This looks a very good bet? Mentioned in the share magazine.

An update is well overdue....movable oil discovered in the exploration well (very good sign), but might not be in commercial quantities....but the other wells should be fine...if this is what happens sp might not drop by much....any success in the former and I would expect a 10p increase in the sp....though I might be clutching at straws...and knowing my luck....anyway we shall see....overall looks like a Russian Nighthawk !.

Great update...market reaction.... : sp drops....really I fail to understand why these things happen...oil at an all time high, 4000 barrels of oil by end 2009 (not that far away), 12000 barrels by 2012....a little undervalued perhaps...(by a mile)...what does the market want ? a miracle ?.

Ludicrous drop here...but what can you do if the market doesn't like the update !, well.... down the sp goes and I am staying in..., if this company delivers and so far to the best of my knowledge is doing so...this should go above 50p on production or the run up to it...and if it ever produces 12000 barrels per day then it should be way above 100p....!.

Good right ups in Shares magazine...undervalued !.

Another step in the right direction !.

Finance arranged - $80m - Road block removed.

Yes oilwatch...this is starting to tick all the right boxes....things are moving quickly....sp is a bit slower....this should be double what it is now !.

Funding completed....no doubt this will come right....4000 barrels per day in a year....climbing to a possible 14000 in 2012...reminds me in production figures of Emerald Energy.....they are not there yet (in market cap) size, but the signs are there.The next step will be to bid for another licence....PTR will come right in time...for me : good one to tuck away...shame the market doesn't push the sp up...but it will in time !.

More good news....when on earth will this ridiculous market recognize this stock ?.....there is seldom any bad news ever here....and yet the sp will not climb...next year this will be a mid-cap aim oil producer and nobody wants to know !.

Another good deal by PTR...this has just got to go higher !.

Chart indicates a breakout for ptr and monday stipulates this action is evident for ptr.40p.

5 producing wells now....and more to come...the Russian Nighthawk !.

Very good news and the SP has reacted accordingly so far today.

Due for a rebound, project back on track soon with rising crude ? Rns coming ?, if oil rises above $50, I would like to think so. !

Wakey..wakey !...660 barrels per day and rising and directors buying....!.

Is a transfer from father to son a big deal????

No, but the father bought them !.