poor_teacher
15 Feb 2018
Re: Presentation OhtaxesI think you may be referring to this announcement last August? Which I thought had been completed; see below.ArgentinaArgentinian production is currently limited by the significant ongoing infrastructure works at the Concession including installing five new surface pumps, photographs of two of which can now be seen on the Company's Twitter feed, lifting and cleaning out of existing downhole pumps, laying of production lines prior to hooking up new producing wells and the commissioning of two new water disposal wells to handle increased water generation arising from the new production wells. All these works are expected to be completed during September.Which was followed by this one at the end of September...The successful now completed workover program at the 35 year Puesto Guardian Concession, Salta Province continues to grow production with the well-stock having individually demonstrated capability to produce 1,200 bopd in aggregate.So all done at PG for the time being and more focussed on the higher bopd attainable from PF. Optimistically looking forward to the announcement due soon.At this price recently (10.1) and the potential clarification of the current workover and bopd from PF, it would be a strong buy from me looking for a short term upside roughly around 25 %. Longer term who knows but your right that clearer communication of the farmout process might be helpful.
Ohtaxes
14 Feb 2018
Re: Presentation No idea as to what will shift this;-Due Feb op update-What ever happened with those Chinese pumps at PG-What's happening with the farm-out process ? Have they a timescale? Have they anyone with slightest interest (doubt it)Zzz zzz.......
Nice to Michu
14 Feb 2018
Re: Presentation Impressive presentation indeed Dilbert and thanks for posting. Ironic that the s/p is down approx. 20% from their beginning Feb. graph s/p number. Even accepting that oil is off 10% that is surprising, disappointing and poor imho. Illiquidity is a big factor here imho: regular small volumes of sells against little buying appetite in a down volatile market has a magnified effect; speculators trading on margin get auto stopped out by the likes of IG and on top other non margin stops also being taken out has us where we currently are. (still disappointed it didnt tick back up this when as US macro situation calms down.. plenty similar others of mine that gapped down have got at least some back.. this hasn't.. so far, at least) More positively, recriprocally, illiquidity could mean a decent rally quickly turns into a significant one .. here's hoping !
Dillbert
12 Feb 2018
Presentation I'm surprised more hasn't been made of this[link]
Nice to Michu
07 Feb 2018
Re: Schroder Increase Stake I agree Southmead that this looks a good bet and indeed an even better one now after, understandable in the circumstances, weakness yesterday (although the fact its down again today when most all my others oilers are catching some of yesterday's losses back up is pretty surprising to me )With - as you well point out - the little amount of these in 'free float' the s/p can absolutely go up quickly on good demand.. but I'm surprised that more demand has not being forthcoming already, not least when Schroders are buying more... that buying creating demand in itself and creating good noise that should encourage other demand.. but it hasn't so far, indeed it has found ongoing willing sellers.. so I'm more than a little disappointed with whats currently occurring here... hopefully a short term thing only ..
Southmead
03 Feb 2018
Schroder Increase Stake This is good news for President shareholders. A real demonstration of support and belief in President Energy and its investment progress and potential.The shares are tightly held by only a few with a 28% free float. When the company reports in the short term, success with the current work overs, the SP will rise substantially and Schroders know this. Retail investors just won't be able to get on board. You see.Here is an extract from the Share Register....Large Shareholdings The company has been informed of the following holdings (which will also be included in the list of interests below).PLLG Investments Ltd29.9%Schroders Investment Management14.0%International Finance Corporation11.7%Michinoko Limited8.9%JP Morgan Asset Management Holdings Inc8.8%
Dr Winterhall
19 Jan 2018
Re: Buy at 11p in Shares mag yesterday Have we seen any update on target prices?
BeaglePup
19 Jan 2018
Buy at 11p in Shares mag yesterday FWIW:"Latin American oil and gas play President Energy (PPC:AIM) is generating more cash than expected from its recently acquired Puesto Flores field in Argentina.A combination of higher oil prices and a low-risk approach to expanding Argentinian production makes President’s shares look an attractive investment proposition.At 11p the shares are up nearly 60% since we flagged them in April 2017; and we think they’ve got much further to travel.President says Puesto Flores, acquired in September 2017 along with the neighbouring and currently shutdown Estancia Vieja field, is benefiting from a realised oil price upwards of $60 per barrel and the improving production profile.In January President is expected to generate $4.5m from its share of output in Argentina.The company’s 2018 work programme, which is fully funded from existing resources and this cash flow, includes testing on Estancia Vieja, action to lift output from existing wells on Puesto Flores,and development/appraisal drilling in the second half of the year.President chairman and chief executive Peter Levine comments: ‘With all our concessions in Argentina and Louisiana making profitable contributions we continue to focus on growth in shareholder value both organically and through the right acquisitions whilst maintaining our core emphasis on positive cash and margins.’"
Chillyshare
14 Jan 2018
Re: Ops update STONG BUY With regard to your post Mr Ed.....Why were a lot of sellers cleared out yesterday?No comprande
Mister Ed
13 Jan 2018
Re: Ops update STONG BUY Modest 2018 earnings fc of $14.6m and a PE of 9.3 on revenue of $47.5m suggests plenty of scope for a re-rating. I reckon a lot of sellers were cleared out yesterday so I remain optimistic of SP growth in the coming weeks. SP could move very quickly given limited chart resistance below 16p. Certainly one to watch.
Nice to Michu
12 Jan 2018
Re: Ops update STONG BUY Agree that the update this morning was a very strong one, but very dissapointed that the s/p did not tick up considerably more today. With that update and the prices PPC have been making in Jan - $64 approx pb - this s/p should now be considerably higher imho eg 13-14 p range. And 'IF' WTI averages above $60 thru rest of Jan and all Feb. then I expect this to move on up very decently one way or other in coming weeks eg 15p-17p range doable by end Feb. imhoAlso stocks such as these can really motor in short order off the back of range break outs or new Institutional money etc ...so ppc could go up for eg say 25% on a given DAY off the back of monemutem begetting more momentun ( aka the herd arriving )
Mister Ed
12 Jan 2018
Re: Ops update STONG BUY Very positive update. We could see some significant upside if POO maintained.
theprior
12 Jan 2018
Ops update STONG BUY No wonder there was a significant rise in the sp yesterday. People must’ve got wind of today’s ops update which has exceeded expectations. PPC is now hugely cash generative with a fully funded and exciting work programme for 2018.TP STRONG BUY
Moneymaker
10 Jan 2018
Happy new Year i have bought this excellent book on Amazon . Title: DAY-TO-DAY OIL & GAS TRADING AND SHIPPING DELIVERY: INSIDE THE OIL & GAS MARKET . Can someone advise me another book to read thanks
theprior
02 Jan 2018
Sale of non core asset Bit of housekeeping going on. Good move to ensure assets are put to their most efficient use.Also the free cash flow figure is encouraging.Happy New Year 
))TP
