Member Info for comeonvog

In the light of the overall progress made, operational plans for the next 13 months are now being prepared and will be announced in January 2021 after Board review. This i'm looking forward to.

Thankfully covid cases in Argentina are finally subsiding, South America has been hit hard with this new virus, but understandable .

Often a hint before the move north, the trolls have little to say and the position posters will have to buy if they are interested. 2021 the year of small oilers ( if they have meaningful production upside and can reduce costs) They will be the drivers of the post covid revival. IMO

Brasso3 I agree by end of Jan, and could be earlier on the right news. Paraguay is starting to shape up nicely and nothing is priced in for that asset .
steven49 "potential too increase on 4,000 boepd next year.lots drilling." I would say 5000 boepd in 6 months easily and could be more. Lets see whet they have planed for 2021 President is progressing with planning and a feasibility study with a view to drilling 2 or 3 vertical development oil wells in 2021. " in the Dos Puntitas field, part of the Puesto Guardian concession, and is in the process of applying for the relevant environmental and location permissions. The last vertical well drilled in Dos Puntitas initially produced 250 boepd. "We look forward to increased activity next year and expect to make an announcement within the next two months regarding future plans and timing" 7th DEC. The recently tested well LB-1, as yet not on stream, will be connected and placed into production before year end. Likewise the new well EVN-x1 is currently off-line having a pump fitted. Plenty of catalysts to move the price here , but some would have you believe this stock is a duffer , i wonder why.

Ecclescake I would't necessarily agree with two of your statements. Firstly not everybody is looking for an exit at this stage, why ride the storm of covid and low price of poo to now sell just when things might start to improve for junior E&P company's. If we can believe what has been stated over the last 6/9 months RNS's then PCC could be developing into a long term investment with plenty of potential for price action, just the news on the new treatment plant on the 22 Dec has been stated by PL to be worth an extra 350 bopd. Average production rate for 2019 was 2,414 boepd, we are now looking at over 4000+boepd with improving prices and news on next years drilling "operational plans for the next 13 months are now being prepared and will be announced in January 2021 after Board review." You state " Its going to be a mammoth job to change attitudes after years of dilution" well new investors/gambelers join the market constantly and old hand's adjust there portfolios and the past is soon forgotten when there is money to be made on improving fundamentals. I am a bull on O&G for 2021/22 as it will be needed to get economy's reignited from the grips off this terrible pandemic. IMO

fizzydrink what a ****** of a position poster, all that is wrong on these boards.

Alongside tooling production, significant capital investment will be made in the current year by the Group to establish sufficient capacity for the anticipated demand. How will they pay for this.

They also have huge debt and pension liability's.

looks promising , ask 5.7p

", in the absence of unforeseen circumstances, to have an effective zero or negative rate of interest. "

very good PL , getting those costs down with an interest free loan and building more infrastructure ready for our 2021 drilling program. Paraguay could be the game changer.

Ohmetoe A lot less debt though and now 4000boepd + a day.

Sold on the bell and just bought back. Now if we can all do that again at 120p in a coordinated sell off i would be extremely happy.

News over the xmas period would be my preference, plenty of people at home with little else to do might like what is about to happen here the trading could be off the scale IMO...... Copper .

Well done SHG management , now that's what i call pro active, this is how you run a mining company .

"The recently tested well LB-1, as yet not on stream, will be connected and placed into production before year end. Likewise the new well EVN-x1 is currently off-line having a pump fitted." Another 200 bopd at $50+ .

" DNA vaccines are exceptionally stable, do not require ultra-low temperature storage and are manufactured using relatively simple processes." Brilliant .

BurtonD The man is a bafoon he backed BLVN VOG CASP GKP PMO and i think HUR to name a few. he coughs and splutters through interviews brown nosing the management. Your a **** if you follow him IMO.

Stitch up merchant.............All you need to know by reading the BMR RNS's . Not to be trusted.

SauerKraut Drinking beer in the canteen.