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401-420 of 859
went in at 0.89, feeling there will be movements up again
Prev Close: 0.88
Open: 0.89
Bid: 0.89
Ask: 0.8950
Day's Range: 0.8750 - 0.9150
52wk Range: 0.51 - 0.93
Volume: 8,439,000
Avg Vol (3m): 27,984,100
The potential for REX to soar is it needed something like below...anytime..oil discovery...
 | ||
$794 Billion Barrels Buried... Until Now By Keith Kohl | Tuesday, September 10th, 2013
With oil prices trading around $109 per barrel, these profits amount to over 700 million barrels ? 66% MORE than the now-famous Bakken Shale in North Dakota, one of the largest shale plays in the country! Now, these companies had one huge advantage: a deep-seeded secret buried in the U.S. oil industry that's fueling their profits. You see, there's a special select group of oil wells that will produce one out of every three barrels of oil in the United States in 2013. What's more, practically every drop of the crude extracted out of the ground by these wells is of the best quality ? the light, sweet crude that U.S. refineries are desperate to get their hands on. The U.S. government surreptitiously refers to them as " Code 42 wells." And thanks to this very specific set of wells, that same group of oil and gas companies is now on pace to sell more than 830 million barrels of this quality crude on the open market throughout 2013. In a short matter of time, they could be generating more than a trillion dollars per year from extracting this oil supply. The best part is this situation is still in its infancy ? which means the more of these " Code 42 wells" that pop up, the more lucrative these profits will be for early investors. I strongly urge you to take a few minutes to review this investment presentation. It explains in full detail how you can capitalize on these highly productive oil wells tucked away in one of the most prominent oil plays in the United States. But hurry... You'll want to watch it before it leaks to the Wall Street and this story breaks wide open. Good investing,
Keith Kohl |
Last year, a group of companies successfully extracted $794 billion worth of crude oil from a piece of land approximately one-third the size of Saudi Arabia.
Congras those who buy on weakness this morning
starlene ( Date: 10-Sep-2013 11:30) Posted:
|
Rex is unique
in its ability to
use intellectual property (IP) related
to these technologies, the company
pays annual fees to a separate
company, Rex Technology
Management (RTM), which is
wholly owned by Karl and Hans
Lidgren. The three key
technologies
include the following.
? Rex Gravity? is used to detect
possible hydrocarbon
accumulations through the use of
satellite altimetry data.
? Rex Seepage? uses thermal
imaging to search for
hydrocarbon presence at the sea
surface.
? Rex Virtual Drilling? uses
seismic-data interpretation
techniques to detect the presence
of liquid hydrocarbons.
Business model. The company
says that because it has exclusive
access to RTM?s proprietary
technology and IP, it has been able
to enter into agreements
to farm
into exploration acreage. The owners
of the acreage then provide data that
is analysed by RTM in order to
ascertain the best location to drill an
exploration well. Through backtesting,
Rex claims that it has near
100% certainty
in discovering oil
when using the three technologies
outlined above. However, it states
that the key risk to its business is
poor or corrupted data, which then
significantly lowers the chances of a
discovery.
Assets. At present, Rex has a
portfolio
of 13 contract areas in
Norway, Oman, Trinidad & Tobago,
the UAE, and the US, and says it will
look to increase this to 20 contract
areas over the next 12 months.
starlene ( Date: 10-Sep-2013 11:15) Posted:
REX is bought for its future, 6 mths down the road the mkt price will be another story if everytime balck gold is discovered or REX given equity stakes in oil discovered fields or more licences granted,all these can prompt its share to spike..invest with spare cash only..quite like the write up below
Near-term news flow. Rex has
two exploration wells offshore Oman
in Block 50 (31.2% interest) that will
spud in mid-October 2013.
According to publicly available
information (Offshore Magazine),
the Aban VI jack-up rig was
contracted in mid-August for a twowell
programme over 50 days and is
currently en route to the Arabian
Sea. The results of these two wells
will be important in proving RTM?s
proprietary technology. In addition,
Rex has another well offshore UAE
that will spud tentatively in
4Q13. In
addition to exploration, the
company has a stake of about 28% in
two onshore US oil fields, in
Colorado and North Dakota, which
starts oil production in 4Q13,
according to the company (see page
2 for net production estimates
according to Rex?s IPO prospectus).
in its ability touse intellectual property (IP) related
to these technologies, the company
pays annual fees to a separate
company, Rex Technology
Management (RTM), which is
wholly owned by Karl and Hans
Lidgren. The three key
technologiesinclude the following.
? Rex Gravity? is used to detect
possible hydrocarbon
accumulations through the use of
satellite altimetry data.
? Rex Seepage? uses thermal
imaging to search for
hydrocarbon presence at the sea
surface.
? Rex Virtual Drilling? uses
seismic-data interpretation
techniques to detect the presence
of liquid hydrocarbons.
Business model. The company
says that because it has exclusive
access to RTM?s proprietary
technology and IP, it has been able
to enter into agreements
to farminto exploration acreage. The owners
of the acreage then provide data that
is analysed by RTM in order to
ascertain the best location to drill an
exploration well. Through backtesting,
Rex claims that it has near
100% certainty
in discovering oilwhen using the three technologies
outlined above. However, it states
that the key risk to its business is
poor or corrupted data, which then
significantly lowers the chances of a
discovery.
Assets. At present, Rex has a
portfolio
of 13 contract areas inNorway, Oman, Trinidad & Tobago,
the UAE, and the US, and says it will
look to increase this to 20 contract
areas over the next 12 months.
starlene ( Date: 10-Sep-2013 11:15) Posted:
REX is bought for its future, 6 mths down the road the mkt price will be another story if everytime balck gold is discovered or REX given equity stakes in oil discovered fields or more licences granted,all these can prompt its share to spike..invest with spare cash only..quite like the write up below
Near-term news flow. Rex has
two exploration wells offshore Oman
in Block 50 (31.2% interest) that will
spud in mid-October 2013.
According to publicly available
information (Offshore Magazine),
the Aban VI jack-up rig was
contracted in mid-August for a twowell
programme over 50 days and is
currently en route to the Arabian
Sea. The results of these two wells
will be important in proving RTM?s
proprietary technology. In addition,
Rex has another well offshore UAE
that will spud tentatively in
4Q13. Inaddition to exploration, the
company has a stake of about 28% in
two onshore US oil fields, in
Colorado and North Dakota, which
starts oil production in 4Q13,
according to the company (see page
2 for net production estimates
according to Rex?s IPO prospectus).
The public shareholdings about 16.97%....quite tightly held
SHAREHOLDINGS
As at 22 July 2013
| Direct Interest | Deemed Interest | |||
|---|---|---|---|---|
| No. of Shares | % | No. of Shares | % | |
| Directors | ||||
| Mr Dan Broström | - | - | - | - |
| Dr Karl Lidgren(1) | - | - | 554,421,960 | 55.18 |
| Mr Bernt Eivind Østhus(2) | - | - | 455,419 | 0.05 |
| Mr Muhammad Sameer Yousuf Khan | - | - | - | - |
| Mr Abderahmane Fodil | - | - | - | - |
| Mr Sin Boon Ann | - | - | - | - |
| Substantial Shareholders | ||||
| Rex Commercial | 554,421,960 | 55.18 | - | - |
| Rex Partners(1) | - | - | 554,421,960 | 55.18 |
| Limea(1) | - | - | 554,421,960 | 55.18 |
| Mr Hans Lidgren(1) | - | - | 554,421,960 | 55.18 |
| Mr Svein Kjellesvik(1) | - | - | 554,421,960 | 55.18 |
| Other Shareholders | ||||
| Fram Shareholders | 101,792,531 | 10.13 | - | - |
| Pre-IPO Investors (excluding Schroders)(3) | 86,015,625 | 8.56 | - | - |
| Cathay Ltd.(4) | 3,000,000 | 0.30 | - | - |
| PPCF(5) | 2,500,000 | 0.25 | - | - |
| Public | ||||
| Schroders(6) | 86,453,040 | 8.61 | - | - |
| New public | 170,500,000 | 16.97 | - | - |
| Total | 1,004,683,156 | 100.00 | - | - |
starlene ( Date: 09-Sep-2013 23:05) Posted:
|
Wow > 1mil shorted hoping to bring it down but still strong,up with vol..good sign,,average about 0.86cts( $1300885/1514000shares)
#126 Report Post
Old 06-Sep-2013, 09:12 PM
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Posts: 6,540
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Please use the News/Views on SGX Short Sell [Singapore] thread for discussion
http://www.puntersgallery.com/showthread.php?p=694235
Short Sell Executed on September 6, 2013
Security ShortSaleVolume Curr ShortSaleValue
$ AP Strat 7720000 SGD 2680875
$ Albedo 60605000 SGD 3005360
$ CCM Group 50000 SGD 9650
$ EMS Ener 500000 SGD 33800
$ Halcyon 35000 SGD 27475
$ Healthway 4529000 SGD 327696
$ ISOTeam 1000 SGD 310
$ Intl Healthway 4544000 SGD 1817600
$ New Wave 700000 SGD 14000
$ Oakwell 11764000 SGD 1176022
$ Rex Intl 1514000 SGD 1300885
#126 Report Post
Old 06-Sep-2013, 09:12 PM
admin admin is online now
Administrator
Join Date: Nov 2009
Posts: 6,540
Default
Please use the News/Views on SGX Short Sell [Singapore] thread for discussion
http://www.puntersgallery.com/showthread.php?p=694235
Short Sell Executed on September 6, 2013
Security ShortSaleVolume Curr ShortSaleValue
$ AP Strat 7720000 SGD 2680875
$ Albedo 60605000 SGD 3005360
$ CCM Group 50000 SGD 9650
$ EMS Ener 500000 SGD 33800
$ Halcyon 35000 SGD 27475
$ Healthway 4529000 SGD 327696
$ ISOTeam 1000 SGD 310
$ Intl Healthway 4544000 SGD 1817600
$ New Wave 700000 SGD 14000
$ Oakwell 11764000 SGD 1176022
$ Rex Intl 1514000 SGD 1300885