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Xcite Energy Share Chat (XEL)

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Share Price: 14.50Bid: 14.50Ask: 15.25Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.75Spread as %: 5.17%Open: 15.75High: 15.75Low: 14.50Yesterday’s Close: 14.50


Share Discussion for Xcite Energy


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JoeSoap
Posts: 941
Off Topic
Opinion:No Opinion
Price:14.50
RE: Development
Sat 19:20
CC Thanks for coming back.
However, I stand by my figures as I expanded my spreadsheet beyond the first 10 years to include all production and it checked out exactly with the numbers in the Appendix. I had to work on it though and found I needed to correct for leap year production! Btw, I have $185.77/b in 2053.

I then used the latest forecast prices and arrived at a revenue of $23,809.8MM, about 14% down, but made no correction for a deferred production start-up.. Now, if they can do something with the Capex in the current market........the NPV might not look too shabby.

joe
 
ceilingcat
Posts: 1,566
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:14.50
RE: Development
Sat 14:48
I did a year by year analysis based on the RAR figures for both production numbers (table 8-18 - P50) and the bentley crude prices (table 12-1), as I wanted to see what the impact was on revenue on a year by year basis.
ceilingcat
Posts: 1,566
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 13:49
You may have been referring to StanleyUK's comment, but that's not what you wrote:

... OGA might be proactive in developing Quad 9 by installing common infrastructure and recovering the cost by a royalty per barrel on the producers who use it?

which is a world apart from assisting operators in marrying a group with a mid-stream infrastructure investor.

Given that drilling for and producing oil is part of the upstream sector, i'm a bit perplexed by this reference to a midstream infrastructure investor. Does it refer to the shared pipeline infrastructure? Was this expected to be a large part of the cost?
Topboy1
Posts: 274
Off Topic
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 13:32
I was referring to stanleys comment as below

"OGA will bring Operators together to determine if developments can share common infrastructure, and thereafter if appropriate, assist in marrying the group with a mid-stream infrastructure investor".

OK. Not the OGA themselves but them putting together an additional party to fund the common items.
ceilingcat
Posts: 1,566
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 13:20
Yes and no.

You only need to read the legislation covering their creation and remit to know what a silly suggestion that is.
Topboy1
Posts: 274
Off Topic
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 13:15
Good afternoon HB. Am I reading too much into what has been intimated here? Are people suggesting the OGA might be proactive in developing Quad 9 by installing common infrastructure and recovering the cost by a royalty per barrel on the producers who use it?
highlandsbull
Posts: 3,661
Observation
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 12:50
As that seemed at the time to come from outside left field as a possible option, not been talked about before, perhaps should not be discarded so lightly..
highlandsbull
Posts: 3,661
Observation
Opinion:No Opinion
Price:14.50
RE: OGA
Sat 12:48
Wonder if this comes back to the news report of Macquarie funding..
LEGENDS
Posts: 799
Off Topic
Opinion:No Opinion
Price:14.50
View Thread (2)
Phase 1 Regional Focus
Sat 12:06
X111
Posts: 1,466
Off Topic
Opinion:No Opinion
Price:14.50
So, who's it going to be?
Sat 09:41
The Chinese
The Norwegians
Or private equity
Who drive BENTLEY to production with Xcite?
Or, a combination?
Knowledgeable investors invest
Simples :-)




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