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Xcite Energy Share Chat (XEL)



Share Price: 38.00Bid: 37.75Ask: 38.25Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.50Spread as %: 1.32%Open: 39.00High: 39.00Low: 36.75Yesterday’s Close: 38.00


Share Discussion for Xcite Energy (XEL)


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CHAPPI
Posts: 6,001
Observation
Opinion:No Opinion
Price:43.25
View Thread (2)
Rowman
4 Dec '14
PPE (property, plant & equipment), why not checkout some oil companies PPE column, you may just see what I am talking about........... (IAE, ENQ to start with lol)
 
CHAPPI
Posts: 6,001
Observation
Opinion:No Opinion
Price:43.25
P.S....................
4 Dec '14
"The balance sheet contains its (an oil and gas companies) most important asset: the reserves that will generate future revenue and profit."

http://www.mergersandinquisitions.com/oil-gas-modeling-101/

Now I hope people may appreciate as to why FDP approval is so important as a catalyst to start the re-rate of the share price, at present we have zilch reserves booked onto the balance sheet, because we don't have FDP approval..............

The number crunchers in the city can't yet see this valuable asset that Xcite has on our balance sheet, and until they can, they will value us based on the current reading of the accounts.........imo......
Rowman_Oohmwrels
Posts: 176
Off Topic
Opinion:No Opinion
Price:43.25
View Thread (6)
RE: 4 quid
4 Dec '14
Usually in the asset column ? A little vague MajorEvent, can you give an example as to how 203million barrels will show in the asset column ? I know CHAPPI has been saying the same thing about reserves not being recognised in their balance sheet. What will the general value be of the recognised 203million barrels and which part of assets will it be shown on ?
CHAPPI
Posts: 6,001
Observation
Opinion:No Opinion
Price:43.25
View Thread (6)
RE: 4 quid
4 Dec '14
Where would you look for them on the balance sheet MayorEvent ?

-----------------------------------------------------------------

Usually under the PPE column.
highlandsbull
Posts: 1,381
Observation
Opinion:No Opinion
Price:43.25
View Thread (6)
RE: 4 quid
4 Dec '14
6 for Bentley would see me gone, not impossible for Statoil or an NOC if one added in EOR. Just get the FDP in XER..
MajorEvent
Posts: 644
Off Topic
Opinion:No Opinion
Price:43.25
View Thread (6)
RE: 4 quid
4 Dec '14
Usually under the asset section
Rowman_Oohmwrels
Posts: 176
Off Topic
Opinion:No Opinion
Price:43.25
View Thread (6)
RE: 4 quid
4 Dec '14
Where would you look for them on the balance sheet MayorEvent ?
MajorEvent
Posts: 644
Off Topic
Opinion:No Opinion
Price:43.25
View Thread (2)
RE: Rumours 10,000 trades I wonder
4 Dec '14
No. Someone just loading up while it's low.

Why would there be rumours we already know what is going to happen
MajorEvent
Posts: 644
Off Topic
Opinion:No Opinion
Price:43.25
View Thread (6)
4 quid
4 Dec '14
Looking forward to it being over 4 quid

Once these reserves are on the asset sheet, 300m barrels plus

What price on production and dividends?
tuscanraider
Posts: 400
Off Topic
Opinion:No Opinion
Price:43.25
interesting
4 Dec '14
someone is getting excited . Sorry about your short position scrott , martman , slipperyoil , vinceinvestor ,scottspear etc etc . Never mind . I am sure you can wait 3 years for another possible chance to short





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