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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
  -0.15 -4.48% 3.20 3.10 3.30 3.35 3.15 3.35 464,417 16:01:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.2 -2.7 -0.4 - 34

Petroneft Resources Share Discussion Threads

Showing 46101 to 46124 of 46800 messages
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DateSubjectAuthorDiscuss
14/5/2021
14:56
Interesting volume kick this afternoon, is news coming next week one wonders? Worth noting the company has a "for sale" sign over it, for the right price of course, nothing short of £100m IMO. Now valued at only £31m
goldenshread
14/5/2021
14:32
Only 250,000 shares available at full offer then it moves up again, the book is very positive currently, looks like the Zak Mir target of 4.3p by month end is on.
broken_arrow1
14/5/2021
13:34
The result from the workover of the former MOL well - that delivered flows of 1000 bopd - is eagerly awaited, the new team at Petroneft have performed impeccably from a operations point of view. If this well performs then PTR would be producing about 2500 bopd, makes the current value of £30m farcical. If they announce success with a decent production level the shares could easily double from current levels. No wonder buyers are starting to appear !!!
observer007
14/5/2021
13:22
Book has turned positive, buy size limits have been reduced, only 250,000 shares at full offer now. RSI is a neutral 55, so plenty of room for upside ahead, good entry point for traders.
broken_arrow1
14/5/2021
08:51
Not a particularly large amount of stock on the book currently before it moves up. I notice they expect results from their operational work before end of June so I suspect buyers will start entering shortly in anticipation. Always better to buy illiquid shares like PTR before larger volume kicks in.
broken_arrow1
14/5/2021
07:42
Goldenshread The well you refer to is not a exploration well, this well (named L2a) was initially drilled by MOL and flowed at 1000 bopd - MOL never had a chance to case the well so flow was hindered and they moved on. Petroneft aim to run a liner into the well to protect it's integrity and then re-test If all goes according to plan this well alone could increase current production in a range of 40% to 70% . It is obvious what management are doing, targeting low cost operations for maximum impact, folks selling the shares are balmy, on operational success the share price could surge ahead with 5p+ possible
silverspoon2009
13/5/2021
20:07
Hope your hunch is right. Any good news should see 4p in a short time frame. Looks favourable for a take out layer on when reserves are properly verified.
seangwhite
13/5/2021
09:06
The shares have consolidated nicely around the 3p level, I expect the re-rate to continue and am happy to wait. The new BOD seem determined and confident they can deliver significant value way beyond the current market cap of £30m, the time to buy is when it is quiet. The next news (drilling result from Licence 67, 90% owned) is imminent, Tomsk is oil rich so am expecting a strong RNS, previous in location pay levels have ranged for 10m to 80m and flows around 500-800 bopd, this one well could materially alter the market valuation of Petroneft.
mrmcnee
11/5/2021
11:06
Buyers returning to Petroneft ahead of what could be a very interesting update, their plan to increase production and drive down costs is working splendidly, also with one eye on a corporate sale (at the right price) Materially undervalued but the shares are increasing hard to buy, any sales are immediately mopped up. The next update could further drive the re-rate, 4p/5p is on, even then only £40m/£50m m/cap.
silverspoon2009
10/5/2021
14:17
There has been some decent buying over recent sessions that's for sure.
goldenshread
10/5/2021
14:07
Book is getting stronger behind the scenes, looks like a move up coming, the next move could target 4p - 4.5p range, this is definitely re-rating.
broken_arrow1
08/5/2021
10:51
The new team have done well and I hope if they are approached to sell it can achieve double digits for the share price take out.
seangwhite
07/5/2021
13:25
One Field which has just gone into production has 19 million barrels of oil this will be developed quickly to prove up the value and they have already moved on to another field on a work over all this and more happening on L67 at 90% ownership. over on L61 already producing 900 bopd net with plans to significantly increase with 50% ownership Now this seems to me at £30m to be very cheap the new board are seeming to want to prove up as much as they can very quickly, not forgetting they swapped Debt for equity so maybe a sale of all assets will happen this year ? Big Question is how much ? I am seriously thinking $200 million.
1utah
06/5/2021
21:31
Bonkers to be selling now. This company's actually getting the stuff out of the ground, and in increasing numbers.
organstop
05/5/2021
09:32
Good to see the lowest bid and ask becoming well established at over the 3p marker. f
fillipe
04/5/2021
15:19
Very important to see PTR rising after the initial dip. Rarely happens here. Could be the start of something big.
kevjones2
04/5/2021
11:55
Hopefully they will continue to feed the market with news - I suspect that is not far away.
mrmcnee
29/4/2021
06:59
Gone quiet here, suppose a re-trace was inevitable at some point but doubt it will last long.
broken_arrow1
28/4/2021
09:39
MMS killing this ,
rpat2
28/4/2021
08:11
Sells are actually buys going through , messing with the spread
rpat2
27/4/2021
17:19
Some profit taking late afternoon but the trend remains up.
observer007
27/4/2021
16:20
Very strange for most shares but PTR has a mind of its own. Not one trade that I can see below 3p and it closes at 3p!! Maybe we'll see the benefits tomorrow.
kevjones2
27/4/2021
08:27
PTR has always been extremely RNS-dependent. It usually goes up on news and then slides down again. We'll know the corner has been turned when it goes up and stays up until the next good news - and then continues upwards. It's looking brighter than it has done in my 8 years here.
kevjones2
27/4/2021
08:23
The CEO is high calibre as are the new on ground operational team, fully experienced in Tomsk Oblast region. Interesting that a number of boutique houses with expertise in Russia have latched onto Petroneft as a investment proposition, the share price strength and subsequent re-rate will continue. The revaluation of the company will surprise to the upside from a very low base.
flughafen17
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