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Bullboard - Stock Discussion Forum
Primera Energy Resources Ltd
V.PTT
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Bullboard (TSXV:PTT)
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(0)
•••
CalifDreaming
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Post by
CalifDreaming
on Dec 02, 2010 2:48pm
Market belatedly waking up...
Surprised to see it's taken so long to move up a few pennies considering the near term re-rating potential of this play. Financials remain solid, if uninspiring.Hoping for a nice wet Xmas
...more
(31)
•••
DocPat
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Comment by
DocPat
on Nov 25, 2010 8:39pm
Nice call Riotact! Press Release Below
Primera Energy Resources Ltd. (TSX-V:PTT) Releases Q3-2010 Financial Results PORT OF SPAIN, TRINIDAD & TOBAGO and CALGARY, ALBERTA, Nov 25, 2010 (Marketwire via COMTEX News Network
...more
(31)
•••
DocPat
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Comment by
DocPat
on Nov 25, 2010 4:38pm
RE: RE: RE: Snowcap test permits - December test..
You must think the Parex guys are a bunch of Local Yocals .. No way they farmin on PTT Public and PTT Private for the potential of roughly half of a 500 bbl/d well .. These wells cost $8 million each
...more
(0)
•••
Riotact
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Post by
Riotact
on Nov 25, 2010 2:02pm
Quarterly Financials due next week !
Guys, In addition to the "homerun potential " of the Snowcap and Firecrown wells in Cory MorugaPTT has been drilling infill wells in the Grand Ravine area of Trinidad where
...more
(0)
•••
CalifDreaming
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Comment by
CalifDreaming
on Nov 25, 2010 1:30pm
RE: RE: Snowcap test permits - December test...
Hold your britches partner. I've heard 500-2000 boed per well is expected range if successful. PXT would be lucky to see $1 absent some really phenomenal results.
(31)
•••
DocPat
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Comment by
DocPat
on Nov 24, 2010 9:24pm
RE: Snowcap test permits - December test...
Now THAT'S what I'm talkin' about!! :) .. With only one month left in 2010 there is just not enough time to test both wells in 2010 .. Parex is a professional group and they're not
...more
(0)
•••
CalifDreaming
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Comment by
CalifDreaming
on Nov 24, 2010 5:27pm
RE: Snowcap test permits - December test...
Could be a very interesting Xmas and New Year for PTT shareholders...
(0)
•••
CalifDreaming
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Post by
CalifDreaming
on Nov 24, 2010 5:25pm
Snowcap test permits - December test...
Parex released Q3 and"Trinidad Exploration UpdateDuringthe third quarter the Snowcap-1 well on the Moruga Block (Parex 50percent working interest) was drilled to a total measured depth of 8
...more
(0)
•••
dano12
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Comment by
dano12
on Oct 21, 2010 11:53am
RE: Hey Doc and Dano !
Hey Riotact,Welcome to the forum.Yes it has been a long wait but hopefully they get approval soon for the testing.Limited downside as the existing reserves are worth $.30/sh and the Moruga wells can
...more
(0)
•••
Riotact
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Post by
Riotact
on Oct 19, 2010 8:40pm
Hey Doc and Dano !
May I join the board !I noticed the Parex Resource NR today stated that the environmental approvals have not yet beenreceived from the Trinidad Govt with respect to testing the Cory Moruga wells.
...more
(31)
•••
DocPat
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Post by
DocPat
on Sep 01, 2010 10:16am
Whats Not to Like :)
This is looks good! :)Working Capital Surplus: $3,620,498Revenues From Sales Up 37% to $3,403,994G&A Costs Down 19%Operating Costs Down 9% 11 Low Risk Development Locations Ready To Be
...more
(0)
•••
dano12
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Comment by
dano12
on Aug 27, 2010 1:04pm
RE: The Doctor Likes :)
Hey Doc,Good to see someone else following this stockYeh hopefully flowrates will push the SP along, or at least draw some attention to it.Trading is slow but hopefully test rates look good and get
...more
(31)
•••
DocPat
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Post by
DocPat
on Aug 27, 2010 11:12am
The Doctor Likes :)
Looks like both the Snowcap-1 well and Firecrown-1 well have hydrocarbons :) .. Wet gas = condensate = high rates of light oil production .. Nice ;) Also like the designation of
...more
(0)
•••
CalifDreaming
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Comment by
CalifDreaming
on Aug 18, 2010 10:08am
RE: Production ...
The market understands full well. 300 bpd is before 51% royalty and taxes on current production. And with $71.46 bbl ave in Q4, operating netbacks were a pathetic $10.25 bbl - from that
...more
(31)
•••
DocPat
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Post by
DocPat
on Aug 17, 2010 1:58pm
Production ...
I don't think the market understands that this company has existing production of 300 barrel/day .. WITHOUT either of the High Impact Cory wells coming in! NAV has to be close
...more
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