Xcite Energy Share Discussion Threads

[irnbru2] 07/11/2014 09:34

mcl, Carla, Hamish, P2,

Post please.....we need this further up ADVFN BB league.

I am paying for this.

[mclellan] 07/11/2014 09:32

Does anyone understand the trading pattern?

[irnbru2] 07/11/2014 09:32

Arlington Chetwynd Talbot   7 Nov'14 - 09:17 - 49037 of 49047   0 2

"Someone commented on the BB of a different Aim company, that the number of shares sold short probably exceeded the number actually in issue."

That's a company I need to follow, which one is it leedskier?
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Lol.

[mikepage19] 07/11/2014 09:31

Block 9/11f STATOIL and 9/11e (Split) STATOIL.

[irnbru2] 07/11/2014 09:27

Theres a real battle being fought on the shareprice....

Incredible.....

Someones desperate to keep it down.
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Yes, we know, it is called "the dump"

[mikepage19] 07/11/2014 09:27

28th -

27th -

[ianio5691] 07/11/2014 09:25

Theres a real battle being fought on the shareprice....

Incredible.....

Someones desperate to keep it down.

[mikepage19] 07/11/2014 09:24

All you need to know-

[tipjunkie] 07/11/2014 09:21

it looks to me like a massive order being filled

[mikepage19] 07/11/2014 09:21

Looking forward to see what acreage they won next to Bentley/Bressay-

Statoil is on the hunt for its next Johan Sverdrup – this time on the UK divide of the North Sea, according to its exploration manager Tom Dreyer.

Tom spoke to Energy Voice after the Norwegian operator made out as one of the biggest winners in the 28th UK North Sea licensing round. The major industry player snapped up 8000sq km of acreage, winning all of the 12 licences it applied for.

The opportunities amassed by the firm on the UK side of the North Sea, strategically located on near its Mariner and Bressay projects, leave it all to play for, according to Tom.

The first step in the process is to apply the techniques leveraged to unearth Johan to targets identified in the UK North Sea.

“We have a history of being successful in very mature areas,” he said.

“We have identified a couple of areas that we could use that same process initially. We would use the data and deploy the meteorology we used to find Johan Svedrup in the UK.

“If you compare the UK side and the Norwegian side of the North Sea they are not that dissimilar.

“The reserves should be there, however, every easy and obvious opportunity has been tested.

“You really have to go out of your way and come up with more subtle projects.

“We have five or 10 opportunities in the UK and some of these could have the potential to be at least half of Johan.

“We are cautiously optimistic in having two more major successes over the next five years.

“We reckon that we have amassed the acreage which could yield between five and 10 similar opportunities.”

The firm is already committed to drilling two exploration wells next year – both awarded in last year’s bid.

Tom added Statoil could be ready to drill an additional two exploration wells on the back of yesterday’s winnings as early as 2016, but warned it depended heavily on the future make-up of the UK’s fiscal regime.

He added: “We are committed to drilling two wells from our previous allotment next year but the key for us and what we want to do includes an element of improvement from the UK fiscal regime.

“We know the UK regulator is working with the fiscal regime on several aspects. If changes were to happen then we would be able to commit to even more wells.”

In terms of its on-hold, multi-billion dollar Bressay project, more favourable fiscal changes geared toward incentivising ultra-deep, heavy oil wells would see the scheme come to fruition much quicker, according to the production manager.

But for today, Statoil remains committed to cultivating its UK North Sea business.

Tom added the firm has made a strategic effort to better balance the operator’s assets on both sides of the divide.

“We were pretty unbalanced across the North Sea three years ago,” he said.

“If you looked at map everything was focused on the Norwegian side.

“We have a lot of concepts we have not seen tested and want to see each one tested.”

[irnbru2] 07/11/2014 09:20

mclellan   7 Nov'14 - 09:16 - 49035 of 49038   1 0

leedskier- first time that pattern has been seen here for a long time.
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What, the pump and dump pattern?

We see it all the time.

[tipjunkie] 07/11/2014 09:20

lol mike

nice to have some positive vibes on here

i hope carla can contain her excitement when this BLOWWWSS!!!!!

[irnbru2] 07/11/2014 09:18

I can understand AT buying, but who are the selling counter parties at these prices?
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It is a P&D.

The guys that bought, to ramp it up, are now selling.

[arlington chetwynd talbot] 07/11/2014 09:17

"Someone commented on the BB of a different Aim company, that the number of shares sold short probably exceeded the number actually in issue."

That's a company I need to follow, which one is it leedskier?

[mikepage19] 07/11/2014 09:17

Honestly in the 7 years invested here I have never seen an intraday chart like it.
Something is brewing, and it's not my teapot.

[mclellan] 07/11/2014 09:16

leedskier- first time that pattern has been seen here for a long time...or possibly ever.

[mikepage19] 07/11/2014 09:15

tipjunkie , nice one!

[irnbru2] 07/11/2014 09:14

Ok, that's it, over.

A 4p pump, is good, can we have the dump now please.

[mikepage19] 07/11/2014 09:13

Lets hope CLC gives us the double or treble speech.

Double = £0.88 and Treble = £1.32
Just kidding...

Now I wonder what game changing information/news they will have to offer during their presentation to investors at Oilbarrel?

[leedskier] 07/11/2014 09:12

The top left chart shows the automated traders at work.

Asset Managers (which have replaced long only pension funds as the major participants on London Markets) tend to keep the price tight when a share transfer is in progress.

I can understand AT buying, but who are the selling counter parties at these prices?

I often wonder with these Aim companies how many shares there are in cyberspace c/f the number actually issued.

Someone commented on the BB of a different Aim company, that the number of shares sold short probably exceeded the number actually in issue.

Naked shorting of Aim companies needs to be reigned in by the FCA.

[irnbru2] 07/11/2014 09:12

I tip my hat to you (see what i did there!!!)

cheers 'real ones'!
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Idiot.

[tipjunkie] 07/11/2014 09:09

keep up the awesome research mike

I tip my hat to you (see what i did there!!!)

cheers 'real ones'!

[irnbru2] 07/11/2014 09:07

Rig contract, translated fro Chinease.

Somes you lot up.