Elixir Petroleum Share Discussion Threads

[drewz] 31/3/2011 03:12

Very promising update - looks like EXR have been quietly burning the midnight oil over recent months on the Moselle data.

These 'unconventional' tight gas plays are certianly high risk, and won't be cheap to get out of the ground, if commercial, but could hold significant shareholder value if there's enough gas trapped down there.

Definitely worth a few speculative p on the share price.

[extrap] 31/3/2011 00:22

Moselle Permit project update:

[hermana3] 17/3/2011 11:27

Results to end Decemeber 2010 out yesterday. No farmout news yet from Tiger and Moselle assessment due later this year.

[extrap] 09/3/2011 23:45

March 10

Finalisation of award of new North Sea licence:

[extrap] 06/3/2011 01:39

This looks interesting in context of Moselle permit:

´ Aurelian Oil & Gas has successfully flowed tight gas in Poland using technology that has revolutionised the natural gas market in the US and could do the same in Europe´...

´The initial flow rate from Siekierki is highly encouraging. A successful long-term test could have wide implications for the European gas market, which continues to try to reduce its dependence on Russia. Werner Riding, an oil and gas analyst at broker Ambrian, says that the well "potentially opens up a new and significant source of unconventional gas in the heart of the European gas market", and expects "all of the large European utilities and gas industry players to sit up and pay attention".´

Full article:

[hermana3] 05/3/2011 22:06

Put me down for the former.

[drewz] 05/3/2011 14:08

Will anything come of this? Must be a decision in the next few weeks:

The Tiger data room will close at the end of January 2011, with any potential farmin offers to be submitted prior to the end of Q1, 2011

Also:

Netherland Sewell & Associates Inc. has been engaged by the company to provide an independent report of the resource potential of the Moselle permit and it is anticipated that the report will be completed by late Q1 2011.

Could be a very significant share price kicker. Or a damp squid?

[drewz] 09/2/2011 14:08

TD Waterhouse are the usual recommendation.

[inkunzi] 09/2/2011 13:52

Hi
Any reccomendations as to what broker i can use in the UK to trade these ?
Thanks

[hermana3] 03/2/2011 16:58

That's good news too. All to play for here once again after 3 years of hardship.

[vg2208] 03/2/2011 12:58

Web site updated to show report to 31/12/2010.

[hermana3] 03/2/2011 08:01

HIGHLIGHTS of Quarterly Report 3/02
Evaluation of the large Moselle Permit in France advancing, including independent resource
estimate due soon
Several companies reviewing data room for potential farmin to Block 211/12b (Tiger Prospect)
Successfully awarded a new licence in the Central UK North Sea
Cash on hand at the end of the period of $3.5 million

[hermana3] 02/2/2011 18:42

Well done as without AIM quote and RNS's we are somewhat in the dark here.

[vg2208] 02/2/2011 18:16

I have contacted Elixir asking that the Web site be updated to include the quarterly report for 31/12/2010.

[drewz] 19/1/2011 10:36

Now up to 15p equivalent and still trending nicely upwards.

Looking forward to next substantive news. It's been a while now.

[vg2208] 19/1/2011 09:10

Still moving in the right direction up 9% overnight in Oz.

[vg2208] 18/1/2011 12:02

Thanks Drewz. Just a matter of waiting a little longer next few weeks could be interesting. Coy needs to attract partners to explore North Sea and French assets.

[drewz] 18/1/2011 11:02

Looks as though the potential value of our Paris Basin assets might be undergoing a rerating.

Some HotCopper comments:

It is holding up very well after the recent run. I would like to see some healthy consolidation now, it looked as if it would pull back to aroun 15-16 but the buyers stepped straight back in and took it to 19. Very good signs. IMO its only the beginning as market cap still only Aus$30mil. 1.32 million acres in the Paris Basin is worth much much more than this. I guess we will see when resource estimates released sometime before March (Q1)and JV soon after that.

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a convincing close above 20c will signal a move to 35 - 40c,which is reasonable to expect given EXR's asset quality. Holding for the next few months will be rewarding.


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Torreador TGRL, which is another co. thats in the Paris Basin smashed through $18 last night to close at new highs. TGRL now have a market cap of 506 million.

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I assume we'd like to have our resource estimate our before this:

Elixir Petroleum Ltd. Presents at European Unconventional Gas Summit, Feb-01-2011 09:15 AM

Elixir Petroleum Ltd. Presents at European Unconventional Gas Summit, Feb-01-2011 09:15 AM. Venue: Marriott, Paris Champs - Elysees, 70 Avenue des Champs, Elysees, Paris 75008, France. Speakers: Andrew Ross, Managing Director, Director and Member of the Audit Committee.

[hermana3] 18/1/2011 09:33

Nice to see the Lazarus approach return here.

[drewz] 18/1/2011 07:58

Something is afoot.

Must have a look on HotCopper and see if there is any Aussie chat about what's going on...

[vg2208] 18/1/2011 07:56

SP up 10% in Oz overnight.

[vg2208] 18/1/2011 00:58

About two weeks to go to quarterly update and Elixir presentation at European unconvential Gas summit in Paris Monday 31/01 to Wednesday 02/02. Hopefully some news will be available then to back up recent increase in share price

[norbert dentressangle] 15/1/2011 19:22

I think I paid under 2p for mine, I'm really tempted to cash in and blow the profits on a family holiday to Thailand.

It's also really tempting to sit on my hands as I've sold too quickly a number of times in the past. Not known for my patience though!

Good luck all

[hermana3] 13/1/2011 18:43

Vg,PCI is waking up slowly as is PVR. Tis the year of the Phoenix!