Anyone know why everyone seems to be selling?

dream on ph lets start with 20p which not likely at the moment going the other way now

news out this afternoon, mm's have got wind of it

I am sure of it

something to look foward to (again !!)

well at least its looking good , and I'm making money now !!!

who said 25p is rediculous, I am thank 40p by close

jeepers ph your usual crap could be right.

It's going mental !!!

news at 3pm
revaluation of assets

30p maybe a low estimate, i may overtake what I first thought

lizard, I accept your appology

so you in... if not hurry cause its going to 30p very soon

i just bought in last time had these lost a packet when danby dome bombed.reading news seems like they done better this time.

more than better.. better than expected... ;-)

I have a feeling MRP have peaked for today - of course I hope I'm wrong.

i'M GLAD TO SAY i WAS VERY WRONG !

news out in 15 mins.... (?!)

heard that one before!

11 mins and lift off

mm's out of stock ;-)

looks like its mashed potatoe again.... :-)

Meridian Petroleum PLC
17 February 2006

17 February 2006




MERIDIAN PETROLEUM PLC
('Meridian' or 'the Company')


Meridian Petroleum (AIM: MRP), the oil & gas company with key assets in the USA
and Australia, has noted today's speculation and rise in the price of the
Company's ordinary shares. The Company wishes to confirm that a placing of
ordinary shares at 14p per share, to raise approximately 1 million, is in
process and is expected to be completed shortly.


The Company knows of no other reason for this speculation or rise in its share
price.


Enquiries:


Citigate Dewe Rogerson (020 7638 9571)
Media enquiries: Martin Jackson / George Cazenove
Analyst enquiries: Nina Soon






This information is provided by RNS
The company news service from the London Stock Exchange