Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -1.08% 23.00 22.50 23.50 23.25 22.90 23.25 159,358 16:10:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 42.1 5.6 0.1 297.3 47

Sdx Energy Share Discussion Threads

Showing 8326 to 8349 of 8350 messages
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DateSubjectAuthorDiscuss
20/11/2019
10:47
Finding out Waha were behind MEA Energy removed a lot of doubts I had about SDX. Waha appear to be here for the long haul and want to build a dividend paying O&G company operating across North Africa and who knows where else.
shakeypremis
20/11/2019
10:33
Yep, they kicked out the old CEO Michael Raynes earlier this year at the same time Squelcho was kicked out. Those two were clearly misleading Waha about SDX's progress.
shakeypremis
20/11/2019
10:30
OK , cheers!!! Nothing sinister, obv, as they've just got a non-exec on board
thegreatgeraldo
20/11/2019
10:29
TGG, wow you really have been dozing. Waha were the entity behind the old MEA Energy (now called SDX SPV Ltd) last year some time I think. They've been invested in SDX since nearly the beginning I believe.
shakeypremis
20/11/2019
10:24
I've been dozing at the back .....where did Waha pop up from & when did they pick up nearly 20% of the company? !
thegreatgeraldo
20/11/2019
10:12
Quite possibly. Although the volumes sold will be higher. It could also be that SDX continues to supply the internal market while some of this other gas goes for export. Who knows. I just find the location of the whole thing interesting.
shakeypremis
20/11/2019
09:59
shakey- what you posted - will it not result in decreasing the average gas selling price possibility in Morocco ? more gas available from more and more sources. new huge Morocco off shore gas fields coming on stream. also from neighbours
kaos3
20/11/2019
07:43
""We are very pleased to welcome Mr. Al Menhali to the Board of SDX as a Non-Executive Director. His appointment demonstrates the ongoing support of our largest shareholder, Waha Capital." Support? I think his investors may be expecting him to know exactly what's going on.
haideralifool
18/11/2019
19:03
TGG, at this stage I'm not sure. But it's official Moroccan government policy to build it as far as I understand. I also don't quite understand it's purpose yet. I've seen some articles theorising Morocco could become a natural gas import/export hub. It's really the path the proposed pipeline from the facility to the existing Maghreb-Europe pipeline that interested me. It should pass pretty close to Lalla Mimouna where SDX are supposedly pursuing some 'play opening' prospects.
shakeypremis
18/11/2019
17:51
Is the LNG plant you refer to an import or export facility? Not sure either make a lot of sense
thegreatgeraldo
18/11/2019
17:48
hxxp://northafricapost.com/25676-morocco-to-renew-gas-supply-deals-with-algeria.html
shakeypremis
18/11/2019
13:29
Revenue isn't the issue at NW Gemsa,surely - the issue is the cost of generating that revenue. Guess its future partly depends on the workovers carried out, but if they see it as being borderline economic in 2020, it seems unlikely to be throwing off cash currently
thegreatgeraldo
18/11/2019
13:10
What's the drop in NWG in terms of revenue?
oilinvestoral
18/11/2019
09:33
Divmad, SD should bring in an extra US$12m/year of extra profit net of everything (excluding maintenance CAPEX as far as I know), once up to full production rate. Of course this increase in profits will be largely offset by the upcoming loss of NW Gemsa.
shakeypremis
17/11/2019
07:14
I suppose I'm just wondering if the size of the potential ramp up in production at SD, net to sdx, warrants a material re-rating. Sure, it offers a solid base from which to move forward, but is that enough?
divmad
17/11/2019
07:09
Take advantage of it while its out of love. Debt free and a decent pile of cash with solid production. In a better position than similar sized companies like PPC and PMG.
brasso3
17/11/2019
06:40
What will it take to get this share going?
divmad
13/11/2019
17:38
Thomas11 13 Nov '19 - 15:31 - 8132 of 8134 2) SD produces approx. 300 Bbls condensate per day ...that's not what SD produces at the mo..... it's the level of condensate production expected when the plant is at full capacity, which as they say, would deliver a lower average production than the nameplate 60mmscfd...
thegreatgeraldo
13/11/2019
17:34
OilinvestorAL - I get the same number
thomas11
13/11/2019
17:22
From Harts on LSE:- Apologies only got half the call got cut off half way through and by the time I got back on the meeting had concluded. Here's the extra info on top of what was stated in the RNS... Morocco Drilling Campaign 3 key objectives First 7 are lower risk, will be able to flow gas into customer base instantaneously, 2 wells in north are testing the same play as the south, objective is to test whether it does extend to the north. Further north Lalla Mimouna: 2 concessions that we have tested in the past but haven’t proved commerciality, drilling 3 deeper targets, larger in size and potential, testing deeper thermogenic play, could open up a new play. Further updates will be in the coming weeks and months Morocco Demand: 8 customers, 4 have been slower to take up demand, seeing a change now that they are speeding up their consumptions in particular Peugeot. The Atlantic Freezone is the largest driver of new customers on top of these 8. Peugeot factory will act as a magnet to fill up the other 2/3 of rental space, Peugeot is ramping up in 2020. South Disouq Revenue for November and December sales will be received in January from EGas and expectation is to ramp up to 50 MMscf/d in Q1. The wells and CPF are currently performing very well. Capacity is 60 Million for the CPF currently with throughput of 66 million, guidance is 50 to take into account that you don't produce 364 days a year, can expand the CPF in the future by ordering parts. Won't take as long due to knowing what needs to be ordered and the design. However can only expand output at SD through discovering and testing more wells in 2020 by exploring the lookalikes early 2020. My own take from this Shakey is that the pipeline can take much more than 50 million but our CPF is currently limited to 66 and our gas supply is limited to the 4 wells, so to get higher than 50 million a year we would have to 1) find more gas at SD and 2) Order extra equipment to increase CPF capacity. Apologies for not being able to ask questions I got cut off when someone was asking about condensate income, if anyone has any info that would be great.
brasso3
13/11/2019
16:25
Am I right in calculating that net cash flow from SD based on 27% is $12.5 million/ year after the $0.3/mcf OPEX?
oilinvestoral
13/11/2019
15:31
Interesting sdx pi conference call Main takes for me are 1) confirmed sdx get net 27% output from SD following the gov’t take and the partners 2) SD produces approx. 300 Bbls condensate per day 3) we were teased about new “interesting” news flow in the near future 4) Morocco customers are slowly ramping up demand 5) There will be more PI conference calls in the future
thomas11
13/11/2019
08:56
p/e basically attributes value to cashflow/profits on the implicit assumption that business is indefinitely repeatable. you can always sell more widgets. its a great measure for widget makers. resource companies are engaged in selling depleting assets, the more they sell the less they have left. they can only be sold once. selling more of them does not increase the residual value. the accepted way to value such companies is by valuing their assets. how many barrels of oil or cu ft of gas do they have and what's it worth on the open market? the p/e ratio has nothing to say about this
tournesol
13/11/2019
08:41
TournasolPlease clarify ! I assume you mean for exploration?
oilinvestoral
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