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Petrol Resources 29p to 435 by mid summer (PET)     

chartist2004 - 15 Apr 2004 12:02

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

sandrew64 - 17 Dec 2004 10:04 - 1794 of 2700

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?

seawallwalker - 17 Dec 2004 10:09 - 1795 of 2700

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 !!

kellman - 17 Dec 2004 10:15 - 1796 of 2700


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. "

aldwickk - 17 Dec 2004 10:19 - 1797 of 2700

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.

SuperBrugha - 17 Dec 2004 10:28 - 1798 of 2700

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?

maddoctor - 17 Dec 2004 10:34 - 1799 of 2700

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

dexter01 - 17 Dec 2004 10:43 - 1800 of 2700

tokyo,
you got mail.

joehargan1 - 17 Dec 2004 11:33 - 1801 of 2700

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.

seawallwalker - 17 Dec 2004 12:15 - 1802 of 2700

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

Well done.

Now leave it alone.

kellman - 17 Dec 2004 12:19 - 1803 of 2700

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.

iturama - 17 Dec 2004 12:30 - 1804 of 2700

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

dexter01 - 17 Dec 2004 12:52 - 1805 of 2700

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

gra1969 - 17 Dec 2004 13:53 - 1806 of 2700

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.

seawallwalker - 17 Dec 2004 13:57 - 1807 of 2700

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

ziblot - 17 Dec 2004 14:12 - 1808 of 2700

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

drunker50 - 17 Dec 2004 14:13 - 1809 of 2700

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

seawallwalker - 17 Dec 2004 14:15 - 1810 of 2700

Late buys ans sells probably yesterdays trades.

drunker50 you may be laughing later!

Tokyo - 17 Dec 2004 14:31 - 1811 of 2700

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

drunker50 - 17 Dec 2004 14:40 - 1812 of 2700

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

seawallwalker - 17 Dec 2004 14:44 - 1813 of 2700

Tokyo is it this one?

seawallwalker - 17 Dec'04 - 13:57 - 1806 of 1810 edit



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

I assume so, well I have been trawling the boards all day and picked upmthat on ADCFN frpm one of the regulars.

I'll retrace and find it in total or it may be prudent for you to ask outright and you will get a quicker response, I think there are too many new posts to make my search easy.

http://www.advfn.com/cmn/fbb/thread.php3?id=7903517&from=4229

I know it could be untrue, but as the news release seems a bit dodgy anyway, it's worth keeping an eye open.


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