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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 26.50Bid: 26.25Ask: 26.75Change: 0.50 (+1.92%)Riser - Xcite Energy
Spread: 0.50Spread as %: 1.90%Open: 26.00High: 26.50Low: 25.25Yesterday’s Close: 26.00


Share Discussion for Xcite Energy (XEL)


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stepptoe
Posts: 11,818
Off Topic
Opinion:No Opinion
Price:36.50
robbajob
2 Jan '15
second that
 
robbajob
Posts: 11,764
Off Topic
Opinion:No Opinion
Price:36.50
View Thread (10)
RE: How downturn in oil price could..
2 Jan '15
you would have to pay me a lot more than £90k to get in a puma 52 times a year, never mind work for 26 weeks in dreadful weather and dangerous conditions away from my family
MajorEvent
Posts: 709
Off Topic
Opinion:No Opinion
Price:36.50
View Thread (10)
RE: How downturn in oil price could..
2 Jan '15
The best time to deal:

"But the sector has been facing the ­problem of uncompetitively high prices for some time before oil prices went into freefall in the summer, and there are already signs of prices dropping: the daily rental price for a semi-submersible ­drilling rig has fallen from more than $400,000 a year ago to less than $250,000 now"
MajorEvent
Posts: 709
Off Topic
Opinion:No Opinion
Price:36.50
View Thread (10)
RE: How downturn in oil price could..
2 Jan '15
Who said the bod was over paid?

"The average UK offshore worker now earns £90,000 for a 26-week year. This compares with the £70,000 earned by the average Norwegian offshore worker and with a UK national income average of just in excess of £25,000"
CHAPPI
Posts: 6,115
Observation
Opinion:No Opinion
Price:36.50
wikipedia
2 Jan '15
Have decided to post up the facts about the Bentley Field I see, replaced the inaccuracies, nice:)
Golddigger
Posts: 246
Research
Opinion:Strong Buy
Price:36.25
View Thread (10)
How downturn in oil price could...
2 Jan '15
benefit Scotland's offshore sector..

and the best bit, for all of the doom mongers talking about Xcite and the current sp/price of oil, "Looking forward, market analysts Oxford Economics said last week that oil prices still face pressure from slumping Chinese demand, strong shale ­production from the US and strong supply from the Opec cartel, but nevertheless expects prices to rise to $111 per barrel by 2020 and $200 per barrel by 2040.

http://www.heraldscotland.com/business/markets-economy/how-downturn-in-oil-price-could-benefit-scotlands-offshore-sector.26155579
Yanchep
Posts: 905
Off Topic
Opinion:No Opinion
Price:36.25
Well not long to wait
2 Jan '15
Very few buying and even less selling. Buyers waiting for the RNS that's says its full steam ahead. But they are gambling on still getting in low. Which they will but I'm getting them lower.

I think we will a very big clue before the end on jan and confirmation in the first quarter

Some buyers are 30% up already. Even the papers top years tips don't make that sort of margin (although I guess the buys will be lower values on AIM)

Looking forward to buying and selling this share in 2015
ScottOil
Posts: 313
Off Topic
Opinion:No Opinion
Price:36.25
View Thread (5)
New Year, same old BoD oh well roll
2 Jan '15
On 2018/19. Oil price back up, production of Bentley. Scary how they won't buy at this price does make you wonder if the project is going to go ahead
Yanchep
Posts: 905
Off Topic
Opinion:No Opinion
Price:36.25
Oil price
2 Jan '15
Oil price down, oil sector up. Many experts have commented that after every serve drop follows a dramatic rebound which usually follow new highs.

Simple really oil price is high, everyone ramps up production. Few years in, over supply. Oil price drops production drops as companies scale back or close old and high cost wells.

Result oil supply drops back and oil gets very expensive.
highlandsbull
Posts: 1,425
Observation
Opinion:No Opinion
Price:36.25
View Thread (2)
RE: Comment from iii-service cos lo..
2 Jan '15
XEL have already been talking to their nominated contractors for literally years now. Bentley is a project that will encompass 50 of those in addition. So while there are short term marginal possible benefits to be gained in squeezing contractors, these guys have to work together for years with XER, and likewise XER staff with them. So any 'squeezing' will sensibly need to be tempered by the fact these guys will be tasked with getting Bentley off the ground, and running the project thereafter for the life of the field. Where savings may come in is in capex as opposed to operating costs, for example the rig, could a cheaper yet fit for purpose unit be found bearing in mind the N plus is likely still in the conceptualization stage, and was initially destined anyway for China use. Jmo.





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