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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 Sep 18, 2014 7:44pm
107 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.
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