Anybody know anything about this....EK is in.....rising, but I don't know a thing about this newcomer....,

Nearly fell off my chair laughing at that! (laughing with you, not at you, rf!)

I've right clicked over the chart but no sign of copy image url

Got to go and do some work...I'll resume this later....

As an aside - I've just realised its probably because I'm using chrome. If you are using IE or other browser, have a look here on how to copy the URL.

You cracked it yet RF?

BRIEF-RESEARCH ALERT-Renaissance Capital starts Ruspetro with buy
29 Feb 2012 - 06:05

Feb 29 (Reuters) - Ruspetro PLC :

* Renaissance capital starts Ruspetro with buy rating; price target of

750P



For a summary of rating actions and price target changes on European companies:

Reuters Eikon users, click on [RCH/EUROPE]

Gone long here. Goes live on monday on FTSE 250 trackers and funds have to buy. One broker has 750p SP target I kid you not. See Individual thread.

RusPetro Operational Update

London, 14 March: RusPetro plc (LSE:RPO), the independent oil & gas development and production company listed on the London Stock Exchange, today provides an operational update. RusPetro's operations are located in the Khanty-Mansyisk region of the West Siberian basin.

Highlights:
· Positive production test results from exploration Well 1004, with significant upside potential

· Well 4158 spudded; a delineation well targeting Lower and Middle Jurassic siltstones at 2760 meters TVD (true vertical depth) near well 1004

· Well 244 drilled to a target depth of 2843 meters, perforated 24 meter interval in the prolific Jurassic UK 2-3 zones

· Well 1036 target reached at 2720 TVD, core being collected in final licence well; casing and testing to follow shortly

· Additional rigs mobilizing in the western and northeast areas of the field

· Infrastructure build-out advancing ahead of schedule

· Ruspetro included in the FTSE 250 Index

Don Wolcott, Chief Executive Officer, commented:
"RusPetro's first six weeks as a public company have been busy and productive. We have had encouraging results from well 1004 in the northeast area of the field. We are accelerating our drilling in the western area and rigging up to drill more in the northeast area. Our infrastructure build-out is advancing ahead of schedule to support our anticipated increased production this year. We are also delighted to be included in the FTSE 250 index."

FTSE 250 trackers to start buying monday.

Post dated 9th march.

lifted from Advfn...........

merrills..
Our sales focus of the day…



Buy RusPetro (75% Upside): Compelling Valuation and Rapid Production Growth



Following Alex Holbourn’s recent initiation of Russian E&P RusPetro, we take the opportunity this morning to add it to our Mid Cap 1 list of most preferred European mid cap stocks. The company is incredibly cheap, trading at US$0.84/bbl on an EV/2P basis, which equates to a 50% discount to the next cheapest Russian & CIS E&P peer under coverage, Exillon. We believe the management to be extremely competent, the asset to be under valued with significant ramp up potential, and now we are past the peak of political risk in Russia with elections all complete, we are high conviction BUYERS of RusPetro.



Why we are BULLISH Ruspetro:

Materially undervalued 2P reserves trading at US$0.84/boe: The company owns three licences containing 2P reserves of c.1.4bn boe, certified by international auditor D&M. RusPetro is currently trading on an implied EV/2P boe of US$0.84/boe versus Russian & CIS E&P peers under coverage trading at between US$1.7-2.3/boe.
Experienced management team: CEO Don Wolcott has a strong track record, having overseen a doubling of production at Yukos where he was Director of E&P Technology and Senior VP.
Rapid Production Ramp-up: Via an accelerated drilling programme of production wells; and the maximisation of individual well productivity and recovery factors via standardised production enhancement techniques, including hydraulic fracturing and waterflooding.
Good level of current production: Current production of 4.5kboe/d has grown >3.0x from a low base in mid-2010, when current management ramped up operations. We have production growing from 7.1kboep/d in 2012E, doubling to 14.3kboe/d in 2013E, and rising again by c.50% to 22.1kboe/d in 2014E.
A play on a more favourable Russian political outlook: The idea is also consistent with our more bullish stance on Russia. Indeed we see post-election protest action peaking on Thursday while strong oil is supportive for a risk on environment which we think leads to a return to inflows into the region.
Potential FTSE All-Share/250 inclusion? We will find out tomorrow evening if RusPetro has made it into the FTSE All –Share. If it has then we estimate c.5.5m shares will need to be bought.

Talk over there of 5.5 million share to be bought from monday onwards.

Credit Suisse initiates coverage of Ruspeto (RPO) with an Outperform rating and 332p target price.

Russia Energy Ministry considers oil export duty cut

http://www.reuters.com/article/2012/03/27/russia-oil-tax-idUSL6E8ER5P320120327

FTSE 250 firm RusPetro (LON:RPO) is the subject of an initiation note from investment bank Credit Suisse.
"We initiate coverage of RusPetro with an Outperform rating and a target price of 332p, making it one of our preferred stocks in European E&P," said analyst Ritesh Gaggar.
The firm has assets in Western Siberia - the largest oil producing region in Russia.
It has independently audited 2P (proved and probable) reserves of 1.4 billion barrels of oil equivalent and plans to increase production from around 4,500 barrels per day to around 96,000 by the end of 2016 and to more than 300,000 barrels by 2027.
Gaggar said it traded at a 43 per cent discount to its risked NAV (net asset value) of 332 pence.

RusPetro Broker Views

Date Broker Recommendation Price Old target price New target price Notes

26 Mar Credit Suisse Outperform 203.90 - 332.00 Initiates/Starts

http://www.barchart.com/cheatsheet.php?sym=RPO.LS

Company website worth a good look.

http://www.ruspetro.com/operations/reserves/

RUSPETRO RPO

BoA ML

First Operational update post IPO completion provided an extremely impressive account on a number of fronts and, as a result, we raise our NAV by 60p(+20%) to 372p. The hoghest-ever unstimulated flow rate from a well on the field has been achieved at 700boe/d, and fracturing could increase the flow rate by 2-3x. Consequently, managment are upping the rig count this year from 2 to 4 rigs - 20 months ahead of original guidance of 2014E - in order to pursue this highly significant occurrence. In addition, the crucial 27km tie-in to the Transneft pipeline in already 81% complete and on schedule for commissioning in May. BoA ML reiterate BUY rec and new PO/NAV of 372p, implying c. 87% upside potential

RPO -- Our infrastructure build-out is advancing ahead of schedule to support our anticipated increased production this year. We are also delighted to be included in the FTSE 250 index.

http://www.rigzone.com/news/article.asp?a_id=116035

RPO RUSPETRO

Just a reminder before results on monday
16th.......

merrills..
Our sales focus of the day…



Buy RusPetro (75% Upside): Compelling Valuation and Rapid Production Growth



Following Alex Holbourn’s recent initiation of Russian E&P RusPetro, we take the opportunity this morning to add it to our Mid Cap 1 list of most preferred European mid cap stocks. The company is incredibly cheap, trading at US$0.84/bbl on an EV/2P basis, which equates to a 50% discount to the next cheapest Russian & CIS E&P peer under coverage, Exillon. We believe the management to be extremely competent, the asset to be under valued with significant ramp up potential, and now we are past the peak of political risk in Russia with elections all complete, we are high conviction BUYERS of RusPetro.



Why we are BULLISH Ruspetro:

Materially undervalued 2P reserves trading at US$0.84/boe: The company owns three licences containing 2P reserves of c.1.4bn boe, certified by international auditor D&M. RusPetro is currently trading on an implied EV/2P boe of US$0.84/boe versus Russian & CIS E&P peers under coverage trading at between US$1.7-2.3/boe.
Experienced management team: CEO Don Wolcott has a strong track record, having overseen a doubling of production at Yukos where he was Director of E&P Technology and Senior VP.
Rapid Production Ramp-up: Via an accelerated drilling programme of production wells; and the maximisation of individual well productivity and recovery factors via standardised production enhancement techniques, including hydraulic fracturing and waterflooding.
Good level of current production: Current production of 4.5kboe/d has grown >3.0x from a low base in mid-2010, when current management ramped up operations. We have production growing from 7.1kboep/d in 2012E, doubling to 14.3kboe/d in 2013E, and rising again by c.50% to 22.1kboe/d in 2014E.
A play on a more favourable Russian political outlook: The idea is also consistent with our more bullish stance on Russia. Indeed we see post-election protest action peaking on Thursday while strong oil is supportive for a risk on environment which we think leads to a return to inflows into the region.
Potential FTSE All-Share/250 inclusion? We will find out tomorrow evening if RusPetro has made it into the FTSE All –Share. If it has then we estimate c.5.5m shares will need to be bought.