Member Info for DRichi

16km pipeline to be laid, looking on target to be done by end-Jan.
27th Nov - prep work underway
19th Dec - 6km welded, 4km buried
30th Dec - 8km welded, 7km buried
13th Jan- 12km welded, 11.5km buried

The clue as to where the announcement can be found is in the subject heading, the "update on twitter" ;-)

For those not on twitter, President also show their tweets on their website homepage, https://www.presidentenergyplc.com/

Re: upping communication. I think we should be due updates soon on Drilling planned in Jefferson island (date?) and Estancia Vieja (planned Q1 2020) plus completion of laying the gas pipeline at end of Jan, and then first gas sells in Feb. Also unaudited results for 2019 might be posted this month, also maybe plans for 2020?

That's 5 or 6 RNs that could be issued by end of Feb, that's almost 1 a week. Let's hope for lots of good news and a SP tick-up with each one.

these were updated in October 2019. And make a few interesting points.

*Puesto Flores, Puesto Prado and Estancia Vieja ?are all contributing to Oil production.
* Drilling planned for Q1 2020, commencing in Estancia Vieja.
* 2020- more wells to be drilled in Puesto Guardian
* Paraguay pushed back to 2020
* Any more acquisitions? Let’s see?…never say never but let’s first close and assimilate Angostura.
* Louisiana- we intend to drill Jefferson island at or around the end of 2019.

The secondary market (PPC.GB.PL) is up today to 4.2. Hopefully that is a good indicator of which way the SP is likely to move next....

It got to 4.55p yesterday briefly mid-morning. Be good to see it try break this. With JPM gone, it might be the start of a different cycle, with good news RNS's having a proportional good impact on the SP.

This month we have Unaudited FY results to come, plus confirmation of completed gas pipeline, then next month there should be news of gas sells via the completed pipeline. Additionally, be good to know about the planned workovers in Louisiana, Puesto Flores, Estancia Vieja and Puesto Prada.

Nice to see the SP ticking up. Need a few more days (and weeks) of this to get back to Fair Value.

Be good to see the Unaudited Mgmt Report with 2019 YE figures in it, and plans for 2020 set out. It's gonna be a good year....

7.9M sold and the SP goes up! That's a good sign surely. Ps. Don't call me Shirley.

If it's JPM selling, then an RNS won't be required as they are already below the minimum reporting threshold.

2017 Avg Group Production was 1,121 BOEPD. SP at YE was 12p
2018 Avg Group Production was 2,279 BOEPD. SP at YE was 9p
2019 Avg Group Production TBC. SP at YE was 3p
2020 should see Production to increase to 5000 BOEPD.

If only it was as simple as saying 2017 YE was fair valuation. Production at end of 2020 will be 5x that, so the SP should be 5*12p = 60p. Appreciate there's roundings there, and Avg vs Exit Rate, plus some share diliution & marco economics not taken into account, so the sums won't work like that. But still, if the company is producing 5x more, then you could reasonably expect that to be reflected in the SP.

What a good start on Monday morning. Booooom! Haha! Long way to go yet. Based on Production estimates (that are easily achievable) I am thinking the SP should be back in double digits by the end of the year.

Paraguay? Anything that happens there would be a bonus. We haven't heard anything about it for a while, and no news is not normally good news in PPC's world. I think getting the Gas online, and ramping up oil Production in Argentina & Louisiana are the first priorities. Get that done, increase cash flow, build up a war chest and get in a good position to drill Paraguay.

10% gain in 1st hours trading this week. Let's hope we can have lots more of this....

If JPM has sold out completely the RNS would state their current holding as nil or be left blank, instead it stated "below the minimal threshold". I take this to mean that JPM still (at that moment in time) held shares. Therefore the reason for selling is not a MarketCap policy, and would instead be a strategic decision.

Anyway, whatever. JPM selling significantly took the SP down. Now that's cleared, hopefully the SP will perform like Yazz, and the only way is up....

15M + 10M + 5.5M. That's huge. SP should really move up.

Do we think it's Schroders buying more?

I really like the 'Letter of Shareholders' - it's good PR management and good engagement with us PI's. After the disastrous SP performance in 2019, it's good to review it in full, and to remember the positive progress that has been made in many areas.

Gas pipe set to come on-line and increase Gas sells 10x by end of Feb.

(Projections) for average Group production in 2019 of 2,600 boepd increasing in 2020 in the range 4,000-5,000 barrels boepd. A doubling of Production this year would be great. C'mon PPC, let's hope 2020 is your year.....

on Twitter- 8km welded, 7km of pipeline buried. Looks like they are on course to have the 16km completed by end of January. Bring on the pipes, bring on the Gas, and let's have some SP movement....

1,000,000 shares traded t 9:10 @ 2.97. Based on Buy/Sell price then it looks like a Buy to me.

The upcoming gas pipeline once completed should give PPC a SP boost. The Angostura purchase was good. Be interesting to see the end of year Production figures.

Also, another thing that might have an +effect on the SP is that maybe the price been driven down by a Seller, and once the overhang has cleared we will see a decent bounce.

(relatively for PPC anyway). Maybe it's the schroders effect. Let's hope Buys keep coming in and this SP can improve soon....

That's 2 different 5 million Buys. Times are different, AM & PM, and the prices are 3.24 and 3.29. That's 10 million shares bought in two transactions. And still the SP kept down!!?!?

The 5M trade was at 9:06 yesterday morning, but the reporting of it was a bit delayed. A trade of that size is likely to be from an Institutional Investor. Maybe we will see a Holdings RNS to confirm who this was?

After the huge drop recently when I received the RNS alert this morning I was worried that it would be bad news, so it was reassuring to read that the drop was for no reason. Hopefully we can have a decent tick up from here.

And plenty of news due that shopuld help the SP as well. Louisiana, Argentine work-overs and Gas coming online in Q1. Be good if that could take this SP back into double figures again....