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Petromanas Energy Inc V.PMI

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  V.PMI.WT | PENYF

Petromanas Energy, Inc., is an exploration stage company. The Company is engaged in acquisition, exploration and development of oil and gas properties in Albania, France and Australia.
Price: $0.07 | Change: +$0.015 | %Change: +27.27%
Volume: 3.0m | Day High/Low: 0.07/0.055 | 52 Week High/Low: 0.40/0.05
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0 stars

RE:What makes me wonder........

Pterodactyl wrote: MNP closed today at 0.115. Their float, with roughly 170 Mill shares outstanding, is considerably smaller than ours with roughly 700 Mill. - and we closed at 0.07, only 0.045 cents...read more
0 stars

RE:Its time to start Speculating about take out PRICE??????????

Does this company have any earnings? I think speculating on a takeover is rather ... speculative. Please elaborate on PMI's underlying fundamental value, because that's the only thing driving any...read more
0 stars

RE:Its time to start Speculating about take out PRICE??????????

stockeditor wrote: I do not pretend to know what it will be, but I do think that $150MM, is as low as it could go. That amounts to 22Cents per share, or a 3-bagger from here. I am just saying!! That...read more
0 stars

What makes me wonder........

MNP closed today at 0.115. Their float, with roughly 170 Mill shares outstanding, is considerably smaller than ours with roughly 700 Mill. - and we closed at 0.07, only 0.045 cents less. MNP currently...read more
0 stars

RE:RE:RE:btw g 40

June 24, 2013 Petromanas amends farm out agreement with Shell and Shpirag-2 reaches total depth CALGARY, June 24, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) today...read more
5 stars

WOW 7 CENTS THANKS GLENN M.

We"ve heard from Glenn M .WE HAVE AN ELEPHANT, A HUGE KITCHEN.IT"S TIME THE MOUSE CAME OUT OF THE HOLE IN THE KITCHEN WALL AND TELL US ABOUT THIS ELEPHANT HE"S SLAYING.  rate and reply
0 stars

Its time to start Speculating about take out PRICE??????????

I do not pretend to know what it will be, but I do think that $150MM, is as low as it could go. That amounts to 22Cents per share, or a 3-bagger from here. I am just saying!! That this is a minimum...read more
3.5 stars

RE:RE:RE:btw g 40

You are mistaken,  the only carried interest remaining is their share (25%) of S3,  up to a gross cost of $42.5 million.  It saves PMI $10.625 million. Look at it this way,  if there was no carried...read more
0 stars

Overview

I found this analyst overview, dated November. As all research done by a third party, I take it with a grain of salt, but think it is a helpful tool in one's own DD. http://www.oilvoice.com/n...read more
0 stars

RE:RE:btw g 40

petromanas is covered for 2 wells to a max of 42 mil on each well .... each well was estimated at close to 80 mil per well ..... if costs exceed then they are responsible for 25 percent of the extra...read more
0 stars

RE:btw g 40

ramstech100 wrote: i m pretty sure they covered up to 42 million on 2 wells  84 approx mil for both ....the wells are 80 million each to drill ....they were covered for half of estimated drilling of...read more
0 stars

For what it is worth, LEVEL 2, shows that we are close to

a breakout, would it not be wonderful. JMHO  rate and reply
0 stars

Thanks to Downgraded

Really good point M. Downgraded. I'm selling my shares right away... OK it's done.... Ouf! I was afraid of loosing all my marble....  rate and reply
0 stars

btw g 40

i m pretty sure they covered up to 42 million on 2 wells  84 approx mil for both ....the wells are 80 million each to drill ....they were covered for half of estimated drilling of wells .... not 25...read more
2.5 stars

RE:RE:BTW Good40

hello you say they sold for 22 million 25 % .... didn t they give up 25 % get maybe the 22 million and also covered for 80 plus million in drilling costs and also covered for sesmic costs wouldn t...read more
0 stars

RE:Warrants

TheLandedEagles wrote: To be quite brief here, as I am busy at the present time and would like to comment briefly on the recent posts, without getting into much detail right now....First of all, if in...read more
0 stars

PMI

I really hope this one go up like ELW . It is a really good stock at a really good price  rate and reply
2 stars

RE:RE:RE:RE:RE:RE:Eagles

Shell pays 100% of gross drilling costs for S3,  up to $42.5 million. That means the value to PMI is $10.625 million.  You can add that to their working capital position so in effect,  their liquid...read more
3 stars

RE:RE:RE:RE:RE:Eagles

The price of a buy-out is not affected by the number of shares outstanding. The value of exploration today is not dramatically affected by the current oil price, since oil prices are volatile and...read more
2.5 stars

RE:RE:RE:RE:RE:Eagles

Curious how this got a Five Star rating when the poster actually said that PMI was for sale.  Most of us on the board here know that if there is a sale, then it will be Petromanas Albainia Gmbh, a...read more