Member Info for Andy1022

Sasha,

If you caught herpes you'd blame it on Russian bots.

Hurley,

Keep coping....

"Previously, Kremlin Spokesman Dmitry Peskov said in response to a TASS question that Moscow and Washington are not working on any new initiatives regarding the Ukrainian settlement beyond the agreements reached by Russian President Vladimir Putin and US leader Donald Trump in Alaska."

Https://tass.com/world/2045925

"LONDON, November 19. /TASS/. The peace plan for Ukraine proposed by the administration of US President Donald Trump involves halving the size of the Ukrainian army and imposing restrictions on certain types of weapons, Financial Times’ journalist Christopher Miller wrote on his X page, citing sources.

According to him, a Russian-US proposal to resolve the conflict was presented to the Ukrainian side, represented by Ukrainian National Security and Defense Council Secretary Rustem Umerov, through special presidential envoy and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev and US special presidential envoy Steve Witkoff. The reporter noted that the plan contains the following provisions: “Ukraine army cut in half, give up certain weapons, give up Donbass.”

Miller also said that Vladimir “Zelensky is displeased” with this proposal. The journalist opined that the plan “would amount to Ukraine’s capitulation” because it meets “the Kremlin’s maximalist demands.”

Earlier on Wednesday, Russian Foreign Ministry Spokeswoman Maria Zakharova told TASS that Moscow had not received any information from Washington through official channels regarding the “agreements” on Ukraine reported in the media."

Ahaaaahaaaaaa

I rest my case.

Al Beeb. Known worldwide for its balanced reporting. /s

C_hristvyou lot are deluded.....

Quoting Reuters and CNN about a duly debunked "peace agreement" which the Russians immediately said through official channels, "didn't exist"

B_Positive, move away from the buy button. RF Forces are weeks away from Poltava and a Nationalised FXPO. Save your money and buy physical assets, you'll need them when our Govt. comes for all our money.

And low and behold the actual numbers show a large draw in Nov, counter to the EIA/API

Nothing to see here, move along.

EIA Nov supply numbers leaked, "supports ongoing over-supply narrative"

(EIA is compromised and simply a tool of TBPB to manipulate the oil price)

for some reason PTAL is a hedge as I've seen it rise with oil price falls, where others like those in the UK basin also fall (SQZ, ITH HAR etc...)

Bleaker

Grok tends to disagree with your weak sauce:

"Sep 23–29, 2025 (implied late-Sep week) ~18,400 Baseline (stable) End-Q3; pre-major ramp-down from shut-ins.

Sep 30–Oct 6 (early Oct) ~16,000–17,000 (est.)-1,400 to -2,400 (-8–13%) Shut-ins ongoing; service rig arrives early Oct for pulling/replacement.

Oct 7–13 ~15,500–16,500 (est.)-500 (flat to down) Rig work begins; partial well restores expected but delays noted.

Oct 14–20 ~15,000–16,000 (est.)-500 (down) Mid-Oct ops update flags ramp expected end-Oct; tubing fixes in progress.

Oct 21–27 ~15,500 (est., post-end-Oct restores) +500 (up)Anticipated well returns; no confirmation yet.

Oct 28–Nov 3 (late Oct/early Nov) ~15,000 (est.)-500 (flat/down) Transition to Nov; partial ramp but still below capacity.

Nov 4–10 ~14,983-17 (flat) Explicit data; lowest recent level—tubing issues resolved but full ramp lags.

Nov 11–17 (est. current week) ~16,000–18,000 +1,000–3,000 (+7 – 20%)"

Share buyback are not shareholders returns

Well, if there's a silver lining in this recent drop, it's the fact that the Company's share buyback is costing half the price, leaving money in the bank and cost-multiplying the eventual remaining shares price by 40-50%

"Bliar from 2000-2007..."

which part of him and his govt (lower case) being war criminals did you enjoy Jackie Boy?

Roxi darling,

why don't you go away and play on a roundabout?

Let the adults in the room talk.

Bottom line: Buybacks are the path of least resistance for near-term shareholder returns. Expect steady ~$0.2-0.5M/month through Q1 2026, ramping if shares cheap—totalling $5-15M for full-year 2026 under conservative assumptions. Watch for any NCIB renewal tease (current expires June 2026); history shows they renew early

It's retail bots. They have to now there's no divvie.

Good time to buy a sound investment

Yes, bit of an "out of nowhere"

Why the suspension?

The Board cited a prudent need to preserve liquidity while finalizing the 2026 Bretana field development plan and budget (due January 2026). Key pressures:

Sustained low oil prices (Brent ~$64-65/bbl vs. prior assumptions closer to $80+).

Drilling delays: Development drilling at Bretana halted longer than expected; best-case resumption mid-2026.

Regulatory & operational factors: Ongoing optimization of long-term plan, including erosion control project ($65-75M total, partly in 2026).

Cash floor policy: Strict directive to maintain minimum $60M unrestricted cash as a buffer. Forecasts show potential breach if dividends continue alongside capex.

CEO Manuel Pablo Zuniga-Pflucker called it a "difficult decision" but emphasized commitment to resuming returns when conditions allow (dividends or buybacks).

Q3 2025 context (still solid operationally)

Production: 18,414 bopd (+21% YoY at Bretana).

Adjusted EBITDA: $31.6M ($19/bbl).

Free funds flow: $12.1M.

Cash: $141.5M total ($108.8M unrestricted)—strong balance sheet, no net debt.

Despite beats vs. guidance, the forward outlook spooked the Board: 2026 production forecast slashed to 12,000–15,000 bopd (down from 20-21k guided for 2025) due to no new wells until mid-2026 at earliest.

Share price reaction

Nov 12 (pre-announcement close): ~40-42p (up 8-12% on Q3 anticipation).

Nov 13: Opened weak, traded down ~10-15% intraday to ~34-36p on the news—classic yield-chaser sell-off in a high-dividend small-cap. Volume spiked.

The drop erased the prior day's gains and more, reflecting dividend dependency (PTAL was a retail/income favorite at 12-14% yield).

Broader implications

Short-term pain: Loss of ~$0.015/quarter (~£0.011) hurts income seekers; yield now 0%.

Long-term rationale: Conservative cash hoarding protects against Peru risks (social unrest, river access) and low oil. Bretana has generated >$400M free funds flow since 2020—management believes higher production/oil prices will restart payouts.

Buyback status: Ongoing program continues (no mention of pause).

Valuation shift: From yield play to growth/re-rating story once drilling resumes and guidance clarifies (Jan 2026).

Bottom line: Not a distress signal (cash pile huge, ops strong), but a reality check on oil price sensitivity and capex needs. If Brent rebounds or drilling accelerates, suspension could be short-lived—watch January update. For now, expect volatility as income funds exit.

Hard to mine with no electricity

Via,

as they say in Peru, tranquiolo.....production is 550k and shipping is 90% of that.

Grok reckons that production and shipping parity will happen on the 15th Nov.

13% gross dividend unaffected. Chill.

Lemon,

there are non so blind as those that cannot see.

The ejits claiming 404 did this an that and The Eevil Orcs are a subhuman race who bake babes and live in caves are spoon-fed peesstream media propaganda, have no alternative world views, are triple-jabbed, masked themselves, their kids and would likely have frog-marched dissenters to the ovens.

There is no getting through to them

Little chinks of alternative info may, just may, make it past their lizard brains, but what these nuggets of info do do (pardon the grammar) is get into the frontal lobes of the silent readers here and that should be our gleaming success.