Petroneft Resources Share Discussion Threads

[crudde99] 07/4/2015 16:40

So dead in the water at the moment. Let's hope for more exciting days ahead...!!

[ravin146] 07/4/2015 08:56

i don't think any of these well results will increase the share price drastically...seismic data definitelym re-rate the current market level

[seangwhite] 03/4/2015 13:22

The SIB 373 drill is due to reach TD later on this month so expect a few weeks of a wait for any RNS.They may also release seismic news sometime soon.GLTA

[telegraph1] 03/4/2015 13:14

What about news from bod

[tens machine] 31/3/2015 23:28

what news are we waiting for

[rockin robin] 31/3/2015 23:08

All eyes on the Iranian nuclear/sanctions/oil-embargo discussions tmw...

[spudders] 28/3/2015 12:14

I'm sure investors are looking at their portfolios and booking losses/ gains before end of year, this will not help the share price in the short term. Let's hope the Sib 373 results are released early next month as there maybe some spare cash on the sidelines ready to invest here. I have concerns that we might be a target this year which could cause management an unwanted distraction from the programme of works, I hope this does not occur but we have some large II holdings who may stir things up. Best of luck all 😃

[crudde99] 27/3/2015 19:43

Are Ptr heading sub 4p again..??? Disappointing day when any stock falls over 7%....!!

[rockin robin] 26/3/2015 17:16

Who knows, what's going to happen...but 'surprised that after, 6 months of falling oil prices, this scenario hasn't prompted more interested in battered oil stocks.

[granto2] 25/3/2015 16:28

for me I tend to work my own calculations and forget what the market thinks.

[seangwhite] 25/3/2015 07:48

Very quiet here for the next month or more.It looks like is going to take the best part of 2015 for PTR to show it is really able to deliver.GLTA

[hayfield] 24/3/2015 20:54

Looks like this is heading back down to the 3.5-3.75p range

[ravin146] 24/3/2015 16:42

Well reality is, 100k volume pushed this 3% down?! Similar pattern when news is released.

[rockin robin] 24/3/2015 15:31

Where's Rav - to cheer us up?

[ravin146] 24/3/2015 15:14

As I said rct, that trade may work again. This imo will drift back to 3.8p level. It is a news hungry stock.

[steelwatch] 23/3/2015 19:27

The time I phoned, mid morning, he answered personally. Just depends on whether he is actually there or, say, on a plane or in a meeting.

[granto2] 23/3/2015 19:21

ok i'll try.do you think He'd take the call….

[steelwatch] 23/3/2015 18:49

granto - phone him. Number on the bottom of most RNS announcements.

[granto2] 23/3/2015 18:26

can I ask the board.
1 what is the quality of our oil like. Brent or light WTi ? anyone know.
2. what is the base cost of producing oil per barrel. In other words what is it costing us to produce each barrel for market. and also how much will it drop as production increases. any figures anyone. I know its in the annual reports somewhere but its also so in-depth.
3 same question phased a bit different. How much are we getting per barrel at the moment, and what is the estimated profit achievable this year and next.
does anyone fancy a stab at these answers/
Do you think PTR CFO would give me an estimate if I asked him?

[granto2] 23/3/2015 18:21

plus
cost of transporting the oil is in rubles
Cost of supplies in Rubles
Cost of staff in Rubles
huge saving there.
plus
new wells in 2016
new seismic results due.
the entire northern part of the license about to come into play.
Profits ?
I have not ran projected accounts here but very quickly ….
assume we can make $10 a barrel clear profit.
2000 x 365 days @ $10 a barrel = $7,300,000 nett profit.
in 2015 we should average nett to us 1500 bopd = $5,475,000 meet profit.
lets assume for positivity sake that the northern lands come good and increase the total production to 7,000 bopd. Hardly unrealistic .
3500 attributable to us.
3500 x 365 x $10nett profit per barrel.= $12,775,000 a year nett profit solely for PTR.
Remember we are on a free carry for the first $45million spent.