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Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

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 in Colombia.
Price: $0.245 | Change: $-0.02 | %Change: -7.55%
Volume: 1.5m | Day High/Low: 0.26/0.245 | 52 Week High/Low: 0.44/0.23
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0 stars

RE:RE:RE:My two cents

Oil will not reach $100 in the next 2 to 3 years. Wake up to the reset  rate and reply
0 stars

RE:RE:My two cents

I would disagree to buy at 27 cents. I think we'll see much lower soon.  Pta is not liquid, not followed much. The days of 40 cents or higher are far away. Really far in a sub $80 oil price.  rate and reply
0 stars

RE:RE:My two cents

I guess the real question is after the drilling is complete, where is the price of oil? If they wait and oil goes over $100 and they have no new wells, will you be happy they didn't risk the money...read more
0 stars

valuation

Am I correct in saying that PTA's Reserves have improved ten fold after the acquisition  rate and reply
5 stars

RE:RE:RE:RE:Cash US$63M, Oct Prod: 6,359 boepd (AFTER the blockades)

"The question is, did they get their money's worth?" Kind of early to ask that, isn't it? I don't know if you follow sports, but do you look at what a player does the first 3 weeks after drafting him...read more
0 stars

RE:My two cents

You are correct to buy low.  And I agree that on many metrics PTA is very inexpensive, perhaps not the "cheapest stock on the planet" claims, but cheap. Given the drill costs, risks, and target sizes...read more
0 stars

RE:RE:RE:Cash US$63M, Oct Prod: 6,359 boepd (AFTER the blockades)

Correct.  They spent money on the acquisition.  ~$8mm on costs associated with the acquisition. ~$28mm on Suroco's debt. About $15mm on cash elections in the deal. That's the $51mm right there. The...read more
0 stars

RE:RE:Despite the one-time events & costs, Q3 EBITDA was US$22M

Sir, If you compare the Q2 to Q3 financial statements, you will see that Q3 did have options issued to management in the amount of just over 9mm options.  rate and reply
0 stars

RE:RE:Despite the one-time events & costs, Q3 EBITDA was US$22M

I do not know why you do not get it.  Q2 was BEFORE SRN deal. Q3 is AFTER SRN deal.  2014 EBITDA has been annualized. Simple math.  rate and reply
0 stars

RE:Operating Netback: $46/bbl.PAREX pays the exploration wells

You are right on most fronts, however there are a couple omissions: The netback is lower now and appears it will be for the whole sector in 2015. And unfortunately, investors don't realize field...read more
0 stars

RE:From Value Digger this morning: All In One about PTA

Good summarization, common sense. There is no sell off as some shorters expected early in the morning. Other factors like oil prices count more for the short term. For the long term, PTA is still very...read more
0 stars

RE:Despite the one-time events & costs, Q3 EBITDA was US$22M

Sir, When you are annualizing Q3 EBITDA to project for 2015, you need to account for the fact that Q3 benchmark oil pricing (Brent) was over $10 higher in that quarter than current and/or strip for...read more
0 stars

RE:RE:Q3

Negotiations should address social problems, yes.  But that same statement could have been made for what... the last 5 years?  Yeah, keep holding onto that one. One time events - true.  But one time...read more
0 stars

RE:RE:My two cents

BAR news great, HHS at lowest entry point possible, BAR keeps hitting HHS should get some positive price appreciation  rate and reply
0 stars

RE:My two cents

C.HHS, by T.BAR nickel discovery, should be easy double or triple, 0.005-0.01!  rate and reply
5 stars

RE:My two cents

great post, I agree and therefor swapped some liquidity for some bargainass shares of PTA!  rate and reply
4 stars

My two cents

While the report may not be what some expected, the truth is, it is old news. I suspect that the investors crowing the most have very short term horizons. I, myself, am more old school. With oil down,...read more
4 stars

RE:RE:Cash US$63M, Oct Prod: 6,359 boepd (AFTER the blockades)

You are obviously confused. Q2 was BEFORE SRN's acquisition. Q3 is AFTER SRN's acquisition. Apparently, a company must pay money to acquire another company. This is why, you see a reduction of the...read more
3 stars

RE:Cash US$63M, Oct Prod: 6,359 boepd (AFTER the blockades)

Sir, Even though they are singular in occurence, they can have profound and lasting impact on the company and it's ability to generate shareholder returns.  Just look at the working capital erosion...read more
2.5 stars

share consolidation

I voted 1.2million shares for the share consolidation and and voted to have management ousted. Hahaha.  pretty sad when management is so bold they tell us what they want and when they want.  rate and reply