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Xcite Energy Share Chat (XEL)



Share Price: 46.00Bid: 45.00Ask: 45.50Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.50Spread as %: 1.11%Open: 42.00High: 47.00Low: 41.50Yesterday’s Close: 46.00


Share Discussion for Xcite Energy (XEL)


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The-Lockie
Posts: 889
Question
Opinion:No Opinion
Price:61.75
Next News
25 Sep '14
So what are we waiting for in terms of news prior to FDP submission ? Signed off contracts with our MOU partners ?
 
Rivendell666
Posts: 3,855
Observation
Opinion:Strong Buy
Price:61.00
More PR.... ??
25 Sep '14
25 September 2014 10:47 GMT Xcite Energy is moving into pre-front end engineering and design on the platform for its Bentley heavy-oilfield development in the northern UK North Sea."""

http://www.upstreamonline.com/live/1378004/Pre-FEED-on-UKs-Bentley-platform

Probably just lazy journalism with a re-hash of the Arup news yesterday......

We live in hope....
Rivendell666
Posts: 3,855
Observation
Opinion:No Opinion
Price:61.50
One for us, surely...??
25 Sep '14
""As many as 15 rigs could be removed from the equation off Norway next year, putting a reported 13,500 jobs at risk, due to expiry of their current charters, contract suspensions or an exodus of units overseas.""

http://www.upstreamonline.com/live/1377877/Jobs-fallout-in-Norway-rig-drought?utm_source=Upstreamonline+Daily+Newsletter&utm_campaign=23b777a520-DailyNewsletterUSA_25_09_2014&utm_medium=email&utm_term=0_3d794df7ec-23b777a520-303504929

Can we not manage a FO for the 4C's and take advantage of the low cost.......???
highlandsbull
Posts: 1,211
Observation
Opinion:No Opinion
Price:61.25
View Thread (6)
RE: re: Horizon Geobay
25 Sep '14
Actually Rhum has helped revive Bruce, extend the platform's life.
qwertyqwer25
Posts: 193
Off Topic
Opinion:No Opinion
Price:61.75
View Thread (6)
RE: re: Horizon Geobay
25 Sep '14
Seems like a good idea but Bruce is close to end of life so it wont be a long term solution anyway.
Rivendell666
Posts: 3,855
Observation
Opinion:No Opinion
Price:63.00
Ours...??
25 Sep '14
""Premier Oil Norway AS has awarded Sevan Marine a FEED (Front End Engineering and Design) contract for the hull and marine systems of a Sevan type cylindrical FPSO for operation on the Premier Oil operated Bream field .....
The Mackerel development will be a 17km subsea tie-back to the Bream facilities...""

http://subseaworldnews.com/2014/09/24/bream-fpso-feed-contract-awarded-to-sevan-marine/

And Bressay's only 8km away from us ...??

One of these decades ...??
Diver169
Posts: 705
Off Topic
Opinion:No Opinion
Price:60.75
Arup
25 Sep '14
Arup is working with Xcite Energy Resources Plc, Amec Group Ltd. and Aibel AS to optimise its ACE platform design for the Bentley Oil Field located in the UK Sector of the Northern North Sea.

The project has now moved into the Pre-FEED (Preliminary Front End Engineering Design) stage following the successful completion of the conceptual design and assurance scopes of work.
Arup explains that its existing ACE platform design was selected by Xcite due to the innovative concept having a proven analogue to the Bentley Field application in addition to its ease of installation and removal.
According to Arup, the platform is able to install quickly and efficiently without the requirement for a specialist heavy lift vessel which reduces the overall schedule uncertainty and project risk whilst having the ability to be easily decommissioned at the end of field life – making it an environmentally sensitive and cost-effective solution.
highlandsbull
Posts: 1,211
Observation
Opinion:No Opinion
Price:60.75
View Thread (3)
RE: Arup PR..
25 Sep '14
Hopefully this time XER will be a bit more alert to DECC FDP requirements then they clearely were not with their 2011 ESP submission, and that items such as this ACE are already ticked off by them as being acceptable. Hard not to believe the number of times XER must have been through DECC's doors in the interim with EWT and the rest, that assuming the funding is in place, the Bentley FDP should be a given.
Sellhigh
Posts: 5,691
Off Topic
Opinion:No Opinion
Price:60.75
View Thread (2)
RE: Technology boost
24 Sep '14
"This is a massive leap forward, especially in an offshore setting. The process is relatively inexpensive, meaning the costs for EOR could fall dramatically while yields could rise.
Sellhigh
Posts: 5,691
Off Topic
Opinion:No Opinion
Price:60.75
View Thread (2)
Technology boost
24 Sep '14



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