> http://www.investegate.co.uk/Article.aspx?id=200804020701443743R
http://www.imperialenergy.com
http://www.investegate.co.uk/Article.aspx?id=200807040700042799Y




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img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=IEC&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">
cyril

With the early price settling down(maybe a shake?), still a good rise on the day.
20000 to sell, 3000 to buy, would suggest they like this stock.
House broker ABN put a price of 10.5 on these at $30bo,
23,300,000 shares, many held by institutions, with other prospects and the
likelyhood of reserves increasing as time goes by theres not much more for me to
say,other than i believe 2008 will see the true value.
Haven't a clue what that might be except a great deal more than today's
cyril

Still only 4 to buy, with a realistic 1.5 for a barrel of oil,which works out at
10.5(based upon $30bo, $40+ would seem a more in keeping with the present oil
shortage) this seems to be well undervalued.
Along with up to 2000bopd in 2006 and other exciting prospects, i am happy
to be holding this share and when possible top up.
Another share worth checking out is VOG (might start up a thread?)
cyril

niceonecyril - have to agree!

IEC today placed12.5million shares at 4 or 54%, these were snapped
up by 2-0pm, proof of the potential of this company. P Levine stated by the end of 2008 hoping for 20000bopd. This is clearly simIlar to Burren which is valued at
over 900million.
The placing will allow us to accelerate our drilliing programme and leverage the substantail technical and commercial upside identified within 5 specific fields in
the Oblask region of Western Siberia. It will also enable us toreview a number of prospects which could "Substantually increase our reserve estimates".
VOG also up today.
cyril

Interesting share cyril ,, but why the huge spread ?

All, I got in Wednesday and bought more yesterday.

This is going to be huge.

Taken from ADVFN Poster Robbie :157 million barrels of oil, huge reserve upside potential, a 50 million placing that was done with 2-3 hours and an oil price of over $50 when $30 still makes IEC cheap. If anyone sells now they need their heads examined.

Not unreasonably this is being compared as the possible next Burren. If you want a comparable valuation then in 2008 when 20,000 bopd is forecast then IEC should be 25 - 30 before factoring in any exploration upside.

sambel,
Nice summing up, add to this expecting results of 5 wells
very soon. Could take off big time?
cyril

Some movement today in SP, up 5p on day @420p. Touched a day high
of 447p. News of several Well results imminent.
cyril

niceonecyril...

UP 20p today , this in spite of A Capelson selling 2,000,000 shares reported late on Friday. Believed to satisfy institutional demand? What will the SP if we get positive results from tha 5 wells, which are due news at any moment.
cyril

it would make the current sp look rather "reasonable"!!

016622 More like bloody cheap.Remember prior to fund
raising Broker put a price of 10.50p
even then works out at over 8.
Up another 17.5p today.
Hopefully 5 tomorrow?
Rumours abound, RNS imminent?
Block 69 favorate to give up flow rates.
Blocks 70 & 77 also should be updating progress with results.
cyril

Forgot to mention Brokers figures were at $30/barrel,which would appear a
trifle conservative.
cyril

niceonecyril
I see that there are a few sells going through today. Perhaps this is investors taking profits. I shan't be one of them! Loads more to come for the reasons you have given!

All signs, still positive for high oil prices but Imperial losing 35p in two days, why ? Also does anyone know when the drilling update is due ?

Todays news is going to move the SP somewhat north!

LONDON (AFX) - Exploration and production company Imperial Energy Corp PLC said it has raised its stake in Siberian venture Allianceneftegaz by 39.5 pct to 90.5 pct for 17.825 mln usd in cash and shares.

It said 7.325 mln usd cash is being funded from working capital and the rest through the issue of 1.2 mln new shares at 4.80 stg each to Alexandr Ivanovich Korchik and his partner Liudmila Petrovna Sheshko, the former majority shareholder of Allianceneftegaz. Their joint stake in Imperial will rise to just over 4 pct.

The deal raises Imperial's total expected recoverable reserves by a quarter to 196.5 mln barrels net, and increases the total net present value in the venture to an estimated 525 mln usd with oil at 30 usd a barrel.

newsdesk@afxnews.com

jm/

p+f targets are 630 and 850

for those not familiar with p+f time is not taken into account

I am very pleased to say that I hold this stock

Snip, you won't be sorry. Well in profit so far and loads to come!

THE TIMES TODAY Tempus Column - 1st September 2005

Imperial Energy

RUSSIA, notwithstanding its enormous mineral wealth, does not top the list of investor-friendly countries. Uncertainty over the politics and a lack of regulatory transparency have seen the countrys risk-reward profile head towards the extreme end of the investment spectrum.

This has not deterred astute and riskaccepting investors from making their fortune from the oil, gas, gold and other mineral resources buried in the countrys Siberian outback. Imperial Energy, headed by London-based Peter Levine, is one of those. Since its shares listed on the Alternative Investment Market at 25p in April last year, a mixture of tight shareholder structure and an impressive accumulation of oil and gas assets in Siberia has propelled the company as high as 557p.

The shares have drifted a little lately but gained 25p to 500p yesterday on news that it had increased its stake in Allianceneftgaz by 39.5 per cent to 90.5 per cent.

Allianceneftgaz holds licences over four prospective blocks in the Tomsk region. The blocks lie between producing oil fields run by a downsized Yukos and Sibneft. The latest Allianceneftgaz investment effectively adds 25 per cent to Imperials proven and probable reserves, which now stand at 196.5 million barrels.

The key to any investment in Russia is not finding the oil, but the ability to extract it and repatriate the proceeds to London. Imperial has much to prove but adventurous investors will find much to tickle their fancy in this high-risk investment opportunity. Buy, if you have the nerve.

My opinion is this is not high risk as long as you play it straight with the Russians.