Xcite Energy Share Discussion Threads

[oldsmokie] 11/11/2014 11:28

Mc. Try Utility Warehouse. Not sure if my wife got us a special deal through BNI but she's just switched us to them.

[gray1107] 11/11/2014 11:25

Looks like usual XEL +10p P&D to me? Typical volume, paid derampers disappear etc. Happens everytime.

[mclellan] 11/11/2014 11:25

Off topic- can anyone recommend a good, competitive electricity and gas provider?

[bena1] 11/11/2014 11:19

Certainly looks like something is being filled, looks like we are down a bit on a string of buys...odd.

[pensioner2] 11/11/2014 11:14

There could be some big late reported trades again today. On that drop to 51p it was not possible to buy on line. What's the betting we get a big trade or two around that area?

[mclellan] 11/11/2014 10:38

Thanks again for keeping everyone right with some of the past details, mikepage

[steve73] 11/11/2014 10:31

mike - you're obviously studying that presentation (and other info) in great detail...well done... We just need XEL to deliver on a few more of their promises now, and solidify their MOUs.

Keep up the info flow, it's all good stuff for any newbies looking in, and I've forgotten most of it as well.

[mikepage19] 11/11/2014 10:25

Steve to answer that, from page 12-

Processed and delivered export quality crude to market. Dehydration in 8-12 days = simple FSO solution.



Page 10 gives us the predicted oil production and timelines-



Page 2 onwards gives indepth detail from TRACS-



A lot to take in, thanks for your industry knowledge.

[bena1] 11/11/2014 10:18

That fishing trip did not last long. Nice strong buying coming in again now.
55p by lunch.

[mclellan] 11/11/2014 10:08

They probably opened up a new short.

[mikepage19] 11/11/2014 10:04

Funny, is goes red and the filtered ones appear as if by magic.

[irnbru2] 11/11/2014 09:51

Who is Camm++

[steve73] 11/11/2014 09:47

mike - remember also that a significant part of that storage capacity is for diluent (possibly from Camm++ in the future), and also to provide adequate residence time for the necessary dewatering of the heavy oil.... at the proposed plateaux rate of 57,000 kb/d, I'd expect a shuttle tanker every 8-10 days or so... so little over half the capacity would be for crude storage, and little real additional opportunity until the peak rate subsides.

[mclellan] 11/11/2014 09:38

Page 5 of the Presentation:

"Intention to sign binding contracts, subject to FDP
approval, once engineering completed by end of 2014"

[mikepage19] 11/11/2014 09:10

Page 17- the diagram clearly shows the stage we are presently at-



Page 22- 1 million bbl storage allows future field and area development opportunities.
I wonder how big an area they are talking about?

[mikepage19] 11/11/2014 09:06

Steve73, I am probably wrong but I do recall being informed that the 9/03b-7 well cold flowed without artificial lift for a short period of time.
Page 8 answers my question in full, so I'm happy now.

9/03b-7 2012 Xcite 2,214 ft oil section (horizontal)ESP lifted extended flow
test, reaching 3,500 stb/day

If you look at page 5 in this presentation, it looks like they are getting the 300+ from adding 3P.


Intention to sign binding contracts, subject to FDP approval, once engineering completed by end of 2014.

[carla1] 11/11/2014 08:48

Lots of buying but not moving....profit taking may kick in ??

[mikepage19] 11/11/2014 08:45

Puzzler2 11 Nov'14 - 06:06 - 49295 of 49304

After all these years I now understand, cheers.

[carla1] 11/11/2014 08:29

They cant hold the BUYING BACKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

[carla1] 11/11/2014 08:28

Look at it .......

She Gonna BLOWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW

[carla1] 11/11/2014 08:27

A lovely stream of BUYS !!!!

All Aboard and Hold on tight CAMMY !!!

[carla1] 11/11/2014 08:26

Morning REAL ONES...

looking great here... we should break 55p today...

[mclellan] 11/11/2014 08:19

kevkan- XEL are assembling an efficient team of operators.
They are hardly likely to use the PI software if Baker Hughes had as good an equivalent.
This is a huge project.

[kevkan] 11/11/2014 07:58

Question for you tech buffs

Re- P1 Software, thought I read Baker Hughes had an all singing all dancing software package to monitor/control everything, anyone know what's different about P1 package.

Concern
I know its a big prize but their seems to be a lot of fish coming on board they all need paying. Having said that what they have acheived to date is remarkable just hope their not starting to over egg it

[mclellan] 11/11/2014 07:37

mikepage- perhaps since the drill rig MOU is the last in the series, the prospect of it being signed has generated more interest that things are indeed progressing?