12. Imperial is pleased to assist the Ministry in any way regarding this or any other matter and looks forward to resolving any valid issues if indeed there are any.

ist was dran? die anschuldigungen sind ja bereits zum zweiten mal.

[krasnijoktjabr]

man sagt doch: wo rauch ist, ist auch feuer.

vielleicht wird die glut von einem 'großen anheizer' geschürt, der unsere anteile will.

[labfab]

Imperial Energy. Снижение прогнозируемой цены с учетом рисков
24 июля 2007

Мы понизили нашу прогнозируемую цену акций Imperial Energy (IEC) на конец 2007 года на 26% – с $42.3 до $31.2, оставив в силе рекомендацию \"Покупать\". Наша новая прогнозируемая цена основана на пересмотренных оценочных коэффициентах, применяемых к запасам компании категорий 1P/2P. При этом мы используем объем запасов, подтвержденный западными аудиторами, который, на наш взгляд, не будет изменен под давлением Росприроднадзора. Мы считаем, что понижение оценочных коэффициентов объективно отражает риски, присущие самой компании и ее акциям, которые по-прежнему испытывают давление, несмотря на сильные производственные результаты IEC с начала этого года. Мы по-прежнему считаем бумаги IEC привлекательным объектом инвестиций в российский сектор растущих нефтяных компаний, учитывая крайне низкую стоимость и высокие прогнозы роста добычи в краткосрочной перспективе. Мы также считаем, что повышенная волатильность акций IEC в ближайшее время может стать хорошим моментом для покупки

aton rät zum nachkaufen bzw. einsteigen.

kurfristige kursziel wurde gesenkt.

[Kusoke]

Im Grunde sind die jetzt wirklich spottbillig. ich überlege, ob ich jetzt wieder einsteigen soll oder erst mal den streit um die bewertung der reserven abwarten soll...

Kusoke

[labfab]

Imperial Energy. Успех геологоразведочных работ подтверждает качество активов компании
4 сентября 2007

Компания Imperial Energy подтвердила наличие залежей нефти на двух недавно завершенных разведочных скважинах – объем запасов должен быть подтвержден и отражен на балансе к концу 2007 года. IEC по-прежнему выполняет график исправления нарушений, установленный на заседании комиссии Роснедр в июне. Поставки нефти по завершенному недавно трубопроводу, соединяющему месторождения IEC с инфраструктурой \"Транснефти\", должны начаться в III квартале 2007 года, а результаты геологоразведочных работ и промышленной добычи в 2007 году могут привести к повышению оценки запасов компании. Мы ожидаем, что наращивание темпов добычи в 2007 и 2008 годах позволит закрыть разрыв в оценке запасов компании по международным и российским стандартам, которые в настоящее время, на наш взгляд, оцениваются необоснованно низко на уровне $1.2/брр. запасов категории 2P. Мы повторяем рекомендацию \"Покупать\" акции Imperial Energy, прогнозируемая цена на ближайшие 12 месяцев – $31.2, что подразумевает очень привлекательный потенциал роста.

bei derzeitiger mk sind die reserven gerade mit 1,2$/b bewertet, also 0,87€ für ca. 159l Öl - zu dem preis würde ich gerne Tanken.

[Petronius]

SALVE!

Willst du Info über Imperial Eenrgy, guckst du da:
http://oilgascoal.com/index.php?option=com_content&task=view…

Petronius

[Kusoke]

Imperial Energy. Exploration success confirms assets quality
Documents
Full version (PDF; 46,04 kB)




Imperial Energy successfully confirmed the presence of oil deposits at two recently completed exploration wells, with reserves to be confirmed and booked by end-2007. IEC remains on track to become fully compliant with Rosnedra’s June meeting notes within the allotted time frame. Shipments of oil through the recently completed Transneft tie-in pipeline should start in 3Q07, and 2007 exploration and production efforts may further lift the reserves’ estimates. We expect the strong production ramp-up in 2007 and 2008 to close the gap between Western and Russian-standard reserves, which remain, in our view, unreasonably cheap at $1.2/bbl of 2P. We reiterate our Buy recommendation with an unchanged 12-month target price of $31.2, noting the current attractive share price.

Imperial Energy successfully confirmed the presence of oil deposits at two recently completed exploration wells at the North Chertalinskoye and Nyuglinskoye prospects, located on the company’s licensed territories in Russia’s Tomsk region (blocks 70 and 85). A particularly impressive combined 68 meters of oil pay at the North Chertalinskoye prospect more than doubles the original net pay estimate, indicating a potential boost in reserves and confirming the quality of the company’s assets in the region.

The company intends to confirm and book the reserves from these exploration wells by end-2007, after fracturing and flow-testing them during September. Further on, the company spudded two more exploration wells at the end of August and plans drill a third exploration well in September, providing a solid exploration outlook for 2007 and beyond.

IEC remains on track to begin oil shipments through its recently completed Transneft tie-in pipeline in 3Q07, according to a Reuters report on the company’s press conference recently held at IEC headquarters in Moscow. IEC is currently conducting flow tests for the pipeline, while also concentrating on bringing licensing obligations in compliance with the requirements made by the Ministry of Natural Resources (Rosnedra) at the meeting in June.

The establishment of the production track record should close the gap between the Russian and Western audited reserves. After the Transneft tie-in, production is expected to rise from 2.2mbpd currently, to 10mbpd by end-2007, which is unchanged from the company’s previously disclosed plans. We also expect the 2007 E&P program to potentially increase reserves for Russian and Western classifications.

We view the current share price as an attractive buying opportunity. We reiterate our view that the company’s valuation does not reflect the quality or quantity of its reserves, and confirm our Buy recommendation, with a 12-month target price of $31.2 representing 72% upside from the current market price. All IEC’s exploration efforts have confirmed the quality of its assets. In addition, in our view, the strongly discounted valuation of the company’s quality reserves may warrant more attention from potential industry consolidators; the appearance of such a take-over candidate may become a major catalyst for the shares.

Quelle: aton.ru

Kusoke

[labfab]

Imperial Energy. Опубликовала оптимистичные производственные результаты за первое полугодие 2007 года

Компания Imperial Energy (IEC) вчера опубликовала производственные результаты за первое полугодие 2007 года. Мы считаем наиболее важными следующие моменты:
Коммерческая добыча составляет теперь 6 400 брр. в сутки;
Компания пока выполняет планы по увеличению добычи на конец 2007 года до 10 000 брр. в сутки, на конец 2008 года - 25 000 брр. в сутки, а на конец 2009 года - 35 000 брр. в сутки.
(с) Геологоразведочные мероприятия были особенно успешными в первом полугодии 2007 года - нефть была обнаружена на месторождениях Головное, Глуховское, Южное Фестивальное, Северное Черталинское и Водораздельное;
(e) Выручка от продажи нефти достигла $4.2 млн. за счет увеличения объемов реализации, что в 6 раз больше показателя за первое полугодие 2006 года. Чистый убыток составил $20.7 млн.;
Капзатраты компании составили $158 млн. На конец 2006 года у компании на балансе находились денежные средства в размере $78 млн.

Imperial Energy сообщила, что в результате контактов с Министерством природных ресурсов должен еще больше увеличиться объем запасов категории C1 и C2 и сократиться разрыв между размером запасов по международной и российской классификации.

Мы считаем данные результаты очень оптимистичными - несмотря на все трудности, компания продолжает расти быстрыми темпами и выполнять все поставленные задачи. Мы также считаем позитивным фактором успешную работу IEC по сближению запасов C1+C2 и запасов по классификации SPE.

Мы рекомендуем "Покупать" акции Imperial Energy, прогнозируемая цена - $31.2.

6400 b/day Halbjahresumsatz 4.2 mille $ - Umsatz-Steigerung ca. 600%. Ziel für 2007 10k b/day

Eigentlich sehr gute Nachrichten, aber glaube nicht daß das Ziel für 2007 erreicht wird. 8-9kb/day ist aber realistisch.

[labfab]

Imperial Energy. Планирует сформировать СП по производству природного газа с администрацией Томской области

Компания Imperial Energy объявила в понедельник о заключении соглашения с администрацией Томской области о создании совместного предприятия. Согласно подписанным документам, СП будет заниматься коммерческим использованием природного газа с месторождений компании, находящихся на территории области. Дочерняя компания Imperial Energy станет владельцем 74% СП, а остальная часть его капитала будет контролироваться областной администрацией.

Несмотря на отсутствие детальных финансовых прогнозов, которые в потенциале могут повлиять на нашу оценку стоимости компании, мы считаем соглашение с региональной исполнительной властью положительным событием для Imperial Energy, так как необходимость улавливания и использования природного газа становится одной из важнейших задач для российских нефтяных компаний. Тот факт, что Imperial смогла найти способ использования добываемого природного и попутного газа до начала полномасштабной коммерческой добычи вновь подтверждает наше заключение о грамотном управлении компанией. Мы также считаем данную новость очередным подтверждением прочной поддержки Imperial Energy в регионе.

Мы рекомендуем "Покупать" акции IEC, прогнозируемая цена на ближайшие 12 месяцев - $31.2.

Von Tomskii Gebiet (26%) und Imperial Energy (74%) wurde eine neue gemeinsame Gesellschaft gegründet. Gesellschaft-Schwerpunkt: Marketing / Gas Verkauf.

Imperial Energy wird langsam beliebter.

[Asynchronmaschine]

irgendwann wird das teil explodieren
manchmal dauert es halt

[labfab]

Antwort auf Beitrag Nr.: 31.641.714 von Asynchronmaschine am 18.09.07 11:40:57

dauerts aber nie lange

Imperial Energy. ГКЗ подтвердила часть запасов компании.

Die vorhandenen Reserven wurden teilweise von der Rohstoff-Staatskommission bestätigt.

[labfab]

Imperial Energy. Опубликовала оптимистичные результаты трехмерной сейсмической разведки на ключевом месторождении

gute Ergebnnisse über Ressourcen-Einschätzung.

[labfab]

Imperial Energy. Начала поставки в систему "Транснефти"; добыча выросла до 8 500 брр. в сутки

- Lieferung ans Transneft begonnen.
10 k bpd -Ziel zum Jahresende wird hochwarscheinlich nicht erreicht.

[labfab]

Imperial Energy. Анонимный инвестор намерен приобрести 25% акций компании по цене ниже рыночной


Gerüchte : ein unbekannte Inverstor möchte 25% Aktienanteil erwerben

[Kusoke]

Imperial Energy. Confirms Gazprombank is bidding for 25% stake
Imperial Energy (IEC) confirmed that Gazprombank is the bidder for a 25% stake in the company. IEC said Gazprombank proposed to subscribe for new IEC shares at a discount to the market price as of November 1.

The company has yet to announce its decision on the proposal.

We note the bid from Gazprombank should be positive for the stock, as a strategic partnership with Gazprombank (effectively Gazprom) would diminish the risks stemming from the company's long-lasting conflict with Rosprirodnadzor, the state environmental watchdog. Even made at below-the-market price, the deal could trigger a revaluation of the stock and remove the artificially created valuation discount of the company's reserves.

We maintain our Buy recommendation for IEC and 12-month target price of $31.2 (£14.9).

Quelle: aton.ru

Kusoke

[labfab]

imperial energy wird zum ein teil von gazprom - mafia in russland
erstmal nimmt dadurch die wahrscheinlichkkeit ab, daß imperial im gegensatz zu yukos vom mutter russland enteignet wird.

[labfab]

Kommission schätzt Vorräte auf Ölfeld von Imperial Energy in Sibirien höher ein
16:21 | 03/ 08/ 2007



MOSKAU, 03. August (RIA Novosti). Russlands Staatskommission für Vorkommen hat die erkundeten Vorräte des britischen Unternehmens Imperial Energy auf dem Ölfeld Golownoje im sibirischen Gebiet Tomsk offiziell bestätigt.

Das teilte der Pressedienst des Unternehmens mit.

Das Vorkommen Golownoje ist erst vor kurzem entdeckt worden.

Das Unternehmen D&M hatte mit dem internationalen System SPE nur geringfügige Vorräte auf dem Ölfeld festgestellt. Laut russischer Klassifizierung verfügte das Vorkommen Golownoje über keine Vorräte.

In der Pressemitteilung des englischen Unternehmens heißt es jedoch, dass die jüngste Schätzung der russischen Staatskommission viel höher als die von D&M sei. Nach der russischen Klassifizierung liegt der reine Anteil von Imperial an den registrierten förderbaren Vorräten bei 9,4 Millionen Barrel (1,3 Millionen Tonnen). Laut D&M sollten es nur 2,3 Millionen Barrel (315 000 Tonnen) sein. Die von der Staatskommission bestätigten Vorräte sollen den Berechnungen des englischen Unternehmens entsprechen.

Derzeit beantragt das Unternehmen eine Lizenz für die geologische Erkundung und Förderung der Bodenschätze auf diesem Vorkommen.

Die Lizenz für dieses Vorkommen gehört einer Tochter von Imperial Energy, Sibinterneft. Imperial Energy besitzt 47,5 Prozent an dem Unternehmen und ist Betreiber des Ölfeldes.

[labfab]

möglicherweise werden Aktien von RIG (Rus Imperial Group) auf AIM London platziert.

[labfab]

Imperial Energy Provides Russian Reserves Update

Friday, January 25, 2008

For the calendar year 2007, Imperial’s total Russian registered hydrocarbon reserves increased 229% to 372 mmboe.

In 2008, Imperial plans further applications on Imperial’s newly discovered fields. Combined with applications to upgrade reserves on existing fields, Imperial anticipates that its Russian registered reserves will achieve parity with its independently audited SPE reserves by the end of 2008 and will continue to grow into the future.

At present Imperial’s Russian registered reserves include oil, gas and condensate while SPE reserves only include oil estimates. As previously announced, Imperial has asked the international reserves auditors DeGolyer and MacNaughton to report for the first time, on an SPE basis, on Imperial's gas reserves in selected fields at the same time as updating Imperial's oil reserves, with an expected report publication date of Spring 2008.

The current Russian registered Reserves of 372 mmboe, represents 46% of Imperial’s current reported total of 802 mmbbls 2P SPE reserves. These Russian registered reserves have yet to take into account reserves in sections in a number of fields which are to be tested later this year and where Imperial is confident of positive results.

SNEZHNOYE FIELD
Russian C1 and C2 hydrocarbon reserves in this field grew by 428% from 15.8 mmbbls to 83.7 mmboe. The 2P SPE reserves for that field are currently 101.3 mmbbls.

MAISKOYE FIELD
Russian C1 and C2 hydrocarbon reserves in this field grew by 52% from 58.4 mmbbls to a total of 88.8 mmbbls reflecting increased development. Reported 2P SPE reserves on this field are currently 72.6 mmbbls.

NORTH FESTIVALNOYE
New Russian C1 and C2 hydrocarbon reserves of 58.8 mmboe were awarded at this new discovery from just the Yu-16 section. There were previously no Russian registered reserves. The current 2P SPE reserves for such field are estimated at 127 mmbbls which includes other sections in the field where testing will take place prior to application for further Russian registered reserves.

VODORAZDELNOYE FIELD
New Russian C1 and C2 hydrocarbon reserves of 22.3 mmboe were awarded at this new discovery for just the Yu-7 section with other sections still to test. There were previously neither Russian registered reserves nor currently are there any reported 2P SPE reserves.

TAMRATSKOYE FIELD
New Russian C1 and C2 hyrdrocarbon reserves of 23.6mmbbls were awarded at this new discovery for just the Yu-1 section. There were previously no Russian registered reserves at this field and there is currently only a minimal amount of reported 2P SPE reserves ( 3.4 mmbbls).

[Kusoke]

Imperial Energy Reserve and Operational Update
Friday, March 07, 2008

Imperial Energy announces the results of an updated reserve report from its auditors, DeGolyer and MacNaughton (“D & M”) estimating SPE reserves as at 31 December 2007 at Imperial’s fields in Tomsk, Western Siberia, Russian Federation. Imperial also provides an operational update.

HIGHLIGHTS

Reserves
• 2P oil and gas net reserves rise to 920 million boe from 17 of Imperial’s Tomsk region fields
- 2P oil net reserves increase to 863 mmbbls (as at 31.12.06: 802 mmbbls)
- New 2P gas net reserves of 56 million boe (as at 31.12.06: nil)
• 3P aggregate net reserves improve to 3.4 billion boe (as at 31.12.06: 3.3 billion bbls) of which 3.3 billion bbls is oil
• Russian Registered Reserves targeted to reach parity with SPE standards by end 2008

Sibinterneft Extension of Licences
• All exploration licences for Block 74, Tomsk Region, now extended by Russian Ministry of Natural Resources for a further two years from April 2008

Kazakhstan
• Oil identified in Kazakh exploration well with drilling continuing

Operational
• 1st quarter production lower than anticipated due to poor February but now increasing with year end production target remaining at 25,000 bopd.
• Maiskoye new discovery
• South Maiskoye very successful frac results
• Both existing pipelines working well and flowing oil to Transneft
• New pipeline construction east of the Ob River on track with 91 kms already trenched and 870 metres of the 1.2 km Ob River crossing already drilled

Rus Imperial Group (“RIG”)
• Strategic options continue to be considered
• RIG now autonomous group within Imperial
• Imperial’s frac company transferred to RIG group


D & M Report
The independent reserve auditors DeGolyer and McNaughton (“D & M”) have completed their annual review and updating of hydrocarbon reserves as at 31 December 2007 (“the cut-off date”) for Imperial’s interest in the Tomsk Region, Western Siberia, Russian Federation.

The Russian Ministry of Natural Resources has this month extended all exploration licences owned by Imperial’s OOO Sibinterneft, for a further two years from April 2008 at which time they were due to expire.

This means that all of Imperial’s exploration licences in the Tomsk Region have now been extended for two years, sufficient for Imperial to further explore and register new discoveries in due course, proceeding then to convert these discoveries into long term production licences.

Imperial has a net 47.5% interest in OOO Sibinterneft with effective management and operational control.

Kazakhstan
Albeit behind schedule due to difficult geological conditions and mechanical breakdowns combined with unusually harsh weather conditions, drilling of the new exploration well at Imperial’s North Torgai property continues.

Whilst at an early stage, and notwithstanding testing is yet to take place, oil has already been identified from cuttings and logs in a 15 metre section which was compromised in the top most zone considered by Imperial’s geologists to have potential.

Drilling is now continuing to the other sections of potential with increased optimism taking into account that, whilst at an early stage, the oil section already identified demonstrates a trap considered by Imperial prior to drilling to be one of the main issues affecting exploration prospectivity at this property. It is now projected that the results of this well will be available by the end of May 2008.

The report of D & M does not currently take into account any reserves relating to Imperial’s Kazakhstan interests.

OPERATIONS

Production
Whilst the Group’s year end exit production target of remains at 25,000 bopd, unanticipated technical and logistical issues impacted production in February and at the beginning of this month. As a consequence average production for the first quarter is anticipated to be in the region of 8,000 bopd.
At the Maiskoye field, production rates from the horizontal wells declined more than expected due to well-bore damage in the horizontal sections currently analysed to be caused by sand and fines accumulation in the near well-bore and screen area of the horizontal sections. These horizontal wells have not been fracced and are producing just on pumps. Notwithstanding the lower than projected production, Imperial strongly considers the reduced productivity as transient, part and parcel of oil field development carried out in an expeditious manner. There is no issue with reservoir properties in Maiskoye and no reserve impact.

Initial traditional well-bore cleaning has demonstrated a pick-up in rate and Imperial is now expecting imminently a modern coil tubing unit on the field with a nitrogen lift system to expedite and maintain a consistent clean up program. The coil tubing unit, which will reside at the field, will also be used to re-perforate the horizontal liners in the well in order to re-establish communication with the undamaged reservoir. A water injection scheme to maintain pressure support will be implemented as part of the normal development plan.

With these transient issues now being largely addressed production should achieve more than 10,000 bopd in April and is anticipated to maintain upward momentum thereafter towards the year-end target rate as more wells and fields come on stream and field maintenance and support increase in their effectiveness.

Maiskoye new discovery
In the new well, Maiskoye 205, for this first time at this field, very promising Paleozoic oil bearing sandstone has been identified which wire-line logs show to have very high porosity and permeability. This section, not taken into account any of Imperial’s reported reserves, will be tested shortly and if successful will be registered with the Russian authorities in respect of additional reserves and produced with future wells at Maiskoye being drilled to this horizon.

South Maiskoye
The new South Maiskoye well has been fracced with very successful results and more appraisal wells are planned for this field with a link up to the main Maiskoye field facilities through a 16 km pipeline planned to be commissioned in the second half of 2008.

Pipelines
Imperial’s two existing pipelines continue to operate successfully and flow oil direct into the Transneft system through Imperial’s own tie-ins.

Work on the Company’s new 152 km pipeline east of the River Ob is continuing on plan. Over 91 kms have been trenched and 870 metres of the 1.2 km Ob River Crossing has so far been drilled. First oil remains targeted to flow through the pipeline to Imperial’s Zavyalovo station in September.

Rus Imperial Group (“RIG”)
Strategic options for RIG are still being reviewed. To place RIG in the most flexible position, RIG is now an autonomous group within Imperial and also houses Imperial’s ownership in its fraccing company, Imperial Frac Services. This means that RIG now provides drilling, work-over and frac services.


Kusoke

[Kusoke]

Bei den News versteh ich nicht, dass Imperial noch so schlummert. Mit Dragon hab ich schon soviel Kohle gemacht und die hören nicht auf zu steigen, aber Imperial???
Naja, Grund zum Nachlegen gibts allemal, auch wenn der letzte Monat mies gelaufen ist...

Kusoke

[Kusoke]

Stellungnahme von ATON zur obigen PM:

Our view: We view the news as another positive for Imperial, as the reserves upgrade once
again highlights the high quality of its reserve base, while progress with the Russian
registered reserves suggests and end to the Rosprirodnadzor conflict. We believe the
disruptions in February production will prove to be short-lived and should not affect the
company’s ability to meet its full-year target.
Conclusion: Imperial Energy is among our top picks in the oil and gas universe. Our
recommendation is Buy; our 12-month target price is $36.9 per share.

Kusoke

[Kusoke]

Imperial Energy lifts Russian reserves
Hemscott, 17/03/08 11:35

The oil explorer wins a key political victory as Russian authorities approve significant new reserves in western Siberia.

Imperial Energy said it had increased reserves under the Russian standard by 15% to 432 million barrels equivalent after the industry regulator had signed off the firm's South Maiskoye field, in the Tomsk region of Siberia.


The company booked 59m barrels of recoverable C1 and C2 oil for the Tyumen horizon of the Maiskoye field. That was higher than the 25.7m barrels for Tyumen that were included in the latest update from industry body the Society of Petroleum Engineers (SPE), which uses the western 2P reserve standard.


The field, which was only successfully tested in December 2007, is close to the producing Maiskoye Block 70 and is therefore near infrastructure. It previously had no Russian-registered reserves associated.


Further upside lies from the site may come from the company's Vasyugan reservoir, which management is confident will test successfully.


"This rapid move from creating 2P reserves and then obtaining registration of Russian registered reserves highlights Imperial's ability to navigate and progress within the Russian system," Nathan Piper, an analyst at RBC, told clients.


Imperial has targeted increasing its Russian-approved reserves towards parity with the current SPE reserves of 863m barrels of oil by the end of the year, or 920m including gas fields. Russian-booked reserves now stand at half the total.


"We view this announcement as highly significant, once again confirming our view that Imperial will comfortably meet its target of registering 900m barrels of 2P reserves with the Russian government by year end 2008; and the company’s existing 2P reserves, as audited by DeGoyler & McNaughton remains conservative," said the team at Merrill Lynch, which repeated "buy" advice.


Other analysts said that, while today’s update provides early confidence, the more important update will come at the company's full-year results in mid-April. Following a recent production setback, Imperial will be expected to give a comprehensive update on its West Siberian assets, and its overall funding position.


"In particular, we will be looking for an update on the techincal issues with some of the Maiskoye horizontal wells, but overall, we believe the asset base remains robust and while the end year 2008 target of 25kbopd is challenging, it is still achieveable," said house broker ABN Amro, which kept a "buy" rating.


Merrill Lynch reiterated a £24 price target on Imperial shares, telling clients its key investment themes were: "an expectation of material reserve and production guidance upgrades; and (2) a view that Imperial will successfully harmonise its Russian registered and western standard reserves by year-end 2008, enabling thecompany to close the steep company-specific political risk discount associated with the stock."



Kusoke

[Zockempire]

Antwort auf Beitrag Nr.: 33.670.926 von Kusoke am 18.03.08 12:53:12

Imperial Energy ist auch so ein Energie-Stock, der weit unter dem Radar fliegt, glaube ich.

Die Bewertung ist doch nur ca. 1,55 $ je boe, wenn ich mich nicht irre.

Wieviel bleibt da pro verkauftem bbl netto hängen, weisst du das bzw. hast du eine Schätzung Kusoke`?

[lustigerbalu]

Antwort auf Beitrag Nr.: 33.671.053 von Zockempire am 18.03.08 13:02:53

Börsen brief unter 13 Euro kaufen

[lustigerbalu]

Antwort auf Beitrag Nr.: 34.162.627 von lustigerbalu am 23.05.08 21:00:18

Es eigentlich noch jemand hier?

[Kusoke]

Exploration Update
02/06/08
IMPERIAL ENERGY CORPORATION PLC
(“Imperial”)

EXPLORATION UPDATE

IMPERIAL’S FIRST NEW DISCOVERY EAST OF OB RIVER


 Kiev Eganskoye vertical well 361 - successful discovery in the Cretaceous section
 Substantial 1,575bopd free flowing rate
 No previous SPE or Russian Registered Reserves in the tested section
 Drilling continues to primary objectives


Imperial, the FTSE 250 energy company, today announces the first new oil discovery on the Company’s Kiev Eganskoye field, East of the OB River, Tomsk region, Russian Federation.

The Kiev Eganskoye vertical well 361 was spudded on the 3rd of May 2008 on Block 80 on the right bank of the Ob river and has encountered and cored 7 m oil bearing B8 (Cretaceous) sandstones at a depth of 2278.3m.

The well is being drill stem tested and is currently free flowing without stimulation or pumping at a rate of 1,575 barrels per day. This reservoir was not the Company’s primary objective and drilling continues to target the deeper B10, Jurassic and Paleozoic sands. Importantly there are no SPE or Russian Registered Reserves for the Lower Cretaceous section and Imperial intends to apply for registration of Russian category of C1+C2 reserves in the course of the current year.

The discovery is in the B8 sands from the Lower Cretaceous which extends for 5 km to the east of the main structure, where log data in an old Soviet exploration well show the B8 reservoir to be 5m thick and also oil bearing. Seismic data shows the B8 sand to be continuous over at least an area of 5km by 3km on the north east of the Kiev Eganskoye field. The extent of the B8 sands in the southern part of the field will be tested by exploration drilling this year. Based on a recent 3D seismic survey conducted by Imperial and data from older Soviet wells, this B8 sandstone is part of a suite of Lower Cretaceous sandstone layers (B4 –B10) which are tens of meters thick and may also be oil bearing.

Imperial is currently in the process of batch drilling 5 wells on the Kiev Eganskoye field with three heavy duty rigs including the Company’s recently purchased rig 502. 14 further wells are planned to be drilled on the field this year.

In April 2008 Imperial completed the first ever pipeline East of the Ob River. The 152km pipeline, connects Imperial’s Block 80 to its existing Zavyalovo Custody Transfer Station and unlocks the field’s reserves and production potential. First oil through that pipeline is targeted for autumn 2008.
2 June 2008
Enquiries:
Imperial Energy Corporation PLC



Klar ist noch jemand hier
Ich schreib nur selten was

Kusoek

[Kusoke]

Imperial Energy shares jump on bid news [at Financial Times]
By ToShelley

| | |


Shares in Imperial Energy (LSE: IEC.L - news) soared on Monday morning as the London-listed developer of Russian oil reserves confirmed it was (Advertisement)

the subject of a takeover approach.

The brief statement came after the Times (1832.HK - news) of India reported that ONGC, the Indian state-run oil group, had made an offer for Imperial.

Tony Alves, oil analyst at Peel Hunt, said Russian reserves tended to be valued at $2 to $2.50 a barrel in transactions. With Imperial having booked reserves of about 920m barrels, that would value the company at £10.50 to £12.75 a share.

The shares jumped almost 30 per cent to £10.00 in London following the news.

Imperial's share price rose strongly in June after an exploratory well in the Tomsk region pumped more than 1,500 barrels a day and analysts said the drilling success could lead to a 50m barrel addition to the company's reserve base.

The rise followed a sharp drop in April when the company announced a deeply discounted rights issue to raise $600m to fund field developments and pay off debt.

At the end of last year Imperial was producing 10,000 barrels a day in Western Siberia, however, it is targeting 35,000 b/d by the end of 2009.

Mr Alves said he was "a little bit sceptical" about the prospects for a deal with ONGC, not least because of the latter's reputation for long-windedness, due to the weight of bureaucracy and political oversight.

That said, India had retained good relations with Russia so a deal might not face obstacles in Moscow.

Kusoke

[Kusoke]

Imperial Energy (Hold)
Price: USD 20.9
Price target: USD 23.4 Bloomberg: IEC LN

Production license granted for part of block 74

Topic: Imperial Energy announced it received a production license for the Golovnoye field
(part of block 74) and is continuing to explore the remaining portions of the block. In addition,
further exploration efforts on block 80 (right bank of the Ob River) appear to confirm the
previously disclosed discoveries, with strong hydrocarbon showings in formerly untapped
horizons.
Our view: We see the announcement as largely neutral for the stock, whose share price is
currently more driven by ongoing reports of a takeover. The news supports the idea that
Imperial owns and develops an attractive collection of new hydrocarbon bearing assets, with
potential for further upgrades to reserves and a strong production ramp-up profile. At the
same time, we believe the operational news flow, while supportive of the current premium-tomarket
valuation, will remain largely irrelevant to the share price performance (unless a
significant discovery is made).
Conclusion: We reiterate our Hold rating for IEC and our 12-month target price of $23.4,
which is 8% below the confirmed offer extended for the company and 12% above yesterday’s
close.

[Kusoke]

Übernahmeangebot: das Zweite

Imperial Energy (Buy)

Price: USD 21.2
Price target: USD 23.4 Bloomberg: IEC LN

Sinopec aims to buy IEC, needs to outbid ONGC: positive for the stock

Artem Konchin
Equity Analyst (UniCredit Aton)
[phone]
[e-mail]
Pavel Sorokin
Equity Analyst (UniCredit Aton)
[phone], ext. 3123
[e-mail]

Topic: Chinese’ Sinopec has joined the race to buy out London-listed and Tomsk-based

Imperial Energy, Kommersant writes today, citing The Daily Telegraph. Imperial is already being
targeting by India’s ONGC, which has conducted due diligence and is expected to make a
formal offer this week.
Our view: We view the development as strongly positive for the stock, which continues to trade
at a 16% discount to the pre-disclosed initial bid of ₤12.9 ($25.3) per share. Any offer submitted
by the Chinese would have to exceed the initial proposal, and should provide a further boost to
the share price.
Despite the initial proposal being close to our estimated fair value for the company, we note that
Imperial Energy has recently announced additional discoveries on the Block #80 (right side of
river Ob), where exploration and development is currently ongoing in a region where few
previous discoveries have been booked. As such, the still non-public reserves data may provide
the company with further arguments to support a higher valuation during takeover negotiations.
With Sinopec joining the race for Imperial, a bidding war between the two resource-hungry state
companies could lead to a rising buyout price, directly benefiting minority investors.
Conclusion: We reiterate our Buy recommendation for IEC shares and 12-month target price
of $23.4.

Kusoke

[Kusoke]

Imperial Energy (Buy)
Price: USD 22.3
Price target: USD 23.4 Bloomberg: IEC LN
Management recommends accepting ONGC ₤12.5/share offer – neutral

Topic: Imperial Energy announced yesterday that its board reached an agreement with
ONGC Videsh and recommends accepting the Indian company’s buyout offer of ₤12.5
($24.5) per share, 5% above our target price. The offer values IEC at $2.4bn.
Our view: The news was generally expected by the market, and had little effect on the
stock’s performance throughout the day. Nevertheless, the virtually guaranteed buyout price
is a strong support for the stock, which is evident from its recent performance. As a result,
IEC shares have been largely immune to the recent market volatility. We see the chance of a
higher bid materializing in the near future as diminishing, as the company stated that no other
credible offer is currently on the table. We thus recommend investors accept the offer, which
is priced a 62% premium to the stock price prior to the acquisition announcement and over a
30% premium to the weighted average following the May rights issue. In addition, we note
that the performance of a number of Russian independent names remains supported by
external factors, such as potential and real M&A deals and interest from strategic investors
(Sibir Energy, West Siberian Resources). Such support may allow these stocks to outperform
the market and reduce volatility.
Conclusion: We plan to revise our coverage of IEC pending the finalization of the deal’s
structure. We reiterate our Buy recommendation for IEC and 12-month TP of $23.4, but note
that that the stock has already reached TP.


Kusoke