Ruspetro Share Discussion Threads

[riseup2] 23/4/2013 14:33

I'm very happy with the recent rise, especially without any concrete news, once we do get a positive RNS one can only imagine where the price will go:)

11mel - you do have a point, however to put it in perspective the share only went in the downward direction since January, from 85p all the way down to 13p in just a few months, so the recent rise is only a recovery of what was an oversold share. I myself have only recently come back in profit.. and hope this will go back to 85p in the coming few months. Good luck everyone! very quiet on here these days;)

[11mel] 23/4/2013 13:09

im not in this share due to too much debt , was on my radar at 30p, sorry i didn't get in, but beware a share that rises 50% within a few weeks can easily fall just as quickly, good look to those who got in early.

[meijiman] 22/4/2013 15:16

the share price seems to be further improving even without hard news on the (re) financing. Hopefully discussions on this are proceeding. Maybe at same time some institutions are becoming more convinced as to the longer term viability of the company.

[riseup2] 22/4/2013 15:15

A lot of volume today and nice rise, finally after a lot of patience I'm in profit! so tempted to bank the profit but I am confident on some good news soon which will really make the share price rocket.

[jammytass] 19/4/2013 16:24

large rise on the cards"""!!!!!

[riseup2] 19/4/2013 13:02

The AU flag has come up, and currently the bid is more than the offer, is that when the AU flag is triggered?

[riseup2] 17/4/2013 21:57

"One outstanding objective is to restructure our debt and extend its maturity. The Company is currently in discussions with Sberbank. Sberbank is our major creditor and we have a long and productive relationship with the bank and are therefore confident that we will reach a resolution in the near future."

Lets hope news on financing real soon... everything else in the AGM statement is the usual upbeat stuff, we really need the financing sorted for some confidence to return, we need real results, not all talk and hype :)

[crosswire] 16/4/2013 09:25

Despite the bleak note, Ruspetro's proven reserves increased 35 per cent over the year to 234m barrels, including a 32m barrel increase in oil and 29m barrel jump in gas reserves.Production jumped 81 per cent over the year to 4,639 barrels of oil equivalent a day, although it fell way short of its 10,400 barrels a day target.---------------------------Wonder if production has increased from 4,639.Will know tomorrow from chairman's statement!

[trymybest] 16/4/2013 06:58

Well they will either extend financing or someone will takeover this company too many reserves 5 years time top share IMHO

[crosswire] 16/4/2013 06:57

AGM + update tomorrow!

[riseup2] 15/4/2013 19:13

RBC Capital Markets 08/01/2013
Reiterates previous target 275.00
New Target 125.00
Share price 68.00

Few months later new target is 50. hmmmmm

[crosswire] 15/4/2013 18:37

15 Apr
RBC Capital Markets
Sector Performer 33.75p - current
Target 50.00p Reiterates

[riseup2] 15/4/2013 10:57

Good to know RPO announced the presentation. Didn't have to, I can imagine a steady stream of news with the directors backing. May go down in short term but I will be topping up on the basis that bad news is out of the way and some good news in the pipeline. Risk/Reward ratio in my opinion has been reduced significantly.

RPO may not deliver in the long run however I believe good money to be made in the meantime, and if they deliver then ALOT of money to be made:)

[woodcutter] 15/4/2013 08:51

TMB

I've been following it too and i've come to the conclusion that:



apologies............ link already posted

Pro's lots of oil/gas and great potential.
Con's insufficient funds to develop the potential.

Woody

[trymybest] 14/4/2013 21:09

Interested in this share read thru numerous posts any shortened version of pros and cons pls ??

[crosswire] 12/4/2013 15:23

Apr 15, 2013
RusPetro Plc at Bank of America Merrill Lynch Oil & Gas 1-1 Investor Forum

[crosswire] 12/4/2013 14:38

Company is considering various strategic options to bridge the gap between fundamental and
market valuation

Page 31

(1) Market Enterprise Value as of 8 April 2013; : $500m

Fundamental value (2) Based on audited D&M reserves valuation : 2p reserves: $10,437 mn




Value Gap: Market EV and 1P - c.$600mn
Value Gap: Market EV and 2P c.$9,900mn
(1) (2) (2)
(1) Mark



• At current production level of c.1.6mn cubic meters of gas per day, we have the potential to generate c.$35mn revenue annually from dry gas sales and an additional c.$30mn annually from the sale of associated products (LPG)

• The field has the potential to produce 1.5bcm per year once the GTF is operational

• This implies c.$90mn revenue from dry gas sales and c.$80mn from the sale of associated product annually

[crosswire] 12/4/2013 11:50

Meeting for analysts, Today!!


Don Wolcott, chief executive, commented:

"Over the course of the year we have faced some significant challenges. We are clearly disappointed not to have met our production targets to date but we have implemented a number of initiatives which have had a beneficial impact on the business and led to a positive EBITDA in the final quarter. While the development of our field is at an early stage, we have successfully increased our proved reserves base and are developing a significant gas business validated by the recent signature of an Agreement of Intent to supply dry gas with an expected sales value of USD $700million over the period of the Agreement. We are currently developing a plan to build production and we are working with our lender to arrange the required financing."






For analysts and investors

The Company will host a meeting for analysts on 12 April 2013.

[darcon] 10/4/2013 19:17

Don777,

RPO is not AIM, its on the premium list.

In RPO's case they are currently burning more boepd of APG, which is stranded than JKX are producing. The gas wasn't factored into valuations before (see 31 Dec 2012 reserves report) but it is now and the company said in one of the recent RNSs that its worth approx USD 700 million in future cash flows. Of course, those cash-flows will still need to be discounted and set against the cash outflows to connect the gas to a customer, but still its likely to be worth something.

And then there is the condensate which generates higher netbacks for the company. Maybe the Directors believe the problems with the condensate production can also be sorted.

However, it's certainly not one for widows and orphans.

[ntbb] 10/4/2013 15:21

this is another massive buy at this rate they will be buying all the shares on open market



Director's dealing in shares

London, 10 April: The Company was informed on 10 April 2013 that Mr. Alexander Chistyakov, Executive Director, has purchased the following number of ordinary shares of 10p each in the Company:
-- 900,000 ordinary shares at a price of 29.90p per share; and
-- 243,249 ordinary shares at a price of 29.96p per share; Total number of shares purchased: 1,143,249


Following these transactions, Mr. Chistyakov will hold a total of 57,251,475 shares in Ruspetro representing 17.17% of the Company's issued share capital.

[don777] 10/4/2013 12:38

those directors buy reminds me another Russian AIM one, PTR, maybe most of you held/heard before, that there were lots of director bought quite a lot at 35P about 2 years ago, it stopped the share price drop a while, then carrying on dropping, it's 3.5P today.

[m w] 10/4/2013 11:59

the market not thick just people that lose money in it,