Sdx Energy Share Discussion Threads

[thegreatgeraldo] 15/10/2020 15:50

Dya get wafers with it?

[shakeypremis] 15/10/2020 15:49

If that Hanut target in South Disouq comes in anywhere near projected volumes or greater then it is a bit of a game changer at South Disouq. Years of reserves and possibility of an increase in production. If successful it may prove up other targets too.

If they are successful as above and drill it without their partner then we are really talking.

[shakeypremis] 15/10/2020 15:48

Yes mate, with a flake in it too :) But not two flakes. Too pricey for us SDX paupers.

[kaos3] 15/10/2020 15:42

and what is in for me? can I go and buy an icecream from the SDX proceeds?

[novicetrade68] 15/10/2020 15:31

Agree the report on SD reads really well, I'm also getting the impression the large recent increase in production is going to be maintained + with the plans for next year should hopefully see a bit of rerate at some point.

[goldieshotz] 14/10/2020 12:18

Seems volume is returning and we are creeping back up on the back of the new gas target for next year.

[oilinvestoral] 12/10/2020 11:45

Looks like the bullish analysts report has injected some life into SDX.

[shakeypremis] 09/10/2020 09:32

Auctus Advisors report

hxxps://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2020/10/07151205/SDX-05.10.2020.pdf

Pinch of salt of course as SDX pay these guys for reports like this and other things.

October presentation.

hxxps://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2020/10/04195100/SDX-Corporate-Presentation-October-2020.pdf

South Disouq has lots of further potential, murmurings in the presentation that if Hanut comes in then the production profile may possibly be increased (>50mmcf/d).

[novicetrade68] 05/10/2020 21:12

Agree, and not a lot of mention of a very good production increase either (86%), maybe tomorrow then.

[shakeypremis] 05/10/2020 10:06

Seems we are saying one to watch 'next year' a lot lol. Still, at least they aren't diluting us and are increasing NPV and providing a return on the capital employed. Obviously none of that is at all reflected in the share price but that is investing and the fickleness of markets.

[goldieshotz] 05/10/2020 09:42

I agree shakey. Its one to watch into the new year. Im looking forward to the welltest at least.I hope they maintain capital discipline anyway.See you guys next year.

[shakeypremis] 05/10/2020 09:36

Kaos3, I wouldn't quite say 'replace'. They are definitely delineating more reserves more quickly than they are producing them (especially in Morocco - although they should really try to find alternative methods to increase production there). If the new South Disouq program is successful then the SD production profile will be extended out many years, they might even be able to increase production. If their partner elects not to participate and SDX elect to still go ahead and are subsequently successful then these additional reserves will be very highly cash generative.

Yes things are slow going here but the NPV of SDX's reserves/resources are steadily increasing as they add further to them.

[kaos3] 05/10/2020 07:50

most of the money cashed is put back into the ground to replace

BODs work ok but the assets are not superb. SDX needs a superb asset imho in order for the effort to have enough meaning (free cash flow paid to the shareholders). I am missing the "looking for aquisition" line with targets identified)

all imho

SP will drift along probably

[novicetrade68] 05/10/2020 07:36

Interesting update...

...'potentially transformational drilling campaign in South Disouq into Q2/Q3 2021.'

...'Together with cash generated from operations, the Company is fully funded for all of its planned activities in 2020 and 2021.'

[goldieshotz] 11/9/2020 10:04

I scoop more every couple of weeks. I was trading them around the 20+ as I felt it was overvalued on overspending.Now theyve dialled it back, the balance sheet should improve.I'd like to see them pick up another egyptian asset on the cheap with growth potential 12 months from now using the cash theyve made from reduced capex expenditure.As things stand, their two major cash cows are bottle necked and cant increase revenue without more customers or a bigger gas facility at SD.They need a fourth revenue stream that needs some exploration and growth.

[haywards26] 28/8/2020 08:33

A director purchase announced this morning. Positive!

[shakeypremis] 21/8/2020 16:16

Indeed - but still US$10m isn't much. They also need the cash to develop SD as it appears to be shaping up to have a lot of potential extra resources to go after which have an increasingly higher return on investment per mcf produced to the major sunk costs being out of the way now (CPF etc).

[oilinvestoral] 21/8/2020 16:03

Not all acquisitions are $1 billion deals. They could do something where they pay a small amount upfront and the rest could be deferred payed from cash flow (exactly how they were planning Egypt)

[ride daice] 21/8/2020 14:04

Given that SDX is cash generative in the current oil price environment they need to get a move on a buy some diversified production. The sales won't be on forever.

[oilinvestoral] 21/8/2020 13:32

Screening cash flow generating opportunities sounds interesting

[kwizza] 21/8/2020 12:08

Nicholas Box
Chief Financial Officer
SDX