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Hydraides....Who on earth is nufchan ?....you seem to be having trouble reading and computing this am...back to bed for you...lol
Hydraides doing his utmost to be negative until he buys back the shares he sold yesterday....debt reduction is number one priority now as pointed out numerous times by td...great update as expected...big positive current price of Brent...
I would assume Keith Lewis knows the overall situ and is selling cos further issues are in the pipeline.....
From what I understand there will be no detailed td/test logging rns released.....we have clear info as to what and how they will fracc from recent presentations...we also know oil type and that the first well exposed 19 metres of oil at top end of management expectations and that production is due as expected from first well in july and that the second well has just been spudded....so surely after all the probs they wouldnt start well 2 if well one was a no go......if they tell us existing production remains at current levels and that well one has added 2k plus bopd then we are off to the races....five wells to follow including number 2 so its possible that 2014 could be fruitful....gla
Have followed this story for a couple of years and will buy in again if production increases....I note from a presentation slide that the average bopd anticipated from each new horizontal multi fracced well is in excess of 2k...if this actually transpires then this will transform the sp...so July/august will tell us if Schlumberger have achieved the transformation the huge resources RPO have deserve....gla
Clearly Arip knew he and his former partners were being investigated hence the original news re early stage offer.....aril and his mates have categorically denied that any fraud has taken place.....hopefully exi are squeaky clean and to be honest I would be happy to see the back of Arip whether an offer transpires or not....the exi fundamentals speak for themselves and I look forward to the august production figs/guidelines for the rest of 2013....20k per day is my guess for year end......gla
Not sure if you work for worldview but your info is incorrect. Now for the correct info............the man you refer has been replaced which is clearly documented in previous rns...... Exi board do care about the sp which is also clearly documented in previous RNs..... The boards mandate is to double production in the next three years.....I think this will happen maybe in eighteen months or two years which will hopefully rerate the stock...... Please dyor.......gla
Thanks for bringing this company to my attention some months ago.........let's hope the rerate occurs swiftly.....now appears grossly undervalued.....
In response to various questions here I think exi are now the real deal....production issues are now behind them and with a multitude of new productions wells to be drilled this year and brought online coupled with the stonking reserves upgrade and low shares in issue what more can we want.......if you do a direct comparison of the basic fundamentals of EXI and CEO this so must rerate as there's not much difference apart from where they operate...... I am interested to know if they will add some more rigs to further accelerate the production. In addition to this the new acreage they recently purchased hasn't even been explored yet....loads more to come here.....exi has been off the radar but I feel a change coming.....gla