Pennpetro Energy Share Discussion Threads

[kemche] 17/6/2024 11:24

Leni going all in.

GLA LTHers!

[purple11] 01/6/2024 15:45

i sold my 2.30 stock at 1.90 as you know. very well

there is risk here but the upside is a multibagger.

you yourself highlighted the tremendous potential here and that was from 2.30p.

nothing has changed apart from they had some rig issues with one of the wells

[z1co] 01/6/2024 11:26

You like to deramp shares that i own BUT don't like your own medicine.

[z1co] 01/6/2024 11:25

purple the biggest clown on these advfn forums has NOT learned his lesson.

Thicko you've already took a heavy loss from 2.30p to 0.9p , ouchhhhhhh huge loss.

Wake up and face the reality this is only going one way and that's sub 0.5p.

What would you know , you're just a 2 bit CLOWN that keeps losing.

The only money you have recently made is by following me and buying QED.

[purple11] 01/6/2024 10:01

Peel Hunt like the look of it too owning 11% of the company

[purple11] 01/6/2024 09:57

shares can always go down

that is the nature of the Beast

But if good news comes this is a multibagger

(and think of your own names.YOU are the Clown,noone else)

[z1co] 01/6/2024 08:33

purple the clown

Since you like to deramp my shares ( ROQ ) you will get the same from me.

Without good news regarding their wells the shares price will collapse to below 0.5p and the company will soon need to raise further funds , which will most likely be a deep discounted placing.

Peeps are already selling the shares ahead of bad news:

Yesterday only 1 trade of 60,480 , a sell
Wednesday again only 1 trade of 250,000 and that was also a sell.

[purple11] 30/5/2024 15:45

if operationally PPP get something right the rerate could be super from such a paltry base.
are they a hillbilly crew or are they about to master their operations?

happy to be v patient here.

[wrtmf] 28/5/2024 17:26

and they've reduced again
Fri trades all in the buy column
a regular up down pattern

[stockriser] 27/5/2024 07:35

wrtmf - Thanks for that, you're correct they are now 13.03%

[wrtmf] 26/5/2024 12:27

fingers x'd for rig news in the next few weeks
best news would be ct1h and ws5h interventions, back to back

[purple11] 24/5/2024 15:49

This one has SO MUCH potential
their acerage is fully charged

[purple11] 24/5/2024 15:46

added today gla

[wrtmf] 24/5/2024 12:08

looks like 13.03%
was 12.233875 %

[stockriser] 24/5/2024 08:27

Peel Hunt added now 12.23%

[wrtmf] 21/5/2024 08:25

oil sales payment yest/today
currently heading for over $80/b for sales 20jun

[wrtmf] 09/5/2024 09:50

still continue to report different numbers to local regulatory authority

31 days production to 25-4-2024:
1H - 188 barrels per day for 5828
3H SHUT-IN
4H - 50 barrels per day for 1550

LEASE TOTALS 7378

[gas too]

--
i think the most recent rns confirmed we're getting $5/b premium to wti crude
wti dipped under $80/b on 30apr, its been down to 78.11 since, almost back at 80 now

[bad gateway] 22/4/2024 17:07

No doubting PPP's having a sad time after the disappointments with drilling issues but at least we're in good company. (The red is 88E.)
Chart really shows the dangers of jumping into a "tip" from the boards when you're down on your own stock.

free stock charts from uk.advfn.com

[wrtmf] 15/4/2024 08:21

not a bad update, atleast ws5h is coming into view [drilled a year ago, not tested, sidetracked ct3h]

they continue to report different oil production numbers to the local regulatory authority [dyor]

and i continue to hold

[possibly, ct1h, ct4h, ws5h +/- cog1h flowing by year end, that's a long way from lenigas' fantasy workovers, but at $70-95/b, is massive for mcap £850k]

[wrtmf] 11/4/2024 21:55

at the moment ppp comfortably heading for $83/b for 20may sales payment
close to $80/b for 20apr sales payment

[purple11] 11/4/2024 15:03

interesting 0.6s and 0.77s doing v well.

target 12p

[bri15] 09/4/2024 14:36

Way,way undervalued this one,took more at these low prices,few others taking the same opportunity by the looks of it.

[wrtmf] 05/4/2024 18:39

wti crude $87.50/b

open up ct4h!