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SDX ENERGY INC SDRYF

"SDX Energy Inc is a Canadian company which is engaged in the exploration, development, and production of oil and gas. The company owns an interest in several producing concessions such as NW Gemsa Concession, Block-H Meseda production, South Ramadan Concession, South Disouq Concession, Sebou Concession. Its exploration concession includes Lalla Mimouna Concession and Gharb Centre Concession."


GREY:SDRYF - Post by User

Bullboard Posts
Comment by gonecodeon Aug 25, 2010 10:24am
236 Views
Post# 17381420

RE: Now What

RE: Now What   I would like to know what will make SDX move upto .40 or .50 or higher and when will it happen. Can someone answer this question without salmming me ?.. Considering the way oil prices have dropped recently SDX is doing not bad. 


Let me give you a VALID reason why the stock COULD climb into that range.....Without slamming you. LOL!
I really don't like playing like that but HEY love a challenge.........

First ..............
Production.............They need to get some solid numbers from KOM OMBO...Better than they have.
Much more than the 200 BOPD wells they have hit.........Even the frac gave up less than 300 BOPD...

This all costs money and the burn rate is pretty high......They won't post it ?

IF they hit a good well then sure they could run up to .40 cents again maybe higher because it changes the burn rate ..........

Problems is ............THE ZONE THEY ARE DRILLING..................In this zone NOT LIKELY ..........
Dana tagged this zone years ago and never followed up ............WHY is the Question...
Reason .........Does not make sense unless OIL over $70.00 a barrel............Where is OIL today ??

They have other targets and if they can get some drills and find a nice 2000 BOPD ....WELL THERE YOU GO !!

But the trick is this ....Get enough CASH FLOW  from here without going broke and having to Dilute more...

Tricky to say the least....................

They fluff the news with the Other interests they have but the problem is they get less than 10% from the great wells with Circle OIL..............
Sure they got 10,000  BOPD  with Circle but SDX sees less than 4.5 % after taxes............
Hardly enough to pay for another new drill program.


Hope this Helps........................They need some better FRACs better wells total...............
Don't forget the breakdown ......................Gov 39% Dana 50% and SDX 50%  Minus expenses...

I said if OIL falls under $70.00 a barrel and the economy turns SOUTH .............
We have a problem because we get close to COSTS for SDX ...................CASH FLOW RULES........

AT $70.00 a barrel I think SDX sees less than $5.00 a barrel ...........
Give or take because Costs changes .
SDX took those numbers Down from their web site so it is still a best guess.....

ASK an ANALyst   ......Actually never mind ...they have no idea either... LOL!!
Ask Timmico about they Analyst PAID targets.....................Got me there ...........Never again.......
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