PapalPower
- 13 Jul 2006 04:19


Web Site : http://www.petrolatinaenergy.com
SUMMARY of PELE as of 24th Jan 2008, please see post 190 on page 10
Link to Page 10 of posts
Big Ted
- 28 Feb 2007 14:03
- 132 of 369
was tempted earlier at 24p for top up, but decided with all going on may see what the rest of the week brings...
PapalPower
- 03 Mar 2007 06:50
- 133 of 369
Should be an interesting week ahead, we are due the reservoir update from Serafin, this week, I would guess very latest week after next.
Lets hope its good news and to the top end of historical forecasts.
For more info on PELE and the latest updates, its at the link below :
http://www.esnips.com/web/PetrolatinaInfo
PapalPower
- 06 Mar 2007 07:12
- 134 of 369
Well, news today.
14 mmscfd (14 Mscfd) is equivalent to 2,333 boepd (it will slow down as the gas is extracted, but a commencing rate of 2,333 boepd (1,166 net to PELE) would be very nice for the bank account).
Lets get this nice little earner cashed in and money in the bank a.s.a.p.
PapalPower
- 12 Mar 2007 07:26
- 135 of 369
Seems a very good appointement !
Petrolatina Energy PLC
12 March 2007
PETROLATINA ENERGY Plc
www.petrolatinaenergy.com
APPOINTMENT OF CHIEF EXECUTIVE OFFICER
PetroLatina Energy Plc ('PetroLatina' or the 'Company') an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce the appointment of Rudolph Berends as Chief Executive Officer with immediate effect.
Rudolph was previously CEO for Mercantile International Petroleum, Inc, an oil & gas company with assets in Colombia and Peru. Whilst at Mercantile he transformed the business from debts of US$65m to having strong cash flows and operating profits. Rudolph successfully sold Mercantile in a private sale in early 2006.
Between 1997 and 2001, Rudolph was the President of Preussag Energie Americas, the German oil and gas exploration & production company, where he was responsible for the company's upstream oil & gas activities in Latin America, US and Canada. The company was sold to OMV, Central Europe's largest oil and gas group, in late 2001.
Having started his career as an explorationist with Shell in the early 1970's, Rudolph has built up over 34 years of experience in the oil & gas industry, 15 of which have been spent in South America.
Rudolph, a Dutch national, holds a Doctoral Degree in Geophysics and Bachelor Degrees in Geology and Finance.
Greg Smith, Executive Chairman of, PetroLatina Energy Plc, commented:
'We are delighted that Rudolph has agreed to join PetroLatina as CEO. He not only has a significant amount of relevant experience in oil & gas exploration, development and production in Latin America, he also has a solid track record of successfully developing and growing oil & gas businesses. PetroLatina has a combination of strong revenue streams from oil & gas production and the RZA pipeline as well as some exciting exploration and development prospects. With the addition of Rudolph and the experience he brings to the Company we look forward to the future with confidence. '
oilyrag
- 12 Mar 2007 07:35
- 136 of 369
Hi PP, new company on aim today, Nighthawk energy, worth a look.
mikeylad
- 13 Mar 2007 17:17
- 137 of 369
Petrolatina Energy PLC
13 March 2007
PetroLatina Energy Plc
("PetroLatina" or the "Company")
Holding(s) in Company
The Company was informed on 12 March 2007 that Credit Suisse Securities (Europe)
Limited is interested in 5,283,400 ordinary shares in the capital of the
Company, representing 4.63 per cent of the entire issued ordinary share capital
of the Company. Credit Suisse Securities (Europe) Limited holds these shares as
legal owner for the benefit of Millennium Global Natural Resources Fund Limited.
For further information, please contact:
PetroLatina Energy Ian Refault, Chief Ianrefault@petrolatinaenergy.com
www.petrolatinaenergy.com Financial Officer +44(0)2072974360
Pelham Public James Henderson James.henderson@pelhampr.com
Relations +44(0)2077436673
Charles Vivian Charles.vivian@pelhampr.com
+44(0)2077436672
This information is provided by RNS
PapalPower
- 21 Mar 2007 13:50
- 138 of 369
RAB up and Alliance a new major holder.
Petrolatina Energy PLC
21 March 2007
PetroLatina Energy Plc
('PetroLatina' or the 'Company')
Holding(s) in Company
The Company was informed on 20 March 2007 that RAB Special Situations (Master)
Fund Ltd is interested in 22,989,602 ordinary shares in the capital of the
Company, representing 20.17 per cent of the entire issued ordinary share capital of the Company. Credit Suisse Client Nominees Limited is the registered holder of these shares.
The Company was also informed on 20 March 2007 that Allianz SE is interested in
5,615,385 ordinary shares in the capital of the Company, representing 4.93 per
cent of the entire issued ordinary share capital of the Company. Dresdner Bank
AG is the registered holder of these shares.
PapalPower
- 23 Mar 2007 10:23
- 139 of 369
Petrolatina Energy PLC
23 March 2007
PetroLatina Energy Plc
('PetroLatina' or the 'Company')
Holding(s) in Company
The Company was informed on 20 March 2007 that Artemis Investment Management Limited is interested in 9,000,000 ordinary shares in the capital of the
Company, representing 7.89 per cent of the entire issued ordinary share capital
of the Company.
annie38
- 23 Mar 2007 16:23
- 140 of 369
P.P. How do you rate this share at the moment ?, especially in view of the recent institutional buying which you have highlighted. Would welcome your valued opinion.
Kind regards.
PapalPower
- 24 Mar 2007 02:10
- 141 of 369
annie, it is very cheap imo, however you need to be patient. All being well in around 18 months this should be through 75p levels, it might happen sooner, it might not, however given the business they have, I do class them as highly undervalued, however, its going to take time to sort that out, the market needs its confidence rebuilt, and the new CEO appointement is a good one imv, this is the kind of man needed at the helm.
annie38
- 26 Mar 2007 09:55
- 142 of 369
P.P. Your thoughts are very much appreciated. I am at present , frankly far too heavily exposed in CHP (edge of seat stuff at the moment) and considering diversifying into something a LITTLE less risky. i.e. producer.
Kind regards.
PapalPower
- 26 Mar 2007 10:08
- 143 of 369
ok annie, good luck with CHP in the interim, I know it can be very nervy at drilling times.
silvermede
- 26 Mar 2007 10:13
- 144 of 369
annie38 & PP, have a look at HAWK, already producing gas, drilling for more, extending their licence area, US based, established customer demand, own their own rigs, quite compelling. Shouls also have regular news flow. I'm sorely tempted. But DYOR.
PapalPower
- 26 Mar 2007 10:58
- 145 of 369
silvermede, I have looked, however to me it seems fairly valued for the ongoing work, and also the problem of lots of stockholders sub 5p, who are not locked in and can sell for very big profits now, if they wish. This is likely the reason so far its done nothing special imo.
Nothing bad, just does not appear too attractive to me so far........
IMO :)
oilyrag
- 27 Mar 2007 08:29
- 146 of 369
pp, what do you make of 40 shares at 23.25p just traded total 9.30 before fees.
PapalPower
- 27 Mar 2007 09:17
- 147 of 369
Very strange.........but sometimes these trades do get reported. The odd 1 off share is often for those buying the certificate to frame it.
A 40 off ? Strange number.
silvermede
- 19 Apr 2007 20:57
- 148 of 369
Petrolatina Energy PLC
19 April 2007
PetroLatina Energy plc
('PetroLatina' or 'the Company')
Directors Shareholding
In accordance with Chapter 5 of the Financial Services Authority's Disclosure
and Transparency Rules, the Company was informed on 19 April 2007 that Gregory
Smith, a Director of the Company, is interested in 2,000,001 ordinary shares,
and Taghmen Ventures Limited (a company in which Gregory Smith has a beneficial
interest) and connected parties are interested in 12,850,000 ordinary shares,
collectively 14,850,001 ordinary shares in the capital of the Company,
representing approximately 13.46 per cent of the Company's issued voting share
capital.
PapalPower
- 10 May 2007 14:49
- 149 of 369
To be fair to be fair I am going into "Hold" mode on this one now. No adding at sub 20p.
The departure of JJ Scott so soon after Nick Gay suggests there may be some issues to me. We also have the 2nd PDN payment which although its hoped will be debt, we cannot rule out as yet equity placings. On top of that the new guy is in, and he will no doubt be looking at 3 years time, which means for his first results you would expect a kitchen sink job (as in everything but). Therefore, I will just hold and observe and not add, the long term I think will be fine, just the Scott departure on top of Gay is a little too much perhaps ??
In the meantime I will add AST, IPL and CDL (and no PELE for now)
PapalPower
- 18 May 2007 05:23
- 150 of 369
Well, I have been bearish on PELE for some time now, and now have no further holding in them, after abandoning the hold.
I may decide to buy back late summer, or may not, but for now, the situation at PELE is unclear, and I am very concerned by the "ex-Bitech" boys departures and what it may mean.
I may be wrong, and so, good luck to all who hold.
belisce6
- 21 May 2007 12:50
- 151 of 369
i think that if ever there was a good time to buy, then now or soon will be it.....
the new CEO has taken out the broom, now it's a matter of them being able to develop the Columbian production assets, so that they get about 1,000 to 1,500 bopd.... then do the exploration drilling, whilst waiting for more oil to flow through their pipeline.....