Member Info for maestro1

Daft I always thought SDX would be alot higher by now, the company has confirmed the persistent seller has cleared, this makes room for the company to rise now. Hopefuly some news on rabul this week and spud news on LMS-1 which is less riskier than LNB-1 where we found a large resource. interesting times, indeed.

thanks Village idiot. So the company confirmed the seller has finally cleared, it makes sense as the price is slowly increasing. Looking forward to the coming week.

So can one expect an interview witb zak mir also.

pijoe1212 ?? it wasnt me that..

Thanks tigris..

Urraca Why is he only mentioning 50mmcfd and 100mmcfd, i can see them surpassing this comfortably.

The peugeot deal is 6mmcfd at $12mcf according Schachter, thats an excellent price in morocco. Now that we have found reasonable volumes of gas in sd, Egypt we dont need to worry about price, it will be over $2.65mcf. As we produce greater volumes the price will increase. Previously it may have been about the 3 wells in sd1x, now IY and Kelvin in play.

Pijoe When did PW say that, 65mmcfd to 70mmcfd for IY and Sdx1 is awesome. The remaining 3 wells will come up with the same gross total also. So 150mmcfd from all 5 targets in egypt.

With sd1x and ibn yunus find we already have 50mmcfd. The question is what the 3 remaining wells will produce?

Hes been bullish on sdx for over a year. I think we will see gradual rise alot of the big boys getting interested here.

https://www.bnn.ca/investing/video/josef-schachter-discusses-sdx-energy~1144978 He believes they can get $4/mcf in SD. He said Centurion use to produce 1000boe and within 4 years in egypt they were worth $1.4bn. I can see sdx producing in excess of 20boepd in 4 years.

All oil producing, he said meseda 3000 bopd increase (net 600bopd increase sdx), rabul (net increase 300bopd) and NW Gemsa aim will to keep production stabilized. This will take our oil production to 3800bopd, not counting the gas in Morocco or the gas in South Disouq. The POO is currently $74.

Was suppose to be short term cash flow, now it seems wit will be long term and the potential from the pipeline will be 44mmcfd, with sdx receiving $10/mcf this is great money spinner. Finally we are getting movement and it will continue, you might get days when it fall but i believe its on the move now.

PR77 You are correct this is what the wider shareholder community doesnt understand. According to PW Ibn Yunus was the riskiest that came above prognosis. The plan was that should ibn yunus have not come in they would have drilled two high cos development wells near last years find, as they have found gas at IY they can now test their theory of a continuous gas bearing. We have to note over 80% of the block has not been explored. I think alot of oil and gas is in this block.

at present the are making $4m free cash flow per month, lets say $50m per annum, company easily be valued 5 or 6 times this and sdx is debt free and has more gas/oil coming online. So at present $300m fair valuation, should double soon hopefully. Remember what PW said after the SDX find last year "It is clearly very encouraging to have made a gas discovery at the first of SD-1X's target intervals. The 3D seismic data acquired and interpreted over the South Disouq concession has provided a very accurate view of the subsurface as the target interval has come in on prognosis.." Ibn Yunus was bang on also and i see Kelvin being a find also. Great time for SDX. Who knows instead of drilling two wells is sd1x they may drill one development in Ibn Yunus .. You never know..

If you listen to the podcast PW says the rig is on its way to Kelvin prospect, this is shallower prospect considering Ibn Yunus took 16 days to reach TD one can speculate Kelvin will be done within 2 weeks.

Rabul 4 coming upto TD, testing wont take long on Ibn Yunus, will be in test soon.

�1 is finally coming.. :-)

They drilling the Kelvin next in egypt, the rig is being moved there. The 2 development in sd1x after...

They might shoot themselves in foot for selling, this was great find. One more well left in this drilling program and i believe Morocco has been success, 8-10mmcfd will production target will be met, at $10/mcf and 10 year tax break this is excellent earner for us. Last week ibn yunus find has opened up and derisked loads of gas. Over 1tcf is predicted in SD. I think £1 will finally come and €2 within a year.