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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Pennpetro Energy Plc | PPP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 2.65 | 38.13% | 9.60 | 16:28:43 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 7.25 | 7.00 | 10.65 | 9.60 | 6.95 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 25/7/2024 17:21 by deltalo I top sliced here and also hold upl, Same scenario and upl is about to be rewarded the license agreement with the government, Hold both as their the to companies to be in right now, head up to my fellow investors. Big giveaway in this media speculation update. Good wealth to us all. |
Posted at 22/7/2024 23:14 by deltalo Still haven't answered the question, why would they dilute?there's good one's and bad, I made 40k from 5k in HE-1, from 0.28. Not my credit but Neil777, he drew my attention to it that morning of the news. Sometimes it is to good to be true and investors get left behind . This is good, and it is true. Gl anyway. |
Posted at 18/7/2024 10:27 by talais 42 mil held by investors, so traded the full amount, mental |
Posted at 18/7/2024 08:10 by talais Investors hold 42% of the shares in issue, |
Posted at 17/7/2024 16:29 by pirates4 Should be on investors radar tomorrow. Top on leader board good luck all. |
Posted at 17/7/2024 15:17 by pirates4 Investing in royalty income can provide long-term returns to investors seeking to fund retirement or diversify a portfolio beyond stocks and fixed-income securities. Owning rights to royalties provides a steady income that tends to be insulated from fluctuations in the equity and bond markets.13 May 2024Clip form the web. |
Posted at 11/12/2023 12:55 by purple11 Analyst CommentToday 11:54Pennpetro Energy (PPPP.L, 2.2p, £2m) PPPP said that the (previously announced) workover rig for the Chalk Talk 4H well in Texas has arrived in the field. This is earlier than expected, meaning work can get underway sooner. Investors will be interested to see what impact the workover will have on flowrates. In a separate RNS, PPPP indicated that the (previously announced) farm-in to the UK Oil & Gas (UKOGA.L, 0.03p, £6m) Horse Hill oil field in the UK (once known as the Gatwick Gusher) has been extended to 30 June 2024, which gives PPPP more time to earn in through funding acquisition of new 3D seismic over the field and the cost of a new crestal infill well (HH-3). On completion of this well, PPPP will receive a 49% share of all production derived from HH-3 and future wells plus a 49% WI in the field. With PPPP having limited cash resources to spend outside of Texas, this extension will give them some time to generate some FCF from production to cover costs in UK. Planning permission for the seismic and well could still derail the timetable. |
Posted at 05/12/2023 18:37 by z1co Pennpetro Energy’s Chalk Talk Well in Texas Experiences Impressive Month of ProductionByManuel Alejandro De la Torre DEC 5, 2023 Summary: Pennpetro Energy’s Chalk Talk Well in Texas has recorded an impressive month of oil and natural gas production. This has generated significant interest in the energy industry, as it demonstrates the potential of the Texas region for extracting energy resources. The Chalk Talk Well, located in Texas and operated by Pennpetro Energy, has experienced a significant increase in production over the past month. Reports indicate a 20% increase in the extraction of oil and natural gas, which has generated palpable excitement in the energy industry. This news is a clear indication of the potential oil and natural gas reserves found in the Texas region and its viability as a major energy source in the future. This impressive increase in production at the Chalk Talk Well has been made possible through investments in technology and advancements in extraction techniques. Pennpetro Energy has implemented new technologies that have allowed for more efficient and cost-effective extraction of energy resources. These industry innovations have led to a steady increase in production and have generated growing interest from both investors and companies in the sector. The Chalk Talk Well is located in an area rich in high-quality oil and natural gas deposits. This has allowed Pennpetro Energy to achieve exceptional performance from its well, surpassing market expectations. The company has been able to maintain a consistent and reliable level of production, resulting in a positive impact on its earnings and the energy sector as a whole. Frequently Asked Questions: What is the Chalk Talk Well? The Chalk Talk Well is an oil and natural gas extraction facility operated by Pennpetro Energy in Texas. It is located in an area rich in high-quality deposits and has demonstrated impressive production performance. Why is the increase in production at the Chalk Talk Well important? The increase in production at the Chalk Talk Well is important because it demonstrates the potential of the Texas region for oil and natural gas extraction. Additionally, it has a positive impact on the energy industry, generating jobs and increasing the availability of energy resources. What technologies has Pennpetro Energy used to increase production at the Chalk Talk Well? Pennpetro Energy has implemented new technologies at the Chalk Talk Well that have allowed for more efficient and cost-effective extraction of oil and natural gas. These technologies include hydraulic fracturing methods, real-time monitoring, and improvements in extraction logistics. |
Posted at 24/11/2023 09:35 by z1co Pennpetro Energy boosted by ‘excellent&rsqPublished: 08:57 21 Nov 2023 Pennpetro Energy PLC (LON:PPP) shares rose sharply in early deals, before cooling, as the company told investors that recently completed well optimization in Texas has boosted output. Oil production from the Chalk Talk #1H well more than doubled in the past week of testing, with the rate rising to 248 barrels of oil per day (bopd) since Wednesday – up from 113 bopd in the prior week. The well has been undergoing testing for 20 days and in that time has yielded a total of 3,184 bopd with the daily rate averaging 159 bopd over the test period. "The results of the oil production from our CT1H well test are excellent,” said chief executive Tom Evans. “We continue to optimize the performance of this well some 20 days into testing. “We are still seeing a generally increasing trend in our daily oil production, which is certainly highly encouraging. Extended well testing continues." In London, PennPetro shares changed hands at 1.97p, up 1% - having initially climbed to 2.15p in opening trade. |
Posted at 08/6/2023 22:55 by clivee1 Gut feeling is that many US investors are buying back on PPP |
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