The tiny Irish stock on the brink of landing 'the first' post-sanction oil deal in Iraq. Ref 'Fleet Street Letter' 12-04-04..

How could Petrel be quoted as saying they had no competition on the first two tenders? This was before the blackout, and maybe before they were called back for "urgent discussions". Perhhaps the blackout was due to their first submissions being too high, and to be informed that the tenders were being put out again. In this instance, if it's a fact, I believe the "no competition" statement should have been retracted, as a minimum, to enable investors to reassess their exposure. I bought in mainly on this statement, and feel misled..

IOG have no involvement here? So the upshot is; no one knows who the second company is? Have Reuters confirmed that the first co is actually Everasia or is even this in doubt?

NOTHING!!! I DONT LIKE THIS BUT IM HOLDING!!!! VERY NERVOUSLY

dexter01,
you are a serious danger to all small investors and should cease posting forthwith. Warning posters against my posts (I am not Simple Simon by the way), and accusing me of deramping is a deliberate attempt to con already shafted investors to stay in this bombed-out company and for what reason? It seems to me you are one of those types who bought at the top at about 120p-130p and are now trying desperately to pump and dump. Posters like you are responsible for sucking in inexperienced investors into buying this dog in the first place and now you are still shamelessly trying to keep them in. I have read your nonsense on other bbs and it appears to me that there are a bunch of you ramping this company for some covert reason. Why else would you still be praising the likes of Teeling & Co when it is obvious to all that he has shafted the lot of you and not for the first time either! Perhaps you are one of his many relations or friends who has invested in this and are trying to help him push the price back up so that you can squeeze another few drops of blood out of the hapless investors whom you have already sucked in?

Bought 5000 , 37.65.

It has no hope now....time to bail out...before it gets to 10p

Where is Tokyo now?

kellman,
bollocks, post something worth reading.
i have stated facts, and just for the record, if you had read my posts, i sold yesterday at 75p at nearly a double up on my investment, that must really make me a mug.
by the way which stone did you crawl from under, we have`nt had the displeasure of putting up with your crap before!
dexter

ps. i`m not still praising jt and dh if you bothered to read my post

Massive drop of 10p this morning to 36p now.

hlyeo98 - I'm still here!! It has no hope now?, are you looking at the same level 2 screen I am?

This is going to take alot longer than we originally thought, but the shares I have left in PET are staying for the long term, if you or anyone else wants to get out, then do it. We will most certainly see an RNS soon, up-dating us on the situation, then one on Jordan, then one on Sudan, then Block 6, then the other 6 tenders to be submitted to Iraq next year. I'm sitting on a loss from yesterdays top up @ 44pence, but I'm a big boy and am not going to keep crying at my losses!!

Tokyo

level 2 3 v 2 - 42/45

Closed + 7.35.

Bought 10,000 @ a tad more than 39p ,,,,But theis is NOT a LEVEL playing field.lt is UTTERLY ABSURD !!! This stock is being manipulated and MMS are taking the absolute p%%% !!!! lts extortion by any other name !!!!!!....ln my position as an energy anaylist for a major house i am in the process of writing a strong worded letter to the regulators.

Updating with more bad news?

dexter01, this is what you posted a few minutes ago, sounds like ramping to me.
(and cut out the foul language this is a respectable bb, UNlike your rampers threads on ADVFN.)

"even at this sp, PET`s market cap. is 30m, so there is plenty of upside from here, it just might take a little longer. regarding the reuters article, i read it over and over yesterday, some thing does`nt sound quite right. regarding heritage oil, some one spoke to them yesterday and they said they had`nt tendered, they have just signed a JV with an iraqi co"

Hi' Jamie, this is getting exciting .

you still awake tokyo,
what are you on!!. at least this is exciting, just watch it go north when we get an rns, even if confirming the worst, but we still have the other projects .
dexter

Tokyo, if you and your friends have any integrity left you will now apologise to the investors you have mislead over the past three months and disappear from the bbs for good.
I somehow doubt it though, your type were born too far down the line to have any shame in you!

Spreads getting silly now .

Agreed, dd, let's cut out the name-calling.

What I'd really like is some views on what the share price should settle at even if there turns out to be no good news from Iraq. i.e. how good a piece of news commercially is the Jordanian agreement?

Kellman:
whoever you are please no personal attacks on (dexter)other posters. We are here for the information researched by these avid posters. As of yet, very little posted on this BB is total rubbish (exept that posted by visiting posters)In the main this info has guided fellow investor through the stormy times and brought a sense of sanity to the insane share that is Petrel. This share was almost certainly criminally manipulated yesterday, for profit, not by accident, not by a bad journo'or a leak from MOO but by Criminals.
However I see this as possible good positive sign for Petrel. Why release that crap news via reuters if this share was doomed???

Let us not forget this thread started approx eight months since so let us not forget this share was then 33p-ish even today still showing a profit.