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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Petrolatina | PELE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 19.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 19.50 | 19.50 |
| Top Posts |
|---|
Posted at 17/2/2012 11:38 by cyfalafwr If you hold certificates as I do.Is it not sign on the dotted line send in your certificates .Here's the 19.5 p x no of shares ,thank you ,no dealing fees.That is what happened with EEN a while back.Edit : late post delivery here.Just got the documents ,it appears we must pay for the dealing costs min £25 for them to take away the shares from us but no stamp duty if I read it right. Hope all future drills are dry an that the pipeline leaks. A kick in the ba$$s again for the small investor .Happens all too often on AIM these days. |
Posted at 16/2/2012 18:57 by bam bam rubble Investors cheered Petrolatina Energy on Thursday, chasing it nearly 10% higher on news a 3rd party trading facility has been set up with £3.4m available to acquire shares from minority holders at 19.5p, a 22% premium to yesterday's closing price ahead of de-listing from AIM to take place next month. The Company listed in 2005 at an equivalent 350p therefore its exit from AIM represents a loss of some 94.4%. |
Posted at 26/1/2012 09:25 by luminoso Ok, I'll give you the farm in, Rizzzla ! That is since the results. Where are the spuds at la Paloma and other activities promised ? What I don't understand is why their communication with investors, which was significantly improved a couple of years ago, has nearly evaporated completely. You begin to wonder if the board are happy to see the share price depressed..... |
Posted at 07/10/2011 15:41 by fireplace22 30th Sept by the look of it:Lespage - 29 Sep'11 - 19:22 - 3150 of 3158 Message to all other long suffering investors in PELE Unless we have a RNS tomorrow telling us that ANH have granted the rights to Shell E & P, they reserve the right to pull out of the farm-in agreement AND request their $3m deposit be paid back. |
Posted at 29/9/2011 19:22 by lespage Message to all other long suffering investors in PELEUnless we have a RNS tomorrow telling us that ANH have granted the rights to Shell E & P, they reserve the right to pull out of the farm-in agreement AND request their $3m deposit be paid back. Just how much further can this share price sink???? Anybody got ANY good suggestions for the board of directors??? |
Posted at 11/4/2011 20:16 by peterbill They have ignored us small investors, perhaps thinking that we would all sell up and go away.Something fishy ... ? |
Posted at 11/4/2011 18:07 by hastyretreat Couldn't agree more. The BOD here are woeful. They had a spell a year ago and then have gone downhill fast. Missed deadlines and poor investor relations. Been in my bottom drawer too long! |
Posted at 24/3/2011 13:52 by cerrito I went through my notes and see I attended an Investor Presentation in October 2006 when I was told by the original management team that Serafin would be on stream in March 2007 so at least we have got here 4 years lateNot sure if there is anyone technically qualified here: I was surprised that we are talking about a six month production testing period ..do those in the know think that this was always intended even if not articulated?; I have been under the fond impression that we would have a three month payback. Perhaps the company feels it has the financial strength to go slowly to maximize production rather than get as much gas out of the ground as soon as possible. |
Posted at 25/1/2011 16:17 by gray1107 PeterBill, the share issue was announced a year ago. It's already been accounted for by the market.Nothing new here. FYI I would allow for at least 120m shares as per the last years AGM. As Don says the remainder will be issued in due course. That said upside looks good for 2011, anyone considering investing should read the November update; The proactive investors article paints a similar picture. IMHO, DYOR. |
Posted at 09/11/2010 15:30 by makday This is very interesting article...We have been watching Petrolatina here for quite some time. I was especially puzzled at the big drop when they announced their Interims. It seems that some out there based their investment on Colon 3 results alone ignoring the fact that Petrolatina posted a 111% increase in revenues for 2010 June of $9.6 million. Gross profits more than doubled to over$6.4 million over a 100% increase in gross profit up to June 2010! Average gross production increased to approx' 1700 bopd and Total gross production for the period increased by approximately 65% to 307,556 barrels. Colon 1 and 2 production has nearly doubled while Colon 3 has a tight formation that has resulted in a restricted flow even though production from colon 3 may come on-stream from the Umir formation! Petrolatina have drilled 8 successful wells in 2009. They currently have a 1.3million barrel management estimate on their Midas block alone with a whole host of other producing wells. There is a raft of information re' seismic and production enhanced techniques being utilised by the company to further increase production and add share-holder value. Their top man Luc Gerard(not of Star Trek) is said to be quietly confident that the updated independent reserves report scheduled to be released shortly will further add significant upside to their reserves. It looks and feels to me that Petrolatina have certainly bottomed out and are well on the way to a significant price increase over the coming months. They are certainly a bargain given that 3/4 years ago they were trading at over 300p while only recently they spiked up to 90p. Like most small cap oilers Petrolatinas message has been lost some-where along the line by investors focusing on the Colon 3 drill while ignoring the company as a whole. Investors should research this company as they are known to be about to inform the markets that their independent reserves report has significantly increased reserves! So just what should Petrolatina be trading at? Well certainly not 40p! There is a distinct possibility that an 80/100p target is on the cards here these will begin to rise just like xel have on expectation of further good results! A cool head will help here. Cold fact is that they will rise significantly! Hola! Daniel Hi Daniel, What about MXP, ............. Any news on this............... Dan the Man, Welldone, that is another fantastic one you have pulled out. Don't want to miss this one as I missed 400% rise in XEL (was watching it since 67p) Cheers & thanks, SK. |
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