Regal Petroleum Share Discussion Threads

[littlepuppi7] 06/5/2020 13:45

JKX as well, great by

[bluearmy1] 06/5/2020 13:23

True value will out soon enough, I've started buying lately, no matter how you look at this it is cheap. Cash outweighs MC, 4000boepd, gas prices rising.

[maloneyt] 06/5/2020 13:19

You certainly are not alone Soggy. I have been with this one and still hoping for FIFTEEN YEARS and counting. I wish I sold some when it went up to 60p, although my average price is 240p ?? Its production record, and cash balance are good,and increasing, but its not reflected in the share price ??

[vitamin_g] 06/5/2020 10:15

Good for you soggy. One month later and look where we are now though? Hopefully Brent rising and more demand will give the share price that same boost

[soggy] 06/4/2020 19:00

Been ticking up nicely of late - but nobody's commenting...am I the only sucker left in this share now...?

[bmwman3] 18/3/2020 11:13

Cracking buy In opportunity! Great price.

[moreearl] 12/3/2020 09:31

N13518 - have you not noticed the markets recently? FTSE down from 7700 to 5500, Dow from nearly 30,000 to 23,500! Everything is dropping Regals not special so it will drop with the market

[officerdigby] 09/3/2020 19:18

Surely renegotiate the buying of assets now. RPT have cash can buy things cheaper. Silly not to.

[n13518] 04/3/2020 23:18

Has Regal Petroleum caught Coronovirus too? It's been losing value and sliding towards obscurity again. Any reasons for the recent big drops?

[maloneyt] 03/2/2020 11:33

Lets hope so bo90. It has been a long FIFTEEN YEARS wait. One step forward and ten back !!!!

[bo90] 31/1/2020 21:49

biggest volume traded today for a long time. something is kicking off and although i'm not a holder anymore o hopeit's northwards and onwards

[officerdigby] 18/1/2020 18:21

5x90000 cubic meters gas = 5x544BOEPD = 2720BOEPD.

A useful additional flow when price starts going up.
This probably a plan over next couple of years.


Possibly the big driver will be proving up the acquisition and getting Large P2 oil and hopefully high oil flow rates.

[mavs] 17/1/2020 19:55

Ukrnaftinvest holds licenses for the development of Beloliskiy and Alibeysko-Trapivskyi oil and gas fields in the Odessa region.
According to the AMCU, Novinsky's companies were allowed to buy Ukrnaftinvest shares, which would provide it with more than 50% of the votes in the highest governing body.
In November, Regal Petroleum, in which Novinsky controls 82% of the shares, announced an agreement with the owners of the concern Lydia Chernysh and Bolaso ​​Investments ltd Leonid Kozachenko. At the same time, the amount of the agreement on the repurchase of all shares of Ukrnaftinvest was called - $ 40 million

[mavs] 17/1/2020 19:43

Novinsky's company plans to drill five wells in the Poltava region 16/01/2020.see oilpoint.com use goggle translate.seems the proposed purchase as previous rns regarding oil producing assets going ahead on another article on the site

[moreearl] 10/1/2020 16:50

Market cap nearing cash holdings! Good to see most of it in Dollars/Euros/Sterling too. On paper looks mega cheap, but need progress on halted well as this is adding to the scent of corruption surrounding this stock...

[maloneyt] 10/1/2020 13:50

Good update out today with an increase in production on all fronts. Lets hope it will be reflected in the share price from now on

[bill hickman] 10/1/2020 11:29

Buystock still posting links to your twitter ramping handle.

How many twitter ramping handles have you got buystock ?

[moreearl] 02/1/2020 16:08

Honestly - I still have a holding here, but I'm inclined to agree with BO90. All the bid premium is now out of the price, so you now have to buy or hold on the basis of capital growth or dividend payments. The latter isn't forthcoming as the company thinks they can better spend this money than we can. The capital growth will only arrive if they are squeaky clean and Ukraine stabilises. Basically a big ask!

I'm happy to hold as this MAY of course happen...!

[bo90] 31/12/2019 15:20

no hope any more....pinczuk has legged it has he not? odessa most corrupt area in ukraine, i can see the cash pile vanishing

[mam fach] 31/12/2019 13:02

We all live in hope.
Can't believe that it's fallen to this level.
Predicting turnaround will be swift.

[n13518] 27/12/2019 18:50

Any predictions for 2020 anyone? Could 2020 be the year of RPT. I certainly believe so.