Share Name Share Symbol Market Type Share ISIN Share Description
Petroworld LSE:PWC London Ordinary Share KYG704101081 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 44.67p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Unknown 0.0 -0.7 -1.7 - 0.00

Petroworld Share Discussion Threads

Showing 76 to 98 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
11/12/2006
12:45
Petroworld Change of Name PetroWorld Corp. to Commence Trading as "Coastal Energy Company" on October 3, 2006 /THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICE/ AIM: PWC TSXV: PWD GEORGE TOWN, Grand Caymans, Oct. 2 /CNW/ - PetroWorld Corp. (the "Company") (TSX-V: PWD; London AIM: PWC) announces that it will commence trading as Coastal Energy Company on Wednesday, October 4, 2006. The Company's new trading symbol will be "CEO" on both the TSX-V and AIM, and its new ISIN number will be KY G224041007. The change of the Company's name is being undertaken in connection with the Company's completion of the acquisition of NuCoastal (Thailand) Limited and the acquisition from PH Gas LP of certain shares of APICO LLC, each of which closed on September 25, 2006. Particulars of these acquisitions and the Company's related $40 million public offering of its common shares are set out in the Company's September 25, 2006 news release, and in the July 25, 2006 information circular and September 8, 2006 short form prospectus and AIM Admission Document of the Company. Each of these documents is available under the Company's profile at www.sedar.com.
currypasty
18/9/2006
15:02
I was going to buy on relisting. Is this still a good stock to get into - now that it is a much larger organisation!
little minx
28/7/2006
09:40
PetroWorld to hold EGM on Aug 30 to approve NuCoastal deal LONDON (AFX) - PetroWorld Corp said its will hold its AGM and an EGM on Aug 30 to approve, amongst other items, the merger deal with NuCoastal (Thailand) Ltd and the change of the company's name to Coastal Energy Company. newsdesk@afxnews.com tc
currypasty
27/6/2006
09:16
no - still suspended on AIM.
unionhall
27/6/2006
07:31
can i sell them if i hold them in TD Waterhouse Nominee account??? & why is there no news from the nominee holder on this???
999rp
26/6/2006
21:54
dropped from 70c to 55c in Canada since resumption (approx 27p).
unionhall
26/6/2006
20:52
whats happened o this share?? it got transfered to TSXV, i bough tsome shares before they transfered but haven't heard anything?? any news would be a help thanks
999rp
14/6/2006
07:37
Best to buy in Canada!
wassapper
14/6/2006
06:24
PetroWorld Corp 14 June 2006 AIM: PWC June 14, 2006 TSXV: PWD PetroWorld Corp. Resumes Trading on TSX-V PetroWorld Corp ('PWC' or 'the Company') will resume trading on the TSX-V exchange at the open June 14, 2006 after the Company's shares were suspended on March 31, 2006 when PWC announced it had signed a Letter of Intent ('LOI') with Nucoastal (Thailand) Limited ('NuCoastal') to merge both companies' assets in Thailand by PWC acquiring all of the outstanding shares of NuCoastal in exchange for PWC shares. Completion of the acquisition, which is subject to shareholder approval, is expected before the end of July. The enlarged company on completion of the acquisition proposes to undergo a name change from PWC to 'Coastal Energy Company'. The Company's common shares will remain suspended from trading on AIM until an admission document is published and posted to shareholders of the Company. NuCoastal, a private company based in Houston Texas, has a substantial portfolio of onshore and offshore assets in Thailand. Offshore the company retains a 50% interest in the G5/43 Block located in the Gulf of Thailand. The other 50% interest in the Block was acquired by PWC last year in a farm-in deal in which PWC contributed US$5 million towards a three well drilling programme on the Bua Ban oil discovery. All three wells successfully encountered hydrocarbons and engineering and feasibility studies initiated earlier this year are currently evaluating field development options. A competent persons report completed by Petrotech Engineering Limited dated December 31, 2005 estimates proven, probable and possible reserves in the Block at 18.62 million barrels recoverable. In addition to the offshore assets, NuCoastal holds a significant acreage position in the Korat Plateau area in north east Thailand. The onshore portfolio which is held via a 25.5% interest in a private company, APICO LLC, includes a net 8.925% in the Phu Horm gas field which is currently under development and due to come on stream late 2006/early 2007. The field has proven, probable and possible reserves of close to 1 trillion cubic feet (176 million barrels oil equivalent) according to a Gaffney Cline Report dated August 1, 2005. NuCoastal also retains a net 25.5% interest in two exploration blocks adjacent to the EU1 and E5N blocks which contain the Phu Horm gas field. Block L15/43 surrounds the Phu Horm gas field and based on current mapping by NuCoastal could contain the southern extension of the gas field. An exploration well is planned for later this year in the Block and if successful could add several trillion cubic feet of gas reserves. Block L27/43 is located south east of the Phu Horm field and contains the undeveloped Dong Mun gas field. An exploration well on Block L27/43 is planned for late 2006 or early 2007. A third exploration Block L13/48, which also contains several gas discoveries, is currently awaiting ratification by the Government of Thailand. In addition to the NuCoastal acquisition, PWC recently signed a Letter of Intent ('LOI') with PH Gas LP to acquire the PH Gas LP's approximate 10.65% interest in APICO. The acquisition of the additional interest is expected to close concurrently with the NuCoastal acquisition. The acquisition consideration will be the issuance of PWC shares at the same ratio as the NuCoastal onshore assets. Upon closing of the two acquisitions, the Company's net holding in the Phu Horm gas field will be 12.635% and 36.1% in the two surrounding exploration Blocks, L15/43 and L27/43. Upon completion of the acquisition of NuCoastal and the purchase of the PH Gas equity in APICO, the enlarged company, Coastal Energy Company, will have a proven, probable and possible reserve base of 39.2 million barrels of oil equivalents. The enlarged company will also benefit from an expanded board of directors. The proposed board of directors on closing will consist of Albert Whitehead- non-executive Chairman, Frank Inouye - Chief Executive Officer and the following non-executive directors: Robert Black former President of Worldwide Exploration and Production division and Senior Vice-President in the office of the Chairman of Texaco, Bernard de Combret former Deputy Chairman of Total Fina Elf S.A, Olivier de Montal CEO of OOM Developpement in France, John Murphy formerly Chairman and Chief Executive Officer of Dresser Industries, Inc., Lloyd Barnaby Smith former United Kingdom ambassador to Thailand, Forrest Wylie Vice Chairman of Pacific Energy Partners and John Zaozirny counsel to the law firm McCarthy Tetrault LLP and Vice Chairman of Canaccord Capital Corporation. Frank Inouye CEO is a qualified person as defined under the AIM rules and this announcement has been prepared under his supervision. The completion of the proposed transactions are subject to customary conditions, including finalization of a Share Sale and Purchase Agreement and other definitive documentation, due diligence, respective board and shareholder approvals and relevant stock exchange and regulatory approvals and satisfactory completion of a financing by PWC, the proceeds of which would be used to fund further exploration, appraisal and development on the enlarged asset base of the combined company. The amount and terms of such financing have yet to be determined. Some of the statements contained in this press release are forward-looking statements, such as estimates and statements that describe the Company's future plans, expectations, events, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this press release, and neither PWC nor NuCoastal undertakes any obligation to publicly update or revise any forward-looking statement. On behalf of PetroWorld Corp. 'Frank Inouye' Chief Executive Officer & Director For additional information, please visit our website, www.petroworldcorp.com. For further information please contact: PetroWorld Corp. Frank Inouye, Chief Executive Officer Tel: +44 (0)207569 9000 Email: investor@petroworldcorp.com Weber Shandwick / Square Mile Terry Garrett / Stephanie Badjonat Tel: +44 (0)20 7067 0700 Email: tgarrett@webershandwick.com Canaccord Adams Limited Ryan Gaffney/Nick Clayton Tel: +44 (20) 7518 7339/+44 (20) 7518 2777 Email: ryan_gaffney@canaccordeurope.com 'The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release' This information is provided by RNS The company news service from the London Stock Exchange
steelwatch
08/5/2006
04:52
Any idea when these will re-list they look very interesting?
bainsy1
31/3/2006
07:01
31/03/2006 7:30 am TEMPORARY SUSPENSION OF TRADING ON AIM PETROWORLD CORP. At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 31/03/2006 7:30 am pending the publication of an Admission Document.
currypasty
31/3/2006
06:42
Well, I thought Final result should be today BUT noticed a very good news!!! Merger with Nu Coastal that have lots of good assets under there belt! Going to go up on relisted.
manis
29/3/2006
23:26
FirstAfrica Oil (FAO) - found gross oil column of 168feet versus PWC -gross oil column of 570feet!! FAO Market cap £70m PWC market cap £14m. (very very undervalued) EME (Empyrean Energy)discovered net pay of 14m (42 feet only) compared to PWC with TOTAL NET PAY of 230feet!!! Mind you that EME only has 38%interest on Eagle field compared to PWC which has 50% interest on Bua Ban field. EME - market cap £38m PWC - market cap £14. I am very confident that the market will wake up to realize PWC true value ( more than £50m market cap at least)
manis
29/3/2006
23:16
Bua Ban field revealed a gross oil column in excess of 570 ft!!! Bua Ban 2 = oil reservoir with net pay of 70ft Bua Ban 2A = oil reservoir with net pay of 78ft Bua Ban 3 = oil reservoir with net pay of 82 ft ( flow rate of 2700bopd)
manis
29/3/2006
23:11
Drilling report in August 2005 The planned two well programme was designed to confirm the extent of the Lower Oligocene sandstone reservoir that was originally discovered in the Bua Ban -1 well drilled by Premier Oil plc. in 1990 (Bua Ban-1 flowed 760 bopd). A sidetrack to the Bua Ban-2 well was added to the programme to provide a better understanding of the reservoir distribution. These wells were drilled deviated from a single surface location and the results from the three wells, Bua Ban-2, Bua Ban-2a and Bua Ban-3 have confirmed the extent of the Bua Ban field and revealed a gross oil column in excess of 570 ft. The Bua Ban field has a mapped structural closure of approximately 1880 acres. Bua Ban-2, the first well in the programme, targeted the northern end of the structure and was drilled to a total measured depth of 9403ft. The well encountered the Lower Oligocene Bua Ban fan reservoir sandstones at 7387 ft. and wireline logs indicate an oil bearing reservoir with an estimated average net pay of 70ft. Bua Ban-2a drilled as a geological sidetrack to the first well, penetrated the same Lower Oligocene reservoir package 1476 ft. to the SE of Bua Ban-2 subsurface location and reached a total measured depth of 9595ft. Oil samples were recovered using a Repeat Formation Tester ("RFT") from 3 separate sandstones and net pay has been estimated at 78ft. Bua Ban-3 was drilled to evaluate the southern part of the Bua Ban field and penetrated the Lower Oligocene reservoir some 2.25 km south of Bua Ban-2 well and reached a total measured depth of 9156ft. Two RFT samples were recovered from the Oligocene reservoir and net pay is estimated at 66 ft. The well was open hole tested using a non-perforating inflatable packer Drill Stem Test ("DST"). The first test (DST-1) over the interval 9018 - 9038 ft had an initial flow rate estimated to have been 2537 bopd. The second test (DST-2) over the interval 8993 - 9017 ft contained some 16 feet of net pay and achieved a flow rate of 164 bopd on a 20/64" choke.
manis
29/3/2006
23:09
(a) Thailand Acquisition In April 2005, the Company entered into a farm-out Agreement with NuCoastal (Thailand) Limited ("NuCoastal") for block G5/43, offshore Thailand (the "Block"). The Block is located in the Gulf of Thailand off the southern coast. In consideration for a 50% equity interest in the Block, the Company has contributed $5,000,000 towards the drilling of two wells. Any costs in excess of this contribution will be met 50:50 by the Company and NuCoastal. As of September 30, 2005, the Company had incurred $6,840,717 of costs relating to its acquisition of the Block, including the $5,000,000 contribution noted above. (b) Nevada Acquisition In April 2005, the Company entered into a seismic option agreement with Cortez Exploration LLC ("Cortez") to earn up to a 50% interest in certain oil and gas leases located in Gabbs Valley, Nevada State, USA. To earn its interest, the Company paid Cortez $100,000 for the seismic drilling option and must conduct a 2-D swath seismic survey with a minimum cost of $250,000. The Company commenced the seismic survey in early October, 2005. After completing the seismic survey, the Company has the option to commit to drill a test well. Should the Company elect to drill a test well, the Company will pay Cortez $1,350,000 less any lease rentals the Company paid while the leases were subject to the seismic/drilling option. Lease rental costs of $80,292 were paid by the Company. Another participant in the Lease area is Empire Petroleum Corporation which holds a 10% working interest and whose Chairman is the Company's Non-Executive Chairman.
manis
29/3/2006
22:28
up again in Canada today.
manis
28/3/2006
19:38
Frank Inouye - Managing Director (B.Sc., MBA) Former Head of Corporate Development for Premier Oil Plc. and previous General Manager of Premier Oil Pacific Limited. Responsible for developing Premier's Far East asset portfolio including the 2.5 TCF Yetagun Gas Field in Myanmar. Mr. Inouye also acts as Technical Director for a number of private investment groups both in the UK and overseas. Well...at least we know the company is in the good hand!!
manis
28/3/2006
13:05
Yeah, but look whats happened since... but the chart is rounding off at the bottom at this level.... off to do some research... lee$on
leesonlookalike
28/3/2006
13:05
that is what I thought. After done my research, PWC have found significant oil. Market cap should be above £50m at least
deanmatlazin
28/3/2006
13:02
I remember last time the share price moved very quickly up.
rebtif10
28/3/2006
13:01
Ive just sent an email to the CEO... when I get the response i'll tell ya :-) Im trying to get info on the gabbs valley 2-d seismic survey, and the gulf of thailand appraisal well status, or the actual status of the operation on the block. Lee$on MCAP looks low !!
leesonlookalike
28/3/2006
12:59
used to have this on my monitor but couldn't really find anything out about. Could somebody just give me a brief background update. Thanks.
rebtif10
Chat Pages: 4  3  2  1
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