Member Info for Charlie156

Someone not quite seeing it as our resident super ramper Roxi, a 500,000 sale just gone through.

I thought the erosion control was planned to start in Q3, to tie in with the lower river levels and production. Why start now when Ptal should be pumping out as much oil as they can. Production for April 24 is well down on April 23

I don't think their heart is in these buybacks, they should have bought far more at the £17 level. They had a 2 month window to snap up shares at that price, before the SP took off.

The bids for NA won't have gone up with these results. Why are their driver recruitment problems everywhere, except Alsa.

There are reasons a company producing 20,000boe/d has a £140m market cap, which some punters on here are oblivious to.

SAS, as of today I have JSE producing.

Montara-6000.

PM-5500.

CWLH-4250.

Stag-2250.

Sinphu-1500.

Total, 19,500boe/d. 7000 of those are hedged at $70 a barrel.

Don't forget to factor in the increased water cut from the PM infills and Stag decline.

They're all crawling out of the woodwork today, me included. TMS, I don't know what institution you've been held in the last few months, but it clearly hasn't worked. I would have doubled the electric shock treatment myself.

11 weeks since any Akatara news. With Blakeley's recent track record, if there was good news to impart, he would have done so. Over the last 22 months he has spent any residual goodwill he had, and earned $4m in the process.

76 days since last Akatara update, 75 days left in Q2 for Blakeley to deliver on his promises.

Bob, I'd lay off the bananas if I was you. I think you might have a potassium intolerance that you're unaware of.

I kinda miss Gingy's moaning. In fact I'd like to see the shares go under £5 again just to read those posts again. Nothing to do with me selling my shares on the cheap yesterday.

As you say very different companies. On paper JSE looks the safer bet, considering the jurisdiction, river droughts and stroppy locals that Ptal have to deal with. Ptal also pay a 12% dividend and have a magician of a CEO, which means I end up sleeping a lot better at night as a Ptal shareholder than a JSE one.

Shearclass, I think you've shamed the market makers into narrowing the spread. Wise up 5% in the last month compared to 27% for Alpha.

Sturm, you have been here longer than I have. Ptal had a great run of wells with 8H,9H,10H,11H all exceeding expectations. Since then the wells have performed in line with expectations and paid back their investment, if not hitting the heights of those earlier wells. I've looked at the field and can't see why that might be. Any ideas?

Sold my Nov 23 holding at £5.27. I bought too soon then and probably have sold too soon now, but it met my criteria. GLA

What's the purpose behind these daily 17,000 buybacks. Is it just to annoy Bananabob.

It's usually one or the other when it comes to robust oil and gas trading for the quarter. To get both for Q1 24 says to me results will be strong in May, although with such a firm commitment to buybacks I'm not expecting a dividend increase.

I can sell at 46.95 and buy for 46.94. Someone's keen.

BP release a trading statement for Q1 next Tuesday. Whiting refinery was closed for a number of weeks, so that will impact on downstream performance.