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Share Name Share Symbol Market Type Share ISIN Share Description
Petroneft Resources Plc LSE:PTR London Ordinary Share IE00B0Q82B24 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.85 3.80 3.90 3.85 3.85 3.85 373,154 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.2 -2.7 -0.4 - 32

Petroneft Resources Share Discussion Threads

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DateSubjectAuthorDiscuss
02/9/2015
10:31
rich - neither Natlata nor GI have put forward any proposals at the AGM to vote down. ravin - all in the Annual Report which is available on the website (figures are in US$ - current rate c. £1 = $1.53).
steelwatch
02/9/2015
09:48
And if the Bod had bought shares they would not be relying on our votes to vote down Natlata and General invest.
rich2006
02/9/2015
05:51
Dbarron agree with most your points, however, completely oppose your views on director deals. As far as I am concerned there is no excuses, no closed period etcAny one know how much the senior bod got paid last year?! How were they paid bonuses and how much?! If it is cash only, wtf is going on?! These directors if not buying shares should be offered shares as bonuses not cash. Secondly, by not buying shares does not give any confidence in the company and the business. As for if any difference in share price maybe not, oil has collapse 70-80%! since nov last year. Confidence it brings is priceless especially when natlata is actually acting like bod's.
ravin146
02/9/2015
01:08
Dbarron. Ask DF if he met Maxi and had an agreement that Maxi would leave things alone for 12 months? I wasnt saying OI want to be operators only commenting on what Kev Jones commented on. I think if Natlatla & General Invest vote against Re Election of Directors as well as resolution 4,5 & 6 they may carry the day this time as I have said I do not want them to take over the company by the back door but this BOD have no one but themselves to blame if it happens.
thetoonarmy2
01/9/2015
23:21
thetoon, Who led you to believe DF met Maxi & his protege after the AGM ?. Oil India don't want to be operators, they could have bought more or all of the company if they wanted that. I doubt Natlata will make a bid now as all the wanted in my opinion was control which after the Oil India deal they now cant have. sean, There has been no standoff with Natlata, and Natlata could at anytime look for changes but succeeding would look unlikely after the way they were defeated just 16 months ago. As for the directors buying shares, Even if they could have purchased, what difference would it have made ? when Natlata and General invest have managed to buy 250 million shares without increasing the share price
dbarr0n
01/9/2015
22:38
Well it looks like the BOD 's standoff with Natlata is over and they are free to make a move for changes at the top.It has been nearly three years since any board member purchased shares.The share price is currently well under the last equity raising so all those who invested then have not done too well.Roll on the AGM and a bit of activity at PTR.VGLTA
seangwhite
01/9/2015
22:12
▲ Spam ▼
steelwatch
01/9/2015
20:48
LG http://petroneft.com/news/2012/1060/ http://petroneft.com/investor-relations/share-capital/
steelwatch
01/9/2015
20:21
I'm not up to speed with PTR and only have a few £K here. Intrigued to get a phone call about the AGM, plus letters last week. My question ... when was the last time a Director bought shares? I can't see anything on the news history or PTR's website. Thanks,
librag
01/9/2015
19:48
Dbarron. You are right about them being defeated at the AGM, I was led to believe DF met Maxi & his protege after the AGM and agreed that they would do nothing further to stir anything up for at least 12 months, all I'm saying is that time is now up and I think that Natlatla have something up their sleeve, as far as Oil India becoming operator would that be a bad thing? Making a quick buck? you are having a laugh, nowt quick happens with PTR I would just like to make a few slow bucks I have been in here long enough. I would think the great majority would just like to be out, so if Natlatla make a bid 8p or 9p I would take it, I wouldn't be happy as I thought we could get more but the Oil environment & DF do not make that possible.
thetoonarmy2
01/9/2015
18:47
hTTp://articles.economictimes.indiatimes.com/2014-05-07/news/49689694_1_oil-block-oil-deal-oil-india-ltd "OIL also has the right to become the operator of the Licence should there be a substantial change in the management team of PetroNeft within the first three years." Not saying this precludes anything but it's interesting.
kevjones2
01/9/2015
18:07
thetoon ... I think you got it a little wrong, Natlata tried to replace several board members and failed, and saying they would not stir anything for 12 months is a laugh, after being overwhelmingly defeated the had no choice but to sit back and shut up. As for Oil India getting on with Maxi, I doubt that very much. Oil India want to develop oil fields and extract oil, Natlata just want to make a quick buck by whatever means.
dbarr0n
01/9/2015
17:37
some geezer rang me up checking id got my voting papers, and was I going to vote!
currypasty
01/9/2015
17:32
Just an aside last year Natlatla agreed not to stir anything for the next 12 months after the AGM, thats now up. As far as Oil India go they wanted stability of management at the start of the investment from them they have had that now, believe me Oil India get on very well with Maxi the Indians like the Russians they would have no issues dealing with them anyway I want Natlatla to make a bid not just get on the BOD.
thetoonarmy2
01/9/2015
17:00
time to load-up it seems.RNS coming?
rockin robin
01/9/2015
14:59
sean - you may recall, last year Natlata wanted to vote out the entire board with the exception of TH. It would be somewhat inconsistent for them to now seek his removal don't you think?
steelwatch
01/9/2015
14:45
DbWhat happens if the existing BOD members up for reselection do not get voted in.I would expect then that the remaining BOD members would agree to appoint some Natlata people to the BOD with no voting required.Wee Tom might be glad to have more time to drum up support for BB over at PCI.VGLTA
seangwhite
01/9/2015
11:22
Sean ... How can you see a few BOD places going to Natlata ? . As far as I am aware there has not been anyone else put forward for any of the director positions.
dbarr0n
01/9/2015
09:57
wow repost others posts to proove a point and get moderated , light hearted banter taken over the top by some .guess its time to go blue on adfvn
tens machine
01/9/2015
09:37
Please let's not get personal here as BBs are worth only what the input is.The AGM is going to be here in short notice as is T502 results.I can see a few BOD places being given to Natlata & Co and if Wee Tom has to leave his mate BB will always buy him a big lunch.The POO is a factor for all E&Ps and some comment by PTR on how cash flow is going might be of some use to all.Fingers crossed for T502 to come in over 500bopd.VGLTA
seangwhite
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