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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 26.00Bid: 26.00Ask: 26.50Change: -1.75 (-6.31%)Faller - Xcite Energy
Spread: 0.50Spread as %: 1.92%Open: 27.50High: 27.75Low: 24.75Yesterday’s Close: 27.75


Share Discussion for Xcite Energy (XEL)


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highlandsbull
Posts: 1,424
Observation
Opinion:No Opinion
Price:35.25
View Thread (4)
RE: value
1 Jan '15
Action on this will also help with XER applications for future awards, if XER is still around by then..
 
CHAPPI
Posts: 6,115
Observation
Opinion:No Opinion
Price:35.25
View Thread (7)
RE: Rig costs
1 Jan '15
"I think using $30 per barrel for both opex and capex is not possible unless you use the entire 257million barrels as being produced, which will take 35 years."

==========================================================

How else do you determine the costs of an oil-field to a per bbl basis? This is how the industry marks out an oil-field and its viability, but as per usual you wish to try and put your own take on it and as per usual you are proven that you in fact are once again wrong. (ie please show examples of how oilfields are costed in any other way than how our RAR presented)..........

You just make it up as you go along eh?
highlandsbull
Posts: 1,424
Observation
Opinion:No Opinion
Price:35.25
View Thread (4)
RE: value
1 Jan '15
The 27th Round awards have to be drilied or dropped by 2016. There has to be action on that prior to Bentley start up, so interesting times ahead in 2015.
tuscanraider
Posts: 511
Off Topic
Opinion:No Opinion
Price:35.25
View Thread (4)
value
1 Jan '15
once we have the fdp etc , the share will rise to around £1.20 to £1.50. Seeing as how we won't be pumping oil till 2018 , the oil price will be closer to $80 to $100 when we start pumping . So the share price is likely to rise back to £4 plus , as we get closer to the pumping date and things progress . This rise of course will be helped quicker as the oil price recovers . Pretty obvious really
Diver69
Posts: 91
Off Topic
Opinion:No Opinion
Price:35.25
Valuation
1 Jan '15
Once these traded for £4+,Rockhopper traded once for £5+,if only.
highlandsbull
Posts: 1,424
Observation
Opinion:No Opinion
Price:35.25
View Thread (2)
RE: My valuation
1 Jan '15
Has to be something also for the 27th Round awards. Once the Bentley FDP is in and approved, from the funds released by that event, via jv partners in particular, hopefully XER can fire up one of those currently cheap semis available for a 2015 summer campaign to test and perchance add further to reserves thereby.
CloudSpin
Posts: 7
Off Topic
Opinion:No Opinion
Price:35.25
View Thread (2)
My valuation
1 Jan '15
How much is each of our shares worth? Here is my evaluation on a 2P basis:

In the ground: 257 MM barrels (RAR report)

Sort of in the ground: 48 MM barrels (I find it very hard to believe the 2C stuff remains in the ground after 35 years of production including EOR)

BOE in the gas caps: 49.4 MM barrels (you need to do some high school math to figure this one out from the RAR report)

So, each share is worth (257+48+49.4)/ 357.9 = 0.99 BOE per share

Now, crude oil reserves sell for more than $ 10 per barrel. $ 15 is a reasonable average. The cost of finding new reserves is more than $ 20. The Ithaca - Valiant Petroleum merger priced 2P barrels of reserves at $ 16.

Now you need to do a little more high school math to figure out how much your shares are worth.

Have a happy 2015!
Diver69
Posts: 91
Off Topic
Opinion:No Opinion
Price:35.25
sorry
1 Jan '15
SP
Diver69
Posts: 91
Off Topic
Opinion:No Opinion
Price:35.25
Chappi Please Tell us
1 Jan '15
If,or when we get taken out, what is you're honest price for the so to ?
CHAPPI
Posts: 6,115
Observation
Opinion:No Opinion
Price:35.25
What
31 Dec '14
has the capex and opex costs of $30 per bbl got to do with the price of oil?

"turnip" springs to mind as I have already said.





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