Sdx Energy Share Discussion Threads

[11_percent] 17/5/2018 07:12

RNS, Results out.

Everything well up.

This should be paying a dividend.

[neo26] 16/5/2018 16:36

Ramadhan starting tonight, we can ask PW if this will effect the time the appraisal wells will be drilled.Kelvin should be near td and hopefully by next week we might hear something.Now that Morocco drilling campaign is over sdx will know how much they will increase production by.

[potential] 16/5/2018 09:11

Looking forward to participating in the conference call in two days time :-)

[ifthecapfits] 16/5/2018 08:21

Strong finish in Canada.

[thegreatgeraldo] 15/5/2018 16:22

HAF - I'm more interested in what the LM North seismic they've got is telling them. Shooting seismic onshore is a slow & costly business - plus, of course, they could also do with shooting another 900 sq km of seismic at South Disouq ...& they are about due to kick off a seismic shoot at Gharb Centre

[captain james t kirk] 15/5/2018 15:26

Mint tea and pastries if you're lucky :)

[haideralifool] 15/5/2018 12:03

Picking up on the point about the LM seismic. One of their slides shows a blue box for which they have 3d seismic.

But their exploration licence for LM extends about another 20Km further north. So might it be worth asking if they have any plans for further 3d seismic in that region?

Overall what I'd prefer is that where they have those cog-wheely things on their maps, they at least identify by name the more important wells.

Also, I'm having to annotate their maps with figures for drill results, so having those included would be good too. And earl grey tea with small croissants before the AGM.

[ifthecapfits] 15/5/2018 11:39

I can't listen into the call unfortunately - but would be very interested for any snippets from those that do.

[tournesol] 15/5/2018 11:37

Hi TGG

are you planning to participate in the conference call?

T

[thegreatgeraldo] 15/5/2018 10:44

They're pretty good at updating the presentation on the website. It would be interesting to hear, following the apparent success at Lalla Mimouna Nord, how many other prospects, on the existing seismic, warrant drilling in the next campaign.

[tournesol] 15/5/2018 10:29

I would expect a new presentation to be posted onto the website before the conference call as a vehicle to facilitate structured discussion. Otherwise it will be a free for all.

I'm enrolled but to be honest I do not yet have a list of questions. What I'm after is a down-to-earth exposition of the company's plans. Previously I've found management to be a bit too fuzzy, a bit loose-lipped and a bit over-optimistic - certainly about the speed of progress. What I'd like is a much better exposition of prospective and actual resources/reserves and a clear road map for exploiting them.

T

[neo26] 15/5/2018 10:02

I think good chance of q1 results this week also, one can imagine lots to talk about in conference call

[rachael777] 13/5/2018 17:06

anyone signed up for the private investor call next week ?

[potential] 11/5/2018 11:50

72.72p are buys but showing up as sells - as I've just bought some more :-) and any not :-)

[thegreatgeraldo] 11/5/2018 11:23

Wonder where reserves will end up when they've tested the 2 LM Nord wells.......

Back in Jan Edison suggested a reserves figure of 5.2bcf before the drilling campaign. Add a conservative 1.5bcf for each of the 5 successes in the south & we get to 12.7bcf. Don't think it's stretching things to suggest that the 2 LM Nord wells could take Moroccan reserves into the low 20's

[haideralifool] 11/5/2018 09:55

tgg - yes reserves come first, then sales contracts and then the cashflow.

[thegreatgeraldo] 11/5/2018 09:29

HAF - you can't sign up a 5 year supply deal if you've only got the reserves to cover 3 years! Looking good to hit the company's target to add circa 50% to Moroccan production this year.

[daveas] 11/5/2018 09:00

Added more today.could be more good news coming following the RNS announcement today

[neo26] 11/5/2018 08:57

While in canada the share price has surged to equivalent 78p here we have some nervous investors failing to allow it to move.+3p finish today.Imho

[shakeypremis] 11/5/2018 08:54

Haider, there's a lot of exploration potential now in Morocco after the LNB and LMS drills.

[haideralifool] 11/5/2018 08:49

IMHO the problem with Morocco had always been one of reserves. As long as they can keep adding to those, customers will become easier to acquire and that's the main thing.

[jinxo777] 11/5/2018 08:43

I think the majority of us who went through those painful months in the 40p-50p range will keep their shares until true value is reflected in the share price - it has been a challenge at times but I am now more confident than ever that with a bit of luck with the drill-bit we will see £1 before the end of summer.

[potential] 11/5/2018 08:36

MM tempting many weak holders out but we aren't not push overs were the Sdx die hards :-) long and strong!!