Member Info for Sturm

I'm wondering about the prospects in block 107, especially Osheki, with >278 million barrels.
Would it even be possible to sell the oil commercially? It's >200 km to Pucallpa, where there is a smaller refinery with 2.000ish barrels of free capacity. So the rest would have to go to Lima? With 700+ Km road, that's going to be very expensive to truck.
But are there any other options? If it's a massive find I'm guessing even the 100.000 USD/km it costs to build a pipeline could be considered, as long as it's not PTALs money :D

Hardly any manipulation going on (unless you consider silence to be that).
Oil is fiscalized in 3 places; one of them being the Iquitos refinery. That we see 0's over such a long period of time means there's no production and docks must have been occupied for a while. Hopefully not anymore. Stock can only hold a few days production, and it's not possible to hide the production. I just hope it wasn't a complete stop, since that can damage pumps.
It's not really a surprise that production is sometimes disturbed. It's Peru. So just expect disturbances once in a while.

I'm quite sure they abandoned the reverse split (it's also a waste of management focus and money TBH). At that time, it was trading around 10p (IIRC) - what will take care of the SP and the huge amount of shares (and warrants) is just the good old share buyback. Pretty sure that will begin this year.

@Investor81 Nice find! I guess we might have something more than 0s in a week - or sooner depending on how fast they can resume pumping.

As long as they're drilling I'm not too worried about protesters. But it's Peru and that's why it's trading around 0,26p and not 126p. With the long delivery time of ONP, Talara will pretty much be up and running at full capacity before oil in the pipeline will enter the refinery - it's a 8 month journey. So there should be a lot of pressure on the regional and national government to make a lasting peace. However, it's Peru...
I don't even hold a grudge against the indigenous people - sure it's a pain in the b. - but they've so far received close to zero compensation for hosting a polluting industry for decades (yes, PetroTal is better).
I expect they'll work it out eventually and it's still a very profitable and cheap journey we're on.
@viable, still in TXP, not going to exit anytime soon (adding if/when I can). Somehow people got spooked by 40 - 50% watercut in the (hopefully huge) oil discovery, Royston - PTAL has 80-90% watercut so that amount is nothing to worry about imo. Next reserve updates in both PTAL and TXP will be freaking huge.

I wonder if the docks are still occupied. Or CPF-2 completion is causing the halt. Just odd to see the string of 0's IMO.

Pretty sure PB would not equate 1.333 BO with 10.000 mcf.
That alone makes me certain eaglehaslanded isn't trustworthy.

I wonder if it will be possible to see it on satelite pics? Not the pipeline itself, but rather the line of missing trees :)

I'm pretty sure that is not the top 23 shareholders, but top II's and insiders.

Regardless, that just underlines why people should stop thinking about a take over IMHO.

Unless T&T does something about the taxes, there's a long way from net revenue to shareholders share post tax (50%).

Nice to see PB still talking about a wall of cash. Hopefully we'll get Cascadura online in steps medio 2022 - but the wall of cash I guess will not really hit shareholders until maybe late 2023. There's just so much to drill and facilities to build (and permissions to secure).
Hopefully we'll also be drilling wells with a faster payback than what Royston can deliver now. It's a long time to get "in the money" from a 8 mio. USD well (especially compared to the 30-40 days PetroTal manages on 11+ mio. wells).
Early days. Lots to come. Obviously the gas mongers went elsewhere with their investments today. Now more than ever PB needs to monetize the low hanging fruits so we can get the risk down and the speed up.

No "fit and proper" CEO will EVER comment on the SP, unless it's in a situation where the company is being sold.

Should put a floor under the SP. But it's not a no-brainer, monetizing Royston will take years, a lot of CAPEX needed for 5 - 10 wells, water/oil seperators and water reinjection, etc. With 5 - 10 wells running, I'm assuming we'll have ++5K BOPD for a few decades (at that point demand will much lower and only cheap, shallow wells will be economic IMO).
Now I'm even more interested in knowing what Krakken holds.

If they do reopen the refinery, it's very likely that they will improve the (insanely bad) oil royalty/tax to increase local production. Margin on refined products should also be better, so it's win win and win.

Viable, "PetroTal is also commissioning additional barges that would allow the Company to produce unconstrained through December 2021."
So... a lot of barges around to handle the flush oil production and export(s).
We'll see big numbers for a while.

Oil is fiscalized one of three places:
1) @ pump stations
2) @ Iquitos refinery
3) @ Bretana for whatever is going straight to Brazil on barges

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos
Ahead of CNPC now. Big numbers keep pouring in :)

9H update will be here soon. Highest flush production so far (I hope) and same goes for the fiscalized production :)

Remember the RNS stating that "135,000 barrels are near Pump Station No.1 (“PS1”) at Saramuro, awaiting Petroperu’s ONP pipeline operations to restart".
That production is probably not fiscalized yet since Petroperu fiscalizes at Saramuro (Pump Station No.1) when the oil is transferred from barges to Petruperu storage tanks.
Oil en route to Brazil should be fiscalized (and counted on the production site) @ Bretana.
So I guess we'll soon have some nice 20K ++ days.
Just the 135.000 barrels are 4.7 million USD in netback! Or >2% of market cap.
Basically, every 4 days we get 1% of market cap in Netback @16.000 BOPD & @ Brent 75

I assume people in generel place limit orders and not market orders. The latter will get you f.... by market makers and possibly brokers. Regardless, sellers decide what price they're willing to depart with their stock. You can choose to hold. A "prospect" buyer can choose not to buy, but that will not affect the SP (nope, it will not).
Using limit orders = seller and buyer agrees. It's a fair trade, not "lots of sells" or "lots of buys". IMO.