We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Regal Petroleum Plc | LSE:RPT | London | Ordinary Share | GB0031775819 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.325 | 14.75 | 15.90 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
13/8/2014 07:54 | Post 3 times examples of where I have been wrong | buywell2 | |
13/8/2014 07:51 | buywell trolls all over advfn, on several dozen, possibly hundreds of threads, suggesting doom and gloom for the particular thread he posts on. He then revisits a few weeks later and if he is right, reposts his initial vacuous comment, and if he is wrong, as he usually is, says nothing and crawls back under the sewer from whence he came. | andy pipkin | |
13/8/2014 07:38 | buywell2 4 Jun'14 - 17:26 - 14188 of 14208 0 0 edit buywell2 29 Apr'14 - 18:03 - 14177 of 14187 0 0 edit Relentless decline here chartwise buywell2 4 Apr'14 - 11:47 - 14162 of 14176 0 0 edit How much cash left now ? SP down 60% since I posted this buywell2 6 Sep'13 - 07:36 - 13912 of 14131 edit Will the next stage be administration ? | buywell2 | |
13/8/2014 06:43 | Bounce back from 5.0p ? | stonefold | |
11/8/2014 23:05 | BUST soon. | travls | |
08/8/2014 08:01 | Regarding that article, the lazy fruitcake that wrote it couldn't be bothered to spend five minutes looking for a map that showed: The three basins in Ukraine Or the possible shale areas in Ukraine Or the fields belonging to Burisma Holdings Either of which would have been relevant to the story. Instead he just used a map of Cadogan's conventional fields. | stonefold | |
08/8/2014 07:25 | Try LGO,it is in a safe area of the world,Trinidad and it is about to have explosive income growth when 4 new wells come onto production in 5 or 6 weeks.Worth DYOR on LGO as its production is about to go from 700 bopd to 2000 bopd and it is only at the start of a 30 well campaign.So far 4 wells have been drilled with everyone one striking large amounts of oil at 3 zone levels. | 12bn | |
05/8/2014 11:11 | Ukraine's tax hike hits independent operators Cub Energy, JKX and Regal Petroleum 05 Aug 2014 inShare 1 Print this Article Mikhail Afendikov CEO Cub Energy Mikhail Afendikov CEO Cub Energy As the crisis in Ukraine continues to fester, with ongoing clashes in the east of the country and Washington and the EU ratcheting up the pressure on Moscow with targeted sanctions against banks, oil companies and Putin-friendly oligarchs, those companies with investments in the country are starting to feel the heat. Shell, for example, which has multi-billion dollar shale gas investments in Ukraine, has declared force majeure on an exploration project close to where flight MH17 crashed. And now, with its economy under pressure, an emergency hike in Ukrainian production taxes is prompting other operators to consider their investment exposure. Last week Ukraine's President Petro Poroshenko signed a new law temporarily increasing royalties on natural gas production to 55 per cent , up from 28 per cent, through to December 31, 2014. After this five month period, the royalty rates will return to 28 per cent. The new law will also see new wells drilled and put into production after August 1 2014 carry a royalty rate of 30.25 per cent this will apply for new wells for the next two years. For Houston-based Cub Energy, which is listed on the TSX Venture Exchange, these changes could mean a 50 per cent reduction in netbacks for the next five months. For a company that has been proud of its low overhead and high netbacks, this change could see a reduced work programme for the rest of 2014. "We understand the economic difficulties that Ukraine is facing and, while we are disappointed with the temporary royalty increase, we will comply," said Cub's Ukrainian chairman and CEO Mikhail Afendikov. "However, given that this will reduce our netbacks and resulting cash flow for the next five months, we will be re-evaluating our work programs for the remainder of 2014 to preserve our capital options." London-listed JKX has been active in Ukraine for more than a decade and has weathered many difficulties to build a production business with output of roughly 5,000 boepd, saw its shares, already under pressure, tumble nine per cent to 36.5 pence on news of the tax hike. The company said it is now "evaluating the impact on its ongoing investment programme carefully, and will be taking operational and financial measures to protect the interests of the company and its shareholders". Shares in Regal Petroleum also fell almost 10 per cent on the news to a 52-week low of 6.88 pence on news of the fiscal changes. The AIM-quoted company said it was too early to determine the full impact of the increases but does expect to incur a near-doubling in production based taxes. This will, said the company, "negatively impact the company's results for the current financial year and delay the company's ability to commit to future capital investments in Ukraine during this uncertain period". This isn't good news for shareholders. Nor, in the long term, is it good for Ukraine's investment case. | jam2day | |
05/8/2014 07:03 | CADOGAN PETROLEUM PLC Cadogan Operations Update The Company has noted that the Ukrainian Government last week passed emergency budget legislation increasing production taxes for the oil and gas industry for the period 1 August 2014 to 31 December 2014. Tax on gas production from horizons shallower than 5,000m increases to 55 per cent, for those deeper than 5,000m it increases to 28 per cent (from 28 per cent and 15 per cent respectively). Tax on oil production from horizons shallower than 5,000m increases to 45 per cent (previously 39 per cent), for those deeper than 5,000m it increases to 21 per cent (previously 18 per cent). For gas wells put on stream after 1 August 2014, a coefficient of 0.55 will be applied against the rates for the first 2 years of production. The Company believes that at current production levels, given its current cash position of $47.0 million (excluding $1.0 million of the Group's share of cash and cash equivalent in joint ventures and excluding $5.0 million of yield-generating fixed income investments), the increase in rates until 31 December 2014 will not have a material effect on the Group's financial position, operations or work programme. The Board of Cadogan will continue to evaluate the impact of the changing fiscal environment and take such operational and financial measures as it may consider necessary to protect the interests of the Company and its shareholders. Further to the Company's operations update dated 15 May 2014, Cadogan now expects a slight delay for commencing drilling its first well in Debeslavetaska to November 2014 (previously late September), due to reverification of the drilling coordinates. | j drama | |
01/8/2014 16:10 | And there it is! | officerdigby | |
31/7/2014 15:15 | JD, Do not think that will happen-more likely that Boris spins those big wheels and turns off the Russian gas pipelines.Any domestic gas suppliers would start any planned work overs production shut ins with the introduction of increased taxes just when the country needs increased domestic investment and production. Any news re other companies fraccing results as some of the big boys had started that process? | jam2day | |
31/7/2014 13:00 | More bad news (source FT Alpha today) PM here's a note from last week - this over states things. But the actual law just passed in Kiev still looks very negative to JKX PM Concorde Capital July 22, 2014 PM The Ukrainian government submitted to parliament on July 21 amendments to Ukraine's tax code that would significantly increase royalty payments for private producers of natural gas. The proposal calls for boosting royalties for firms that sell gas to industrial producers to 70 percent of the regulated gas price (UAH 4,724/tcm, or USD 406/tcm, based on the current exchange rate). The current legislation stipulates the royalty payment at 28% (or 15% for those firms extracting gas from wells deeper than 5 km) of the price of imported gas (USD 282/tcm in June). If the draft becomes law, private gas producers will have to pay USD 284/tcm in royalties, up from USD 79/tcm they had to pay in June. PM Alexander Paraschiy: The amendment, if approved by parliament, will surely ruin the attractiveness of gas production in Ukraine. The net positive effect for the state budget from such an initiative would be close to UAH 8 bln annualized, but it will be short-lived. It will also lead to a significant decrease in gas output by private producers. Note that gas output by private firms increased 33% yoy in 1H14, while output by state firms (which are restricted to low, regulated gas rates) fell 2.5% yoy. Since the initiative contradicts the government's strategy of energy self-sufficiency, there is a chance that parliament will reject it. If approved, the legislative initiative will cause a dramatic deterioration in the operating profit of Ukraine's listed gas production companies: Serinus Energy (SEN PW), JKX Oil & Gas (JKX LN), Regal Petroleum (RPT LN) and Cadogan Petroleum (CAD LN). PM to repeat, I'm told that over states the impact. PM The royalty hit to JKX will rise from 28% to 55%, im told PM if you can read Ukranian, read this PM hxxp://w1.c1.rada....o PM one to watch | j drama | |
23/7/2014 15:50 | How do you short this? | acta_topup | |
08/7/2014 01:13 | I doubt it, the main issue here is the poor operational performance not the political background (for a change). | j drama | |
07/7/2014 14:24 | bought some today... the operations update was a good one actually.. cash they must imo have around $15m-$20m if the civil war comes to an end then a massive re rating could be on the cards here. | wantmorethan24p | |
02/7/2014 06:49 | Which probably means it's time to buy :-) | jack jebb | |
02/7/2014 06:49 | Probably because very few would touch this with a barge pole anymore | jack jebb | |
02/7/2014 00:19 | Production actually went up!!!!!!! 1,387 boepd average, up from 1,341 boepd. That has to be the first time it's not declined since Energees too over managing operations? New well MEX-109 still not spud. Further work over issues, some things never change. Surprised at absolutely no reaction to update. | j drama | |
10/6/2014 17:50 | The end is nigh................ | killieboy | |
04/6/2014 17:26 | buywell2 29 Apr'14 - 18:03 - 14177 of 14187 0 0 edit Relentless decline here chartwise buywell2 4 Apr'14 - 11:47 - 14162 of 14176 0 0 edit How much cash left now ? share price down 60% since I posted this buywell2 6 Sep'13 - 07:36 - 13912 of 14131 edit Will the next stage be administration ? | buywell2 | |
04/6/2014 16:33 | Braves amongst us would consider buying at these prices but you need to some guts to do it. I haven't and no confidence in the management. | n13518 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions