Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Sep 18, 2014 7:44pm
102 Views
Post# 22950219

RE:RE:RE:House #200

RE:RE:RE:House #200Acumen keeps buying a few thousand every day.

Unless they complete an asset sale, Its probable that they will need to do an equity raise for their fall development program for re activating their 10 or so wells that need reworking.

Or, an asset acquisition.
If it is the latter, it's almost certainly will be adding more downstream assets such as another gas processing plant.
Downstream assets are low risk cash cows with a bright future in Argentina given the oncoming massive shake gas development.
Visiting Argentina in Oct makes little sense unless to inspect / complete DD on a forcussed acquisition.
<< Previous
Bullboard Posts
Next >>