|President Energy Plc
||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
President Energy Share Discussion Threads
Showing 44201 to 44223 of 44225 messages
|In fact, I'm guilty of bigging-up the achievements of PPC. Those figures are far too high for a PPC producing well. LOL!!!! And the jury's still out on the figures from all those "successful" wells they've previously drilled but which don't appear to be producing at the moment. LOL!!!!|
|Now that sounds like a typical PPC well. LOL!!!!!!!|
|From what i can find out i think
Petro AP well "PAP.Fr.SM.x-1001"
has produced 75bopd ave overall
Started 32 bopd ave April
150 bopd ave May
20 bopd ave Sept|
“Oil investment”, published by La Nación on 04/04/2014.
The Chinese oil company Petro AP will invest USD 63 million in the deposits of Selva María and Norte of the Province of Formosa. The funds will be destined to exploration works. The Chinese company entered into a Joint Venture agreement with the Provincial oil company REFSA.|
|If built it may come in handy one day for us
In this regard, he added that the company "is making representations to the Secretary of Energy's Office and the company Energía Argentina (Enarsa) to define the feasibility of building a pipeline between Selva María and Engineer Juarez" in formoseño territory.|
|I can see ppc trading up to half Paraguay ownership with new partner covering the drilling. a free carry|
|Ditto here since the major days! Somewhat disallussioned!
|JV with Petro AP for Pirity looks like the way forward. Give them 50% and let them take operator status.|
|Brasso ....totally agree very quiet and volume was tiny....lets just hope that Petro hit , further proving that we have something worth going after , maybe with a farmout like stated at the end of the RNS.
Still ever hopefull that we can get back on the right track here......|
|Quite sad that there was such little discussion on the back of a detailed RNS. Sentiment at rock bottom again here!|
|More hopes and dreams but still no production.|
|Regarding Selva Maria, refer back to my posts 11527, 11528 and 11529.|
|Will I get my 5p|
|When is newsflow expected|
|Chopper Harris - after all this time doubting you, I am beginning to believe you are correct.|
|Come on PPC. Lets have the US and Argentina workover news...|
You've been around this company for a long time. Do you honestly think that any oil and gas will be flowing from this well by this time next year?
I think that DP1002 is destined to join those other PPC "successes" which will always be regarded as being "successes" without actually being successes.....if you get my drift.|
|Will the rig come back this year? Thought we would be at 5p by now.|
|Does anyone think there is any mileage in the insurance that was taken out for this drill?
What the result of this could be?
|WTI now above $51. The 2 year chart looks like a reverse H & S formation with a break upwards to $60 likely.
It would be good to get a detailed update on EWL/ ELV next week.|
|"Correction to detail given earlier which was pasted from Company Web site. Correction is data from Annual report which gives ”Substantial Shareholders as at 1 May 2016, the latest practicable date prior to the publication of this report, the following interests appeared in the register”. Note by my arithmetic this adds up to over 100% it is cut and pasted from report because it shows a partial breakdown of the larger holdings..
Lynchwood Nominees Limited____170,155,315 32.39%
Vidacos Nominees Limited_______88,759,212 16.90%
Mineworkers Pension Scheme /Chase GIS/ Nominees Limited
Chase Nominees Limited_________21,306,318 _4.06%
Included in the above, the Company has been advised of the following beneficial holdings.
PLLG Investments Limited__________________23.19%
International Finance Corporation_________14.16%
Percentages are based on the issued share capital at the date of notification.
The PLLG Investments Limited (PLLGI) shareholding shown above is inclusive of the following beneficial interests: Peter Levine 121,834,586|
You are counting PL investment twice to come up with your 20% free float
ie by using your logic the free float would be 40%|