The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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If they are delaying it cannot be good
like i said if you go on past drill times it could be this week, but def early part of next if not tom.
I have faith....and crossed fingers. lol. Guinness ad... comes to mind about waves and wild horses goin forward and up. gl atb.j
That is the burning question your last statement
....of a saint.... and true befief required....here. So quiet and yet if rns due tomorrow no leaks...hope the same can be said of production.
Df has asked the new pope to pray for us
Say your prayers have heard rns coming friday
Anyone see the program about meteor that broke up over Siberian region in February... caused a sonic boom effect......possibly acting like a seismic survey or frac......wonder what sort of effect that would cause underground?
Needs. To come soon
Top up time is leaking away, news could come this week :-)
Yep woulda loved to have gotten more in on that dip but no finances I want to pull out any others yet.. If it holds off 4 weeks thatd be sweeeet :)
PetroNeft Resources, which is focused on Russia, has reported another positive well on its acreage in Siberia. The Arbuzovskoye 112 well tested at an initial 140 bopd with no visible water cut and has been shut-in for long term pressure build up testing before being put into long-term production. This is the fifth well to come good in a ten well programme and, on the face of it, means that what Oilbarrel.com has termed PetroNeft’s “Plan B” to get into sustainable, substantial production, is working. Well 105 is currently drilling ahead Investors who have followed PetroNeft’s story for the past couple of years will recall that there were serial disappointments in the flagship Lineynoye oil field in Western Siberia. Output in the third quarter 2012 fell to below 2,000 bopd, far short of guidance. The shares, which had once been 30p sank to around 6p by year end 2012
Well 105 is drilling ahead, as one poster points out that we should get news of 105 this week. If the 2 closed wells have completed a work over then we could be adding 300+ bopd as well as what 105 offers. There was lots of buying on Friday and as this is leaky I'm seeing it as good news. This could push to 5p prior to this news, I'll be keeping a very close eye on trades, especially after hours · Well 105 currently drilling ahead · Production from two Arbuzovskoye wells temporarily reduced by c300 bopd due to mechanical issues; expected to be fixable by workover or pressure maintenance
The 2012 work programme consists of the construction of 10 km of pipeline from Lineynoye to Arbuzovskoye and the drilling of up to 10 new production wells. An additional delineation well at Sibkravevskoye is also possible. News Well 105 result Maintenance wells add 300+ bopd Well 112 final production Russian small reserve tax break There is a few tit bits mr x Trend is moving up 2000bopd is break even
Ok.. my statement on the horse dna found in food fiasco. You'll be glad to know the situation is now stable.:)
About?
short term 8 to 10p......you care to comment ?.
Buy and sell price here atm?
Just brought 50000 @ 4.23, shown as a sell
Practically tropical today. Reports coming in of Yaks in Bermuda shorts nearby. Defrosted pipes yet? :P
I've had one or two raids on this before which didn't work out and accepted losses. Hoping for better this time. You must have paid between 8.5 and 9.5 then?
by my calcalations well 105 could be end of this week, if u go on past drill times, So hopefully some good news, like some i cant understand the low sp but if we get 105 on with a good flow rate, 2 that are off line on soon, and if 112 comes on line this will make the sp go up as PTR will be well over the 3000 bopd mark.
........as much as I care to do at present. They would appear to fundamentally strong .......so why such a low sp?.I fully realize the teething problems that are having an effect at present..... but surely these will be ironed out with the better weather. Although I am not an accountant , the H1 results would appear to show that the bod are confident in their ability to pay down debt starting 31/3/13. There appears sufficient cash generation from resent drilling programs...The H1 accounts show a gross margin of 14% ..... as production increased over the H2 period I assume the margin has also increased?........this being the case Ptr are more than breaking even at present!....and also have a comfortable free cash flow. Funds raised in the last placement fully funded the current 10 well drill program. It surely must be about time this share went viral far too quiet on this bb. dyor its all there imvho. j.
Not necessarily. This is quite leaky and the SP has dropped due to the issues the company has experienced. I am a bit more positive though and the SP tells you a lot and I believe it is telling us things are getting better!