queen1
- 29 May 2007 10:59
Xtract Energy - looking for oil in shale. Feasible and cost effective? Anyone in these at present?
dreamcatcher
- 22 Sep 2011 16:28
- 212 of 371
4% up a start
dreamcatcher
- 23 Sep 2011 15:15
- 213 of 371
Xtract Energy losses narrow
StockMarketWire.com
Xtract Energy posts a net loss of 1.2m for the six months to the end of June - down from 10.3m last time.
Operating losses fell to 1.6m from 12.0m and net assets stood at 8.035m compared with 8.329m at the end of December.
Since the period end Xtract has acquired all of Elko Energy Inc and sold a 50% stake in Extrem Energy.
CEO Peter Moir said: "We are very happy to have now completed the acquisition of Elko Energy Inc and the disposal of our interest in Extrem Energy AS.
"These transactions allow management to more effectively focus on core business areas moving forward.
"We are excited about our future prospects, particularly in the North Sea where we have two wells being drilled in the next quarter."
At 1:04pm: (LON:XTR) share price was +0.03p at 1.33p
dreamcatcher
- 24 Sep 2011 07:41
- 214 of 371
Xtract focuses its attention on North Sea wells in Q4
Fri 3:10 pm by Jon Mainwaring Xtract completed its acquisition of Elko Energy this summer
During the next few months Xtract Energy (LON:XTR) will be focusing on the companys North Sea projects, where it plans to drill two wells in Denmark and the Netherlands in the final quarter of the year.
The firm, which released its interim results for the six months to June 30 this afternoon, has an interest in offshore Denmark through its Elko Energy subsidiary, which Xtract has now finished acquiring.
Elko Energy holds a 33-per cent working interest in two exploration licences there and these licences cover a combined area of 3,638 square kilometres. According to Xtract, they offer P50 un-risked prospective resources of 747 million barrels of oil.
The partners in Denmark have already selected a location for the first well, to be called Luna. Xtract said the well will be drilled to test the Rotleigendes play in an optimum position for reservoir quality, thickness and hydrocarbon charge in the combined prospective area.
In the Netherlands, also offshore, Elko Energy and Elko Exploration hold interests on the P1 and P2 blocks operated by Chevron. Chevron plans to drill an appraisal well on block P2 during the fourth quarter of 2011 with its main objective being to evaluate commercial hydrocarbon flow rates from an extended-reach horizontal well within the Rotleigendes sandstone reservoir. This well programme is expected to last 100 days.
After making an offer in June to acquire outstanding shares that Xtract did not already own in Elko Energy, the firm has now completed the acquisition of the business. Meanwhile, Xtract has also disposed of its 50-per cent holding in Extrem Energy.
We are very happy to have now completed the acquisition of Elko Energy Inc. and the disposal of our interest in Extrem Energy AS, said Peter Moir, Xtracts chief executive. These transactions allow management to more effectively focus on core business areas moving forward. We are excited about our future prospects, particularly in the North Sea where we have two wells being drilled in the next quarter.
The firm made a net loss of 1.2 million during the first half, compared with a 10.3 million loss in H1 2010. Meanwhile, cash on its balance sheet at the end of June stood at 4.6 million (December 31 2010: 8.8 million).
dreamcatcher
- 24 Sep 2011 16:49
- 215 of 371
Thanks to spikeydt on interactive ii
Sat, Sep 24, 2011 at 2:21 PM
2:13 pm by Sergei Balashov
http://www.proactiveinvestors.co.uk/companies/news/33538/
Meanwhile, Xtract Energy (LON:XTR) said it will be focusing on its North Sea projects over the next few months, planning to drill two wells in Denmark and the Netherlands in the final quarter of the year.
The firm, which released its interim results for the six months to June 30 this week, has an interest in offshore Denmark through its Elko Energy subsidiary, which Xtract has now finished acquiring.
Elko Energy holds a 33-per cent working interest in two exploration licences there and these licences cover a combined area of 3,638 square kilometres. According to Xtract, they offer P50 un-risked prospective resources of 747 million barrels of oil.
dreamcatcher
- 27 Sep 2011 07:08
- 216 of 371
Tuesday 27 September, 2011Xtract Energy plc
Operating Update
RNS Number : 9539O
Xtract Energy plc
27 September 2011
27 September 2011
AIM: XTR
XTRACT ENERGY PLC
("Xtract" or the "Company")
Operating update
Xtract Energy Plc confirms that Chevron expects the Noble Byron Welliver jack-up drilling rig to be on site at the P2 block in the Netherlands, over which Xtract has an overriding royalty interest, in October 2011 and intends to spud the first well (P2-10 appraisal well) in November 2011.
The P2-10 appraisal well will target an existing gas discovery on the P2 block (P2-7, with low levels of CO2) and one of the main objectives is to evaluate commercial hydrocarbon flow rates from an extended reach horizontal well within the Rotliegendes sandstone reservoir. Xtract has an overriding royalty arrangement of up to 5 per cent. of the sales value from Chevron's share of gas delivered into the Dutch National Transmission System and Chevron condensate delivered onshore.
dreamcatcher
- 05 Oct 2011 16:31
- 217 of 371
Up 14.63% today
dreamcatcher
- 05 Oct 2011 22:02
- 218 of 371
R Paraho Demo Plant nears completion, this bodes well for xtrs Julia Creek.
dreamcatcher
- 05 Oct 2011 22:46
- 219 of 371
machoman
- 10 Oct 2011 12:37
- 220 of 371
After the recent dissapointment on share price collapse, for the last week there is signs of wanting to bounce back
Positive buying today and level 2 is very encouraging on a 6 v 1 spread 1.10/1.20p and able to buy at this moment at 1.16p
and over for large size
machoman
- 10 Oct 2011 16:44
- 221 of 371
As late delayed trades are reported the price move up on the offer
volume of 14M
dreamcatcher
- 10 Oct 2011 17:45
- 222 of 371
Welcome aboard machoman. Good to have another investor posting.
dreamcatcher
- 11 Oct 2011 17:36
- 223 of 371
dreamcatcher
- 12 Oct 2011 15:52
- 224 of 371
Good buying today
machoman
- 12 Oct 2011 16:07
- 225 of 371
1.225p +0.05p
a few movements up today with good Level 2 of 2 v 1 and buyers paying close to offer price or full price for large trades
dreamcatcher
- 13 Oct 2011 08:12
- 226 of 371
Looks like the selling has stopped , some good buying so far.
machoman
- 13 Oct 2011 13:38
- 227 of 371
volume has gone to the roof to the point that share price went 1.45 / 1.50p.
since there was some selling and at the same time MMs decided to do a shake though at the time there was buying again at that moment.

dreamcatcher
- 13 Oct 2011 13:40
- 228 of 371
Fingers crossed this is going to be a great share . Up 16%
dreamcatcher
- 13 Oct 2011 15:17
- 229 of 371
Fallen back 10% up
dreamcatcher
- 14 Oct 2011 06:42
- 230 of 371
Rumours abound that Walter Coal will be the subject of a takeover by Anglo American or BHP.
dreamcatcher
- 14 Oct 2011 13:50
- 231 of 371
Good buying up 8.5%