Xcite Energy Share Discussion Threads

[up just a little bit] 03/11/2014 16:29

Stand in the corner and Face the wall both of you.

[up just a little bit] 03/11/2014 16:26

Language Timothy.

[mikepage19] 03/11/2014 16:26

Hope he hasn't forgotten about that free meal he got from XEL last year-

[mclellan] 03/11/2014 15:49

Poor old Buroo..lost his buddy

[mclellan] 03/11/2014 10:17

I've put that link in the header.



Let's hope that 'close' means 'close'.

[mclellan] 03/11/2014 08:12

Morning all-thanks again, mike for all the info

[carla1] 03/11/2014 08:05

Morning....

Looking good ...50p today...

Its a BLUEY

[mikepage19] 02/11/2014 20:04

The figures are expected to come on top of money already spent by China in the North Sea, where state-controlled CNOOC paid £9.7bn to acquire Canadian explorer Nexen in 2012. Separately, China’s Sinopec acquired a 49 per cent stake in Talisman Energy’s UK operations. .

The next line might read-
And Xcite energy for $3.0bn in 2015.

[mikepage19] 02/11/2014 19:59

Just in case you wonder why I mentioned CNOOC-

[mikepage19] 02/11/2014 19:50

The Statoil/Shell collaboration agreement in full swing-

The business units containing the semi submersibles (Offshore Rig Services AS) was registered in May 2005. The vision was to build and operate fit for purpose semi submersible drilling units for drilling in mid water down to 750 meter. In August 2006 Offshore Rig Services changed company name to OffRig Drilling ASA.
In February 2007 Awilco Offshore ASA acquired 100% of the shares in OffRig Drilling ASA and the company changed name to Awilco Offshore Semi AS. In April 2007 Awilco Offshore Semi AS was awarded two long term drilling contracts for two semi submersible drilling units by Norsk Hydro Produksjon AS on behalf of the license partners of the Troll Production License for 8 years each plus 8 x 1 year options. In July 2008 China Oilfield Services Limited offered to purchase all shares in Awilco Offshore ASA. The purchase was effective from close of trading on Oslo Stock Exchange on 15 October 2008 and then Awilco Offshore ASA was de-listed from the Oslo Stock Exchange. The company changed name to COSL Drilling Europe AS.
After the take-over, COSL Drilling Europe has taken delivery of the three semi-submersible drilling units which were constructed in China and the two accommodation units - COSLRival and COSLRigmar has been operated by COSL from respectively 2010 and 2011.
The three semi submersible drilling rigs were delivered from the yard respectively November 2010 (COSLPioneer), November 2011 (COSLInnovator) and May 2012 (COSLPromoter). The COSLPioneer, commenced drilling operations for Statoil in August 2011. The COSLInnovator and COSLPromoter commenced drilling and completions operations on the Troll field for Statoil in January 2013 and April 2013.
In December 2011 COSL signed the construction contract with CIMC Raffles Offshore to construct our semi-submersible drilling unit no. 4, named COSLProspector. Delivery of this unit from the yard will be in Q4 2014. This yard is the same that has constructed drilling unit no. 1-3.All drilling units have proven high performance delivery and proven that the rig design is highly efficient.

[mikepage19] 02/11/2014 19:46

One to keep an eye on-



Also my reasons why-
Cnooc already has oil and gas assets in north and south America, Africa and Australia. It bought Nexen for $15.1 billion in 2013 in China’s biggest overseas acquisition, expanding into the U.K. North Sea. Nexen exited Norway before it was acquired.

[carla1] 01/11/2014 18:17

Great Stuff Mike :-)

[mclellan] 01/11/2014 17:19

Good research, mikepage

[credithow] 01/11/2014 16:54

Clumpy, the oil is out of the can and N3 gone AWOL....拜308;啦! Clumpy.

[irnbru2] 01/11/2014 16:48

P2.
Ailsabighead.

How's it going guys.

Is this what was expected.

[irnbru2] 01/11/2014 16:25

mikepage19   1 Nov'14 - 16:03 - 48700 of 48701   0 0

I wonder if the rig news was a deliberate leak by the company; very clever.
-----

If you are gong to wonder, about anything, try Bressey.

It's is on hold.

I would like to say, people are gob smacked, at how little time it has taken STL, to get in line, with Shell.

Let's face it, the service companies were out of order, completely.

It had to be done.