Regal Petroleum Share Discussion Threads

[festering pustule] 06/9/2012 21:52

You've not lorst it Beeksy. Not at all, by no measure, definitely not.

Although maybe just a tad. A smidgeon of an iota, at most. But it ought not to be plotted over time.

I dunno. Becoming 'reasonable' was never the way forward, fella. You know that.

XXX

Es

[j drama] 06/9/2012 10:27

RNS 18th Jun

'The SV-53 well was spudded on 28 February 2012. The well is scheduled to take 400 days to reach its target depth of 5,450 metres and is targeting the Visean reservoirs ("B-Sands"). The well is currently drilling at a depth of 4,032 metres.

The MEX-105 well was spudded on 17 April 2012. The well is scheduled to take 350 days to reach its target depth of 5,250 metres and is also targeting the B-Sands. The well is currently drilling at a depth of 2,250 metres.'

SV-53 4,032 metres in 108 days = 37.3m pd
MEX-105 2,250 metres in 62 days = 36.3m pd
Depth to drill as at 18/06/12, SV-53 1,418m & MEX-105 3,000m
Even allowing for double the time to drill lower section SV-53 should have reached TD by now.
1,418m / 18.65m pd = 76 days = 2nd Sep.

Were the 12 month drilling timescales for the two wells more overly cautious updates from Energees?
Even allowing another 2.5 months+ for completion & testing that would still only be end of Nov for SV-53, 9 months in total.

Lots of news due:
Current production levels after first workover
Increase production after MEX-3 repairs.
Methanol production upgrades
LPG installation
Updates on 2 wells being drilled.
Interim results showing strong profits/cash generation.
2 more workovers in 2012 on existing wells.

Only a maximum of another 22 days until interims released.

[j drama] 31/8/2012 09:40

Only a month to go before interims have to be released.
It will be very interesting to find out what the post workover production number is & why they didn't disclose it in the last update.
It's not as if Energees have anything to lose by releasing it even if it was rubbish.

Make or break time IMO as to whether the licences are any good.

[j drama] 22/8/2012 03:08

Encouraging to see that 100k buy at 17.5p yesterday, largest single buy I've seen for a while.

ADVFN no longer has RPT quoted on the PLUS market, does anyone know whether this has been cancelled?

[bbr391] 21/8/2012 15:52

As expected , more good news due.
Interesting.

gla concerned

[bbr391] 17/8/2012 14:06

Interesting.

gla concerned

[j drama] 15/8/2012 09:23

50k buy a good start to the day.

[smudger88] 14/8/2012 08:31

I wish they sold shower heads. I'm desperate for one as my old bucket has a hole in it.

[mstaub] 14/8/2012 01:13

FYI:

Gas extraction on the Ukrainian territory increased 0.9%, or 104 million cubic meters (mcm), year-on-year to 11.801 billion cubic meters (bcm) in January-July 2012, including a 0.9% increase, or 95.9 mcm, to 11.378 bcm of natural gas, a source at the country's Energy and Coal Industry Ministry has told Interfax-Ukraine.

Naftogaz Ukrainy's enterprises increased gas production 0.7%, or 77.3 mcm, to 10.606 bcm, including a 0.7% increase, or 70.1 mcm, to 10.209 bcm of natural gas.

Ukrgazvydobuvannia increased output 1% to 8.793 bcm, including 0.4% more natural gas to 8.640 bcm. Ukrnafta output was down 7.3% at 1.170 bcm, including 4.5% less natural gas at 926.34 mcm. Chornomornaftogaz natural gas output rose 14% to 643.03 mcm.

Other oil and gas companies operating in the country increased gas production 2.3%, or 26.75 mcm, to 1.195 bcm, including a 2.3% increase, or 25.83 mcm, to 1.168 bcm of natural gas.

The biggest gas producers for the seven months were CJSC Naftogazvydobuvannia - 435.686 mcm (down 2.6%), JV Poltava Gas and Oil Company - 187.955 mcm (down 25.2%), KUB-Gas LLC - 120.989 mcm (up 220%), CJSC Pryrodni Resursy (Natural Resources) - 115.554 mcm (down 21.1%), Energy Services Company Esko-Pivnich LLC - 100.015 mcm (up 14.1%), CJSC Ukrnaftoburinnia - 67.169 mcm (down 16.8%), Regal Petroleum - 45.354 mcm (up 25.6-fold), CJSC Plast - 22.728 mcm (down 1.8%), Nadra Ukrainy - 22.315 mcm (down 19.2%), JV UkrKarpatOil - 17.241 mcm (down 5%), VKF Dion LLC - 11.405 mcm (up 33.3%), Pari LLC - 10.265 mcm (up 88.6%), Prom-Energo Product LLC - 9.883 mcm (up 16%), Eastern Geological Union LLC - 8.434 mcm (down 4.2%), Boryslavska Oil Company LLC - 6.885 mcm, (down 4.9%), Nadragaz LLC - 4.79 mcm (up 6.6-fold), JV Delta - 4.156 mcm (down 14.9%), CJSC Tysagaz - 2.765 mcm (up 47.5%), and Kashtan Petroleum Ltd. - 1.664 mcm (up 100%).



HOLD ON!!!!!

:))

[volkswag] 13/8/2012 15:31

It's good to see Regal's lucky omen Fatima is back on song. Perhaps the share is entering into the Olympic spirit! Altogether now, blue is the colour of the share price

[j drama] 13/8/2012 14:10

Heading for a high volume day on RPT even if it's still only around 0.1% of shares in issue.
Seems that something has finally started to stir some interest in RPT.

[j drama] 13/8/2012 13:52

Another 19.5k of buys, bid offer 17/17.5 up 12%.

Just goes to show what would happen if there was a real rush to buy!

[j drama] 13/8/2012 12:34

Another 32k of buys, that's 133k so far today.
Bid offer now 16.25/17 up 9%.

Seems whoever was selling at any price has given up at least for a while.

[j drama] 13/8/2012 12:03

Bid offer now 15.75/16.75, a bit more momentum on the buying side & this will fly past 20p.

[j drama] 13/8/2012 09:27

There is some news due, the interim results before end of Sept.
Last results were released a fair bit before deadline so could be before end of Aug.
I'm expecting a decent increase from current levels post results release on basis of cash produced ($9m+) if nothing else.

In for a few more.

[volkswag] 13/8/2012 09:18

There's been an unusually amount of trades this morning compared of late. Perhaps some news is due?

[j drama] 07/8/2012 07:05

Interesting to see the results of this at JKX

'7 August 2012
 
 
JKX OIL & GAS plc ("JKX") ANNOUNCES
AWARD OF MULTI-STAGE FRACTURE STIMULATION CONTRACT
 
  
JKX Oil & Gas plc ("JKX") is pleased to announce the award of contracts between its wholly owned subsidiary, Poltava Petroleum Company ("PPC"), and Schlumberger to perform fracture stimulation ("frac") operations on well-R103 in the Rudenkovskoye licence, Poltava, Ukraine.
 
Well R103 was drilled in 2010 to a total measured depth of 4,589m including a sub-horizontal component of 1,000m in a low permeability gas bearing Devonian sandstone unit. Detailed geological and engineering studies have concluded that the well will benefit from a multi-stage fracture treatment.
 
In 2011, Schlumberger won a competitive bid to design the R103 multi-stage frac. Following a further tender process, additional contracts have now been signed with several other Schlumberger divisions to source the chemicals, materials, equipment and services necessary to perform a 9-stage frac operation.
 
Pre-frac preparations on the well, which include the replacement of the liner, are well advanced, with the injectivity test scheduled to be completed in the third quarter of 2012. It has been agreed to perform the bulk of the frac operation in the second quarter of 2013 in recognition of both the complex logistics sourcing and mobilisation of long-lead items into Ukraine and the adverse climatic conditions of the Ukrainian winter.
 
JKX Chief Executive, Dr Paul Davies, commented:
"We are very pleased to have placed these series of contracts with an industry leader and look forward to the successful completion of one of the largest frac operations in the region."'

[prambigear] 06/8/2012 20:17

Nice header Beeksy!

[volkswag] 02/8/2012 22:00

Mostly buys and yet the share price goes down, it's as if the share price is deliberately being manipulated in a downwards projection despite buys exceeding sells on several days, recently? I just can't make sense of it.