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

wilbs take anything you can and run.................

Dip in and out before key dates rather than holding on waiting for lady luck to tap you on the shoulder.

Of course do as you think fit, but since you asked................

I agree sw. I was in PET and top sliced so I came away with a profit. I sold my remaining shares today. The sp moved 45.33% today with prob only insider info. Hopefuly tomorrow will be much of the same as private investers digest the news and buy in. I will be in and out hopefully with a nice profit.

wilbs

http://news.ft.com/cms/s/e86be4fe-5510-11d9-9974-00000e2511c8.html

I agree very interesting article, as you all know I'm out of this at the moment, but if the article is to be believed and PET's claim of having the best technicial tender is to be believed, then it appears that they only have to amend the risk/reward offer and they shall win one of the 1st tenders, the question is - what will they do? I agree with wilbs today looks like a good day for day traders, but whether or not they win the tenders looks very much like it is in the hands of the PET management team - How much will they have to lower their bid by? Will it be attractive to the share holders?

For all those holders that stayed with PET, I can only wish you the best of luck

tokyo

Any guesses on the rise in the first 1/2 hour of trading ?

morning all,
the only thing that worries me with the FT report is that they are still saying IRONHORSE of canada, so some of the article is still rehashing last weeks original reuters article.
dexter

76p guess first half hour.

Morning players.

Morning. In for an interesting day?

In at 58,small punt.

couldn't resist I had to jump back in, just for the rush and to see where this one goes

Tokyo

I never new a pet could be so much fun!!

tokyo,
i just knew you would !!, i got back in as well,just to put me back in the good books!!!!. but i`m going to be sensible and businesslike, well that the plan.
dexter

Out at 65,,and thats it for me good luck.

Barclays online is too slow to deal with these Baghdad bounces!!!!!!!!!!!!!
Didn't get me my buy until 64P!

Great trading dave,

Hoodless Brennan said trading was suspended, got in at 66p!! Doh!!

How many bounces are we going to get before the Profit takers go?

So according to the "Times article" the Three companies are in the last tender for Hamrin.
Take out (IOG) Iron horse and gas of Canada as we have seen the official statement saying they were not in the running, and perhaps replace them with OGI. what has anyone found out about them recently? I did see a post claiming that they had received a phone call to say they had won. Was that premature? Breaking the silence? What? PET have been told to keep quiet, and are obviously doing so, as they feel they are in with a chance. It was reported earlier that their tender was the best technical one, so it looks as if they need to drop the price a little and they are in, unless there are any other factors effecting these tenders?

Can someone bring me up to speed on the stuff that i have missed out on?

PET are obviously one company, who is the 3rd?

Also with PET

With have Jordan, Sudan and block 6 all to come in January, Who would have thought back in April we would still be sitting around at Xmas, wondering about Enginnering contracts in Iraq?

I am not a holder punters, but it is sure exciting watching this one. I am willing you all on.... Good luck!!!

This share certainly aint staying stationary!!!

One of my concerns is that a few people don't have a high opinion of the men at the top.

Other than that the potential for gains on this stock are massive as a lot of you have probably seen already.

Hope santa delivers a nice little RNS from his sack.

Legend

I cant believe more people are angry with Reuters for delivering what looks like a false statement in the first place. There must be some redress from them, they cost me and others a lot of money.