News you've all been waiting for ...

Meridian Petroleum PLC
04 April 2006

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

VICTORY 1-21 SUCCESSFULLY COMPLETED


Meridian, the oil & gas exploration and production company with key assets in
the USA and Australia today announced that the Victory 1-21 production well (10%
WI) has been successfully deepened in order to further penetrate a Niagaran
reef.

Using a coiled tubing unit and conventional work over rig, Total Depth was
reached at 4,394 feet and gas communication was made between 4,161 feet and
4,192 feet, an increase of approximately 31 feet in net pay. The well was
treated with acid to stimulate flow and is currently being swabbed to remove
remaining acid from the well bore following which the well will be put back on
line this week. It is anticipated that enhanced production rates will be gained
from the additional pay sections in the reservoir.

Anthony Mason, Chief Executive of Meridian said:

'The successful deepening of Victory 1-21 is good news for Meridian. The well
will be back on line this week, following which Meridian will resume receiving
income from Victory 1-21. We are now looking forward to the imminent completion
on Calvin 36.'

Don Caldwell, a certified petroleum geologist, is the Company's Qualified Person
and has reviewed the information in this announcement.


Enquiries:


Meridian Petroleum (020 7409 5041)
Tony Mason, Chief Executive

Westhouse Securities (020 7601 6100)
Richard Morrison

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 ND

Meridian Petroleum PLC
08 June 2007

Meridian Petroleum plc

Placing of new shares to raise 1.78 million

Meridian Petroleum, the oil and gas exploration and production company with key assets in the USA and Australia, today announces the successful completion of an institutional placing of new Ordinary Shares in the Company.

Ambrian Partners has placed 16,181,900 new Ordinary Shares at a price of 11p per new Ordinary Share with institutional investors, raising 1.78 million before costs.

The funds raised will be used to continue the development and growth of the
Company in three key areas:

1. Ensuring the successful completion of all activities required to bring the Orion 36; Calvin 36#1 and Milford 36 gas wells into production.

2. Sustaining progress with the development plans for the company's major
assets:
A test well to establish the potential of the Calvin Deep gas prospects
in Louisiana (contingent reserves 58bcf* net)
Acquisition of additional acreage at the Company's Coal Bed Methane
project in Alabama and detailed planning on the pilot project (contingent
reserves 240-390 bcf* net)
Investigation of the optimum approach to drilling on the Dolores prospect
in Australia (prospective reserves 432bcf* net). Possibilities under
consideration include bringing a partner into the project to help with the
funding and technical requirements.

3. Adding technical resources to the Meridian Petroleum team and providing a
solid organisational and governance platform for future growth.

Application has been made for the new Ordinary Shares to be admitted to AIM and
dealings are expected to commence on 13 June 2007. Following the placing, the
number of Ordinary Shares in issue will be 96,430,863. The new Ordinary Shares
will be issued under the existing authorities granted to the Directors.

Additionally, the Company plans to release its preliminary results for the year
ended 31 December 2006 on 26 June 2007.

Stephen Gutteridge, Chairman of Meridian Petroleum, said: 'The funds raised from
this placing will help finance the final stages of our development into
production, and will enable us to plan our capital spending programme to
progress our larger projects in the coming months.'

sorry guys, but this chart is truly horrid .... also look back at comments of 18 april

Well I take my hat to them, as they are helping me to make profits, who am I talking about? Yesterdays news from Meridian announcing that three Directors who have purchase a total of 784,528 shares, Stephen Cutteridge non-ex Chairman, Peter Cutteridge non-ex Director and David Wake-Walker non-ex Director, they are all out to make profits, the members of shareclubuk.co.uk were so pleased to read this news as it should lead to profits on their investments. Are you in on the profit run.

though good to see directors buying a decent number of shares t9hough was it merely exercise of option at bugger-all?), i see no reason to jump in .... chart is still horrid and company is a bare notch above the likes of CHP and GOO etc etc

Looks like it is a good bet to get in now. I'm sure the directors got in as the wells are getting hooked up soon.

did they tell you so? ..... do you know that their purchases were at full market price and not just option price? ...... at least the latter is easy to check ...... mind you, even if at full market price, the sum total is barely 100k, so that is still only about 35k each

cynic,

Just close the short!!

am not and never have been short here, though by the (non)performance of the share, wish i had been

Meridian Petroleum non-exec chairman Stephen Gutteridge raises stake to 1.1 pct - AFX


LONDON (Thomson Financial) - Meridian Petroleum PLC said non-executive chairman Stephen Gutteridge bought 38,972 shares at 16 pence today and now holds 1.1 pct in the company.

Gutteridge bought 211,028 shares on June 27 and was granted options over 850,000 shares exercisable at 13.75 pence by June 26, 2017 today, the company said.

TFN.newsdesk@thomson.com

http://www.investegate.co.uk/article.aspx?id=200707261520199433A&fe=1

Meridian Petroleum PLC
26 July 2007
MERIDIAN PETROLEUM PLC
('Meridian' or the 'Company')

Meridian Commences Production at Calvin 36-1


Meridian Petroleum (AIM : MRP), the independent oil and gas exploration and production company with key assets in the USA and Australia has commenced gas production from its Calvin 36-1 well in Louisiana, USA, following the completion of final testing and cleaning of the well. The Company expects some variability in the early flow rates from this well and will be monitoring tubing and surface flow and pressure data before confirming the production potential of the well.

The Company expects to provide further operational information on Calvin 36-1 and its other current US developments of Orion and Milford in an update to the market on 2nd August 2007, the day of the Company's Annual General Meeting.

Stephen Gutteridge, Chairman, said 'bringing the Calvin 36-1 well on-stream has been a lengthy process and we are pleased that we finally have some gas production from this asset. We are now looking to our next milestone, bringing on-line the greater potential production of the Orion 36 well, and we will provide an update shortly.'

Art Davies, who works for West Mountain Operating, Inc., is an independent contractor who meets the criteria of a qualified person under the AIM guidance note for mining, oil and gas companies, has reviewed and approved the technical information contained in this announcement with respect to Calvin.

a must buy for next week

June 2007 Broker Note for reference :


http://www.hoodlessbrennan.com/EasysiteWeb/getresource.axd?AssetID=7785&type=Full&servicetype=Attachment



.

Moving today.

On line sell limit is 150K and buy limit 75K presently.

L2 on the up, todays changes all blue, and now 3 v 4 @16/17

The recent news on problems with the US sub-prime mortgage market is not helping the stock market. One must now stop looking a red screens, and start seeking out stocks that are profit winner, thats just where we are at with shareclubuk.co.uk The news from Meridian Pet that they have turn the Gas on for production, is enough on its own, to takes the company to a trading up position, and therefore well worth looking at..

haven't followed this one for a good while, but chart below shows good breakout ..... caveat re the current markets in general remains

Meridian Petroleum PLC
02 August 2007


2 August 2007

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

AGM Statement and Operational Update

Meridian Petroleum (AIM: MRP), the independent oil and gas exploration and
production company with key assets in the USA and Australia announces that at
the Company's Annual General Meeting, held at 11:00am today in London, all
resolutions were duly passed.


Steve Gutteridge, Chairman, also gave the following update on its operations in
the USA.

Highlights

Calvin 36-1 on-stream with average flow rate of 50 mcfpd during first
week of production

Orion 36 scheduled for first gas in mid-August.

.Milford 36 to be put on test to establish gas flow rates and
potential for oil production; NRI increased to 29%

Company to seek farm-out or partial sale of Australian assets

Calvin 36-1, Louisiana

On 26 July 2007, Meridian Petroleum announced that it had commenced gas
production from its Calvin 36-1 well in Louisiana. The well is producing from
the shallow reservoir sands in the Calvin field in which the Company holds a
68.75% net revenue interest.

The Company's analysis of available reservoir data suggests that it will be some
weeks before pressures build and a clear view of gas production capability
emerges. Over the past week the well has flowed at an average rate of 50 mcf
per day with a peak daily rate of 82 mcf per day. The Company is monitoring
well performance closely and will continue to clean-up the well bore over the
coming weeks.

In respect of the further development of the deeper Calvin reserves through the
JV with Ensight Partners, the Company is currently evaluating drilling a low-
cost re-entry of the 5-29 well to test the Terryville sands potential. The
Company is also considering the prospects for a higher-cost new well, with the
potential for multiple targets, including the higher pressure zones.

Orion 36, Michigan

The Company is making steady progress towards bringing the Orion 36 well in
Michigan on-stream. The H2S processing and associated facilities at Orion
represent a significant investment for the company involving the transportation
and installation of several major items of equipment. Over the past month the
Company has experienced unforeseen delays in transportation including an
incident where the refrigeration unit was severely damaged during transit. We
are now pleased to confirm that all these major units are safely on-site and the
final processes of hook-up and testing are underway. CMS, the local utility and
buyer of the gas, has scheduled a target start-up date of 15 August 2007, and
the Board currently has a reasonable expectation that the Company and its
contractors will be able to meet that schedule.

Milford 36, Michigan

The results of the latest explosive perforation of the reservoir were
encouraging, but the tests also encountered unexpected oil shows. Whilst these
may enhance future cash generation from the well, it could result in an
increase in the investment in processing facilities required and add to the time
needed to bring the well into production. Consequently, the Board has decided
to put the Milford 36 well on an extended 30 day test to more clearly establish
the economics of bringing the well on-line. As the Board is maintaining tight
control over cash commitments, it plans to commence this extended test once the
Orion 36 well is on-line. The Company has recently increased its net revenue
interest in Milford 36 from 25% to 29%

Stephen Gutteridge, Chairman of Meridian Petroleum, said: 'We were pleased to
announce that the Calvin 36-1 well was producing last week. However it is
production from Orion 36 that we believe will make a real difference to our
cash position, and our current focus is on delivering that as soon as possible.
We are continuing to evaluate our plans for the development of Meridian's
larger potential assets and we are making progress in recruiting a Chief
Operating Officer to assist with the Company's day-to-day activities as we
expand our production. Conservative management of our cash resources remains
key in the short-term and we will look for a farm-out or partial sale of the
Dolores prospect in Australia and we are considering the disposal of our assets
in Mississippi to raise further cash.'

The Company also confirms that its new website is live from today, and can be
found at


www.meridianpetroleum.com

.

Art Davies, who works for West Mountain Operating, Inc., is an independent
contractor who meets the criteria of a qualified person under the AIM guidance
note for mining, oil and gas companies, has reviewed and approved the technical
information contained in this announcement with respect to Calvin.

John Randell, who works for Wellmaster, Inc., is an independent contractor who
meets the criteria of a qualified person under the AIM guidance note for mining,
oil and gas companies, has reviewed and approved the technical information
contained in this announcement with respect to Orion.


- ends -

This is just like having a baby, the market is blowing hot and cold over todays news from Meridian Pet statement and operational update. The SP has had a first class week however is now trading down. As far as I can see its all about the rate of gas and cash flow from the Calvin 36-1 well in Louisiana. In which the company holds a 68.75% net revenue interest. Over the past week the well has flowed at a rate of 50 mcf and a peak of 82 mcf per day. The company will be keeping their eye on the flow rate, and will continue to clean-up the well bore over the coming weeks.

At shareclubuk.co.uk we feel that at this stage its sit on your hands time to wait for the gas rate to flow at a much higher level. Now the truth of the matter is that there will be gas and cash flow form the Clavin 36-1. However it is production from Orion 36 that will make the real difference to the companys cash position, Meridian is currently focusing on delivering that as soon as possible, until then the SP will have a bumpy ride. The labour pains of making profits.

All I ever seem to have are miscarriages so will be glad to suffer a few labour pains LOL

looks more like blowing cold n cold ...... your best hope is that short term holders selling now the news is out rather than market in general being unimpressed, but don't hold your breath!

We are taking deep breaths and ready to hold your hand on this one Maggie