Sdx Energy Share Discussion Threads

[bountyhunter] 22/5/2018 10:23

yes absolutely shakey

[11_percent] 22/5/2018 10:23

Post Kelvin result CEO on S Disouq: “After we have completed the appraisal drilling & established initial production we plan a further exploration programme that will target both the remaining potential in the Kelvin structure along with the deeper oil potential within the block”

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We should be going for the oil....sooner, rather than later.......we have plenty of gas, it's comming out our ears.

And a divi....to give the company some respectability....

[shakeypremis] 22/5/2018 10:05

It isn't a duster really. SDX are going for Kelvin again soon. Probably next year at some point. The RNS mentions SDX will go for another location in Kelvin very close to the drill they just made (they would have gone for it with this drill but couldn't quite reach it). So Kelvin could still come through.

[bountyhunter] 22/5/2018 09:39

yes so could be more of a signpost rather than the generic duster

[tli8jaguar] 22/5/2018 09:37

SDX tweeted

Check out @sdxenergy’s Tweet:

[bountyhunter] 22/5/2018 09:05

Yes barely moves on each successive discovery, then one duster and all the stops are hit at the open followed by a steady recovery, lol

[darola] 22/5/2018 09:03

Added. Overdone drop IMHO

[11_percent] 22/5/2018 08:41

plentymorefish
22 May '18 - 08:07 - 6294 of 6298
0 0 0
Isn't that part of the scam?!

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Yes, but only a small part of it.......the continual selling is the big bit.

[tli8jaguar] 22/5/2018 08:09

No doubt the Institutions and the HNWI will be buying.

[plentymorefish] 22/5/2018 08:07

Isn't that part of the scam?!

[11_percent] 22/5/2018 08:04

That opening drop was a bit overdone....

[plentymorefish] 22/5/2018 07:52

Well the RNS is on London Stock Exchange website so all good. It must be an issue with the advfn feed

[griffin81] 22/5/2018 07:48

It is a shame Kelvin didn't come in (at least not that part of the structure), but in context, any dip today should be short lived with two further appraisal wells due next and production remaining on track to double by the year end from discoveries already made. SDX remains the largest part of my portfolio.

[bountyhunter] 22/5/2018 07:47

Yes it's such a rarity for a drill not to result in a commercial discovery for SDX! ;-)

[haideralifool] 22/5/2018 07:40

I guess they're a bit embarrassed.

[phowdo] 22/5/2018 07:35

RNS not showing on advfn:

[haideralifool] 22/5/2018 07:22

Yep a duster.

...drilled to a total depth of 8075 feet, encountering 606 net feet of high quality reservoir interval in the Abu‐Madi formation with an average porosity of 21%. However, the sands had low gas saturation and were not deemed to be commercial...

but ... Further potential exists within the current structure but in a location that could not be reached by side-tracking the well from the Kelvin-1X location.

and ... After we have completed the appraisal drilling and established initial production we plan to commence a further exploration programme that will target both the remaining potential in the Kelvin structure along with the deeper oil potential within the block...

In the conference call he mentioned going after the oil in early 2019 (Q1?), so perhaps he means they'll attack Kelvin then?

[plentymorefish] 22/5/2018 07:12

Not sure where the RNS is but Kelvin is being reported as none commercial on SDX Energy's website

[potential] 21/5/2018 22:06

A nice 55k buy at close!!!

[thegreatgeraldo] 21/5/2018 14:54

Sponge day in Canada today......mmmmmmm....how civilised.