Ruspetro Share Discussion Threads

[proj] 23/5/2012 23:36

So, RPO posts profits up 28% and the price goes nowhere. Same sort of story for E2V and many others. What stupid general market we're in right now.

[mechanical trader] 17/5/2012 13:57

RPO RUSPETRO


Outlook

RusPetro's progress with surface infrastructure and drilling rig mobilization has given the Company the execution capacity necessary to meet its 2012 drilling and production targets. With four rigs currently in operation, RusPetro is now drilling wells at a significantly faster pace than in Q1. This pace will accelerate as the year progresses. The Company is confident that it will deliver on its target of 24 wells to be drilled by the end of 2012 and that it will achieve its 2012 year end production target of 10,400 bpd. Q2 production progress will be reported mid-July, 2012

Read more:

[proj] 17/5/2012 09:00

Mc. I know what you mean, but the fact that it's been blue amongst the sea of red will get noticed....and the value WILL shine through. ATB.

[mcpaulas] 17/5/2012 08:55

Another one with great news but snuffed out by the market again

[proj] 17/5/2012 08:45

Great news all round....roll on £7.50! GL all.

[mechanical trader] 17/5/2012 08:10

RPO RUSPETRO

SUPERB REsults and outllok statement.....

HIGHLIGHTS

· Reserves increased

o proved oil reserves up 10% from 157m to 173m barrels
o proved and probable oil reserves up 7.5% from 1,437m to 1,545m barrels

· Revenues up 28% from Q4 2011 to $19.2 million; up 447% from Q1 2011

· Four rigs in operation

· Execution capacity expanding with key team additions in drilling, geosciences, engineering and operations

· 3 Wells now testing on Pad 1 in the North East of the field producing 51 API oil which is selling at a $9/bbl premium from the wellhead; treatment facilities being fast tracked

· Year to date average production of 4,000 bpd

· Three new wells scheduled to be completed in May

· On track to achieve production guidance of 10,400 bpd by the year end

· Strong progress on infrastructure build-out

· Inclusion in FTSE 250 index as at the end of March 2012

[acefromspace] 17/5/2012 07:56

Looks good to me. lowering cost, upping production. Might get lost in the current market but in time true value will come out if they keep this up.

[nw99] 17/5/2012 07:35

Nice solid lot of results and progress being made. A lot of drilling to come no wonder the brokers have such high targets

[nw99] 16/5/2012 10:42

Yes Tax change will help stock to appreciate hopefully

[malcolmmm] 16/5/2012 09:20

tax regime has changed, apparently much more favourable

[nw99] 16/5/2012 09:19

750 broker target

[nw99] 16/5/2012 09:18

EK says buy a few days ago looks like the bottom

[mechanical trader] 16/5/2012 09:17

Hey Up.......

whats going on here.

Cant find any news???.

Anyone? even you Pierre.

[proj] 10/5/2012 15:38

Well done on your top ups yesterday, MT.

[turborock] 10/5/2012 13:14

looking better

[mechanical trader] 10/5/2012 11:06

Look out here we go again.

MMS knocking us down again even when
demand is stronger than supply.

-astards.

[acefromspace] 09/5/2012 22:05

Nothing has changed just market sentiment off the back of the greek and french elections. The whole market is tanking. If the board can prove they can keep increasing production as they have said they will then this could hit broker targets as more people and institutions will invest here.

[sidebp] 09/5/2012 19:38

Funny few days with this one, lots of movement on no real news - people dropping out due to disinterest following previous ramping perhaps?

I'll try and stick it out providing I don't get shaken out - ideally until the AGM in June (bought @ 2.08).

Nervous few days to follow...

[proj] 09/5/2012 18:34

MT, glad to hear such confidence mate! I'm in here for the long term too. ATB all.

[pierre1000] 09/5/2012 17:30

MT
FO 'please' would have been nicer !

[mechanical trader] 09/5/2012 14:55

Edit sorry 7th tranche.

[mechanical trader] 09/5/2012 14:47

And by the way Pierre its my
5th tranche.

Hows NTA doing by the way? smiling.