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

Good fundamentals and production though, just check it out.

sp at new low?

I think that it is the debt levels that are doing this share in......I cannot believe myself how low this is but it might be that...

rf you may well be right, also they are loss making. will keep watching to see if their performance shows signs of improvement.

next announcement likely 10500 B.O.Pd should underpin price late Jan 2012
in the black 2014 have gleaned from anylist & company statements. High target 350 you all can see this one easely. s/p 24.12.12 £o . 74

Operational Update

London, 4 January 2013: Ruspetro plc (LSE: RPO), the independent oil & gas development and production company listed on the London Stock Exchange, located in the Khanty-Mansiysk region of the West Siberian basin publishes today an update on its operations.

· Current production rate at 6,540 bopd;

· Significant production shut-in continues ahead of early processing facility development completion.

Ruspetro continues to experience slower than anticipated production growth due to additional modifications required to surface field equipment and curtailed well completions in December.

During the second half of 2012, Ruspetro re-focused its drilling efforts towards the condensate rich Palyanovo region of its acreage. Despite prolific wells, a sharply higher-than-expected gas-oil ratio (GOR) and the associated challenges of temperature management have led to technical challenges in stabilising the condensate from the hydrocarbons being produced.

The bulk of the modifications to develop the early processing facility (EPF), including newly installed separators and increased diameter flow lines, were completed on time as previously outlined. However, an additional cooling requirement is needed for sustained gas condensate production. In order to remedy this, the Company designed and developed, and is now constructing, a surface grid heat exchanger to process the anticipated growth in condensate production. This process has experienced an unexpected overrun in completion.

Debt @ 30 june 2012 367,172 thousand as stated in A/C Most anylists targets
way up from present S/p 53 p expect annoucement of 10400 bopd march 2013

ouch!

StockMarketWire.com
Ruspetro said it has decided to postpone a possible issuance of senior secured notes, which was to be used to replace an existing Sberbank loan facility due in April 2015.

"The conversion of the Limolines Transport Limited shareholder loan will not proceed as one of the conditions of the conversion, the successful completion of the notes offering, has not been fulfilled," the company said.

"The Limolines shareholder loan matures in May 2015."

most anylist, dig look ect show in the black 2014. said to have 1.5 Bn barrells in fieldx $ 22 = $33 Bn divide no shares 333 = $ 99 or £60. cost of running this firm
$10 m per mounth = $108 year. rev 2013 as stated 12k bopd $22 = $ 96 m. the black bird sees no pfofit until revenue $ 210 as forcast for 2014 year end.

Lost faith in rpo ,institutions the latest doesent want to stump up the money, must be a rights coming, also i feel the sums dont seem to add up properly for me s/P22.2.13 36p

how low will the sp go? not looking good.

Sadly, history is no help for support level.

StockMarketWire.com
Indpendent oil and gas development and production company Ruspetro narrowed its full-year pretax loss, on higher revenue, and failed to meet its production targets.

Revenue was $76.2 million, from $38.7 million. Pretax loss was $28.1 million, from $88.7 million. The company produced a gross profit of $1.4 million, from a loss of $13.6 million.

"Over the course of the year we have faced some significant challenges," the company said in a statement.

"We are clearly disappointed not to have met our production targets to date but we have implemented a number of initiatives which have had a beneficial impact on the business and led to a positive EBITDA in the final quarter," it said.

"While the development of our field is at an early stage, we have successfully increased our proved reserves base and are developing a significant gas business validated by the recent signature of an Agreement of Intent to supply dry gas with an expected sales value of USD $700million over the period of the Agreement," it said.

"We are currently developing a plan to build production and we are working with our lender to arrange the required financing."

The company's proved reserves were up 35% to 234 million boe at Dec. 31, 2012. This included a 32 million boe increase in oil and condensate reserves and 29 million boe of commercial gas reserves.

Proved and probable gas reserves totaled 153 million boe.

Average 2012 production was up 81% over 2011 at 4,639 boepd

Ruspetro's net debt was $335.9 million. It held $34.4 million cash.

Market not liking it.

Shares up over 40%, this could be the long awaited rebound.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11531354

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11530477

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11530477

That's better I think.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11531354

Up over 10% already this morning!

20% wow.