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Oil junior trading profitable with cash and big potential (MRP)     

chav - 23 Apr 2009 14:03

www.meridianpetroleum.com

http://moneyam.uk-wire.com/cgi-bin/articles/200909240700095757Z.html
http://www.meridianpetroleum.com/admin/News/Docs/2008%20Results.pdf

http://www.meridianpetroleum.com/admin/News/Docs/Operations%20Update%20March%2009.pdf

http://www.oilbarrel.com/news/display_news/article/conference-report-2-petroceltic-international-targets-multi-tcf-resource-in-algeria-meridian-petro/771.html



Producing Oil/nat gas from the ELV field/USA....45% of Oil/Gas produced hedged at $100/bbl and $10.90 per mcf)

http://www.oilbarrel.com/fileadmin/content/pdfs/oilbarrel/presentations/merid%20pres.pdf


Drilling ELV.....Suspended until gain consent for sidetrack...casing and wellhead left in for future re entry

3D Seismics have been shot on PEL82 Otway Basin Australia....results are excellant!
PEL 82 Potential resource increased from 150mbbls Oil tooooooo 430mbbls Oil!

Chart.aspx?Provider=EODIntra&Code=MRP&Si

Also trading on Plusmarkets
http://www.plusmarketsgroup.com/data.shtml?ISIN=GB00B3DDP128/GBX/PLUS-exn

maggiebt4 - 29 Nov 2009 20:50 - 145 of 149

Have also applied for more hope I've got it right! and if I have you'll all be laughing.

HARRYCAT - 30 Nov 2009 16:27 - 146 of 149

"The Board of Meridian announces that both Special Resolutions proposed at the Extraordinary General Meeting held today at 11.00 a.m. were passed without amendment. thereby enabling the proposed Placing and Open Offer of, in aggregate, 27,614,498 New Ordinary Shares, the Capital Reorganisation, and certain other related matters to proceed.

Consequently, the name of the Company shall change to President Petroleum Company PLC with effect from 30 November 2009, with a new London Stock Exchange ticker symbol of PPC, a new website address of www.presidentpc.com, and an issued share capital of 45,446,492 Ordinary Shares of 1 penny each.

The above figure (45,446,492) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company."

chav - 30 Nov 2009 18:49 - 147 of 149

Disappointing only getting 6% excess however it's hopefully up,up and away from here....new thread required for PPC!

HARRYCAT - 30 Nov 2009 19:17 - 148 of 149

Go for it chav. A chart in the header with 25 & 200 DMA would be great. Thanks.

chav - 01 Dec 2009 21:05 - 149 of 149

New thread started for PPC....Bye bye MRP.
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