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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 38.00Bid: 37.50Ask: 38.50Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 1.00Spread as %: 2.67%Open: 33.25High: 38.75Low: 33.25Yesterday’s Close: 38.00


Share Discussion for Xcite Energy (XEL)


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neilyone
Posts: 81
Observation
Opinion:Strong Buy
Price:38.00
re:fdp
Today 02:28
spkiller I take it. you do not agree fdp late summer
then ...,can you please be a bit more diplomatic with your
comments there is no need for these aggressive comments
all the time, one would think you were a complete and utter wassik
hows your short by the way?
 
SPKiller
Posts: 1,263
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:38.00
View Thread (2)
RE: FDP
Sun 22:49
"When FDP is finally signed off by DECC late summer".

I'm assuming you've pulled this "fact" out of your posterior?

Somewhat undermines everything you say when you add your spin.
highlandsbull
Posts: 1,810
Observation
Opinion:No Opinion
Price:38.00
View Thread (3)
RE: the bigger picture
Sun 18:47
With the possible size of Blackbeard and the other identified fields it would be ideal if XEL can extract them from any Bentley negotiations, ideally keep any supply to Bentley directly under XEL ownership and control. A more logical 3rd partner if at all, other than Statoil and/or CNOOC, might be BP, at least they have already a HO offtake agreement with XEL. Even Bruce might be an alternative route to market for Blackbeard oil, being close by. Many permutations, sigh, see what wins out..
highlandsbull
Posts: 1,810
Observation
Opinion:No Opinion
Price:38.00
View Thread (2)
RE: highlandsbull
Sun 18:22
Personally believe the rig timing has gone back, even early last month KFELS said they were still in negotiations when asked. Until 30/4 RNS RC has consistently stated rig 'due to be built' or words to that effect, until that last RNS rig 'under construction'. The rig is being designed to integrate with XEL's scope of work and specifically with the MOPU, so likely timing will be tailored to match installation of all in the field 2018 prior drillling commencement thereafter. Also, a semi would be more suitable to shuttle around cleaning up the old wells as now seems the plan, and hopefully a drill of Blackbeard and/or 9/9f.

For Phase 2 it's a little hard to understand why XEL are not showing an ACE platform for that PUQ. If the type is deemed suitable for Phase 1, why not for Phase 2? Might be an interesting question for someone to raise at the AGM, as surely will be one to raise also on timing of the rig's arrival Dundee range.
Topboy1
Posts: 53
Off Topic
Opinion:No Opinion
Price:38.00
View Thread (3)
RE: the bigger picture
Sun 17:52
Ive always had the view that Total will have some interface with Xcite at some point. There is this shared block for one thing and Totals expertise in HO refining and more recently the refinery refit in Rotterdam. But also the undrilled blocks are supposed to be potentially lighter oil which would be useful in providing a better blend for marketing the Bentley crude. The problem might be that Statoil might not want to leave room for Total on Bentley. However that would not stop Xcit Mk11 doing a separate deal in the future for the new blocks. Thanks again LEGENDS for keeping these issue at the forefront. You might upset one or two soon but that wont be a worry for you Im sure.
LEGENDS
Posts: 116
Off Topic
Opinion:No Opinion
Price:38.00
View Thread (2)
FDP
Sun 17:19
As Chappi keeps correctly pointing out.

When FDP is finally signed off by DECC late summer. Then and only then, will the Bentley Beast show it's true value.
Plan B finished= FDP sanctioned
Plan A started- Full Asset Sale Of Greater Bentley
Plan C complete- XER give birth to XEL2 with BOD changes.
LEGENDS
Posts: 116
Off Topic
Opinion:No Opinion
Price:38.00
View Thread (2)
highlandsbull
Sun 17:09
Spot on.

Don't forget people. Bentley South, Phase 2, will probably require some sort of engineering drill programme prior to FEED for that phase.

As posted, the so called XER rig will be delivered in Q12017. Yes it will take several months to equip for UKCS operation (unless she is kitted out during construction) but, they could have her on site, Bentley South late summer 2017.
LEGENDS
Posts: 116
Off Topic
Opinion:No Opinion
Price:38.00
furryboots
Sun 16:58
They had good reason to visit Paris back in the summer of 2013. Unfortunately at that time a deal fell through; apparently....

Wonder why they held the 2013 and 2014 AGM in Paris????

2013 AGM
Location Hotel Mercure Paris Terminus Nord, 12 Boulevard De Denain, Paris, France.
Date Thursday, 16 May 2013
Time 14:00 (CET)

2014 AGM
Location Hotel Napoleon, Salons De L’Etoile, 38-40 Avenue de Friedland, Paris
Date 15 May 2014
Time 15:00 local time (UTC: +1:00)
highlandsbull
Posts: 1,810
Observation
Opinion:No Opinion
Price:38.00
View Thread (2)
RE: Legends
Sun 16:50
Yep this should be the second part of success from Bentley funding, FDP, and jv partners cash input from the recovery portion due to XEL of expenditure on Bentley to date. This will allow well(s) to be drilled into these blocks, either solely funded by XEL or free carry jv for the drilling costs. One way or another they should get sanctioned and drilled. What was Blackbeard potential again, 500m bbls oip? Not a month to consider sale of one's XEL imo..
X111
Posts: 239
Off Topic
Opinion:No Opinion
Price:38.00
Global options
Sun 15:46
What are people thinking about the global options, if the share price keeps going in the next few weeks?
Looks like this rise will be very well timed for them, AGM, FDP coming, Potential interest from farm ;in to takeover and re- rate on FDP?
Seems very coincidental that the rise has started right about when it's most beneficial for them?
Tells you why we were sitting at 27/28 for so long and who was behind it; in my opinion ??





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