Sdx Energy Share Discussion Threads

[neo26] 11/7/2018 13:31

Mkt doesnt care of tgl but that is moving, be patient it will happen.

[shakeypremis] 11/7/2018 13:18

Mate, I know all of that, I've been here since February 2017. The market just doesn't care. I like you however, do believe this will surge at some point. When is the question though. Could be a long time.

[neo26] 11/7/2018 12:59

ShakeyMay go down a couple of pennies but this can surge when you least expect it.SDX has had successful year exploring and developing their assets in both Morocco and Egypt. Sd3x will be last of the development wells in SD this year and hopefully by year end all 4 wells will be connected. They already commenced plans for 2019 program in both Egypt and Morocco, they will finally target oil in SD with the young prospect, working petroleum system has been proven so it derisk it by somewhat. Lets see if they find oil.We have to remember only 20% of the license has been 3d so far so alot more room for improvement.Mr Josef has a year end target of cad $2 for sdx, i can see sdx touching 90p-£1 by dec, may even be sooner..

[shakeypremis] 11/7/2018 10:23

Cheers Neo.

LOL, this is going lower before it goes any higher. Complete travesty.

[neo26] 11/7/2018 09:50

Shakey by end of next week i assume, testing doesnt take long.We know the flowrates will be decent.Has sdx signed anymore gas contracts in Morocco.

[shakeypremis] 11/7/2018 09:38

We must be due a flow test from SD-3X soon mustn't we?

[neo26] 11/7/2018 08:55

Worth mentioning sd4x reached td in 14 days, can see sd3x doing same.Sdx are going to increase revenue by 50% in morocco and in egypt the SD development will add handy cashflow.

[shakeypremis] 10/7/2018 12:13

Yep, me too. At some point this'll go up 50% in short order.

[darola] 10/7/2018 12:01

We ticked a long in the 45 to 55 Chanel for ages before it suddenly took off. I expect the same again. When we least expect it will shoot up again.

[shakeypremis] 10/7/2018 09:08

Currently it's being constrained by a rising trendline going back to March.

hxxps://invst.ly/7yt2p

It's really quite remarkable how this is still so cheap. I suppose we should be grateful - not in this instance if you've already bought all the shares you care to - as it's this type of market irrationality that allows you to make money in the markets, buying deep value when others seemingly wont.

[griffin81] 10/7/2018 08:24

This really needs to be much higher than current levels, it has been success after success for SDX against a backdrop of strong Brent for months without any reflection of true value in the share price The next Quarterly Report should show excellent cash generation and even Edison are showing a substantial disconnect between the current share price and CoreNAV...

[danieldanj] 05/7/2018 10:35

Watch SDX Energy (SDX) closely on SD-3X appraisal well’s status. Check this out

[potential] 05/7/2018 09:19

Not long to go now and we all know where we're heading with SDX :-)Another day of strong buying - it's coming.....The SD-3X well is the second of two appraisal wells in the Company's 2018 drilling campaign at South Disouq. The well is anticipated to take up to 30 days to drill and if successful, will be completed, flow tested and connected to the infrastructure being developed at the SD-1X discovery location.In addition, well testing at the SD-4X discovery is expected to commence in the next 10 days. Following the test, it is anticipated that the well will be connected to the infrastructure located adjacent to the original SD-1X discovery.

[neo26] 04/7/2018 13:41

Upcoming work programmes

Planned development and E&A activity focuses on South Disouq (Egypt) and the Rharb Basin (Morocco). Key elements of SDX’s budgeted work programme include the development of South Disouq (c $15m net); six Egypt explorations wells including the Young oil prospect (c $8.5m net); a 3D survey in South Disouq ($3.5m net); a 12-well exploration programme (c $24m payable by SDX during 2019/2020) in Morocco; Lalla Mimouna tie-in ($4.5m payable by SDX in 2019/2020); and a Gharb Centre 3D survey ($6.5m payable by SDX). SDX has more than sufficient cash and cash flow to fund this work programme and, we believe, will be generating significant excess free cash flow beyond 2018 based on current production forecasts.

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spending quite abit on their assets

[haideralifool] 04/7/2018 13:24

neo - they work off the information provided by the company and add risking where they feel it is merited.

They do a lot of the legwork which makes it easier for PIs to come up with their own numbers or make an assessment of the implications of different scenarios.

For example, with the current paper I see that Young has a relatively high level of risk attached. If it comes in there could be some useful upside, which is not reflected in their targets.

[cashandcard] 04/7/2018 10:48

Nice research note, will cast my eye over this again.


Cash

[potential] 04/7/2018 08:22

After reading he report yesterday it's just strengthened sdx position and I've topped up a further 10k and why not - 61p is an awesome price especially with target now moved to 94p and the cash piling up by the day !!

[robbiekeane] 03/7/2018 13:16

That's a very bullish research note from Edison - excellent!!!

[parisv] 03/7/2018 11:20

Edison research note:



"Our RENAV rises from 65.6p/share to 92.5p/share (+41%) and core value from 58.3p/share to 79.8p/share (+36%)."

[melody9999] 03/7/2018 11:11

Certainly have

In this note, we revisit SDX’s 2017/2018 gas discoveries in Morocco and Egypt and look ahead at the company’s plans to leverage this success to deepen its resource base. In 2019, drilling in Egypt will focus on several Ibn Yunus lookalikes with combined unrisked recoverable volume of c 70bcf and a 17bcf Abu Madi structural trap. In addition, SDX will target a 50mmbo unrisked oil prospect in 2019. In Morocco, SDX has a commendable 87% success rate of discovering gas at Sebou based on calibrated 3D seismic; 2019 targets include 20bcf of gross unrisked resource adding gas-behind-pipe in order to meet anticipated demand growth. Our updated valuation includes planned exploration, appraisal and development activity for 2019 and higher short-term oil price expectations, with valuation rising from 65.6p/share to 92.5p/share (+41%).