what has happened .. my post above in February 2018 seems like a...

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greenleaf

3,665 Posts.

207

09/08/18

18:26

Post #: 34841040
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Originally posted by greenleaf ↑

Thanks for the direction to website. I appreciate this coming over my desk as well!

To hear the report in the Company's voice is heartening and to hear all the questions asked by the Institutional Investors.. when answered with a little bit extra news than in the written reports - information and body language. The institutional investors replied "Great.. thank you" on three occasions - but who's counting.

SEH are selling every drop and being approached/encouraged to increase production at all facilities, while ascertaining their ODP to allow production commercialization. ODP is being made easier to allow these Gas Companies an easier road to commercialization. Once ODP is granted, typically in China, commercialization and return happens in the given time of SEH of 2020.

SEH is in transformational year. 2018 will be trimming low hanging fruit to gain cheaper drilling costs, following on from the reduction in drilling costs in 2017. SEH Average drilling being 23 days to drill. SEH has performed the last 2 drills in 11 & 14 days. Granted SEH acknowledges that this is only 2 drill holes but they have goals of reducing that to 10 days for each drill hole. They acknowledge that their knowledge in drilling is increasing and they are faring way better and will continue to do so. Their drilling contractors are the "top notch" drillers.

SEH are in a great position, well head pricing rising and drilling costs reducing. All amounting to .. as stated " strong cashflow positive in 2020".

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what has happened .. my post above in February 2018 seems like a total fabricated story told to me through the eyes of the directors of SEH. How else would I have obtained such fanciful information that is not considered worth much 25 cents for goodness sake. Not worth holding onto a company to bring forth production, income and huge growth and that was for 2020. What is needed SEH to go the extra step 2020 -1.5 - 2 years tops.
stunned and stupified SEH.
Yes, expect reply, done and dusted from others. I'll be kicking and screaming all the way!

SEH Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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