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Saffron Energy (SRON)     

Bullshare - 24 Feb 2017 15:09

Anyone taken a punt on this stock, which floated today?

dreamcatcher - 24 Apr 2017 16:24 - 48 of 67

Good, recovering the 5% odd loss today.

Bullshare - 02 May 2017 14:57 - 49 of 67

The Shares and AJ Bell Media events have brought together 1,000’s of investors with hundreds of listed companies and funds    The line-up for our next event  on Wednesday 24 May 2017 includes presentations from The Merchants Trust Plc  and Caledonia Mining Corporation, with more companies to be announced.

Places at this event are very limited, so register now for your free ticket.

Who Should Attend?

The evening is a perfect opportunity for existing shareholders or potential investors to hear from those that matter, the directors running the companies and fund managers managing their fund. Who better to explain the future potential and strategy. 

Date:

Wednesday 24 May 2017

Venue:

Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR

Event Timings:
18.00 
Registration and coffee
18.30 
Presentations
• Maurice Mason, VP - Caledonia Mining Corporation (CMCL)
• David James Sumner, CEO - Healthperm (HPR)
• Michael Masterman, Chief Executive - Saffron Energy (SRON)
• Simon Gergel, CIO UK Equities - Allianz Global Investors & Manager - The Merchants Trust PLC
+ More to be announced
20.30 
Drinks reception and canapés
21.30 
Close
Caledonia Mining Corporation (CMCL)
Caledonia Mining Corporation (CMCL) 

Caledonia is an exploration, development and mining company focused on Southern Africa. Caledonia's primary asset is a 49% interest in the Blanket Mine in Zimbabwe which produced over 45,500 ounces of gold in 2013 at a cash cost of US$613/oz. Caledonia has a strong, experienced management team and Board of Directors with diverse expertise in gold production, exploration, mine development, finance and marketing.

Healthperm (HPR)
Healthperm (HPR) 

Healthperm was founded with the objective of addressing the acknowledged shortage of permanent nurses in the healthcare systems in the UK and the UAE, through the recruitment of experienced professionals from the Philippines. The Board believes that Healthperm has the potential to provide both capital growth and income through dividends for shareholders.

Saffron Energy (SRON)
Saffron Energy (SRON) 

The Group’s corporate strategy is to grow the production of gas and operations at its 3 core gas fields: Sillaro, Bezzecca and Sant’Alberto at a low-cost relative to other oil and gas companies, providing the basis for future shareholder value creation.

The Merchants Trust PLC
The Merchants Trust PLC 

Established in 1889, the Merchants Trust PLC aims to provide its shareholders with an above-average level of income which increases over time. The trust is managed by Simon Gergel, Chief Investment Officer, UK Equities at Allianz Global Investors.

Sponsored by:
AJ Bell Youinvest
PrimaryBid

dreamcatcher - 02 May 2017 19:24 - 50 of 67

BOD should put out some note/news regarding the sp . The company is starting to lose credibility ..Sp falls day after day.

dreamcatcher - 08 May 2017 09:13 - 51 of 67

1 trade in an hour and a quarter.

dreamcatcher - 09 May 2017 17:53 - 52 of 67

A big seller still in the background. If the company gave some news, these shares would be bought up.

dreamcatcher - 11 May 2017 15:52 - 53 of 67

12% rise :-)) thought my fingers and toes were going to get burnt.

dreamcatcher - 11 May 2017 17:17 - 54 of 67

dreamcatcher - 12 May 2017 07:08 - 55 of 67

Bezzecca commercial production begins.
RNS
RNS Number : 9377E
Saffron Energy PLC
12 May 2017
 
 
12 May 2017
 
Saffron Energy Plc
("Saffron" or "Saffron Energy" or the "Company")
 
Bezzecca commercial production begins. Testing now complete.
 
 
Saffron Energy plc (AIM: SRON), the natural gas producer with interests in northern Italy, is pleased to announce that testing of the primary production layers from the Bezzecca well is complete and production planning has been finalised. The initial plan now is to operate all three levels with an estimated combined flow of 30,000-35,000 cubic meters per day (scm/day). Steady commingled production will be achieved through the installation of a downhole choke above the Miocene level R.
 
Level A in the Pliocene has flowed in excess of the planned production rates at stabilised flows of 20,000-25,000 scm/day and is on production. This flow rate is above the levels estimated in the CPR.
 
Level R in the Miocene has also been tested and flowed at 25,000 scm/day slightly below CPR estimates.  
 
In addition, level S was flow tested for a shorter period, and will contribute to production at around 5,000-10,000 scm/day.
 
Production will continue in level A at 20,000-25,000 scm/day up to the end of June, with production levels increasing to 30,000-35,000 scm/day from early July when levels R and S will be added, once the bottom hole choke is delivered and installed.
 
Bezzecca is located east of Milan within the established prolific, gas-producing Po Valley region in northern Italy and operated by Saffron's subsidiary Northsun Italia SPA (NSI). Gas from Bezzecca 1 is processed at the Vitalba processing plant and directly connected to the national grid, which is owned and operated by SNAM Rete Gas S.p.A. The gas is sold to Shell Energy Italia S.r.l. under an existing off-take agreement.
The Company will provide a trading update in due course to include the Group revenue and profit figures, along with updated flow rates.
 
Chief Executive Officer of Saffron Energy, Michael Masterman commented: "It's a very important achievement for Saffron to have moved into revenue producing commercial production at Bezzecca following completion of the commissioning and testing stage. Level A is now in production, producing above expected rates. We look forward to further increasing production in July when we move to comingled production from all three levels. We are also on track to bring Sant' Alberto on stream in Q4 2017 as well as actively seeking new opportunities to substantially increase revenue and production within the Group."

dreamcatcher - 12 May 2017 07:08 - 56 of 67

Bezzecca commercial production begins.
RNS
RNS Number : 9377E
Saffron Energy PLC
12 May 2017
 
 
12 May 2017
 
Saffron Energy Plc
("Saffron" or "Saffron Energy" or the "Company")
 
Bezzecca commercial production begins. Testing now complete.
 
 
Saffron Energy plc (AIM: SRON), the natural gas producer with interests in northern Italy, is pleased to announce that testing of the primary production layers from the Bezzecca well is complete and production planning has been finalised. The initial plan now is to operate all three levels with an estimated combined flow of 30,000-35,000 cubic meters per day (scm/day). Steady commingled production will be achieved through the installation of a downhole choke above the Miocene level R.
 
Level A in the Pliocene has flowed in excess of the planned production rates at stabilised flows of 20,000-25,000 scm/day and is on production. This flow rate is above the levels estimated in the CPR.
 
Level R in the Miocene has also been tested and flowed at 25,000 scm/day slightly below CPR estimates.  
 
In addition, level S was flow tested for a shorter period, and will contribute to production at around 5,000-10,000 scm/day.
 
Production will continue in level A at 20,000-25,000 scm/day up to the end of June, with production levels increasing to 30,000-35,000 scm/day from early July when levels R and S will be added, once the bottom hole choke is delivered and installed.
 
Bezzecca is located east of Milan within the established prolific, gas-producing Po Valley region in northern Italy and operated by Saffron's subsidiary Northsun Italia SPA (NSI). Gas from Bezzecca 1 is processed at the Vitalba processing plant and directly connected to the national grid, which is owned and operated by SNAM Rete Gas S.p.A. The gas is sold to Shell Energy Italia S.r.l. under an existing off-take agreement.
The Company will provide a trading update in due course to include the Group revenue and profit figures, along with updated flow rates.
 
Chief Executive Officer of Saffron Energy, Michael Masterman commented: "It's a very important achievement for Saffron to have moved into revenue producing commercial production at Bezzecca following completion of the commissioning and testing stage. Level A is now in production, producing above expected rates. We look forward to further increasing production in July when we move to comingled production from all three levels. We are also on track to bring Sant' Alberto on stream in Q4 2017 as well as actively seeking new opportunities to substantially increase revenue and production within the Group."

VICTIM - 12 May 2017 07:14 - 57 of 67

Your doubling up your posts dream , wonder if the share will double .

VICTIM - 12 May 2017 15:43 - 58 of 67

Obviously news was out yesterday and today was a sell on news day , don't think i'll invest here dream , a traders delight .

dreamcatcher - 12 May 2017 15:51 - 59 of 67

The company seems undervalued ? Keep hold and see.

dreamcatcher - 17 May 2017 20:31 - 60 of 67

20 trades all day. The company and its shares are just sitting on the fence. Would have thought the company would of got some sort of figures out by now, on the costs behind the scenes . I hope we have not been informed because they know and costs are high. Only really guessing and waiting, like the market is. Not a good message to send out, or lack of updating the market.

dreamcatcher - 17 May 2017 20:37 - 61 of 67

Michael Masterman, Chief Executive - Saffron Energy (SRON) I would of though is going to be popular at the Shares event in London on Wednesday 24 May 2017.

The company has only been trading on the AIM for about three and a half months, not good. A rare blue day today.

dreamcatcher - 25 May 2017 15:54 - 62 of 67

And down again.

dreamcatcher - 26 May 2017 20:43 - 63 of 67

Shares investor evening -


https://www.youtube.com/watch?v=4oowbZ04bEs&feature=em-uploademail

dreamcatcher - 26 May 2017 20:45 - 64 of 67

All talk, jam tomorrow.

mitzy - 29 May 2017 09:15 - 65 of 67

I might be interested at 3p a share.

cynic - 29 May 2017 09:19 - 66 of 67

looks like yet another ipo where the directors have seized the opportunity to stuff their bank accounts at the expense of mug punters

dreamcatcher - 10 Jul 2017 15:47 - 67 of 67

Saffron 104% production increase in June quarter
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