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Petromanas Energy Inc V.PMI

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

Petromanas Energy Inc is an international oil and gas company. The Company is engaged in the acquisition, exploration and evaluation of oil and gas properties in Albania, France and Australia.
Price: $0.075 | Change: $-0.005 | %Change: -6.25%
Volume: 62,300 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.40/0.045
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0 stars

pmi 8 cent tomorrow ?

someone is happy  rate and reply
0 stars

On those conversations, comments and ratings

How can every post of some users have every time the same usefullness/ clarity/ credibility? Come on, guys you can do better here. Show you are profesional and don't mess up with personal opinions...read more
3 stars

The economics, of the furtherance of PMI could be

very complex, because there are a lot of ways that things can go. I am hoping that whatever the new situation might be, that they will increase the capitalization from this meager position. I feel...read more
5 stars

RE:PMI has something called "Goodwill and Real Knowledge" this

You're grasping at straws. Personally, I would be ecstatic if they could just find enough money to hold on to their 25% piece of the project with Shell. Any new project would just add to the dilution...read more
0 stars

RE:PMI has drilled in this theater more than anyone else.

No they haven't. They are just the latest to try.  rate and reply
1 star

PMI has something called "Goodwill and Real Knowledge" this

has a value to any major that they team up with. Its part of the de-risking process that most majors would take into account. For any new venture, with a major I think that equity financing will be...read more
3 stars

PMI has drilled in this theater more than anyone else.

Their experience will be highly sought after by any major, I think it will be Shell. These are very expensive wells and the more experience that can be brought to the well head the better. I think...read more
5 stars

RE:The issue is not whether Albania, would allow PMI to

That's a good question. I can't think of any reason a major would want to partner up with a broke junior on a new project.  rate and reply
0 stars

RE:Majors!! PMI could be part of a group including a major, and

If they had, we already would have heard. Aren't they required to disclose the terms and conditions of any prospective financing in advance of a closing.  rate and reply
1 star

The issue is not whether Albania, would allow PMI to

be a joint venture partner, but rather would a major want PMI as a joint venture partner. If they have a deal with a major that will be good enough for the Albanians.  rate and reply
1 star

Majors!! PMI could be part of a group including a major, and

PMI, could have already sourced equity financing contingent on being selected as a successful bidder along with a major. Given that we have heard nothing, the only thing we know is that the corporate...read more
0 stars

RE:PMI, will definitely be bidding on the free leases, and

One question. Why would anyone want to partner up with us on a joint venture? We got Shell because we already had the lease. What are the odds that Albania would give us another?  rate and reply
0 stars

RE:Majors

I think the government is being very clear that they are looking at majors with deep pockets. When they mention companies who were unable to fulfill their commitments, I can only come up with one name...read more
0 stars

Majors

In March this year, the MEI held “Albania Oil, Gas & Energy 2015,” a two-day event where companies such as Shell, BP, Exxon Mobil, Anadarko, ENI, and Repsol were the special guests. At the event...read more
1 star

PMI, will definitely be bidding on the free leases, and

will probably arrange do a 50/50 deal with a JV partner or 25/75. PMI should have a solid chance given their experience in this theater, I think that the Albanian government would be very happy to see...read more
1 star

This is all very interesting why have you not posted

this before. So, what will the negotiations be all about. I suppose if this is the case, PMI will for sure be a bidder as will Shell. This makes even more interesting, and could possibly allow even...read more
0 stars

RE:RE:RE:RE:The "Data Room" is not closed

Albania’s National Agency for Natural Resources, (AKBN) has issued the invitation for interested hydrocarbon companies to apply for exploration of free offshore blocks in Albania’s territorial seas...read more
0 stars

RE:RE:RE:The "Data Room" is not closed

Both the onshore and offshore blocks are being given away for free. Check here. http://www.offshoreenergytoday.com/albania-calls-for-oil-gas-exploration-bids/  rate and reply
1 star

RE:RE:The "Data Room" is not closed

Good, you have made a valid contribution. However, I expect that the new leases are not going to be auctioned for free. The auction of the leases is an integral step in coming up with a value for PMI....read more
0 stars

RE:The "Data Room" is not closed

Why are you placing so much emphasis on the value of the oil lease auction? You were doing the same thing last year. Do you remember what happened with the 2014 auction? In answer to your question...read more