Pura Vida Energy (PVD)

Business description

Pura Vida Energy is an ASX-listed E&P with interests in blocks offshore Morocco and Gabon. The main focus is on high-impact exploration drilling in Morocco, with Gabon offering appraisal/development options in addition to exploration.

Reaction to drilling

Update | Oil & Gas | 22/06/2015

Since initiating on Pura Vida (PVD) on 26 May 2015, the company has commenced drilling of the MZ-1 well, offshore Morocco. Only three weeks into a minimum 60-day well, the stock has fallen by more than 30% and appears oversold on volatility driven without newsflow. Without doubt the MZ-1 is a high-risk well, but PVD is fully carried by an accomplished operator in Freeport that is currently executing a thorough and well-planned well. We maintain our RENAV of A$1.42/share.

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Company news

Pura Vida Energy

Sun, 15 Jan 2017 23:55:26 GMT

Pura Vida Energy

Wed, 29 Jul 2015 07:55:28 GMT

Pura Vida Energy

Mon, 25 Sep 2017 16:18:45 GMT

Pura Vida Energy

Thu, 24 Aug 2017 06:45:00 GMT

Pura Vida Energy

Sat, 09 Sep 2017 05:48:38 GMT