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[woodpecker25] 02/12/2014 13:59

Did he give any indication when they going to announce any news?

[ravin146] 02/12/2014 13:55

Don777 did you just come back, any more feedback would be much appreciated or anyone else...surely they talked in more detail about results?!

[granto2] 02/12/2014 10:30

The T-5 won't be producing until early next year. It has cost $3.5m to drill and should produce an annual profit of $2.400.000. That's good business. info based on PD interview with Oil Barrel a few months ago.

[rockin robin] 02/12/2014 10:18

Do we have anyone going to the Oil barrel barrel conf'??

[granto2] 02/12/2014 10:09

The pluses; $85m Oil India invested earlier in the year. that was hard cash following due diligence, no smoke in the new wells awaiting results this week or next. No debt and a free carry for a few years. I have been a harsh critic of the lack of managements communication issues, but there is lots to be optimistic about too. look at the reserves and infrastructure

[man1] 02/12/2014 08:30

I'm surprised we still have not had any news especially with an alleged new start with oil India . Investors will listen to the oil barrel presentation as to why they should invest and the boards promises . Then they will visit the BB to see it's all smoke ... Shame really ...

[seangwhite] 02/12/2014 07:04

Anyone attending the OB event in London today.Should be interesting with the current turmoil in the Oil markets.PTRs deal with OI removing its dollar debts is looking like a dramatically well timed one seeing the way the Rouble has collapsed against the $.PCI on the other hand have managed the opposite as BB continues his awkward stewardship albeit very well paid.Good to see DB is still around.VGLTA

[dbarr0n] 01/12/2014 22:44

RC...
From memory you said you no longer hold any shares here and have no intention of getting back in so why have you any interest in what's going on ?.
also you and others here rubbished my posts, so why would I bother posting what I know here ?.
I will post my thoughts when the news on Arb-106 & T-5 is released..

[chris cat] 01/12/2014 17:03

Granto2 - Thanks - Just saw the headline as I was running out of the door

[ravin146] 01/12/2014 16:31

It's the usual sharp movement before news we get at ptr, dbarron is quiet and oil prices are collapsing...nothing new, ok maybe the oil price drop but we have the ruble movements before too. I hope there is a big trade, as it's silly to sell after this long wait unless they know something I don't. Gla

[crudde99] 01/12/2014 16:30

Lots of oil stocks back today... PVR - 30% PCI - 13% LOGP - 9% and PTR - 4%

[granto2] 01/12/2014 14:38

Oi in Brazil. Oibra. no panic. different firm.

[granto2] 01/12/2014 14:35

Oil India, highly unlikely the same company, OI have 11Billion in current assets . several billion in cash. and they just had a meeting with Gacprom. doubt it very much,.

[seangwhite] 01/12/2014 14:02

It is strange that Db has been so quiet of late.
Any ideas as to why.

VGLTA

[rcturner2] 01/12/2014 13:37

News is overdue here, surely they should have the Arb drill results by now?

db rather quiet too

[chris cat] 01/12/2014 13:34

I saw a headline on CNBC this morning around 7 ish - "OI to dispose if assets to reduce debt" I didn't see who OI referred to but immediate thought was Oil India - anybody see this or have any thoughts.

[granto2] 01/12/2014 10:55

Look I expect the RNS tomorrow and I also think it will be pretty good. They wouldn't have the balls to do the OB event with our something new to announce. can't wait…… but don't say it ( this BoD has a neck like a jockeys boll….

[steelwatch] 01/12/2014 10:33

Toon - sean has a crush on Big Brian - ceo at pci, lol

[steelwatch] 01/12/2014 10:31

If no announcement before tomorrow's presentation, no doubt questions will be put to the presenter with feedback on at least one of the bulletin boards. Failing feedback, should be available for all to view within the next few days.

[granto2] 01/12/2014 10:25

I emailed them…..no reply

[telegraph1] 01/12/2014 09:43

Has anyone had any contact with the bod regarding the delay in news

[granto2] 01/12/2014 09:29

if they have held off the news…perhaps it will be good news….being optimistic