Watch all the Presidents men make this Company sucessful?
(PPC)
chav
- 01 Dec 2009 20:55
www.presidentpc.com
Producing Oil/nat gas from the ELV field/USA....45% of Oil/Gas produced hedged at $100/bbl and $10.90 per mcf)
Drilling ELV.....Suspended until gain consent for sidetrack...casing and wellhead left in for future re entry
3D Seismics have been shot on PEL82 Otway Basin Australia....results are excellant!
PEL 82 Potential resource increased from 150mbbls Oil tooooooo 430mbbls Oil!
Also trading on Plusmarkets
http://www.plusmarketsgroup.com/data.shtml?ISIN=GB00B3DDP128/GBX/PLUS-exn
Looking good Chav only another 56p per share and I'll be in profit!!!!!
Long time from we've seen 80 Chart shows a bit of resistance here. ( I think) Just got into profit in BLVN and didn't think that was going to happen so fingers crossed.
Have held them for years before they crashed Was in profit then and with hindsight should have sold but don't have hindsight and have to fight with myself to cut losses so here we are today hoping to salvage something! - Bring out the violins:-(
Nice little profit taken today just in time for Christmas but will re-invest in New Year when Aussie drilling takes place as this would be the real game changer for PPC
Success in the first drill will under-pin the price ahead of Oz drilling which will make this a very strong buy and as its off the radar to many at the moment there will be chance to buy in whether it falls on news or flys if good.
Back in this morning at 10% lower price than sold, some profits locked in but don't really want to be out for long with drill results soon from Louisiana and then in Oz