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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 groundpounder2on May 19, 2014 9:35pm
238 Views
Post# 22576441

RE:RE:Apr 25 2014 Oil and gas annual disclosure filing by Rpt

RE:RE:Apr 25 2014 Oil and gas annual disclosure filing by RptAs I have mentioned before I believe that the minimum Management would accept is $.13 which is what managment and insiders paid initially.  Having said that I don't think the company is for sale.

They will look for a JV for the Longreach project.  Any cash that is generated from processing gas I beleive they will take out of the country.  Although I am not sure if they can.

I also believe that theVP  of Exploration who recently left knew where the company was headed. They may have the partner they want and that partner will do all the exploration.

This is speculation on my part.
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