Sdx Energy Share Discussion Threads

[ride daice] 21/11/2017 10:10

Maybe ii's and pi's. Not so sure about trade buyers.

[wish i wasnt in rbs] 21/11/2017 10:08

its interesting that there are no large purchases being reported and volume is low - it seems to be off the radar for most ii's for whatever reason

[soulsauce] 21/11/2017 09:50

Lets hope so Haider.

[haideralifool] 21/11/2017 09:47

soul - that explo upside should come here:
"During the second exploration phase, continue the targeting of prospective gas resources outside of the SD‐1X discovery area and seek to confirm the deeper oil potential within the SD‐1X discovery area. Well planning is in progress, with the next exploration well expected to spud in H1 2018."

So possibly another few months of sideways action. Obviously if it goes up before I'm not complaining.

[soulsauce] 21/11/2017 09:18

I see a comment on the LSE saying this is valued at just over 3x earnings? Wouldn't it be usual for a very profitable stock like this to be 7-10x earnings?

I think the next news should be we have taken on $50m of debt and plan to drill a wildcat fantasy well in some offshore backwater with fantasy prospects of 500m brls. May be then this would start to increase.

[shakeypremis] 21/11/2017 09:10

Fourth quarter and final results should be even better as these third quarter results don't take into account the recent increased oil price to circa $61+. If the PoO maintains this price then a stellar set of fourth quarter and final results will be forthcoming. They will also include revenues and profits from Rabul-2 (hopefully) and KSR-14, perhaps KSR-15 too.

[dsmith57] 21/11/2017 09:02

Can anything ever move this? I’ve given up.

[shakeypremis] 21/11/2017 08:37

This is silly. Against my better judgement I'm going to have to buy some more here.

[wish i wasnt in rbs] 21/11/2017 08:30

Same value as HUR would be nice

[soulsauce] 21/11/2017 08:03

Ride you beat me to it.

[soulsauce] 21/11/2017 08:02

Yes well pleased with that.

Lots of drilling in the next 6 months, interestingly more at Rabul. I wonder if that is after the results on Rabul2?

No debts, lots of cash and income and the mkt cap is still much less than some more speculative rubbish on the market.

[ride daice] 21/11/2017 08:02

Maybe when we are producing 10K boepd we might be worth as much as UKOG.

[brasso3] 21/11/2017 07:56

The low valuation here is insane!

[potential] 21/11/2017 07:52

Paul Welch, President & CEO of SDX Energy, commented:"This has been one of the Company's strongest quarters yet, with net revenue for the period up 271% year on year and drilling success being achieved across our North African portfolio. We are already starting to see the financial benefits of the Circle Oil acquisition come through, in both Egypt and Morocco, reconfirming the value of this transaction for shareholders.

[potential] 21/11/2017 07:45

Wow!!! Just keeps getting better!

[shakeypremis] 21/11/2017 07:43

Gross revenue I should say, not net. First of many good things to come out of their South Disoq license.

[shakeypremis] 21/11/2017 07:29

So once they get SD1-X producing they expect it produce at 50 million scf's (50mmscf's) per day. That's pretty huge, especially if they can get $4 per mscf. $200,000 revenue per day.

[thegreatgeraldo] 20/11/2017 14:47

Malcy in parrot mode.....par for the course.

[thomasthetank1] 20/11/2017 14:04

All - thought the below link to Malcolm Graham-Wood's interview on Vox today might be of interest. His section on SDX starts at 22:40.

hxxps://audioboom.com/posts/6502181-toople-toop-boku-boku-malcy-on-savp-sdx-ppc-wrl-pmo-zen-and-connor-campbell-on-eto-tcg-mtc?t=22m38

[teraferma] 20/11/2017 13:45

Thanks. So seller had 975K left as of 31/10 so must nearly have finished.

[parisv] 20/11/2017 13:18

malcy discusses SDX

[parisv] 20/11/2017 13:04

seller had 975k left last week.

[cwmwillis] 20/11/2017 13:04

GLG

hxxps://www.investorvillage.com/smbd.asp?mb=16015&mn=700&pt=msg&mid=17703477

[teraferma] 20/11/2017 12:51

Soulsauce thanks for the reply.

SDX looks to be in a similar position to AMER, large seller subduing the price. Are we aware of the identity of the seller and how many they have left. TIA

Looks good value ATM

[soulsauce] 20/11/2017 12:32

Yes Tera we have a large seller. Once clear this has a lot of catching up to do.