Sdx Energy Share Discussion Threads

[neo26] 19/4/2017 14:10

PlentyfishThey said South Disouq can be worth 20k-25k boepd net to sdx.They will need money to increase production here, which they have..PW is also looking at buying another distressed asset, I'm confident they will buy another by year end...Those large players were not stupid when they wanted to farm in here after the 3 d results, even though we already had a partner...Strong buy

[plentymorefish] 19/4/2017 14:06

Question is, what will they do with all the cash? In business it's better invest than keep it as cash as propels growth or will they pay a divi? I know they're on the lookout for, as they put it, 'distressed assets which are value accretive'... I wonder what/where/who!

[borg45] 19/4/2017 14:05

With all that's going on with SDX I carn't fathom why people are selling??

[neo26] 19/4/2017 14:04

Current MKT cap should be close to 200m, and if they strike oil within two weeks it should be 400m...IMHOThis company is making $4.5m per month and has no debt, has near $50m in cash and receivables..Monday gas find is transformational in the sense they have many targets which resemble this gas find...This will be one of the best aim stock of the year..

[nasnas1] 19/4/2017 13:56

Market cap has a lot of catching up to do looking at AEX and Sou. Expect this to be north of 7th come Friday

[neo26] 19/4/2017 13:51

One of those horizons will hopefully strike oil.. :-)

[trulyscrumptious] 19/4/2017 13:45

neo26. Thanks for posting that map, the excitement is starting to mount and the champagne's on ice.

[someuwin] 19/4/2017 13:37

its another v high volume day.

[neo26] 19/4/2017 11:53

SimonYes!!!!!!

[blueball] 19/4/2017 11:50

Getting closer to 65p by the day.

[simonparker5] 19/4/2017 11:47

So we potentially have 3 bites at the cherry on finding oil! This could get very exciting over the next few days.

[shakeypremis] 19/4/2017 11:46

I hope they go after KES again if they have missed it this time around, could be a decent amount of gas there. Even the two smaller targets in KES may be worth drilling, more so the one on the left.

[neo26] 19/4/2017 11:44

nasnas

that what PW said yesterday they have 3 to 4 prospects which are similar to this well... The abu madi section that is for gas...

[nasnas1] 19/4/2017 11:42

The block is quite extensive so I would expect at least 3 /4 subsequent drills within the block to really get production ramped up

[nasnas1] 19/4/2017 11:41

The seismic interpretation was spot on. These guys have experience in this field. One of them worked with Apache which we all know is huge. I am here for the oil and interest and speculation will build as we head into this zone. on the cusp of transformational news.

[neo26] 19/4/2017 11:41

Cash from the image above it does appear they only clipped KES..

[neo26] 19/4/2017 11:38

nasnas

if you look at the seismic diagram, the first oil horizon is not far from abu madi gas zone, they may be their now!!!!

[cashandcard] 19/4/2017 11:34

tgg,

You could well be right.

However, they make no mention of the KES at all - the KES was the shallowest horizon in this well.

In the interview, PW mentions main target intervals/horizons. The Abu-Madi in this trend is generally characterised by two (sometimes more) sands; the upper and lower Abu-Madi. I think the 65ft was netpay from both combined. I suspect they may have missed KES or clipped an insignificant thin stringer type sand which is included in gross pay - which they do not comment on.


Cash

[nasnas1] 19/4/2017 11:33

Days away from hitting oil target

[thegreatgeraldo] 19/4/2017 11:29

cashandcard
19 Apr '17 - 11:14 - 1529 of 1533 0 0
They mention horizons with netpay of 65ft (20m). I suspect that will include the upper and lower Abu-Madi sands.

...that's not how I read it. I took the pay to be in the principle target, the shallower secondary target was in the Kafe el sheikh sands.

[trapissed monk] 19/4/2017 11:20

Getting pretty excited now.

[brasso3] 19/4/2017 11:20

Seller cleared.

[nasnas1] 19/4/2017 11:15

Get in early

[nasnas1] 19/4/2017 11:15

Remember we will be hitting the oil zone in the next 5 days. Game changer