Agree. The oil is there and the price is high, why not make hay while the sun shines and get drilling.
26 Jul '14
Why report the production for every month? Without additional wells the existing well decline is pretty stable, we are learning nothing new, this information is just filler. Even after we are provided with a net profit figure and cash balance for H1, that is just book keeping. Why are the institutional investors not asking questions about strategy and drilling campaigns?
21 Jul '14
share price fall
yes, its the impact of whats going on there . no fundamental change to EXi and so should come back when things settle down. Not sure how this will all play out but assume that Putin will step back as not to do so would be a disaster for Russia in the medium term and his own people will not satnd for it as gambier01 pointed out.
21 Jul '14
Share price fall
Yet again we see the share price fall as fearful investors outweigh the brave ones. Well, perhaps not brave just a bit more trusting. This latest price fall is just another chance to pick up some cheap shares but I'd wait a few more days until the government supported anti Russian campaign comes to a close. By the way, I'm not Russian, just glad Britain doesn't have any squabbling neighbours to deal with at the moment.
20 Jul '14
Gamblier01, vgas is very similar to exi.
20 Jul '14
It would appear that Ukrainian rebels armed by the Russian government have carried out this act. I would assume they were trying to shoot down a military plane but through utter incompetence have shot down a civilian airliner. Putin has to take responsibility in my mind, he may not have put in a order in to carry out the attack , but if you give a group of mindless thugs that sort of weaponry then you set the fuse. The Russians have been goaded by the West on the Ukraine issue for years. The provocation has been completely ignored by the Western press as it doesn't suit their narrative - Russia evil / America good. This is the problem with Russian investments, you have a country that still feels the need to project power through the military instead of economic development. Russia has a lot of talent going to waste, one can only dream that Gary Kasparov would gain power and all this sort of conflict would end. In a stable Russia with strong a strong independent judiciary, Russian stocks would take off.
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