Bought into IVE this morning, purely on speculation only... small time though. Don't know much about them though ! in for a penny in for a pound and all that.
Got out of TPG (dead loss and falling away fast)

RM- i take it you took a punt when ive was a cash shell like myself. strange that they are now valued less. converted recently into US Oil and Gas Company with key assets in Kansas USA. would like to think Michael Frayne (Ch) knows his stuff and has good contacts from days on the board at Asia Energy plc.

http://www.irvineenergy.com

new website. more inforamtion.
early days thought id buy in now.

made a purchase yesterday.

Hi majordeal,
Welcome aboard... things are loooking up now for IVE and us...just need to get back where I got in at 4.5p then it's onwards and upwards...may eve get some more at these levels myself !

things are looking down.. still lots of sells going thru in the past week and someone sold below the bid price at 2.1p today !

Lots more patience is needed

200k buy small but its something. understandable but operations on site to start in Q1 so awaiting updates. directors in place options for them at 3.5p and 6p. they should give them incentive. tiny volume more buys than sells MM games.

bid just gone down to 2p...it stinks!

going to hold on. its risky but will give them ago. very early days.

yep, same here

skyhigh- this page needs some serious work. not even a web link.

http://www.irvineenergy.com

if any potential new investors are interested and they look here for ideas they wont have a clue. it needs more info can you do it?.

its a new company but we should keep this thread updated with news/links etc.

yeh,, know what you mean... could do with some charts added but don't know how it's done

not done it myself either skyhigh but your the man who started the thread perhaps you could find out?. its in our interest to make it better.

interesting 3m just gone through?.

some experienced shale gas people joining Irvine and now have US office.

Irvine Energy Plc ('Irvine' or 'the Company') Commences Seismic Programme in Kansas

Just seen this for the first time.

Subject to the siesmic drilling later this year.

Ex- Cash shell in a hurry!

Watching......

Yes, it all appears to be going to plan. Let's hope the end product matches / outcome exceeds expectations ! might even top up!

,

Lots of big news released this morning.. don't know what it all means and there's too much to post here... short term sp will be held back by the impending but med/long term it looks good.. (imho)





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Irvine Energy acquires US oil and gas assets from Metro Energy Group


LONDON (Thomson Financial) - Irvine Energy PLC said it has signed an
agreement with Metro Energy Group Inc to purchase producing and prospective oil
and gas acreage in Oklahoma and Kansas.
The AIM-quoted oil and gas exploration company said the deal will expand its
current land position in Kansas and provide it with low-cost oil and gas
production and developments within highly prospective oil and gas regions.
Irvine will acquire up to 50 pct working interest in 52,000 acres of oil and
gas leases in Oklahoma, covering the proven Woodford Shale and emerging Caney
Shale, as well as multiple stacked conventional reservoirs, for 9.35 mln usd in
cash.
It will also procure 50 pct working interest in 4,490 acres in Kansas
targeting the Niobrara shallow gas play for 1.75 mln usd in cash.
However, the agreement is conditional on Irvine finalising appropriate
financing, which may include the placing of new shares, and ordinary due
diligence.
Irvine said it is currently considering various fundraising options for
working capital and has received indicative terms for a 50 mln usd mezzanine
finance facility.
Metro will be the operator for the Oklahoma Project and Niobrara Project and
will have a 50 pct working interest in the Niobrara Project.
"Metro has now commenced an aggressive work programme encompassing both
Kansas and Oklahoma, which begins the planned completion of 30 new wells in the
remaining half of 2007," Irvine chairman Doug Manner said.
Managing director Aaron Close said the production in Oklahoma will provide
Irvine with immediate revenue, and early data suggest that this can be increased
in the near-term.

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