woodcroft53
11 Aug 2016
Tumbleweed is moving! Any reason for the increase yesterday or will it be dumped again by Monday?
Hunter63
14 Jul 2016
Re: Yawn! There was a thought at one time that this co was a sitting duck for a takeover due to massive oil reserves buried deep somewhere in the arctic.Actual production is relative small but always good to see directors putting their hands in their pockets.Ultimately any punt here is relying on the price of oil rebounding however at the moment this appears to be in a perfect storm of glut and I predict further falls. Check back in again in 6 months.
Daxies
14 Jul 2016
Re: Yawn! Yep, I see we have a new ramper to get us all excited Seisman1 You cannot fool me !Still do not trust them Ruskies
woodcroft53
08 Jun 2016
Yawn! Visions of tumbleweed rolling past
MartinRTucker
11 May 2016
Results Anyone know when the results are due?
Seisman1
04 May 2016
Re: Positive RNS An informative update to shareholders which is nice to see from an AIM company these days.Long term this looks interesting and at current prices is worth a punt in my opinion, hence the weak buy. No strong buy as any oil play is risk in the current market but I like the look of this one at the moment.
MartinRTucker
18 Apr 2016
Positive RNS So they are not going bust...
MartinRTucker
20 Nov 2015
Director dealings Always good to see a director deal!! Nothing but positivity coming through here at the moment,
Seisman1
14 Oct 2015
Urals Energy raises production levels at Petrosakh well Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, has announced that production testing at Well #54 at Petrosakh has been completed.The well is flowing at a stabilised rate of 350 barrels of oil per day ("bbls/day"
. This raises total production at Petrosakh to 1,464 bbls/day, compared with an average of 1,088 bbls/day for the six months ended 30 June 2015 (a 34.5% increase).The company is in the process of demobilising the drilling rig and this will be moved to the site of Well #109, which is expected to be spudded at the beginning of next month.Current production at Arcticneft is 687 bbls/day compared with an average of 689 bbls/day for the six months ended 30 June 2015. Following the recent export shipment, two wells have been temporarily shut to allow for planned workovers and this has led to a temporary reduction in daily production which had reached 716 bbls/day in August.Andrew Shrager, chairman, commented: "The Board are delighted with the initial results at Well #54. We will continue to work towards optimising our current assets, while assessing opportunities for future growth."
Seisman1
25 Sep 2015
Re: Half Year Results There are a lot of companies that really need the price of oil to go up.... Urals at the moment appear to have a strategy in place to survive at current levels. Hopefully the next big movement of the price of oil will be up not down further!
MartinRTucker
25 Sep 2015
Re: Half Year Results I would agree it does look healthy and they are looking to the future. Hate to say it, need the price of oil to go up!
Seisman1
25 Sep 2015
Half Year Results Looking at the summary of the half year results. Things looks to be fairly positive. I'm thinking of buying in here but just starting my research.Its all very quiet on here - what are other peoples thoughts?
nicam
03 Sep 2015
Re: Tanker shipment also more oil shipped than last year and at an earlier date..
MartinRTucker
03 Sep 2015
Tanker shipment Just looking at the tanker shipment figures. (27,00 tonnes) 217,282 barrels. @ $46.12 per barrel = $10,021,045.84 (against loan of $6million)Short term loan for $6mill secured in May on 17,000 tonnes of oil at Arcticneft.So since May they have drilled a further 10,000 tonnes? (3months)Do I see a very good drilling program here? or have I missed something?Could there be some good news to come soon? Possibly a successful new well?Discuss!
woodcroft53
19 Jun 2015
What a Joke! Good try Martin but just another P&D by those in the know trying to get out.Shove it back in the drawer for another 5 years!
