ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

PELE Petrolatina

19.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petrolatina LSE:PELE London Ordinary Share GB00B2QMZ536 ORD USD0.10
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 19.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 19.50 GBX

Petrolatina Energy (PELE) Latest News

Real-Time news about Petrolatina (London Stock Exchange): 0 recent articles

Petrolatina Energy (PELE) Discussions and Chat

Petrolatina Energy (PELE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Petrolatina Energy (PELE) Top Chat Posts

Top Posts
Posted at 01/3/2020 17:49 by brasso3
I am older and wiser than the TAG/ PELE days.

I think you used to also post on www.thisismoney.co.uk?

If so you will remember Papalpowers other alias; Sterlingjess. :)
Posted at 29/2/2020 21:11 by brasso3
thwarnts

Please do not bring up the painful memories of TAG/ PELE!
Posted at 07/8/2016 08:47 by heliweli
3.71 per share.(dollars)
Posted at 04/7/2016 13:49 by don777
they might have some debt to pay off, but i think we might have more than 100P per share left for us.
Posted at 01/7/2016 16:59 by the vogon
Anyone else still here? I see there is now a takeover at $500m +. Equates I think to about $3 per share. I held on so I hope my reading is right !
hxxp://www.streetinsider.com/dr/news.php?id=11793398
Posted at 27/2/2012 12:06 by moreforus
lol they ARE THE BUYER..

chill out people!


Holding(s) in Company
Print
Alert
TIDMPELE

RNS Number : 1844Y

Petrolatina Energy PLC

27 February 2012

27 February 2012

PetroLatina Energy Plc

("PetroLatina" or the "Company")

Holdings in Company/PDMR Shareholdings

Purchases under the Third-Party Trading Facility

PetroLatina (AIM: PELE), the independent oil and gas exploration, development and production company focused on Latin America, announces that it was today notified that further to the establishment of the Third-Party Trading Facility operated by Optiva Securities Limited on behalf of Tribeca Oil & Gas Inc ("TOGI") and Rorick Ventures Group Inc ("Rorick"), as announced on 16 February 2012, TOGI has, on 24 February 2012, purchased a total of 1,286,233 ordinary shares of US$0.10 each in the Company ("Ordinary Shares") and Rorick has purchased on the same date a total of 629,515 Ordinary Shares, all at a price of 19.5 pence per Ordinary Share.

Following the abovementioned purchases: (i) the Tribeca Group is now collectively interested, in aggregate, in 77,702,258 Ordinary Shares representing approximately 63.89 per cent. of the Company's issued ordinary share capital, and (ii) the JCR Group is now collectively interested, in aggregate, in 13,651,144 Ordinary Shares, representing approximately 11.22 per cent. of the Company's issued ordinary share capital. Accordingly, the Tribeca Group and the JCR Group now collectively represent, in aggregate, approximately 75.11 per cent. of the Company's issued ordinary share capital. In addition, the Tribeca Group holds warrants over a further 32,308 Ordinary Shares and the JCR Group holds options over a further 1,000,000 Ordinary Shares.

Unless the context otherwise requires, defined terms used in this announcement shall have the meanings given to them in the Circular posted to shareholders on 16 February 2012, which is available to download from the Company's website at www.petrolatinaenergy.com.

Enquiries:



PetroLatina Energy Plc
Juan Carlos Rodriguez, Chief Executive Officer Tel: +57 1627 8435
Pawan Sharma, Executive Vice President - Corporate Tel: +44 (0)20 7766
Affairs & CFO 0081

Strand Hanson Limited
Simon Raggett/Matthew Chandler Tel: +44 (0)20 7409
3494

FTI Consulting
Ben Brewerton/Chris Welsh Tel: +44 (0)20 7831
3113

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAFAXASNAEFF
Posted at 26/2/2012 11:06 by moreforus
It's wrong ...


As at the close of business on 15 February 2012, the Company's Minority Shareholders held, in aggregate, 22,547,496 Ordinary Shares (representing approximately 18.54 per cent. of the Company's issued ordinary share capital).

Under this Third-Party Trading Facility, Minority Shareholders are invited to leave an instruction (a "Sale Notice") with Optiva, as the Third-Party Trading Facility provider, as soon as possible, that they are prepared to sell their Ordinary Shares to TOGI and Rorick at a set price in cash of 19.5 pence per Ordinary Share. This price represents a 23.12 per cent. premium to the volume weighted average Closing Price of 15.84 pence per Ordinary Share for the six months up to and including 15 February 2012, being the last Business Day prior to the date of this announcement.
Posted at 25/1/2012 19:32 by rizzzla
nothing has happened since ?

a $15 million farm in for 85% is not enhancement then.
giving the remaining 15% a value to pele of around $2.5 million

at least 10p of the current share price is in cash
Posted at 06/11/2011 15:58 by rizzzla
It's been a tough 12 months for holders of Pele. when they were on the
slide which continued right down to 13p. At the time I wrote that it felt to me that this had been overcooked. Basically the Colon3 well hadn't come in as most had thought however Petrolatina are not a one well outfit they have many producing assets in Columbia and recently released a healthy set of Interims in September of this year.• Revenues increased by 51% to US$14.5 million (2010: US$9.6 million) while Gross profit increased significantly to US$10.6 million* (2010: US$6.5 million*) now even though these figures are excellent the market at the time just failed to respond and the share price carried on sliding. The slide wasn't a reflection of company performance it was a reflection of Global market fear. All company's regardless of how well they have or are performing have been infected with this fear. The news today bodes very well for the company with a cash injection of $15 million dollars the share price has began to surge. Currently up 19%. I spoke to a few chins this morning who are well-connected they expect a 35/40% plus rise on low volume buying alone today. Now that's just an opinion from two of the many out there. Why should it be likely to end up over 35% today? Well if you research back and take some of the Nav predictions Pele at 20p are still a two-fold increase away from Net Asset Value. Todays $15 million dollars obviously increases the Nav while the tie up with a Multi-National will increase confidence significantly. This cash should now under-pin the company drilling campaign. It's going to be an interesting few days here for Petrolatina just where they will settle next week is the big question but in a market that is riddled with fear Petrolatinas' ANH Approval of the Farm-out Agreement re' the VMM-28 Exploration Block should go a long way in bringing back some much-needed confidence. And confidence, when World markets are in turmoil, drives stock-values upwards
Posted at 19/10/2011 16:33 by moneybags13
Once again, how much lower can this company's share price drop.
If I were Shell,I would drop out of the agreement, add a couple of extra quid and buy the whole company. At current share price we are valued at £12.3 million, nonsense.
Has anybody got any idea as to what our current BODs are doing????
Petrolatina Energy share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock