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

it looks like tony blair is married to a pet!!!!!!!!

He might as well be.................

with TB going to iraq, does this mean that the iraqi PM will lend him his villa in fallujah for a freebie holiday?

LOL

He's now in Basra. The third project is nearby. I reckon he's gone to cut the tape. Forget the troops.

Yeah, I told you he was there for PET.

That means war is imminenent with Ireland.

Latest from Reuters......... OK Mr Allawi,just keep smiling and listen,
after various emails from MoneyAM users, I am going to keep on squeezing
your hand tighter and tighter until you promise to give some contracts to
PET.

Can you email that photo to PET.

Closed +4.1 .

Ooops...................

Wait and see what any kind of news does to this!

It must be due yesterday1

This extract from Horgan`s interim statement is somewhat puzzling.

"The tenders are designed as cash contracts, but we hope that they may evolve
into risk-sharing arrangements. Funding is not a problem. A major
international group has offered full financing in return for a crude oil
off-take agreement. We will elect for a full risk-sharing arrangement,
including undertaking exploration risk, as soon as such initiatives are legally
and practically possible."

How could PET offer a `crude oil off-take agreement` to a finance house when the contracts never included oil production in the first place?

aldwickk
give me his e-mail address and I will send it to him and wish him Merry Xmas from all his PET fans

H. won't be getting many then. Hope he has a very merry christmas on MY 5k!!! :O(((

This from the other side. I know I generally don't listen to posters, who claim to have 'phoned someone' but this guy has always seemed a genuine bloke and has contributed some very worthwhile posts in the past (I believe he's Turkish, so would be able to speak to Avrasya Tech) I've checked the phone number and it is genuine:

cimbom - 21 Dec'04 - 18:38 - 7401 of 7445

I have some news for everyone.I have been comtemplating on whether to post it or not as I was afraid of what the outcome would be and also whether it is 100% true or not.It is not 2nd hand news as those who know me know that I only post what I have researched myself and not "oh my source told me".As there have been genuine posters on here as well as others,I thought it only right to share this information.
Today I gave Avrasya Tech a call to see what I could find out.I was told that they had indeed received confirmation from the MOO via telephone that they had won the contract to develop the Khurmala Dome field and that work was starting in january.

www.avrasyateknoloji.com/
tel.00902122513734

the url for the above comments from the 'other side'

http://www.advfn.com/cmn/fbb/thread.php3?id=7903517&from=7401

Hello Santa,
angelse says she has had a few words with you checked your phone number, it is Greenland and everything gonna be alright Well Merry Xmas every one

Unfortunately still not brilliant news, but thought this was worthwhile drawing to your attention, there's been so much hear-say information about PET that factual stuff is always worth a look. Obviously, have a look at the site yourself, I've included the link.

I've long since resigned myself to not winning the 2 first contracts, but this makes me concerned about Suba & Luhais. Any thoughts?

Note particularly the references to S&L in para 1 and the reference to the (in)validity of pre-war contracts in para 2:
(link below)

http://www.riza-1.com/knowledge/Oil-companies.htm

Russian oil and gas companies have contracts to service and develop sites throughout Iraq, with a $40bn economic agreement between Iraq and Russia reportedly having been signed in 2002 to allow oil exploration in western Iraq. The proposal calls for 67 new projects, over a 10-year time frame, to explore and further develop fields in southern Iraq and the Western Desert, including the Suba, Luhais, West Qurna, and Rumaila projects, commencing upon cancellation of sanctions.

NOTE - Russian and French contracts are a significant reason for why the US and UK cannot afford to lift sanctions on Iraq without first gaining complete control of the oilfields (under pretext of 'war'), and a stranglehold on the incoming government or puppet regime that will be introduced. If successful, these contracts will no longer be valid, and the debts incurred by Iraq for its rebuilding process will allow its attackers to pressure the denationalization of its oil fields - in other words selling them on to private oil conglomerates like ExxonMobil and British Petroleum and hence western state control.

The link to the original msg on the other side is:
http://www.advfn.com/cmn/fbb/thread.php3?id=7903517&from=7420

HIK !!!

Its been documented that OGI have offices in Baghdad, and EverAsia have Iraqi partners. These contracts are being kept close to home. UAE Dome has to be favorite for S+L. There is too much unrest and Moo have to be seen as at least appeasing the Muslim world and when negotiations start they can turn round and say they got good deals on upstream contracts.

PET is a dead duck for the present. The Turkish company have said the MOO have informed them they have the second contract so it must be assumed that Horgan and Teeling have been informed as well and know their fate by now but still remain silent. Why are they holding out?