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President Energy Share Discussion Threads
Showing 44751 to 44773 of 44775 messages
|With the way you add things up nothing surprises us with your wild valuations|
|£125m market cap!
4500 BOPD production!
New gas find 1 week ago!
$16m in cash!
Makes PPC look a bit over valued.|
|SDX does look good. Thanks Brasso.|
|There is no way they will achieve an additional 500 BOPD from less than 10 workovers.
O/T Keep an eye on SDX this afternoon|
|Its hard work Pp but somebody needs to correct him|
|Has it ever been stated that all ten of the workovers will be completed by the end of September?
I can only recall reading of a target of 1200 bopd production from Puesto Guardian by the end of Summer/September.
Edit: 155 days until end of September, 8 workovers to complete = 19 days each? Bit tight for time, surely?|
As I said the DP1001 well will settle down and current gross production will be more like 1000 BOPD.
I cannot see all 10 workovers being successful and a 50 BOPD average seems a reasonable assumption based on the companies estimates.|
|Is this 1500 bopd just in Argentina, or does it include Louisiana production?
|1500 BOPD by end of September is a bit optimistic. October is more realistic in my opinion.|
|At what point are you setting your targets?
We have the rig for the next 10 months.
|The question must be whether the frac program can deliver something altogether more exciting?|
|1500 BOPD is my target too.|
|surely the potential then for another 400/500 BOEPD giving us a solid daily average of 1500?|
|10 more are planned.|
|can someone tell me are we about to do 10 workovers or 8????|
|I thought we were getting $38 per barrel net back for the oil in Argentina, Wayne?
Of the current 1100 boepd production, 800 bopd is in Argentina, 300 boepd in Louisiana.
800 bopd x (58 - 20) x 30 = $912,000 per month.
300 boepd x (49 - 20) x 30 = $261,000 per month.
Total net back $1,173,000 per month?
Plus, of course, we await the outcome of the current frac programme and, beyond this, the rest of the workovers to be carried out this year.
The rig is contracted for a year....through to February 2018.
Production is on the increase....you make it sound as if it will stall at current levels.
I bought a few more shares today.
We have been reading posts like this from you for years at 500 BOPD, 600 BOPD and 700 BOPD. Yet despite the apparent profitability you suggest we are always doing placings when there is any CAPEX required. The 1100 BOPD will most likely be closer to 1000 BOPD in the coming months as the DP1001 well settles down.
At 1000 BOPD and a $49 WTI price we may be generating $400k a month in free cash flow.
1000 BOPD x ($49 -$20) x 30 days = $870k per month
The company salaries/ admin costs will eat half of that money up.
Piperpeter27 Apr '17 - 13:29 - 12460 of 12464 1 0
How much is the current 1100 boepd production bringing in per month?
|There is some serious pillow talk going on, between rizzzla and brasso...K|
|This is in serious trouble time to dump|
|How much cash does the Company have currently?
|How much is the current 1100 boepd production bringing in per month?
|We need money to drill...|
|We need to drill...|