Elixir Petroleum Share Discussion Threads

[rupe1958] 18/9/2008 15:26

Anyone know whether ELP is eligible for purchase within an ISA?

[rupe1958] 18/9/2008 15:23

Hermana - yes, I was there. Andrew Ross gave a really nice, upbeat sort of presentation. It was a real contrast to the rather grim, deadpan style of Bruce McCarthy, CEO of Oilex, who preceded him.
On the strength of it I've bought a few.

[hermana] 18/9/2008 15:06

Rupe,were u there? Leopard and Mulll will be drilled in 2009 if farmouts achieved.

[rupe1958] 18/9/2008 14:54

There was a good presentation By Elixir at the Oil Barrel Conference today. £5.5m in cash and mcap of £8m. REvs of about $500k per month from GOM. All sounded pretty good. N Sea and Sierra Leone interests still quite early stage, but they must be worth someting.

[dia43] 17/9/2008 16:04

My original trade failed, however managed just a few moments ago at 3.95p.
Selftrade seems to be working near normal at present.

[nur0mancer] 17/9/2008 14:45

you actually managed to get an online trade with SelfTrade? there is no way I can even bring up a trade screen, that's when I can actually get past the login stage.

[dia43] 17/9/2008 14:41

Not sure if i managed to buy some at 4p, Selftrade system is so slow its taking well over 15 mins to log in and trade and after another 5mins or so still not been confirmed?

[hermana] 17/9/2008 09:39

Anybody here attending ELP presentation at Oilbarrel tomorrow?

[soulsauce] 17/9/2008 09:31

Do RAB have some of these because this relentless fall is ludicrous? Wish I had the money to top up as this is a no brainer on the cash and GoM stuff alone, never mind what they have in the North Sea.

[inkunzi] 16/9/2008 12:04

ha, famous last words

[hermana] 16/9/2008 07:31

Zen,need some good news pronto to stop the slide here.

[zengas] 16/9/2008 07:29

No damage at Pompano or damage to the Hercules rig.

3rd Pompano well to spud within 7 days.

[hermana] 16/9/2008 07:27

Ink,OB on Wednesday.

[inkunzi] 15/9/2008 16:25

ok, famous last words.. am calling the bottom @ 5.40p

[drago] 15/9/2008 13:34

well at least we are worth a damn site more than the mighty lehman bros.

[hermana] 13/9/2008 16:35

Soul,20p at least imo.

[soulsauce] 13/9/2008 16:33

Well hermana that all depends on the price.

[hermana] 13/9/2008 16:14

Soul,too early for flogoff here...

[andy] 11/9/2008 10:56

New article;

[hermana] 10/9/2008 09:35

No mention of all important Leopard farmout. Completion of that process would lift ELP out of ongoing mire.

[dia43] 10/9/2008 08:55

September 2008

OPERATIONS UPDATE

Elixir Petroleum Limited ('Elixir', ASX:EXR, AIM:ELP), the international oil and gas exploration and production company, is pleased to provide an operations update.

Hurricane Gustav and Hurricane Ike

Elixir's operations at the High Island and Pompano projects located in the Gulf of Mexico were not adversely affected by the passage of Hurricane Gustav through the Gulf of Mexico last week. As a precautionary measure, the High Island field was shut-in for a period of about four days and personnel withdrawn from the connected offshore installations. However, operations at High Island have now resumed with both wells back on production at a combined rate of approximately 4MMscf of gas per day and 200 barrels of condensate per day.

Production was not shut-in at the Pompano field as it was outside the area affected by Hurricane Gustav.

The operator at the Pompano Project has also reported that the Hercules 152 jack-up drilling rig, which is contracted to drill the third development well at Pompano, was similarly not damaged by Hurricane Gustav although it was down-manned.

Hurricane Ike has recently entered the Gulf region and is presently being closely watched. We have been advised that the Hercules 152 rig will again be down-manned as a precaution and this will delay the mobilisation of the rig to the Pompano location. We will keep the market advised of developments in relation to the passage of Hurricane Ike and the likely spud date for the third development well at the Pompano Project.

Mulle Data Room

Elixir is also pleased to report that the proposed appraisal programme for the Mulle project has been finalised and a data room in relation to the project has opened. A number of companies have been invited to enter the data room for the purpose of partnering the existing Mulle participants in the appraisal of the field.

The Mulle appraisal project is located in the Northern Sector of the UK North Sea. Mulle was discovered through the drilling of an exploration well in the 1970's which encountered a 17m gross oil column in the Middle Jurassic Brent Group reservoirs, but was not flow tested at the time.

Elixir holds a 40% interest in Block 211/22b which contains the Mulle accumulation.

[soulsauce] 09/9/2008 14:05

Ahh may be hear something of interest then.

The presentation 'Good Oil' on the web site is worth a read. I think the market has factored in zero pence for the North Sea even though we have the 350mbo Leopard prospect amongst others.