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Xcite Energy Share Chat (XEL)



Share Price: 68.00Bid: 67.75Ask: 68.00Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.25Spread as %: 0.37%Open: 68.75High: 69.75Low: 67.25Yesterday’s Close: 68.00


Share Discussion for Xcite Energy (XEL)


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CHAPPI
Posts: 5,617
Observation
Opinion:No Opinion
Price:68.00
Barny Brennan
Sat 16:48
I notice he is giving a speech in Aberdeen on Tuesday 6th May at 14.05 - 14.30.

"Unlocking Offshore Heavy Oil -
A Case Study of the Bentley Field, UKCS Block 9/3b
Barny Brennan, Xcite"

http://www.spe-uk.org/aberdeen/wp-content/uploads/2014/04/SPE-Review-April14-web.pdf

Can't have too much publicity:)

Maybe we have something to shout about!
 
MajorEvent
Posts: 369
Off Topic
Opinion:No Opinion
Price:68.00
GKP O/T
Sat 16:23
It's all kicking off over there. Seems the BOD need to have some answers for share holders. More negatively for AIM oilies.

Skierpaul caught up in the mess - seems he sold XEL at a loss to buy there.

Never fancied it myself - happy to invest in the North sea
ugiebear
Posts: 1,210
Observation
Opinion:No Opinion
Price:68.00
RE:Service companies
Sat 15:46
AMEC want to be embedded in the Bentley development - either in partnership with XEL or (perhaps more importantly), with a view to securing long term lucrative contracts if the asset is sold IMO.

Also interesting to note there is an exclusivity clause in the MOU with Teekay - looks like they don't want anyone else muscling in either.
Sellhigh
Posts: 5,411
Off Topic
Opinion:No Opinion
Price:68.00
Bressay
Sat 15:14
Statoil were going to throw billions at the field. Now XEL has shown them they can proceed for a mere $700m and have demonstrated how low the break even point per barrel is.

There must be some brass is this field.
Sellhigh
Posts: 5,411
Off Topic
Opinion:No Opinion
Price:68.00
View Thread (3)
RE: Great boost
Sat 15:08
Chappi - you are certainly on a roll at the moment - well done with your research
Sellhigh
Posts: 5,411
Off Topic
Opinion:No Opinion
Price:68.00
Service companies
Sat 15:06
As the Bressay development will almost certainly be a mirror image of the Bentley FDP. The service companies will see that working on Bentley will get them a foot in the door to work on the statoil fields. There is lots of heavy oil left to extract in the North Sea and these companies must see the opportunity here.
Chefmarco
Posts: 1
Off Topic
Opinion:Strong Buy
Price:68.00
RE.QUESTION
Sat 14:46
Hi, I'm sure in years gone by ,that xcite stated that it flows from Bressay into Bentley. I appreciate this is my first post , I have been an xcite investor for many years .
Yanchep
Posts: 590
Off Topic
Opinion:No Opinion
Price:68.00
View Thread (2)
RE: Question
Sat 14:27
If only it was that easy - sucking the oil over km's from a single point. Being joined demonstrates the fields are alike. They still need to develop both fields. Lots of wells across the fields required.
boss007
Posts: 551
Observation
Opinion:Strong Buy
Price:68.00
View Thread (2)
Question
Sat 13:30
Hi Chappi....the theory is that both bentley and bressay are linked.....if so which way does it flow.......If it flows from bentley into bresssay that is no good? We are losing out......;(
CHAPPI
Posts: 5,617
Observation
Opinion:No Opinion
Price:68.00
View Thread (3)
RE: Great boost
Sat 13:05
It's a very significant piece of news (hence why I decided to post it up yesterday for some Easter weekend cheer!)...

I think its a double whammy of great news, first obviously that Statoil are proceeding with Bressay, but more importantly that they have viewed our data and are changing their plans to a "phased" approach most probably!

What a testament to our expertise that is in my opinion.

Now what about this "un-compromised" IP , will they need that also? I hope so.....



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