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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 31.75Bid: 31.75Ask: 32.50Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.75Spread as %: 2.36%Open: 32.00High: 33.75Low: 31.75Yesterday’s Close: 31.75


Share Discussion for Xcite Energy (XEL)


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mainshare
Posts: 1,006
Off Topic
Opinion:No Opinion
Price:38.25
View Thread (4)
RE: Edison Note
19 Dec '14
and if the oil price goes back to $80pb ....what would the SP be then?
 
MajorEvent
Posts: 698
Off Topic
Opinion:No Opinion
Price:38.25
funding.
19 Dec '14
Financing: Contractor partner model expands options

Following finalisation of the technical and commercial agreements with the contracting group, Xcite will then (and only then) look to finalise financing. Few indications have been given as to the overall make-up of the financing as this will be a key part of the commercial negotiations with the partnering contractor group. However, we expect the funding to most likely come from three sources, as follows:
 A degree of cost carry from partnering contractors for field services and equipment supply;
 Project finance on key offshore facilities (most probably the MOPU platform); and
Xcite Energy | 19 December 2014 6
 Corporate debt, either bonds or reserve-based lending (RBL), to cover the outstanding balance of development costs over and above the two above. As a reminder, Xcite previously signed a $155m RBL facility agreement in June 2012, with drawdown subject to successfully completing a number of objectives during the 9/03b-7 EWT. This was based on expected 2P reserves at the time of c 116mmboe. Xcite would expect to secure a reserve-based facility well in excess of this given the subsequent increase in 1P reserves to the current 203mmbbl.
While the overall funding package remains to be defined, Xcite has made it clear it does not intend to utilise equity for any additional funding.
MajorEvent
Posts: 698
Off Topic
Opinion:No Opinion
Price:37.75
View Thread (4)
RE: Edison Note
19 Dec '14
"Our base case valuation of 126p/share is based on conservative finance assumptions that we expect to increase to 152p in the event of FDP approval, potentially in H215."

about right in this market i would say
Watchthewind
Posts: 165
Off Topic
Opinion:No Opinion
Price:37.75
Mariner deal ...
19 Dec '14
Just breaking ...Statoil award Mariner development contract to Schlumberger
Ducksoup
Posts: 11,808
Off Topic
Opinion:No Opinion
Price:37.25
scott
19 Dec '14
You have issues mate that need attended to
ScottOil
Posts: 313
Off Topic
Opinion:No Opinion
Price:37.25
Edison report H22015 4 FDP approval
19 Dec '14
A shade under 6 months later than XEL investors hoped for but by this company's timekeeping these past 3 years it could almost be called early.....
ScottOil
Posts: 313
Off Topic
Opinion:No Opinion
Price:37.25
Statoil using XEL blueprint
19 Dec '14
bluedaysturnred
Posts: 65
Off Topic
Opinion:No Opinion
Price:37.50
Strong afternoon
19 Dec '14
Let's hope for the same strong p.m. showing today as per the last 3 days. A blue finish would be terrific but anything above 37.5 looks pretty bullish to me. What do our chartists out there say? I know scott our resident lunatic will agree today but probably disagree come Monday!
bluedaysturnred
Posts: 65
Off Topic
Opinion:No Opinion
Price:37.00
Is Scott oil
19 Dec '14
bipolar or just simply Schizophrenic? Either way his posts are laughable? I seriously think he needs help!





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