Sdx Energy Share Discussion Threads

[neo26] 19/4/2017 15:47

60p gonnnneeee!!!

[cashandcard] 19/4/2017 15:47

tgg,


Yes, its important as shareholders we look into all disclosed info, available presentations and other data. Another key aspect is to look at the regional activity, the area is a relative hotbed of exploration, development and growing production.

Your right, it seems they chose this block because it captured in PW's words 'the southern terminus' of a rich gas-condensate play, spanning some 250-300km from SDX's block onshore to about 75-100km offshore. This play has generated 6.4tcf of gas and hundreds of millions of barrels in liquids - its a great place to be.

We could get a bonus oil play that, in its entirety, could well match SDX's gas potential, or exceed it.



Cash

[ziblot] 19/4/2017 15:46

Now over 60 to buy.

[ziblot] 19/4/2017 15:44

Looks like buy's to me.

[plentymorefish] 19/4/2017 15:44

Well I'm being quoted 59.5 to sell 50k shares so there's definitely appetite to buy them!

[trulyscrumptious] 19/4/2017 15:42

2 X 1 million buys, must have been worked over time I would think.

[shakeypremis] 19/4/2017 15:38

Someone possibly just dumped 2,000,000 at 59.50, but that does mean someone else bought them.

[neo26] 19/4/2017 15:35

People are very slow in analysing this news, now its the deeper horizons, he's confident..If they find the black stuff, sit back and watch the share price cruise past £1..

[someuwin] 19/4/2017 15:23

Mid sixties tomorrow? Or even more.

[neo26] 19/4/2017 15:06

TggPW believes the current find equates to 150bcf to 300bcf in c2-3 other areas can prospectively double that estimation.That's according to yesterdays interview..

[thegreatgeraldo] 19/4/2017 15:03

cash - it's always worth a little digging when folk start throwing numbers around to see if they're from the company or plucked out of the air.

Just listened to Paul Welch on proactive yesterday, when he put SD-1X at 150-300bcf, with plenty of follow up prospects in the Abu Madi, just in the slice of the block where they've got 3D ;-#))

btw, you were right about upper & lower Abu Madi, both hit with SD-1X.

[cashandcard] 19/4/2017 14:59

I think PW stated the company would be looking to get to 25-30kboepd in a few years out of the assetbase. Of course, South Disouq would be the key to their production numbers. They have 3-4 gas targets in the Abu-Madi with which they maybe able to double what they eventually find on the Gas prospect (Anubis or Osiris?) just drilled by SD-1X.

There is also reference to more than a dozen leads across a wider area.


Cash

[nasnas1] 19/4/2017 14:42

1.02 on TSX which equates to 60.5p

[thegreatgeraldo] 19/4/2017 14:41

20kboepd from gas alone, net presumably?, would be 120mmscfd. Call it 250mmscfd gross. Round numbers, 85bcf/year.......

[neo26] 19/4/2017 14:36

TggI don't remember, but if you google the nooros field, eni has massively increased production.Mondays find has derisked many prospects in the current surveyed area. This is huge can see why they can't get 20kboepd from gas alone.

[thegreatgeraldo] 19/4/2017 14:32

Was that from the current Abu Madi prospect, or the whole SD block?

[neo26] 19/4/2017 14:19

That came out of PW mouth, I don't remember which interview..

[thegreatgeraldo] 19/4/2017 14:17

neo26
19 Apr '17 - 14:10 - 1554 of 1555 1 0
Plentyfish

They said South Disouq can be worth 20k-25k boepd net to sdx.

...have you got a source for that? Did it come from an interview?

[neo26] 19/4/2017 14:10

Borg45I can't understand also, this will be over £1 very soon...

[neo26] 19/4/2017 14:10

PlentyfishThey said South Disouq can be worth 20k-25k boepd net to sdx.They will need money to increase production here, which they have..PW is also looking at buying another distressed asset, I'm confident they will buy another by year end...Those large players were not stupid when they wanted to farm in here after the 3 d results, even though we already had a partner...Strong buy

[plentymorefish] 19/4/2017 14:06

Question is, what will they do with all the cash? In business it's better invest than keep it as cash as propels growth or will they pay a divi? I know they're on the lookout for, as they put it, 'distressed assets which are value accretive'... I wonder what/where/who!

[borg45] 19/4/2017 14:05

With all that's going on with SDX I carn't fathom why people are selling??

[neo26] 19/4/2017 14:04

Current MKT cap should be close to 200m, and if they strike oil within two weeks it should be 400m...IMHOThis company is making $4.5m per month and has no debt, has near $50m in cash and receivables..Monday gas find is transformational in the sense they have many targets which resemble this gas find...This will be one of the best aim stock of the year..

[nasnas1] 19/4/2017 13:56

Market cap has a lot of catching up to do looking at AEX and Sou. Expect this to be north of 7th come Friday