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Northcote Share Chat (NCT)



Share Price: 0.125Bid: 0.12Ask: 0.13Change: 0.00 (0.00%)No Movement on Northcote
Spread: 0.01Spread as %: 8.33%Open: 0.115High: 0.145Low: 0.11Yesterday’s Close: 0.125


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panda1
Posts: 1,295
Off Topic
Opinion:No Opinion
Price:0.44
NCT
28 Nov '14
I didn't think we would see WTI with a $65 handle this year. When she goes, she moves very quickly.

I think the NCT share price has held up surprisingly well considering the oil price crash.
 
williammay
Posts: 399
Off Topic
Opinion:No Opinion
Price:0.44
Nct
28 Nov '14
This sp not healthy. Need some big news soon. Let's get sc sorted there is easily 20 boepd for nct per well, so should out te company close to 400 boepd just on work overs alone.
williammay
Posts: 399
Off Topic
Opinion:No Opinion
Price:0.46
Nct
28 Nov '14
Oil price is lowering, but for the last decade (according to chart) it never drops for longer than a few months before rebounding. The only exception to this was several years ago when the oil price hit $140 and then (I suppose rightly) dropped for 6 months to steady this extreme rise. I'm confidently that within weeks (early new year) we will see a significant rise (above $90) to healthy levels.
williammay
Posts: 399
Off Topic
Opinion:No Opinion
Price:0.46
Nct
28 Nov '14
I'm pretty sure IMO that we should have some news here next week
Savvi
Posts: 665
Off Topic
Opinion:No Opinion
Price:0.46
Williammay
28 Nov '14
Great link thanks, this has potential to be huge!! Look at the price of the exercised warrants - exciting stuff
williammay
Posts: 399
Off Topic
Opinion:No Opinion
Price:0.46
View Thread (3)
Nct
27 Nov '14
Helpful
Posts: 597
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.48
Pontil
27 Nov '14
Yep, the marginal cost of producing on NCT's SC and AL wells will be minimal; the fracking wells in Oklahoma a bit more but still de minimis. If they can pump in the Alaska and the North Sea and make money, they can pump and make money onshore Louisiana, Texas and Oklahoma. Hopfully, the reason for the delay on news is that Randy Connally is lining up the funding package and farm-in/out deals for MXO's PSA agreements. Can't be long now for an update on NCT's own activities. If he is helping MXO sort out their deals then any delay in an RNS is forgiven. IMHO DYOR.
williammay
Posts: 399
Off Topic
Opinion:No Opinion
Price:0.49
Nct
27 Nov '14
Be good to have some more info from nct regarding work at sc and spudding new well
pontil
Posts: 33
Observation
Opinion:No Opinion
Price:0.49
Mexico - Helpful
27 Nov '14
Dear Helpful,

thank you. Great article. I particularly like:

" Current production in Mexico is profitable at even lower prices. Pemex, with the majority of output from shallow waters and onshore fields, can produce oil for $22 per barrel, Chief Executive Officer Emilio Lozoya said in an interview last month."
Helpful
Posts: 597
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.49
Re Mexico
27 Nov '14





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