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Petroamerica Oil Corp V.PTA

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

Petroamerica Oil Corp through its subsidiaries is engaged in the exploration, production and development of hydrocarbons and oil and natural gas in Colombia.
Price: $0.075 | Change: $-0.005 | %Change: -6.25%
Volume: 17,728 | Day High/Low: 0.075/0.075 | 52 Week High/Low: 0.44/0.07
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0 stars

RE:RE:RE:RE:RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

perdikaoilgas wrote: To bring joy but finally hurt those like Schlinker and HedleyLamar aliases/resident bashers/LIARS who thought that the deal would not materialize. Shouldn't you be spamming...read more
5 stars

RE:RE:RE:RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

HighROI wrote: Why issue a halt for this? To bring joy but finally hurt those like Schlinker and HedleyLamar aliases/resident bashers/LIARS who thought that the deal would not materialize.  rate and reply
0 stars

RE:RE:RE:RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

Care to read the PR?  Trading in PetroNova Common Shares has been halted until such shares have been delisted from the TSXV and all PetroNova Shareholders will be provided with the consideration...read more
1 star

0.05 cents/0.50 cents

Coming at the open, put your stink bids in to average down. The 20M remaining will go to G&A Expenses for the remainder of 2015. They might drill ONE WELL. Thats it. Production under 3k boepd Iam sure...read more
0 stars

RE:RE:RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

Why issue a halt for this?  rate and reply
0 stars

RE:RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

arkmo1950 wrote: No financing?????? They don't need financing.  They have shareholders.  rate and reply
0 stars

RE:DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

No financing?????? I don't think this will help the sp.  rate and reply
5 stars

DEAL CLOSED! 2 Operatorships! 2P Reserves & RLI Rise A Lot!

http://www.newswire.ca/en/story/1577147/petroamerica-and-petronova-complete-plan-of-arrangement-and-petroamerica-to-implement-share-consolidation   Post-Arrangement Petroamerica will hold...read more
5 stars

Petroamerica and Petronova Complete Plan of Arrangement

Petroamerica and Petronova Complete Plan of Arrangement and Petroamerica to Implement Share Consolidation CALGARY, July 29, 2015 /CNW/ - Petroamerica Oil Corp. ("Petroamerica") and PetroNova Inc...read more
5 stars

NR Post-halt

http://www.newswire.ca/en/story/1577147/petroamerica-and-petronova-complete-plan-of-arrangement-and-petroamerica-to-implement-share-consolidation  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:Trding halted

Let's hope you are right. Financier will insist on consolidation. Also, I would not be surprised if mgmt. grants themselves more options at this price.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:Trding halted

PNA shareholders would be stupid not to accept it. PNA has no money and no credit facility and their management are quoted questioning whether the company can remain a going concern. All of those...read more
0 stars

RE:RE:RE:RE:RE:Trding halted

The value that PNA gets is way lower. PTA was .115 at offer to buy PNA, now only .07  rate and reply
0 stars

RE:RE:RE:RE:RE:Trding halted

PNA is halted as well.... so it has something to do with it... maybe no shareholder approval?  rate and reply
5 stars

RE:RE:RE:RE:Trding halted

I think the consolidation worries have been somewhat priced into the SP ... we went from .11 range to .075 in a few weeks. I don't agree that post consolidation will trade in the $0.40 range wiping...read more
3 stars

RE:RE:RE:RE:RE:RE:Trding halted

They wouldn't halt for something we already know.  rate and reply
1 star

RE:RE:RE:RE:RE:Trding halted

Its halted to announce the merger and consolidation. Im sure we see 0.07 cents. But in this oil environment and lack of drilling this combined entity will trade very low all year.  An announcement of...read more
0 stars

RE:RE:RE:RE:Trding halted

Of course.  Forgot about the reverse split.  And then there is the new financing facility that Perds had the inside info on.  Thanks Dublebad.  rate and reply
3 stars

RE:RE:RE:Trding halted

The merger was obviously approved. Post consoldation, the new entity will probably trade in the $0.40 range. It will still have a $50 million market cap which is way above the intrinsic value here...read more
4.5 stars

RE:RE:Trding halted

Could be all kinds of things. Obviously hoping it is Parex making a run at both for a decent premium.  rate and reply