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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by TheRock07on Feb 11, 2014 12:51pm
165 Views
Post# 22196046

RE:RE:RE:RE:RE:RE:RE:RE:move

RE:RE:RE:RE:RE:RE:RE:RE:moveYou make the cogent case.
I have looked at the asset value here and it always comes out above  $15 million or 3 cents per share.
Those 1P reserves have got to be worth something too.

The advancing denouement seems to be a complete sale of all assets.
The follow-on move is not yet clear, but the quality and experience of management suggests acquiring producing properties elsewhere.

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