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

seawalker - I sent an e-mail to paul, the owner of that site that posted the article about the minnow oil companies being involved with the Iraqi tenders, but he knew nothing about Everasia, as he had not written the article just picked it up from another news source, his only comment was that Everasia was a strange name for an oil company, although that is not to say they don't exist, but here perhaps is the company IOG, although correctly OGI, this could have been the company DH was talking about yesterday to lemming investors.

http://www.ogigroup.com/

Oh well enough screen watching today, I'll be back on Monday, to see where we are and what is in store for PET.

Tokyo

SWW
Can you find any other info on EverAsia? The article you've posted was the only thing I could find on them. Are they listed anywhere or any contact details?

I have nothing more sorry.

I still think this is a bear raid, but do not hold anyway.


Saw this on ADVFN may be the answer to igo.

Now I go. Good luck all.


Shedjock - 17 Dec'04 - 10:01 - 11372 of 11372


IGO............ OGI ??

There may have been something lost in the translation..........

And they do have offices in Calgary and Baghdad !!

extract from an article posted on iii.
"It seems that DH and Petrel are as much in the dark as investors due to the confusing situation in Iraq. DH had this to say; Reading the latest Reuters piece it seems that the two names went forward for approval but that no award has actually been made. Also, I suspect that the Canadian group should be OGI (an ad-hoc Calgary Arab group looking for backers) rather than Ironhorse, which is a shell. For the last year, the Ministry had stressed that they wanted the best technology that would operate in a challenging environment. We accordingly pulled together the best suppliers (GE, Hanover, Weatherford, etc.) and solution. "

It seems like it was only last week that Teeling was talking about an email that was going around the bb's, and said that he was very angry that the share price had gone up because of it, he must be very pleased now, LOL.

Does the fact that the Canadian firm mention have now stated they have NO INTEREST in Iraq not raise concerns over the value of the Reuters statement?

if Iraq is like the rest of the arab world , then the ministries are closed today , reopen tomorrow

tokyo,
you got mail.

I really feel for you guys - was in and out of PET but ultimately only small amounts as the amount of speculation, much of it totally unsubstantiated was very extreme. Don't think we can blame PET either although to my mind at least, there was a touch of the blarney in these supposed emails that were posted here and elsewhere. But publicly PET kept very tight lipped throughout. Most of the "news" was created through (educated at times) guesswork on the BB's. To anyone thinking of buying in at these levels, be very wary, as the price is still being held up on volumes and will start to fall further I fear.

Do you hear that dave, this is not a dazzler, but I see you have profited.

Well done.

Now leave it alone.

Is this the company Horgan was talking about when he mentioned OGI in his interview yesterday?
There is a possibility it is working as an advisor and supplier to the company who got the contract. Saipem oil company of Italy is one of it`s clients as are many middle eastern oil companies as well
..............
OGI

With its head quarters based in the Eastern Province of the Kingdom of Saudi Arabia. OGI understands the complexities of working in the middle east region which frequently can be hard for foreign companies to comprehend hindering and frustrating desired progress. Working daily with major clients, operators and contractors like Saudi Aramco, understanding their requirements as well as understanding their suppliers capabilities OGI successfully bridges the gap to develop client and supplier relationships to meet the overall project objectives on time; on budget. Acting as advisors in the middle east region OGI assists their international partners growth by working alongside them bringing them up to speed with the local issues related to achieving their goals. There is no handbook for success here only experience and knowledge passed on.

Sounds like middlemen peddling influence rather than a crew prepared to get their hands dirty.

just got my reuters daily news briefing, nothing at all about PET, just CNE dropping 20%+

Would be very grateful of a resume of happenings this morning please! Any thing that does not involve slating other posters or obviuos rampers and de-rampers, just anything tangible! be much appreciated have been off line for a while.

No real news.

Rumour says PET and Rueters are working on a retraction statement to be issued before the end of trading.

That, if true may affect the price but it is a heavy gamble again.

I have posted the link to PET.L at Rueters so you can go there aand refresh periodically, and if true you will get the info before the market so there may be a chance to make a few quid.

Usual dislaimers apply!

http://www.reuters.com/newsSearchResultsHome.jhtml;jsessionid=KBOLBBJAK54KGCRBAE0CFFA?query=pet.l&qtype=a&x=10&y=8

Anybody got comments on the Late (L) buys/sells today @ 53p. strange??

after yesterday i went to bed and slept like a baby// woke every hour and cried

Late buys ans sells probably yesterdays trades.

drunker50 you may be laughing later!

seawalker - just seen your post, have been out and missed all the ups and downs after this morning, please fill me in as to this update.

thanks

tokyo

could this be 1 last huge false news orientated tree shake, i still hold has i was told weeks or months ago by a poster if your weak willed look away now