Member Info for topknot

Link to Capit who will sell your shares when private.http://www.capitadeal.com/ think this is right but correct me if iam wrong.

The response from Hargreaves Lansdown.Seems a standard response, not answered all my questions I put to them seems they don't want or are not really interested in a private company. Following the cancellation of Ruspetro plc there will be no public market or trading facility on any recognised investment exchange for the Company’s Ordinary Shares, and as such you may have difficulty selling this investment at a reasonable price and, in some circumstances, it may be impossible to sell it at any price. Under HMRC rules unlisted Shares are not eligible to be held within a Stocks & Shares ISA. As a result any holding of Ruspetro plc Shares within a Vantage Stocks & Shares ISA will need to be removed within 30 days of the effective date of the delisting (expected to be 6th June 2016). Following the delisting holders within a Vantage Stocks & Shares ISA will need to transfer your holding to a Vantage Fund & Share Account free of charge. Please note that the part of the ISA allowance relating to the existing investment will be lost – i.e. you cannot replace the transferred investments with a new contribution into your ISA. Any sales placed prior to the delisting will retain the proceeds of the sale within the Vantage Stocks & Shares ISA Please note that the Company has announced “the Board has made arrangements for a matched bargain settlement facility with the Company’s registrar, Capita Asset Services to be available with effect from Cancellation to enable Shareholders to trade their Ordinary Shares.” (Source: Letter from the Chairman, 14th April 2016)

Ive posted this before, very helpful. http://www.investopedia.com/ask/answers/06/privatecompanystock.asp?o=40186&l=dir&qsrc=999&qo=investopediaSiteSearch If the link doesn't work just type in the Investopedia search box , selling private shares will take you to a good read on how. I have the shares in a SIPP with Hargreaves Lansdown, ive e mailed them to see if they can and how much it would be to sell the shares once it becomes a Ltd company still waiting for the reply. Will update asp.

Come on 1p lets have u, been holding since the days of gold oil, lets hope the drill goes ahead and we hit oil.

Think i am going to keep my shares in the new private company LTD, never done that before, worth a laugh as not got a great holding 5k worth, sent an e mail to Hargreaves Lansdowne to see ref how and if they will be able to sell the shares for me and the cost once they become Ltd.

Ok lets say they go-head and de-list, and become RPO Ltd then things go well for RPO oil price goes back up finance gets sorted some new wells come on-line and they decide to re-list? if you keep your shares and RPO come back say in 3 years time to the market could that be worth a gamble? just a thought.

http://www.investopedia.com/ask/answers/06/privatecompanystock.asp?o=40186&l=dir&qsrc=999&qo=investopediaSiteSearch If the link dosent work just type in the Investopedia seach box , selling private shares will take you to a good read on how.

You might find this link helpful, http://www.investopedia.com/ask/answers/06/privatecompanystock.asp. I have some with Hargreaves Lansdowe in my SIPP, I am going to e mail them to see how much they charge to sell these shares after they are delisted if I decide to keep them, As I understand from their e mail they sent your allowed to keep in SIPP but not in a ISA. Shall let you know the reply from them.

I got the same scare e mail from Hargrevs, I only have a small holding so not to worried, what do I do, If I keep them what happens?will they be worth anything and could I sell them, holding in my SIPP. Same advice please guys from those that know.

Anyone know if Baron are taking the 15% interest in the project or did we just get our money back?? but agree hopefully things starting to look up for Baron, lets hope the Woodburn Forest-1 well is successful. 08 December 2015 - Final results for the year ended 31 July 2015 PDF Print E-mail InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce its final results for the year ended 31 July 2015. Overview and highlights Islandmagee Gas Storage Project – County Antrim Concluded a grant agreement with European Union’s Connecting Europe Facility for €2.5million (£1.9m) being 50% of the cost of a £3.8 million salt core programme of work comprising the drilling of a well to obtain salt cores and subsequent testing and engineering work. Salt core programme was completed on time and within budget and reporting back to the European Commission is imminent. Feasibility phase of project has now addressed all key technical risks and InfraStrata will now progress the monetisation of the de-risked project in early 2016. European Union grant was available by virtue of the projects designation as a Project of Common Interest (“PCI”) which was renewed for a further two years in November 2015 – the only gas storage project in NW Europe to have this designation. As a PCI the project benefits from accelerated permitting procedures, improved regulatory conditions and continued eligibility to apply for financial support from the European Union. InfraStrata retains a 65% interest in the project reducing to 55.25% should Baron Oil plc exercise their option to acquire a 15% interest in the project.

Well not much their, but have to say the board seem very prudent ref spending money and seem to be keeping a lid on the budget, lets hope they do get an opportunity to get in to another project soon, nothings going to happen fast on hear for a long time now, The Islandmagee in Ireland was a good little deal and could pay well for BOIL in the future.

Come on lets have some good news, Boil have done well with the gas storage drill/loen in Ireland but please lets have some other news!!!!

If they continue to drill wells with these kind of results then I feel its going to be a long long old trip upwards !! when there are so many better company's out there where u can make better or quicker return on your money if ur holding long term, a buy out from another company nearby !!! could be interesting but like duster567 says no one seems interested at the mo, still shall hold on to my shares just in case.

Not what I would say is great news, think they will struggle to get this flowing at anything above 250 per day, shall see u never know with this horizontal type drilling, they might just hit a sweet spot, but most people and investment company's I would think will be looking at 500 + to be a good improvement.

Yea the flow rate from RPO first Horizontal drill is at the moment 1350bopd!! could get better as time goes on, so fingers crossed for PTR first Hor drill.

This share is on a knife edge,good result then up bad result down and down until end of August drill result, and then might not go up much,, think both these drills need to have a very good flow rate.

If u look at RPO another Russian company in the same area as PTR they are about to announce their drill results from their first ever horizontal drill any day now and have gone from 14 1/2p to 18 1/2p in one month, But I do believe their management are better!!!!! lol ive been in here a long time with everything crossed with this board, Miracles do happen,

People are waiting to see what the company do with regards this drill,their 1st Horizontal drill.

This relates to license 61 PTR/India US$5 million performance bonus, contingent upon average production from the Sibkrayevskoye Field reaching 7,500 bopd within the next five years. Lets say they do hit this target so with 7,500 bopd from 61 + 67 license possibility for ??bopd as I take it there will be more work and drills on 67, I wonder what the SP of a company producing 10.000bopd are + any gas/condensate? On top of that? just a thought whilst we wait??

So Oil India and Gazprom!! could be a duel move take PTR !! Cant see this BORD putting up much of a fight if it was to happen? One can only wonder at the SP if it was to happen? Roll on mid July start of Drilling so results from Drill should be September time?