Tips for 2022

[Tymeric]

Just a thread for anyone to post 1 energy Company that they think might do well this year, and briefly why.

Here's one

Deltic Energy DELT (ex Cluff Natural Resources)

Price 2.2p
Mkt Cap £31M

Awarded a few licences in the central and southern North sea. Mostly gas prospects. Both Shell and Capricorn (Cairn) seem
keen on these areas having both farmed in. Shell firm to drill one well mid year, possibly two, and Capricorn have already done a 3D survey.
Roughly £11M in the bank and no current debt?.

https://www.delticenergy.com

PS. Entries still open for http://www.stockchallenge.co.uk/ just
(Close early tomorrow morning)

[BullDog]

Thanks. Haven't the green lobby, via the government both in Scotland and Westminster effectively signed the death warrant of the UK O&G industry? (Quite stupidly so IMO, but that's politicians for you).

[SKYSHIP]

I wrote the story below on TRIN back on 17th October. Rather badly timed as it turned out as they are now 17% cheaper and available at 128p! I've made it my Tip for 2022 on my JDT thread over on ADVFN.

I believe they are seriously good value, especially as:

# they are a producing company at a time of rising oil prices
# they have plenty of cash to exploit the many projects available to them
# the Trinidad government is keen to promote their hydrocarbon industry

===============================================================

Trinity Exploration & Production (TRIN:155p), is an oil/gas exploration and production company in the highly productive region in and around Trinidad and Tobago (“TT”). With substantial onshore assets funding both onshore and offshore exploration, TRIN has a large number of ongoing projects nearing development. The Company has plenty of cash to fund development; and this year’s strength in oil/gas prices promises to double operating profits from existing production.

The TT government is highly supportive of the hydrocarbon industry as they wish to develop the tax base as swiftly as possible, whilst providing every incentive to both existing and new players.

If you have access to Cenkos reports, then do read there. They target an sp of c350p.

For background facts I could paraphrase Simon Thompson’s (IC) articles, but surely better just to read the Company’s detailed update of 14th October (see Advfn link below) and read through the website presentations:

https://uk.advfn.com/stock-market/londo ... n/86281016
https://trinityexploration.com/investor ... entations/

Throughout your research keep a particular eye on the “Galeota” prospect which now has 2C reserves of 31.06 mmbbls. A Farm-down to bring in a partner with deeper pockets starts next month; targeted for completion within 6-9 months. Personally I expect a rather quicker result as their relationship with Cairn Energy surely makes them the logical partner.

TRIN has a MCap of a mere £61m; has £15m in Cash; has prospects galore which are approaching development at a time when prices are rising and the World, inc. the Green Lobby, is aware that hydrocarbons will have to be with us for decades to come.

IMO TRIN are seriously under-valued; and even at double today’s price they would still be a VALUE play in the oil/gas sector.

[pje16]

Just a thread for anyone to post 1 energy Company that they think might do well this year, and briefly why.

Here's one

Deltic Energy DELT (ex Cluff Natural Resources)

Price 2.2p
Mkt Cap £31M

Awarded a few licences in the central and southern North sea. Mostly gas prospects. Both Shell and Capricorn (Cairn) seem
keen on these areas having both farmed in. Shell firm to drill one well mid year, possibly two, and Capricorn have already done a 3D survey.
Roughly £11M in the bank and no current debt?.

https://www.delticenergy.com

and as of today they are 3.7p
many thanks for that post