Sdx Energy Share Discussion Threads

[cashandcard] 13/11/2017 08:34

Good news. The Moroccan assets are so important in diversifying the risk away from Egyptian assets. Another great result. This will rerate, its just a matter of time.


Cash

[scrutable] 13/11/2017 08:34

Despite today's "Sell on the News" the chart shows a break out this morning ( and a partial retracement - but still up on balance, as we speak). There will be one or even two announcements of an increase in gas sales, during the next four weeks. At some point soon the upward thrust of the Sp must become visible and unstoppable towards 60p.

Today is an even better buying opportunity. Take it if you can or regret with hindsight.

[wossupsa] 13/11/2017 08:30

The writing is on the wall here with the Nomad/JB RNS.

[pjj71] 13/11/2017 08:13

someone clearly wants a lid on this share.. very disappointing...

[wisteria2] 13/11/2017 07:57

Gas discovery at KSR-15 well, Morocco

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-15 development well on the Sebou permit in Morocco (SDX 75% Working Interest).

The KSR-15 well was drilled to a total depth of 1,774 meters and encountered 17.2 meters of net conventional natural gas reservoir section across 4 intervals. The primary target, the Hoot sand, had an average porosity of 29%. This is the highest average porosity recorded for the Hoot sand in the basin. The quality of the Hoot exceeded our pre-drill estimates and, once the drilling rig has left the location, the Company expects that the well will be connected to the existing infrastructure and on production in early December.

The previously drilled KSR-14 well has been connected to the existing infrastructure and it is anticipated that testing will commence this week. Those test results will be reported in a separate release when available.

Paul Welch, President and CEO of SDX, commented:

"We are pleased to be announcing another successful result from our Moroccan drilling campaign as we continue to build real momentum with this programme. It is also very encouraging to have connected the first well and I look forward to reporting on the test results in due course. These first two successful wells keep moving us closer to achieving our target of increasing local gas sales volumes in Morocco by up to 50% in 2018"

[brasso3] 13/11/2017 07:57

SDX has been way undervalued for 6 months!

[momentum1] 13/11/2017 07:52

Wow 17.2m and all to be sold next month. This is now getting super cheap

[brasso3] 13/11/2017 07:49

Based on the chart and news flow I think we will see 60p today.

[potential] 13/11/2017 07:43

Buzzing!!!!!!!!

[deanroberthunt] 13/11/2017 07:35

the gift that just keeps on giving

[saucepan] 13/11/2017 07:34

Excellent. RNS now at 7.25am, which some may have missed.

[brasso3] 13/11/2017 07:28

SDX! Doing what it says on the tin!

I will be forced to buy more today.

[kaos3] 13/11/2017 07:13

kirk - thank you - great news !!!

[shakeypremis] 10/11/2017 18:47

Next week it is then (or possibly not as the case may be).

[brasso3] 10/11/2017 17:54

TSX at 0.94c (56p)

[vanmorrison60] 10/11/2017 14:57

I bought this stock way back in the day when it was Sea Dragon and Josef Schachter recommended it then on BNN. Interesting to note he has skin in the game. He has SDX in his RRSP.

[neo26] 10/11/2017 11:23

This one is a patient one, is headed in right direction. Alot of oil and gas has been found around SD area so it bodes well...

[brasso3] 10/11/2017 10:52

Looks like the pennant breaking out. Would like to see a close above 55p in the next week.

[kaos3] 10/11/2017 09:48

it must be good news when I look at the share price in London and else

[shakeypremis] 10/11/2017 08:02

No news again. What is going on?!?!?

[parisv] 10/11/2017 00:02

this link also has some txt



SDX ENERGY (SDX.V)
SDX is focused on oil and natural gas production in Egypt and Morocco. Production in Q2/17 was 3,707 boe/d and this should double by Q3/18, as new natural gas production comes on in Morocco (great gas price US$12/mcf versus Canada C$2.70/mcf) and natural gas and oil volumes in Egypt. The company has an active development program in both countries as well as some very attractive exploration upside potential in coming quarters. SDX is debt free and recently was sitting on US$37M before a more active Q3 and Q4 this year. Over the next few years we expect SDX to grow volumes over 10,000 boe/d and generate significant cash flow. Our one year target is $2.00 per share and our next bull market peak target is $5.00 per share. The stock would be a great buy <$0.80 per share.

[basem1] 09/11/2017 20:29

Did you notice when he started speaking the price was already 92c. Unless someone got wind that he was going to tip them and piled in, in advance ?

[shakeypremis] 09/11/2017 20:27

Drewster, I doubt that Joseph Schachter snippet is the cause of the spike over on the TSX.