Sdx Energy Share Discussion Threads

[soulsauce] 13/4/2017 10:35

No point speculating on time taken and delay means good or bad, been through all those scenarios before, just got to wait and hope.

[deltrotter] 13/4/2017 10:31

So would they test there and then carry on....?

[neo26] 13/4/2017 10:26

CashI'm taking this as a positive, PW was adamant this was 30 day well before drilling.. Right now they will be in Abu madi section..IMHO..

[neo26] 13/4/2017 08:42

Volume low, mm took it down..Current share price with free cashflow of 31m expected this year and 41m by 2018, current share price is massively cheap.SD 1x well is not priced in at all, don't know why we have jittered investors. Remaining 2017 is going to be busy, drilling 7 wells in Morocco...

[cashandcard] 13/4/2017 08:36

neo26,

I would say within a fortnight. As we all know, in this business, any number of things can cause delays. End of nextweek or the week after would be realistic for an update.


Cash

[deltrotter] 13/4/2017 08:18

Market makers fleecing the PIs I see.....

[neo26] 13/4/2017 07:40

Considering long weekend coming, today will be cut off today, I'm convinced first thing Tuesday, they wanted to update us when they cross Abu madi they haven't done that yet.PW said its a 30 to 45 day well, depending on what they find, if they found nothing they would have crossed Abu madi and informed us.The longer it takes the more likely of a strike...

[pauliewonder] 13/4/2017 07:26

So no update this morning. If there is no intra-day update then I make Tuesday day 29 of a 30 day well that they were going to update when through Abu Madi.The only reason for the delay in my mind could be gas or technical issues, and if it was technical issues we would have heard about it. If they found gas on the other hand, the. This could be a reason for the delay

[potential] 12/4/2017 16:28

This is firing tom !!!

[ziblot] 12/4/2017 15:31

Looks like they are going to bounce it off the 50mark.

[rapiddave] 12/4/2017 14:25

$30m and $40m above are figures relating to Profit from operations

[lauders] 12/4/2017 14:25

Hope you are correct neo26. Guess it will not be too long before we are certain. Nice Easter present would go down well!

[rapiddave] 12/4/2017 14:24

That's the fantastic nature of this Company.. 7000boepd expected by end of 2017 BEFORE any upside from SD-1 Where is the downside?Upside is potentially over 6 times the current production.. Onshore (cheap to produce) with Production infrastructure 6km (or in time, 3 months) awaycurrent production generates ~$30m 2017 and ~$40m 2018Do the numbers look attractive on a risk V reward basis?

[neo26] 12/4/2017 13:55

LaundersSd1 well is not priced in here at all...

[lauders] 12/4/2017 13:27

Added a few more here today. Hopefully a wise decision. If we don't have a positive outcome for any reason there will be a dip and I may well have been able to add lower, but we just don't know, it may go the other way. The next drilling operation sounds like it may well be better, so no harm waiting a bit longer if necessary.

[rapiddave] 12/4/2017 12:50

That's the word on the grapevine.. given 90% CoS for Gas based on 3D hotspots ... Its quite possible

[nasnas1] 12/4/2017 12:12

Hearing rumblings of a gas find at Abu Madi???? Anyone?

[niceyman1] 12/4/2017 11:51

Up .75p and something is happening? Up 10p and something is really happening!

[ifthecapfits] 12/4/2017 11:32

RNS lodged then - news leaking (or is it gas)?

[blueball] 12/4/2017 11:06

Whats happening..?

[deanroberthunt] 12/4/2017 11:06

bottom of the rising channel, next stop 60p

[someuwin] 12/4/2017 10:48

Bloomberg‏᠅0;Verified account @business · 5 hours ago

Oil records the biggest rally since December on optimism that Saudis will support output cuts

[someuwin] 12/4/2017 08:11

Up day I think.

[cashandcard] 11/4/2017 16:43

ENI's Nooros field in the Abu-Madi/Baltim play is remarkeable. To the north of SDX concession and just off the coast (wells are drilled to it from onshore, at a beach location) they have managed to achieve massive production numbers. Aiming for 1bln cfpd of gas and liquids. Its a highly productive field, very low cost operation.


Cash