Rose Petroleum Share Discussion Threads

[neo26] 30/8/2018 22:15

Judi

He maybe, this is his last chance, if he f's this up then its over for him.

He is saying permits in q3, drill by end of 2018, so funding which is farm in by the end of the year.

Lets see if he fulfills those aims.

Idien has said many parties are interested in the project lets see if he is lying.

[euclid5] 30/8/2018 22:12

was it circa $8m for the cost of their first drill - placing or farm out required to cover this

[cmackay] 30/8/2018 20:44

JJ I think financing may well be a poor terms deal, as you say. It's a very low mcap even taking the financing into account though. A lot of upside surely? Bwtfdik :)

[judijudi] 30/8/2018 19:04

How are they going to finance anything without a poor terms White Knight, a poor terms loan or monsterous dilution?

[cheeky13] 29/8/2018 15:24

many thanks neo.

[neo26] 28/8/2018 20:09

cheeky

We are expecting another cpr which will include all clastics(zone) in the surveyed area, the last cpr only showed clastic 21 and showed NET to Rose 2C 12.25mmboe with pre tax npv of $122m for rose net.

Yet the mkt cap is extremely low, 3.7m.

The first drill target is gvu-29 which is ONLY 300m-400m away from a producing well from a competitor. Clastic 21 has proven oil...

Plenty of newsflow within 4 months.

[cheeky13] 28/8/2018 13:52

On that news about the permits, I will be topping up again.

[neo26] 28/8/2018 12:39

Nothing yet..At the moment concentrating in Utah to drill well within the next 4 months.First drill target is 300m/400m away from a producing well in the clastic 21 zone.

[judijudi] 28/8/2018 11:37

Whats happening in Cuba?

[neo26] 27/8/2018 20:43

Prior to submitting the APD(permit application) considerable preparation work has to be done, the drill design and engineering, arch and pateo etc, reports, surveying pad and access roads to site. The BLM then visit the site prior of submitting the apd. Once all this is done apd can be applied for, the waiting time for receiving permit under the Trump admin has significantly gone better. Last week Graphitech(lse board) mentioned he spoke to someone in Utah and they said if all paper work in place permits can be issued within 3 week.

The first well we will be drilling is the GVU-29, the apd was applied for on 11th July, so one can speculate permit is imminent, i mean imminent, most of the work for the permit was done prior to applying for apd.

[neo26] 27/8/2018 20:42

3 permits applied for.. Type in rose on top left in the link below, GVU-29 permit applied for on 11th July, should be with us imminently. The other two on Aug 13th.



Early sept we should hear about GVU-29 APD(permit). Interesting times.....

As Idien said on the 19th June

"We are delighted to announce the appointment of Cantor Fitzgerald as financial adviser and joint broker at this transformational time for the Company..."

[neo26] 19/8/2018 23:48

Dont forget cpr only looked at one zone, clastic 21. Plenty of potential to increase resource.Permits news soon, jv news soon.Multibagger...

[neo26] 19/8/2018 23:45

Cpr came out in june, 17500acres was surveyed out of 80000 acres. Third party cpr indicates that rose has 2c resource of 9.25mmbl oil and 18bscf gas just in 20% of asset.Mkt cap 3.7m bargain....

[neo26] 16/8/2018 13:40

Some good news to move this in right direction.Looking really cheap if you look at the recent cpr release.

[judijudi] 14/8/2018 22:07

What’s happening in Cuba?
That was the next big thing

[still waiting] 08/8/2018 20:42

Have they gone back into sleep mode ?

Unbelievable.

[abergele] 04/8/2018 22:36

what made us jump the last half hour from a negative position ?

[still waiting] 02/8/2018 12:24

New coin link worth 150 added to header.



250 coins with this link.

[cmackay] 01/8/2018 22:58

If any major with the funds to cover opex was to buy in it would completely turn around sentiment here. This price with the projects on board says to me that the market is saying 'show me how you are going to get all that ready for sale'. O&g has seen all the easy plays go, tech advancement has made the more tricky plays commercially viable and poo over 70 helps, but majors need to keep looking for the minnows to do the groundwork and team up for the PSC. No guarantees in this sector but I can't see how this wouldn't get the attention of the majors.

[still waiting] 01/8/2018 18:01

Wow, what would that be worth ?

[cmackay] 31/7/2018 22:43

If BP were to farm in with us that would be game set and match.

[still waiting] 30/7/2018 17:17

There's the big buy.

1.1m

Nice

[still waiting] 29/7/2018 19:09

Never watch vox.

I just follow the rose Twitter feed.

[itsriskythat] 29/7/2018 19:03

I follow Vox Markets blogs where Peter Curtain is paid by Rose to post these links .. the same ones you've been posting here.