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Pinecrest Energy Inc V.PRY

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

Pinecrest Energy, Inc is a petroleum and natural gas exploration, production and development company, with operations in the Canadian provinces of Alberta and Saskatchewan.
Price: $0.095 | Change: $0.00 | %Change: 0.00%
Volume: 550,600 | Day High/Low: 0.095/0.09 | 52 Week High/Low: 0.61/0.085


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0.5 stars

no spring breakup

You clowns don't know much. There was an ideal spring to summer change. The sector went about work unharmed. They were lucky for sure pry could have been hammered, they are vulnerable to any issue...read more
0 stars

RE:RE:RE:added some @ 0.10

Did they mention any shut in production in the report? If not don't expect much of an increase unless improved water flood?  rate and reply
5 stars

RE:RE:added some @ 0.10

spring break up period, and they still produced over 2k bbl/da we can look forward to increased production in 3rd quarter! glta  rate and reply
0.5 stars

who cares about skin in the game

Oil companies fail all the time. The management always have "skin in the game". That don't matter. Just because management has shares doesn't mean it won't fail silly. Happens all the time, silly...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

Management as we all know have a lot of skin in the game, I still think their egos are getting the better of them, but they have no choice but to straighten this mess out or they are one the. Young...read more
0.5 stars

hillbully

You still don't get it, share assets are junk! No one wants to jv, they have been looking for a transaction for years. It is been shopped around in every way. No takers. Junk,.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

As our price decreases an our options become fewer. It goes to the heart of some of my posts. Is management actively looking for a J/V? Is current management capable of running Pinecrest? Apparently...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

I did miss it. so the damage was done... they are now at about $113M. it seems like they are on  the banks' list of loans to pay attention to. I would not be surprised if a consultant would be   put...read more
0.5 stars

wow such poor understanding here

One guy oftime says he has done enough dd to see a bargain...well it ain't here buddy! If you are talkin pry, then your dd was very very poor indeed. As the previous poster showed and I told ya about...read more
0 stars

RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

They've already cut the line of credit at quarter end to $115m.  It was already reduced from $165 at the end of 2013 and now reduced further.  They keep getting an extension so that they can prove a...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

As long as the company does not need a recapitalization, the share price is a psychological  issue mainly (as long as you do not sell...).  If I were the company, as soon as the production is proven...read more
0 stars

RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

ofirme, Between what I mention and what you mention. Maybe investors will have a fighting chance. I have been averaging down also. I worry most about our line of credit being cut. It would leave...read more
0 stars

RE:RE:RE:RE:RE:The "Nothing is New" news is out

The no news event is good news. you need to establish the fact that the production is resilient. The value of the flowing bbl/day and of the land is a direvative of the stability of the production. If...read more
0 stars

RE:RE:RE:RE:RE:RE:The "Nothing is New" news is out

They are NOT drilling. They are not giving us any vision or news. The price is not going to hold up either. They have sat on that drill bit long enough. If that drill bit aint turnin we aint makin...read more
5 stars

RE:RE:RE:RE:RE:The "Nothing is New" news is out

y'all hillbilly; whaddaya talkin' about... they said 2nd 1/4 production would be impeded by spring break-up, and they did just fine. y'all become a basher now? what's that smell? LOL  rate and reply
0 stars

RE:RE:RE:RE:The "Nothing is New" news is out

ofirme, What is your take on the no news nonevent? Pinecrest really missed the boat here in my opinion. 1. Have they talked to creditors to keep their line of credit intact? If our credit line gets...read more
0 stars

Royalties big problem!

The royalties per bopd went from $7 to $18!!! Now, I warned you last year about this issue! The royalties paid went from $7 to $18 per barrel, year over year. That is huge, kobedoggie see's no bad...read more
0 stars

Natgas sucks but 55 cents?

So they made a deal to sell their natgas at the plant gate, no trans or processing costs. So they actually post they got 55 cents per mcf? Did you clowns see that? Of course you didn't see it, you...read more
0 stars

Where did the oil go???? LOL

Over the last year oil production fell from 3450bopd to 1900! That is not growth! This is a growth industry. Investors want to see production grow over the year not collapse! Investors flee when they...read more
0 stars

sinkin' ship, lol

This company is going down, no way to bail enuf to keep it afloat. She is taken on water big time. One poster, kobethedog, says there is no bad news in this qtr release. Really, fool? Here is some bad...read more