Pennpetro Energy Share Discussion Threads

[nigoil] 04/3/2024 17:21

You desperately need an update bad gateway to kick-start this dog of a share!.... Woof woof

Where's purple11 PPP best known ramper?.... In hiding by any chance?..... He should be ashamed of himself!

Simples!...... :-)

[wrtmf] 04/3/2024 17:16

rsi 3.5-4
mcap 1.35m

[wrtmf] 04/3/2024 08:29

found this post on another bb, may explain the short bursts of trades posted about previously, its not the whole post, just the most relevant to here

--
luckyabbeygale 1 Mar '24 - 22:19
Tia01,
I am down 40K on my shares overall. I was shafted by over ten different ones within the last 4 weeks. The best ones I cut losses on was HEMO at 3p and is now 2p, HZM at 9.5p and is now 3.5p. VAST at 0.085p and now about 0.060p. PPP at 1.9p and now 1.4p.

Oriole at least saved me from loosing on them ones.

In the end I sold nearly every stock for Oriole, because it helped stop the share price from falling that would of crushed my spread bet.

[purple11] 04/3/2024 08:02

not updating the market shows complete contempt for shareholders.

[bad gateway] 04/3/2024 07:11

Well its a new weak now Nigoil. You never know we may get an update. lol

[nigoil] 03/3/2024 18:00

Wow great tip purple11.... LOL

1.4p = car crash!...... LOL

Great tipster purple11!... LOL

88e is the kiddy!

Simples!...... :-)

[wrtmf] 01/3/2024 14:57

no probs!
fingers x'd for news here in the next week or so

the monthly payments, 2x well flow numbers, the rig status...

[charting, rsi is sitting 4 to 5]

[bad gateway] 01/3/2024 14:47

Thanks wrtmf and please don't think I've retracted the apology I was just worried I was still getting it wrong.

[wrtmf] 01/3/2024 14:29

wti crude creeping towards $80/b, they claim the operation is viable at circa $30/b

i wish i could remember where a reference was made to $5/b premium for supplying a heavier oil to mix with light crude

[wrtmf] 01/3/2024 14:20

yes, i was addressing you, but referring to lenigas
apologies for not starting with 'hi bad gateway' or similar to make it clearer

i have edited my post above in light of your apology - 168

[wrtmf] 01/3/2024 14:12

my last post on the topic

'he clearly' refers to lenigas, not to you
beyond that you've got me confused

[bad gateway] 01/3/2024 13:55

Seems we're both on the same page now in that he was just being clever with words but you really did change my post completely
This was my post 152..

bad gateway [post 152]
"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?"

and in your post 163 you "quoted" me as saying..

bad gateway [post 152]
i've just re-watched the vid link in the header, he clearly says 'i would like to see anything from 15-20 workovers back in our books'


Next time just copy and paste perhaps rather than trying to use your memory?

[wrtmf] 01/3/2024 13:38

here's the conversation:

wrtmf27 Feb '24 - 08:33 - 151 of 165
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


bad gateway27 Feb '24 - 08:36 - 152 of 165
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?


wrtmf27 Feb '24 - 09:03 - 153 of 165
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?

--
i got nothing to gain by misrepresenting your posts
you disagreed with my original point about pie in the sky
i rewatched the twitter segment this morning and its clear what he says and it is pie in the sky unless they get one heck of a move on! [and they'd need 2-3 rigs]

the link is in the header - 'i would like to see anything from 15-20 workovers back in our books' [lenigas]

'well after
well after
well'

[bad gateway] 01/3/2024 12:37

On that subject its March now and still no update from last year's workovers. Not full of confidence leni will manage to successfully finish those this year yet let alone start another.

[bad gateway] 01/3/2024 12:34

Thats not what I posted that's a part of it taken out of context and altered wrtmf???

Why did you remove the brackets and leave off the part where I was suggesting "on the books" might not mean a lot?

bad gateway [post 152]
"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] 01/3/2024 11:24

bad gateway [post 152]
i've just re-watched the vid link in the header, he clearly says 'i would like to see anything from 15-20 workovers back in our books'

i think cogh1 and wsh5 + 5, would be a very good result for 2024

[purple11] 01/3/2024 10:42

great call by zico

a man that knows what hes talking about!

[wrtmf] 01/3/2024 10:31

mcap £1.4m

[kemche] 01/3/2024 10:00

I continue to average down.

[wrtmf] 01/3/2024 09:36

mcap £1.45m

20dec $255k net income [1 well]
20jan $255k net income? [2 wells]
20feb $255k net income? [2 wells]
20mar $255k net income? [2 wells]

if no bad news by 11mar targeting another top up

wti crude $79/b this morning

many ftse/aim companies would welcome $100k-200k/m income, but over 2 months since a meaningful update, hence caution required

[wrtmf] 28/2/2024 07:58

wti crude av price looks higher for feb than for dec, but about the same as nov, jan looks in between

$5 premium for ppp for its heavier oil to mix with lighter crudes? source?

[wrtmf] 27/2/2024 12:40

chart says rsi of 5, one of the lowest i think i've seen on any share