Member Info for kld1

On potential acquisitions over the last 18 months
Number of looked at
% difference from bid to actual purchase price
% of that have fallen by the wayside
% of private and public offerings
etc

Clearer results re workover/new drills
Number of additional barrels not just collective % increase
P1?/P2 OR BOTH approx increase of P2 TO P1
Better indication of prices paid, and gross profit per barrel per region

Sadly will not be able to attend have spoken to PL but never met him. If anybody could be so kind I might ask if you would consider asking some questions on my behalf if you think them worthy.
For starters
Would like to see a detailed RNS before the end of the year outlining a work program (success permitting) for 2019.

Don't know how he is doing but an indicator to watch for is the forth coming crop harvest could make a big difference.

Looking for 25-30m for next year to bring on 2500 bpd or better

we want 10,000 bpd and 50m reserves giving a stock valuation at around £0.55 or better and then a full listing

I understand we have to drill next year but would rather see development in Argentina of existing assets plus some kind of low risk acquisition

Simply we have about 2 to 3 years to find 20m of new P1 reserves

we need to start finding a multiple (4) in relation to what we are taking out in the next 24 months

with lets say 5m and production at 4000 thats under 4 years

500 A DAY X 365 =182500
182500 into 10m = 55 years which is why the P1 asset is not being reflect in the share price
ideally we want to see at 3000 bpd from PG
Its that simple
PF is a great story and gives us cash to do the above but is fast becoming just a cash cow rather than an asset with longevity

With 70% of reserves here PPC need to pull there finger out and have production at 2000+ by end of next year to see any meaningful movement in share price.
ie you want to see 70% of production comes from these reserves and not 10%
This imbalance is top priority for next year in my mind

thank you very much for that

Could someone very kindly tell me daily production and P1 reserves
thank you

so PE CAN'T BE MUCH GREATER THAN 4.5!!!!!!!!!!!!!!!!!!!!!!!!!!! SADLY

let's say by summer next year PF is producing 6000 a day. Reserves will be depleted in maybe 4.5 years. PPC has got to maximise it's reserves in PG next year and to date PG has been a disaster They need to be producing 2000+ by this time next year or they might as well take the 27mm reserves off there home page. I may be wrong let me know

Will not be able to call in this afternoon and am wondering what sort of questions people have up their sleeve?.
Guess they have to be questions that can be answered re regulatory compliance
I would like to know
1 how many acquisitions have we look at and and how away re price we were in possibly closing deals
2 farm out some colour issues from prospective parties
3 vol of pesos and issues re listing
4 if work in the next 6 months is in line plan for next year
Regards
Kevin

2/3 of P1 reserves in PG
currently 500boo a day
take us 55 years to go through P1 reserves needs to be 12 years or less ie 2000+ boo a day

possibly worth 5m -10m to president at current prices

Well president stock might not have gone up but yours has good on you!. Now back to work and try and get this share price to 18 pence my breakeven.
Regards