Petroneft Resources Share Discussion Threads

[tens machine] 04/6/2015 17:57

Unfortunately it's patience that is required , quite happy with this bobbing along and see where we are end of 2015

[rockin robin] 04/6/2015 16:45

I don't think it's even that Tel.If PTR announced £60 million profit and a dividend, the Mkt would love it.I just think it's a generally nervous Mkt & PTR aren't yet 'ripping up trees'Just need Results here.

[telegraph1] 04/6/2015 13:19

Robin the market seem to be nervous in my opinion over the Russian political situation the danger of Russia invading Ukraine hangs over every western investmentin this country hopefully and only when I political solution is reached then I feel western money Will flow back into this country The license is good and the solvency of the company is sound what's the political solution

[rockin robin] 04/6/2015 11:53

Amazin...innit...that the reported prediction that the Co. will double production by eo 2015, and introduce massive - potentially very productive, horizontal wells via reputable contractors, and likely, increase it's P2 reserves, in the light of new seismic data.......is received with 'a complete raspberry' from the Market.I guess they just need to deliver - huh?

[kevjones2] 03/6/2015 08:12

Last year's annual report was published on 30th June so unless something extraordinary, and/or something that affects the sp, happens between now and end of June/July I can't see an RNS until that. Nor would I expect one until then considering we just got one!

[ravin146] 03/6/2015 05:54

Crudde it's just very childish imo. Ten I'll leave it there cba...Steel has got it spot on as he as pasted again for your reference.

[tens machine] 03/6/2015 01:18

Why is it if you ask a question on here you are desperate, change the record. probably the reason I rarely post on here nowadays. Been accused of being a ramper and desperate in my relatively short time here. Both I am NOT I can assure you of . I still hold here and will do so for the foreseeable .... Nicely up currently trying to add desperately ( irony) further on the dips.

[steelwatch] 02/6/2015 22:45

As far as the recently completed seismics over Sibkrayevskaye is concerned:

"A reserve update will be prepared at the end of the year incorporating the new seismic and well data."

The smaller 3D survey done over the two discoveries on Licence 67 last year resulted in a reserves calculation for those which has been submitted to the Russian State Reserves Committee for approval. No guidance has been given as to when the Committee will announce its formal decision. PTR will be reviewing its options with regards to 67 and may sell it.

[crudde99] 02/6/2015 22:42

ravin....If the LSE Ptr share price was as blatantly and therefore as obviously wrong as you claim it was, well then what fear could I possibly cause by stating what was on LSE site..??

[ravin146] 02/6/2015 22:37

Telegraph you sound slightly desperate there lol...we just recently had news. I can't see anything until next 6-8weeks. Ask Kev and dbarron?!

[telegraph1] 02/6/2015 22:12

How long do you think we have to wait on the next Can anyone give me a time frame on when the next reserves update will be posted

[ravin146] 02/6/2015 21:40

Crudde why even cause the fear when it is blatantly wrong and you are on advfn and could not even be bothered to check here before writing that.

[granto2] 02/6/2015 16:03

showing Richland Resources down 50%, and its not either.

[crudde99] 02/6/2015 15:53

Yikeeeees..!!!! I see LSE is showing Ptr DOWN 42% at the moment to 2.775 p...??? Obviously an error on their part. Well let's hope so..!! GL2A

[rockin robin] 02/6/2015 10:39

Shhh... Someone's buying.Ignore it.'Not important.

[seangwhite] 01/6/2015 20:21

The BB badly needs the new content in the form of Emojiis as poor old PD's BlackBerry cannot handle such new fangled technology.

Let's hope his well underused but really reliable Remington portable is still helping him and of course DF to craft the next RNS for PTR or as it is known in Davys 'Good News 2015' - version ii

VGLTA

[spudders] 01/6/2015 18:53

Steel, iPad emojis, adds a bit of humour to posts. At some stage PTR will 🚀 then I'll be in the 💰until then it's the same old 🐌 pace.

[steelwatch] 01/6/2015 18:26

like the smileys spudders. Is it an Apple thing? ☻

[spudders] 01/6/2015 18:17

Steady decline in the share price again, just like the production figures 😤 one day value will out !

[rockin robin] 29/5/2015 09:00

Looks like no-ones sold much for a few days, 'most happy to hold for - the results of 1km long H wells, and a pending P2 3D seismic update, & 'stuff' to 'play out' before we get to the predicted 'doubling of production by eo 2015'..Gotta feel sorry for those who 'cleverly' sold out immediately 'on News' and then post 'the most possible negative viewpoints - ever' in the hope of a falling sp, to make £200.?

[dbarr0n] 29/5/2015 08:59

granto .. Yes up to 75 vertical wells would be needed on Sibkrayevskoye.
The field covers over 50 square kilometers and has 53 million barrels, typical well spacing is about 750 mtrs..

[seangwhite] 28/5/2015 21:39

Busy day on the BB hope PD is taking notesVGLTA

[steelwatch] 28/5/2015 12:43

ravin - if you compose something and post it, I'll put a link to it in the header if you want.

[granto2] 28/5/2015 12:21

License 67
3D siesmic completed in H1 2014, the company had the final data in dec 2014, It didn't comment on it, they submitted it to Moscow for approval. six month expected wait. At double to treble the cost of 2D seismic hopefully the results will be excellent .
Licence 61
Ongoing 1000km of 2D seismic, including huge areas of Sibkrayevskoye. The S373 successful well in a decent pay wall of 11.5m, and 16 meter higher than the first successful well, and 2km distance from it. It gives me high optimism that this is the real money maker on the license. There will have to be a minimum 3m 1p resource increase even without analyses and connections to the lower well. However, we all believe they are linked. It is looking like the 2P reserve estimate will prove to be a reality when the next wells are drilled. we only have limited data at the moment but it is increasingly looking like a huge find.
costs
The H wells are $3.5m dollars. PTR told OilBarrel.
Outlook
It's odd but if S373 have been a duster, the share price would have dropped 25%. Yet hit hots the raget and we get a small lift. The joys. more to follow,

[crudde99] 28/5/2015 11:57

Granto re. your guesstimate of 3 mill a pop. Im open to correction here but I remember reading somewhere before ( don't ask where) that any well is worth the cost of drilling providing that the well can pay back the initial costs associated with the drill within a 3 year time frame !! Does that measure of a successful well make any sense to anyone ?? Lets hope that the share price will be as busy as this BB in time to come folks.