Sdx Energy Share Discussion Threads

[deltrotter] 24/3/2017 07:55

Love the debt free side. So many oilers are drowning in debt.

They must be adding c£2m per month to that debt free pile as well.

Huge scope for massive increases in Morocco as well (and they indicate they are working on that immediately).

A cracking little company.

[eye2] 24/3/2017 07:53

18 mill cash debt free , this is well run.

[deltrotter] 24/3/2017 07:45

Agreed guys.

Just shows you how cheap they got the Circle assets for. The impact they will have over the coming quarters is simply huge.

Well done SDX management for pulling that off.

Bring on similar deals if they can get them!

[paleje] 24/3/2017 07:38

Yes captain, current BOPD 3.5 x higher than average daily in 2016 puts things nicely in perspective. The 2016 numbers are history, very ambitious and capable management.

[captain james t kirk] 24/3/2017 07:19

Quick look at the rns and the standouts are 4233 BOPD and present cash of $18.3m
All the workovers during this year in the pipeline plus 3 development wells and at least 4 exploration wells over and above S.Disouq.
The Company is highly cash generative, so it's no surprise that Paul Welch is after more:

"The successful fundraise and acquisition of Circle's assets in Egypt and Morocco, announced in January, demonstrates our ability to deliver on SDX's ambitious growth strategy. With increased production and cash flow as a result of the acquisition, our balance sheet has been further strengthened, leaving us well placed to progress the development of the existing portfolio, while positioning the Company to capitalise on further opportunities that we are actively identifying within the North Africa region."

"to capitalise on further opportunities that we are identifying within the North Africa region."
I believe in a presentation he said they are also looking at Tunisia, in addition to their core of Morocco and Egyot

[x54v] 23/3/2017 22:43

"My valuation at the moment, target price, is 100p. But I'm thinking that's a little conservative. If this well comes in, that will be significantly upgraded."



6:17

[eye2] 23/3/2017 22:30

Sdx chart on a brokeout in Canada

[blueball] 23/3/2017 21:13

stay long.

[neo26] 23/3/2017 20:43

SlepYea someone on the other board told me that companies has potential.Sdx got a amazing deal in Morocco, hope they really do expand.I did some calculations aex will make around $12m cashflow from 17mmcf of gas, while sdx makes around $13m from selling on 4.5mmcf.This company is cheap..

[slepy] 23/3/2017 20:25

Neo - Aex get around $3 per mcf from Killiwani, so quite a bit less than SDX would.

[milliecusto] 23/3/2017 18:03

Nice 300k buy..no messing

[x54v] 23/3/2017 18:02

"It has now commenced drilling a well which could act as a further catalyst for the share price."

[neo26] 23/3/2017 17:17

del not treble but quadruple it, the pipeline which we have got can take upto 24mmcf/d, we have 75% share so 18mmcf.

Aex recently tested 17mmcf/d on one well it is interesting what they are projected to make their, i can certainly bet its not near what we can make.

[neo26] 23/3/2017 17:15

had it not been for the license to be expiring in SD in april 2017 i think they would have concentrated on gas in Morocco, as it fantastic and almost certain growth.

[deltrotter] 23/3/2017 17:13

Aye, and will be nice if they can treble that throughput in Morocco over the next 12 months neo!!!

[neo26] 23/3/2017 17:03

del

they put our 4.5mmcf gas in Sebou to equivalent of 750bopd, but the margins are excellent it costs us $1 per mcf but we are selling for $9 per mcf, so i think we are making alot more than the $20 per barrel of profit on this asset, more like $13m free cashflow this year, thats over $40 per barrel for the 750 bopd

[borg45] 23/3/2017 16:31

Jeez SDX about to break 50p IDP up as well and that dog of a share Talk Talk is up as well !!!!

[borg45] 23/3/2017 16:29

Slepy I'm pretty confident it will be good news as do the buyers in the last 10mins

[deltrotter] 23/3/2017 15:43

Well, they will be churning out 5500 barrels of oil per day in the next month or so at about $20 per barrel 'profit'. So work out the profit of that over a year and you may come to think that this stock is massively undervalued at the moment notwithstanding what happens at South Disouq.

[slepy] 23/3/2017 15:40

As long as it is good news 😉

[borg45] 23/3/2017 15:28

Beyond me the so called investors have missed this one so far !!! Watch the tsunami when news arrives

[someuwin] 23/3/2017 15:10

As he says..."extraordinarily cheap"

[neo26] 23/3/2017 15:05

Malky really likes this stock, I think the MKT are finally realising the potential, fantastic opportunity...

[plentymorefish] 23/3/2017 15:00

Yep, I can (& will) wait!