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Petroneft Share Chat (PTR)



Share Price: 5.775Bid: 5.65Ask: 5.90Change: 0.00 (0.00%)No Movement on Petroneft
Spread: 0.25Spread as %: 4.42%Open: 5.775High: 5.80Low: 5.775Yesterday’s Close: 5.775


Share Discussion for Petroneft (PTR)


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Dibs61
Posts: 5,892
Premium Chat Member
Observation
Opinion:No Opinion
Price:4.38
Arbuzovskoye 112 Well
21 Mar '13
Just noticed this well is missing from the latest operational update.

The following was stated in the RNS dated 8th Feb:

"Arbuzovskoye well 112 has been successfully tested at an initial rate of 140 bopd with no visible water cut. The well is currently shut-in for long term pressure build up testing before it is put into long-term production."

So, assume 112 well is still not operational and not included in production figures (it says this in RNS 8.2.2013)
and we will receive update once pressure build up complete and the well is up and running which would bring us up to the 3,000 bopd level.
 
dried-grapes
Posts: 298
Off Topic
Opinion:No Opinion
Price:4.38
Takes time
21 Mar '13
for this to recover. The market got badly spooked from the last RNS. It looked like production was about to dissappear!!!
This is on the mend now but its going to be slow and steady from here for a while
Mr.X
Posts: 8,743
Off Topic
Opinion:No Opinion
Price:4.38
Dibs
21 Mar '13
Wait to see next week.
Buying across the market will be stunted til we see if the Russkis invade Cyprus and nick all the best deckchairs from the Germans.
Dibs61
Posts: 5,892
Premium Chat Member
Observation
Opinion:No Opinion
Price:4.38
Oh Dear....
21 Mar '13
What a miserably muted reaction by 'Mr Market'. Seems he needs a lot more good news than this to be convinced of a genuine PTR recovery.
bjp1
Posts: 174
Observation
Opinion:No Opinion
Price:4.38
excellent news 2800 bpd
21 Mar '13
This should be heading to 6p by next week huge volumes back here soon let the rns sink in and the value of this share will be seen
Boom2101
Posts: 93
Off Topic
Opinion:No Opinion
Price:4.38
Share Price
21 Mar '13
Share Price up around the dizzy heights of 4.40p!
Dibs61
Posts: 5,892
Premium Chat Member
Observation
Opinion:Buy
Price:4.68
Excellent RNS
21 Mar '13
Good news all round. Production back to approaching 3,000 bopd. Things definitely looking up.
Mr.X
Posts: 8,743
Off Topic
Opinion:No Opinion
Price:4.68
:)
21 Mar '13
Told ya..bermuda shorts tiime :P
SMITHYY
Posts: 720
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.13
Phew its Hot...
20 Mar '13
With the weather around Tomsk, Oblast hitting a sweltering Zero degrees Celsius.
Things must be hotting up for RNS soon
PTR released Production & Reserves report 2/04/2012.
Deja vous??



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