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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

Post by westcoast1000on Jul 14, 2014 4:15pm
142 Views
Post# 22744053

Argentina=Big country, needing gas and oil

Argentina=Big country, needing gas and oilWatching the world cup, I was reminded that Argentina is indeed a large country that is in great need of domestic oil and gas, with excellent reserves but an underdeveloped petroleum sector, due in part to the former administered pricing scheme.

I am also reminded we have a great prospect here, with strong cash flow from the gas plant with which to rebuild wells and drill new ones.

I have decided to forego trying to secure a whole one percent of the shares, and will make due with over half a percent. Again, I had to boost the price notably to accumulate.

WC
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