These newly aquired well is a prodn ceased well for more than 2 decades,
unlike opec well which is prodn readiness, just turn on / off the tap, 
parts and equipments need to be check n replaced before going operation.
but I believe the basic infrastructure is there which will speed up the operation readiness
of production. Times will be needed and of coz key factor is still oil price in 4th Q and 2023,
that depends on individual view.
dyodd.
unlike opec well which is prodn readiness, just turn on / off the tap, 
parts and equipments need to be check n replaced before going operation.
but I believe the basic infrastructure is there which will speed up the operation readiness
of production. Times will be needed and of coz key factor is still oil price in 4th Q and 2023,
that depends on individual view.
dyodd.
FrancisLim ( Date: 16-Aug-2022 09:11) Posted:
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Or wait for it to drop to .32 after .70 to buy again
Wait for it to drop to 0.1 then buy again
It takes years for E&P companies to optimise production from existing and New wells. Let the professionals handle the Ops. Just keep your eye on Crude oil prices
Just track their monthly production report...
just sliding every month..
Old wells exhausted, and newly acquired wells still no significant output..
the signs are in the monthly production update... so sad, not able to fully ride on the high oil prices
just sliding every month..
Old wells exhausted, and newly acquired wells still no significant output..
the signs are in the monthly production update... so sad, not able to fully ride on the high oil prices
Rex int buy a old well don't know can make money or not in Norway....
Today on 20/7 is the 40th TOTO prize gone of S$1.25M of net revenue of Yumna since halted on 11/6.
How to reap a good price of Brent for 2022.
Recommendation with a lowered target price. We are cautious of any moderation in oil prices that may depress share price performance. Taking a conservative view, we have incorporated a 10% discount to account for any future volatility.
☆ 》 UOBKH drops TP for Rex International.
teeth53 ( Date: 08-Jul-2022 11:10) Posted:
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Yah, Brent is still strong, US$104.5, konsi eps is 7cents.
But shorties are stronger, otherwise price shd be 54.5 instead of 24.5. Watashortsgx.
But shorties are stronger, otherwise price shd be 54.5 instead of 24.5. Watashortsgx.
bernardc ( Date: 07-Jul-2022 10:52) Posted:
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FYI. Rex lnternational. Ex-Date 29/09/2022. ☆ 》 Pay Date 10/10/2022
SAVIORFOREVER ( Date: 07-Jul-2022 13:45) Posted:
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Monitor its monthly reported oil production vol.
DYODD
DYODD
Peak 48 in March now 24. 1/2 price. Many trapped above 30.
Bid Bid Vol(K) Ask Ask Vol(K)
0.235 2,605.1 0.240 862.8
0.230 2,730.9 0.245 2,019.5
0.225 1,821.9 0.250 2,658
0.220 1,670.3 0.255 2,597.9
0.215 1,298.9 0.260 2,603.6
0.210 1,773.6 0.265 2,415
0.205 2,050 0.270 2,544.9
0.200 1,355 0.275 1,802.3
Trade with awareness and DYODD
Bid Bid Vol(K) Ask Ask Vol(K)
0.235 2,605.1 0.240 862.8
0.230 2,730.9 0.245 2,019.5
0.225 1,821.9 0.250 2,658
0.220 1,670.3 0.255 2,597.9
0.215 1,298.9 0.260 2,603.6
0.210 1,773.6 0.265 2,415
0.205 2,050 0.270 2,544.9
0.200 1,355 0.275 1,802.3
Trade with awareness and DYODD
Already discounted more than 30% from peaked still more to go? I see some good opportunity 
bernardc ( Date: 07-Jul-2022 10:52) Posted:
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Time to accumulate
blesskeemun ( Date: 06-Jul-2022 15:53) Posted:
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UOB KY TP 0.45 based on Brent at US$75......DYOD
☆ 》 U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products.
☆ 》 West Texas Intermediate crude, the U.S. oil benchmark, settled 8.24%, or $8.93, lower at $99.50 per barrel. At one point WTI slid more than 10%, trading as low as $97.43 per barrel.
teeth53 ( Date: 06-Jul-2022 12:46) Posted:
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☆ 🤪 Crude oil prices fell by nearly 7% on Tuesday as fears of a recession mount?a scenario that could put a dent in oil demand.
🤪 The plummeting price action comes as Saudi Arabia announced a price hike for all its crude grades in August to its prized market, Asia. Saudi Arabia?s price hike comes mostly as expected by the market on strong refining margins
teeth53 ( Date: 01-Jul-2022 15:42) Posted:
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FYI. Rex lnternational.😇 Ex-Date 29/09/2022. ☆ 》 Pay Date 😇 10/10/2022☆ 》 . SGD-0.005
SAVIORFOREVER ( Date: 30-Jun-2022 14:14) Posted:
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Below 30 again.
Bid Bid Vol(K) Ask Ask Vol(K)
0.275 3,109.7 0.280 1,385.8
0.270 2,918.3 0.285 2,167.2
0.265 2,098.7 0.290 4,552.8
0.260 2,681.6 0.295 3,668.1
0.255 1,756.7 0.300 3,132.6
Trade with awareness and DYODD
Bid Bid Vol(K) Ask Ask Vol(K)
0.275 3,109.7 0.280 1,385.8
0.270 2,918.3 0.285 2,167.2
0.265 2,098.7 0.290 4,552.8
0.260 2,681.6 0.295 3,668.1
0.255 1,756.7 0.300 3,132.6
Trade with awareness and DYODD
Production update come already two announcements should be good.