PPP

Pennpetro Energy Plc

2.60
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Pennpetro Energy Plc LSE:PPP London Ordinary Share GB00BF2K5076 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 2.60 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.50 2.70 2.60 2.60 2.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Crude Petroleum & Natural Gs 0.00 -1.31 -1.70 - 1.99
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.60 GBX

Pennpetro Energy (PPP) Latest News

Pennpetro Energy (PPP) Discussions and Chat

Pennpetro Energy Forums and Chat

Date Time Title Posts
30/5/202309:34Pennpetro Energy PLC99
23/5/202318:12Oil shows. Clean up Peach Creek Texas5

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Pennpetro Energy (PPP) Most Recent Trades

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Pennpetro Energy (PPP) Top Chat Posts

Top Posts
Posted at 28/5/2023 21:57 by clivee1
I got extremely intoxicated several days ago and bought a further 900,000 shares in PPP ~ so my total holding to date is now 1,900,000 ~ probably a very severe mistake.

Never a good move to buy or sell when totally out of it !!!

From now on.............only going to top up on MTL ~ GWM ~ HUM and SHG.....but only when funds permit.

I forgot that 29th tomorrow is a Bank Holiday.

Lets hope that PPP submit a positive RNS on 30th...........and that PPP is not going to be a DL scam.

GLA

Posted at 28/5/2023 12:17 by clivee1
I am still hoping that an RNS will be issued for PPP tomorrow Monday 29th May 2023. I also hold a tiny amount ~ 4000,000 shares in UKOG, bought at .12 pence.

Hopefully, good news will arrive tomorrow !

Posted at 25/5/2023 10:29 by clivee1
At least the share price is holding up reasonably well, despite the lack of an RNS ~ I now have exactly 1000,000 PPP shares. I will just have to be patient and wait for news to drop, sometime in early June 2023.
Posted at 23/5/2023 18:12 by clivee1
I am yet again looking forward to a very positive and detailed RNS for PPP tomorrow around 0700 hrs on Wednesday 24th May 2023. GLA who have invested !!

I intend to be a long term holder in this one. Average price paid from April to May 2023 ~ 3.23 PENCE

Posted at 22/5/2023 12:51 by clivee1
At 12:15:20 today I bought 50,000 PPP at 2.90 pence and comes up as SELL !!
Posted at 18/5/2023 12:02 by clivee1
A detailed positive RNS for PPP would be great news for Friday 19th May 2023
Posted at 24/4/2023 10:29 by profit7
Just matter of time before PPP gets going, some sellers from placing shares clearing out.

Will rise significantly

Posted at 24/4/2023 08:18 by genierub
Keep an eye on L2.

Fantastic rise in UKOG and you all know what that means here given that PPP has also encountered oil midway through a drill AND has a MCAP that is 10X less than UKOG. Both are fantastic stock but i have a feeling PPP is going to rocket soon especially with todays RNS.

Dave Lenigas is going to send this with his tweets.

GL and see you at the top.

Posted at 04/5/2022 10:18 by hedgehog 100
16/03/2022 16:42 UK Regulatory (RNS & others) Pennpetro Energy PLC Placing and Broker Appointment LSE:PPP Pennpetro Energy Plc

"... Tom Evans, CEO of Pennpetro Energy plc, commented:

"We thank our existing shareholders and welcome our new investors to our ongoing development initiatives, as we simultaneously progress and complete our proposed farm-in agreement with Upland Resources. Shareholders can confidently look forward to an exciting and progressive series of developments in the near future." ..."

https://uk.advfn.com/stock-market/london/pennpetro-energy-PPP/share-news/Pennpetro-Energy-PLC-Placing-and-Broker-Appointmen/87573842


There could be great PPP newsflow in the near term on multiple fronts: Tunisia, the North Sea, mainland Britain, the USA, and the acquisition of a portfolio of green technologies to commercialise.

And PPP has a £20M. share subscription facility arranged and available (with warrants at 40p each).


In Q2 last year PPP nearly trebled from low to high: from 22.5p at the start of April, to 60p in mid June, on minimal news.

So an active period of exciting newsflow, in the current high oil-gas price environment, should easily see PPP move up very strongly from its current share price of just 28p.

Posted at 02/4/2022 16:57 by hedgehog 100
PPP looks very undervalued at just 27.5p, market cap. £22.95M. including the 30.3.22 CLNs conversion, ahead of what should be a period of very exciting newsflow from the company, on multiple fronts.

Here are a few key points:-
• Holding U.S. oil-gas operations attractive at sub-US$30/barrel oil prices, compared to the current price of over US$100/barrel.
- In a vast field 100% owned by PPP.
• Heads of terms just agreed to farm-in to a huge Tunisian gas project, with up to 15.2 trillion cubic feet gross potential in multiple targets.
- Payment was at a deemed 35p per PPP share, with a work programme to be carried out this year.
• £20M. share subscription facility arranged and available, with warrants at 40p each.
• Negotiating the acquisition of a portfolio of green technologies to commercialise.


02/06/2021 07:00 UK Regulatory (RNS & others) Pennpetro Energy PLC Shares Subscription Facility Agreement LSE:PPP Pennpetro Energy Plc

"Pennpetro Energy, an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA., is pleased to announce the execution of a three-year GBP20,000,000 Share Subscription Facility Agreement ("Facility") with GEM Global Yield LLC SCS, Luxembourg, and GEM Yield Bahamas Limited (GEM Global). The facility is available to use at the Company's discretion, subject to terms, for both general corporate purposes and the advancement of its petroleum development projects. Pennpetro Energy will control the timing and the maximum number of drawdowns under this facility and has no minimum drawdown obligation. In addition to the subscription of equity through the facility, the Company has agreed to the issuance of up to 12 million warrants at 40 pence each.

GEM is a US$3.4 billion alternative investment group with offices in New York, Paris, Nassau, and Los Angeles that manages a diverse set of investment vehicles, often preferring to partner with management teams and operators and together with them execute strategic plans and create value. GEM has completed over 435 transactions in 72 countries worldwide. ..."

https://uk.advfn.com/stock-market/london/pennpetro-energy-PPP/share-news/Pennpetro-Energy-PLC-Shares-Subscription-Facility/85262092


30/09/2021 07:00 UK Regulatory (RNS & others) Pennpetro Energy PLC Results for the 6 months ended 30 June 2021 LSE:PPP Pennpetro Energy Plc

" ... Despite the challenges presented by Covid, over the past few months, we continued our negotiations for the acquisition of an exciting Intellectual Property portfolio within the green technologies sector. The technologies which have been developed from within the petroleum sector encompass the provision of Green Energy by the remediation of both petrochemical and industrial waste without any harmful emissions released into the atmosphere, truly embracing the ethos of alternative energy whilst protecting the environment, as well as providing the Company with the ESG green credentials. We have agreed to commercialise the technology through a separate associated enterprise to progress under the initiatives driven by both the UK and European authorities with regard to exceptionally strong aims in bringing ESG, sustainability and climate to the forefront of corporate development. The UK is the only global financial centre that is also a green finance hub, with major green platforms developed by the London Stock Exchange, leading the sustainable finance ecosytem. As we progress, we will update the market.

The period under review has been challenging due to a number of unprecedented factors. However, the Company is well placed to capitalise not only on the continued recovery of the US and global petroleum sectors, but on our pursuit of the most exciting green technologies. Our aim is to be an encompassing and responsible energy company. ...

Outlook

In line with our strategy, all our operations are in highly active plays where the economics of drilling and producing remain attractive at sub-US$30 oil prices. This highlights the success we have had in taking advantage of the prior industry downturn to accelerate the positioning of our South Texas leasehold position in favour of the Austin Chalk and Eagleford Shale. ...

We are confident in the future and I look forward to providing updates on our progress . ..."

https://uk.advfn.com/stock-market/london/pennpetro-energy-PPP/share-news/Pennpetro-Energy-PLC-Results-for-the-6-months-ende/86171487


16/03/2022 16:42 UK Regulatory (RNS & others) Pennpetro Energy PLC Placing and Broker Appointment LSE:PPP Pennpetro Energy Plc

"London, 16 March 2022 - F ollowing the announcement this morning of a proposed farm-in arrangement with Upland Resources Limited, Pennpetro, the independent oil and gas company, is pleased to announce the successful completion of a placing (the "Placing"), arranged by the Company's broker Peterhouse Capital Limited ("Peterhouse"), to raise GBP350,000 before expenses, via the issue of 1,166,667 new ordinary shares (the "Placing Shares") at a price of 30p per share.

Pennpetro is also pleased to announce the appointment of Peterhouse as broker to the Company with immediate effect.

Application will be made for admission of the Placing Shares to the standard listing segment of the Official List and for admission to trading on the London Stock Exchange's Main Market for listed securities. It is expected that admission will take place at 8.00am on 21 March 2022 and that dealings in such shares will commence at the same time. ...

Tom Evans, CEO of Pennpetro Energy plc, commented:

"We thank our existing shareholders and welcome our new investors to our ongoing development initiatives, as we simultaneously progress and complete our proposed farm-in agreement with Upland Resources. Shareholders can confidently look forward to an exciting and progressive series of developments in the near future." ..."

https://uk.advfn.com/stock-market/london/pennpetro-energy-PPP/share-news/Pennpetro-Energy-PLC-Placing-and-Broker-Appointmen/87573842

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