Pennpetro Energy Share Discussion Threads

[kemche] 27/2/2024 12:32

Classic treeshake!

[wrtmf] 27/2/2024 12:18

short burst of trades yest 1406-1410
today, short burst of trades 1144-1145

[wrtmf] 27/2/2024 09:15

28mar23 they started drilling ws1h, which by 5apr was renamed ws5h, completed, never tested.

[wrtmf] 27/2/2024 09:03

not sure, possible ref to an east texas deal that was lined up then put on hold?

can they sort cog1 and ws5h + 1 more by end of june?
that's a good starting point, can they get a rig on to the 3rd well in march?

[bad gateway] 27/2/2024 08:36

He didn't actually say they were going to do 15-20 workovers this year he said they were hoping to put 15-20 "on the books" not quite sure what that means?

[wrtmf] 27/2/2024 08:33

15-20 wells this year was pie in the sky, but
cog-h1 and ws-h5 plus 5 wells could be a very good result

if this goes 1-1.3 on no bad news i might buy a few more

[wrtmf] 26/2/2024 18:13

bring on the bad news after I topped up
lol

[purple11] 26/2/2024 16:09

why didnt they update the market?they have caused panic

[bad gateway] 26/2/2024 15:37

Sad really.
£1.6M marketcap, fairly promising initial workover results late last year and still no one has the confidence to buy into PPP due to a few months of silence.
Couldn't be the Leni effect could it?

[nigoil] 23/2/2024 13:30

What's happened to the PPP sp? purple11 promised us all over on the 88e forum that PPP would be a multi-bagger and suggested we should sell our 88e shares and buy ppp @ 2.3p a few months ago! I'm glad I didn't follow his advice!........LOL

88e is the kiddy!

Simples!.....;-)

[wrtmf] 23/2/2024 13:09

thanks.

80p to sub-2p after 5yrs of plans going pear shaped for one reason or another
i can't get my head round shutting down a well for covid [2020 - biden and co!]

[purple11] 23/2/2024 12:30

yes, with such a small mcap anything could happen

but i would have thought if theyd had good flow rates from the well theyd be in a rush to release the good news.

im holding but halved my stake when 2p broke.

will buy them back if the news is good.gl

[wrtmf] 23/2/2024 09:19

persistent small-ish sells
rsi 10

monthly oil sales income
20dec $255k
20jan ?
20feb ?

mcap £1.71m
bought a few more, anything could happen!

yep, they could stay silent another month...

[kemche] 21/2/2024 12:57

Classic treeshake to let Leni in on the cheap.

[purple11] 21/2/2024 12:42

a great shame. things were looking so promising

[bad gateway] 21/2/2024 12:21

Its a leni stock and he's stopped updating presume the market doesn't see that as a good combination?

[purple11] 21/2/2024 11:48

ppl happy to pile in @2.30 but, as is the way with stocks, noone wants it @1.80......

[wrtmf] 21/2/2024 11:14

fingers x'd we're in the shake before the bake!
gla

[wrtmf] 21/2/2024 09:38

can this break 5p by end of march?
lol, some will be thinking its more likely to break 1p


free stock charts from uk.advfn.com

[z1co] 20/2/2024 12:14

Was thinking the same myself.

No recent tweets

[purple11] 20/2/2024 11:51

lack of newsflow has killed it.

when the hell are they going to release some?

[wrtmf] 20/2/2024 11:20

wti crude averaging about $75/b the last month
has anyone established via comms with company if gas is being sold?

[wrtmf] 19/2/2024 23:35

oil sales payment tomorrow

when did the rig leave ct4h?
when will the rig arrive at cog1?

[wrtmf] 14/2/2024 08:09

z1co
any chance of including the 3 month crude oil wti price in the header plse?
tia