Sdx Energy Share Discussion Threads

[haideralifool] 18/10/2018 07:08

BP deal's off. Shares will resume trading. Can't see the news item on the RNS's, but it's on the company website.

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, announces that, further to the announcement made on 20 September 2018, discussions regarding its proposed acquisition of a significant package of assets in Egypt from BP have been terminated by mutual agreement.
The Company has requested for the restoration of trading on both AIM and the TSX Venture Exchange.
SDX continues, in line with its stated strategy, to review and pursue inorganic growth opportunities across its areas of operations in North Africa.

[bountyhunter] 17/10/2018 06:47

thanks HAF

[thegreatgeraldo] 16/10/2018 23:00

Never one to miss a PR opp... ;-#))

[haideralifool] 16/10/2018 22:58

^ PW said they named the biggest one after Salah.

[thegreatgeraldo] 16/10/2018 22:49

Mo for me!! ;-#)))

[haideralifool] 16/10/2018 22:44

Here's the slide I'd not seen before (pic off my phone):



The prospects are named after members of the Egyptian football team.

[haideralifool] 16/10/2018 22:16

Young (the oil prospect that has people excited) is scheduled for H2 2019.

In his presentation he used the word 'testing' with reference to Peugeot and the gas supply. That got me a bit worried and so I asked about whether the purchase agreement was subject to the results of the testing and apparently not.

When I asked about the pipeline extension from Lalla Mimouna, he said it was already built and supplying gas. Dunno if I am way behind the curve or a misunderstanding.

He also had the roll-up opportunity slide at the very end and spent a little time talking about it and the potential for consolidation amongst the smaller players.

I'd imagine if the BP deal comes off, it'll take a while to digest. And talk of further M&A would be redundant for a while. So not sure what to make of his reference to M&A. Perhaps a signal to BP that we have other options?

Just to reiterate, there was no hint when the deal may conclude or suspension removed.

[thegreatgeraldo] 16/10/2018 21:04

That's an easy one...... shortly after the acquisition talks conclude

[erinvale] 16/10/2018 20:22

Any indication when share suspension might be lifted?

[haideralifool] 16/10/2018 18:51

Not going to get much more than $2.65 for SD gas. Agreement later this year.

[bountyhunter] 16/10/2018 18:48

Thanks for the updates HAF, much appreciated, keep posting please :)

[haideralifool] 16/10/2018 18:28

Pw says time frame for the BP deal uncertain and can't talk about it.

[haideralifool] 16/10/2018 18:23

There's a new presentation. Slide 14 looks new. Titled Bassl KES prospectivity,10 prospects.

[haideralifool] 16/10/2018 18:17

Pw has taken his seat

[haideralifool] 16/10/2018 18:16

Ok I'm here let me know if there are any questions

[thegreatgeraldo] 16/10/2018 16:37

I'd rather hope there's a sharp focus on s/holder value, rather than some random big number on the production front.

[tauroctinus] 16/10/2018 16:31

Hope there is a question or two about PW having a 12 month goal of SDX producing over 75000 boe/d

[tournesol] 16/10/2018 16:30

Main question IMHO is the outstanding payable from the Govt of Egypt. What's the prognosis?

[wayhay] 16/10/2018 16:26

Many thanks , Potential

[wayhay] 16/10/2018 16:25

Potential,
Can you ask about the income per month now as with the poo and the increased production.
Also about south ramadan , that well is overdue by a week or two , Whats the craic with that ? The obvious about 75000 bpd.

[bountyhunter] 16/10/2018 13:12

well done pmf, mystery solved!

[plentymorefish] 16/10/2018 12:57

It's this:

London South East Oil & Gas Investor Evening with Malcy Graham-Wood and three CEO’s from Echo Energy, Savannah Petroleum and SDX Energy