Sdx Energy Share Discussion Threads

[tournesol] 26/9/2018 07:32

Morning HaiderA

Can't imagine that PW is giving much thought to the blah blah session with Cassidy and Graham-Woood. Certainly can't think that he would feel pressured by its timing.

I've no doubt he would like to conclude and announce the deal asap.

Do hop that is sooner than mid October.

[haideralifool] 26/9/2018 06:28

PW is scheduled to be at the following event on the 16th October. Either he pulls out, or the deal has to be RNS'd by then, because I can't see much value in him talking about SDX as it currently stands since the deal with dwarf the company's current operations. And even if he only wants to talk about current ops, he'll face so many questions about the deal, that something might slip.

On Tuesday 16th October we are delighted to welcome the legendary oil and gas analyst Malcy Graham-Wood, Echo Energy CEO Fiona MacAuley, Andrew Knott, CEO of Savannah Petroleum and Paul Welch, CEO of SDX Energy. Our host for the evening is Nigel Cassidy, the financial journalist. We start with drinks at 6 pm, presentations begin at 6.30 pm prompt, and we round things off with an opportunity to meet the speakers over canapes and drinks at around 8.15 pm.

hxxps://www.eventbrite.co.uk/e/london-south-east-oil-gas-investor-evening-with-malcy-graham-wood-and-three-ceos-from-echo-energy-tickets-49904628086?invite=&;err=29&referrer=&discount=&affiliate=&eventpassword=#loginbox

[bountyhunter] 25/9/2018 08:57

I wonder how long we will have to wait!

[shakeypremis] 24/9/2018 14:30

hxxps://audioboom.com/posts/7018681-versarien-vrs-xpediator-xpd-landore-resorces-lnd-and-malcy-on-trin-savp-sia-sdx-rkh

SDX mentioned from 40:15

[dendria] 24/9/2018 11:05

It's certainly unplugged as it's been suspended from last Thursday.

[bushranger] 24/9/2018 10:50

Would have to agree that SDX deal should be more similar to the SQZ deal. The biggest factor regards this is that both involve taking unwanted assets from the same company .. BP. Hence there is precedence for PW to work with while nutting out SDXs own individual deal. This also is why I will be unimpressed if the SDX deal is not acreative and or anything like the SAVP mess.

[deanroberthunt] 24/9/2018 10:47

has someone unplugged this from the stockmarket ?

[bountyhunter] 24/9/2018 10:29

I prefer the SQZ analogy. Considering the Afren basket case and other issues with the Nigerian oil industry I wouldn't compare Egypt with Nigeria although I appreciate that Egypt is also a very different environment to the NS.

[bushranger] 24/9/2018 10:26

If SDX make a complete shambles of this deal as SAVP did or make a deal that resembles anything like the SAVP deal I will be doing exactly what I did in the aftermath of the SAVP fiasco. Sell. This deal will show what PW is really all about and if he condsiders current shareholders (PIs in particular, as II will be well looked after come what may)in his plan.

[gisjob2] 24/9/2018 07:18

Captainfatcat,
I was talking about the 10 days or so from the first RNS to getting the details of the SQZ deal. Because the SDX deal has leaked this timing may be longer due to SDX being forced to issue a statement earlier than planned.

[haideralifool] 24/9/2018 07:05

As a shareholder, I am willing to be patient to see the SAVP deal play out.

There were understandable complications with it, which is why it has taken so long. But the same ones should not apply to SDX.

I am hoping for a good outcome here in a much shorter timeframe.

[kaos3] 24/9/2018 03:47

hence EBRD puzzle piece

[captainfatcat] 24/9/2018 00:53

The SQZ deal with BP if I recall correctly took roughly a year to negotiate.

I cant help but wonder if the strange share price action here is in some way connected with the deal if so then the deal may have been in the making for some time?

[gisjob2] 24/9/2018 00:30

Bushranger,

Long term, if SAVP can get the Nigeria deal over the line I think it will be a great deal, it's just dragged on and on and has been tweaked again so pushed back yet again. If they can get both the Nigeria and Niger deal over the line the company will be in a great position. AK has a large holding in SAVP which he paid for and I'm sure he'd like to see a decent profit at some point.

I'm hopeful the SDX deal will be good, though I'm not sure the details will be known as quickly as SQZ's deal. We can always hope.

[bushranger] 23/9/2018 23:01

The SAVP RTO was a disaster for shareholders. The SQZ RTO was fantastic. Posters have alluded to both in their thoughts as to the possble outcone for SDX and its sharholders. I for one will be very disappointed to say the least if anything remotely resembling the SAVP deal is negotiated. SAVP at the time were not producing oil, had no licences in Nigera, no revenue and little cash to cover the proposed drill operations in Niger. The RTO was touted as being an accelerated one but instead took months and nearly fell through as II were less than impressed. Result was a terrible deal for current shareholders. SDX is a completely different company, without almost every factor that made the SAVP deal bad. SQZ were able to make a beauty of a deal with BP. I do not see why SDX cannot make a beauty of a deal with BP also. If the deal is only mediocre then I would have to come to the conclusion that like AK of SAVP PW is more interested in building an empire regardless of and not caring for shareholders.

[bountyhunter] 23/9/2018 20:55

An interesting thought Brasso but personally I wouldn't think so as BP seem to be focusing on larger offshore gas prospects in that region.

[brasso3] 23/9/2018 20:20

Any chance BP are interested in South Disouq in a part exchange?

[kaos3] 23/9/2018 20:10

deep water - hur

[tli8jaguar] 22/9/2018 22:23

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Egypt Signs $1 Billion in Nile Delta Deals
Tuesday, September 18, 2018

Egypt signed a deep-water oil and gas exploration deal with Shell and Petronas worth around $1 billion for acreage in the West Nile Delta. The companies are expected to drill eight wells, according to Egypt’s petroleum ministry.

In addition to the Shell and Petronas deal, the Ministry of Petroleum signed a deal with Rockhopper, Kuwait Energy and Dover Corp. worth $10 million. This deal is for exploration in Egypt’s Western Desert.

[napoleon 14th] 22/9/2018 16:04

I dare say that SDX weren't suspended, I'd buy some more!

[bountyhunter] 22/9/2018 08:05

"According to analysts, it seems likely that the assets involved will include onshore oil and gas interests, BP's non-strategic portfolio."



(choose English version! translation from the French may be device dependent)

[bountyhunter] 22/9/2018 08:00

Hopefully we will get a further RNS soon to provide more detail even if we have to wait longer for an admission document. At least we shouldn't need a waiver from the US though! (as per the BP/SQZ deal)