> http://www.investegate.co.uk/Article.aspx?id=200804020701443743R
http://www.imperialenergy.com
http://www.investegate.co.uk/Article.aspx?id=200807040700042799Y




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cyril

you are quite right and arguably i should have sold the balance this morning ...... however, as you are clearly still throwing a bit of a tantrum re the posts on PET, i shall merely add that at least IEC are producing

Cynic, my fair comments suitable responces all things considered.Back to IEC markets horrible if stays below 200 sma & continues falling would consider buying @ 850p.bwtfdik.

Should have gone with my gut feeling after reading a report late Sunday, and
sold all my stock. Alas i change my mind.
cyril

very good recovery since yesterday big hit, but sp may have stalled pro tem as it challenges 200 dma at 1150

Seems confidence is returning, reports that talks with Gaz are not dead?
cyril

http://www.energypublisher.com/article.asp?id=12420
cyril

IEC on the move again .... +30 today, but this is a very volatile stock, so not very much should be read into that, though better up than down!

Could be that investors believe that a deal with Gaz will be done sometime, bringing new confidence?
IEC has always been a leaky share and for me i've a feeling that news is just around the corner, its been a long tome by IEC's standard without a positive update.
cyril

Kazhakstan drilling results due by Christmas. Could the prospect of a large discovery have been the reason to say no to Gazprom?

Brian you could be right,it seems that IEC are not issuing news quite so often,
probably to do with nonsence (Mitvol)? Theirs several pieces of news due,
Buranovskoye well is long overdue,the first of the Rigs should have been delivered and checked ready for transportation(via helicopter)to Block 80,along with news of the pipeline which is planned for this winter. The pipeline would require permafrost
conditions to allow transportation and the temps at Tomsk are at best -7C so
things should be happening on the ground? And as you pointed out the Savkazgra field in Kazakhstan was to be spudded late Sept and a time of 2 months to drill,so
news anyday now?
cyril

IEC going well 1412/1414p also my DGO are motoring, could be the Burren effect?
cyril

Brilliant, what a company,10,000bopd one month ahead of schedule, another big
oil find and pipeline going great guns.
http://www.investegate.co.uk/Article.aspx?id=200712030701149692I

cyril

Not a lot of reaction to this am's news,seems that once again this is priced into
the SP prior to RNS updates?
PL who complained recently about the way the SP was being manipulated,
should see that IEC gets its own house in order.
The Kazakhstan well which was supposed to have been spudded in late Sept,
is to be spudded later this week? So a slight disappointment their,no idea why but
i'm sure their was a good reason.[
cyril

quite possibly shortage of rigs, but do remember that Kaza is bandit country, so sp will always carry that factor

Just picked up this piece of info,needs checking out.
Shares on loan since the beginning of Oct have risen from just over 3% to
over 9%?
Perhaps the reason for the fall in the SP today when with the excellent RNS,
a rise would have been expected?
cyril

Looks like PL has been fund raising,not sure of the short term effects?
http://www.investegate.co.uk/Article.aspx?id=200712040702310902J
cyril

confess i do not understand the conversion rate of these bonds at all .... however, it is clearly an alternative to flogging off a slab of equity to Gazprom(bank?) at a big discount.

on that basis, today's fall could be viewed as a buying opportunity, provided that 25 dma holds, being where sp is as i write.

Well i must admit i took 1297p and got out, my experience with C/Bonds is it
can be made for shorters. This along with the news of shares on loan spooked me
so i got out, at present down to 1262/1260p.
cyril

http://www.reuters.com/article/rbssEnergyNews/idUSL0641903720071206?pageNumber=2&virtualBrandChannel=0
cyril

arguably (look as if I) top-sliced prematurely yesterday, but always nice to put money in the bank!