Sdx Energy Share Discussion Threads

[brasso3] 18/9/2019 17:28

SDX have drilled around 20 wells in recent years. I thought HUR had only drilled 2?

[divmad] 18/9/2019 17:26

Can either beat SAVp? 5 out of 5 successful drills in Niger so far.

[tournesol] 18/9/2019 16:40

Brasso Not really interested in comparing this to HUR as they are different companies in different locations at very different ends of the spectrum. Your original comment said that SDX had the most successful drilling record on AIM as far as you were aware. I told you about a company with a record that is a gazillion times better. Now you say you don't want to make comparisons.

[shakeypremis] 18/9/2019 15:44

$2.85/mcf + whatever they get for whatever condensates produced. Net revenue will be about 25%, give or take. Although there will be cost recovery which will increase effective revenue in the first few years.

[cashandcard] 18/9/2019 14:36

Can someone remind me how much they will get paid for the SD gas sales (per mmscfd) and what their 'net' entitlement will be after government take of the gas? Cash

[cwmwillis] 18/9/2019 14:13

That's my hope.. Lots of people like a divi!!!!

[shakeypremis] 18/9/2019 13:12

They did prep the ground for dividends with the capital restructuring relatively recently. I think they do intend to start paying a dividend. Perhaps not with some of the freecash flow from SD but at a later date after more hookups, but who knows.

[cwmwillis] 18/9/2019 13:01

MEA & I&S with 40% of this company are going to want to see a return. They must be as, if not more annoyed with the share price performance as the rest of us. Small Divi's i say!!! Balls to what PW said about it. That will open peoples eyes!!

[shakeypremis] 18/9/2019 12:15

Assuming SD does come on and comes on at the stated rated then I think we can be pretty sure that the rate will increase over time. I don't doubt they'll hit more gas in the area.

[brasso3] 18/9/2019 12:02

If SD was online today at the expected 50 MMCFD then this is significantly undervalued. I am willing to top up on that basis as I think the probability is in my favor. Not really interested in comparing this to HUR as they are different companies in different locations at very different ends of the spectrum.

[cashandcard] 18/9/2019 09:55

tgg, Fair enough, but therein lies the problem. I can remember the presentations indicating their was huge demand for gas in Morocco and they would have no problem selling any gas found - clearly over selling it. But SD is the real deal. Just taken an age to get to. Cash

[thegreatgeraldo] 18/9/2019 09:50

No image problem....... the past problem has been over promising & under delivering.... getting South Disouq up & running will be a positive, as would finding a market for more gas in Morocco..

[cashandcard] 18/9/2019 09:42

Having been invested here in the past, wonder how long it will take to shake off the image problem PW left this company in? Cash

[shakeypremis] 18/9/2019 09:30

Hopefully SDX aren't paying him any more. Waste of money and food.

[napoleon 14th] 18/9/2019 09:16

No comment from the walrus? Wake up, man! Get out of bed!LOL Funny, tho'. I hardly ever read his stuff nowadays.

[thegreatgeraldo] 18/9/2019 08:49

Quite a few of SDX's more interesting wells, at South Disouq or in Morocco, have either disappointed or, as in Morocco, need another look

[tournesol] 18/9/2019 08:45

Hur has drilled a much smaller number of much bigger wells. Almost all have been successful. The reserves and resources added amount to billions of barrels of oil. No question which co has been more successful with the drill bit.

[tournesol] 18/9/2019 08:43

BrassoThe objective of drilling is to add reserves/resources. How much r/r has SDX added through its drilling programme?Compare/contrast with Hur. SDX has drilled lots of small and wells and claimed lots of success but in practice they haven't amounted to more than chickenfeed. Hur has drilled a few

[napoleon 14th] 18/9/2019 08:35

You're right, professeur, but there's pretty pathetic peeps a plenty in this world. I hold both but reduced here while PW was "doing a Bojo". Could be time to add back as it seems the worm has turned...

[brasso3] 18/9/2019 08:35

Tournesol SDX have drilled around 20 wells over the last 4 years and I only recall one that was not commercial.

[tournesol] 18/9/2019 08:14

Pretty pathetic to give a thumbs down to a simple factual response.

[tournesol] 18/9/2019 08:00

Brasso3 I cannot recall an AIM O & G company with a better drilling record than SDX. Hurricane

[tli8jaguar] 18/9/2019 07:12

Have they forgot to send RNS email notification?

[brasso3] 18/9/2019 06:03

I cannot recall an AIM O & G company with a better drilling record than SDX.

[brasso3] 16/9/2019 12:31

Chart looks primed for a jump back to 30p. Just need confirmation that SD is on track.