Sdx Energy Share Discussion Threads

[robbiekeane] 22/6/2018 12:15

To be fair Edison do provide a good analysis of companies they cover. Better (and more detailed) than most imho.

[haideralifool] 22/6/2018 08:15

..well going by all company pronouncements I thought getting customers in Kinetra was a shoo-in. Came as a surprise to me when I saw Edison risking their acquisition and then I realised why.

Perhaps the more sophisticated people already worked that out, but I find them enlightening.

[griffin81] 22/6/2018 08:10

Interesting isn't a word I would use to describe Edison notes...

[haideralifool] 22/6/2018 08:07

Griffin, I think the drlling outlook is still quite vague. There isn't even a timeline for Morocco.

In Egypt they talk about 'drill ready prospects', but nothing more specific than that.

I think non-holders who are happy to join the dots may buy at this stage. I think many others many need more explicit calculations. The next Edison notes should be interesting.

p.s. going by this interview at 4.30 where PW talks about the 5th well.
hxxps://www.malcysblog.com/2018/06/core-finance-ceo-interview-paul-welch-of-sdx-energy/

I'd take any decision to drill the 5th well as a bullish a sign.

Paraphrasing PW, says that if SD 3X comes in much bigger than expectations then they'll drill the 5th, but the development plan at this stage does not require a 5th drill.

[griffin81] 22/6/2018 08:06

I would like to see them go for the extra well in SD also, it would be a very bullish sign and a brilliant way to round of the current campaign

[shakeypremis] 22/6/2018 08:03

I didn't count the drills in Meseda as I was talking about exploratory drills. Yes I did neglect to mention the Ramadan one but SDX aren't expecting anything from that, hopefully they are wrong. So only one exploration well planned so far, which is in SD. I reckon they will do that extra drill though - they've hit 3 out of 4 so far - SD is proving to be a very prospective area.

[griffin81] 22/6/2018 07:29

Shakey, there are actually 4 (possibly 5) drills still to go in 2018:2 x infil drills in Meseda1 x drill currently underway in S. Ramadan1 (possibly 2) in South DisouqThen, the new drilling campaign in Morocco and Egypt for next year outlined yesterday.

[shakeypremis] 21/6/2018 22:15

There is only one drill left! Well, one exploratory drill anyway, which is the final SD drill. PW did mention there was 'probably' something else to come from Rabul and they don't RNS those spuds. Hopefully they'll find something else there too.

[oilandgas1] 21/6/2018 19:29

Sdx is apparently 70% owned by institutional investors already!

Good update, need Drilling success in the next 30-60 days next!

[thegreatgeraldo] 21/6/2018 15:04

Wonder if they'll come up with a retail friendly tag for the Kafr El Sheik prospects.... string of pearls maybe? Best not to go with pearl necklace.

[shakeypremis] 21/6/2018 13:30

Must be someone dumping here again.

[saucepan] 21/6/2018 13:02

I am rather surprised the share price has not moved today, going by the reported trades. Something being worked behind the scenes?

[ifthecapfits] 21/6/2018 11:50

We need some more institutional interest.

[tournesol] 21/6/2018 10:06

I was a relatively early entrant to SDX but left because I thought PW had created a degree of confusion/obfuscation around the ultimate potential at SD and the timescale for it to be realised. I saw these things increased the level of risk.

I re-entered comparatively recently when I felt that progress was being made in Egypt and Morocco and that the fog of uncertainty was clearing - and that risk was diminishing.

I like today's analyst presentation a lot and will be looking again at my holding and giving consideration to topping up.

[haideralifool] 21/6/2018 09:50

ITCF and they may also feel the need to give investors reasons to stay invested (buy on weakness, even) until the next series of RNS's.

[plentymorefish] 21/6/2018 09:42

IFCF, in one of his interviews this week, PW was very clear that his plan is to grow the MCAP of the business to $1 billion dollars+ in the next 3-5 years and then 'exit' but that any sale would have to be 'north' of $1 billion so I don't think there's any danger of an early take out at a low share price

[ifthecapfits] 21/6/2018 08:56

Very detailed and enlightening report. You could almost think that they were publishing their data room for potential acquirers to look at!

Hope not though - someone said yesterday that this is a $1billion co in the making - hope so!

[shakeypremis] 21/6/2018 08:53

Sdx are already undervalued based on current expected production but if some of these targets come in in 2019 (particularly the oil and the Morocco gas) then sdx will be even more undervalued. The future potential here is massive.

[thegreatgeraldo] 21/6/2018 08:24

tournesol,

Yes, a pretty comprehensive presentation! I've had one trawl through it, but there's a lot to take in. SD oil very much on the agenda, as is the prospect of oil in Morocco....

[ntv] 21/6/2018 07:44

now we know why it jumped over the pond the other day
pretty decent update

[tournesol] 21/6/2018 07:34

Today's RNS includes a link to the new analyst presentation at:-

www.sdxenergy.com/~/media/Files/S/Seadragon-Corp/presentations/south-disouq-analyst-update.pdf

The presentation is essential reading. It includes 82 pages and is the clearest and most detailed disclosure I have ever seen by any E&P in the past 20 years.

Bravo to SDX and PW. Nobody can possibly say there is any lack of clarity/transparency. No stone unturned, no detail omitted.

It looks mighty impressive.

Now it's just a matter of time…...

[plentymorefish] 21/6/2018 07:29

This company needs to stop sitting on it's laurels! :)

[thegreatgeraldo] 21/6/2018 07:26

Can't see much wrong with this morning's update......

[tli8jaguar] 20/6/2018 11:24

Malcy's interview with PW, a billion dollar company on it's way.

Check out @mgrahamwood’s Tweet:

[kaos3] 20/6/2018 06:31

I like when a CEO speaks about infill drilling with a smile. COS are not questioned.