Member Info for topknot

Just small talk whilst we wait for the up! you guys with the chart access what's your thoughts? what are your charts saying reference PVR? Irish oil company? decided to get in there with a little punt due to a possible farm out news. I know its not RPO, but whilst we wait? Be interested anyone else in PVR.

But I have to admit I have never taken any notice of charts, old fashion maybe?but have to say very happy with my decisions up to the present, I buy in to a company on pure research more so when Russian!! Charts are their to help and some people like to use them that's fine by me personal choice, but I will stick to what I said regards this share no matter what any charts say regards this share at this time it is going to be purely down to the results from their first horizontal well 214,now if its a good result then the charts for well 215 should be even better. End of the day no one really knows charts research etc , all comes down to the old saying for Pis don't invest more then you can afford to lose, simple. Fingers crossed for 214 !!

tell u everything u need to know ie all 3 horizontal wells drilling ahead fine no problems lol, no matter what they say, its going to come down to one thing here, has the well been successful do we have a good BOPD flow rate ,doesn't take a rocket scientist to work out this share is going to increase now with news on the drill to be announced soon, lots of people will be willing to get in now and take a small risk, its what happens after?with good or bad news, and the same will happen in August.

No news no reply's to e mails sent to the company? how strange from this company !!!!!!!!!!!!

Anyone like to start the ball rolling? what's the BOPD going to be from the new well! come on July. 900 bopd flow rate is my guess,

Lol we all live in hope!!! a bit of light hearted banter whilst we wait & wait and wait & wait for an update from the bod!!

You have two options No hope and Bob hope, another old saying a leopard never changes its spots!! I voted for Natlata knowing that they would not win but hoping that the pressure would make this Board change!! I wounder !!

July for well 214 news will be flow rate 500-800 bopd August well 215 will be 400-700 bopd, share price will go up on 214 flow rate and then again in August, min 5p increase for each well what's next ??? brought to you by Topknot dreaming finances LTD !!!!! its fun waiting for news.

Hard to believe this did hit £2.25 once !!!lol roll on next two months should be fun, cant wait to see how the market reacts to the 214 well if we get very good flow rates???

Yea agree please give us a break, hopefully on the up at last.

Lets hope for good results, they seem to be cracking on with the drills now. London, 9 June 2014: Ruspetro plc (LSE: RPO) is pleased to announce that it has spudded its second horizontal well (number 251) from Pad 23b having completed drilling of the horizontal section of the first well, number 214. Production from well 251 is expected in August 2014. Well 214 is currently being completed with first production expected in July, as planned.

I have said before and believe the new horizontal drill will make the difference, if we get a good flow rate from this well I believe this will set the upward trend!! hopefully, as they said the vertical well had good results. So roll on July. The Company has commenced drilling of its first horizontal well (designated well number 214) from Pad 23b on the Company's Pottymsko-Inginsky licence block, using Eurasia Drilling Company Ltd as the Company's drilling contractor and Schlumberger as the Company's technical partner. The pilot vertical well phase of this well has now been successfully completed, and has confirmed the Company's structural and reservoir understanding. Approximately 19 metres of oil bearing sands have been identified in the Jurassic two and three formations, towards the higher end of the Company's expectation. Data necessary for the design of the horizontal well completion was also successfully collected. The Company has now initiated the horizontal phase of this well, with first production expected in July 2014.

The pilot vertical well phase of this well has now been successfully completed, and has confirmed the Company's structural and reservoir understanding. Approximately 19 metres of oil bearing sands have been identified in the Jurassic two and three formations, towards the higher end of the Company's expectation. Data necessary for the design of the horizontal well completion was also successfully collected. The Company has now initiated the horizontal phase of this well, with first production expected in July 2014. This from the recent announcement, so its not a duff well if the horizontal drilling encounters no probs this from what ive been reading should produce a good flow!! All I can say is DYOR and see what u come up with,this is the first time ive had to look in to this type of drilling, horizontal fracking. Could be just the boost we need. Have a good w/e all.

The well seems to have hit a sweet spot so maybe the partnership with Schlumberger is going to help this company,lets hope for good flow rate come July,just a bit concerned ref the debt but,seems to all be in hand.

Looks all good news to me they seemed to have hit a sweet spot with the drill so far lets hope for a good flow rate come july,seems if the partnership with Schlumberger could be paying of. The debt is a bit worrying but they seem to have the backing of their debtors.

Well time will tell, lets hope we get some uplift in the SP soon, ive got to try and stop looking at the SP every day!!! if only!! look at it in 6mths time to see it at 40p someone kick me !!! some good post from u guys heres to a bright SP.

Is what is needed here to get this SP up,You never know Oil India might have some better management that hopefully will take control of this,but ive a feeling its going to be a while at least until we get some news on the plan maybe that's what the investors are waiting for. I don't think much will happen until a drill gets going and fingers crossed it hits a good spot at least 300-500bopd.

Agreed but a good outcome from a drill will always up the sp, like I said they started on the 15th Apr, just asking if anyone knows how long these horizontal type of wells take compared to the standard ones that RPO have been doing ie 21 days from spud to target? need a teche!!lol

Now didn't they start a drill on Ap15th? reading their own blog they say it takes 21days to do a normal drill, I know this is there first horizontal drill, so anyone got any idea how long this type will take? could they already be there?

And iam glad I did, My main reason is because I think this Bod where long overdue a kick up the backside,with what they have done, Iam hoping that this has made them wake up and this new deal with india oil helps the sp, At least we now no that Natlata and Oil India will be watching the Bod like hawks,so this should be good news for us all.