Regal Petroleum Share Discussion Threads

[soggy] 03/1/2014 07:58

How the hell do they start an RNS like that with the words "is pleased to..." what planet are they on?

If truth to be told, I've effectively written this off, having come in at 90p (yes, I'm that stupid!)

But I can't see this limping on with business (that which we laughingly call business) as usual.

I suspect we'll hit new lows today... pity.

[j drama] 03/1/2014 07:16

Well that's it SV-53 fraccing didn't work.
So what now?
No announcement about any new wells for 2014 (then again last year was announced in Feb).
No mention of lower gas prices.
Continuing failure to improve any flow rates or stop water ingress.

My prediction for 2014 is for Energees to give up & sell out.
Either that or do some sort of deal to get someone in who knows what they are doing!

So long as they sell out for more than 38p I'll be happy to just get my money back.

[scorpione] 30/12/2013 18:48

agreed n13518; such news will hopefully make it all worthwhile in 2014 and beyond.

[n13518] 30/12/2013 17:35

Scorpione, thanks. We need some fracking news in 2014.

[buy and hold] 30/12/2013 17:10

Beeksy, I suppose (hope) to change the figure '' I love spuds'' with something to look more like fracking? (I don't know what should be!) for a productive 2014!
I believe you understand what I mean...
Happy new year for all and special for wretch Regal's shareholders ,awaiting a new begining so long time with big patience(?)!

[jack jebb] 30/12/2013 16:42

it does imply that Regal have some shady shareholders, which is no surprise.

[jack jebb] 30/12/2013 16:41

Pretty much as Scorpione says, N.

I read it in the actual paper, so cant paste it. (Yes, some people still buy real newspapers:-)

[scorpione] 30/12/2013 16:19

Nothing to do with the company itself; in fact RPT has been instrumental in trying to shed light on the murky transactions at the time of the partial takeover a couple of years back. They want to establish who exactly their shareholders are; Sunday Times was criticing the FCA and Takeover Panel for lack of response (thus far) on the matter. That's all!

[n13518] 30/12/2013 15:39

Jack Jebb are you able to paste this article? thanks

[jack jebb] 30/12/2013 12:31

RPT had a big mention in the Sunday Times yesterday. It didn't cast it in a good light.

[buy and hold] 23/12/2013 17:25

Marry Christmas to all and I hope 2014 will be more interesting than 2013...! for Regal shareholders?

[j drama] 19/12/2013 21:46

Interesting 1.030m pre open trade today (late from yesterday) what's that all about?

Nearly 3 months since the last update, no wonder the share price is falling again.
Production fallen again?
Reaction to lower gas prices?
Has the fraccing program actually started?

No sign of any good news, what a difference 12 months makes!

[deanroberthunt] 19/12/2013 18:53

unglaublich.

[j drama] 18/12/2013 10:20

It's pretty obvious that Russia uses the gas price to get what it wants from the Ukraine, any change in government or move towards the EU & the gas price will shoot back up again.

[j drama] 18/12/2013 10:15

'The conditions of the loan were not disclosed. Mr Putin said the drop of about 33 per cent in the price of gas might be temporary'

'Ukraine pays about $US400 per thousand cubic metres of gas, one of the highest prices in Europe, and is contractually obliged to buy a minimum amount. On Tuesday, Mr Putin cut the price to $US268.50. It was not clear whether the minimum stays in place. The $US15 billion loan, denominated in euros, comes from Russia's rainy-day fund.'

hxxp://m.smh.com.au/world/russia-ukraine-sign-16b-deal-20131218-hv679.html

[j drama] 18/12/2013 10:03

It would be good to get some good news for a change rather than this endless bad news!

[jam2day] 17/12/2013 18:01

more on the above:-

[llamarama] 17/12/2013 15:53

UA Gas price reduced by 33% according to Putin;

hxxp://lenta.ru/news/2013/12/17/naftogaz/