> 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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cyril

YUMMY YUMMY YUMMY!!!!! ........ this share could give you a pain in the tummy and a severe blow to your bank balance! ....... for nutters and masochists only imo ...... those who are, look forward to a scary ride on monday when ftse opening (at least) will reflect dire dow friday

Agreed that IEC is a iffy share at this moment,reduced my holdings to 5%. Made a very nice profit(started this thread when under 3),however the statement by
Mitvol is flawed. Block 80 resources have been increased on data interpretation by
D&M, but the other blocks rerated are from recently drilled wells along with modern fraccing technics add to this the pipelines which have been built( and due to
start producing this coming week, all being well). So a nervy time for holders and only time will tell, but the market are already aware of the above post as it was released last thursday.
cyril

nasty smug bastard says, "Oh dear!"

Cynic not to difficult to call (4.7% no great amount)? Just reinvested 5% from my fat profits (from 288p/15),and of course we still could see production of the pipelines any day now? Thats my own personal decission, my real point was the cut and paste item that you posted was not a true picture, simply that.
cyril

and what, one may ask, is the true picture of any company or its shares let alone one working in murky Russia or China, albeit that i fully admit to having a chunk of POG (i argue it has much better pedigree and history than almost all in Russia)

however, i am happy to repeat that this stock (IEC) is for nutters and masochists!

cynic you know your avoiding my point regarding IEC not doing anything other than reinterperating the figures,that simply was not the case and was the whole point of my post.
As far as your last statement, probably true, but then live is short.
lol cyril

just going out for dinner, so may revert and tease tomorrow!

enjoy
cyril

to think you could have bought in at 1183 and now it's only 918 ...... yummy yummy! what a cracking stock - to avoid unless you're a masochist

Cynic,i get the feeling you are bored,no you could have bought in at 1575p or 25p,
from 288p myself.Now as i said bought back a few not at the 1183 a whole lot less,and really you should look around. I see other stock taking a far bigger hit due to the latest market turbulance, in fact all in all IEC has got off lightly.
cyril

reason for latest was merely because a certain person derided me for advising great caution in my post 144 of 15 July when sp was 1200+ but threatening to fall - as it duly did and as predicted

Thats fair enough.
regards
cyril

www.danielstewart.co.uk/internet/daily_print1.asp

Not working,states 14 a share?
cyril

Something interesting.
http://www.imperialenergy.com/news_files/letter_to_employees.pdf
Don't why but can't bring up post,need to type in manually.
cyril

Imperial Energy Exploration Update


RNS Number:2073D
Imperial Energy Corporation PLC
04 September 2007

IMPERIAL ENERGY CORPORATION PLC
("Imperial Energy" or "Imperial")

EXPLORATION UPDATE

TWO NEW DISCOVERIES
and
TWO NEW SPUDDINGS

Imperial, the energy company, today announces two new exploration discoveries
and a further exploration drilling update in relation to its Tomsk, Western
Siberia, Russian Federation interests.

North Chertalinskoye Field, Block 70

The new exploration well North Chertalinskoye 403 has successfully identified
potentially substantial oil deposits.

The reservoirs are in the Bajenov, Jurassic and Tyumen sections with net oil pay
in aggregate estimated at 68 metres identified through logs and cores. It is
anticipated that the Tyumen section be flow-tested by fraccing later this month
with the other sections to be tested during the winter period.

As at 31 December 2006, DeGolyer and MacNaughton estimated SPE 2P reserves at
North Chertalinskoye at 46 mmbbls which only took into account 33 metres of net
oil pay.

Subject to satisfactory testing, application will be made as soon as possible,
and in any event during the course of this year, for registration of Russian
Registered Reserves in this field. There are currently no Russian Registered
Reserves for North Chertalinskoye.

Nyulginskoye Field, Block 85

The new exploration well Nyulginskoye -2, having been spudded in July, has
successfully identified promising intervals of oil in the Cretaceous and Tyumen
sections.

Net oil pay is estimated in aggregate to be 7 metres through logs and cores.
It is anticipated that this well will be flow-tested later this month.

There are currently neither SPE based reserves nor Russian Registered Reserves
for the Nyulginskoye field. Subject to satisfactory testing application will
be made as soon as possible and in any event later this year, for registration
of new Russian Registered Reserves on this field.

Tamratskoye-3, Block 85

This new exploration well was spudded on 27 August 2007 and is currently beyond
1000 metres depth with a targeted depth of some 3000 metres. DeGolyer and
MacNaughton estimated SPE 2P reserves at Tamratskoye at 3.4 mmbbls. There are no
current Russian Registered Reserves in respect of this prospect.

Buranovskoye-2, Block 74

This new exploration well was spudded on 30 August and is currently at 800
metres depth with a targeted depth of some 3000 metres. There are no current
SPE 2P reserves nor Russian Registered Reserves in respect of this prospect.

South Maiskoye 395, Block 70

This new exploration well is projected to be spudded later this month. There
are no current SPE 2P reserves nor Russian Registered Reserves for this
prospect.

Peter Levine, Chairman, commented:

"The continued major exploration works we are carrying out and its large
concomitant financial investment, in parallel to all the efforts we are making
in production, infrastructure and pipelines is now being realised and is
concrete evidence of Imperial's ability and success in its endeavours".

Date: 4 September 2007

Enquiries:
Imperial Energy Corporation PLC

Inga Jarkikh +44(0) 207 758 9658
Pelham PR

James Henderson +44(0) 207 743 6673/ +44(0) 777 4444 163

Gavin Davis +44(0) 207 743 6677/ +44(0) 791 0104 660

Evgeniy Chuikov +44(0) 203 008 5506/ +44(0) 789 4608 606



Christopher Hopkinson, Chief Executive of Imperial Energy, a member of the
Society of Petroleum Engineers who holds a BSC Hons from St Andrews University
in Applied Physics, is the qualified person that has reviewed and approved the
technical information contained in this announcement.

NOTES TO EDITORS

(1) SPE reserves are reserves calculated in accordance with the rules set
out by the internationally recognized Society of Petroleum Engineers.

(2) SPE 2P reserves are generally recognized as incorporating Russian
Registered Reserves classification C1, C2 and some C3.

(3) Imperial Energy is an independent oil exploration and production
company listed on the Main Market of the London Stock Exchange with operations
in the Russian Federation and Kazakhstan. The Company is targeting 10,000 bopd
production by end of 2007, 25,000 bopd by end of 2008 and 35,000 bopd by the end
of 2009. Imperial has an extensive programme in 2007 including some 30
production, appraisal wells and exploration wells, the completion of the
construction of 208km of pipeline, oil processing facilities and the development
of its own rig company.




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

Could be a good day today me thinks

blanche; the market does not like uncertainty, so until the reserve issue is sorted their will imo be no worthwhile rise in the SP. I feel on reading Aton's report,
we will have production from the pipelines and also the answer to the $64,000
question(reserves) via the interims?
We could also have the results of the 2 wells recently spudded.
Tamratskoye-3 possible 20th Sept
Burovskoye-2 possible 23rd Sept
Thats if present rate of progress is maintained,slightly optomistic perhaps?
But back to the question of the reserves, their seems to be a different way
of presenting the information, and i believe we will have some sort of compromise which will allow IEC to get on and do what its suppose to be doing, and that of course is producing oil. Must be to the benefit of the Russians as they have very favourable tax agreement, which is much needed revenue for them.

blanche; the market does not like uncertainty, so until the reserve issue is sorted their will imo be no worthwhile rise in the SP. I feel on reading Aton's report,
we will have production from the pipelines and also the answer to the $64,000
question(reserves) via the interims?
We could also have the results of the 2 wells recently spudded.
Tamratskoye-3 possible 20th Sept
Burovskoye-2 possible 23rd Sept
Thats if present rate of progress is maintained,slightly optomistic perhaps?
But back to the question of the reserves, their seems to be a different way
of presenting the information, and i believe we will have some sort of compromise which will allow IEC to get on and do what its suppose to be doing, and that of course is producing oil. Must be to the benefit of the Russians as they have very favourable tax agreement, which is much needed revenue for them.

market unimpressed ....end of, at least for the moment