Roxi Petroleum Live Discussion

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II Editor 06 Apr 2015

NEW ARTICLE: Trends and Targets for 7/04/2015 "ROXI PETROLEUM  (LSE:RXP)  starts our Oil and Gas Sector week. We shall finish the week by looking at worst case scenario for Falklands sector shares and you can thank DESIRE PET for this negative attitude. However, Roxi is one of 'ours' and ..."[link]

dickie3times 06 Apr 2015

.US oil up ? US oil settles up $3, or 6.1%, at $52.14 a barrel1 Hour AgoReuters[link] oil rallied 6 percent on Monday as traders reassessed how quickly Iran could increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. inventories may be slowing.U.S. crude for May delivery closed up $3.00, or 6.11 percent, at $52.14 a barrel, its largest one-day gain since February 3. Brent crude for May delivery was up $2.90 from Thursday at $57.80 a barrel.Brent crude tumbled nearly 4 percent on Thursday after Iran and six world powers announced a framework agreement on the OPEC member's nuclear program. But initial expectations of a quick recovery in oil exports were tempered by views that it could take up to a year to roll back sanctions."While clearly a bearish headline, a final deal and full lifting of sanctions still faces a number of obstacles," Morgan Stanley analysts said in a note.Read MoreIranian finance, energy sectors could soar on deal"Even if a final deal is reached, we do not expect any physical market impact before 2016," the analysts said.Oil extended gains after industry intelligence group Genscape reported that stockpiles at Cushing, Oklahoma, barely rose last week, according to traders. It would be the smallest increase in stocks since November at the delivery point for the U.S. crude contract traded on the New York Mercantile Exchange.A Genscape official was not immediately available to comment.

dickie3times 06 Apr 2015

Nice Easter possums.....? One thing i've noticed with Roxi, we see a really nice rise on expectation of news, albeit it drops on any negativity but seems to climb back up over the next few days. What do i make of this....Well, it's good to see the price rising again and before next news i believe we'll touch 16p-17p, hopefully ? If this is the reaction to negative news we were concerned about , then if 801 scores a big hit, this will soon be back over 26p ? Bearing in mind one of the main positives from A5 is the quality of LIGHT SWEET CRUDE? .

tobytoby 01 Apr 2015

Re: FML, SKR, BAO The A6 well should spud end of May/ early June. Then with three deep, hopefully, commercial wells producing 2K bopd each, then I would agree that we could see the share price over 50p Q4, especially with future oil prices expected to rise to $70 pb by year end. If the lower 801 well target zones 8 km away, where A5 failed to reach TD, are oil bearing/ flowing then I wouldn't be surprised to see the sp over 25p before the end of May on the back of good 801/ A5 flow rates/ OIP upgrade.20 clicks from Tengiz and a 105 meter gross oil column (110 meters) with likely oil/gas condensate below (another 250 meters+ to drill) , who knows where this could go.

opulentia 01 Apr 2015

Re: FML, SKR, BAO more chance of Sinopec taking RXP over , especially if theres a good find in next 2 weeks, GLA LTH time to keep adding!!

asilad 01 Apr 2015

Re: FML, SKR, BAO I doubt they would do this. A couple of successful deep well outcomes could sling shot this to over 50p a share. Now how much would that be worth to each of them?

billy_whizz 01 Apr 2015

FML, SKR, BAO have all gone or are planning to go private recently. With two shareholders owning 65% it must be tempting to think of doing the same.

dickie3times 01 Apr 2015

How easy it is to be caught out..... ..I nearly topped up at 14.75p, so sure this was going to 17p? Instead i had a long long long look at GKP today and could have got 'back in' at 33.7p. I still don't know if i was wrong to hold off but instead i waited for Roxi to go below 13p. Again i held off...so i tucked a few quid top up in OXB at 11.75....indecisions, indecisions?Tchaikovsky one said "If it wasn't for my music, i could easily go quite mad"....such was his inner turmoils of trying to cope with life?Anyone investing in AIM could easily go quite mad...anyone investing all of their money WILL go mad. Anyone that has lost all of their money...SHOULD be quite paranoidically MAD, gla

dickie3times 01 Apr 2015

Re: Whats going on ? Investing in GKP is a nightmare, no one really knows how it will all end...dreams of riches have left many losing thousands, including myself?

tobytoby 31 Mar 2015

Re: Whats going on ? 'Since the operational update on 13 February 2015, the final 50 meters of coil tubing and drilling fluids have been successfully cleared from Deep Well A5.The well remains blocked by a drill bit dropped during the clean up operation. Work continues to remove the drill bit to allow testing. Based on progress to date Roxi's management still expects the well to be clear and testing to have commenced by the end of March.''News re sidetrack/flow testing can't be far off, tomorrow/Thursday?

opulentia 30 Mar 2015

Re: Whats going on ? well i was in two minds, top up with more GKP, or RXPRXP won another £2500 gone in here looking forward to end of April results. come on RXP get the black stuff to the surface in large quantities.

dickie3times 28 Mar 2015

'Moneymunch' on LSE ..POSTED this..$20m for the sale of Galaz presumably on its way and easy for Sinopec if they want to get closer......GLA and fingers crossed for great news from A5 and 801 this coming week. China, Kazakhstan sign $23.6 bln in dealsSat Mar 28, 2015 1:55am GMTBEIJING, March 28 (Reuters) - China and Kazakhstan have signed 33 deals worth $23.6 billion covering areas from hydropower to steel, state news agency Xinhua said.The agreements were reached during a visit by Kazakhstan Prime Minister Karim Masimov to China after a meeting with Chinese Premier Li Keqiang, state news agency Xinhua said late on Friday.Others areas covered by the deals include oil refining and cars, the report said, without providing further details."The inking of the deals show the success of bilateral cooperation, and proves that the two countries' economies are complementary," Xinhua quoted Li as saying."China's equipment and technology are cost-effective, which are suitable for countries promoting industrialisation,"

dickie3times 28 Mar 2015

Re: Whats going on ? How high can this reasonably go before news? I have just sold some other stocks on Friday after a tense wait to sell them in profit. I was unable to top up as my funds were tied up. Although i have a modest holding in Roxi, i couldn't top up at all last week. Nice rise, may it continue?

opulentia 28 Mar 2015

Re: Whats going on ? its nice to see that at least 1 of my oil holdings is doing rather well, looking forward to Aprils updates, been adding recently, this has a long way to go yet, GLA LTH get in before the news is out on the Sinopec drill result, imo DYOR

dickie3times 28 Mar 2015

Re: Whats going on ? silly phone...?OXB was shorted down 3p, even though there was 1.5m MORE shares bought. Recovered 1p with 502 trades and 8.2mshare buys, against 6.5m shares sold?Mms will stop you out if caught unawares. gla