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Xcite Energy Share Chat (XEL)



Share Price: 68.50Bid: 67.50Ask: 68.50Change: 0.75 (+1.11%)Riser - Xcite Energy
Spread: 1.00Spread as %: 1.48%Open: 68.75High: 68.50Low: 67.75Yesterday’s Close: 67.75


Share Discussion for Xcite Energy (XEL)


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Ducksoup
Posts: 9,580
Off Topic
Opinion:No Opinion
Price:62.50
RE: Adam2012
31 Mar '14
what?
 
statusquo
Posts: 302
Off Topic
Opinion:No Opinion
Price:62.50
View Thread (2)
looks like deja vu
31 Mar '14
Just seen the Paul Rutherford on youtube clip 7 dec 2011. How things have not changed except the sp.
highlandsbull
Posts: 666
Observation
Opinion:No Opinion
Price:62.50
View Thread (2)
RE: i need news
31 Mar '14
Yep, we need the information as to DECC/FDP/RBL can be completed with a contractor led Alliance and a rig be put out there to start drilling wells, autumn hopefully, followed by a mooring system, FSO and platform later. Forget Statoil and dreams of jv from that source, times up, back to 1a/b with any luck. Get the new scheme in place for announcement prior to the AGM, they just have to dust off/update what they already were talking about four years ago..
Adam2012
Posts: 6,070
Off Topic
Opinion:Strong Buy
Price:62.50
begi....
31 Mar '14
wot they saying?????
whatwhat
Posts: 784
Off Topic
Opinion:No Opinion
Price:62.50
View Thread (2)
i need news
31 Mar '14
from rem and another 1week for kea to sell up and get my lot in here easy 40% to me made very soon. just hope im not to late, knowing my luck i will be. GLA
highlandsbull
Posts: 666
Observation
Opinion:No Opinion
Price:63.25
Egos..
31 Mar '14
One begins to wonder with all this seeming vacillation on the part of other oilcos to become involved in Bentley, is it just money and a deal at the right price, or perhaps do they not comprehend the technology that got XEL to prove up the successful EWT results and are fearful of jumping in. XEL has from what they have reported on so far, got it wrong re the gap up in the development programme they proposed, nobody seems to want to jv, at least at the right price and stake. Statoil have got it wrong in that the Bentley test data clearly put someone's nose out of joint there. Potentially billions in development costs saved for Bressay and other fields, delays, surely the guy(s) who proposed that scheme deserve to be fired, but may not be if the arrow falls near the top of the tree, probably promotion looms.. In the meantime, serious plan re-hashing going on, and they are up to the review period on part of their lease. And BP, hoping for millions in HO Bentley barrels cheaply flowing their way, have to stand on the sidelines watching ongoing flagellation at both parties, and the venture stalled for now, even a risk it could thereby be snapped up elsewhere on the cheap with frustrated stockholders abandoning ship..
bonker99
Posts: 12,895
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:62.25
View Thread (4)
RE: L2
31 Mar '14
the 50k bid has gone I meant.
bonker99
Posts: 12,895
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:62.25
View Thread (4)
RE: L2
31 Mar '14
Looks like it's gone - selling at 63.50 now - 52p if it turns down again??
highlandsbull
Posts: 666
Observation
Opinion:No Opinion
Price:62.25
View Thread (5)
RE: Not enough cash to progress
31 Mar '14
Their PR has become too much like an old boys club, implying all's well in the hen house when clearly the end results after all this time are not what stockholders were led to believe was the correct path they in their wisdom put us on going forward. They are the people talking to the likes of Statoil, BP, other oilcos and contractors. If it's not worked then, and the sp and stockholders are suffering to the extent they are, then bu@*er diplomacy and secret agreements that may not have panned out. At least give us the lowdown, factual information as to who presented themselves at the data room, what response the company had by their peers to the data presented, and why has this process initiated by the BoD taken so long (unsuccessfully it seems) to conclude. From what's been proposed so far, what are the comparative economics to going the route they started on before with an Alliance, and probably except for ego should never have left, and now seems to be back in favour again. Enlighten us please, in the light of this joke market scenario affecting us all in relation to the size of the asset the company reportedly has, and that they are supposed on our behalf to be 'managing'.
bonker99
Posts: 12,895
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:62.50
View Thread (4)
RE: L2
31 Mar '14
50k on the bid has turned this around on the spot more times than I can tell you mate - specifically the previous 64.75 low - could be fake of course butcha never know - if it ain't a 58 bottom it's 50p imo - 66p to beat ...



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