Exchange: OTC·Updated 10:49 AM EDT

AUNXF AXP Energy Ltd

$0.003
$0.001
(25.00%)
Today
Mkt Cap$1.35M
Vol800.00

About AUNXF

AXP Energy Ltd. is an oil and gas production and development company, which engages in the exploration, development, and production of oil and gas in the United States of America. It operates through the following segments: Appalachian Basin, Denveri-Julesburg Basin, Illinois Basin, and Corporate and Other. The Appalachian Basin segment occupies assets located in a well-defined gas production. The Denveri-Julesburg Basin segment occupies assets located in the historic Florence oilfield and are geologically defined by the Canon City embayment. The Illinois Basin segment consists of Palestine, Waltersburg, Tar Springs, Hardinsburg, Jackson, St. Genevieve, O'Hara, McClosky, Warsaw, and Fort Payne. The Corporate and Other segment includes non-trading operations and unallocated corporate costs. The company was founded in 2006 and is headquartered in Sydney, Australia.
46

Neutral Sentiment

How do you feel about AUNXF?

DDtradeOnly
$AUNXF with more dilution and no sign of profits, this ain't ever going over .01 unless there is a RS. Dan has screwed over long term shareholders.
3
Moserale
$AUNXF 60 million shares traded last night on ASX. Up 100% from the close last week. Someone’s buying … why?
1
JohnyII
$AUNXF 7 wells @ Charlie #1 rate (~55 boe/d controlled test) • Gross: ~385 boe/d • Net (~80% NRI): ~308 boe/d • Net cash flow: ~US$1,800–2,200/day (~US$0.65–0.8M/yr) at ~US$70–73/boe net, ~US$5/bbl opex All-in cost: US$225k + US$1.05M recompletions = ~US$1.275M Payback: ~1.6–2 years Caveats: Test rates (12h/day, not stabilized); recompletion risk; no gas-to-power upside included.
1
daylite
$AUNXF one more point imo They want shareholders to fund them, however if you don't .you don't get extra shares or the options.is that correct
daylite
$AUNXF so they are giving shareholders the limited right to buy a set amount of shares according to the amount of shares they currently own. Us shareholders can't buy ( my understanding) though my account has shares, they are they for what purposes? I don't know. Why didn't they go to the public market to get their money? Why use shareholders money .when past few years they lost money in aunxf ?? Why would shareholders buy more , triple down ? What gives them faith in the co ? These are my questions. Unless I completely misunderstood what the co is trying to do . Imo
JohnyII
$AUNXF The raise is sized almost exactly for the Oklahoma deal: • Acquisition: US$225k • Recompletions (7 × US$150k): US$1.05M • Total all-in: ~US$1.275M ≈ A$1.9–2.0M Acquisition completion is targeted by 3 November 2026 — the same day the rights issue closes. Earlier modelling (if the 7 wells perform like Charlie #1’s controlled ~55 boe/d test): • Net cash flow: ~US$0.65–0.8M per year • Simple payback: ~1.6–2 years on the ~US$1.275M all-in cost • PV10 estimate: ~US$15–18M across the 7 wells Bottom line: The rights issue is the funding vehicle for the low-cost recompletion program. If the wells work, the asset value could significantly exceed the post-raise market cap.
daylite
$AUNXF again.will they produce real oil production in a short time.or will production begin in a year or two
JohnyII
$AUNXF This is one of the more practical and capital-efficient moves AXP has made. At US$225k for seven equipped wells + an SWD + gathering infrastructure adjoining their existing lease, the risk/reward on the acquisition itself looks attractive. Clear path to multiple low-cost Mississippian Lime producers without the full cost of drilling. New vertical well cost estimated at ~US$650k Implied capital savings: ~US$500k per well, or ~US$3.5M across the seven wells

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