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Hier findet ihr alle wichtigen Unternehmens Daten : http://www.pearleandp.com/s/Operations.asp

Produktion in Q3 2008

4,401 Oil - Net Production, bopd

8,156 Gas - Net Production, mcf/day

Produktionsstätten und Resourcen:

San Miguel 197,162

Fiddler Creek 86,337

Onion Lake 13,267

Palo Duro 11,741

Fishing Lake 10,120

Druid & Springwater 5,234

Mooney 2,575

Total 326,436(Mboe)Million Barel Oil equivalent

Chart technisch ist eine Ausbruch möglich ich gehe langfristig von einer Vervielfachung aus. Kaufen Liegenlassen ist Glaube ich eine Gute Option. Ich warte aber noch auf einen Abstauberkurs.

Im Operations Update könnt ihr sehen das 2009 viele Erfolgs Daten vor der Türe stehen.


Mooney Heavy Oil Project -- Alberta

As of the end Q3 2008 Pearl has drilled ten net horizontal wells in our Mooney area thus far in 2008. Four of the eight wells were drilled as part of the polymer pilot which will consist of two polymer injection wells and two producers. Regulatory approval has been obtained for the polymer pilot and polymer injection began in late October of 2008. Preliminary results from the pilot are expected by Q1 2009. Plans for a field wide polymer flood implementation are expected to be finalized by Q2 2009 with the initiation of full field implementation targeted as early as Q4 2009.

In addition we have continued to advance the conversion of the field to a water flood project. During Q3 an additional 1.5 sections were approved for water flood with water injection expected to commence in late Q4 2008 and early Q1 2009

In addition, one additional section is awaiting waterflood approval which is expected to commence water injection in Q1 2009. The water flood will ultimately assist in both maintaining production levels and increasing reserves as recoveries are expected to increase with the demonstration of pressure maintenance, a decreasing gas/oil ratio ("GOR") and sustained production. In the event that the polymer pilot is successful the investment in the infrastructure implemented for the water flood will be used as base infrastructure for the polymer flood. While the Company expects that the implementation of the water flood will result in both sustained production and higher reserve recovery, in the short term as the field is converted there will be intermittent production disruption in Mooney.

The Company was successful at a crown land sale acquiring 6 sections (1536 hectares) of land at 100% working interest in the Mooney core area.

The Mooney field produced approximately 1,650 Boed during Q3. Production from Mooney was curtailed significantly for approximately nine weeks, beginning at the end of June by approximately 700 Boed. This shut-in was a result of our pipeline provider, on short notice, terminating our ability to ship solution gas that contained higher than permitted CO2 on their system. To rectify the situation we procured, installed and commissioned an amine plant in less than 10 weeks. As a result we now have the capability to remove excess CO2 from our gas stream which allows us to ship our gas production to market without interruption to service.

Onion Lake Heavy Oil Project -- Saskatchewan

In Onion Lake the Cyclic Steam Stimulation (CSS) thermal pilot continues. The first well ("Z1") has completed the first steam and production cycles, with a peak rate of over 150 Bopd being achieved. The Z1 well began its second injection cycle September 21/08. Steam injection on the second well ("Z2") began on June 20th and the first production cycle commenced on August 11, 2008. Mechanical issues were experienced during the steam cycle on the Z2 well resulting in a small amount of steam entering the reservoir. As a result, the first production cycle of the Z2 well was lower than expected. It is anticipated that the Z2 well will perform similarly to the Z1 well when similar amounts of steam have been injected into the reservoir. We are currently preparing to begin the second steam cycle in the Z2 well.

During Q3 production from Onion Lake average approximately 2,300 Boed; this excludes production from the CSS thermal pilot as net revenue from the pilot is captured as an offset to the net capital costs for that project.

Blackrod Heavy Oil Project -- Alberta

At Blackrod, as previously announced the Company closed a transaction on August 20th to acquire an additional 30% working interest in the Blackrod project area. The company paid $4.5 million in cash and, if successful, will be required to make additional payments totaling up to $11 million, based on pre-set criteria of success. In September and early October the Company was also successful at 2 separate crown land sales and acquired an additional 36 sections (9,216 net hectares) of oil sands leases contiguous to our project area. Subsequent to the end of Q3 the Company entered into an agreement with Serrano to increase our working interest in the original project area from 65% to 80% in return for the disposal of our interests in Serrano and a carried work program of net $5 mm over the next twelve months.

Pearl intends to continue its plan to drill 10 to 15 stratigraphic core wells in the 2008/2009 winter to further delineate this deposit and gather additional petrophysical and reservoir fluid characteristic data. The application for the required governmental approvals of the thermal SAGD pilot project was submitted in May of 2008 and is expected to be approved in the next 6 to 12 months.

There is currently no production at Blackrod and we do not anticipate any production coming from Blackrod until our pilot project is operational. We currently anticipate the pilot being operational in 2010.

San Miguel Heavy Oil Project -- Maverick Basin, South Texas

At San Miguel, Pearl and its 50% partner TXCO continued steam injection at the Steam Assisted Gravity Drainage ("SAGD") pilot located within the Chittim "B" Lease. Production, temperature, and pressure monitoring of the well pair continue to confirm that the well pair has entered SAGD mode with initial oil flows being observed.

At Saner Ranch, the pilot facility construction is proceeding on schedule with mechanical completion still expected to be completed in early December. The Saner Ranch pilot includes a vertical inverted five spot well pattern and a horizontal three well pattern that both utilize a modified Fracture Assisted Steamflood Technology ("FAST") process. Steam injection into the vertical inverted five spot pattern commenced on August 28 as part of the reservoir warm-up phase with initial indications of connectivity being observed within the inverted 5 spot pattern. The three horizontal wells were completed in September and achieved first steam injection / reservoir warm-up phase as scheduled on October 8, 2008. Preliminary performance results from both patterns are anticipated during the first half of 2009.

By the end of the second quarter of 2009, Pearl expects to be in a position to select which of the three recovery techniques will be used to form the basis of a commercial development project, SAGD or one of the two modified FAST techniques. In addition, work continues on the commercial aspects of a successful project in San Miguel including the method in which the JV will generate energy to produce steam and the markets and value of the production from the project.

The is currently no commercial production in San Miguel and we do not anticipate any commercial production originating from San Miguel until the JV moves into a commercial development of this resource. We have begun to see early production in the Chittum pilot in October.

Other Properties -- Alberta, Saskatchewan

In order to enhance the value of certain non-core assets, Pearl initiated a 9 well drilling program at Ear Lake, Salt Lake and Druid in Q3, which is now complete. All of these wells will initiate production in Q4. Overall, the production increase from this program is expected to reach between 400 and 500 bopd by year end.

Production from other non-core Canadian properties averaged 1,800 Boe/d in Q3. It is still the intention to sell these properties once market conditions improve.

Other Properties -- U.S.

The Company also holds interests in several other areas in the United States, including Queen City gas fields, the West Rozel and Gunnison Wedge in Utah, Promised Land and Fiddler Creek in Montana and Queen City gas field in Texas. There is limited or no production from these areas and there are only minor evaluation plans contemplated for these lands in 2008. However, the Company believes certain of these lands contain large resource potential and may, based upon further evaluation, be developed in the future.

In September, we agreed to dispose of our land and tangible interests in the Palo Duro basin to Tyner Resources Ltd. ("Tyner") in exchange for an equity interest in Tyner. This transaction is consistent with our strategy to focus on our 4 core areas and is expected to close prior to year-end.

Und nun viel Spaß an der Freud. ;)
Antwort auf Beitrag Nr.: 36.457.123 von Kursbrecher am 27.01.09 14:25:37Hmm, ähnlich wie Ölsand ist es sehr teuer solches Schweröl zu produzieren, zudem erhält man weniger Geld pro Barrel.
Pearl gibt in einer Präsentation ein Beispiel:

Bei einem WTI Ölpreis von angenommenen $80 erhält man für Schweröl 30% weniger, also etwa $56.
Davon gehen nochmals $10 fürs Blending (verdünnen des Rohöls für den Transport) und $1 für den Transport ab.

Macht bei $80 WTI also $45 pro Barrel für Pearl.

Davon muss man aber noch Royalties, Steuern und operative Kosten abziehen. Gerade letztere sind bei solchen Projekten recht hoch (SAGD z.B.).

Bei einem WTI Preis von $40 - $50 bleibt, wenn überhaupt, nicht mehr viel $ pro Barrel übrig, insbesondere bei so geringen Produktionszahlen.

Könnte aber durchaus interessant werden, wenn der Ölpreis wieder in profitablere Regionen geht.
Deswegen haben Sie wohl auch die Produktion gedrosselt.
Macht Sinn ab Quartal 3 brach das Öl ein.

Nach dem nächsten Zahlen dürfte ein kleiner Verkaufsdruck mir eine Handvoll shares ins Depot spülen.

Die Zeiten wo ich Substanzlose Aktien gekauft habe sind vorbei.
Meine Ambition ist nicht nur vor schlechten Aktien zu Warnen sondern jeden die gleiche Chance zu bieten gute Player zu erwerben. Deshalb werde ich jetzt eine Zeitlang gute Player Präsentieren die noch keiner kennt. Eigentlich Schade das so viele Leute Substanslosen Aktien hinterher laufen. Naja Gier frisst Hirn und führt zu Totalverlust. ;)
Antwort auf Beitrag Nr.: 36.458.370 von snafur am 27.01.09 16:39:04Ups die Präsentation hatte ich oben ganz vergessen zu verlinken
Antwort auf Beitrag Nr.: 36.458.842 von Kursbrecher am 27.01.09 17:27:36Substanz ist immer relativ, KB.

Vieles, wenn nicht alles, hat eine Substanz.

Die Frage ist nur, wieviel ist diese Wert?

Sollte der Ölpreis länger so niedrig wie im Moment bleiben, ist auch Pearl trotz seiner Substanz (lat. substantia: "das, woraus etwas besteht"), wertlos.

Weil ganz simpel die Wertschöpfung mehr kostet als der Wert.

Andererseits kann ein Wert mit wenig Wert der Substanz mit einer Bohrung zu etwas mit sehr viel Wert der Substanz werden.

Dein Ansinnen in Ehren, gute Player präsentieren zu wollen, aber wie definierst Du im Moment einen "guten Player"?

Wir haben ja hier im O/G Forum schon ermittelt, das selbst "Big Player" wie Suncor einen negativen Cashflow haben.

Bist Du in der Lage, für Pearl eine fundierte Analyse abzuliefern, die mehr als eine copy/paste Arbeit von veralteten Firmenpräsentationen ist?

Ich habe Zahlen geliefert, die zeigen das Pearl bei diesen Ölpreisen in argen Schwierigkeiten ist. Beweis das Gegenteil, wenn Du willst.

Eine Frage der Substanz, richtig.

Und was die Behauptung betrifft, das Pearl im Angesicht der miesen Ölpreise seine Produktion gedrosselt hat, da würde mich auch die Quellenangabe interssieren.

Nein, Pearl hat in den letzten Jahren eine sinkende Produktion aus ganz anderen Gründen.
Gut endlich mal eine vernünftige Diskussion, das passt hier rein da es ja ein Diskussionsforum für Börsen begeisterte ist, und kein Analystenboard.

Wenn du dir sicher bist das man Gas nicht profitabel zu den Preisen Fördern kann um Gewinne zu erwirtschaften dann sei es drum.;)

Vorsicht ist immer geboten und wenn die Förderung einher mit dem Öl und Gaspreis sinkt spricht es jedenfalls dafür das die Firma ihre Ressourcen nicht zum Fenster herausschmeißt.

Deshalb nehme ich an das die nächsten Quartalszahlen der Produktionszahlen deutlich schlechter ausfallen heißt also der Kurs könnte dahin gehen wo ich es gerne möchte. :D
Antwort auf Beitrag Nr.: 36.463.631 von Kursbrecher am 28.01.09 12:15:08Ich habe nicht vom Gas gesprochen, sondern vom Schweröl.

Und hier drosselt Pearl nicht die Produktion, sondern kämpft mit der natürlichen Decline Rate.

Deshalb die teuren Versuche mit Water Flooding, SAGD etc. wieder mehr aus dem Boden zu quetschen.

Andere Firmen, die leichteres Öl an Land produzieren, sind da meiner Meinung nach im Moment weitaus attraktiver.
Springt der Ölpreis an, profitieren diese schneller und stärker als teure Produzenten von Schweröl- und Ölsand.

Letztes Preisziel von Canaccord (17. Dezember 2008) lag übrigens bei CAD 0,60 für Pearl.
Antwort auf Beitrag Nr.: 36.465.136 von snafur am 28.01.09 14:43:07Nun ob knapp 50% Decline Rate Normal sind in einem halben Jahr?...Dein Argument überzeugt mich nicht wirklich, absprechen will es dir dennoch nicht. Time well see.

Oil - Net Production, bopd

Q3 2008 4,401

Q1 2008 8,698
Antwort auf Beitrag Nr.: 36.476.298 von Turbofrank am 29.01.09 19:29:20Inwiefern Begründe einmal deine Meinung,
Ich ahne da kommt nichts.:laugh::laugh::laugh:
Antwort auf Beitrag Nr.: 36.478.363 von Kursbrecher am 30.01.09 01:46:18mustergültiger abzockchart!

Antwort auf Beitrag Nr.: 36.457.123 von Kursbrecher am 27.01.09 14:25:37APR 7, 2009 - 08:13 ET
Pearl Announces $40 Million Equity Financing


View News Release in PDF Format CALGARY, ALBERTA--(Marketwire - April 7, 2009) -


Pearl Exploration and Production Ltd. ("Pearl" or the "Company") (TSX: PXX)(FIRST NORTH: PXXS) announces that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and including Canaccord Capital Inc., RBC Dominion Securities Inc. and Tristone Capital Inc. (the "Underwriters") which have agreed to purchase, on a bought deal basis, 45,508,000 special warrants of Pearl at a price of $0.88 per special warrant, for aggregate gross proceeds of $40,047,040.

In addition, the Underwriters have been granted an over-allotment option, which may be exercised up to 30 days after closing of the offering (the "Closing"), to purchase up to 6,826,000 additional special warrants at a price of $0.88 per special warrant. If the over-allotment is fully exercised, gross proceeds from the offering will be approximately $46,053,920.

Each special warrant will entitle the holder thereof to receive one common share of the Company on the exercise or deemed exercise of the special warrant. The special warrants will be exercisable by the holder at any time after the Closing for no additional consideration and all unexercised special warrants will be deemed to be exercised on the earlier of (a) four months and a day following the Closing, and (b) that day on which a receipt is issued by the securities regulatory authorities in the Provinces of Alberta, British Columbia and Ontario for a final prospectus qualifying the common shares to be issued upon the exercise of the special warrants. The Company shall use its reasonable best efforts to obtain such receipt for a final exercise of the special warrants within 30 days of Closing. Until the receipt is issued for such prospectus, the special warrants as well as the common shares issuable upon exercise thereof will be subject to a four month hold period under applicable Canadian securities laws.

Pearl plans to use the net proceeds from the offering to fund capital expenditures and for general corporate purposes.

The offering is scheduled to close on or about April 20, 2009 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the securities regulatory authorities.

This news release does not constitute an offer to sell or a solicitation of any offer to buy the securities in the United States. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of such Act.


The information with respect to Pearl contained herein, contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking information typically contains statements with words such as "anticipate", "believe", "plan", "continuous", "estimate", "expect", "may", "will", "project", "should", or similar words suggesting future outcomes.

Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will in fact be realized. Actual results will differ, and the difference may be material and adverse to the Corporation and its shareholders.

Forward-looking statements are based on the Company's current beliefs as well as assumptions made by, and information currently available to, the Company concerning anticipated financial performance, business prospects, strategies, regulatory developments, future commodity prices, future production levels, the ability to obtain equipment in a timely manner to carry out development activities, the ability to market oil and natural gas successfully to current and new customers, the impact of increasing competition, the ability to obtain financing on acceptable terms, and the ability to add production and reserves through development and exploration activities. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

By their very nature, forward-looking statements involve inherent risks and uncertainties (both general and specific) and risks that forward-looking statements will not be achieved. These factors include, but are not limited to risks associated with oil and gas exploration, financial risks, substantial capital requirements, bank financing, government regulation, environmental, prices, markets and marketing, dependence on key personnel, co-existence with mining operations, availability of drilling equipment and access, risks may not be insurable, management of growth, expiration of licenses and leases, reserves estimates, seasonality, competition, conflicts of interest, issuance of debt, title to properties, variations in exchange rates and hedging. Further information regarding these factors may be found under the heading "Risk Factors" in Pearl's current Annual Information Form and in the Company's most recent financial statements, management's discussion and analysis, management information circular, material change reports and news releases. Readers are cautioned that the foregoing list of factors that may affect future results is not exhaustive.

The forward-looking statements contained in this news release are made as of the date hereof and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
So so man hat sich einen Neuen Namen gegeben...:look:

CALGARY, ALBERTA--(Marketwire - May 6, 2009) - Pearl Exploration and Production Ltd. ("Pearl" or the "Company") (TSX:PXX)(FIRST NORTH :PXXS) is pleased to report the results of its Annual and Special Meeting held on May 6, 2009. At this meeting, shareholders elected the nominated directors, being Keith Hill, John Festival, John Craig, Brian Edgar and Victor Luhowy and reappointed PricewaterhouseCoopers LLP as auditors of the Company. Shareholders approved the establishment of the new Stock Option Plan which replaces the current stock option plan. Shareholders also approved a name change of the Company to BlackPearl Resources Inc.

A copy of the presentation given at the Annual and Special Meeting is available on the Company's website

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